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Old 12-01-2012, 10:35 AM
EnerJi EnerJi is offline
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Location: Miami Beach
Join Date: Oct 2012
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Mein Auto: '02 Mustang GT
Originally Posted by dunderhi View Post
Great minds do think alike, except Mrs. D isn't ready to part with her 335d quite yet. (Yes BJ, she has 40kmi on her out of date E90 and she doesn't want a new car.) Anyway, I ran the lease numbers on a $120k M6 doing an ED (allowing for $5k profit) with no money down and the taxes rolled in yields an $1,800/mo payment. Not too bad, but I predict that this time next year the ED profit margin would be down to $1,200; dropping the monthly payments by $100/month. Doing a loan hits about $2k/mo for 60mo at 3.29%. Unfortunately, this loan amount is too big for PenFed ($70k max), so BMW's rate might be the best choice on a buy.
Why not put $50k down to get the cheaper PenFed loan?