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The BMW X7 is a sport utility vehicle manufactured by BMW. It is BMW's flagship Sports Activity Vehicle (SAV)

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Old 02-03-2020, 08:22 PM
akashme akashme is offline
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BMW X7 Lease vs Buy - Help


My heart is set on a X7 and I currently own a X5 35d which I absolutely still love.

I was reaching out to seek help on buy vs lease decision. I feel this is a bad time to buy an expensive car like an x7.

While I understand the benefits of buy (I have never ever leased a car), one of the big cons as I see on buying is that I will be stuck with the car for atleast 5+ years. The car technology is changing so quickly that in 2-3 years BMW will have an answer to electric and autopilot + more innovation.

I feel if I lease, I will be in a much better position to upgrade in 3 years to something more advanced and innovative vs try to sell the X7 at a pretty bad price - considering there will be much advanced options available and the car would have devalued significantly owing to that.

Appreciate any guidance - am I thinking this right.

Also on my most recent X7 3yr/36k lease I am getting a MF of .0177 and a residual of 54%.

The MF seems high. Any idea what's the prevailing MF on 2020 X7 leases.

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Old 02-14-2020, 08:57 AM
x4guy x4guy is offline
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I agree that the tech landscape is shifting seismically right now, so I think a lease is a decent idea - especially with a mega-vehicle like the X7 which may depreciate like a rock if oil ever spikes again.

Advice: unless you are a good negotiator and savvy about lease structures, I'd use a car concierge like "BostonCarConcierge" (no relation) over at LeaseHackr. He gets deals that are better than I've been able to, and I actually know a decent amount about leasing.
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Old Today, 03:54 AM
abscate abscate is online now
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Leasing is a vacuum cleaner of money from one party , depositing it into the wealthy bank accounts.

Buy a good CPO, drive it for 2-3 and let the landscape settle for a bit.

Mitigate the capital loss with a transferable warranty do you can sell the x7 anytime

Last edited by abscate; Today at 03:55 AM.
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