Quote:
Originally Posted by e34m5
It's absurd to pay $800/mo for a car. Don't buy it if you can't afford it.
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It is absurd to put $60K in capital into a depreciating asset that will most likely be sold within 3 years with interest rates so low. In addition, places like California we only pay tax on the lease payment, not full value of the vehicle. With BMW supporting most of the vehicle residuals there is no reason ever to buy a new BMW. Mercedes on the other hand does not want to lease vehicles like the C63 where it is probably cheaper to purchase.
Before you make blanket statements do some basic financial analysis.