03-12-2020, 02:33 PM | #3 |
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No matter how you cut it, leasing is terrible on M2. Might as well lease a M4 for far cheaper. That is why you see the vast majority of people buy their M2C
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03-13-2020, 02:06 PM | #4 | |
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And don't let the "yea, but I own a business so it is a write-off" line come up - cause the "write-off" with a lease, ends up being just about the same (or less) than purchasing and selling later. You just don't spread it out as cleanly when you purchase/sell. and the "yea, but I want piece of mind in case I get in an accident" is BS too - cause you are paying out the butthole for that piece of mind. It is just such a waste on this car to lease. Seriously, just listen to JCZ5 - the M4 will lease out less due to the higher residual and bigger discounts.
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03-14-2020, 04:10 PM | #5 |
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10-21-2020, 01:43 AM | #6 | |
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Lease rates are terrible and I need to hire a new accountant I guess. I pay $1255 a month inc taxes in TX for half a year already. What are the better options anyway? |
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10-21-2020, 02:03 PM | #8 |
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Drives: 20 BMW M2C 17 Mazda MX-5 RF
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residuals still stink on the car.
15K=50% 12k=52% 10k=53% Plus no incentives Way better to buy or do a BMW Select Loan (Balloon) if your state allows it.
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10-21-2020, 02:36 PM | #9 |
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The best you will do for M2C using MSDs and everything built into the payments is low $800s. That includes building in state taxes which for NJ are 6.625%.
The interest rate is 1.5% on the lease versus the 1.9% for financing. It probably works out slightly more expensive to lease than buy because you are stuck with a $925 acquisition/lease fee that you avoid when financing. |
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