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2Addicts | BMW 2-Series forum BMW 2 Series (F22) Forum 2 Series Pricing, Ordering, European Delivery Buying vs leasing?

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      05-11-2015, 02:31 PM   #1
schybrid
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Buying vs leasing?

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Would it make sense to buy an ///M235i vs lease for 3 years?

How much would a 2015 ///M235i , msrp $47500 be worth after 36 months ?

30,000 miles = 62% = $29450 residual.


$43,000 sale price
$1500 cap cost reduction
1.9% @ 60 months
7% sales tax
$400 misc fees

= $785 month for 60 months

After 36 months:

Paid $785 x 36 months $28200
Plus down payment $1500

Invested after 3 years $29700.



car worth $29450 after 3 years.
Invested $29700 after 3 years.

3 years payments + down $1500 = $29700

24 more months to payoff car = $785x24= $18840

So if paid 29700 + 18840 = 48540 invested...

48540 invested ....
29450 residual .....

$19090 Cost to use car 3 years
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      05-11-2015, 02:39 PM   #2
schybrid
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Actually cost to use car for 3 years wpuld actually be $18000 +/-, due to savings of $1000 in interest paid off early(chexked amortization schedule).

So $18000/36 months = $500 even

So to buy if all worked out..

Monthly payment of $500 even..... With $800-$1000 down depending acq fee.. Fees... Etx
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      05-11-2015, 05:27 PM   #3
justinnum1
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considering the M240 is coming soon, lease!
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F30 328i Alpine white/Coral red Msport 6MT, HK, Zenons, msport brakes, black grills and black side sills. mperformance exhaust
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      05-11-2015, 09:22 PM   #4
mike@tpc
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leasing has some advantages, like knowing your exit price, and in the case of my SUV, its a business vehicle, so its all paid for with pre tax dollars.

However, as you pointed out, your overall cost will be lower with purchasing. If you can sell it for the residual.

I did once lease a saab because they had a 299/mo special. It was worth less than the 3 year residual one year into the lease. I was very glad that all I had to do at the end was give it back and walk away.
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