Quote:
Originally Posted by SleepingBMW
(Leases are always a rip off)
The average lease is like financing at 18%. Consider buying at 1-5% and selling after 2 years and save some cash if you are going that route
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Would love to see your math on this. The false narrative thrown out by people who do not understand leasing is laughable.
In reality BMW significantly subsidizes their leases historically. Also if you actually do the math you will see lease and purchase are within a few percentage points in cost depending on how your state taxes a lease. It also provides a guaranteed buyout price at the end of the lease that protects you from shifting markets. If the car is damaged during the lease period you don't have to deal with a derogatory on the title when selling you simply hand the keys back to the dealer and walk away.