Quote:
Originally Posted by Hap
Looking at lease offers on 2 series on BMW page I see.
36 months $700 + 5000 down = 30K and residual of 29K.
Pay cash 59K and its worth 29K in 3 years.
I see no difference between leasing and paying cash.
Educate me please I am trying to decide what to do.
Hap
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First thing is you will not be leasing a car with a 59k MSRP for $700/month. It says on BMWs leasing section for these cars that the MSRP that deal is based on is $53495 which includes the destination/handling fee. You also need to remember at lease end the 29k residual does not include tax's or fees for the buyout so it will be more than 29K for buyout. Leasing a car and then purchasing at the end is almost always the worst way to purchase a car if you plan on buying it in the beginning.