View Single Post
      02-10-2023, 09:47 AM   #93
OriginalFake
Captain
571
Rep
605
Posts

Drives: 2023 M240i
Join Date: Jul 2010
Location: NC

iTrader: (0)

Quote:
Originally Posted by KJ10 View Post
I personally think this is a horrible idea. Any money put down on a lease will be lost in the event of the car being totaled. Insurance does not pay you out for that money. I also tell everyone I know, leasing with the intent to buy is the worst way to buy a car unless you are doing it through a business for a write off. You will certainly end up paying the most for the car doing it this way. There is no such thing as a good lease on a 2 series right now. Don't forget when you want to buyout a car you have to factor in the rest of the sales tax that wasn't covered in your lease. And when your lease ends the car market will almost certainly be well on its way down, I would not plan on making any money on this car doing it that way or any way for that matter. Unfortunately the 2 series is not a car that does well with depreciation.
Totally agree with this. Putting $15K down on a lease, particularly right now, is not a good idea.
Appreciate 0