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Old 07-08-2014, 05:08 PM
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Re: Buy out my lease or not?

Originally Posted by VANT4GE View Post
The dealership worked with me on the miles, so I gave back the 2011 and financed a 2014 Laredo E with Nav and 18 inch rims.


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Old 07-22-2014, 03:53 AM
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Re: Buy out my lease or not?

"Leasing cars every 3 years is pretty dumb in my opinion"

To beat a dead horse even deader

Leasing is a good deal if, and ONLY if
1) Cap cost is low AND
2) MF is low AND/OR Residual is high (double bonus if both are true and
3) you dont live in texas or any other states where tax is hit for the full amount vs other states which only tax you based off the USE of the RENT.
4) You dont drive over 15k or 18k a year

full disclosure : i have a 2011 WK2, own it, but i am leasing a 2014 BMW, so i understand on both sides.
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