Quote:
Originally Posted by buschy
Why would someone lease a car when the finance rate is .9???  |
I change my cars every 12 to 14 months, so leasing works well for me. I dont loose much as I have someone assume my lease. I also try and take advantage of the sales tax credits that BMWFS offers only on new leases for TX residents, unlike purchasing where I loose the sales tax when I sell the car and take the depriciation hit. I took a beating on my 2005 545i which I purchased new, lost over 12k when I sold the car after 15 months with only 12k miles on it.
On a different note, how long do the rear tires last on the M3? I am assuming around 8 to 9k miles. On my 550i they only lasted about 9k miles.