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View Poll Results: How will you be owning your new M3
Lease 28 35.00%
Finance 31 38.75%
Cash that baby out 21 26.25%
Voters: 80. You may not vote on this poll

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      05-27-2007, 11:32 PM   #1
M3Chang
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Will you be leasing your M3 or Not?

1. Lease
or
2. Finance
or
3. Buy it out
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      05-28-2007, 01:36 AM   #2
lucid
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If you have the cash, and if you take everything into account, and if you are going to hold the car for more than 3 years, buying it beats the rest unless you have some kind of investment scheme which gives you more than 10% annual return on your cash.
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      05-28-2007, 04:32 AM   #3
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Just buy it there are no deals on M models..waste of time
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      05-28-2007, 03:53 PM   #4
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Leasing is for losers! People who don't have the cash for the car don't belong on the road!
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      05-28-2007, 04:14 PM   #5
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Thats extremely harsh. Sometimes it makes better financial sense to lease becuase of the tax exemption if you get it through your own business


Quote:
Originally Posted by swiss_cornholio View Post
Leasing is for losers! People who don't have the cash for the car don't belong on the road!
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      05-28-2007, 04:38 PM   #6
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Quote:
Originally Posted by swiss_cornholio View Post
Leasing is for losers! People who don't have the cash for the car don't belong on the road!
this statement is being made by an individual who is under a misconception...leasing can very well be a much better situation if you understand creative financing
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      05-28-2007, 05:19 PM   #7
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I'm going to be keeping this car for 10+ years. I'll be buying it for sure. I have a large downpayment already saved up, however I don't think I'll have enough to pay cash outright.
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      05-28-2007, 05:20 PM   #8
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Quote:
Originally Posted by swiss_cornholio View Post
Leasing is for losers! People who don't have the cash for the car don't belong on the road!
I'm buying mine, but that's a really ignorant comment.
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      05-28-2007, 06:53 PM   #9
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Quote:
Just buy it there are no deals on M models..waste of time
Untrue, I will be ordering mine with a garunteed 10% off of MSRP!

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      05-28-2007, 09:17 PM   #10
M3Chang
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Quote:
Originally Posted by JEllis View Post
Untrue, I will be ordering mine with a garunteed 10% off of MSRP!

Jason
Good luck getting 10% off the MSRP :P
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      05-28-2007, 09:20 PM   #11
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Originally Posted by M3Chang View Post
Good luck getting 10% off the MSRP :P
yeah i will too... i work at a dealership. i get like 3% under invoice which is about 10% off total.
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      05-28-2007, 09:38 PM   #12
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Quote:
Originally Posted by swiss_cornholio View Post
Leasing is for losers! People who don't have the cash for the car don't belong on the road!
Wow, me and u are just alike













NOT!! to each his own, I guess you a big baller you got an M3 all bought out.
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      05-28-2007, 10:06 PM   #13
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Quote:
Good luck getting 10% off the MSRP :P
Thanks but I already have it garunteed through BMW military sales...

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      05-29-2007, 04:39 AM   #14
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I'm planning on leasing one, when my current lease expires.
Leasing is significantly cheaper than buying if you know what your doing, as depending on your tax rate it works out around 30% cheaper than buying. If you don't even consider it, you are an idiot!
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      05-29-2007, 04:57 AM   #15
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Cash, money from selling my current ride and my year end divvy in April 08. The Wife will be livid. Mind you I can tell her its a 320, she wont know the difference.

Nowt wrong with leasing, my wife's Merc is leased.
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      05-29-2007, 07:35 AM   #16
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Would lease through my business if I could, but I can't so I will be shelling out the cash personally.

Re "losers", a real loser is someone who pays more tax than they need to IMO...

And if you really can afford to be totally reckless with cash, what are you doing even looking at a measly BMW?
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      05-30-2007, 07:29 AM   #17
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Quote:
Originally Posted by 13eastie View Post
And if you really can afford to be totally reckless with cash, what are you doing even looking at a measly BMW?
LOL

Just a few disadvantages of leasing:

- base price for leasing is MSRP; cash is 7% off
- it IS more expensive: after the 3 or 4 years of the lease you will have payed about 90% of the base price, but the car still doesn't belong to you
- you must have the highest possible insurance at all times
- you have to decide in advance how long you wanna keep it
- and about the taxes that were mentioned several times: no (at least in Switzerland) you cannot deduct that from your income tax!!
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      05-30-2007, 08:05 AM   #18
lucid
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Quote:
Originally Posted by BMW //MPOWER View Post
I'm planning on leasing one, when my current lease expires.
Leasing is significantly cheaper than buying if you know what your doing, as depending on your tax rate it works out around 30% cheaper than buying. If you don't even consider it, you are an idiot!
That might be how it is in Australia, but there is no way you can get 30% discount (or any discount for that matter) on an M3 in the US via leasing unless you are doing it through your business.

Last edited by lucid; 05-30-2007 at 08:26 AM.
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      05-30-2007, 03:03 PM   #19
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maybe better to lease!, however I dont like the mileage limitation, if only I can disconnect the speedo, but that illegal!
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      05-30-2007, 03:10 PM   #20
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Quote:
Originally Posted by imolazhp_ci View Post
yeah i will too... i work at a dealership. i get like 3% under invoice which is about 10% off total.

same here, work at the dearlership!!! DISCOUNT :rocks:
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      05-30-2007, 03:15 PM   #21
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I get 19% off mine (inc. options), brother a design engineer for BM.

U like apples....?

How u like them apples!?!
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      06-01-2007, 07:53 PM   #22
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Quote:
Originally Posted by swiss_cornholio View Post
Leasing is for losers! People who don't have the cash for the car don't belong on the road!

You dummy swiss is the real loser. But you are so dummy that I don't see the point taking economics with you. this is how I really feel about you arrogant SOB
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