eyephone said:
irvinehomeowner said:
eyephone said:
fortune11 said:
Leasing these cars is the only way to go, or wait for 2 yrs for the price to drop like a ton . In any case, I would never own these toys beyond the mfgr. warranty.
The cool factor will be much higher in a g-wagon than the more common RR , at least around here
I don?t lease because it?s litteraly throwing money in the toilet.
Not really. Depends on the lease and the situation.
Believe me. Yes it is.
I have to disagree . It all depends on how you view the usage of the car
If a car is a long term purchase (like a home) which you may even pass on to your kids , then yes , buying makes more sense - no question there
but for many people in the target audience of the luxury European 60-100k vehicle - their goal is to have the latest tech and the shiniest new toy on the block. in that case, if you are charging vehicles every 3 years or so, leasing with the proper incentives makes a lot of sense. it also means you can afford a more expensive car -- again, I am not saying you should do it, but if thats your intent .
A good lease target to shoot for is 1% of the MSRP of the vehicle , with zero down and everything rolled into monthlies
So, if you are buying a 60k MSRP BMW 540i , then target $600 per month AFTER taxes and with nothing out of pocket at closing -- now, that would be a good value proposition , if you are changing cars every 3 years or so.
Again, this makes sense if you can finagle a deal like that which many of these German brands do to push out vehicles and get numbers up. You won't get a deal like that on a Honda CRV for example. This also won't work in the first model year of a high in demand car.
Casually browse the forums of many of these German brands and you can see some great deals, which dealers often match especially at the right time of the year (quarter end, summer end, thanksgiving, December , etc)