Quote:
Originally Posted by kerm1t
might help to ask who "bought" their first M car, not including leases. Many young people can pay monthly on this car, but not many can pull the trigger on a finance, or a buy out. I've leased my first M at 26, and purchased the f80 at 29.
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That really is irrelevant. A person who "
purchased" their car has no more ownership than the person who leased. Until that final payment is made, the finance company owns that car, not YOU. It doesn't matter if you purchased outright from the beginning or chose to lease first, gauge your investment/desire to keep the car after 3 years, and then refinance the remaining amount and keep the car. We all have to go through the same credit approval process, so you're not better than anybody else who chose to lease. Leasing is often the smartest choice for many people, especially when write-offs, the desire to always have a newer car under warranty, etc. are factored in.