View Single Post
      03-08-2014, 11:40 AM   #149
DukeCapitalM3
Private
1
Rep
83
Posts

Drives: E93
Join Date: Mar 2014
Location: NOLA

iTrader: (0)

Quote:
Originally Posted by Kief View Post
And now you have a trade...you're killing me

Seriously, I would not even consider leasing if you were planning on putting anywhere near that kind of money into it. You're better off using that 35k equity on a finance.
35k would pretty much cover the life of the lease on it's own so you could put 10 down and then use 25k to cover the next 2 years then pay your final year as you go. Agree you could prob negotiate a good financing deal with that kind of money down.

The best thing about leasing, which I learned the hard way, is if the car get's wrecked you are in much better shape with a lease. You get the car fixed, and the diminished value issue is not your problem. Turn that baby back in and move on.

If you own? M3 wrecked? Expect $12-$18k knockoff on trade in due to CARFAX report. HUGE Pain in the ass.
Appreciate 0