Quote:
Originally Posted by Kief
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.
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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.