Quote:
Originally Posted by brianeck
Lol this was a great reply. If you get a decent lease rate there is a lot of value in it. Cars are terrible assets and their value drops quicker than the gas needle when you drive them off the lot.
Your $80,000 down payment also has a time value of money element, and while your car is losing its value BMW is out making money on your money.
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Again, if you had read my follow up I am not arguing in favour of buying new and absorbing a huge chunk of depreciation.