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Old 12-15-07, 09:00   #38 (permalink)
Spilchy
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Re: Leasing vs. Owning

I lease.

My parents lease too. They are on their 6th BMW (the current one is on the boat now coming from Germany).

You never have to pay for a repair because it is under warranty. With BMW, they pay for your routine maintenance including brakes. Basically my folks just pay the monthly payment, insurance and gas. My father is a leasing expert so we do very well with our monthly payments.

Plus my folks 2008 BMW 3 series coupe is vastly improved over their 2004 3 series coupe. You get to enjoy a new model every 3 years.
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