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Old 12-15-07, 11:42   #39 (permalink)
jimmie jam
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Re: Leasing vs. Owning

Quote:
Originally Posted by Spilchy
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.
"you never have to pay for a repair because it's under warranty"... no one does regardless of how you are "paying" for the car (lease is a loan). in addition, please don't be foolish enought to think that "they pay pay for routine maintenance". no dealer sells you a car at a profit and then gives back some of the profit by "paying" for routine maintenance. make no mistake, that is already built in to the selling price no matter what you want to thing (or what THEY want you to think). it's a great deal for them because you are paying for the work long before they do it. this is only one of the reasons is why dealers LOVE payment shoppers and not price shoppers.
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