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|3-Series (E46, E90) Chat relating to the BMW 3-Series from 1999 to Current. Models include: BMW 316i, BMW 318i, BMW 318Ci, BMW 320i, BMW 323i, BMW 325i, BMW 330i, BMW 328 Ci, BMW 328i, BMW 325i/xi, BMW 330Ci, BMW 320d, BMW 330d, BMW 335d.|
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| Originally posted by 2001BMW325xi@Aug 18 2004, 11:40 AM |
Actually even Loan companies require some liability limits. My company stipulated no more than 500$ deductable on the car and no basic liability. But other than that it all good. Heres my take on lease/loan
Lease: Pros: Low monthly; dont have to put lotsa money down; can trade in car to dealer when done pretty easy
cons: cannot do ANY mods; limited milage; basically they tell yu how yu can drive the vehicle---not good; lotsa document hassles; you take in all the depreciation when yu trade in; high refinancing rates if yu actually want to buy the vehicle later.
Loan: Pros: everything that is con with Lease. ITS YOUR CAR.
Cons: High monthly, maybe high Down payment; yu still get hit with depreciation; yu have to try and get a good percentage of interest (BTW i got a 4.8% - used 2001 E46).
So there ya go. Hope yu make the right choice.
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|To lease or to buy - BMW specific||crisdoc||3-Series (E46, E90)||2||01-05-2004 12:49 PM|