rate the deal i got on a lease 750li

OnlinePro · #1 08-06-2006, 10:41 PM

I recently leased the 750LI fully loaded with MSRP of 85,000 for 3,500 drive off and 950/month plus tax for 3 years an 12,000 miles per year. I looked around and it was the best deal around here ( los angeles ) can anyone find better.

THAY3R · #2 08-06-2006, 11:09 PM

How much do you expect the car to be worth in 3 years?

OnlinePro · #3 08-07-2006, 12:29 AM

about 40 depending on miles and how bad wear an tear

Cubswin · #4 08-07-2006, 12:59 AM

37k to rent a car for 3 years... sounds like a great deal.

DesertCat · #5 08-07-2006, 01:17 AM

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37k to rent a car for 3 years... sounds like a great deal.

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Hey it's not often you can get into an investment and know up front you are only going to lose $37k

kyleb · #6 08-07-2006, 05:05 AM

[ QUOTE ]
[ QUOTE ]
37k to rent a car for 3 years... sounds like a great deal.

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Hey it's not often you can get into an investment and know up front you are only going to lose $37k

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This is an investment?

DesertCat · #7 08-07-2006, 10:21 AM

[ QUOTE ]
[ QUOTE ]
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37k to rent a car for 3 years... sounds like a great deal.

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Hey it's not often you can get into an investment and know up front you are only going to lose $37k

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This is an investment?

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No, it certainly isn't. I wonder what's wrong with buying a 2 year old 750 with 20k miles and saving $20k (or more)?

celiboy · #8 08-07-2006, 12:38 PM

LOL

Let me ask you one question...what did you pay for the car? You don't know do you?

Do yourself a favor and read The Millionaire Next Door

celiboy · #9 08-07-2006, 12:42 PM

So If you take the $950 you are paying less say $350 for a reasonable car loan, that saves you $600 a month. Accumulate those savings for 3 years and then invest them for 30 years and you will have just under $300,000. Have fun in your gas guzzler.......

OnlinePro · #10 08-07-2006, 04:04 PM

LOL you people on this forum are crazy. Do you people save every dime you make and invest it in 7% yeild investments for 40 years until you die and never get to spend your money ?

The question was if I got a good deal on the lease. Not whether or not it was a good way to spend 40k over 3 years.

What is the point in earning money if you dont get to enjoy it ?

Some of you need to weight that into your calculations and denominations of how much you save per year over how many years times how many percent over how much is taxed minus how much is spent...... ehhh you people are crazy.