Send to a Friend

Deepness's avatar

Cars: Buy outright? Swap-a-lease?

Asked by Deepness (1145points) July 9th, 2009

A few days ago I posted about taking my current 325i in for a fixin’. Now, only two days later, it needs plenty more fixin’. So It’s car buying time again for me. Once again, I’m confused.

What are the pros and cons of buying a car (ex $30k) outright versus leasing it or taking over someone else’s lease?

My neighbors have BMW M6’s and M5’s. They go the swap-a-lease route. They take over the remainder of someone else’s lease. This allows them to get new cars every 9 or 10 months.

If I were to buy a car outright, would I still want it 3 years down the road? Should I lease my next car?

Using Fluther

or

Using Email

Separate multiple emails with commas.
We’ll only use these emails for this message.