My lease on a 2016 535, mint condition, 29K miles is about to expire. love the car. From a strictly economic standpoint, does it make more sense to buy it or turn it in and lease a new one?
Depends on your lease payments, resale value, trade in value - I'd say more time than not buying is always more economical because you actually own something. A lease you're just 'renting' the car but never gaining anything back.
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The advantage of leasing is that car is always under warranty and you do not have to worry about out of pocket cost of car repairs. You just renting the car and afterwards turn it in when the lease ends. Being a BMW; you could be in for a lot of future costly repairs down the road if you did buy it! That why 90% of new BMWs are leased.
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