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Thread: Lease vs Buy

  1. #1
    Join Date
    Oct 2018
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    washington dc
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    My Cars
    535 XI

    Lease vs Buy

    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?

  2. #2
    Pelican Parts's Avatar
    Pelican Parts is offline Senior Member Supporting Vendor
    Join Date
    Aug 2013
    Location
    Harbor City, CA
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    '02 E39 Touring
    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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  3. #3
    Join Date
    Jun 2009
    Location
    Minneapolis, MN
    Posts
    14
    My Cars
    Honda Accord SE
    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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