Bmw has sticker of $61xxx, I can lease for $650/mo with $5000 down. 24 mo. / 15k mi per year.
seem like a good deal?
seem like a good deal?
The SRT-8 is faster by a long shot. The BMW is made more for luxury than for speed, although it is faster than most other sedans in its class.Whats quicker a Bmw 550 or a Chrysler 300 SRt8?
I don't like leasing at all because in the end you don't end up with anything except a boatload of cash out of your bank account. After 2 years, the lease will cost you appx $21,000, you could nearly finance a Camry for that! I've never got why people lease cars, it just takes your money and gives you nothing in return. Personally, I'd save your money and buy an actual car instead of "renting" one.The Bmw has sticker of $61xxx, I can lease for $650/mo with $5000 down. 24 mo. / 15k mi per year.
seem like a good deal?
mnext02 said:550 0-60 time is 4.2, srt8 is no faster
4.2? If it really did that I would possibly forget my dislike for the car's obviously Pontiac inspired styling.mnext02 said:cuz the car costs 60k. i could put 15k down and two years into try to sell it. I wouldnt get more than 40k for it. so i still lost money.
550 0-60 time is 4.2, srt8 is no faster
You can sell a lease vehicle so long as you cover any remaining payments and the residual value of the vehicle.SpeedyArizona said:I don't think you understand what leasing is. You don't actually own the car, rather you rent it. At the end of a lease, you have the option to buy the car for its market value. You couldn't sell it because you don't own it.
the way i see, be it im 21 and dont fully understand everything yet (imagine that), is that people lease cuz they figure "ah the heck with it, im gonna be paying a car payment my entire life, i might as well drive WHAT i want, WHEN i want."SpeedyArizona said:The SRT-8 is faster by a long shot. The BMW is made more for luxury than for speed, although it is faster than most other sedans in its class.
I don't like leasing at all because in the end you don't end up with anything except a boatload of cash out of your bank account. After 2 years, the lease will cost you appx $21,000, you could nearly finance a Camry for that! I've never got why people lease cars, it just takes your money and gives you nothing in return. Personally, I'd save your money and buy an actual car instead of "renting" one.
Why did you pick the 550i exactly, there are many more choices out there...
The argument makes sense, but it still bewilders me why someone would willingly throw money away and not get anything for it. I would rather just finance the car and own it after 4 years. Different strokes for different folks...at the end of the agreement, if its a thumbs down...hey atleast you never purchased it. sick of your car after 2 years? thank god you leased cuz now you can try something else.
Yeah im sure all the dudes over in Munich were like "how con vee make zee bmw 550i zook zike a pontiac vibe?"Zorb750 said:4.2? If it really did that I would possibly forget my dislike for the car's obviously Pontiac inspired styling.
Low 5s is accurate. The SRT8 is faster in a straight line, I doubt its handling is as good.
I'm a big BMW person and I would NOT buy it. The previous 5 is a better car and almost as fast.
Ya know, I wonder how many people go into leases... and don't actually realize that....SpeedyArizona said:I don't think you understand what leasing is. You don't actually own the car, rather you rent it. At the end of a lease, you have the option to buy the car for its market value. You couldn't sell it because you don't own it.
85EvergreenBrougham said:Yeah im sure all the dudes over in Munich were like "how con vee make zee bmw 550i zook zike a pontiac vibe?"
I believe bmw started their trademark 2-opening grille in the early 60's,pontiac did it in the late 60's.And the upward slanting headlights on the 550i was just natural progression of the original design.
Im still recovering from friday night and i seriously have nothing better to do than google search pictures of pontiacs and bmw's.Ahhhh......
http://www.broadspeed.com/images/model-images/BMW_5-Series_4.jpg
Any car is a terrible investment...FSU_Noles said:You can sell a lease vehicle so long as you cover any remaining payments and the residual value of the vehicle.
As for lease versus buy, I lease many vehicles for a number of reasons. First and foremost, As I own my own corporation, the corporation leases my car for me.
Secondly, buying a car with a loan is essentially like putting money into a declining-value savings account — you never get out as much as you put in. A portion of every payment you make is lost to depreciation and finance charges. What you have "to show" for your investment when your loan is paid off is only the part that is left over after depreciation and interest. A terrible investment by any measure.
Leasing, then, is similar to buying, but without the "savings account." You only pay for what you use and don't put anything into "savings." It's true that you'll own nothing at the end of a lease; you'll have nothing "to show" for the money you've put into it. But... what you don't own is the same part of the car — the depreciated part — that a buyer too doesn't own at the end of his loan. Again, a car's value depreciates the same amount whether it is leased or purchased.
With leasing, you may have the option of putting your monthly payment savings into more productive investments, such as mutual funds or stocks that have the possibility of increasing in value.
((http://www.leaseguide.com/lease03.htm said it better than I could))
THATS JUST IT!chuckdobbins said:the way i see, be it im 21 and dont fully understand everything yet (imagine that), is that people lease cuz they figure "ah the heck with it, im gonna be paying a car payment my entire life, i might as well drive WHAT i want, WHEN i want."
at the end of the agreement, if its a thumbs down...hey atleast you never purchased it. sick of your car after 2 years? thank god you leased cuz now you can try something else.
thats my take. it makes sense to me.
but for petes sake get the dodge!!
I knew you were gonna say something to that effect...Night Wolf said:My gosh, physical proof that just because a car cost 3x+ more... it still looks like crap. Those Pontiacs sure are sharp looking.
I know,but im talking about the ones that acually look SIMILAR.Bmw had the smaller split grille in the early 60's,pontiac had the split grille,but it didnt get small until the late 60's.Boo yaNight Wolf said:BTW Pontiac didn't get a split grille until the late 60's?
Somebody dosn't know their Pontiac history....
1959 Pontiac Bonnieville....
Man, cars with real names instead of numbers are so much better....