First Car - Lease or Buy BMW?

Apple
Cim Took

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Cim Took
Jun 14, 2017 33 Comments

I am planning to go with BMW 3 series. Any advice whether to buy or lease? Pretty confused.

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 TOP 33 Comments
  • Microsoft / Eng
    πŸ’©βœ…

    Go to company page Microsoft Eng

    BIO
    My side chick calls me πŸ’©πŸ’°
     πŸ’©βœ…
    Alternative advice: buy a lightly used still under factory warranty. You save a TON of money and are guaranteed everything is Gucci for the next 1-2 years
    Jun 15, 2017 4
  • buy Asian cars and lease European cars.
    Jun 14, 2017 1
  • bmw lease. they're a pain to maintain in long term.
    Jun 14, 2017 3
  • Apple
    ⌚️

    Go to company page Apple

    ⌚️
    Do you plan on keeping the car for a long time (6+ years)? If so, buy it. I look at the current vehicle market kind of the way the cell phone market was before iPhone / smartphones became ubiquitous. There are rapid advancements in automotive tech right now - if that's something you care about, I'd recommend a lease. Chances are in 2020 the landscape of vehicle tech in the 3-series segment will look quite different than it does right now. With a lease you'd just turn it in after 3 years and pick up whatever you want to replace it.
    Jun 15, 2017 3
    • Lyft
      ytrr

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      ytrr
      But wouldn't lease cost be high for 3 years.
      Jun 15, 2017
    • Adobe / Eng
      xellex

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       xellex
      You can sell a car you own and get a new one right away too ;) Getting in/out of a lease is a pain and definitely not free.
      Buy cars cash... borrow money for a house.
      Jun 15, 2017
  • Uber
    small

    Go to company page Uber

    small
    You never want to buy BMW. Unless you buy it out of your own lease.
    Jun 14, 2017 2