View Poll Results: Leasing/Buying?  
Plan on buying  52  80.00%  
Plan on leasing  5  7.69%  
Plan on leasing, at end of lease getting into another lease on a G87 LCI  0  0%  
Plan on leasing, at end of lease planning on buying the G87 LCI  2  3.08%  
I like taking bubble baths while playing with toy cars  6  9.23%  
Voters: 65. You may not vote on this poll 
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09292022, 02:38 PM  #24  

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Not good. 

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09302022, 09:54 AM  #25 
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If you intend to buy then the only thing you need to compare is the money factor (interest rate) vs the finance rate. There's not much magic to it.

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10082022, 12:14 PM  #26 
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The F87 leased like shit. Are we expecting something different here?
I bought my F87...drove it around for a few years...and sold it for $2k short of what I paid new. My effective payment was something like $55 a month. I know we're never going to get something like this again (Corona Induced Car Crazyness) but buying this car probably won't be the worst thing in the world. 
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10242022, 03:44 PM  #27 
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Here's some math:
According to this deal on BMW's site: A 240i xDrive with MSRP $53495 has a lease payment of $689 per month. This lease has a residual value of $28887 (54% of the original MSRP). So the amount "value" of the car you're paying for by leasing is $53495$28887 = $24608. At signing, you make a down payment of $4285 plus the first month's payment, so the total amount left is $24608$4285$689 = $19634 over 35 months. Now instead of this lease with $689 monthly payment, suppose instead that you have a loan of $19634 over 35 months (these two things are essentially the same thing). The $689 monthly payment on a 35month loan of $19634 comes out to an interest rate of 14.26% APR. You end up paying $4481 in interest on that loan. tl;dr: leases are awful right now. Don't lease. 
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10242022, 03:59 PM  #28 
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Leases have always been awful on 2series. BMW doesn't inflate the residuals like they do on other models. Now money factor is also terrible, so leasing is a no go.

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10242022, 04:35 PM  #29  
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10242022, 05:13 PM  #30  
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I do it that way and it comes out to 3.92%. 

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10252022, 08:04 PM  #33  
Luxury at the redline :)
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BMW FS also upped their credit approval standards for their toptier promotional rates, so it's even harder to qualify than before for even their lowest advertised APR, which as you mention is whopping 6.5%. Ouch. Each number requires a FICO Auto 8 for the number above to be qualify. 740+ Super Elite 700739 Elite 675699 Standard 640674 Standard Plus 601639 Progressive . 

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10302022, 11:13 PM  #36 
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Buying. Hoping these recent FED interest rate hikes run its course on the economy and bring down demand (and thus inflation) to a reasonable level by May. I was given a terrible APR proposal and have great credit. I turned it down and will be running the numbers again come delivery day in hopes of better federal funds rate by then.

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