Great forum. I have the following deal on a MY 2018 M240i. This is the new LCI.
MSRP: $51,580
Selling Price: $47,500
Residual: 53%
MF: 0.00151
10K/36mo
Tax 9%
Leasehackr score of 6.1 years, not sure if that’s good or bad. I have the $ to buy the car but a friend told me if I only want to keep the car for 3 years it’s smarter to lease and invest my cash. I can also deduct the lease payments on my biz taxes. What do you guys think? Is it better to do this lease or buy the car and sell in 3 to 4 years?
I know @willwar14 The residuals for the MY 2017 are 58% for the same mileage. I can’t order a 2017 anymore and I couldn’t find one spec’d after lots of searching. I figure in 2 to 3 months it should improve but I’m still not sure whether buying is a better idea anyways, hence my initial post.
The craptadtic residual may actually help the op, he gets to write off the lease at the low residual and then if he wants to buy the car personally he pays less. If the op has zero interest in purchasing after the lease then it does no good.