Buy or lease? Am i crazy for putting 15/20k down on a lease?

Why not go for a 540i instead? As others have stated, it is never a good idea to put money down on a lease.

It depends. Although some used car prices have started to go down, I still think the market is inflated for certain brands/models. You need to do some research.

This is exactly what would happen if the owner of this car put $20k downpayment on his brand new leased car.

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So what? My wife thinks I can go out and just get another $700 m550i.

NBD.

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LOL, yea with another $20k down🤣

Take that $15/20 and put into a savings account or cd. (Earn a little bit of interest)Then divide that money by the number of the lease mts. Use that amount towards the each lease payment. Never put anything down. If you happen to trade in a car take that cash and do the same thing.

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I know you’re in California, but check out this M550 up for transfer in Florida.

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I cannot make up my mind and would appreciate some thoughts. Lease or buy CPO?! Options would be leasing a 540i, zero down and keeping my cash. Or putting 15-20k down on a CPO m550 or 840i. Payment would be roughly the same, somewhere in the 800s give or take. 850 is so high to lease in my opinion for a 540i, although i keep that cash. Buying CPO i lose the cash but its equity in the car and can sell at anytime. 30 days left on my lease and starting to go crazy lol. I have been leasing all my life, but as we all know it is high right now on specific cars we want

What happened to all the advice that was shared a month ago?

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Yea definitely get the CPO 840i. Ridiculously reliable cars that you could pass down to your grand children.

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I took the advice and going zero down on a lease if i take that path lol, thank you

I cannot tell if youre being sarcastic or not

What other advice do you need? Have you made an offer to a dealer who has the car you want to lease? If yes, feel free to share the deal here.

Yes I am being sarcastic. There are brokers here doing $600 for 540i in SoCal.

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Is this your offer? For what car? Not sure how you expect folks to help you when you have not shared much info, apart from a calculator link.

Sorry my mistake. This is the correct link, 2023 540i. From clutch auto, i thought they were one of the best brokers

So what’s your question? If this a broker deal, then I am sure you are aware that it is a take it or leave it kind of deal.

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$955 for a 540i? :anguished::open_mouth::astonished:

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Right…why im leaning towards buying something CPO :face_with_diagonal_mouth:

Crown Vic.