Its so much harder right now to find good lease deals for high end cars. I’ve been spoiled by being able to get 25% off all this time and I doubt I’ll see deals like that for a while. With this current environment I’m wondering if its better to buy some sort of exotic and flip it in a year or two. A few problems with that:
- Finance rates seem too high. Bentley is at 7.99%. I wouldn’t get a Bentley anyway, but still…
- Buying it all in cash ties up $200k+
- I could end up miscalculating the depreciation and end up losing gobs of money.
- Am I seriously going to take a Ferrari to the supermarket?!
Has anyone done anything like this before? I’d like to know your thoughts and experiences.