Given those lease numbers, your monthly to finance a purchase would not be far off. With a purchase, you can get rid of the car at your heart’s desire and still have the tax benefits that you reference. Not the same for a lease with a M3 lease payment that is in the ballpark for a typical i8 lease.
We of course try to get sticker on M3’s because we have such a small allocation and to be honest the LA dealers beat us quite often on M cars but at the same time we, as a Hendrick store we NEVER sell over sticker. I sold the first i8, the first M4 GTS and the first M2 and all were sold at MSRP. Other dealers hate us for that. But it’s a stance that Mr. Hendrick takes with all his stores and even though he’ll pay $700k for the first new NSX, he will never let us mark up a car over sticker. Kind of ironic. Lol.
I’m happy to see that you appreciate the car and the Individual color/trim to respect the lack of discount but if it was me I’d still at least try to split the profit with them. Maybe $2k off? Like you said…just something.
@Fastrack with all due respect how does a lease from 7 years ago define what’s a good deal today? I agree that the current MF’s from BMW are not that great but you can’t compare this to a payment you managed to get 7 years ago. Inflation alone would add at least a $100-200/mo. Am I wrong in saying so?
You’re correct. I wasn’t comparing with my lease 7 years ago. I was telling him he got a bad deal. Yes, you’re on point about $100-200 inflation as I got a quote on the MY17 F82 leftover for $900.
I make payments (aka financing 60/months) on my car and write them off. Not sure of how much as that’s up to my accountant, but for my use doesn’t have to be a lease. I drive around 30k a year. There are tax differences between financing/purchase payments and lease payments, but you can still use either payment for tax purposes.
Not sure what your accountant is or isnt doing but when you purchase a car you can only deduct a percentage of the depreciation when you lease it its a much larger portion that can be expensed as it isn’t an asset.