I’m guessing that’s around a $250k build. The miles remaining made this not so bad. $1/mi on a Turbo S is great. If I had $4k a month burning a hole in my pocket I would’ve been tempted. Clearly I don’t though.
The hilarity is on the original lessee. If it was a 36 mo, he paid $54/mi for his 2000 miles excluding whatever he paid at signing 
EDit: I’m retarded he put 31k on not 2k. Nevermind.
X2 demo with 4500 miles.
Also incentives are 4750, not 1750. So they’re attempting to sell me a demo at MSRP 
So you’re against participation trophies I assume 
(I am too, FWIW)
At least you have your vpn running, makes it harder to track you down
Pop up blocker for porn sites 
I wonder if they’re selling it you at MSRP with marked up MF :P.
That’s a terrible deal on a 320.
Geezus I’m paying less for my new 2018 340i m sport last week and that’s without loyalty, college code etc.
I suppose the average buyer really just ponies up the money…
Hopefully it’s a fart car too
This will be up for swap here within 3 mos. 
I saw this one yesterday and didn’t quite understand why people were not giving him/her shit
They’re starting to do it now…
Apparently he’s an investor and would rather keep cash liquid and in stocks than pay off negative equity. Despite the fact he’s paying taxes and interest on 9k of negative equity which would be higher than any return he can get on the market for those same 9k.
Kind of confused as to why he wouldn’t just pay the debt.
You don’t pay taxes on the negative equity just the money factor which is like $18 a month. Also, you still get the tax relief on your trade in amour. Somehow even though it’s negative.
What state are you in? In general anything you capitalize is going to be taxed
You’re gonna have to cite sources for this. State/Federal tax code.
I was always under the impression you pay taxes on anything capitalized.
There are no sources. You’re taxed on it.
Took literally 2 seconds: https://www.state.nj.us/treasury/taxation/mvleasetrans.shtml
" * The portion of the lease payment attributable to the payoff of a prior loan on a trade-in vehicle (negative equity) is not included in the tax base."
I can read; thank you.
Did not know you were from NJ. Regardless, it’s still smarter to pay off the negative equity regardless since it’s a debt you owE and something you’ve continued to grow over time and multiple cars.
Still doesn’t stop it from being a bad deal.
No doubt financially. I literally never said it was at any point. Just, to me, it was worth spending $18 a month to keep $9,000 in my pocket.
Goal was to get the car I wanted and be clean on my negative after 3 years while driving a pretty dope car so that’s what I did.
Understood. Have you considered actually tying up 9800 for MSDs? The return is pretty high doing that, I know you don’t want to lose that liquidity, but it sounds as if you don’t have a problem with making money in the first place.
