Pop up blocker for porn sites 
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I wonder if they’re selling it you at MSRP with marked up MF :P.
That’s a terrible deal on a 320.
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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. 
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I saw this one yesterday and didn’t quite understand why people were not giving him/her shit
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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.
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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
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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.
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There are no sources. You’re taxed on it.
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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."
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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.
I did consider that. Would give me like $52 bucks off the lease price and someone did the math that it’s like 6.3% return. Thing is i’m young and I like to make more like 20% return on the things I invest in so i’d rather have the cash to throw at a stock that catches my eye.
Also, I stated on the other post, I own a rental property so I like to have cash on hand in the event there is an expensive repair. Monthly income isn’t a problem for me, and I had to pay off the negative equity somehow and to me the extra $268 a month it added to the payment just made the most sense in terms of my financial flexibility, understanding it may go against the financial math.
Please let me know where we can make 20%+ return on investments.
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Obviously doesn’t happen on every stock lol! But i’m on a good run so. Anyway appreciate all the feedback.
When you’re 9k in debt, signing away 55k+ over the course of three years on a car that is not discernible from a 530i in traffic/highway driving, and your source of funding for such loan requires a 20% ROI, the entity cosigning this loan is called the Bank of Mom and Dad.
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