This one is bad too,
Takes true courage to own up to that. Expensive lesson, but I’ve a feeling his next lease will be much better
So $1700/month for an $80k 2024 X5.
$60,940 in payments in 36 months plus $3,000 down…sweet jesus that is insane how terrible that is in that X5
They could have financed it, TBH.
percent…paying $64K for lease on a $79K car is not logical…and having a residual between $38K-$41K depending on his mileage at the end and he is thinking about keeping it makes it even worse…
Does the $2,700 after $20k incentive get me rear foot rests?
“But I like to change my cars quickly”
Or
“I don’t want to take the resale value risk”
Beware. You’re about to be horrified in seeing how much someone is paying for a Toyota. Just imagine your sitting with the finance person about to sign and everyone is thinking all is well in the world. $2,879 for a Tundra. Good news though it’s zero down.
This is the better value. All that is required is the BMW transfer fee. You get to pay $66k over 22 months for a 760 you can lease for new for $1400/mo.
Apparently the truck is sold, too.
If I had to guess, it will live on as a part of other trucks in the near future.
As for the 7er. Clearly they didn’t get it from us.
Good ol’ Canada.
Alberta no less!
$46k car, $15.5k in random addons/protections, $ a fortune in interest, nets you $87.6k loan over 8 years?
But at least they declined the credit insurance…
IIRC, any ADM on new cars is banned there. It’s laughably easy to come up with other line items instead of calling it an ADM. Like $3,000+ for some glass products
$3.56/mile to drive a Tundra. Wow…