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.
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.
Yeah i LOL’d pretty hard at that comment. IMO, I think people just come up with BS excuses and convince themselves of their validity in order to validate poor financial decisions.
Better to just say ‘we’re sick of the Q5 and want something else’.
