E60 Discussion Anything and everything to do with the E60 5 Series. All are welcome!
View Poll Results: How do we finance our beloved E60?
Cash, fully paid outright
34.04%
Bank Loan
31.91%
Lease
29.79%
None of the above
4.26%
Voters: 94. You may not vote on this poll

How do we finance our beloved E60?

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Old 03-30-2005, 04:41 AM
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its always better to buy anyway... i'll put down half cash and pay off the rest over 3 years
Old 03-30-2005, 06:07 AM
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Originally Posted by m630' date='Mar 30 2005, 08:41 AM
its always better to buy anyway... i'll put down half cash and pay off the rest over 3 years?
[snapback]108647[/snapback]
Lease. Only way I could convince myself to get one of the first ones: the option to change my mind if it ended up being a POS. Fortunately thus far not the case!
Old 03-30-2005, 11:34 AM
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Originally Posted by Bunbun' date='Mar 30 2005, 03:42 AM
Just curious to know the breakdown?
[snapback]108562[/snapback]
Cash Only

Ching-Ho Cheng
Old 03-30-2005, 11:37 AM
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Lease - Company car. Also, only a 30 month lease - hopefully M5 then!!!!
Old 03-30-2005, 11:41 AM
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Cash - though at the expense of putting less equity into the house. Mortgage rate is much better than any kind of personal or car loan.
Old 03-30-2005, 12:19 PM
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Originally Posted by BMWFan' date='Mar 30 2005, 03:37 PM
Lease - Company car. Also, only a 30 month lease - hopefully M5 then!!!!
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Almost the same scenario here except it's a 36 month lease but going for the M5 after that!
Old 03-30-2005, 07:59 PM
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Originally Posted by DXXXi' date='Mar 30 2005, 03:41 PM
Cash - though at the expense of putting less equity into the house.? Mortgage rate is much better than any kind of personal or car loan.
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Me too. Although I paid half with real cash and half with cash I took out of house equity. In the US interest paid on loans against your primary residence is a tax deduction.

Nick
Old 03-30-2005, 08:34 PM
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Moved 10 kilo's of blow up from Miami to New York... Cut it, baked it, and had three crackheads pushing my rocks across the city...

Still wasn't enough, so I called my bank, put a couple, three, four grand down and financed it at 3%. USAA! Best bank in the country!
Old 03-30-2005, 08:41 PM
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Hey, I could pay cash on the next 5 Series iteration if you guys call your congressmen and tell them to give the military a cost of living raise! Tell them that BMW won't take food stamps for a down payment and Ruf needs thier support!
Old 03-31-2005, 01:14 AM
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Cash
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