Need advice : buy 05 535 at end of lease or upgrade?
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Joined: Oct 2004
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From: Jacksonville, Florida, U.S.A.
My Ride: 2005 530i jet black, NAV, premium, automatic, xenon
My lease runs out in November 2007 and I planned to buy the car at the end of the lease term. Now I am considering getting a new car (definitely a 5 series) at the end of the lease term. One reason I may buy the leased car is that in a couple years I expect there will be a body style change and I would rather hang on to the 2005 model i have and gain some equity while I wait for the new model. Any advice is greatly appreciated.
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Joined: Oct 2004
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From: Los Angeles. CA
My Ride: 2004 545i 6 spd Sports Package | NAV | PDC | Logic 7 | BT retrofit | SW V13.3
Originally Posted by g8r' post='420030' date='May 1 2007, 08:02 PM
My lease runs out in November 2007 and I planned to buy the car at the end of the lease term. Now I am considering getting a new car (definitely a 5 series) at the end of the lease term. One reason I may buy the leased car is that in a couple years I expect there will be a body style change and I would rather hang on to the 2005 model i have and gain some equity while I wait for the new model. Any advice is greatly appreciated.
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Joined: Sep 2004
Posts: 2,074
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From: New York, NY
My Ride: '05 545i - scheduled for ED pickup in Munich on 7/22!
Originally Posted by Hormazd' post='420055' date='May 2 2007, 12:08 AM
Gain equity? Its a car, it will depreciate and even more so when a new body style comes out.
also, there will always be something newer/faster/shinier that is about to come out. get whatever makes you happy.
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