Dmax
Distinguished Member
- Joined
- Mar 10, 2006
- Messages
- 1,289
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3 series are for kids - I can't take seriously anyone over 30 driving one. SLK is a woman's car.
Excellent question. In my saner moments I think I should keep what I have because I put so many miles on a car. For at least the next 3 years or so I'll likely have a massive commute that will eat up a car. This really argues against something at the higher end of my price range since it's going to be a 100K car by the time I get rid of it in 3 years. I've actually considered going with a 3 year lease with extended mileage (22K/year or so) for this reason, because I'd probably be looking at changing again in 3 years. I should probably just keep what I have a while longer...but I want one...
Just wanted to let you know that most German manufacturers don't want to lease a new car to you for more than 36 or 39 months and they certainly don't want you to drive more than 15k miles per year. If you look at the manufacturer set residual values and money factors, aka lease interest rates, the lease gets extremely expensive after 36 months/15k miles year. You may be able to pre-purchase extra miles on a lease in advance but I don't think they will be cheap. It may be less expensive to take advantage of 0.9-2.9% financing and buy the car outright. Leasing a used car is usually a very bad deal with payments similar to what you would pay for a comparable brand new model.