Official X5 ///M Press Release and Pics(updated post 51)

[BGM]

Originally Posted by Imola.ZHP

Its not that old, but they also flooded the market with them in 2008 expecting them to sell better than they did...

I almost picked up a left-over 2008 e90 M3 with a sticker price over $78,000 on a dirt-cheap lease for somewhere just over $900/month. It would have been quite a bit cheaper too if I wasn't going to carry nearly $6,000 in negative equity into it.

Yeah, that $6,000 negative equity plus $300 more per month for a car which would be a lease, not a purchase, plus going back to school, plus things rocky with the SO that I live with, plus having crazy milage limits, plus beater being unreliable, etc, etc, etc. The negatives, or possible negatives outweighed the positive, and so now I've dumped some cash in savings onto the current car note, and am pinching every penny to pay it off ASAP.

When I finish my 4-year degree I should have a nice down payment on something CPO'd with an M badge, x5 or e90, or if leasing new isn't much more per month, I might go that route. Some frown on leasing, but if your going to buy a used car, why not buy from yourself? Thats how I look at a lease, sure, it might take you 8 years to pay off, but whats the difference in buying a 3 year old car and financing for 5? In the end you still have an 8 year old car, and if thats the only way you can afford it, at least you enjoyed it all 8 of those years...

/OT

Why would you want to have payments for 8 years ?