Lease on 3.0si? Is BMWUSA accurate?

[tcn2k]

For RavenHeart and Penguin,
Why would anyone in their right mind put money down on a lease and dumb enough to pay a lease up front. If you are paying up front, considering just buying the vehicle.

Never give you hard earn money to anyone, especially if you lease. A lease is basically rental. Keep you hard earn money in the bank. Another scenrio is if you lose your job and can't make payment, they take the car back and you'll have a hard time getting your deposit back.

ECONOMIC 101 people!

[ravenheart]

I dont know how putting money down on leasing has become so misinterpreted. I suspect it comes from the widely accepted and uninformed belief that leasing is something invented by satan? How people get so narrowminded as to calling it dumb is beyond me.

There are a plethora of reasons to put money down - people just have to look at their situation when faced with the options and make the right choice for them selves.

[Penguin]

Originally Posted by tcn2k

For RavenHeart and Penguin,
Why would anyone in their right mind put money down on a lease and dumb enough to pay a lease up front. If you are paying up front, considering just buying the vehicle.ECONOMIC 101 people!

I know virtually nothing about leasing, as I think leasing is unwise in the vast majority of cases; however, I am quite knowledgeable about Finance. My assumption was that if you gave them money up front, it would not be a prepayment of payments, but a reduction in the principle on which the lease payments were calculated. So that's not the case?