Lease on 3.0si? Is BMWUSA accurate?

[Texas5]

Originally Posted by gresch

You say i have a fundamental misunderstanding of leasing and then agree with what i said, make up your mind.

.........

Regarding your statement of "leasing is not renting it's repackaged financing", here's a link for you

Lease vs Buy? Car Leasing versus Buying Explained

Sorry gresch, not trying to give you a hard time, but I never agreed with a word you said. Your math doesn't work. Are you saying you're glad you kept your down payment money so you can now earn 1% (or less) in a savings account when you could have saved yourself 4% or more in lease interest??

And here's a direct quote from that rebuttal link you provided...

"Leases and purchase loans are simply two different methods of automobile financing. One finances the use of a vehicle; the other finances the purchase of a vehicle."

...which is what I originally said.

This is why dealers love leasing - there's so much confusion about it that it's easy to insert the "stupid tax" (as alewifebp calls it).