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Lease up in May. Decision process has started.
Really trying to decide what to do.
a. Buy my car at lease end (it will have approx. 28K miles). Buyout is $40 something. b. Lease a new 3.5i Sport Activity c. Lease a new 3.5d It is unlikely I would go with another v8 due to the fuel consumption, the fact that to replace my car it would sticker for $76K, and the fact that from what I read, the 6 feels a lot like my 4.8. Anyone else go through the same process? |
28k miles is really nothing. But, if you want the updated look and options then go for a new one, either diesel or petrol--i'd get sport package to keep the look that u currently have..
you should compare what your EAC is for each option and then decide what you want to do.. well unless $ is not really a problem for you |
Your buyout isn't necessarily the same as your cost. They may be willing to deal, unless they have a real shortage of three year old v8 models on the lot. If you like the vehicle, and want to buy it out, look into how to do it for the lowest cost.
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Part of why the decision is difficult is that I indeed DO like the vehicle a lot (except for the tranny issues). There is nothing out there that I'm really interested in other than another X5. I might drive the Cayenne but I'm not sure how I like the new design and the pricing is outlandish given what you get for your $$. If we didn't have 2 kids and didn't need the versatility, I'd likely take a real hard look at the new 5 series sedan.
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If I were you, I'd surely also take into consideration that your naturally aspirated V8 doesn't have one of the high pressure fuel pumps that are STILL giving people problems. If I'm not mistaken, ALL of the new X5 engines come with HPFPs because they are all turbo. I love the new X5s and don't think you could go wrong with any of the engine choices but the ongoing fuel pump saga would be enough to make me think twice (though it wouldn't necessarily be a deal-breaker). As long as you like your current vehicle and the tranny issues you mentioned aren't anything too major, then I'd definitely consider keeping it, especially considering that it has relatively low miles.
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OP- if you buy you current ride, find a dealer that will do a "CPO/Refinance" for you as part of the deal. It will let you get the CPO warranty for probably $2500 as part of the deal- as JCL points out, you can often purchase for less than the stated 'lease buyout'. Be a bit cautious with what you tell the dealer about what precisely you are looking for...if you say "I might buy the lease or maybe a new car" you can be sure the lease path will be unattractive compared to the new one. Possibly. A |
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Good advice by JCL & ard, as usual...
the very low current mileage, the remaining oe warranty, and the possibility of a deal, including wrapping a CPO into it, make the car 'you know', (and depreciated), an interesting consideration, imo. As for tossing current V8 to 'save gas cost expense', do the simple arith and it rarely makes sense, vis a vis the new car cost, etc. Regardless, May is a ways off... GL, mD |
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