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Entry Level Luxury Performance Sedans

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Comments

  • dino001dino001 Tampa, FLPosts: 3,427
    So for 14400 (10k miles a year ) you can get a tsx for 3 years.

    Then drive to your friend's house, show it to them, then go to the park, snap a few pictures in a nice scenery, then you park it in your garage and take a bus to work. ;)

    I rest my case.

    2012 BMW 328i wagon, manual and sports package. No. sold in the US: 1. Probably.

  • sweendogysweendogy Posts: 1,052
    edited February 2012
    Well said, I have a 07 g35x which I bought new and has 30k miles - have some good fun snapping pixs in a car I own- and the 3 year lease at 10k a year would have fit me well. So what's your point ? You can Taylor a lease to meet your millage needs, most of these cars have excellent residual values after 3 years I'm sure the extra 2k miles won't cost that much per month. You rest your case- ok great. Point is may people who can't throw down 20-30-50k for a car can actually get the car they want. Sure they pay for depeshiation - but so do hey people who buy cars as well. Can't wait for flightnurse response - "leader adds, I got a BMW with m sport for 10k under sticker, lease would of cost me 15k more over 4 years, experimental dealer sale, blabble."
  • flightnurseflightnurse at 35K feetPosts: 1,523
    Sweeny please do not put words in my mouth. For the record I like leases and for only certain people. I'll give you an example, my sister doesn't drive much, she wants a new car every few years, she can afford the payments. She leased a new CTS last year, got a great deal. $800 out of pocket and $499/m for 3 years, she gets 10K a year for mileage, however she doesn't drive much, about 8K year, so a lease was perfect for her.

    A lease is not good for someone young because 1) the mileage restriction on leases (however you can negotiate increase mileage into lease payments.) 2) leasing its for everybody.
  • flightnurseflightnurse at 35K feetPosts: 1,523
    Sweeny you have a real problem, my BMW was not a ad leader, most ad leaders are stripped down cars, just like the G37 that is advertised this past weekend in Phoenix, two infiniti dealers (btw owned by the same company) had a G37 Journey for $34K or $299/m with $4500 down and 10K/yr mileage.
  • sweendogysweendogy Posts: 1,052
    I love when you say leader add, or ad leader it's great.- all the examples I Have used on leases are from company websites- no where else, not dealers or anything from a local news paper, no local dealers, the actual companies deals. Let's end the leader add agrument as we have proved you are really keen on pointing out. No one said your BMW 328 m package or your 535 that your partner just ordered is a leader ad, but some here have questioned your experimental dealer story you told, I Have not mentioned it was a leader ad situation, so I don't see my problem. I have questioned why you and Dino are quick to shut down leases - when infact the company you bought a car from leases 50% of those same cars.
    Again your sisters story, while long, is a great example of a lease that worked for the user- and I was pointing out to the new poster this might be a way to go. It's a situational thing, some people cant afford to buy a new car every 3 years but can afford to lease those same cars.
  • tlongtlong CaliforniaPosts: 4,695
    Leases allow you to get more far with the least amt of money Per MONTH. Leases in the long run tend to be more expensive. For those who can deduct (business owners) or those who want new wheels every 3 years, leases MIGHT make sense. For those who keep their wheels a bit longer or want the lowest overall cost, leases make no sense at all.
  • nyccarguynyccarguy Stamford, CTPosts: 7,093
    Flightnurse hit the nail right on the head. Too many people use leasing as a way to get a cheap payment on a more expensive vehicle. So many people DO NOT understand leasing, but do it using a big capitalized cost reduction & paying the taxes up front (both big no-nos) in order to get a less expensive car payment. Notice I didn't say cheap.

    Leasing is more expensive in the long run absolutely. Some lease for business purposes. I can tell you 1st hand that my accountant said it is easier to "write off" a monthly lease payment than it is to depreciate the value of a vehicle on a yearly basis.

    Pretty much all of the ELLPS leases I see advertised in the paper are for 10K per year. There's even a Mercedes Dealer that if you read the fine print gives a whopping 7500 miles per year. A lot of people do take these 10K per year leases & go over, but there are people who like to lease a nice new car every 3 years to drive back & forth to the train station.

    Kyfdx once perfectly said "leasing should be looked at as an alternate way of financing.". So true. If you can afford to pay cash or the 60 month car payment on whatever ELLPS you like, but an inflated residual or super cheap money factor that makes your payment a lot less expensive and you can live within the mileage limitations, than go for it.

    2001 Honda Prelude Type SH/ 2011 BMW 328xi / 2011 Honda Pilot EX-L w/ Navigation

  • flightnurseflightnurse at 35K feetPosts: 1,523
    Sweeny, first off for the car to be "considered" a leader car it has to be advertise, my 328 was not advertised. Second, we haven't ordered our 535, again not a leader car, not too sure how a car that hasn't been built is a leader? Explain that one....

    BTW, Audi has a great lease on a A8, $8500 down and payment of $1199/m I didn't catch the mileage restriction, figured you like to know that.
  • sweendogysweendogy Posts: 1,052
    I'm out on this conversation - here is what I learned- a lease is not for everyone, but could fit some, but be smart about it. No one understands leader adds more then flightnurse, in fact I think he might have created the ter along with "experimental car sale." guy asks for options about how he can get into the ELLlps- and we get off track. Do you think we will ever hear from that cat again?
  • oac4oac4 Posts: 2
    I have a question to post for help and apologies that its not an entry lux sedan... On the dedicated MB forum, its pretty dead whereas this is a very active forum... Hence my posting it here. Will appreciate all comments regardless :)

    I have a 25K budget and wants a used SLK55. For that budget, what I can find are high mileage non-CPOs (70K+ miles) but fuly loaded, of course, as most SLK55s are. I am about to pull the trigger on an '05 model. Clean, drives perfect, but from a private seller, so need an MB mech check out before I sign.

    What should I worry about this car? Always wanted one and now very excited to have found one at my price and hoping it is "the one"....
  • fedlawmanfedlawman Posts: 3,118
    "What should I worry about this car?"

    The cost of maintenance.

    I hope you have deep pockets and a good mechanic...
  • flightnurseflightnurse at 35K feetPosts: 1,523
    Have VERY deep pockets and ask these questions in the MB forum, there you will have people who have more knowledge of that car, or do a search on the net for a dedicated MB forum.
  • graphicguygraphicguy SW OhioPosts: 6,892
    oac....ypu're on absolutely the right track. New, that SLK55 was expensive. You're buying a used one. Good call on having a MB tech look at it.
    Let us kniw if it works out, along with the deal details.

    Good luck!
  • oac4oac4 Posts: 2
    The car is in an MB shop for a top-to-bottom inspection (per-sales) today. Keeping fingers crossed on what they find. If everything checks out then it's a go for me. I really want a roadster to add to the stable. I know it won't come cheap to fix, but what the heck... you only have time to enjoy life and all of your hard work... so just do it...
  • sweendogysweendogy Posts: 1,052
    enjoy brother-- good luck--
  • sweendogysweendogy Posts: 1,052
    today in the parking lot i saw a manual 328xi sports wagon with the M sport package-- pretty cool looking rig for a wagon -
  • flightnurseflightnurse at 35K feetPosts: 1,523
    How does it look differently then a regular wagon?
  • sweendogysweendogy Posts: 1,052
    Now I didnot see the front end - but the bar has the cool sports dam underneath the trunk- it also had a body colored rear spoiler - M badge on steering wheel and stick- plus the black was a dark- wonder if was the standard black or the 800 dollar option- i had no idea the wagon could come with the m pack and awd
  • flightnurseflightnurse at 35K feetPosts: 1,523
    You can get it in a 6 spd manual too.
  • sweendogysweendogy Posts: 1,052
    I mentioned that above- I think that's pretty cool.
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