Hello, I'm new to this forum and just doing some homework. I'm interested in leasing my first luxury vehicle and in search of a great deal. just looking for information that can guide me along. zip code 90071
Welcome! Edmunds forums are great place to gather information for your lease. What I would suggest is, if your timeline to make a decision is short, ask pointed and direct questions. If you are still researching, read the forums that are for your target model (e.g. 2021 BMW X5 Lease Deals) as well as others since many questions that people ask are broader (refer to the model, brand and leasing in general). This is a good time to familiarize yourself with the terminology if you are new to leasing as well. I found many folks to be very helpful with questions, and the offers that others get (and the feedback they receive here on the forums) will give you a better sense of what's reasonable, and where might me potential savings opportunities (as you may know, dealers make money from various aspects of a lease). Good luck and welcome again.
Depends on how long you generally keep your car. Leasing is simply an alternative to a purchase.
The main advantage is that you end up with a lower payment, in exchange for a fixed amount of depreciation. But, you have to turn the car in after the lease term expires.
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The main advantage is that you end up with a lower payment, in exchange for a fixed amount of depreciation. But, you have to turn the car in after the lease term expires.
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