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      06-18-2018, 10:24 AM   #23
bailyhill
Private First Class
United_States
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Drives: '20 X3 30e
Join Date: Jan 2016
Location: NorthEast

iTrader: (0)

Buy or Lease?

I too have leased our last few cars. I have an X3d, and 328D and an i3 REX. All leased. Our lease on the 328D is coming up. When we leased it, my wife was doing lots of hiway driving, and it was a perfect choise. Right now, we don't need that, and the X3d will fill that need. I am considering buying a cpo i3--I only need a city car, and moving the i3REX up to my wife. So it seems like $18k for the CPO vs $392/mo for a new i3(less $69/mo for mass incentive) might be a good deal. I would also expect to operate the i3 bev/cpo for many years to come, so its almost break even for me. I would always expect the i3 to be worth 5-10K$, so the 3 year cost of BEV might be less than a lease. I really don't care about more range, as my daily commute is really only about 10 steps, and I work on an island, so 10 miles takes me from one end to the other. I went 44 days last summer with one charge on the battery. So for my forseeable needs, cpo might be the way to go.

For me, I also support science and have lots of $$ invested in a private observatory, so want to save some of my money for that purpose. Love driving BMW, but its not my passion. If it were, I would be driving an i8 or Tesla.

For the OP, you may be on to something. While most the comments about leasing are appropriate for many, there are cpo purchases that may make as much sense for the buyer and his needs.

Bailyhill
__________________
Current: "17 i3 REX; X3 30e
History: '67 911S, '72 MB 280 SE 4.5; '74 2002, E21 ('78 320i, E28 ('85 535i) , E36 ('90 325i), 6 Volvos; '14 ForTwo eDrive; '15 i3 REX, F31--'15 328 D Sportwagen; F25 LCI '16 X3 D
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