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      03-16-2020, 03:25 PM   #4
BroxigarZ
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Drives: Tesla Model 3 Performance
Join Date: Mar 2020
Location: ATL

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Quote:
Originally Posted by arijaycomet View Post
Just a few months ago I was in a similar situation as you, but I also had a trade (SUV) that made a lease take-over not viable. That said, I wanted warranty, and a CPO made the most sense. I'm now making payments on a 2016 BMW i8 in Frozen Blue over Cream. It currently has 25,000 miles. Factory warranty till 9/2020 and then CPO till 9/2021 -- so similar to the car you're talking about. Similar price point, too!

My driving needs make leasing difficult, too--- I tend to do 12-15k per year. Ive already put a few thousand on the i8. I'd personally say a loan makes sense, plus I think a 2016 is a good price point right now--- I think they will still lose value in the next few years like any other car, but the BULK of their deprecation is likely complete/over. That is my take, anyhow.

FWIW, my business (manufacturing) is taking a dump right now (coronavirus) and I'm seriously contemplating exiting my BMW i8. My price would likely be ~$5k less than the $72k you talked about -- if you want more details PM me, we can talk. I'm up in Ohio-- not horribly far away.
I'm not sure I would do it for $72K, I'd have to get it well below that. The 2015's are going in the mid 50s retail. Meaning trade in value on the $72K would be $48Kish thats a massive depreciation hit over 1 year. I'd want it closer to $65,000 OTD if I went for it.
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