Out of curiosity, do most of ya'll that have recent year luxury vehicles (Audi, BMW, Mercedes specifically) in this thread lease? Or did ya'll finance?
-Drew
I would say from experience and from most of the people I know.... Lease
When it comes to Luxury vehicles and their depreciation...most lease to avoid being under water down the road/yet have a dope ride.. This is not the case with all vehicles tho...some cars do hold their value quite a bit.. For example.. Some M3s...and Definitely the M4 will hold their value quite high imo. If for some reason I am wrong and 3yrs down the road they are worth crap I can simply get something different and not take the hit
If I see the value being pretty steady, I can always trade it in somewhere and cop something else.. It is a Win Win for me.
Lexus surprisingly did drop in value quite a bit even considering the killer deal I got. I was very disappointed.. But at the end of the day LEASE transfers to exist and you lose nothing but your deposit unless you can negotiate that with the new lease applicant to be paid... there is a lot of ways of breaking even and not losing a penny. You just have to be patient and take the time to gather up information. The more educated you are in this, the more it will save you monthly and long term.