For my first car, I bought a Toyota Camry. 3 years later I sold that car and I am leasing a BMW series 3. My lease will expire early next yr and I am thinking getting the X3/X5, do you recommend leasing or buying?
Personally by far I think the leasing option is a scheme. Of course the dealer/manufacturer will want you to change cars every 3 yrs so they can make more $$. Each time I walk into a dealership the sales will always eventually try to talk me into a lease. I think it must be that they know this is the scheme or even they have been brainwashed. They have every reason/excuse for you to do a lease.
The reason I don't like the lease is if you just lease a car for life you will end up paying for a car for the rest of your life. You can never pay off a car that way. I understand that by the time when my lease ends, I have the option to buy it, but now I have realized that the car value is way under the payoff quote, even given the condition is great and it only has 15k miles on it. Thoughts?