Quote:
Originally Posted by 320icar
Wrong. After the lease you don't own shit! You'd then have the option to buy out and purchase the car after the lease for another lump sum. With the Acura, you pay less AND own it afterwards. How is that not the better option
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I would like to add to this.
During and after the lease, you own nothing as the leasing company owns the vehicle (i.e. BMW Canada or Acura.) The vehicle is not an asset to you throughout the lease. One way to see it is that the vehicle is a liability as opposed to an asset.
OP may also want to consider cost of ownership and depreciation values of both cars. Take a look at equivalent models within the past 5 years on the used market (both dealership and private) to get a better idea of what to expect. Only you can decide what is more value to you. For all you know, you may really like the BMW or you may hate the Acura after 6 months.
More so, take a look at BMW and Acura's financial programs. I haven't looked, but some manufacturers offer flexible programs which allow you to do balloon payments, thus reducing your interest payments and overall costs. I believe Mercedes Benz and Lexus offers these options.