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11-21-2023, 08:21 AM | #1 |
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Might finally gravitate away from BMW
Every car Ive ever had for the last 12 years that Ive been driving have been BMW’s but seems like I might finally have to step away.
The reason is Ive been eyeing an electric and Lucid has very appealing lease deals. I took a look and a Lucid Air Touring with 0 down would be $1547 a month for an 18 month lease! Thats sweet as hell to have a car for 18 months instead of the usual 36 months and thats also with 15k miles per year. After that I can come back to BMW lol. This lease would be slightly cheaper then Im paying for my 2021 X6M comp |
11-21-2023, 08:25 AM | #3 |
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$30K to drive a car for 18 months. Hard pass. Jesus.
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11-21-2023, 08:40 AM | #4 |
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The only concern for Lucid is that the Saudis will cut off their funding and they will go bankrupt. I think you will like having the car itself though. I have loved my S Plaid.
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Car-Addicted8230.50 Gautam714.00 |
11-21-2023, 09:00 AM | #5 |
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A friend recently leased an electric Genesis GV60 sedan and I was surprised at the deal he got. They gave him free charging with Electrify America ( 3 years? I think other companies have similar deals), and then gave him an immediate $10k credit for an initial lease payment. Final price for the Genesis lease was cheaper than a similar Hyundai electric, and the Genesis is a much better optioned vehicle.
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11-21-2023, 09:03 AM | #7 | |
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If staying with BMW id prib go for ix m60 or xm depending how lucrative the leases are by April |
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11-21-2023, 09:15 AM | #8 | |
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Lucid Lost $430,000 For Every Car It Sold In Q3 https://insideevs.com/news/695176/lu...de-in-q3-2023/ I'm sure they will make this up in volume |
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tturedraider5640.50 PhaceN52177.50 |
11-21-2023, 09:29 AM | #9 |
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11-21-2023, 09:43 AM | #10 |
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11-21-2023, 09:48 AM | #12 |
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$1500 a month?
Glad I own all my cars/house. That's just insane. |
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11-21-2023, 09:55 AM | #13 |
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I can hear an argument for leasing new then buying out and driving a vehicle into the ground. We just did bought out our Stelvio today actually as the residual is laughably low given the value of the car. But handing the keys back every 3 to 4 years, i mean I guess each to his own and if one can afford it then go ahead but man, the numbers being talked about are eye popping.
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11-21-2023, 10:26 AM | #14 |
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11-21-2023, 10:39 AM | #15 |
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$1700/month isn’t a reasonable lease payment unless the car is over $200k, and even then you’d be a fool to lose $60k in 3 years on a car. Just go buy a 911 and drive it for 3 years and sell it for close to what you paid for it, then invest all the money you didn’t waste.
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11-21-2023, 10:39 AM | #16 |
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Paying $1.24 per mile sounds like a terrible deal to me. Before electric consumption, of course. If you can swing it, why not though. I'd pick something different for that type of money but what the hell does that matter.
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11-21-2023, 10:46 AM | #17 | |
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Just can't imagine wasting that amount of cash if you can help it. I have nothing to prove, I just want decent stuff at a decent price and new isn't it. |
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11-21-2023, 11:31 AM | #18 |
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$1547 is ~$200 less than what I pay mortgage on a duplex that generates $2500 in rental income monthly
0.o But if you've got the money, might as well burn it YOLO |
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11-21-2023, 11:44 AM | #20 |
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I know i sound like a Porsche shill but TBH that's where my head went just due to the lack of depreciation. Go find a nice CPO 991.2 and drive it 4 years and sell it for basically what you paid for it. But it's a compromise car not a comfortable sedan.
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11-21-2023, 11:52 AM | #21 | |
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11-21-2023, 12:20 PM | #22 | |
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