Upgrading my car to a BMW X3 - which of these 3 options make sense? Leasing the car, buying outright from an auction or finance the car? Thanks in advance 🙏🏽

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Lease BMWs

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BMW has great lease deals, especially if you travel and only drive on weekends. Probably going to go that route myself.

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You need a specific type of certification/license to buy from an auction just FYI!

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Buy 1 year old car,

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*following. On the market for a 4-series and considering the same options.

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Lease. Nice car I'm looking into an X4

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As someone who recently ended their three year lease on an X1, I would say wait until you can buy certified pre-owned (not necessarily BMW). Just better over time.

Right around now there are good deals, especially near month end.

However, if you wait until December/first week of January, all the dealers loaner cars need to be sold. Often there are between 5-7k miles on it, but about 10% knocked off market price. Also, depends on what season you are in your life. I don’t see myself ever buying a BMW. Lease maybe, but to buy it is a hard no. Very expense maintenance and I HATED my run flat tires.

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I financed mine. Living in Texas leasing does not make sense at all! If you’re in a city were everything is close by then maybe leasing. I do get rid of my cars after the warranty expires and only buy certified pre-owned

Just leased an X3 last May and love it. Go for loaner vehicles. Same warranty but much lower price. Sadly going to have to get rid of her when I move in a few months.

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Don’t lease

Buy used, find one that the dealership picked back up from a former lease. It is a known fact that BMW’s depreciate like bricks. I currently drive a 2013 E92 328i. I bought it used at 60k miles for 13k in 2019. The sticker price for the car was well over 50k. 6 years and the car is worth 1/4th the value, nuff said. Leasing is for chump, buy it used, the models haven’t changed from 2014 to now anyways

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Don’t waste your money on ICE. Those will be outdated at a much faster pace. Please get a Tesla instead.

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Bought an X3 a few months ago and love it. Purchased a service loaner with <5,000 miles which took $10k off the sticker price. They considered it new, not CPO, so got the original factory warranty, 3 years free maintenance, etc.

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Just like buying a hummer 10 years ago. Lmao

Did you see the new hummer thou?

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