alexplantman

Has anyone leased their 2011? Typically American cars s.uck for leasing due to the heavy depreciation.. but figured I'd ask... I am entertaining trading my 04 in... and my choices at this point.. yeah get ready...

BMW 328 lease
Mercedes E350 CPO - would be a used purchase, 2008+
Mustang GT 5.0

I kinda miss the nice ride of my former E320... while I adore the sound and torque on my GT, I just want a change...The reason the though of change came about was that I drive about 20K miles / year.. so by the time I blink, when I buy a 30K mile used car (as I did with my GT and the prior 2-3 cars) I am at 90K - 100K miles.. and the problems arise (I had a $1K repair bill on the GT last week)...

I can't afford an M3 nor a CTS-V... so the 2011 GT would be my option, but do NOT want to end up paying the same payments I can pay for a BMW or Mercedes ($600-$700 / month) ...NOR do i want to be upside down in 2-3 yrs , hence the leasing option ..

Thoughts? What are you paying on your Mustang Leases, if even feasible?

JIM5.0

I have not heard of any dealership offering the 2011 GT as a lease. I think it is by directive from Ford themselves saying that the '11 GTs can only be sold, not leased.

I could be wrong though.

07GrabU

some have leased the 05-09 models. And then modded the hell out of them, which makes absolutely no sense.

JIM5.0

ROFLMAO!

That is stupidity, hands down. Maybe these idiots plan to actually buy the car at the end of the lease term.
But I cannot think of how anyone comes out ahead leasing and buy at the end of the term. Leases are so set up to screw you over if you do that. It is always cheaper to simply buy the car outright from the beginning.

GT Premi

Go w/ the GT. You'd be crazy to choose a 328i over a Mustang GT!

siggyfreud

Wait and and buy a used 2011. Let somone else take the hit. Leasing is throwing your money away. Buying a car is a bad investment. Leasing is worse.

alexplantman

Cars are not investments, we all know that, lol.. It's a depreciating asset. When I got my GT 3 yrs ago, was to just pay it off and keep it as a weekend toy, until my 14 gets his drivers license in 2 years (NOT for his daily driver, lol)... I figured it be a cool weekend toy for us to tinker with etc..

Unfortunately my "parasitic cun.t of an ex wife" has cost me an arm and a leg this year in legal expenses...and that plan was scratched.. Car now has 90K miles, just spent $1K for the a/c repair... and obviously stuff is going to start wearing away and needing changing.. I drive about 25K miles / year..

So the next option is just lease and trade in every 3 years, right as the car is reaching it's "high mileage" point.. The stress that it costs me when it breaks down is not good.

I'm at the "entertaining" stage at this point...so we'll see.

I agree with one of the other posters, my choices are not in the same ball park, not comparing apples to apples... Each vehicle is very different than the next in my choices.. but that's a choice I'll have to make when the time comes.. but I don't see myself driving this when it's over 100K miles and I won't be able to afford to pay it off and just park any longer...

We'll see..

btw, siggy, I just clicked on your link and read the story of your rebuild, interesting..

alexplantman

WAIT!!!!!!! Your sig says BMW 550!! LOL... wish I could afford both as you, but not happening now, lol..