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Any finance majors? Lease expires in 1.5 years. Better to purchase now?

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YOUR RESEARCHAny finance majors? Lease expires in 1.5 years. Better to purchase now?

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Clean too, and black/black

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Suggestion · Original poster
Your car looks very clean too, and black/black.
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Any finance majors? Lease expires in 1.5 years. Better to purchase now?

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Leading evidence: 'Clean too, and black/black' (no explicit attributable resolution; this is a reported action or suggestion). Across 1 matching discussions, The most frequently discussed action is 'Clean too, and black/black' (1 discussions). For that action, 0 discussions report a resolution and 0 report an unsuccessful attempt. No action has an explicit, attributable resolution report under the current rules. These are forum reports and suggestions, not a confirmed diagnosis.

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Use other 18k you don't have

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Suggestion
depending on the year of your P and if you want to keep it in the end or use the other 18K you don't have to pay on this P for the down payment on your next newer P....
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Any finance majors? Lease expires in 1.5 years. Better to purchase now?

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Clean too, and black/black

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Suggestion · Original poster
Your car looks very clean too, and black/black.
Original post Read captured discussion
Any finance majors? Lease expires in 1.5 years. Better to purchase now?

Use other 18k you don't have

No successful repair reported for this finding.

0
Reported fixes: 0
Unsuccessful attempts: 1
Discussions

Read evidence and context

Discussions that contain suggestions: 1

0 original-poster resolution reports. Counts can overlap; they are not unique people or a success rate.

0 discussions have direct query context; 0 report a fix in that context. Other evidence may inherit the discussion’s subject.

Suggestion
depending on the year of your P and if you want to keep it in the end or use the other 18K you don't have to pay on this P for the down payment on your next newer P....
Original post Read captured discussion
Any finance majors? Lease expires in 1.5 years. Better to purchase now?

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POST 1 / ORIGINAL POSTEROriginal post

I have about 1.5 years left on the lease on my Carrera 2, which I pay about $900/mo. The pay off is approximately $38,000, and I get the pinkslip. Given this situation, is it not better to purchase the car outright at $38,000 rather than paying lease or rent payment which $16,200 still needs to paid monthly? Thanks, in advance, for your input.

POST 2Original post

depending on the year of your P and if you want to keep it in the end or use the other 18K you don't have to pay on this P for the down payment on your next newer P.... I bought mine...but normally lease all other cars and give them back after 2 years...and get something else (new, other)..with the P I thought I would love it for a long time and purchased it....got I for a little over one year...and am still in love.

POST 3 / ORIGINAL POSTEROriginal post

Mine is 01 black/black tip with only 22K miles. Regardless of whether I want to keep it after the end of the lease, it seems making lease payments for another 1.5 years is a waste when I can just make payment towards the purchase price of $38,000 even though the payment will be higher. As with other P owners, my car is always garaged, rarely left out in the sun. Interior is like brand new, so I don't mind keeping it. I just wish that mine was 02 or higher, so that it would have that newer headlight look like yours. I might do a 02 headlight upgrade if the cost isn't that pricey. Your car looks very clean too, and black/black. Those stores look like you're on Sunset Beverly Hills.

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