Lease vs Buy in this chip-shortage market
Hi All,
I will be looking to lease/buy my first new BMW ever, an M550i, in the next 6-12 months.
I originally planned on leasing the car with the option to buy, but with the chip shortage sending prices higher with no end in sight for the next 1-3 years, I am trying to figure out if I need to call an audible and Buy (vs. Lease with potential buy-back).
My rationale is 2 parts, 1 that actually doesn't have to do with the shortage, just has always been in the back of my head:
1. Chip shortage creates a low supply of late-year M550i's after a 3yr lease, therefore more valuable.
2. Late-year / G30 M550i's will be sought after compared to the somewhat less attractive, potentially hybrid-only 2024's.
I am looking to ask the more experienced audience here what they've seen with late-generation leases, if there are any patterns I should be aware of.
What would you choose in my situation? Do the residuals potentially track those reasons, or any others? Etc.
Thank you
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