Should I lease a BMW? Before you say no, please read the details.?

A friend told me that when I lease a car it is actually worth it.

1. He said when you lease you don't pay the full amount of the car's tax.

2. At the end of the lease you can negotiate the price of the car, sometimes the price is lower.

Is this true? Should I lease the BMW? Or are there other factors I should consider?

Should I lease a BMW? Before you say no, please read the details.?norton internet security

"1. He said when you lease you don't pay the full amount of the car's tax."

- Depends on which state you live in. Some charge sales tax on the full value of the vehicle, while others only charge tax on the capitalized value of the lease.

"2. At the end of the lease you can negotiate the price of the car, sometimes the price is lower."

The purchase price at the end of a lease is called the "residual value" and this is negotiated up front as part of the original lease agreement. I suppose it's possible, but this presumes you're going to buy the car at the end of the lease (if so, why lease in the first place?) and that the dealer will be willing to negotiate (a big "if").

Dealers are going to make their money one way or the other. If they quote you a low residual value it's because they're charging you a higher monthly payment during the lease, and vice versa.