lexus vs bmw suvs
Intermediate
Joined: May 2022
Posts: 335
Likes: 26
From: NA
Not sure why I should care about your money or assets or why you lease and don't buy, but owning is still owning and leasing is still leasing. It's fine to lease, but it's different than owning.
Last edited by Sodbuster1; Nov 14, 2022 at 02:24 PM.
Lexus Champion
Joined: Aug 2006
Posts: 12,524
Likes: 265
From: Illinois
BMW oil changes are every 10,000 Miles, Your dealer was raping you. I have an M340i and oil changes at the dealer are $100. My Q50 Red Sport had $200 Oil changes though and they used the excuse "Mercedes charges more. " Complete non sense, outside of the free service I would go to Independent German mechanics that are a hell of a lot cheaper. Only downside is you don't get a loaner.
Lexus Champion
Joined: Oct 2019
Posts: 19,644
Likes: 3,747
From: California
Leasing cars are not for everybody, but for many professionals, leasing cars is the norm. There is always the option to buy it at the end of the lease, or move on. Some people just want a new car every few years, and this is one option, plus he writes the lease off as a business expense, so what's not to like about that? I'm currently leasing two electric cars because by the time my leases are up, the technology will be way better. Already from 2020, many electric cars have gone from 200 mile ranges to over 400 mile ranges. My wife's 2020 Ioniq EV (which is a 3 year lease) takes more than 40 minutes to charge on a fast charger, and has a 170 mile range. The 2022 Ioniq 5 EV takes 18 minutes to charge and has a 300 mile plus range. To me it's better to lease than to buy an EV, when I know in 3 years there will be advances in the technology. Unless it's a Tesla, any non Tesla EV I would only lease for the next 5 years
Last edited by AMIRZA786; Nov 14, 2022 at 02:32 PM.
Intermediate
Joined: May 2022
Posts: 335
Likes: 26
From: NA
Leasing cars are not for everybody, but for many professionals, leasing cars is the norm. There is always the option to buy it at the end of the lease, or move on. Some people just want a new car every few years, and this is one option, plus he writes the lease off as a business expense, so what's not to like about that? I'm currently leasing two electric cars because by the time my leases are up, the technology will be way better. Already from 2020, many electric cars have gone from 200 mile ranges to over 400 mile ranges. My wife's 2020 Ioniq EV (which is a 3 year lease) takes more than 40 minutes to charge on a fast charger, and has a 170 mile range. The 2022 Ioniq 5 EV takes 18 minutes to charge and has a 300 mile plus range. Why would I want to buy an EV, when I know in 3 years there will be advances in the technology. Unless it's a Tesla, any non Tesla EV I would only lease for at the next 5 years
Last edited by Sodbuster1; Nov 14, 2022 at 02:38 PM.
Lexus Champion
Joined: Oct 2019
Posts: 19,644
Likes: 3,747
From: California
That's just semantics. When you finance a car, buying or leasing, technically you don't own the car until you make the last payment or pay cash when you buy it. The finance company holds the title until such time you made your last payment. I know someone who had only three more payments, lost his job and had a hard time getting another one. Car was repossessed, sold at auction. I don't think he got a penny back
Lexus Champion
Joined: Oct 2019
Posts: 18,096
Likes: 1,740
From: Ohio
Invalid comparison. Lexus doesn't make any car of that level so you can't compare them, plus if you want to play that game how much is a Lexus hybrid battery?
Lexus Champion
Joined: Oct 2019
Posts: 18,096
Likes: 1,740
From: Ohio
An X7 and X5 ride and drive pretty darn close to a 7 Series or a 5 Series. They have more than enough capability for what the vast majority will do with them.
As an example, I was showing a house out in the country last week, it was on 67 acres. It was a long gravel driveway that forked off to what really was an offroad trail. In my S Class we had to park and walk 1/3rd of a mile back to the house. If I had an X5 or X7 I wouldn't have hesitated to drive up to the house. Then theres the extra row of seats in the X7, the additional cargo room, the higher driving position, the Section 179 accelerated depreciation for business owners, there are lots of compelling reasons to choose a crossover like that.
When you have two vehicles, you have to buy and maintain two vehicles and park two vehicles. I don't want 3 vehicles, so sure a luxury SUV like an X7 or Range Rover has a lot of appeal to me.
But its painful to drive around town, hard to fit in garages, trucky ride vs a unibody vehicle. Something like an X7 is a much better daily.
As an example, I was showing a house out in the country last week, it was on 67 acres. It was a long gravel driveway that forked off to what really was an offroad trail. In my S Class we had to park and walk 1/3rd of a mile back to the house. If I had an X5 or X7 I wouldn't have hesitated to drive up to the house. Then theres the extra row of seats in the X7, the additional cargo room, the higher driving position, the Section 179 accelerated depreciation for business owners, there are lots of compelling reasons to choose a crossover like that.
When you have two vehicles, you have to buy and maintain two vehicles and park two vehicles. I don't want 3 vehicles, so sure a luxury SUV like an X7 or Range Rover has a lot of appeal to me.
But its painful to drive around town, hard to fit in garages, trucky ride vs a unibody vehicle. Something like an X7 is a much better daily.
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Intermediate
Joined: May 2022
Posts: 335
Likes: 26
From: NA
It's not a hybrid battery. It's the vehicle's main battery. You can compare a Cayenne hybrid battery to a RX hybrid battery. Who says you can't compare? The base Cayenne and RX 350 are both midsized luxury SUV's. I compared...I guess I broke the rules.
Last edited by Sodbuster1; Nov 14, 2022 at 02:58 PM.
Intermediate
Joined: May 2022
Posts: 335
Likes: 26
From: NA
That's just semantics. When you finance a car, buying or leasing, technically you don't own the car until you make the last payment or pay cash when you buy it. The finance company holds the title until such time you made your last payment. I know someone who had only three more payments, lost his job and had a hard time getting another one. Car was repossessed, sold at auction. I don't think he got a penny back
Lexus Fanatic
Joined: May 2012
Posts: 68,466
Likes: 3,990
From: Maryland
Exactly, it just makes the most sense for me. If I bought cars and traded them every 3 years it would cost me way more money to drive the same car for the same time, makes no sense.
So since you only had those German cars for a short time your experience is limited and you don't know what you're talking about, using your logic. Do you not have any experience with the LC500 because you only had it a year and some change?
I would replace the car every 3 years or so whether I leased or bought, I just want a new car every 3 years or so.
Whether you own a car for 3 years or lease a car for 3 years, you've still experienced the car for the same 3 years. It just doesn't make a difference in any way other than in your head. Why would I want to spend tens of thousands of dollars more to drive the same car for the same period of time just to "own" it? That would just be foolish.
As for you not caring, you're the one who brought this up, so you clearly do care. You're gonna have to suck it up buttercup, cause I'm gonna say whatever I want. Its semantics.
I'd rather have my tens of thousands of dollars in savings, thanks.
I would replace the car every 3 years or so whether I leased or bought, I just want a new car every 3 years or so.
Not sure why I should care about your money or assets or why you lease and don't buy, but owning is still owning and leasing is still leasing. It's fine to lease, but it's different than owning.
As for you not caring, you're the one who brought this up, so you clearly do care. You're gonna have to suck it up buttercup, cause I'm gonna say whatever I want. Its semantics.
I'd rather have my tens of thousands of dollars in savings, thanks.
Last edited by SW17LS; Nov 14, 2022 at 03:16 PM.
Intermediate
Joined: May 2022
Posts: 335
Likes: 26
From: NA
Exactly, it just makes the most sense for me. If I bought cars and traded them every 3 years it would cost me way more money to drive the same car for the same time, makes no sense.
So since you only had those German cars for a short time your experience is limited and you don't know what you're talking about, using your logic. Do you not have any experience with the LC500 because you only had it a year and some change?
I would replace the car every 3 years or so whether I leased or bought, I just want a new car every 3 years or so.
Whether you own a car for 3 years or lease a car for 3 years, you've still experienced the car for the same 3 years. It just doesn't make a difference in any way other than in your head. Why would I want to spend tens of thousands of dollars more to drive the same car for the same period of time just to "own" it? That would just be foolish.
As for you not caring, you're the one who brought this up, so you clearly do care. You're gonna have to suck it up buttercup, cause I'm gonna say whatever I want. Its semantics.
I'd rather have my tens of thousands of dollars in savings, thanks.
So since you only had those German cars for a short time your experience is limited and you don't know what you're talking about, using your logic. Do you not have any experience with the LC500 because you only had it a year and some change?
I would replace the car every 3 years or so whether I leased or bought, I just want a new car every 3 years or so.
Whether you own a car for 3 years or lease a car for 3 years, you've still experienced the car for the same 3 years. It just doesn't make a difference in any way other than in your head. Why would I want to spend tens of thousands of dollars more to drive the same car for the same period of time just to "own" it? That would just be foolish.
As for you not caring, you're the one who brought this up, so you clearly do care. You're gonna have to suck it up buttercup, cause I'm gonna say whatever I want. Its semantics.
I'd rather have my tens of thousands of dollars in savings, thanks.
Name calling is for children. Tens of Thousands. I'm so impressed.
Lexus Fanatic
Joined: May 2012
Posts: 68,466
Likes: 3,990
From: Maryland
You still lease not own. Saying you own is not true. I can speak to Lexus Reliability as I have owned a couple several years. Other Lexus in my family have been around a long time. How long have you "owned" Mercedes? Get back with me in year 4-5. I'll be waiting.
Name calling is for children. Tens of Thousands. I'm so impressed.
Name calling is for children. Tens of Thousands. I'm so impressed.
If you want to waste money, thats fine. Not interested in impressing you, I just don't care about semantics as much as you do, and certainly not more than money. You seem to think you "owning" cars should impress me and it doesn't.
Intermediate
Joined: May 2022
Posts: 335
Likes: 26
From: NA
I actually currently own a Lexus with 220,000 miles that I have owned for 19 years. But, very impressive you've had a couple for "several years". I won't know how my Mercedes is in year 4-5, I will have a new one. But, from what I've seen with others that own them I think it will be fine. Even if I were to keep it and had to pay some money to maintain it at 4-5 years old I am happy to do that to drive such an excellent car. I'd rather keep this for 250,000 miles than get an RX.
If you want to waste money, thats fine. Not interested in impressing you, I just don't care about semantics as much as you do, and certainly not more than money. You seem to think you "owning" cars should impress me and it doesn't.
If you want to waste money, thats fine. Not interested in impressing you, I just don't care about semantics as much as you do, and certainly not more than money. You seem to think you "owning" cars should impress me and it doesn't.
Lexus Fanatic
Joined: May 2012
Posts: 68,466
Likes: 3,990
From: Maryland
I would never keep a Mercedes 250,000 miles. I'm very happy with my RX. Sorry it offends you so. Not trying to impress you, only saying you should use the correct term. You wouldn't make a good lawyer. Do you present a lease agreement to people trying to buy real estate and tell them it's just semantics?
Last edited by SW17LS; Nov 14, 2022 at 03:55 PM.
