Can someone post how yo calculate depreciation over a period of 2 or 3 years in a simple way. I've seen some saying that if it's <20% (or is it 8%) then it's a good deal. Does that mean from the actual value of the car? Also, how does one calculate depreciation? I currently have a lease (Tiguan R-Line @ 299.99 a month with 9k/year) but want to get the information as we're looking at another car now too.
For a few more pennies I would prefer the M5 albeit it's a saloon vs a coupe.
The big thing here is 'if the lease is less than the depreciation' - with personal leases it often isn't, otherwise they'd be losing money on all of them.
Maybe, but if you want or need a new car every 2 or 3 years, then if the total cost of the lease is less than the depreciation over the same period, it makes good financial sense to lease. If you run a business or are self employed, then it can have advantages too. As you say though, some deals are better than others.
"For this kind of money you could get a 10 year old BMW" ... no wait.