[fusionnv]

Originally Posted by skimo

Hi,

Anyone know the cons/pros of Owner's Choice vs Leasing ? This question will probably only apply to people in TX or IL (states that charge full tax on car price rather than lease payments).

According to my dealer, with Leasing you get gap insurance that you dont get with OC. But with OC the car is registered to your name not BMWFS. Cost wise, shouldnt OC be cheaper ?

Any advice appreciated.

Thanks
Skimo

This is a hard decision. Because you either want to own the car or just drive it for 3 yrs. Usually leasing then buy the car you will lose. It often very hard but $ is $. I am in NYC and leasing. The problem with leasing in NYC is that the acquistion fee which includes the GAP is always very high but I get taxed on the lease payments, not the entire price. Damn that sucks. Lease helps a lot of people afford cars they normally can not or do not want to keep the car after the warantee is over.