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730li for take over
- Thread starter Maha
- Start date
which year and why not just sell
u just carry on installment.. for a 2 yr or more lease at $3300 a mth.. road tax and insurance will be beared by me... servicing and other wear a tear will be beared by u.
colour: black
interior: gray
suction door,gps, 20 inch rims, built in bluetooth will phone
zennie
Well-Known Member
Jas1;711940 said:
Exactly. Still expect people to pay for wear and tear which would be a major part for a 5 year old. If it's so easy I will buy up another 3 or 4 more of these 5 year old 730LI and lease them out and have almost 10k of extra income. Just need to pay road tax and insurance. And still claim your rims are 19" then later say 20". How could you get these things so wrong if it's a sincere post? Why cannot sell? Cannot afford to break loan cos you took full loan when you bought this car recently, ie took over 100k loan for 5 years? Only learn to buy these kinda high OMV cars if you can pay full or at least take very small loan. Or drive a smaller car to begin with. This is why these high OMV cars seem cheap for depreciation cos you have to factor in higher road tax, maintenance, and the loan cannot be stretched longer than the remaining years left. You will have no chance to lease it out at this price unless you find a retard. Besides, it's illegal to lease out unless you register a company and pay taxes for it.
snowmanyee
Well-Known Member
Leasing without proper licence is an offence under Singapore law. My friend kena before...
ktnpl
Well-Known Member
I agree with Jas1 and Zennie. $3,300 a month is not realistic for a 2006 car, not to mention the possibility of costly 5 figures repair for a >5 year old car. Just for comparison, the cost of ownership for my 2009 iL6 with twin turbo is only $1,600+ per month and I get to keep it. Although mine is a 3 series, it is more powerful. If it were a 730Li, it would have cost me $2,000+ per month at 2009 price.
