View Poll Results: How did you choose to purchase your W211?
Did you pay for it cash?
23
38.98%
Paid cash (but financed it using home equity or asset equity)?
4
6.78%
Financed it but will pay it off within the first year?
3
5.08%
Financed it? (If you want, please post for how long)
16
27.12%
Leased (personal) (If you want, please post for how long)
7
11.86%
Leased (business) (If you want, please post for how long)
6
10.17%
Voters: 59. You may not vote on this poll
W211 Acquisition Choices
Thread Starter
MBWorld Fanatic!
Joined: Nov 2004
Posts: 1,281
Likes: 8
From: Longmont, CO
04 E320 4 Matic, 95 Audi S6, 99 Carrera 4 Cabrio, 12 Fiat 500 Sport, 00 BMW R1200C 10, BMW R1200R
W211 Acquisition Choices
I am not doing this to be nosy, I am very curious to see what how the percentages will fall. I have the impression that most W211s out there are leased. This might mean that in a few years there will be a glut of them on the market and hurt resale value. I might be totally wrong, but I think that it would be interesting to see.
If you financed it or leased it, I would be interested in knowing for how long (don’t disclose specifics unless you want to!). This also includes those who purchased their W211 used.
Thanks for your participation!
Steve A
If you financed it or leased it, I would be interested in knowing for how long (don’t disclose specifics unless you want to!). This also includes those who purchased their W211 used.
Thanks for your participation!
Steve A
MBWorld Fanatic!
Joined: Dec 2003
Posts: 1,586
Likes: 1
From: Sacramento
'08 AM Vantage V8 - '03 E500
The third option could be "financed it but will/did pay it off within the first year."
Yeah, I've been fanged before for suggesting improvements to the wording of polls, but I never learn ... especially since the suggestion covers my situation.
Yeah, I've been fanged before for suggesting improvements to the wording of polls, but I never learn ... especially since the suggestion covers my situation.
Almost a Member!
Joined: Feb 2004
Posts: 70
Likes: 0
From: OUTSIDE PHILLY/bucks county
e500 4matic
50% down.......balance financed over 36 mnths.........smart? i dunno.........if i keep it as long as my 95 c36 amg ....then yes ( 9+) yrs......if not, expensive error................my business territory has been shrinking(a good thing ), and while i never qualified for leases due to excess mileage, i am on target to only put 17000 miles on it my 1st yr.......making leasing attractive........oh well.......live and learn, crash and burn as the saying goes......
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Thread Starter
MBWorld Fanatic!
Joined: Nov 2004
Posts: 1,281
Likes: 8
From: Longmont, CO
04 E320 4 Matic, 95 Audi S6, 99 Carrera 4 Cabrio, 12 Fiat 500 Sport, 00 BMW R1200C 10, BMW R1200R
Originally Posted by Ducman
Girlfriend gave it to me,she paid cash.
I had to pay cash for my own car! That is really unfair!Steve
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Newbie
Joined: Nov 2004
Posts: 24
Likes: 0
From: Delaware, USA
05 e320 cdi, 99 Denali, 94 Buick Wagon, 01 Yamaha Silverado, 03 Screamin' Eagle Road King
Replacement company car - $10,000 down, finance 60 months. Plan is to sell the businesses within 18 months, and purchase the CDI from the company.
Member
Joined: Jan 2003
Posts: 103
Likes: 0
From: Dedham MA
2015 C300
Traded in the '97 C Class (that was a cash buy) and put in cash for about 50% - wrote a check from home equity for the rest. Paid that off when the Fed started raising rates again. Even at 4.74% it seems like it's not cheap money anymore!
Out Of Control!!
Joined: Jun 2003
Posts: 14,362
Likes: 1
From: Staples Center
w211 & w124
39-month lease. ~$600/mo. I have always bought my previous cars cash but since I end up selling them off and getting a new one so soon I always end up losing so much money. I figure if I'm going to be driving a new car every 1-3 years I might as well just pay for the portion I am going to use. 
I'm no finance guru so I might be wrong but oh well I'm only 26, live and learn.
After my lease is up I might buy it and then turn around and sell it for a small profit.
I'm no finance guru so I might be wrong but oh well I'm only 26, live and learn.
After my lease is up I might buy it and then turn around and sell it for a small profit.
Thread Starter
MBWorld Fanatic!
Joined: Nov 2004
Posts: 1,281
Likes: 8
From: Longmont, CO
04 E320 4 Matic, 95 Audi S6, 99 Carrera 4 Cabrio, 12 Fiat 500 Sport, 00 BMW R1200C 10, BMW R1200R
Thank you all for your responces!
I hope to get a bigger sampling in the next few days with this thread, but I think that a pattern is starting to emerge. I heard that Lexus had a huge number of leases and led the luxury car brand in this way.
I thought that there would be a greater percentage of leases than has showed up so far. I am also surprised at the high percentage of cash buyers! Not to shabby.
If anyone is part of a BMW forum, it would be interesting if the same survey could be run there. I wonder if the buyers will disperse in the same way?
Thanks for your input! For all of you who have not voted, please vote!
Steve A.
I thought that there would be a greater percentage of leases than has showed up so far. I am also surprised at the high percentage of cash buyers! Not to shabby.
If anyone is part of a BMW forum, it would be interesting if the same survey could be run there. I wonder if the buyers will disperse in the same way?
Thanks for your input! For all of you who have not voted, please vote!
Steve A.
