(28-06-2012 09:03am)Daigriff Wrote: I'd also guess the residuals will be a lot less than the Evoque come change time...especially here.
The opposite actually. That's the biggest part of why I feel like the BMW makes more sense. The Evoque shows a residual of 47%. The BMW, 62%. That's a huge difference. A 47% residual on 36 months is quite poor, in my opinion. To me, it doesn't make sense. The Evoque is a great vehicle and very popular with high demand and low supply so the residual should be more on par with the BMW, but for some reason that's what the bank is predicting the car will be worth in 3 years and the bank sets the rate and is not negotiable.
If the residual was 55% or 59%, as one of the dealerships said it was, I'd be closed. I just can't justify getting a car with such a poor residual right now. If I was overflowing with cash and had no debt, I'd do it, but I have to keep a sharp eye on where my money is going. I *could* afford a $950/month lease, but that money makes more sense going somewhere else. It might only be $150/month difference but that's the difference between feeling like I got a great deal and feeling like I overpaid. And I LOVE to get a great deal. I was prepared to fax every Land Rover dealer in the country to get them to compete on price and give me the deal I want.
Even if one can afford it, doesn't make sense to overpay in my mind. And with such a low residual, I'd feel like I'm overpaying. I might justify it if the car was absolutely perfect in every way, but then I would be dreaming.
(28-06-2012 09:16am)Belvoirbloke Wrote: BMW 3 is two-a-penny here, they pass you by minute by minute. I’m sure they are very capable and likeable but there is no way I could waste my money on something so bland and so every-day. Seems a lost opportunity.
I kinda think it's as bland as the driver is. If you know how to drive a car as I do, it's loads of fun. And for the last 4 years, I've been dreaming about more speed. With the 3, I'd really never have to worry about being able to pass someone on a single lane road or on the highway.
Trust me, this is a hard call, it is. That's why I'm asking you guys for opinions. I was psyched to get the Evoque for the last week and driving it yesterday made me even more excited about it. But crunching the numbers put a real rain cloud over the whole thing.
I like to get the best bang for my buck and I'm just not sure the Evoque is it.
It's a statement, for sure, but how long would that statement last? In 12 months, will the Evoque really be as impressive as it is now to look at? Perhaps it's different here in the USA than in the UK? There are a lot more of them sitting on dealer lots here and people here don't seem to notice them *as* much. It's definitely a stand-out car, but people don't stare and point so far as I could tell when I took my 2 hour test drive.
(28-06-2012 09:20am)FujiSan Wrote: Everyone's choice is personal, but for me - if faced with a choice of a BMW 3 or an Evoque, it would be the Evoque every day of the week and then twice on Sundays.
The 3 series is just too boring - every sales rep (and their dog) has one over here. OK, so it's fast - so what! All that means is you get to the speed limit faster than I will.
We both will be smiling, whatever our choices I'm sure, but maybe others will looking at the Evoque and some form of emotion will be felt - whether it's positive or negative. I wonder if anybody will actually notice another BMW 3 series on the road.
(Your mileage - of course - may vary.)
I've got it! ...I buy the Evoque body and stick it on the 335i's chassis! Problem solved.