Why do Americans lease German luxury cars or trade them in once the warranty expires?

Why do Americans lease German luxury cars or trade them in once the warranty expires?

Because they want to seem wealthy or enjoy luxury goods for low prices.

Who wants to own one of those piles out of warranty?

Because they suck.

Or because you're an idiot?

Example:

50k bmw lease 3 year 10k miles has 63% residual

Lease end it's worth $31,500.
Turn in your keys and it's done. Or buyout the car and negotiate a few thousand if somehow your car is worth more than buyout (rare for high residual bmw)

If you bought the car and wanted to sell it, you'd get around 18-24k if you're lucky.

So bmw slaps on certified pre owned with higher price and long warranty and both parties win because bmw subsidizes their lease.

This only works because people buy certified pre owned BMW in great numbers.

It doesn't make sense to buy a new BMW for the standard 3 series

Too expensive to maintain. The cost on those cars are ridiculous. One of the silver linings of me totaling my MB was that I no longer had to visit the service center ever again or come up with the $2,000 needed in the next 2 months to get what else I needed fixed, fixed.

Could've bought a good used Japanese or American manual car in cash for what I spent on maintaining that German shit box. The only good thing about it was that it looked extremely nice to other people and stood out, and also handled well, but it was more of a hassle for me than anything else. Good riddance.

>One of the silver linings of me totaling my MB
Also the reason they totaled it is because the airbags in the armrest could not be replaced apparently. Still have yet to find any other cars with airbags located in the armrest, even newer cars.

Private persons leasing cars is a poorfag myth

Because German cars are only reliable and well engineered until the warranty runs out.

Because Americans never maintain them.