re: People who drive BMW 3-series

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My friend recently bought an M6 Gran Coupe

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That's a fine machine.

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They talked him out of buying it, and he said even though he knew they'd profit off of it all of the points the salesman were making seemed logical to him.

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My line of thinking may be wrong, but I would definitely lease a $100k plus German car. The way I look at it, let's say you're paying $1500 and put $15,000 down. After 2 years, you've got $51,000 in the car. However, you don't have any negative equity in it either. So say you're talking about an Mercedes S63 that starts at $140,000. Right now, you can buy a low mileage 2 year old one for $88,000 from a dealer ($52,000 less than new). You know the dealer didn't pay $88,000 for that car, so already you're better off leasing, regardless of whether you financed or paid cash. If you financed, you're likely still upside down after 2 years, which makes leasing make even more sense. Plus you don't have the headache of trading the car in or selling it private party.

Obviously this is only for high priced luxury cars, but I could definitely see some situations where leasing makes sense.