Okay I realize the title is anti mustache but let me explain.
I work in the automotive Industry, one of the company perks is the use of vehicles we handle for a monthly fee. Let me explain the price for 2 vehicles that represent both ends of the vehicle spectrum that we have access to. Also first let me explain the lease rules.
1.) The payment comes directly from your paycheck
2.) You get UNLIMITED MILES. Every time you get to 7,500 miles you get a new car, just like that, no questions ask.
3.) The company pays all taxes and insurance, all you do is put gas in it and drive.
4.) IF you have an accident, the fine is as follow: 150$ first instance, 250 Second time, and 500$ third time. Resets yearly. They also provide you with a loaner car while yours is in the shop being repaired. ALSO You pay nothing obviously if the accident isn't your fault. This also includes damage from road debris, or if a shopping buggy hits your car, not your problem.
5.) You also get to custom order your vehicle, takes about 4 months to arrive, but they hold it for you till you get your current car to 7500 miles.
6.) Anyone in my household can drive the vehicle alone, and anyone else can drive if myself or my wife is in the car, insurance also covers them as well.
Okay now that you have that let me go over the prices.
2015/2016 Mini Cooper, Hard top 2 door, Auto transmission, semi well equipped. --- 250$ a month
2015/2016 BMW 328I Well equipped (navigation and those doodads with sport or luxury line) -- 370$ a month
Okay guys, I want you to use your mustachian goggles and provide me with the scoop in this situation. If I did take advantage of the program, I would have my wife drive the car, since I love my Ford ranger. She currently Drives a paid for 2004 Pontiac vibe with 150k miles, no apparent problems. Her commute is 11 miles one way 5 days a week so 110 Miles a week.
Heres the final question. How would you rate the Above listed company perk?
A.) Good value
B.) Okay Value
C.) No Value
D.) WTF dude, are you really considering it? ... Moron....
Edit: I realize I forgot some information so here it is
1.) It really doesn't matter to me what we drive, I actually prefer my $5000 ford ranger to the bmw, My tool box fits much better. My wife doesn't care either. We kinda feel like people are assholes on purpose when we drive around in a bmws....
2.) I was in the program but I got out because my calculations suggested a person would need to drive *about* 80 miles a day one way to work for this program to beat an 8,000 used car in value.
3.) Its kinda hard to appear to be the "stealthy wealthy" driving around in a 60k$ car at age 24. I much prefer our current setup
4.) My insurance premiums are 1,600$ a year for both vehicles, I wasn't always the perfect, safe driver I am now..... Thats for liability BTW.....