We currently have a Denali XL, which was nice when gas was $1.50 a gallon.
It is out of warranty, and starting to give me problems.
Option 1
I can lease a BMW X5 for 24 months, for a great price, no money out, and walk out with 5K in equity from my Denali.
Option 2
Go into a GMC Yukon, much nicer than the Denali, will all the bells and whistles.
I would need to drop down about 10K to get the price the same as the BMW.
We have a three year old and a newborn on the way.
Thanks