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12571 messages, Last post on Nov 21, 2008 at 6:17 AM
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| I am thinking of a very similar purchase with slightly higher miles than you got, but also a slightly lower price. What did you look for when you were purchasing the car? I have found that these cars are normally in great condition since the people who own them normally take care of them. But I want to know, how does it drive, what is warn on it that might need replacing soon. I have never owned a BMW and I am considering a 1998 528 or a 1999-2000 323. I am just in love with the 323Ci but they are hard to come by with a 5 speed. I would get the auto is I got the 528i. | |
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From what you wrote, it seems like you got a great car and a GREAT deal ! Enjoy your car it will give you miles of smiles. Not much can happen to a car that recent. What color did you get? |
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The car is super super clean. The couple that owned the car were anal about the car and had the car detailed 2 times a month. Its silver with gray leather. I simply love the car. I am a professional in the auto buisness and have owned more than my share of cars (over 100) from Hemi powered mopars to vettes and this has got to be the best car I have ever owned. I was wondering if anyone here bought one new and what they stickered at in 1998. have any of you guys had any trouble that my be a bug with these cars? Thanks for your time. |
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| According to the 2002 Consumer Reports annual auto issue, the '98 model 5 series had some trouble spots in the power equipment, body hardware, body integrity, and electrical areas. | |
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All, I will be doing ED for late October. Got a reasonable price over ED invoice from a dealer in the area. I intend to keep the car for a long time (I figure 10 years at least; I've had my current car over 15), and I've been planning to finance the bulk of the purchase through my home equity line of credit, which gives me some nice tax advantages. However, I've also heard that leases can be very favorable for ED purchases, since there is a relatively large differential between MSRP and actual purchase price. Just to make sure I'm covering all the bases, I asked my dealer to give me his lease terms. Here's what he came back with: 36 month lease 12,000 miles a year residual value 62% of MSRP $31291.40 drive off $3159.82 $586.8/mo +tax = $635.21/mo incl tax. Oh, I should add this is for a 2003 530/5sp, PP, SP, Nav, Comfort seats, rear shades, xenons. Does this sound like a good deal? Does it make sense to lease when one is sure to keep the car for many years beyond the lease? (I've never leased before, so I'm pretty ignorant in this area.) Any input appreciated. Thanks, Steve |
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are for people who: 1) have a legal way to write the lease off for business or other purposes, or 2) can't afford the car in the first place and choose to rent it. I studied leases carefully 4-5 years ago and it became apparent fairly quickly that, given that I wanted to keep the car, buying it was the way to go, especially given that I drive quite a few miles every year. Exceptions: Often leases are heavily subsidized by the manufacturer. When that's the case, AND there's an ironclad "right to purchase" piece in the lease, it could make sense. You lease the thing relatively cheaply, then buy it for a song. This is rarely the case with a BMW. Short answer -- if you're going to keep the car a long time and it's not a known dog -- don't lease. |
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| If you have to keep a car for more than 5 years it also means that you cannot afford the particular new car. Instead you actually choosing to own a used car for many years(probably the fact that is was used by you makes you feel better). BTW leasing is in most cases the cheapest way to own a new car every 3 years. | |
| Does anyone know if tinted windows on a 5er reduces the AM or FM radio reception? I heard that the tinting may reduce AM reception on some cars. | |
| Well here's some info on 2003 530A leasing. I ordered one and will be ready second week in Oct. My deal was 1500.00 below MSRP. Options iclude auto trans/xenon/heated wheel/premium package/lumbar support. I'm in NY and hope I got a good deal. Don't know what the payments will be like yet. | |
| My windows are tinted. I almost never try AM, and it was awful to begin with, but I have heard (and was warned when I got the tinting) that AM reception does usually suffer. My FM reception has been unchanged, but then since I got XM Satellite Radio I barely listen to that band, either. | |
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