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Last post on May 09, 2013 at 9:32 AM
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BMW 3 Series, Infiniti G37, Acura TL, Lexus IS 350, Mercedes-Benz C-Class, Cadillac CTS, Volvo S60, Audi A4, Acura TSX, Car Comparisons, Sedan
#13059 of 16087 Re: "My" 2012 BMW 328i [qbrozen]
by dino001
Feb 10, 2012 (9:45 am)
Nurse may be a classic example of somebody who assumes they should get their car 20% below invoice, but same car should sell later 20% above dealer retail, just for mere fact of them keeping it in a garage and washing it every week.
Look for highest dealer asking price in their area, add another twenty percent to that is and then say "That's the value of my car". LOL
I disagree a bit with you on options. There is some "basic level" assumed, which usually may be above stripper, but there are options adding value, at least in first couple of years. Manual transmission does not have to be a value subtracting proposition for BMW - the car is rare enought to attract a few sporty stick shift afficionados, especially with M-package. That's a good combo. May not attract a buyer first day, but chances are those who show up may be more motivated - of course there will also be jokers as well.
#13060 of 16087 Re: "My" 2012 BMW 328i [dino001]
by sweendogy
Feb 10, 2012 (9:31 am)
Talking Mazda .
#13061 of 16087 Re: "My" 2012 BMW 328i [sweendogy]
by dino001
Feb 10, 2012 (9:35 am)
Now, THAT IS funny
#13062 of 16087 Re: "My" 2012 BMW 328i [dino001]
by qbrozen
Feb 10, 2012 (9:48 am)
but there are options adding value, at least in first couple of years
well, yes, of course. Those that I detailed in one of my posts above. With BMWs, for example, premium is assumed. Sport adds value, as does Nav. They do, however, as I said, suffer worse depreciation than the rest of the car.
A stick does hurt it at trade time, but you are correct that it doesn't have to hurt it at selling time. Dealers do the same thing. That's a sort of joke I've told before, and complained to salespeople about, too... they'll tell me "nobody wants it" when trading it to them, but then its "rare/hard to come by!" when buying it from them. So poor stick drivers get the shaft coming and going.
#13063 of 16087 Re: "My" 2012 BMW 328i [qbrozen]
by dino001
Feb 10, 2012 (9:57 am)
I agree - options do depreciate faster than base. I heard that Toyota actually accounts for that in their lease formulas (different residual percentage for base and different for options), which is probably smart thing for their protection, but will significantly increase lease payment for loaded models.
Feb 10, 2012 (11:29 am)
"...complained to salespeople about, too... they'll tell me "nobody wants it" when trading it to them, but then its "rare/hard to come by!" when buying it from them. So poor stick drivers get the shaft coming and going."
Very well said Q! Right on the money!
dino - I know the ride, build quality (solidness), RWD handling balance are very different between your 328iT & your WRX STi, but how are you holding up with the severe power differences between the 2 cars.
Q - I totally agree with you regarding the auction values of cars, that's what you get from the dealer whether it is a 10/10 or a 7/10. They deduct more if the car is in rough shape and don't add so much if the car is truly exceptional.
Sometimes, if you have the perfect car for the perfect buyer, things can work out in both of your favors. Back in 1998, when we graduated college a friend of mine had to have a Mustang Convertible with a stick. He special ordered a V6 (VEE SIX) Mustang Convertible with a stick. We tell him he's NUTS because everyone who wants a Mustang with a Stick Shift is going to want a GT (V8) & he's going to have a lot of trouble selling the car when the time comes.
To say my friend is anal about how he keeps his cars is and understatement. He also made it look like a GT (Dual Exhaust, Rear Bumper to Integrate dual exhaust, fake hood scoop...).
Fast forward to 2003. He Special orders a MINI Cooper S. His MINI comes in and he starts looking into selling his Faux GT V6 5 SPeed Mustang Convertible. I do some research for him & tell him that given the way domestics depreciate & given his car is a complete odd ball to expect to get maybe $11K TOPS for the car.
He lists it himself anyway after getting trade in offer of like $10-$10,5 (Plus paying full sticker for the MINI). He gets a call from some 16 year old kid who wants a Mustang with a stick, but insurance (& his parents) prohibits him from buying a V8. He likes the stick, the convertible, (Mom Likes the V6), & most importantly the faux GT styling. I think my friend got $16K for his car.
#13065 of 16087 Re: qbrozen & dino [nyccarguy]
by dino001
Feb 10, 2012 (12:12 pm)
Well, I don't miss that power because I didn't really need it at the first place. I already feel my 41 years of age, so kid cars don't excite me as much. I got that STI because it was a deal one could not resists. Nice to get and have for a while, but glad it's over now. Traded these horses for better mileage, refinement, quiet cabin, and good stuff inside with no regrets. It is 230 hp vs 305, but in torque it is 200
2750 vs 290
4400, which means at low end the difference is less and delivery is linear. 328 is deceptively quick - not explosive or screaming, but it is just enough. I like it just the way it is.
Feb 12, 2012 (7:57 pm)
I find it funny that it's mid feb and no sedan on local dealers lot - maybe because I live in AWD country and they have yet to build them.
#13067 of 16087 Re: 2012 BMW 3 sedan [sweendogy]
by dino001
Feb 13, 2012 (6:44 am)
2012 3XXix and 335d sedan will be still old body and engines, just like coupe and convertible. I don't have any insider info, but new Fxx body will probably be 2013 for those. No way to say when, if all of it will come at fall, or if they space it out from spring to winter, as they usually do. Strategically it is better to have something to talk about every three months than have big talk once, but production lines have to be switched. When I was in Munich in October, they were making both new sedan and old wagon bodies on the same line, but that may be unique to that place.
For now, new body/engine will only be on 328i and 335i sedans, which is announced, but I don't think it has come to lots yet.
#13068 of 16087 Re: "My" 2012 BMW 328i [flightnurse]
by graphicguy
Feb 13, 2012 (8:07 am)
Around OH, KY, IN, TN, etc, a loaded 328i with M and other options are tough to come by. They usually reserve those options for the 335i. That said, $47K for a 328i is a ton of money. I can buy a 335i for less than that.
That said, BMW dealers don't sell at a loss. They'll hold on to a 328i like you describe, use it as a loaner, or a demo. But, dealers sell just about all the ones they can get their hands on. IF you bought it at $7K-$8K off MSRP, the option list may not be what is reported, or it has a bunch of miles on it as a demo/loaner.
BTW.....took my 3er in to have the oil changed (6K miles, paid for it out of my own pocket....next one is on BMW), and they let me drive a '12 328i sedan. Interesting with a 4 cy...drive train's a lilttle rough.... uncharacteristic of a BMW. Significantly down on power compared to mine, too.
From the outside, you'd be hard pressed to tell the difference between an '11 and a '12. Interesting interior (don't know the name of it). Looks like the interior of a 5 series. IF you like the 5, you'll like the new 3.
But, as mentioned, the coupe/'vert for '12 is the same as my '11 coupe. So, not significant changes there for awhile.
Ride, handling, etc? About the same as an '11.
As I told my sales person (who is always nice to me when I stop by), "I'd take a steeply discounted '11 over this "updated" '12".
He agreed with me.
Should be interesting to see the sales numbers this year. They say MPG will go way up on the '12. But, I'm getting 23-24 MPG in mixed driving on mine, already. And, I've got a heavy right foot.