Last post on May 24, 2013 at 7:02 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW 3 Series, Sedan, Wagon
#11314 of 11924 Re: Should I buy this 2009 335i Convertible [puffin1]
Mar 12, 2011 (9:23 am)
I bought my first BMW in the seventies I took a trip to Germany arranged by a friend who owned a dealership.I drove it and it was called a Gray Car as it didn't pass U.S. emissions.
Someone on here can correct me, I got the car and had it converted to meet USA emission specs. I saved alot of money as I put 3500 miles on it in Europe. Anyhow, I shipped over.
By the way, I'm Puff's dad
#11315 of 11924 2011 328xi Sedan Lease Offer
Mar 21, 2011 (10:28 pm)
First time, long time. I just wanted to start by saying thanks to everyone in this forum who has posted before as you have been very helpful to me. I am a first time BMW buyer and was quoted today in New Jersey (7% sales tax) on this 27 month lease for a 2011 328xi sedan. It has: Space grey metallic color, black dakota leather, premium package, value package, steptronic auto, heated steering wheel, fold down rear seats, xenon headlights, and nav system.
Cap Reduction: $3,021
DMV Fees: $318
Money Factor: 0.00210
Capitalized Cost: $42,155
Sales Tax: $1034
Bank Fee: $925
Total Cap: $44,114
Cap Reduction: $3,021
Net Cap: $41,092
Monthly Payment: $468.46 (for 27 months with $4k down)
So total OTD price was $4000, which did included TTL, first payment, etc. I think the money factor is a big high, along with the monthly payment. However my friend say it was a pretty good deal. Your thoughts????
Also how much would you say a comparable 335xi would run? I'm going to ask my CA on Thursday when I go back, I'm just hoping someone here could give me a number to work with before I go back.
#11316 of 11924 2008 328i BMW (Premium) Pricing Question
Mar 22, 2011 (6:30 pm)
I've been hunting for a good deal to buy out my lease which ends very soon. I have a 328i (Premium) with about 28K miles on it. My lease lists the residual at about 21.8k. The best offer I've received from any dealer in the vicinity is $24,500 for the car plus the extended warranty. That amount includes $1000 for the end of the lease payments. So essentially its $21,500 for the car and $2K for the extended warranty (no maintenance). I treat this car very well. No accidents and no rough driving. This seems pretty reasonable to me...or am I making a big mistake.
My alternative would be to buy a similar pre-certified car (automatic + sports package) for $24,700 out the door from the same dealer (with the financing tricks I can get maintenance thrown in for free). The negative is I don't know who previously owned it and they put 6000 more miles on it that I have on my car.
#11317 of 11924 Re: 2008 328i BMW (Premium) Pricing Question [dew9]
Mar 23, 2011 (9:11 pm)
You should buy the car you have owned since new. There is less risk that way. Even if you have to pay a bit extra for it. My .02.
#11318 of 11924 Re: 2008 328i BMW (Premium) Pricing Question [dew9]
Mar 24, 2011 (10:47 am)
Buy your car, even if costs a little more.
#11319 of 11924 Re: 2008 328i BMW (Premium) Pricing Question [dew9]
Mar 24, 2011 (4:39 pm)
I wouldn't worry about the extended warranty on a 328i- especially if you're the original owner. I bought a CPO 2004 X3 2.5 back in 2005 and I never made a single claim under the CPO warranty. At 110,000 miles I've had no mechanical failures of any kind. I've bought one set of pads/rotors, two sets of tires, and followed the "old school" maintenance schedule. It's been the most trouble-free car that I have ever owned.
#11320 of 11924 Re: 2008 328i BMW (Premium) Pricing Question [roadburner]
Mar 24, 2011 (8:27 pm)
I've kicked myself quite a few times for NOT buying out the lease on our former 2007 X3.
#11321 of 11924 Re: 2008 328i BMW (Premium) Pricing Question [roadburner]
Mar 25, 2011 (5:10 pm)
Are you talking about the "Extended CPO Warranty" or the "Maintenance Warranty". One of the dealers (unfortunately one of the two with the lowest prices) is playing Three Card Monte with the terms. As I understand there are 2 types of "warranty". The Extended Warranty (major parts, electronics, etc.) and the Maintenance Program" (brakes, fluids, oil changes, etc). With respect to each:
1. I've been told that I can only get the BMW Extended Warranty if certify my car which will cost an unknown figure. Until ten minutes ago, this was not the case. Now it is the case at at least 1 of the 2 dealers.
2. Also until ten minutes ago, I could get the Maintenance Program if I finance my purchase at a high rate 6-7% and then pay out the lump sum remaining after Three Months to BMW Finance. Dealer #2 said that this is impossible because BMW Finance prohibits that a lease owner from buying out his car and getting into the finance program wherein maintenance provided at no additional cost. I called BMW Finance and they denied this. I suspect it might be a dealership by dealership decision.
Anywhat, I thought I had a pretty good deal - about 24.5 for the car + extended warranty, and then the maintenance for 3 months of financing.
Should I forgo all of the extra coverage and just buy my car straight from BMW Finance and tell the dealers to pound sand? Or should I man up and get some added protections, and if so, which ones?
Thanks in advance.
#11322 of 11924 Re: 2008 328i BMW (Premium) Pricing Question [dew9]
Mar 25, 2011 (9:08 pm)
I wouldn't pay for either coverage. From 50,000-100,000 miles I spent $2,585 on maintenance as well as a four wheel brake job for my X3. Nearly $600 of that amount was for maintenance that BMW does not call for(ATF and transfer case oil changes and twice as frequent engine oil changes).
#11323 of 11924 Re: 2008 328i BMW (Premium) Pricing Question [dew9]
by kyfdx HOST
Mar 26, 2011 (9:19 am)
If you are the original lessee or owner, you can buy the extended warranty and maintenance at any point before the original plans expire (which is at 4yr/50K).
Also, you can buy them from any BMW dealer in the US.. and, with a little research, you can find dealers that discount those prices. For example, the extended maintenance on an E90 3-series has a list prices of $2095 and a dealer cost of $1595. Many dealers will knock $200 off without blinking, and others might go as low as $1750.
However, if you don't drive a lot (and I've lost the thread on how many miles you drive), then these plans are of less value to you, though the cost is the same. They work well for those who have driven 45K-50K miles on their three year lease, and expect to do the same for the next three years.. For those that drive less, I concur with the others... not worth it.