Last post on Dec 10, 2013 at 12:13 PM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW 3 Series, Sedan, Wagon
#11935 of 12241 Is this used 328i a good deal? My first car ever
May 31, 2013 (9:22 pm)
I just started my first real job and am thinking about getting myself a car. I came across this deal on internet that seems pretty good to me, though I don't really know if it really is a good deal. And one major concerns that I have is it was in an accident as shown in CARFAX.
Here is the link to that car on the internet:
Used 2010 BMW 328i convertible link
If you guys think I should go ahead and get this one, could you tell me how much should I go about negotiation? I am in no rush in buying a car so I can spend a long time playing the negotiation game if that's better. Also, which direction should I negotiate? Price, finance, or something else? Thanks a lot!
I do have the cash to pay for the car in full, but I think I will prefer to finance it.
#11936 of 12241 Re: Is this used 328i a good deal? My first car ever [jiawa]
Jun 01, 2013 (4:11 am)
First & Foremost, congratulations on getting your 1st job. As they say, cash is king. If you have cash for a car, then pay for it. Why waste money on finance charges & interest? I'd kill to not have any car payments. Pay for the car, then pay yourself every month as if it were a car payment, then this way if you want a new car in a few years, you will have the title in hand & be able to buy the next car either in cash or via a small loan that you can pay off in less than 2 years.
Now as far as this particular car goes. I don't like what the carfax says: "Damage reported in multiple areas." Now obviously there wasn't enough damage to total the car, but you have got to figure it wasn't just a "love tap" on the front & rear bumpers. Either the car got sideswiped or he rear ended someone & got rear ended. You just don't know. Also, are you in Seattle, WA? That's car made itself a long way from where I'm from (CT). My advice is to keep looking. Good luck!
#11937 of 12241 Re: Is this used 328i a good deal? My first car ever [jiawa]
Jun 01, 2013 (8:05 am)
I wouldn't touch it. "damage in multiple areas" and "vehicle towed" are not very good signs. It was towed for a reason and who knows if it will cause any problems for you down the road. Plus when you go to get rid of it, you will get hit for it again on trade in or trying to sell it
#11938 of 12241 Re: Is this used 328i a good deal? My first car ever [jiawa]
Jun 01, 2013 (8:26 am)
Check out Carmax.com they are have some excellent deals on 3 series convertibles, if the car you life is in another city or state the post the transportation price on the website and the car is transported via truck, so no extra miles are added.
Like others have stated, stay away from the car if it has been in an accident. There is a reason why the dealer is selling it as low as they are...
#11939 of 12241 Keep looking
Jun 01, 2013 (1:37 pm)
Thanks guys for the advice. Looks like this car is a no go.
The reason that I prefer loan to cash is that 1) I can diversity my credit profile (currently I only have credit cards) and 2) financing only costs a couple thousand more over a few years so maybe I can get it back, if not more, by investing the cash.
If I plan to drive for 3-5 years and then sell it, what's the mileage and year I should look for on this car so that I can sell it for a good price later? I probably will drive less than 10k miles per year.
I'm going to search for more cars online, and post what I find back to here later for advice. Thanks!
#11940 of 12241 2013 335 coupe
Jun 02, 2013 (9:42 am)
I have a chance to order a 2013 335 coupe but it has to be done in the next day or two
Could you please let me know if you think it is worth doing?
This is how i would build it.
36 Months 10k
$1000 Total drive off
Lease payment is $496.00 with tax
I have a 328 coupe now with two payments to go so the timing works
I know this will be a out dated body soon, but is still a fun car
If anyone else has any comments please let me know.
#11941 of 12241 Re: 2013 335 coupe [1bmwguy]
Jun 02, 2013 (2:29 pm)
Are you sure you can "order" this car, I was under the impression that the 3 series coupes are out of production and that BMW is ramping up production of the 4 series.
In regards to payment, what is your purchase price? What is BMW giving you for your car? what is your money factor? Lots of data missing to say if this is a good deal or not.
#11942 of 12241 Re: 2013 335 coupe [flightnurse]
Jun 02, 2013 (4:37 pm)
This is the last 335 coupe that this dealer can order. The 4 series is not in production yet. The production on this car would start this week .As for my car it is also a lease, my turn in date is Aug. 28th. There is about $2500 in incentives
on top of how much they are discounting the car. The payment on this car is a little bit less than what i am paying now on a 328 with the same packages. My main thing is do i want to driving the same car for three more years? Only change is the motor. I believe money factor is 0.00127. not sure of the selling price. As for the 4 series i'm sure there won't be any dealing on them for a long time.
#11943 of 12241 Re: 2012 328 convertible [escortowner]
Jun 02, 2013 (3:59 pm)
Thanks all. They said they could do high 40's, so not really playing much. Still on the lot though, so we'll keep trying. Are there any other incentives going on? Does anyone know if the USAA cash (we are USAA members) is just for 2013's or would apply to new 2012's as well?
Jun 05, 2013 (8:55 am)
I have 4 months left on my mini cooper. BMW will take it back now.
10k miles per year.
$600 due at signing
$499 per month everything rolled in.