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BMW 3-Series Prices Paid and Buying Experience

10300 messages,  Last post on Nov 29, 2009 at 11:57 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? BMW 3 Series, Sedan, Wagon


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#9306 of 10300
by goldenmeeko
Nov 06, 2008 (11:53 am)
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^^^ yeah that
#9307 of 10300
BMW 328 XI AWD vs. Audi A4 lease question by south3
Nov 06, 2008 (3:02 pm)
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I would appreciate any thoughts on the following: I am looking at an A4 lease on the base model, w/ just heated seats, audi symphony, and one other minor option for $520/mo, with $2K down. BMW is $499/mo. with $1,400 down. Both leases are for 3 yr, 15K miles. The BMW lease is essentially maintenance free as it covers everything (oil changes, etc) except tire work, balancing, etc while the Audi does not cover regular maintenance. I have never owned either car and I know the maintenance can be expensive. I am curious about everyone's opinion if the maintenance free aspect of the BMW would be reason enough alone to consider the BMW, assuming you like both cars the same.
  
Thanks
#9308 of 10300
Re: BMW 328 XI AWD vs. Audi A4 lease question [south3] by carnaught
Nov 06, 2008 (3:09 pm)
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Replying to: south3 (Nov 06, 2008 3:02 pm)

Both are great cars. Go for the one YOU like best and don't agonize over your choice. It's for 3 years, not forever.
#9309 of 10300
Prices Paid for 2008 328i w Premium Pack and Auto by nc_driver1
Nov 07, 2008 (11:48 am)
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Hi everyone!
Does anyone have any insight re. prices for a 2008, 328i w/Premium Pack. and Auto Transmission?
 
Thanks a lot.
#9310 of 10300
How Much Below KBB? by socal59
Nov 07, 2008 (3:07 pm)
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My lease is ending on my 2005 X5 in 3 weeks, so I'm thinking of purchasing a CPO (Certified Pre Owned) 3 or 5 series wagon. My question is as oppose to buying new and figuring how much below MSRP on the used CPO market is there much room to come down on the price? Meaning ,on say a $30K offer around $3K below their asking price? They will usually counter by saying well it's listed at Kelly Blue Book and that is the selling price. I know that if I was looking at a new 2008 at around $35K then I would offer around $3 to $4K off MSRP. Which would take me to around $1000 below invoice. Just trying to get an idea, seems harder to determine with CPO than when I leased new.
#9311 of 10300
Re: How Much Below KBB? [socal59] by kyfdx HOST
Nov 08, 2008 (6:39 am)
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Replying to: socal59 (Nov 07, 2008 3:07 pm)

The problem is: There is no MSRP on CPO cars.
 
The dealer may list a car at $30K, but the next dealer down the road may have a comparable car listed at $27K. So, any hard and fast rule about how far they will discount the car is going to be impossible to use.
 
My local dealer was asking $29,900 for all of their '06 CPO X3s in September. Three weeks later, they dropped all of them to $25,900. Who would have guessed?
 
You just have to watch the market, and try to figure out what the car is worth, without regard to what they are asking for it. Shopping for used cars is hard, and looking for a relatively rare BMW wagon is going to make it harder.
 
I'd start by watching Autotrader or Cars.com classifieds to get a feel for asking prices. Then, if you find a car you want, bargain hard. I wouldn't worry about hurt feelings...lol.
 
You can post details of a car in Real-World Trade-In Values, to get an idea of the true wholesale value.. Then, probably add a good $4K-$5K on to that to get a CPO selling price.
 
Good luck!
kyfdx
#9312 of 10300
Re: How Much Below KBB? [socal59] by jayrider
Nov 08, 2008 (10:17 am)
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Replying to: socal59 (Nov 07, 2008 3:07 pm)

check out ebay motors -- you can look at listings and if you go to completed listings you can see what some actually sold for. Also you can see bid prices that didn't result in a sale.
#9313 of 10300
Re: How Much Below KBB? [jayrider] by socal59
Nov 08, 2008 (10:34 am)
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Replying to: jayrider (Nov 08, 2008 10:17 am)

Thanks KYFDX and Jayrider for the tips any bit of info helps. Even though we are in a buyers market, I have found that some dealers don't even acknowledge it (can't blame them) and act as if cars are flying off the lot.
#9314 of 10300
Re: How Much Below KBB? [socal59] by jayrider
Nov 08, 2008 (1:08 pm)
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Replying to: socal59 (Nov 08, 2008 10:34 am)

When I was looking for a car, I got the impression that they were sitting pretty with their inventory. They had me right where they wanted me. The place I bought wanted to sell cars and weren't cagy about it. Go figure. If you look at all the vehicles that have expired listings on ebay and didn't sell it makes you wonder. The dealers will not allow themselves to believe that the market has tanked. They have way too much money in these cars and are paralyzed. I think they expect things to turn around soon and the old days will be back. Unfortunately the wait may be measured in years not months. The housing market may be a harbinger. We have a 380k house in our neighborhood on the market for 250k and no one's buying.

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