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BMW 3-Series Prices Paid and Buying Experience

10276 messages, Last post on Nov 06, 2009 at 10:00 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I was just offered a 2008 328 in Sparkling Graphite with Steptronic Auto and i-Pod Adaptor but no Premium Package for $31,883. Does this seem like a fair deal? I had been offered $34,085 on a jet black 328 with same options plus premium. I thought that since the invoice on a PP is $3,000 that the price might be a bit better. Any thoughts and any news on any new LMF and residual rates for 2009 (dealer said special programs were ending yesterday?) Thanks!
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Replying to: bribor (Jan 03, 2009 7:50 am) I have it on pretty good authority that the MF for a 09 3 series sedan will jump to 0.00175 but the big hit is on the residual which is declining 3% (to 57% from 60% on a 36 month, 15k miles/year lease). That will make about a $55 a month payment difference on a ~$40k car compared to December. I am not sure about the other rates, but I would imagine similar changes would be in effect.
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Replying to: MRHammar (Jan 03, 2009 8:06 am)
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Replying to: skobola (Jan 02, 2009 3:22 pm) regards, kyfdx
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Replying to: bribor (Jan 03, 2009 8:41 am) I am just speculating because I did not pay attention to the 08 numbers, but I would guess they would go down some too, but perhaps less than the 3% that the 2009 was getting reduced. |
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Hi guys, I just bought a 2006 330xi (certified pre-owned) which hash the premium, cold weather ans sports package. I added in the NAV. List was 32k. Got it down to 26k after trading in by 97 Honda Prelude (which had a lot of issues including body work). Im kinda proud of the deal I got. The .9% apr from BMW and the two free payments (1000 bucks) doesnt hurt either.. Whatdyathink? Thanks!
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Replying to: kyfdx (Jan 03, 2009 2:56 pm) Thanks to everyone again for all the valuable info you have given me, Randy |
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Replying to: hemanthh (Jan 05, 2009 11:31 am) |
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HI, LOOKING FOR YOUR THOUGHTS ON WHETHER I SHOULD BUY A NEW 2009 335I SEDAN OR KEEP MY 2006 AN RUN IT INTO THE GROUND? I HAVE A 2006 330I SEDAN WITH 66K MILES ON IT. I FEEL IF I SELL IT PRIVATELY NOW I CAN GET A GOOD PRICE FOR IT. IF I WAIT ANY LONGER AND GO OVER 70K MILES IT WILL GO DOWN SHARPLY IN RESIDUAL VALUE. A NEW 2009 WOULD COST ABOUT $48K PLUS TAX. I FEEL I CAN DRIVE MY 2006 FOR 3 MORE YEARS (AN ADDITIONAL 50K MILES) WITHOUT ANY MAJOR PROBLEMS. WHAT IS YOUR EXPERIENCE ON GOING UP TO 110K MILES? I AM THE SOLE OWNER, GARAGE KEPT MOSTLY HIGHWAY TRIP MILES AS I AM RETIRED. BACK SEATING NEVER USED. SOME FRONT PASSENGER USE. LOOKS LIKE NEW INSIDE AND OUT. IF I GET $15K FOR MY 2006 MY NET CASH OUTLAY WOULD BE ABOUT $33K. I AM WONDERING WITH THE ECONOMY AS IT IS WOULD I BE ABLE TO SELL MY CURRENT CAR FAIRLY QUICKLY. ANY COMMENTS, OWNER-6 |
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Replying to: owner6 (Jan 06, 2009 1:36 pm) 2. You already took the brunt of your depreciation (first 3 years are horrible for resale on a car). Why are you going to put yourself down another 30k? Save the cash, keep driving it. 6-7 years is the sweet spot for getting the most ROI on a car (which is lousy for ROI). If you make it to 100k without major repairs, you're super far ahead of the game.
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