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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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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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Replying to: blueguydotcom (Jan 06, 2009 2:20 pm) 2. Thanks for your opinion. I had purchased the extra 50K miles service warranty some time back. It was a dealer special for $600 dollars so I have 34K miles left for free service, brakes and rotors. I like to have a worry free, maintenance free car as I travel a lot. Since I have not had any problems so far (only brakes), I felt I may want to chance another 3 years and save $30K as you also expressed. I just dont want to look back a year from now, be faced with a major repair and feel I made a bad decision. I have no experience with longevity as I have always sold my previous BMW's at about 50K miles. Again thank you for your advise.
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run into a problem that costs you $1K or so, it is still cheaper than dropping $48K on a new 335i. Are you a BMWCCA member? definitely keep the car. |
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Replying to: owner6 (Jan 06, 2009 1:36 pm) |
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Replying to: owner6 (Jan 06, 2009 2:48 pm) Enjoy your car and use it up. In this economic climate there's no sense in wasting money you could have working for you in other ways. |
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Replying to: hemanthh (Jan 05, 2009 11:31 am) They have to replace two tires in the back and I found out that they are replacing them with the run flat Bridgestone. I have requested them to put in the Continental run flat instead but they refuse. After hearing all the problems with the run flat, I am a bit worried about the ride. Anybody knows if the "new" Bridgestones have been improved or I should just wait and changed them all to Continental after a few months? thanks for your input. |
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Replying to: jeremy_nyc (Jan 07, 2009 4:30 am) |
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