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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

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


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#9787 of 10276
Re: '06 330i CPO [ladele] by blueguydotcom
Apr 16, 2009 (6:46 am)
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Replying to: ladele (Apr 15, 2009 9:25 am)

Look at Edmunds' Trade-in value - that's about a fair price for a CPO car.
#9788 of 10276
Re: CPO 2007 328i Auto [stunyccpa] by blueguydotcom
Apr 16, 2009 (6:53 am)
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Replying to: stunyccpa (Apr 14, 2009 5:27 pm)

KBB is on crack. Seriously, cars are depreciating so rapidly in this market that Edmunds (who is usually pretty good) and KBB (always high) can't keep up.
 
When I bought my used CPO 335i in February Edmunds listed the trade-in value above what I paid. KBB wasn't even on the same planet. Edmunds STILL lists my car's trade-in value at more than I paid (that's with 3k more miles on the car)! They list the CPO price at 7k+ more than my purchase price.
 
At the end of the day, just lowball the dealer to the high heavens. You have nothing to lose. Yes BMW is selling many used cars, but that doesn't change the fact they're hungry to sell.
#9789 of 10276
Re: CPO 2007 328i Auto [blueguydotcom] by jasonbourne
Apr 16, 2009 (5:10 pm)
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Replying to: blueguydotcom (Apr 16, 2009 6:53 am)

I think you nailed it to the point.
In this market KBB and Edmunds values are junk.... I relied totally on old school calculations, I think I failed....
#9790 of 10276
Re: CPO 2007 328i Auto [jasonbourne] by stunyccpa
Apr 18, 2009 (1:11 pm)
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Replying to: jasonbourne (Apr 14, 2009 11:00 am)

Found a CPO 2007 328i
 
Black Saphhire Metallic
Gray Dakota Leather
37,880 Miles
 
Cold Weather Package
Premium Package
Steptronic Automatic Transmission
Park Distance Control
Navigation System
 
List Price: $23k
#9791 of 10276
3 Series Buying advice by sw113
Apr 18, 2009 (9:39 pm)
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I've never owned a BMW before and I need some second opinions. I'd like to get a manual 3 series. I'm only able to look at used 2004 or older because of price.
 
I've got a 2004 325xi with 52,000 miles on it. Basic - not even power seats. It was listed at $16,000. I've gotten the guy down to $14,000 (plus D&H and tax). It's through an auto broker in Cherry Creek, CO.
 
The other car is a 2002 330xi with 85,000. This car has integrated radar, ipod, harmon kardon, carbon fiber dash inlay, heated power memory seats, auto dimming mirrors, and M steering wheel. This guy wants $13,000 (plus D&H and tax). This car is through an auto broker too.
 
Any advice if either of these cars are a good deal or not? Which car would you recommend? Thanks for helping out a newbie!
 
#9792 of 10276
Re: 3 Series Buying advice [sw113] by stunyccpa
Apr 19, 2009 (7:15 am)
Reply

Replying to: sw113 (Apr 18, 2009 9:39 pm)

bmwusa.com CPO
2004 325xi
52,384 miles
Jet Black on Black Leatherette
Cold Weather Package
& Moonroof
Manual Trans
Price: 18,333
 
Based on that asking price, 16k is probably a fair starting point. When I bought my CPO BMW 3 & a half years ago the sales man said basically whatever price you see take 2k off of it right off the top immediately than we go from there. Also I am in NYC so the volume is probably much greater here than in other dealerships which might explain that.
#9793 of 10276
Re: 3 Series Buying advice [stunyccpa] by sw113
Apr 19, 2009 (12:18 pm)
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Replying to: stunyccpa (Apr 19, 2009 7:15 am)

Neither of these cars are CPO. Could that adjust the starting price down from $18,xxx (for the CPO you mentioned) to $16,xxx (for these used non CPO)?
 
I'm trying to understand if $14,000 is a deal worth moving on or if I should wait for something more/better?
 
If anybody can weigh in on which of my two choices is "better" I'd appreciate that. I don't know if newer/lower miles is better than older/more features. I'm not looking for bells and whistles on the car. Heated seats and premium sound don't matter much to me. Just a fun, reliable manual that can last me for another 6 years.
#9794 of 10276
Re: 3 Series Buying advice [sw113] by kyfdx HOST
Apr 19, 2009 (12:26 pm)
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Replying to: sw113 (Apr 19, 2009 12:18 pm)

CPO cars are only warranted for up to six years from the original in-service date...
 
So, for the age and price range you are shopping, you won't find a CPO from a dealer.... If you find an '03 or '04 from a private seller, who purchased it CPO, then you would receive the remaining warranty, though that would likely be 1 year or less at this point.
 
Used 3-series that are six or more years old are all about condition and maintenance. You want to find one that's been well taken care of, with extensive maintenance records. Finding that car will be more important than the options or mileage..
 
regards,
kyfdx
#9795 of 10276
Re: 3 Series Buying advice [kyfdx] by stunyccpa
Apr 20, 2009 (9:38 am)
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Replying to: kyfdx (Apr 19, 2009 12:26 pm)

What are your thoughts about buying a CPO now with navigation if you plan to keep the car for a long period of time, after the warranty expires? Is it too risky because if something goes wrong with the iDrive it could be very expensive to bring it in for repairs? Are you better stay away from navigation/iDrive if you are purchasing the BMW to keep for a long period of time?
#9796 of 10276
Re: 3 Series Buying advice [stunyccpa] by sw113
Apr 20, 2009 (9:50 am)
Reply

Replying to: stunyccpa (Apr 20, 2009 9:38 am)

Cost is the major issue. This is our second car and I want to keep cost low. Frankly, a car is not an asset and as much as I want to have the fun of driving, I'm trying to get a good, fun, yet reliable car. I'm hoping a used BMW 3 series can do it.
 
I do a lot of my own repairs (oil, brakes, general engine), but electronic issues are pretty much beyond the home garage repair.
 
I offered $13,000 on the 04 325xi with 50K on it. The guy hasn't responded to me. I'm thinking that means no deal?!
 
Now I'm considering an 01 330xi with 94K on it. However, the engine was replaced and only has about 50K on it (thermostat failure cause overheat and engine ruin). He also replaced the front control arms and bushings as well as the belts are new. The engine was also resealed for some small oil leaks.
 
Thoughts?

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