Last post on Nov 13, 2013 at 8:08 AM
You are in the BMW 1-Series
What is this discussion about?
BMW 1 Series, Coupe, Convertible, Sedan
#1433 of 1843 Re: She's Right! [davidd3]
Jun 10, 2008 (7:31 pm)
Well, the 2009's will be coming out sometime in the fall, so it is normal for the residuals to be dropping during June on the 2008's. It looks like BMW is not having any trouble moving out the 1 and 3 Series vehicles. Their big concern is what the heck to do with vehicles like my 2005 545i coming back to BMW off lease this summer that get only 20 mpg and will be expensive to maintain starting a year from now after the warranty expires.
#1434 of 1843 good feature to BMW 1 Series
Jun 10, 2008 (8:24 pm)
The BMW 1 Series (code name E87) is a small-luxury car / small family car produced by the German automaker BMW since 2004. The 1 Series is the only vehicle in its class featuring rear-wheel drive and a longitudinally-mounted engine.
#1435 of 1843 Re: She's Right! [hpowders]
Jun 11, 2008 (7:59 pm)
20 mpg is not bad. Most midsize cars are epa city rated at less than 20 mpg.
#1436 of 1843 Re: She's Right! [moparbad]
Jun 12, 2008 (3:59 am)
Right. 20 mpg is terrific for a 4.4 liter 325 hp V8. The reason I will not buy it is the inevitable high maintenance costs after year four. The vehicle has so much technology. The repair bills down the road will be very high.
#1437 of 1843 Re: She's Right! [hpowders]
Jun 12, 2008 (7:40 am)
Shouldn't history serve as some indication? If your car has been completely trouble-free thus far, would the repairs really explode just because the car passes some point on the calendar?
It seems you have a low-mileage, trouble-free car with great performance and decent gas mileage that you can retain at or below market value. If it were me, I would think twice about it.
Jun 12, 2008 (7:54 am)
count on BMW raising residuals any time soon. Just a hunch on my part. They had to write off over 300 million in losses due to inflated residual values last year.
They are realizing what a lot of us have been saying for a while. The residuals don't reflect real world prices.
All that said, BMW's still hold their mud better than most.
#1439 of 1843 Re: She's Right! [bodble2]
Jun 12, 2008 (8:37 am)
What you say sounds great on paper, but the vehicle has so much technology, who knows how much some of it will cost to fix when the time comes? I read in Roundel that BMW automatic transmissions are eventually troublesome over the long term.
Another thing-with the 4 year free maintenance, all of a sudden oil changes became necessary at 15,000 mile intervals. Before the free maintenance, BMW required you to bring the car in at 1500 miles and after that more frequently for oil changes. As soon as they began picking up the tab, it became "see you every 15,000 miles." True, the oil is synthetic, but can I buy a vehicle that has had its oil changed at 15,000 mile intervals? That's still a lot of miles, even for synthetic oil. Who knows what the effect will be on that expensive V8 engine by years 5 through 8?
#1440 of 1843 Re: She's Right! [hpowders]
Jun 12, 2008 (9:18 am)
I read in Roundel that BMW automatic transmissions are eventually troublesome over the long term.
Read it again, Roundel's techies say BMW's A/Ts are troublesome if you make the mistake of believing BMW's BS about "Lifetime Fill". They believe new trans oil and filters at 60-70K intervals will result in good service life.
The A/T in my E39 528iA shifts more smoothly at 105K than the one in my MIL's LeSabre at 35K.
#1441 of 1843 Re: She's Right! [andys120]
Jun 12, 2008 (9:25 am)
Yes. They did mention that "lifetime fill" stuff. Glad to hear what you said about your AT.
Well, BMWFS came down twice already on the buyout price. It is now at $28,700 from an original $34,300. A trouble-free 2005 545i with 25,800 miles, no dings, new Conti tires, AT, non-sport, premium package and comfort seats.
Something tells me, they will come down even further on the buyout price. According to inventory data, my dealer has four 2005 545i's sitting on his lot already. They don't want my vehicle back. For me to be interested, they will have to come down a bit more.
#1442 of 1843 Re: She's Right! [hpowders]
Jun 12, 2008 (4:29 pm)
Even if it does need some major repairs down the road, it's still cheaper than a new car.
$28,000 for a like-new 545i is a screaming deal. I've seen E46's selling for that.