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Coupes & Convertibles BMW 1-Series BMW 1-Series
1728 messages, Last post on Nov 20, 2008 at 10:33 AM
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Replying to: fedlawman (Oct 11, 2008 5:37 pm) BMW finds itself in a bind. They were the ideal leasing company as few of us would take a chance on long-term ownership. Now with the focus on buying, they will have fewer future customers and their bottom line will take a big hit in the USA. Seeing a BMW on our highways, I'm afraid, will soon be a rare occurrence several years hence. For the very brave or the hyper vehicle-traders among us, the entire BMW line of remaining 2008's (including the entire one Series line) is on sale for only 0.9% financing through BMWFS.
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Replying to: hpowders (Oct 11, 2008 4:00 pm) Fair enough, but how is this year different from last or the one before? They've been bringing in any number of vehicles over the past several years off leases for residuals that were nowhere near reality. When, and why did they finally get religion?
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Replying to: cdnpinhead (Oct 12, 2008 3:49 pm) As a result, fewer "pretenders" will be driving BMW's, restoring some well-needed status to the brand. If BMW thinks the majority of leasees will all of a sudden be converted into buyers, I believe they are quite mistaken. They can offer 0.0% loans, but most folks won't bite because they will be justifiably concerned about expensive out of warranty repairs 4 years down the road. The only thing that makes sense to me is to buy for cash or 0.9% for 3-4 years and then trade the car in at the end of the four year warranty for a new one. BMW must really be hurting-for the first time the entire 2008 1 Series line is being offered for sale at 0.9%
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Replying to: hpowders (Oct 12, 2008 4:09 pm) I hope you're right. However, BMWNA appears to think that status is in the wallet of the beholder. The folks who read Roundel are so, so far away from the vast majority of the people who acquire one new. Many of the articles have to do with cars that can't be bought, either any more, or at all -- small-displacement diesels, the 2002, the 1600, you name it. BMWNA brings what they want to the U.S. and the market will speak over the next few years. It should be interesting. FWIW, I'd be driving a BMW today if I could get a 2 or 2.5 litre diesel wagon with a manual. Or, I could flap my arms and fly to the moon (credit Charles Shultz). Then there's that run-flat tire thing & the dipstick thing. The dipstick wouldn't be so bad if the high-tech substitute actually worked when it was introduced, but it didn't. My put is that BMW is in deep s (let's say stuff). This is going to be interesting to watch.
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Replying to: hpowders (Oct 12, 2008 6:10 am) No doubt true, but try finding a base BMW available, especially when one ventures beyond the 3-series. Even for a 1 or 3 series, one would have trouble finding one without the premium package. |
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Replying to: cdnpinhead (Oct 12, 2008 4:27 pm) BMWNA is really hurting.... no doubt about it.... I have never seen an entire BMW line for sale at 0.9%. With so many 2008's piling up, the outlook for the 2009's looks bleak at best. BMW will have to seriously cut production to the USA. |
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Replying to: bodble2 (Oct 12, 2008 5:42 pm) I have done an extensive search of Florida BMW dealer's new inventory and unfortunately most of the bare-bones 2008 1 and 3 Series vehicles that are left come with AT at a minimum. |
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| BMW is offering cheap financing is it safe to assume the 1 is being sold for under MSRP? | |
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Replying to: hpowders (Oct 12, 2008 7:59 pm)
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Replying to: bodble2 (Oct 12, 2008 8:30 pm) |
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