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You are in the Prices Paid - Buying & Leasing Experiences
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BMW X3, SUV
#1541 of 1854 Best time to sell brand new 2009
Sep 26, 2009 (6:56 pm)
I do not see a folder for Prices When Sold and Selling Experiences.
Does anyone know when it makes sense to sell a brand new 2009 X3 AT in favor of a different car from a different manufacturer?
Right now, to sell it back to the dealership costs about 20% of the purchase price. That means that driving this around for 1 month cost 20% of the purchase price. It also means providing more profit to the dealer and BMW which just adds insult to injury even though I do not blame the dealer.
I suspect that driving it around for 6 months, unless I am putting more than 1500 miles on it in a month i.e. significantly more than average, doesn't cost much more than 20% of the purchase price. Has anyone actually done this with a
BMW or similar car?
I'm just looking for options. I don't know yet if this qualifies for lemon lawing although it still may since it appears to be picking up new ticks.
#1542 of 1854 Re: Best time to sell brand new 2009 [pp2009pp]
Sep 27, 2009 (6:31 pm)
You're going to get killed either way, today, tomorrow, or 6 months from now - pick your poison. You have an '09 x3 that had an MSRP somewhere in the $40K ish neighborhood. The dealer has to buy it back from you and sell it at a profit for significantly less than a new '09 X3 (0 miles). If you are truly unhappy (and it seems like you are), then shop the car around. Get quotes from your dealer (which you have), I hear carmax always offers more than a dealer does, try other BMW dealeships. You never know. Good luck!
#1543 of 1854 Re: Best time to sell brand new 2009 [nyccarguy]
Sep 27, 2009 (8:51 pm)
Difficult to say. Right now I am so angry about this that I am not going to make any quick decisions.
This HOJ may head back to the dealership yet again this week as the cold weather apparently exacerbates the well known problem with the AT. Unbelievably, things could actually get worse with this HOJ.
I will say that that along with others who have been saddled with BMW JUNK, I am happy to relate my personal experiences with as many people as I can. I could have paid 1/3rd of the price and not had anywhere near this kind of headache.
BMW is not a premium brand, it is just a car company selling over priced, under performing cars. And, no, I do not think BMW cares one iota about disgruntled customers. Note the huge number of transmission problems in a variety of BMW models from earlier this decade at noreverse.org. There, you can read a litany of complaints about new transmissions costing thousands of dollars to replace because one day the BMW simply refused to go into Reverse,
You can also go to the forums on the BMW X3 Automatic Transmission problems. There are also a litany of complaints spanning three years about this same set of problems.
What a nightmare.
Sep 28, 2009 (3:51 pm)
A reporter is looking to speak to consumers who have recently purchased a compact SUV in the past six months. If you’ve downsized from a larger SUV, please let me know. Please send your daytime phone number to ctalatiedmunds.com by Friday, October 2, 2009.
#1545 of 1854 2009 X3 CPO
Jan 28, 2010 (6:44 pm)
HI, I got a offer of a 2009 BMW X3, CPO, 11000 miles, full loaded, MSRP $51200
is this a good deal?
#1546 of 1854 Re: 2009 X3 CPO [akju]
Jan 30, 2010 (7:09 pm)
Wow, that's a 25% decrease in the price of last year's car. Talk about depreciation.
Have you driven it yet? It isn't a good deal if it has the AT and ride issues which it should. Have you looked at a less well-endowed X5 instead?
I would really drive it over varied roads at various speeds and up and down hills to see how comfortable (or uncomfortable) it is. Does it jerk back and forth when accelerating? Does it slow down hard when coasting to a stop? Does it hesitate when accelerating from a stop? Does it bounce around on less than perfect roads?
All I can say is OUCH. 25% over 11,000 miles?
#1547 of 1854 Re: 2009 X3 CPO [pp2009pp]
Feb 04, 2010 (9:12 am)
Thanks for your input!
That X3 has been listed over 2 months and still there. I did not to to test drive it. The dealer is 200 miles away from my home. Right now the dealer decrease the list price from $39954 to $38956. I am sure I can get it on $38000 OTD. However, this X3 has black exterior and black interior. I saw a similar color in another closed dealer and I hate everything black inside. So I would not consider this one.
#1548 of 1854 Re: 2009 X3 CPO [pp2009pp]
Feb 04, 2010 (2:23 pm)
OUCH. 25% over 11,000 miles? To the original owner that's MORE OUCH! I had my 07 X3 for almost 3 years, still cost me close to $1 per mile depreciation before running costs. That's per HORRIBLE and UNBEARABLE mile.
#1549 of 1854 Re: 2009 X3 CPO [MLB6]
Feb 04, 2010 (3:13 pm)
I'm with you. After coming to the conclusion that my 2009 X3 was the single most uncomfortable car I had ever driven much less owned I decided to figure out what depreciation was: 20%...in 1 month. Even then I thought hard about it.
I am still hoping for some s/w improvements and for some engineer at BMW to finally figure out what is going on with the suspension....I know I will be waiting until he** freezes over but such is life with the X3.
It really is too bad. The X3 has many nice features including great handling, great brakes, well thought out interior, utility + luxury, tight turning radius, great pano roof and plenty of power even for its 2 tons. When it is behaving itself it is great fun to drive.
#1550 of 1854 Re: 2009 X3 CPO [pp2009pp]
Mar 02, 2010 (10:35 am)
Hi, I came to this site to search for any experience and reviews about bmw x3 from the current owners. I guess you're not having good time with this car.
I'm just wondering... with all the recalls with toyota, have you ever tried to contact the manufacturer? I betcha that they would start taking consumer's complaints seriously these days. From what I read on the net, it seems that you're not the only one having issues with bmw.