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Buying a Used 3-Series

455 messages, Last post on Oct 16, 2009 at 6:36 PM
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Newbie here, starting to take a look at a pre-owned (or CPO) 3-series of model years 2006-2008. Budget is around 23K for the car, excluding taxes and others. Seeing a lot of 2006/330i CPO model in dealer lots that has around 40K miles. There is extended warranty of 60 yr/100K mile on these cars. Initial dealer quotes are around 27K (did not start to negotiate till now) Questions:- 1. What would be a fair price for a 2006/330 with 40K miles, in Bay Area ?. 2. Any advice on whether or not to go for it ? (my other option is most likely a 2007- 328) 3. There is a 2007 -328 ex-loaner car for about 25K. Need inputs on if its okay to buy an ex-loaner. Thnx
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Replying to: zayir (May 08, 2009 11:21 pm)
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Replying to: carnaught (May 09, 2009 6:23 am) I am looking only at CPOs; so, extended warranty should come standard (6yr/100K miles) Is there anything specific to be looked upon in the service history ? Thanks
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| Hi, I have the chance to purchase a fully loaded 2008 335xi coupe with about 20,000 miles for $36,000. Is this a good price? The car is in immaculate condition. Thanks! | |
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Replying to: zayir (May 09, 2009 7:01 pm) |
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I'm looking at a 2001 325i wagon with 147,000 miles on it. I will drive it as my principal car for the next 18 months at which point my insurance will revert to normal. I would want to keep it on after that as a utility, haul bike, around town, farmers mkt type of car. Do 3-series make it this long? It is being offered for $7600. Thanks.
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Replying to: vlm (Jun 25, 2009 9:33 am) You can figure, statistically, that a modern car can do 175K-225K before major catastophe sets in---but a car like the one you're thinking of buying has to have had good care. It makes no sense to buy a miled-up car that hasn't had much maintenance, with everything deferred for YOU to take care of. If it hasn't had suspension work, or cooling system work, you're going to be paying for that soon enough I think. Get it checked out thoroughly at an indy shop and then use the report to negotiate a better price.
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Replying to: Mr_Shiftright (Jun 25, 2009 10:47 am) Thanks for the response. According to Kelly Blue book, the retail is $9110 and the private-party is $7110. It has sport and premium, multi-cd, roof rack, and leather. Thanks for the tip on suspension, etc. I will take it to a mechanic for pre-purchase for sure.
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Replying to: vlm (Jun 25, 2009 2:13 pm) Try Edmunds TRUE MARKET VALUE PRICING it's better I think! (he would say that, wouldn't he?)
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Replying to: Mr_Shiftright (Jun 26, 2009 7:36 am) The values it gives straight up are: trade:$6,299 private party: $7,595 retail: $8,944 They are asking $7950, I was going to offer $7200 or so. Thanks.
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