Buying a Used 3-Series

758 messages,  Last post on Dec 17, 2012 at 9:34 AM

You are in the BMW 3-Series Forum.

What is this discussion about? BMW M3, BMW 3 Series, Motorsports, Engine, Suspension, Car Buying, Coupe

#526 of 758 Re: How does CPO work? [ivan_99] by bmw_gss

Aug 23, 2010 (12:30 pm)

Replying to: ivan_99 (Aug 23, 2010 10:57 am)
Thanks Ivan. This is a 2010 328 XI with 6K miles - has the premium and value pacakges on it. So far got it to 33K, trying to get it down a bit more - do u think thats good enuff or there is room? Warranty ends 2013, so was not sure if I shud get the ext warranty which is what u responded to. Need to chew on what u suggested, leaning to not going for it...

#527 of 758 Re: How does CPO work? [bmw_gss] by ivan_99

Aug 24, 2010 (12:54 am)

Replying to: bmw_gss (Aug 23, 2010 12:30 pm)
When I do an autotrader & carmax search i find nothing that is close to 33k.
 
Seems like a fabulous price...but if there's still wriggle room then more money in your pocket.
 
If you're going to keep the vehicle for a long period of time I can see some 'potential' benefits...A co-worker of mine keeps his cars for 10 years, but never buys extended warranties (a Ford to 250k+ miles)...Now in a G37 coupe.
 
I had a Q45 a couple years ago which i purchased used. The previous owner had all documentation. The previous 18 months or so he spent over $7k for repairs. I had another $400ish...for one year before it passed away (murdered by a tree)...
 
If you keep it for 10 years it would be a shame to get to year 8 and have to replace anything major; but the 3 series seems to have a pretty good reliability record.
 
I suppose with an extended warranty you're guaranteed to have costs (the initial anyway) whereas if you 'chance' it you may or may not spend more than your initial outlay.

#528 of 758 2006 BMW 330xi by sjl2010

Aug 25, 2010 (5:18 am)

I am thinking of purchasing a used 2006 BMW 330xi and I'm hesitant. I've never owned a BMW before and I understand the cost of repairs can be high. I was wondering if anyone knows of any common problems with this particular model and if there's anything I should be aware of prior to purchasing this vehicle. The miles are a little bit high, so that's a concern for me as well.
 
Thanks!

#529 of 758 '06 330Xi by nyccarguy

Aug 25, 2010 (11:43 am)

How many miles are on the car? What is the asking price? Are you buying from a dealer or private owner? Is the car stick or automatic?
 
High miles on an E90 330xi wouldn't bother me as long as the vehicle has documented records of it's service history. Have a pre purchase inspection done by a BMW dealer or independent mechanic who specializes in BMWs.
 
If everything checks out ok, then join BMWCCA to receive a fantastic magazine and get discounts on parts.
 
If it doesn't check out, don'tbe afraid to walk away. There are plenty of '06 330xis out there.

#530 of 758 Re: How does CPO work? [ivan_99] by bmw_gss

Aug 26, 2010 (4:37 pm)

Replying to: ivan_99 (Aug 24, 2010 12:54 am)
Did you say the 33K was good for OTD? Coz I could not get it any lower, so its 33K for a 2010 (328xi 6k miles - premium, value, heated seats, heated steering wheel)....comes out 36 OTD price. Still think its a good deal?
 
It has about 3 years 3 months on the warranty left, so I think I will not for the extended warranty just yet.
 
Also, if I decide to get extended warranty what is recommended - there seem to be so many packages? Also are these packages dealer driven or BMW driven?

#531 of 758 Good price for a 2007 328xi? by marcmax1

Aug 26, 2010 (6:18 pm)

I'm considering purchasing a CPO 2007 328xi (about 30K miles) with premium package (heated front seats, bluetooth, BMW Assist) and wonder what a fair price is.
 
How much room do dealers have with this type of car? There seems to be a lot of them listed in the inventory I've found on line. . .
 
How much does location factor into this? I'm between NYC and Philly.
 
Thanks!

#532 of 758 Re: How does CPO work? [bmw_gss] by ivan_99

Aug 26, 2010 (10:22 pm)

Replying to: bmw_gss (Aug 26, 2010 4:37 pm)
hmmm...
 
When I plug those options into Edmunds TMV I get
MSRP: 39,365
Invoice: 36,255
TMV: 35,388
 
Plus it shows a $2k Manufacturer to Dealer rebate...which I believe is included in the TMV of $35,3K.
 
This was for a manual...add $1,300 to all figures for auto.
 
So if all others "could" get the same vehicle for 35.3k then you're getting a 'deal' of $2,300...for 6k miles (may be a hard 6k...or not)
 
Or...you could look at it like MSRP 39,365 - 33,000 = $6,365 saving...some people do pay sticker.
 
It's a small saving...approx 6.4% off of the TMV price, but the TMV is already below invoice.

#533 of 758 2008 335i CPO Price by bballww21

Aug 27, 2010 (7:38 am)

Hey guys,
 
I am currently shopping for a CPO 335i and this is what I found.
 
Asking price = $32900
After 1st round nego. = $31800
2008 335i Coupe
Mileage: 24,188
options:
Premium Package
Sport Package
Cold Weather Package
Navigation System
Comfort Access Keyless Entry System
iPod/USB Adapter
 
The only thing that I am not sure with this car is that its carfax shows 3 owners. It was originally a dealers demo car and then it was leased out. The lease was then transfer to another guy. Should I be concerned with this?
 
What's the fair price for this car?
Thanks

#534 of 758 Re: 2008 335i CPO Price [bballww21] by qbrozen

Aug 27, 2010 (9:52 am)

Replying to: bballww21 (Aug 27, 2010 7:38 am)
stick or auto?
location?
 
assuming an auto trans and northeast location, that's a pretty good price for CPO. ~$4k over wholesale.
 
I wouldn't be concerned about the number of owners, personally.

#535 of 758 Re: 2008 335i CPO Price [qbrozen] by bballww21

Aug 27, 2010 (11:31 am)

Replying to: qbrozen (Aug 27, 2010 9:52 am)
automatic trans.
I live in NY.
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