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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > New & Preowned BMW Ordering / Pricing / Tracking Information Forum (including European Delivery) > End of Lease - Given Buy Out Price. Thoughts?



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      06-07-2012, 05:05 PM   #1
Nas23
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End of Lease - Given Buy Out Price. Thoughts?

Hello all.

I want to thank this forum for helping me 3 years ago with acquiring my first BMW. I have a 2009 BMW 328xi coupe, that I love.

My lease ends at the end of July. I am not sure what direction to go. I really enjoy this car. I do like the new 3 series sedan, just not as much as my current car. But I would prefer getting into the sedan than into a new E92 coupe if I was not to purchase my current coupe.

Here is my car, and here is the pricing I received as follows. Would appreciate any thoughts on purchasing this car. And any tips on bargaining further.

2009 328xi coupe
Metallic Paint
Automatic Transmission
Paddle Shifters
Premium Package
Sport Package
Cold Weather Package
Navigation
Xenons

On cue to have just about 36,000 miles at end of lease. Currently at 34,500 miles. Residual is $29,000.

Dealer Offering me the following pricing:
Selling Price: $25,500
CPO: $2475
Extra Maintenance: $2295
New Tires (likely): $1500 (estimate)
Total with Tax: $35,400 (includes CPO warranty and "free" maintenance).

I get nervous about the long-term reliability of this car. I've had no issues other than the brake lights or angel eyes being out previously. I heard the 45,000 mile service is the big one. I am unsure how much this would cost, or if it's worth getting the Maintenance plan. I figure, if I buy the car, then I will keep it for the 6 years.

Any thoughts on bargaining further and thoughts on my current deal would be appreciated.

Thank you.
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      06-07-2012, 06:24 PM   #2
gl512
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u could easily get a 335i couple cpo for that total price he's offering you.
if you're happy with the 328xi, you could go for a newer 2011.
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      06-07-2012, 07:16 PM   #3
Nas23
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What do you think if I just buy the car for $25,500? Think it's a good deal? I am hoping to get it even lower, perhaps, $24,500 before taxes.

Thank you for replying.
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      06-08-2012, 02:40 PM   #4
Cb4h
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If you can get it for the $24.5 imho i dont think thats a terrible price. I love my 10 328 cpe its been awesome SUPER reliable...the I6 is pretty much bulletproof so as long as you take care of her she will take care of you....the old saying "if your good to mama, she'll be good to you"

I would not purchase the extra maintenance, simply bc prepaid mantenance never pays for itself imho. How many oil changes, brakes, etc have you had done under your lease?

Personally, i would try to get them down on the CPO as well and the car....they have some flexibility in the CPO warranty i am told....also if you use only one dealer maybe try the third party warranty they endorse if you are truly wanting a warranty, which is always a good piece of mind. If you are contemplating getting a new coupe when they come out in a 1.5 then i would buy the car and run the risk of no warranty, if it has been a reliable car as you seem to state it has.

Sorry for the long post but recap
but the car at lowest price possible....haggle the CPO...dont do maintenance...keep the car till new coupe comes out ...decide if you like new coupe if not get something else...by then you basically will have no car payment and lots of equity. Just my opinion take it or leave it
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      06-13-2012, 03:37 PM   #5
Nas23
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Bump. Would appreciate any feedback as I need to make a decision *very* soon on my car.

Residual: $29,100. I had given MSD to lower my payments, so they would sell it for $26,100 and keep my $2000 security deposit. Basically I be paying $28,100 plus new tires soon. That's looking at $31.5k-ish for this car.

I'm not sure if it's worth keeping it or getting another car for now, that's cheaper and I can drive till the F32 comes out.

Would appreciate any thoughts regarding my current car.

Last edited by Nas23; 06-13-2012 at 04:32 PM.
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      06-19-2012, 08:42 AM   #6
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Quote:
Originally Posted by Nas23 View Post
Bump. Would appreciate any feedback as I need to make a decision *very* soon on my car.

Residual: $29,100. I had given MSD to lower my payments, so they would sell it for $26,100 and keep my $2000 security deposit. Basically I be paying $28,100 plus new tires soon. That's looking at $31.5k-ish for this car.

I'm not sure if it's worth keeping it or getting another car for now, that's cheaper and I can drive till the F32 comes out.

Would appreciate any thoughts regarding my current car.
Turn it in and get your deposit back. Also, you can only extend if you have a new BMW on order and the new coupe is still a year away.
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