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      04-08-2014, 12:41 PM   #1
Dmpt
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Please help :)

I have 3 months left on my lease. I drive 2008 e93. the price that they are offering me is $19,000 + HST... My car has currently 110 k. Is it worth keeping it or not... I'm paying $850 monthly.. Can someone help me
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      04-08-2014, 01:34 PM   #2
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It's a not bad price. The going rate for an E93 with 110K is 20-23K.
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      04-08-2014, 01:56 PM   #3
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Depends, I wouldn't. If your cash flow is not a problem keep leasing (if you're self employed even better, write off the interest and all xD). BMW especially 100k+ starts to get small problems here and there. And if major things haven't failed yet (like Waterpump, suspension bushings, turbos, etc) it is bound to happen soon. So if you absolutely adore the car and want it, good deal, not bad for $19,000. But if not, then just move on to something newer and better =D

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      04-08-2014, 02:12 PM   #4
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I had the water pump and fuel pump replaced last year ...thanks anyways
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      04-08-2014, 05:18 PM   #5
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Quote:
Originally Posted by Dmpt View Post
I have 3 months left on my lease. I drive 2008 e93. the price that they are offering me is $19,000 + HST... My car has currently 110 k. Is it worth keeping it or not... I'm paying $850 monthly.. Can someone help me
am a little confused, is the $19,000 the same as the residual value in your lease agreement?
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      04-08-2014, 05:22 PM   #6
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Originally Posted by EDGE328i View Post
am a little confused, is the $19,000 the same as the residual value in your lease agreement?
Yes it is
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      04-08-2014, 06:50 PM   #7
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Extended warranty if your going to keep it or time to move on ?
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      04-08-2014, 07:05 PM   #8
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Extended warranty if your going to keep it or time to move on ?
No warranty
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      04-08-2014, 07:14 PM   #9
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No warranty
The car was bought from States and I didn't have warranty on maintenance services in Canada!!
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      04-08-2014, 09:12 PM   #10
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Quote:
Originally Posted by Dmpt View Post
The car was bought from States and I didn't have warranty on maintenance services in Canada!!
I'm confused. You leased it from the U.S.? How is that even possible?
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      04-08-2014, 09:58 PM   #11
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I'm confused. You leased it from the U.S.? How is that even possible?
No, I leased it from a dealership in Toronto, they had bought the car from U.S..
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      04-09-2014, 07:13 AM   #12
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$19k is not a bad price at all
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      04-09-2014, 08:23 AM   #13
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No, I leased it from a dealership in Toronto, they had bought the car from U.S..
They bought the car from the U.S. and didn't honor the maintenance? What a joke. It's the least they could have done.
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      04-09-2014, 09:11 AM   #14
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BMW Toronto?
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      04-09-2014, 09:12 AM   #15
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Quote:
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They bought the car from the U.S. and didn't honor the maintenance? What a joke. It's the least they could have done.
+2...I would have walked away after reading that fine print...
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      04-09-2014, 09:33 AM   #16
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BMW Toronto?
A private dealership
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      04-09-2014, 09:34 AM   #17
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A private dealership
Ahhhhh.
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      04-09-2014, 10:02 AM   #18
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Quote:
Originally Posted by Ibi View Post
$19k is not a bad price at all
I have already paid $42,000 ---> 4-yrs lease
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      04-09-2014, 10:22 AM   #19
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Makes sense that it was a private dealership...How long ago did you purchase the car? I assume, based on the fact that the car will come out to $62k once all said and done, it was purchased new by you. Did you manage to save any money from the transaction?
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      04-09-2014, 10:24 AM   #20
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ok, when I was looking at getting one of those us cars I have been told that the free maintenance will not be honored but the vehicle warranty will be. Now this is what that dealer was telling me while trying to make the sale and I never did confirm that with the bmw. Cold feet and I did walk away from it, mind you price was more attractive but there must be a reason why You should call bmw dealer and see if you can still purchase the extended warranty
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      04-09-2014, 10:26 AM   #21
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Quote:
Originally Posted by grzes View Post
ok, when I was looking at getting one of those us cars I have been told that the free maintenance will not be honored but the vehicle warranty will be. Now this is what that dealer was telling me while trying to make the sale and I never did confirm that with the bmw. Cold feet and I did walk away from it, mind you price was more attractive but there must be a reason why You should call bmw dealer and see if you can still purchase the extended warranty
From what I understand, it was honoured on a dealer-dealer basis...
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      04-09-2014, 10:29 AM   #22
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I got my e90 with 50k for $20 w/full warranty. Doesn't that seem a little high for that many miles?
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