How's My CPO Deal Looking (Hopefully Good)?

hl0m4n · 10-17-2009, 04:49 PM

my lease is up in 2 months and i went in today to get some #s and below is a sum up of my deal if i want to finance it after, which i want to do. what do you guys think? help much appreciated. thanks guys

Car:
2007 e92 335i (Coupe)
Sport
Premium
Cold
CA
Navigation
Auto W/ Paddle
Original Fuel Pump & 100% Problem Free
Currently 36,300 Miles

Pice:
Car: $30,000
CPO: $3,000 (Warranty Bumped To 6 Year 100,000 Mile)
Car Total: $33,000 (Excludes Tax)
48 Month Finance: .9%
60 Month Finance: 1.9%
+x2 Month Free Payment (Nov+Dec): having these 2 free payments basically pays half of the CPO cost.

Residual (From Automated BMW Financial Phone Service): $34,125

Extended Maintainence: $1,800 (im debating if i should get this or not b/c i do my own oil change, air filter, cabin, etc and the only big thing that needs to be done is the rotors i believe other than that everything is pretty managable...anyone disagree about this?)

samchoi604 · 10-17-2009, 04:54 PM

seems good to me.

noro · 10-17-2009, 04:54 PM

What is your real residual price with BMW FS? use their automated system to get than number.

hl0m4n · 10-17-2009, 05:44 PM

Quote:

Originally Posted by noro

What is your real residual price with BMW FS? use their automated system to get than number.

o forgot to mention that it is $34,125 and change.

Maineiac · 10-17-2009, 06:16 PM

Just an FYI. I've been looking at 2007 and 2008 CPOs over the last two months or so. Every dealership build sheet that I've seen lists the cost of CPO at $2,095 - not $3,000.

noro · 10-17-2009, 08:30 PM

It sounds good I think. Unless you can get something similar off the lot for much cheaper. It is always good to get a car whose history you know since day 1, so if you find something in the similar price range your own car is still the better option.

noro · 10-17-2009, 08:40 PM

Oh by the way, as far as I know the phone payoff includes sales tax, so in case of the payoff from the automated service you may not need to pay extra for tax. Keep that in mind.

hl0m4n · 10-17-2009, 08:51 PM

Quote:

Originally Posted by Maineiac

Just an FYI. I've been looking at 2007 and 2008 CPOs over the last two months or so. Every dealership build sheet that I've seen lists the cost of CPO at $2,095 - not $3,000.

really? i have to check this out, are you speaking of the sticker on the window that displays the options, etc?

and thanks for info noro. i know and love my car since the 1st day i got it off the boat

no fuel pumps, etc would hate to get another on the lot to save a few miles on the car and have future problems...

Sal@AUTOcouture · 10-17-2009, 09:00 PM

Quote:

Originally Posted by noro

Oh by the way, as far as I know the phone payoff includes sales tax, so in case of the payoff from the automated service you may not need to pay extra for tax. Keep that in mind.

it varies by region. In NY/NJ its $2,995 for CPO.

klipseracer · 10-17-2009, 11:23 PM

My car:

2007 E90 335i
CA
Navigation
Auto
30,365 miles
$18,000 cash
Clear Title/Carfax
No financing charges - Title in hand.

Sorry, I had to throw this out there.

CollinsE90 · 10-17-2009, 11:26 PM

Quote:

Originally Posted by klipseracer

My car:

2007 E90 335i
CA
Navigation
Auto
30,365 miles
$18,000 cash
Clear Title/Carfax
No financing charges - Title in hand.

Sorry, I had to throw this out there.

wtf how?

blue2fire · 10-18-2009, 12:33 AM

Quote:

Originally Posted by CollinsE90

wtf how?

Late nights in the Garage.

persian54 · 10-18-2009, 12:48 AM

Quote:

Originally Posted by klipseracer

My car:

2007 E90 335i
CA
Navigation
Auto
30,365 miles
$18,000 cash
Clear Title/Carfax
No financing charges - Title in hand.

Sorry, I had to throw this out there.

seanmota54@yahoo.com

My friend is looking for a car

so email me more info

We may drive to AR

mjsmn · 10-18-2009, 08:18 AM

Quote:

Originally Posted by klipseracer

My car:

2007 E90 335i
CA
Navigation
Auto
30,365 miles
$18,000 cash
Clear Title/Carfax
No financing charges - Title in hand.

Sorry, I had to throw this out there.

You're kidding, right? So what's wrong with it?

David 12 · 10-18-2009, 09:58 AM

CPO plus you know the car - Sounds good to me. I would vote against the $1,800 extended warranty. You can do most of the maintenance stuff yourself anyway.

By the way, my lease is up next month and I wanted something different. I got a killer lease deal on a 2009 Cayman S PDK Sport Chrono.

I hate to leave the 335i fraternity though!!

John 070 · 10-18-2009, 10:07 AM

Quote:

Originally Posted by David 12

CPO plus you know the car - Sounds good to me. I would vote against the $1,800 extended warranty. You can do most of the maintenance stuff yourself anyway.

That's true, maintenance is a relatively predictable thing, it's the repairs that are not. But who wants to borrow $$$ for a 3 y.o. car for 60 mos., regardless of the rate? It's an 8 y.o. car by the time it's paid off for. There's no carrot or stick in that case, just a stick.

John 070 · 10-18-2009, 10:10 AM

Quote:

Originally Posted by mjsmn

You're kidding, right? So what's wrong with it?

My wife's aunt bought a 2k2 Honda Odyssey for $2500 from her brother, who is my godfather. I offered him $2750 and he laughed, when I said $2950 he joked to the aunt that he wants the minivan back. Sometimes people aren't looking to make money on a deal, the $ is just a token if you will of the transaction.

Without knowing the details, who cares about $18k for a 335 clean etc.

klipseracer · 10-18-2009, 11:46 AM

Quote:

Originally Posted by CollinsE90

wtf how?

Quote:

Originally Posted by persian54

seanmota54@yahoo.com

My friend is looking for a car

so email me more info

We may drive to AR

Quote:

Originally Posted by mjsmn

You're kidding, right? So what's wrong with it?

Quote:

Originally Posted by John 070

My wife's aunt bought a 2k2 Honda Odyssey for $2500 from her brother, who is my godfather. I offered him $2750 and he laughed, when I said $2950 he joked to the aunt that he wants the minivan back. Sometimes people aren't looking to make money on a deal, the $ is just a token if you will of the transaction.

Without knowing the details, who cares about $18k for a 335 clean etc.

I definitely did not buy this from a friend or family member. The car was in an accident and I am repairing it. I actually paid $12,500 for the car. By the time its fixed, I'll have approximately $18,000 into the car all together. You can view my progress here:

http://www.e90post.com/forums/showthread.php?t=297907

It does not have CPO nor the extended warranty that I'm aware of, although I have not asked about the extended warranty.

alenda · 10-18-2009, 01:50 PM

Sounds like we are in the same situation. I am also buying my car out from a 3 year lease. I put less miles than I anticipated and I dont want to lease a new one until I see what the LCI will look like, so I will wait a year or so and then make a decision.

My dealership is allowing me to buy the car out for the price that BMW set. I called to see if they would be willing to negotiate on the price and they said that they wont budge on the actual price of the car but will CPO the car for $0. Seems like a good deal for me especially with the low financing.

I will be going to the dealership tomorrow to get everything set. They will be giving me a loaner for a day or two to get the car ready for me.

I never hold on to cars very long, but I love this car and would be OK holding onto it for a bit longer.

10-17-2009, 04:49 PM	#1
hl0m4n Major General 2159 Rep 5,623 Posts Drives: BMW Join Date: Nov 2006 Location: NY iTrader: (58)	How's My CPO Deal Looking (Hopefully Good)? my lease is up in 2 months and i went in today to get some #s and below is a sum up of my deal if i want to finance it after, which i want to do. what do you guys think? help much appreciated. thanks guys Car: 2007 e92 335i (Coupe) Sport Premium Cold CA Navigation Auto W/ Paddle Original Fuel Pump & 100% Problem Free Currently 36,300 Miles Pice: Car: $30,000 CPO: $3,000 (Warranty Bumped To 6 Year 100,000 Mile) Car Total: $33,000 (Excludes Tax) 48 Month Finance: .9% 60 Month Finance: 1.9% +x2 Month Free Payment (Nov+Dec): having these 2 free payments basically pays half of the CPO cost. Residual (From Automated BMW Financial Phone Service): $34,125 Extended Maintainence: $1,800 (im debating if i should get this or not b/c i do my own oil change, air filter, cabin, etc and the only big thing that needs to be done is the rotors i believe other than that everything is pretty managable...anyone disagree about this?) __________________ Cars: 07 335i ► 08 328i ► 11 328xi ► 13 M3 ► 17 M4 ► 14 M6 Last edited by hl0m4n; 10-17-2009 at 05:45 PM..
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10-17-2009, 04:54 PM	#2
samchoi604 Colonel 60 Rep 2,334 Posts Drives: black on black Join Date: Mar 2009 Location: Burnaby, BC iTrader: (3)	seems good to me.
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10-17-2009, 04:54 PM	#3
noro Colonel 90 Rep 2,707 Posts Drives: '91 M3, '04 E46 ZHP, '72 2002 Join Date: Aug 2006 Location: Boston iTrader: (0)	What is your real residual price with BMW FS? use their automated system to get than number. __________________ zhpregistry.net - ZHP stats and free classifieds.
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10-17-2009, 06:16 PM	#5
Maineiac Private 19 Rep 73 Posts Drives: BSM M4 Join Date: Oct 2009 Location: Maine iTrader: (1)	Just an FYI. I've been looking at 2007 and 2008 CPOs over the last two months or so. Every dealership build sheet that I've seen lists the cost of CPO at $2,095 - not $3,000.
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10-17-2009, 08:30 PM	#6
noro Colonel 90 Rep 2,707 Posts Drives: '91 M3, '04 E46 ZHP, '72 2002 Join Date: Aug 2006 Location: Boston iTrader: (0)	It sounds good I think. Unless you can get something similar off the lot for much cheaper. It is always good to get a car whose history you know since day 1, so if you find something in the similar price range your own car is still the better option. __________________ zhpregistry.net - ZHP stats and free classifieds.
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10-17-2009, 08:40 PM	#7
noro Colonel 90 Rep 2,707 Posts Drives: '91 M3, '04 E46 ZHP, '72 2002 Join Date: Aug 2006 Location: Boston iTrader: (0)	Oh by the way, as far as I know the phone payoff includes sales tax, so in case of the payoff from the automated service you may not need to pay extra for tax. Keep that in mind. __________________ zhpregistry.net - ZHP stats and free classifieds.
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10-17-2009, 11:23 PM	#10
klipseracer Banned 219 Rep 3,012 Posts Drives: 2007 E90 335i, 05 E46 330i Join Date: Aug 2009 Location: Arizona iTrader: (27) Garage List 2007 335i [0.00] 2005 330i [0.00]	My car: 2007 E90 335i CA Navigation Auto 30,365 miles $18,000 cash Clear Title/Carfax No financing charges - Title in hand. Sorry, I had to throw this out there.
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10-18-2009, 09:58 AM	#15
David 12 Major 127 Rep 1,048 Posts Drives: 2019 BMW X5 50i BSM, M Sport Join Date: Jan 2007 Location: Omaha iTrader: (0)	CPO plus you know the car - Sounds good to me. I would vote against the $1,800 extended warranty. You can do most of the maintenance stuff yourself anyway. By the way, my lease is up next month and I wanted something different. I got a killer lease deal on a 2009 Cayman S PDK Sport Chrono. I hate to leave the 335i fraternity though!!
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10-18-2009, 01:50 PM	#19
alenda Private 2 Rep 92 Posts Drives: 07' E92 335i Join Date: Jun 2006 Location: West Hartford, Connecticut iTrader: (0)	Sounds like we are in the same situation. I am also buying my car out from a 3 year lease. I put less miles than I anticipated and I dont want to lease a new one until I see what the LCI will look like, so I will wait a year or so and then make a decision. My dealership is allowing me to buy the car out for the price that BMW set. I called to see if they would be willing to negotiate on the price and they said that they wont budge on the actual price of the car but will CPO the car for $0. Seems like a good deal for me especially with the low financing. I will be going to the dealership tomorrow to get everything set. They will be giving me a loaner for a day or two to get the car ready for me. I never hold on to cars very long, but I love this car and would be OK holding onto it for a bit longer. __________________ 2007 335i Coupe - Took Delivery on 11/08/06 Jet Black - Black Leather - Alum Trim Premium - Sport Nav - Sat - PDC - Rear Sunshade
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