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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > General E90 Sedan / E91 Wagon / E92 Coupe / E93 Cabrio > Test drove a couple coupes today, impressions and what to do now?



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      12-31-2012, 06:12 PM   #23
mxa121
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Thanks for all the quick replies.
Good points on the fact that this is the last e92 335i and if buying new i should get the f32.
I think i have decided to go cpo. As far as an is goes, i like them a lot but they are above my price point. Honestly the only way i could even get a new car is with lease or select financing to lower the payments. Soo a used 335i or maybe 328i will be my best bet i think, a used 335is is about 40k.

I am still going to test drive a manual 328i and 335i to see how they are. For now i think ill save a little and try to make a decision in the next couple months, my truck gets 14mpg and sucks to drive daily.
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      12-31-2012, 09:29 PM   #24
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Im surprised that only 1 person agreed with my advice to buy a car outright instead of taking on debt. A car is a HORRIBLE investment 99.9% of the time. Unfortunately it is far too common in our country to live outside our means. I digress...
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      12-31-2012, 10:05 PM   #25
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Don't buy new. As other have stated, BMW's depreciate very rapidly. With a new body style coming out before you know it, the value of the current models is set to plummet even more.

You won't regret going CPO. You let the first guy take the huge loss for you, you're covered if things break, and you can look around and find exactly what you want for the price you're comfortable spending instead of paying top dollar for every little feature and dealership fee.

There are several reasons these cars do not hold their value. One of them is the fact that they are so damn expensive to fix after the warranty is gone. Factor this into your decision making, and find a beauty with low miles and lots of warranty left. I also wouldn't plan on owning it for 5-7 years. I'm planning to be rid of mine when it hits 75k because I'm learey of the expenses that will likely start to crop up as it gets older.

I'm not sure where you are located, but consider buying in Cali or Florida where there are tons of these cars around. Those markets are significantly more saturated, and prices are much better. A car that would go for 45k where I live (PA) could very well go for 35k in one of those places, where they are a dime a dozen compared to this area where I have only ever seen maybe 4 or 5 other 335's on the road. Myself and one of the other doctors at work have E9x 335's, and I think I've only ever seen 3 or 4 of them in person. Not kidding. They mark them up here, as I imagine they do in other places where they are less common.

That said, if you want a 328xi sedan, this is the place to buy. They are everywhere you look, and this market is saturated with them.
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      01-01-2013, 10:23 AM   #26
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Get the 335i if possible bro. Trust me man you get jealous very easily when you don't have turbos
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      01-01-2013, 11:38 AM   #27
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Quote:
Originally Posted by jacobsed View Post
If you don't have the cash then you can't afford it. Playing the spreads on interest rates for a car purchase is ridiculous. 0% is not interest free money because you only get that rate for a new car and you'll take a beating on depreciation. Go find yourself a used 2006 in great shape and pay no more than $15k with cash.
Thats not necessarily true, sometimes buying cash vs. financing is a matter of personal preference and not "whether you can afford something or not." I'm in the car business now and manufacturers do offer 0% on CPO vehicles, as Chrysler/Jeep/Dodge is doing so right now.
But good luck to you OP, go with what makes sense to you and more importantly what you'll be happy with in the long run.
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      01-01-2013, 12:42 PM   #28
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lol @ people discouraging him to buy a bmw, good luck with that ...
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      01-01-2013, 01:19 PM   #29
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Leasing is a great way to go. You don't own it but all the maintenance is covered and the warranty is still there up to the day you turn it in to lease your next BMW.
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      01-01-2013, 04:34 PM   #30
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Quote:
Originally Posted by fshubert
Leasing is a great way to go. You don't own it but all the maintenance is covered and the warranty is still there up to the day you turn it in to lease your next BMW.
Um.....no. Leasing is the worst form of financing ever created. If you don't actually have the money to buy the car then you can't afford it.
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      01-01-2013, 04:37 PM   #31
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Quote:
Originally Posted by e92_Mack
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Originally Posted by jacobsed View Post
If you don't have the cash then you can't afford it. Playing the spreads on interest rates for a car purchase is ridiculous. 0% is not interest free money because you only get that rate for a new car and you'll take a beating on depreciation. Go find yourself a used 2006 in great shape and pay no more than $15k with cash.
Thats not necessarily true, sometimes buying cash vs. financing is a matter of personal preference and not "whether you can afford something or not." I'm in the car business now and manufacturers do offer 0% on CPO vehicles, as Chrysler/Jeep/Dodge is doing so right now.
But good luck to you OP, go with what makes sense to you and more importantly what you'll be happy with in the long run.
Wrong....it's pay now or pay later. If you can make payments then you can save up first and not go into debt for a car.
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      01-01-2013, 05:12 PM   #32
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...As far as the transmission goes, it used to be that automatics were inferior on shift speeds and fuel economy. But the new crop of automatics equal or surpass the manuals in both areas, thanks to advancements in control algorithms. But BMW is probably one of the last remaining OEMs putting out high quality state-of-the-art manual trannies as manistream. A few years down the line, manuals may not exist anymore when EVs and hybrids proliferate. Something to consider, especially if you are the sporty kind of driver which it seems like you are... Personally, I am a firm believer in manuals and every car I've owned has been a manual.
To be clear: Although the ZF 6 speed auto tranny in the 335i is decent, the really killer ZF 8 speed auto is the only torque converter auto that out-acellerates the 6 speed manual. And it is NOT available in the E92's, only in the F30.

For the E92's, the superior to manual (in performance terms) automatic is the 7 speed double-clutch in the 335is.

Personally, I think 6 speed manual E92's, especially 335i, are going to be cult cars in the future, just like the E46 ZHP's. AFAIK, ZHP's didn't really fly off the shelf when new, but are highly desirable now. And if you look at used E46 ZHP's, the 6MT's sell for more, and sell much faster than the steptronics. E46 ZHP 6MT coupes are really tough to find.

New car and used car markets are quite different. When BMW's are new, the new car buyers favor convenience and luxury. When BMW are several years old, performance and exclusivity determine value. "Luxury convenience" buyers only want new cars. Enthusiast buyers want performance and exclusivity.

All that said, in terms of long term resale value I think a 335i manual, especially a coupe, is a safer bet than a 328i manual, particularly so a 328i manual sedan.
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      01-01-2013, 05:49 PM   #33
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Quote:
Originally Posted by jacobsed View Post
Wrong....it's pay now or pay later. If you can make payments then you can save up first and not go into debt for a car.
You can do both, but the actual decision in the end is a matter of personal preference, that is my point. Some may want to drop all the money on the car, while others don't.
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      01-01-2013, 06:10 PM   #34
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Quote:
Originally Posted by jacobsed View Post
Um.....no. Leasing is the worst form of financing ever created. If you don't actually have the money to buy the car then you can't afford it.
I guess it's a personal preferrence. I could buy the car but would rather get a brand new one every 3 years.
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      01-01-2013, 06:44 PM   #35
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my opinion as someone who bought a bmw early after graduating, either save the money or get a few year old bmw... few yr old bmw are a great idea.. if I could i would buy a 3 yrd 335d in a heartbeart, in your case a 2008-2010 335i coupe.
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      01-01-2013, 07:22 PM   #36
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Get a gently used 335 coupe with 6MT. After driving MT my whole life, I fell for the paddle shifting gimmick on my previous 335. I knew within two weeks that I'd made a big mistake, a mistake I unfortunately had to live with for several years. And as far as coupes go, the E92 has a fair amount of room. If you don't have a specific need for four doors (e.g., kids) go for the better looking coupe.
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      01-01-2013, 07:31 PM   #37
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Check the classifieds in the newspaper for one. Don't look on the internet, on autotrader.com, or craigslist, or ebay or any of that. Get a good old fashioned local paper and find one for sale by owner there. You want one owned by a little old man that only drove it to church. That demographic is way less likely to post their car for sale in a modern place, lol
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      01-01-2013, 07:31 PM   #38
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Originally Posted by e92_Mack View Post
You can do both, but the actual decision in the end is a matter of personal preference, that is my point. Some may want to drop all the money on the car, while others don't.

Stupid is as stupid does. Going into debt for anything that depreciates and doesn't make you money is crazy.
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      01-01-2013, 07:33 PM   #39
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Check the classifieds in the newspaper for one. Don't look on the internet, on autotrader.com, or craigslist, or ebay or any of that. Get a good old fashioned local paper and find one for sale by owner there. You want one owned by a little old man that only drove it to church. That demographic is way less likely to post their car for sale in a modern place, lol

How many little old men actually buy these cars and only drive them to church? Seriously! The first place I would start is autotrader, craigslist and ebay.
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      01-01-2013, 07:37 PM   #40
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I guess it's a personal preferrence. I could buy the car but would rather get a brand new one every 3 years.
So you just plan on making car payments for the rest of your life? That is not a good plan for accumulating real wealth. Instead the banks are accumulating your money.

However, I think your plan is fine if you have a net worth of $1MM. And I define net worth as all your assets minus all your liabilities.
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      01-01-2013, 07:39 PM   #41
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How many little old men actually buy these cars and only drive them to church? Seriously! The first place I would start is autotrader, craigslist and ebay.
Probably none, haha. But if one does (and he ever decided to sell it) that's totally the one you want to buy!
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      01-01-2013, 07:42 PM   #42
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So you just plan on making car payments for the rest of your life? That is not a good plan for accumulating real wealth. Instead the banks are accumulating your money.

However, I think your plan is fine if you have a net worth of $1MM. And I define net worth as all your assets minus all your liabilities.
I do as I say, so I guess I'm just fine.
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      01-01-2013, 07:45 PM   #43
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Probably none, haha. But if one does (and he ever decided to sell it) that's totally the one you want to buy!
Well I agree with that but you won't find it. Starting college, my wife did find a 91 Taurus with 25K miles on it that she bought from a little old lady for $500 because her husband died. It was a family connection and was never advertised though. We actually still have that car as a backup and it has 275K miles on it and has never needed a major repair. Really a fantastically reliable car.
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      01-01-2013, 07:46 PM   #44
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I do as I say, so I guess I'm just fine.
Congrats on being a millionaire.
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