E90Post
 


VIBE Motorsports
 
BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > Photo/Video/Media Gallery > Need opinions on trading in my 335!



Reply
 
Thread Tools Search this Thread
      02-04-2013, 09:38 AM   #1
H17M3
Second Lieutenant
 
Drives: BMW
Join Date: Sep 2012
Location: USA

Posts: 276
iTrader: (-1)

Need opinions on trading in my 335!

Hey guys. I have an 07 335xi sedan, jet black. Minor upgrades so far as I haven't had it long..m3 bumper, DEPO tail lights, jb4 stage 3 tuner, aFe DCI, BBS LM 19", etc.
The car has 84,000 miles on it and runs cherry, tan interior..extended maintenance plan until August 2013.
I paid $21,000 for this car in April 2012 and adore it, but I really want a black sports interior.

I found a 2010 328 x drive for sale locally..it has the M Sport full ZPM package, white on black interior. Only 26k miles (still has a BMW warranty), 6 speed manual. and they're asking $28k.

My current payment is $338 a month @ 7.5% interest (it's my first financed car hence the rate). They are offering me $17k trade in on my car and willing to knock down the M Sport to $26,900. With $2,000 down, it would be $420 a month for 5 years @ 7.99%.
Your thoughts, guys?
H17M3 is offline   United_States
0
Reply With Quote
      02-04-2013, 09:57 AM   #2
Pete Schweaty
Lieutenant
 
Pete Schweaty's Avatar
 
Drives: 2007 335i E90
Join Date: Jun 2011
Location: MD

Posts: 582
iTrader: (0)

7.99 is insane. If I were you I would keep paying on your current car to build your credit for a few more years. For an example, a 25K loan at 7.99 is $510 a month for 5 years. A 3.5% loan with the same terms is 450. That is $3600 you are giving to the bank in exchange for nothing.

Another way to build your credit is to open a credit card with a small limit, 1-$5,000. Make small purchases and pay it off in full every month. Dont put anything on the card you dont have the money for. These 2 things will build your credit pretty quick. Be sure to stay only about 25-30% maxed on your card. For example, if it is a $1000 limit never go above $300, and be sure to pay it every month so you dont pay interest.
__________________

JB4 / BMS DCI / Alpina Flash / MTEC V3 / Blacklines
M3 Front Bumper / HID Fogs / M3 Style Spoiler
Pete Schweaty is offline  
0
Reply With Quote
      02-04-2013, 10:01 AM   #3
fatgrandma
Lieutenant
 
fatgrandma's Avatar
 
Drives: E90 320d
Join Date: Jul 2011
Location: Linz

Posts: 583
iTrader: (0)

My first thought is WHAT THE HECK IS THIS DOING IN THE GALLERY SECTION?!.

My second thougt is it depends on what you are looking for. You've got a 335i with tune, so if power is what floats your boat, you will probably not like the 328 as much as you like your 335.

If you are going for the looks most people find the LCI more attractive than a 2007 PreLCI. And Black/White is always a classy combination.

When it comes to money I have no clue what you do for a living and how much you are willing to spend.
fatgrandma is offline   Austria
0
Reply With Quote
      02-04-2013, 10:07 AM   #4
H17M3
Second Lieutenant
 
Drives: BMW
Join Date: Sep 2012
Location: USA

Posts: 276
iTrader: (-1)

Ideally I wanted my payment to stay sub-$400. Quick number crunching showed i would need the next car to be about $24-25,000 instead of $27K @ 7.99%.
I know the power difference is night and day..but I am also afraid of dumping $3k into turbos when the car is out of warranty in the future..
H17M3 is offline   United_States
0
Reply With Quote
      02-04-2013, 10:18 AM   #5
wdeerfield
A family of bimmers
 
Drives: 2009 e90 2011 f10
Join Date: Jan 2012
Location: Clifton Park, NY

Posts: 3,079
iTrader: (0)

I cant believe what people pay in payments. i thought my 2.74% was bad.. i would say keep your car and pay it off. Source the black sport seats from the forum. look for seats people took out of their cars to put in race buckets. Going from a 335 to a 328, you will miss the power.
__________________

2009 MBM 328| ZPP | ZSP | ZCW | CA | 6FL | NAV | XENONS | 18x8.5 VB3s ET30/25
2011 Jet Black 535i xdrive | ZPP | ZSP | ZCW | 6FL | NAV | 331s Square
wdeerfield is offline   United_States
0
Reply With Quote
      02-04-2013, 10:31 AM   #6
Hybrid For Life
Banned
 
Drives: Out of Spec
Join Date: Nov 2011
Location: Santa Barbara, CA

Posts: 2,119
iTrader: (4)

god damn those are some high % rates.

And yeah why is this in the photo section?
Hybrid For Life is offline   Germany
0
Reply With Quote
      02-04-2013, 10:58 AM   #7
BMWcoupe335ii
Second Lieutenant
 
Drives: 11' 335i coupe
Join Date: Nov 2011
Location: Cali

Posts: 267
iTrader: (0)

Dude listen, you have a 335i now, and you want jump ship to a 328i. This is going to be one BACKWARDS move both FINANCIALY and in terms of cars . From what you said above you still have payments on your 335i (for how ever long) and you want to trade this car in and finance a 328i for FIVE YEARS at a higher car payment. Why would you want to finance a car for FIVE YEARS, it sounds like you really cant afford these cars, and I don't mean that in a disrespectful way at all. That's just backwards man, your going to be upside down on a car, and who's to say in like 2 months you wont miss the power of the 335i. If I were you I'd stick with the 335i and just buy the black seats you'd come out cheaper that way.
BMWcoupe335ii is offline  
0
Reply With Quote
      02-04-2013, 11:05 AM   #8
Pete Schweaty
Lieutenant
 
Pete Schweaty's Avatar
 
Drives: 2007 335i E90
Join Date: Jun 2011
Location: MD

Posts: 582
iTrader: (0)

If you are dying for sports seats, just go to the FS section. They pop up all the time.

A search for "E90 Black sport seats" turned up tons. Just be patient.

http://www.e90post.com/forums/search...rchid=25428351
__________________

JB4 / BMS DCI / Alpina Flash / MTEC V3 / Blacklines
M3 Front Bumper / HID Fogs / M3 Style Spoiler
Pete Schweaty is offline  
0
Reply With Quote
      02-04-2013, 11:08 AM   #9
H17M3
Second Lieutenant
 
Drives: BMW
Join Date: Sep 2012
Location: USA

Posts: 276
iTrader: (-1)

I can afford the payment, it's just a matter of not wanting to really spend more than $400 a month plus insurance on a car. $338 isn't a problem for me now, and I already have good equity into my 335 (I bought it for $21k plus taxes and have taken almost $8k off the principal balance in 9 months)
H17M3 is offline   United_States
0
Reply With Quote
      02-04-2013, 11:59 AM   #10
idrift4wd
Brigadier General
 
Drives: Three Hundred and Thirty Five
Join Date: Jul 2010
Location: Yonkers NY

Posts: 3,311
iTrader: (0)

Garage List
2007 BMW  [3.50]
i wouldnt do it. keep 335i
idrift4wd is offline  
0
Reply With Quote
      02-04-2013, 12:14 PM   #11
KwlAznKid
Colonel
 
KwlAznKid's Avatar
 
Drives: BMW/MERCEDES/PORSCHE
Join Date: Jun 2005
Location: Irvine/Fremont, CA/ University of California San Diego Alum

Posts: 2,407
iTrader: (4)

at that rate NO WAY, i'm getting financed at 1.98 right now or maybe it was 1.89 but either way WAY lower and this is my first car loan as well! do you have good credit? if you have good credit but just never had a car loan there are ways to lower your rate, don't let them rape you!
__________________
BMW E92 328I /BMW E46 M3 /Mercedes Benz W209 CLK500 /BMW E92 335I(sold)/Porsche 996 911 C2(sold)/BMW E46 325CI(totaled)
KwlAznKid is offline  
0
Reply With Quote
      02-04-2013, 12:15 PM   #12
KwlAznKid
Colonel
 
KwlAznKid's Avatar
 
Drives: BMW/MERCEDES/PORSCHE
Join Date: Jun 2005
Location: Irvine/Fremont, CA/ University of California San Diego Alum

Posts: 2,407
iTrader: (4)

Quote:
Originally Posted by Pete Schweaty View Post
7.99 is insane. If I were you I would keep paying on your current car to build your credit for a few more years. For an example, a 25K loan at 7.99 is $510 a month for 5 years. A 3.5% loan with the same terms is 450. That is $3600 you are giving to the bank in exchange for nothing.

Another way to build your credit is to open a credit card with a small limit, 1-$5,000. Make small purchases and pay it off in full every month. Dont put anything on the card you dont have the money for. These 2 things will build your credit pretty quick. Be sure to stay only about 25-30% maxed on your card. For example, if it is a $1000 limit never go above $300, and be sure to pay it every month so you dont pay interest.

x2, this guy speaks the truth, also expand the umber of credit lines you have, have at least 3-4 lines of credit if not 5, never spend above half of your limit and always pay it off, establish a good credit and you have more negotiating room for your rates
__________________
BMW E92 328I /BMW E46 M3 /Mercedes Benz W209 CLK500 /BMW E92 335I(sold)/Porsche 996 911 C2(sold)/BMW E46 325CI(totaled)
KwlAznKid is offline  
0
Reply With Quote
      02-04-2013, 12:32 PM   #13
P1et
Colonel
 
P1et's Avatar
 
Drives: '11 X5 | '11 135i
Join Date: Aug 2007
Location: Texas

Posts: 2,983
iTrader: (1)

My opinion? Keep the car you currently have and modify it to your liking. It'll be more cost effective in the long run.
P1et is online now  
0
Reply With Quote
      02-04-2013, 03:45 PM   #14
phamlay
Private First Class
 
Drives: 335i Sedan
Join Date: Sep 2012
Location: CALI

Posts: 105
iTrader: (0)

Keep the car man. Your interest rate is insane.
If you have a certain budget to be under then picking up a new loan is not a very good idea. You will definitely miss the power difference. But at the end of the day it's your call.
__________________

2009 e90 mtec| alpine white|black interior| DC intake| gloss black kidney grills| LED Interior| LED Exterior| gloss black vinyl roof| BBS RS-GT wheels| 235/35/19 front| 265/30/19 rear| KW V1 coilovers|CF trunk spoiler| CF diffuser| HKS catback exhaust| Fully coded|
phamlay is offline   United_States
0
Reply With Quote
      02-04-2013, 06:59 PM   #15
kihun
Captain
 
Drives: 2007 E92
Join Date: Jan 2013
Location: Virginia

Posts: 974
iTrader: (7)

this is.. stupid idea op
__________________
e92
kihun is offline   United_States
0
Reply With Quote
      02-05-2013, 05:18 AM   #16
H17M3
Second Lieutenant
 
Drives: BMW
Join Date: Sep 2012
Location: USA

Posts: 276
iTrader: (-1)

Thanks for your input, I appreciate it guys. I am going to just keep my e90 335xi for now and mod it to my liking. Anyone selling black sport seats?
H17M3 is offline   United_States
0
Reply With Quote
      02-05-2013, 05:26 AM   #17
Amini77
Brigadier General
 
Amini77's Avatar
 
Drives: SGM E90 330xi
Join Date: Nov 2011
Location: Tarzana, CA

Posts: 4,486
iTrader: (1)

Garage List
2006 330XI  [3.75]
Tough choice..you're definitely going to miss the speed but around 84k is when all the, not necessarily problems, but replacements, repairs, tune-ups, etc. start kicking it. Financially.. the situation won't change much for the better. So by getting the 328 you'd be avoiding the cost of the up coming tune up for your 335..but sacrificing the thrill of having the 335.
__________________

instagram: amini77
| KW V1 | LCI rear | 359m Style | Michelin PSS | AA Stage 2 | Gruppe M | Remus | Mtech Rear | M3 Front |
Amini77 is online now   United_States
0
Reply With Quote
      02-08-2013, 12:34 AM   #18
demontwinz
Lieutenant
 
Drives: 335i e92
Join Date: Sep 2012
Location: Toronto

Posts: 455
iTrader: (0)

keep the 335i
__________________
demontwinz is online now  
0
Reply With Quote
      02-08-2013, 12:46 AM   #19
SoGood
Banned
 
Drives: TIAG E90 328i
Join Date: Jan 2013
Location: Bay Area, California

Posts: 128
iTrader: (2)

Wow, you have horrible credit. im 20 years old and got fiance at .9% and 10k down on my car. paid the rest of my car off in 3 months. I think you should just keep your car. Why go farther in debt.
SoGood is offline  
0
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 07:12 PM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST