F30POST
F30POST
2012-2015 BMW 3-Series and 4-Series Forum
BMW Garage BMW Meets Register Today's Posts
BMW 3-Series and 4-Series Forum (F30 / F32) | F30POST > 2012-2019 BMW 3 and 4-Series Forums > General F30 Sedan / F32 Coupe / F36 Gran Coupe Forum > 2013 BMW 335i's Taking A Beating In Auction Market
GetBMWParts
Post Reply
 
Thread Tools Search this Thread
      12-14-2015, 12:59 AM   #23
VCuomo
Private First Class
58
Rep
153
Posts

Drives: 2012 BMW 335i Sportline
Join Date: Jul 2015
Location: SoCal

iTrader: (0)

Quote:
Originally Posted by jgoens View Post
Sometimes I would like a manual but I'm going to get an Auto..just don't feel like shifting in all the traffic around here anymore.

I think I can hit that number for a black/msport/tech/premium and less than 35k miles..but I most likely it will be in January. I would also prefer 19"wheels and upgraded HK stereo. So, a pretty loaded car is what I'm after.
That's what I ended up with, only a Sport Line instead of an MSport. Since the 340 is out now, my guess is you can probably get a 2013 CPO for around $35K (give or take), and a 2012 CPO for $32K-33K. Since you're willing to go off-dealer, you could save $2K-3K by doing that. At least that was my experience last February (except then the 340 wasn't out, so the CPO prices were higher).

One nice thing with BMW is that you can wait until the factory warranty is about to expire and then extend it. So if you don't go CPO, you always have that option if you need it.

Good luck - I had a lot of fun looking for mine!
Appreciate 0
      12-14-2015, 03:11 PM   #24
munu
First Lieutenant
52
Rep
307
Posts

Drives: 2014 F30 Msports
Join Date: Jul 2008
Location: Orlando, FL

iTrader: (0)

I am in the market to buy 2013 335i Sedan. I have access to Auction sites and have been watching the cars coming in for Auction and at what price they are selling. Here is my observation

Loaded (M-sports, tech, premium, drive assist) car with around 25-30K mile is going for around 30-31K and then you add about $1000 as all Auction related fees.

Some of the higher mileage cars (like 45K miles) are selling for 27-28K range.
Appreciate 0
      12-14-2015, 04:22 PM   #25
CarlosC
Private
18
Rep
52
Posts

Drives: 2012 BMW 328i
Join Date: Sep 2015
Location: San Diego, CA

iTrader: (1)

Quote:
Originally Posted by 08135IFL View Post
3 years out is by far the sweet spot IMO. Still a full year of warranty, low miles and half the price.
This!
Appreciate 0
      12-14-2015, 06:03 PM   #26
jgoens
Major General
jgoens's Avatar
3788
Rep
5,776
Posts

Drives: 2013 335i msport
Join Date: Nov 2014
Location: San Mateo, CA

iTrader: (0)

Quote:
Originally Posted by VCuomo View Post
That's what I ended up with, only a Sport Line instead of an MSport. Since the 340 is out now, my guess is you can probably get a 2013 CPO for around $35K (give or take), and a 2012 CPO for $32K-33K. Since you're willing to go off-dealer, you could save $2K-3K by doing that. At least that was my experience last February (except then the 340 wasn't out, so the CPO prices were higher).

One nice thing with BMW is that you can wait until the factory warranty is about to expire and then extend it. So if you don't go CPO, you always have that option if you need it.

Good luck - I had a lot of fun looking for mine!
Cool..I checked a 13 today at an Acura dealer with 25k fully loaded msport..pretty nice. They had it at 35900 and I told them I would go 34k...did not talk to sales manager..only helper girl. She did not know anything about bmw obviously, but I will see if they want to make a move on that car. I looked at the kbb trade in price on a car like that and it comes it at 28-30k...so.
If they have a buyer ready to go, you would think they might inquire...but the car has been in the lot only a week. I have time as well and come a few weeks the car is a 3 year old car.
Appreciate 0
      12-14-2015, 11:48 PM   #27
VCuomo
Private First Class
58
Rep
153
Posts

Drives: 2012 BMW 335i Sportline
Join Date: Jul 2015
Location: SoCal

iTrader: (0)

Just my $.02, but I bet they'll go lower than $34K (remember, it's not a CPO). Last February I paid $37K for my '12 CPO Sport Line 335i (I assume that that's what you're looking at), also loaded and had just cracked 25K miles (also was in truly immaculate condition). IMO, it's definitely priced too high at $36K given that it's not a CPO.

Good luck!
Appreciate 0
      12-15-2015, 08:11 AM   #28
the_phew
Lieutenant
352
Rep
556
Posts

Drives: '17 GTI 6MT, was 320i ZSP/ZMT
Join Date: Mar 2014
Location: United States

iTrader: (0)

BMW has created a lucrative system where their cars depreciate very quickly via private party or at auctions, but dealers are able to resell lease turn-ins as CPO for at least the lease residual value. It basically forces customers to either lease or buy+drive their cars for a long time (read: $ in parts for BMW).

Compare that to say Toyota, which has certain models that practically don't depreciate in the private market (Tacoma=slowest depreciating mass-market vehicle for the past decade+). Great for Toyota owners, not so great for Toyota or their dealers.
Appreciate 0
      12-15-2015, 09:03 AM   #29
codeyf
Private First Class
120
Rep
191
Posts

Drives: 2021 X3M Comp
Join Date: Jul 2015
Location: Bothell, WA

iTrader: (0)

Man, I wish I saw these cheap prices you guys are all quoting when I was shopping a couple months ago. ~3 months ago I bought my '13 M-Sport with 7.6k miles from Beepi for $38.9k delivered. Tech, comfort, and MPPK on it.

Right now, there is a non-cpo EB 335i X-drive with 19k miles and just about every package, sitting on a lot for $42.9k.

Also, a CPO AW 335i Luxury X-drive with 33k miles for $35.9k.

Up here in the Pacific NW, we pay through the nose unfortunately!
__________________

'21 X3M Comp
'13 335i | MPPK - RETIRED
Appreciate 0
      12-15-2015, 09:34 AM   #30
jgoens
Major General
jgoens's Avatar
3788
Rep
5,776
Posts

Drives: 2013 335i msport
Join Date: Nov 2014
Location: San Mateo, CA

iTrader: (0)

Quote:
Originally Posted by VCuomo View Post
Just my $.02, but I bet they'll go lower than $34K (remember, it's not a CPO). Last February I paid $37K for my '12 CPO Sport Line 335i (I assume that that's what you're looking at), also loaded and had just cracked 25K miles (also was in truly immaculate condition). IMO, it's definitely priced too high at $36K given that it's not a CPO.

Good luck!
I'm looking for msport...just feel the front end and steering wheel are worth it.
Appreciate 0
      12-15-2015, 10:26 AM   #31
bavarianride
Major General
1507
Rep
5,088
Posts

Drives: bimmer
Join Date: Feb 2013
Location: northern california

iTrader: (0)

Quote:
Originally Posted by the_phew View Post
BMW has created a lucrative system where their cars depreciate very quickly via private party or at auctions, but dealers are able to resell lease turn-ins as CPO for at least the lease residual value. It basically forces customers to either lease or buy+drive their cars for a long time (read: $ in parts for BMW).

Compare that to say Toyota, which has certain models that practically don't depreciate in the private market (Tacoma=slowest depreciating mass-market vehicle for the past decade+). Great for Toyota owners, not so great for Toyota or their dealers.
From the numbers it looks like BMWFS pads the MSRP/invoice by 10% to account for lease end auction losses, however as you say lease buyout and/or CPO sale are usually still close to RV, so really it mainly helps with profit margin of dealers, and the lease or buy+drive crowds both pay for the high prices.
Appreciate 0
      12-15-2015, 10:38 AM   #32
bavarianride
Major General
1507
Rep
5,088
Posts

Drives: bimmer
Join Date: Feb 2013
Location: northern california

iTrader: (0)

Quote:
Originally Posted by codeyf View Post
Man, I wish I saw these cheap prices you guys are all quoting when I was shopping a couple months ago. ~3 months ago I bought my '13 M-Sport with 7.6k miles from Beepi for $38.9k delivered. Tech, comfort, and MPPK on it.

Right now, there is a non-cpo EB 335i X-drive with 19k miles and just about every package, sitting on a lot for $42.9k.

Also, a CPO AW 335i Luxury X-drive with 33k miles for $35.9k.

Up here in the Pacific NW, we pay through the nose unfortunately!
What was the MSRP for your '13 335i? $38.9k on a $60k car is not too bad given the low miles and CPO.

Just say the dealer sells the CPO car at $5k to $6k above auction price. That needs to cover the auction fee($1k), CPO kit($2k), and probably another $500 to $1k to recondition. So the dealer's profit is $2k to $3k.

By the way, the AVP bonus of a new car sale of $60k is also $3k, so basically BMWFS facilitates the dealers to double the profits by selling CPO-ed cars twice(first time as brand new, the second time as CPOs).

The truly impression part is BMWFS and the banks are willing to take a 10+% RV haircut at auction. But of course BMWFS also makes money from CPOs(e.g. $2k), and the extra interest charged on lease(e.g. 2% spread on the leases, for another $3k on a $60k car), so BMWFS is not really paying through the nose themselves.

Last edited by bavarianride; 12-15-2015 at 10:45 AM..
Appreciate 0
      12-15-2015, 10:41 AM   #33
JVBFTW
Private
11
Rep
52
Posts

Drives: 2013 320i
Join Date: Dec 2013
Location: Houston, TX

iTrader: (0)

Its not just the 335, its all of them

A ton of 13's are flooding back off lease. Thats driving the prices down.
__________________
John V
2013 320i 6MT
Appreciate 0
      12-15-2015, 10:43 AM   #34
codeyf
Private First Class
120
Rep
191
Posts

Drives: 2021 X3M Comp
Join Date: Jul 2015
Location: Bothell, WA

iTrader: (0)

Quote:
Originally Posted by bavarianride View Post
What was the MSRP for your '13 335i? $38.9k on a $60k car is not too bad given the low miles and CPO.

Just say the dealer sells the CPO car at $5k to $6k above auction price. That needs to cover the auction fee($1k), CPO kit($2k), and probably another $500 to $1k to recondition. So the dealer's profit is $2k.

The truly impression part is BMWFS and the banks are willing to take a 10+% RV haircut at auction, that only makes sense when the MSRP/invoice is already inflated by 10+% upfront. Without the padding, it is unimaginable that BMWFS can consistently sell at that discount in auctions.
Mine was from Beepi, so not CPO.

It was listed here originally as a lease take over.

Sticker shows SRP of $55,645
__________________

'21 X3M Comp
'13 335i | MPPK - RETIRED
Appreciate 0
      12-15-2015, 11:11 AM   #35
jgoens
Major General
jgoens's Avatar
3788
Rep
5,776
Posts

Drives: 2013 335i msport
Join Date: Nov 2014
Location: San Mateo, CA

iTrader: (0)

Quote:
Originally Posted by codeyf View Post
Man, I wish I saw these cheap prices you guys are all quoting when I was shopping a couple months ago. ~3 months ago I bought my '13 M-Sport with 7.6k miles from Beepi for $38.9k delivered. Tech, comfort, and MPPK on it.

Right now, there is a non-cpo EB 335i X-drive with 19k miles and just about every package, sitting on a lot for $42.9k.

Also, a CPO AW 335i Luxury X-drive with 33k miles for $35.9k.

Up here in the Pacific NW, we pay through the nose unfortunately!
Based on what you got your car at, 34k for the one I saw yesterday sounds about right.
Appreciate 0
      12-15-2015, 12:48 PM   #36
bavarianride
Major General
1507
Rep
5,088
Posts

Drives: bimmer
Join Date: Feb 2013
Location: northern california

iTrader: (0)

Quote:
Originally Posted by codeyf View Post
Mine was from Beepi, so not CPO.

It was listed here originally as a lease take over.

Sticker shows SRP of $55,645
MSRP $56k probably should go for $34k(assuming 60% RV) with CPO, the extra low mileage should add $3k to $4k value, so $39k is a bit high but close enough.
Appreciate 0
      12-15-2015, 12:54 PM   #37
erichighley
First Lieutenant
United_States
69
Rep
316
Posts

Drives: X1, i3 BEV
Join Date: May 2009
Location: Saint Petersburg, FL

iTrader: (0)

Garage List
Remember that as of MY2015 BMW Maintenance Program is now specific to the original owner, and no longer follows the car. So better go out and grab those used MY13/14s under warranty.
Appreciate 0
      12-15-2015, 03:17 PM   #38
jgoens
Major General
jgoens's Avatar
3788
Rep
5,776
Posts

Drives: 2013 335i msport
Join Date: Nov 2014
Location: San Mateo, CA

iTrader: (0)

Quote:
Originally Posted by bavarianride View Post
MSRP $56k probably should go for $34k(assuming 60% RV) with CPO, the extra low mileage should add $3k to $4k value, so $39k is a bit high but close enough.
So do you think an msport,premium,tech,nav,cameras,hk and heated seat car with 25k miles and a year and a half warranty (non cpo) should be less than 34k?
Appreciate 0
      12-15-2015, 03:36 PM   #39
munu
First Lieutenant
52
Rep
307
Posts

Drives: 2014 F30 Msports
Join Date: Jul 2008
Location: Orlando, FL

iTrader: (0)

Quote:
Originally Posted by jgoens View Post
So do you think an msport,premium,tech,nav,cameras,hk and heated seat car with 25k miles and a year and a half warranty (non cpo) should be less than 34k?
Today I got similar car with 39k miles from auction for 30k. Dealers in my area are selling these for around 35k
Appreciate 0
      12-15-2015, 03:38 PM   #40
yoandry
Colonel
yoandry's Avatar
693
Rep
2,083
Posts

Drives: G80 M3CX & X5 M50i
Join Date: Jan 2011
Location: Naples, FL

iTrader: (0)

Quote:
Originally Posted by jgoens View Post
So do you think an msport,premium,tech,nav,cameras,hk and heated seat car with 25k miles and a year and a half warranty (non cpo) should be less than 34k?
I got mine 2 months ago for $34k with 30k miles, M-Sport CPO fully loaded with every option available I guess.
__________________
Appreciate 1
      12-15-2015, 03:57 PM   #41
jerz_subbie
New Member
0
Rep
9
Posts

Drives: F30 328i M sport
Join Date: Dec 2015
Location: Charlotte

iTrader: (0)

I find it really interesting that you guys are saying 335 auction prices are so low because the CPOs on the East coast sure wouldn't reflect that. I was dealing with 3 different dealers, 2 large, one small, same story at all 3.

I was searching for about 4 months for a CPO '13 335 Msport ($54-56k msrp) all over the East coast, focused on the South, and everything I saw was $33-39k with a heavy concentration at $37k. I wanted to be on the lower end without going over 40k miles, so I ended up going with a '13 328i deal that I couldn't pass up, and I have a JB4 on the way to get me close as far as speed. Seeing $8-10k gaps between 328i and 335i's was a little mind twisting!

yoandry, you got exactly what I was looking for, but I'm pretty happy with my 328i for $28k. Coming from a WRX it's quite different, but still a very fun car.
Appreciate 0
      12-15-2015, 03:59 PM   #42
jgoens
Major General
jgoens's Avatar
3788
Rep
5,776
Posts

Drives: 2013 335i msport
Join Date: Nov 2014
Location: San Mateo, CA

iTrader: (0)

Quote:
Originally Posted by yoandry View Post
I got mine 2 months ago for $34k with 30k miles, M-Sport CPO fully loaded with every option available I guess.
Ok..what was the sticker price if you don't mind sharing? The car I looked at is at $35981. Based on what you got I should be able to get this one for 33k or less. But that is a long ways to go from their sticker price.
Appreciate 0
      12-15-2015, 04:15 PM   #43
yoandry
Colonel
yoandry's Avatar
693
Rep
2,083
Posts

Drives: G80 M3CX & X5 M50i
Join Date: Jan 2011
Location: Naples, FL

iTrader: (0)

Quote:
Originally Posted by jgoens View Post
Ok..what was the sticker price if you don't mind sharing? The car I looked at is at $35981. Based on what you got I should be able to get this one for 33k or less. But that is a long ways to go from their sticker price.
Ok, and how do I find that exactly?
__________________
Appreciate 0
      12-15-2015, 04:21 PM   #44
yoandry
Colonel
yoandry's Avatar
693
Rep
2,083
Posts

Drives: G80 M3CX & X5 M50i
Join Date: Jan 2011
Location: Naples, FL

iTrader: (0)

Quote:
Originally Posted by jerz_subbie View Post
yoandry, you got exactly what I was looking for, but I'm pretty happy with my 328i for $28k. Coming from a WRX it's quite different, but still a very fun car.
Good enough man. I waited for the 335i because I had an e90 330i before.
__________________
Appreciate 0
Post Reply

Bookmarks


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



All times are GMT -5. The time now is 07:57 PM.




f30post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
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