01-09-2014, 11:30 PM | #1 |
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Not holding Value.....
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01-09-2014, 11:33 PM | #2 | |
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01-10-2014, 12:38 AM | #3 |
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This.
Brace yourself for another "buy v. lease" thread.
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01-10-2014, 12:47 AM | #4 |
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There are certain reasons for buying a BMW... I would sale residual value and reliability are not top of mind. Even with that, I purchased a new car and plan to drive it until it's pretty much dead.
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01-10-2014, 06:03 AM | #9 |
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Depends on the mileage, options, etc....a new 2014 starts around $37500....and loses a big chunk of that when you drive out the door...
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01-10-2014, 06:56 AM | #10 |
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You lose a huge chunk of value the day you pick the car up from the lot. The more of a luxury car it is, the worse, so F30's may have high depreciation compared to more affordable brands (Honda for instance), but compared to other BMW's they hold their value well.
Check out the price of a fully loaded 7-Series compared more than a year old vs. price to buy it new. They drop in value like a rock trying to swim. |
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01-10-2014, 07:37 AM | #11 | |
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I just reread the last sentence about being upside down. I better turn my keys into the bank since my car is worth less than I owe... |
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01-10-2014, 10:02 AM | #12 |
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I bought a new 328i because I wanted to be assured that no one had ever farted in my car.
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01-10-2014, 10:10 AM | #13 | |
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Anyone transporting said vehicle shall not fart, at anytime, within the vehicle or in proximity of the vehicle. If an individual other than the soon-to-be owner does pass gas, this contract shall be null and void heretofore. |
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01-10-2014, 10:21 AM | #14 |
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Buying a used car will always be the best financial decision when it comes to car buying. There is no denying that. But I still bought my car new. I just like driving a new car. And I will keep this one as long as possible. The cool thing with buying used is that you can easily get into very nice cars that depreciate like crazy. And then you don't lose too much when selling back.
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01-10-2014, 10:23 AM | #15 |
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Kind of a silly thread.
OP gives no specifics, just "I saw..." Without any specifics it is meaningless. '12 CPO 328s with decent options are on most dealers lots for $35k. Sure, you can find a no line, no option car, higher miles, non CPO, tons of variables to bring the price down to $25k. But that is not representative of the market and the bigger picture.
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01-10-2014, 10:43 AM | #16 |
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I would have bought a 2 year old 328i for almost half the price of a new one if I could have found one with the options and color that I wanted. People who buy new hopefully know their car will be worth half the price they paid 2 or 3 years later. Knowing that did not impact my decision. The car I ordered wasn't even available in 2012 anyway.
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01-10-2014, 11:10 AM | #17 |
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I see people who bought used regret their decision when they end up with a manufacturer buyback (since it might not be sold as a lemon). I feel sorry for those bought used.
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01-10-2014, 11:36 AM | #18 | |
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01-10-2014, 11:47 AM | #19 |
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I feel like the F30's depreciate a little faster than the E90's though.
I leased two E9x's, 1 E90 and 1 E92. Lease just ended on the E92 and I found an F30 with decent options (check my sig) and 20k miles for 31k. Got the dealer down to 28k, so great in my opinion. Gonna drive this car for like 3-4 years and trade up, except not lose as much money as on a lease, so I think I'll be happier. Only thing is, I obviously sacrificed a couple things I had before (M-sport being the biggest).. but I guess that's one of the perks of buying new.
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01-10-2014, 11:50 AM | #20 | |
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You are in NY and bought a '12 F30 which is RWD only. The E90/2s were XDrive. In the NorthEast, xDrive cars are an easy sell.
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01-10-2014, 11:52 AM | #21 | |
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Also, not all E90's were xDrive. Yes, mine were, but mine were also lease so they dont compare anyway. I'm just comparing to what I've seen on the market.
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01-10-2014, 11:56 AM | #22 | |
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My friend in Atlanta was seeing $26-29k for RWD 335s. When I found him one in NJ, identical car was $4k less.
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