[x986]

The original buyer bought a rather special car to his taste; it won't be a piece of cake to duplicate it. If you agree with 'his' order, negotiate, negotiate.

[AudiA4]

Originally Posted by x986

The original buyer bought a rather special car to his taste; it won't be a piece of cake to duplicate it. If you agree with 'his' order, negotiate, negotiate.

Agreed. I do like the car. The original owner and I share the same interests because it is EXACTLY how I would have ordered it. I searched long and hard for this car. But I would sincerely like to get a little better deal than I've been offered from two dealers so far, given its mileage...I'm going to reach out to a few more.

[Kabrich]

Originally Posted by AudiA4

I would like some advise on whether or not purchasing my car at the end of its lease (2 months) would be a good deal given the current offers from two dealers...car specifications below:

2014 335i
Estoril Blue
Manual Transmission

M Sport
Premium
Technology
Dynamic Handling
Cold Weather
M Sport Brakes
M Performance Exhaust
HK Audio
19" 403M wheels
Trunk Spoiler

Mileage (EOL): 45,000
Residual: ± $34,000

I've had two dealers say they would sell it to me WITH CPO for the stated residual amount from BMWFS, or ±$1,300 less without CPO.

I assumed this lease from another individual about a year ago. On the one hand, the residual seems pretty decent compared to market value (lease payments were fairly high, so more has been paid down). On the other hand, I've found quite a few "equivalent" equipped cars with half the mileage at or just above the residual for my car.

Thoughts about the market value vs. offers from the dealers?

In your experience, should I be getting a better deal from the dealers given the cost they can purchase the vehicle from BMWFS? Should I seek offers from additional dealers? I expected a better deal/more of a difference from the residual.

My main beef is with the mileage...I'm less inclined to purchase a used car at that price with this high a mileage - I could be swayed with a better price point.

Thanks for any input.

In my recent experience, the price BMWFS would sell it to a Dealer was about 15% less than they would sell to me. Of course that did not account for any profit to the Dealer.

Then again the Dealer does not even want it at that price. Suspect it would go between 25%-30% less at Auction than what BMWFS is offering it to me.

At Dealer we looked at Manheim Auctions Nationwide and the price I am estimating in 10% the highest price of any similar model Nationwide.

CPO covers very little and runs $1600.

I have had 2 Dealers tell me the price BMWFS will give it to them. Surprised you cannot talk to a Dealership (perhaps out of town) and find out what they can get your vehicle for.

[nicknaz]

Originally Posted by AudiA4

I love everything about it compared to my E90 except the steering/handling.

Not sure why'd you by any car outright that you felt that way about

You should just turn the car in and then try a 2015, the LCI 2016+ and M models before making a decision on next car

[AudiA4]

Originally Posted by nicknaz

Not sure why'd you by any car outright that you felt that way about

You should just turn the car in and then try a 2015, the LCI 2016+ and M models before making a decision on next car

A. My opinion has been formed over months of owning a 335i (F30) in comparison with my other 330i (E90)...

B. Even if I'd known that definitively, it's not the only factor in purchasing a car...everything else about the F30 is superior in my opinion. The handling issue is inexcusable on BMW's part.

[nicknaz]

Originally Posted by AudiA4

A. My opinion has been formed over months of owning a 335i (F30) in comparison with my other 330i (E90)...

B. Even if I'd known that definitively, it's not the only factor in purchasing a car...everything else about the F30 is superior in my opinion. The handling issue is inexcusable on BMW's part.

The handling was almost certainly a decision to appeal to everyone who isn't on these forums.....

Judging by how many no line, no xenon 328/320 i see around, I think the decision was right on point

[AudiA4]

Originally Posted by nicknaz

The handling was almost certainly a decision to appeal to everyone who isn't on these forums.....

Judging by how many no line, no xenon 328/320 i see around, I think the decision was right on point

I don't disagree with your assessment of their pursuit of sales, but at what ultimate cost? If I can't buy a BMW on the basis of it being peerless in driving dynamics (or anything unique for that matter), why buy one at all? BMW's aren't as luxurious as MB, nor as reliable as Lexus, or as engaging as Cadillac.

[tcp_kevin]

I'm in the same dilemma. Not sure whether to buy the car off lease or lease another. For anybody with experience in this process, does BMW Financial run credit again when it comes time to purchase the vehicle and how does it work when negotiating loan terms?

[Explorer3253]

Originally Posted by tcp_kevin

I'm in the same dilemma. Not sure whether to buy the car off lease or lease another. For anybody with experience in this process, does BMW Financial run credit again when it comes time to purchase the vehicle and how does it work when negotiating loan terms?

I'm also in the same boat in 3 months and am wondering what people have done to get a good deal. Also for people who put msd down, did you guys keep getting quotes of buyout with the deposit deducted as if they are giving you a deal?

[zamboni]

I would wait for year end clearance deal if you have the time, most dealer would get rid of their inventories at a tremendous saving discount, I got $10K off MSRP on my 14 335i with lots of option.

[tex2670]

Originally Posted by tcp_kevin

I'm in the same dilemma. Not sure whether to buy the car off lease or lease another. For anybody with experience in this process, does BMW Financial run credit again when it comes time to purchase the vehicle and how does it work when negotiating loan terms?

It would be foolish, at best, for them not to run a credit check. To assume credit hasn't changed in 3 years is just a disaster waiting to happen.

[spuntyb]

Originally Posted by RPM90

You can negotiate the selling price with your dealer.
If they don't buy the car from BMW, then the car goes to auction.
BMW gives them a price, which will be a bit higher than what the average selling price at auction will be, so it will be above wholesale.
But, it won't be anywhere near retail as there needs to be an incentive for the dealer to buy it and risk that it will sit on the lot, meaning tied up dealer owner money.
In a lease return purchase, the dealer knows the sale is good, so she/he knows if they buy the car from BMW it will be sold right away.
I would negotiate starting at $3K less than what they are offering you with CPO included.
Of course they will balk and sell you on how much it costs to get CPO.
However, CPO costs the dealer MUCH less than what a customer gets charged. The dealer thus wants a profit on selling the car and on the CPO.
Your best deal is to find where the tipping point is, where the dealer makes enough profit for his time to sell the leased car, vs your willingness to give him that amount.
When both of you feel that you could have done better, then that's when it's a good deal for both of you.
I wish I knew what the amount is exactly.

To know how much any car worth you should look up the trade-in and dealer selling prices, that you can find on various internet sites.
You will then know what cars like yours are trading for and selling for in your area. Then you'll know if the offer made to you is worth it.

45K miles seems a bit high, but again that needs to be taken into consideration when looking up the value.
The average car is about 12K miles per year. 10K per year will get a slight premium in value, and 15K may get a bit lower price.
Also, the CPO is good for 6yrs/100k miles from the cars initial date of service.
If the car was put in service in 2013, then you have 6yrs from that date.
As the car has 45k miles, then you'll have 55K miles left on the warranty.
It's important to know the in-service date for that reason.

My last two 3 series were both leased in the year prior to their model year.
I leased my 2013 335i in August of 2012, and my 2016 340i in Sept. 2015.
This can hurt in terms of mileage for the given model year because I am putting on miles before the actual year of the model year begins.
For a Sept 2015 lease of a 2016 model year, that's 5 months of mileage before 2016 comes.
So, by the anniversary date of the model year, which is September, 2017 I have driven the car for 1 year and 5 months.
If I drive the average of 12K per year, a 2016 model year car should only have about 12K miles on it's first year. But in my case the car will have 17K miles because it was put into service in 2015.
That can negatively impact the resell price by showing the car to have higher than normal mileage.

So, in your case you have a 2014 model year car with 45K miles, and by actual date the car is only 2 years old.
This will show the mileage as being high, or over the average.
For a 2 year old car the average mileage should be 24K or even 30K.
45K is thus a lot and will bring the resell price down.
I would take that into consideration if you decide to buy the car.
I would use that to your advantage to bring the price down, because, if you decide to sell it 2 years from now that mileage issue will devalue your then resale value.

I at least agree that you should start the negotiations closer to $30k with CPO included, then go from there.