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I drove a leftover 03 M3 with SMGII early last spring. Yeah, the shifts are like snapping the clutch on every gear, great when you are digging in but in auto mode it feels like someone is bumping you in the rear on every shift. I think there are something like 11 settings so go over it good when you test it. When it covers the spectrum from dinner mode to bad-[non-permissible content removed] mode I figure I’ll be more interested, but only as an alternative to automatic so my wife can drive it happily. Like a yachtsman and his relationship with sail and wind, I don't think anything can replace a true sport driver's relationship with a manual transmission. Good luck.
I also found out that both the SMG and Manual are 0-60 in 6.4 sec.
Sounds like a rough ride when shifting gears as well as from a complete stop. I wish the Steptronic didn't take away so much juice.
Thanks again!
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I personally hate to pay MSRP for anything that will soon be discounted.. If you are buying a MINI, no problem.. They have been selling for MSRP for three years and will probably continue to do so.. My co-worker bought the first GTO at his dealer in January for MSRP.. now, you can get them for $7K less..
I don't expect '06 3-series to be going for $7K off later, but maybe $1K-$2K off.. I just don't have that need to be the first one on the block.
You bring up a good point about early production models.. Not only is it a new model, it even has new engines.. Something the new 5-series didn't have to deal with, in it's first year.
I have also heard May or June from other dealers, so I think they have the time frame right.. I think I'd rather wait and see, than lock myself into MSRP.. It isn't like 3-series will be in short supply. It is their biggest seller.
regards,
kyfdx
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No idea on the difficulty to install.. Likely to cost at least $300-$500.
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I'd like to pose a question to the board and I apologize if this is the wrong place, but any comments are appreciated. I'm considering purchasing a 4 dr. 2006 330i w/ Perf & Prem Package, I would put approximately $2,500 down and pay tax, etc. to get to a total finance amount of $40K for 60 months. Also, I would buy the car when it first came out, ideally summer of 2005.
I'd drive the car for around 30 months, putting approximately 35k miles on it. This would put me around late 2007, at that point I'm wondering what I could sell the car for. I figure I've got an 06 model in 07 and if I look at NADA now for an 03 car they are going for upwards of $30K. Based on an amortization schedule, I would owe $22K at 30 months. Assuming I could sell for around $32K, I'd pull out $10K for a down payment on the next car and have an approximate ownership cost of $433 / mo (figure $45K total price tag minus $32K sale = $13K cost / 30 mo).
To me this sounds reasonable and a fairly low cost of ownership of such a high caliber car and is certainly less than any lease...what do you guys think? Does my reasoning sound proper? Am I missing some key things?
Or, price it out as trade-in value at KBB.com.. The '03 with premium and performance package with 35K miles has a trade-in of: $23,655
That seems awfully pessimistic, but you can see how things could go against you.. At $24K for a trade-in, your cost is now $700/mo.
Why not try a 36mo/45K lease? At least that way, your depreciation is locked in.. If the car happens to be worth significantly more than the residual at lease end, you can always buy it and re-sell (not likely, though).
regards,
kyfdx
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I'd like to pose a question to the board and I apologize if this is the wrong place, but any comments are appreciated. I'm considering purchasing a 4 dr. 2006 330i w/ Perf & Prem Package, I would put approximately $2,500 down and pay tax, etc. to get to a total finance amount of $40K for 60 months. Also, I would buy the car when it first came out, ideally summer of 2005.
I'd drive the car for around 30 months, putting approximately 35k miles on it. This would put me around late 2007, at that point I'm wondering what I could sell the car for. I figure I've got an 06 model in 07 and if I look at NADA now for an 03 car they are going for upwards of $30K. Based on an amortization schedule, I would owe $22K at 30 months. Assuming I could sell for around $32K, I'd pull out $10K for a down payment on the next car and have an approximate ownership cost of $433 / mo (figure $45K total price tag minus $32K sale = $13K cost / 30 mo).
To me this sounds reasonable and a fairly low cost of ownership of such a high caliber car and is certainly less than any lease...what do you guys think? Does my reasoning sound proper? Am I missing some key things?
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I'm still lurking in BMW and other carlands....
I have come across two cars. I wasn't offered a car fax on either one, yet. They are both at BMW dealers.
Car #1:
Steel Blue Sedan. 2002 330xi (awd). Premium Package, heated seats, wood trim, supposedly leather (beige). It also has navigation that really works! 30,000 miles. No fold-down rear seat from the trunk to give me extra room.
It's CPO'd -- hear they just put on two new front brakes. Tires in good, if not new shape.
Originally was looking for $31,9K with the CPO warranty.
Two months left on the maintenance, so it can still be extended.
Went to see it. Dealer will give me $3,000 for the '98 Saab.
Talked him into throwing in the 6 year/100,000 full maintenance, and tire/rim insurance which will cover all tires and rims (supposedly).
His Final price, as of last night: $31K with all warranties, tax, etc., but including my car.....
Beautiful color.... like the idea of a full maintenance guarantee for up to 100,000 miles, and a talking navigation system.
However, as nice as the car seems to be (one tiny dent on a fender), it's pretty small without that extra fold-down seat....
On the other hand, it's a 330xi, good to drive for any new, or pre-owned year. Finally, does BMW really, really take care of all the maintenance without giving someone a tough time?
Car #2:
2002 325xi steel blue wagon. Premium, leather, heated seats, and navigation. Also priced at 31,900. Is CPO'd, but I would have to pay to extend the maintenance which can cost upwards of $1300.... Have not seen, or driven this one.
However.... the car is located over an hour from me, and not sure whether I could get a loaner car, or good service locally.
It would give me more room, sure. I'd really like the BMW wagon.... But, I still can't manage to drive down to see the wagon.
On the third hand, I could get a new Mini Cooper automatic with premium, leather, etc. for max $24-25K, or a VW Passat V6 2 wheel, front-wheel drive, or AWD (although, I've heard the Passats has had some real 4 motion problems)....
KYFDX, I have valued your input thus, far, and would appreciate your thoughts this time around.
The dealer for the first car told me that I have to call him tomorrow morning, or ASAP, because he can't hold it, in light of all the interest it's generating....
I should have gotten that car fax report....
Thanks!
Cargal
2) I think all 330s come with leather standard.. for sure it would be included in premium package.
3) I'm not sure I would want to pay the premium for navigation.. The asking prices on these cars seems a little high (not unusual for CPO), especially the 325XiT.
4) The maintenance program is good.. If you are buying CPO and have to take your car to the dealer for warranty work, you might as well get it serviced there also.. Will most likely be worth the money.
5) Asking prices are just that.. asking.. Who knows what kind of deal you could get on the wagon, if you took your trade down there..
6) The 330xi seems to be the better deal, but a dent? Can they fix that?
7) You seem to want more room.. There should be a lot of 325XiT wagons around... And you should be able to find an '02 model for under $30K with the CPO and extended maintenance included.. Just make sure it has enough power for you.
8) If you are buying used, it won't matter much where you service it.. you may get shoved down the loaner list, but service departments dont' really care where you get your car, just the sales department.
9) Don't worry about ASAP.. Sales always wants you to buy RIGHT NOW. If the car is gone, the car is gone..there will always be another.. If it is generating that much interest, you won't get a good deal, anyway. That typical saleman BS.
Good luck..
kyfdx
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They relate directly to your question.
regards,
kyfdx
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I too purchased a brand new 2004 325i with steptronic auto, premium package, heated seats, wood trim, load thru, bi-xenon
MSRP ~$47K
DISC ~$6 K
BUY ~$41K
All figures Canadian dollars, cash deal.
Open Road BMW in Edison has two '04 325Xi wagons..I'm assuming they are CPO.. Grey with 15K miles and Red with 5K miles... Asking $34,995 for either..
Assume they will sell for $33K plus $1K to extend the maintenance.. $34K minus $3K for your trade plus $2K for taxes...
$33K out the door... For a car that is one year old.. Sounds a little better than the deals you have been seeing..
Will that work? No idea.. just food for thought..
Here are the links..
http://cars.com/go/search/detail.jsp?tracktype=usedcc&searchT- - - ype=21&paId=154207008&pageNumber=0&numResultsPerPage=- - 50&largeNumResultsPerPage=0&sortorder=descending&sort- - - field=MMT+descending%2CPRICE+descending&certifiedOnly=false&a- mp;a- mp;recnum=0&leadExists=true&criteria=K-%7CE-%7CM-_5_%7CB-- - 35000%7CA-25000%7CD-_31_%7CN-N%7CR-100%7CI-1%7CP-MMT+descending%2- - - CPRICE+descending%7CQ-descending%7CZ-08901&aff=national
http://cars.com/go/search/detail.jsp?tracktype=usedcc&searchT- ype=21&paId=153904720&pageNumber=0&numResultsPerPage=- - 50&largeNumResultsPerPage=0&sortorder=descending&sort- field=MMT+descending%2CPRICE+descending&certifiedOnly=false&a- mp;a- mp;recnum=1&leadExists=true&criteria=K-%7CE-%7CM-_5_%7CB-- - 35000%7CA-25000%7CD-_31_%7CN-N%7CR-100%7CI-1%7CP-MMT+descending%2- CPRICE+descending%7CQ-descending%7CZ-08901&aff=national
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Just kidding.. I don't know what the market in Canada is like, or if they have the $1500 USD dealer incentive... But, if $6K CAN is equivalent to $4K or more USD... Then, that would be a good deal.
regards,
kyfdx
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Orient Blue
Premium pkg.
Cold Weather
Harmon Kardon Premium sound
MSRP was $36,195
Invoice was $33,160
I essentially paid $1,100 over invoice for a factory ordered car. They did sneak in a $198 documentation fee at the end, but I still went with the purchase b/c I thought it was a good deal. Edmunds' TMV is $35,400. Any thoughts if this was indeed a good deal?
Either way, I think you did very well. I purchased a similar car for $1,500 over invoice not counting the MACO which I believe was $300 (?). That would still make it $1,200 over invoice on the car I purchased.
Edit: MACO + training fee is alledgely $465 (verbal from a salesman) for Arizona where I bought my car so that would make it $1,039 over invoice including the doc fee I paid ($184).
$29,300 base
695 freight
1,275 automatic
1,000 cold winter pkg
675 harmon k sound system
1,450 leather
$34,395 Total
- $500 discount
+ $197 admin fee
+ $125 car mats
$34,217 final
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Titanium Silver Metallic
Black Leatherette
Steptronic
Heated Seats
Invoice: 31,795
MSRP: 34,645
Dealer Quote: 33,750
I remember reading that people are getting upto 2000 off on the '05s. Considering a doc fee of $400, should I be looking at an asking price below 33K?
Thanks in advance for your comments.
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1) necessary or even desirable to install a car alarm -- are there any benefits at all -- or is it a rip-off?
2) if the answer is that a car alarm is a good idea, what is the best kind to get? -- and is it better to have the dealer install it or farm it out?
thanks in advance
If you go for the alarm, get the manufacturer's alarm. Order it through a web site, install it yourself, and then go to your dealer for alarm activation.
The car can't be driven away with the engine immobilizer, but it can be flat-bedded or broken into. The alarm discourages a casual thief.
kirstie_h
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I was very surprised at the deal I got at the Manhattan location. I almost didn't even bother contacting them because I assumed they would be the MOST expensive, but they beat everyone else by almost $1,000 and the customer service was no different than any other locations in the area.
I urge you not to overlook the Manhattan dealership.
very helpful comments -- you have together persuaded me that it is worth the cost (financially and -- especially -- psychologically)
many thanks
regards,
kyfdx
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