Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
2018 430i Gran Coupe
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
2018 430i Gran Coupe
It wouldn't surprise me if dealers were double selling either.
I'm not sure because I've only purchased a car in CT, but leased my E90 from a dealer in NY (so GAP is included).
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
2018 430i Gran Coupe
You do not get it, that is a leader ad... and how much out of pocket to get that price? If it is more then first month payment and Fee's it is a leader ad... :confuse:
How much do you think insurance will be on a brand new 328i for a 22 years old????
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
2018 430i Gran Coupe
2018 430i Gran Coupe
Here we go let's go used 3 purchase verse new 3 lease- both examples are 335.
All information from BMW.com
09 3 series 42k miles cpo from BMW used website- this
Selling Price $34,950 (there price prob negotiable)
2500 down, .9% (promotional rate, doubt a 22 yr old but lets use it)
Term 48mths, payment 689 a month.
Brand new 335 2013 special bmw lease
Vehicle Registered outside N.Y.
• $389 First months payment
• $3,000 Down payment
• $0 Security Deposit
• $725 Acquisition fee
• $4,114 Cash due at signing
Or doing the math 492.47 a month for 36 months
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Who cares about such tedious details as equity, mileage limits, full cost, etc., you can have new 335 for x per month and nothing else matters.
2018 430i Gran Coupe
I've never said leasing was better- but it's an option. Also I'm sure under the q&d math someone would also note that interest rates are typically lower on new cars then old ones. -
Btw over 50 % of those nice bmw3s come back to the show room as lease returns -
Who cares about such tedious details as equity, mileage limits, full cost, tetc., you can have new 335 for x per month and nothing else matters.
Yep, pretty soon we'd be expecting people to balance their budgets, too. Live it up like the Federal government!
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
It's not as cheap to own and maintain as a brand new car, but so far, the $100/mo I stick in the "car maintenance fund" has more than covered everything that has come up.
It doesnt have Bluetooth, Nav, iPod connectivity, etc., but it goes down the road like a magic carpet and has never left us stranded on the side of the road. It even looks as good as new (well...from 3 feet away :shades: ).
I spent about $3000 on the 911 for a 90K service and new tires a few months ago, but I haven't spent a dime on repairs for the E30. It's going to get an annual oil change next week.
You keep keep accusing me of these "leader ad" crap. however, you have no proof of it, so please show this forum any proof of this, since you are accusing me of something that is not true.
The "leader ad" - look if you do a search you will plainly see you are the person who first came up with this term - I understand you might be against leasing but the numbers (math) is more people lease these cars. This article is a little dates but makes my point. http://www.gminsidenews.com/forums/f37/most-luxury-cars-leased-bmw-mercedes-infi- niti-lead-pack-104834/
Do us all a favor- reevaluate the attacks - who and what you are against and have some data, an article , a picture or something other then your thoughts to back what you are saying.
New cars whether leased or owned are just a waste of money. And in the case of the 3-Series, a new one is actually a step down from used. Why anyone would pay $50k for a numb bloated F30 when they could have an E90 for $30k is baffling.
You keep keep accusing me of these "leader ad" crap. however, you have no proof of it, so please show this forum any proof of this, since you are accusing me of something that is not true.
I once read an article (did not do the math myself). It went something like this:
At 20 years old, person A buys or leases a new car every three years, then trades/turns in, and repeats every 3 years. After 45 years working life, he wants to retire.
20 yo person B buys a 3 yo car, drives it 10 years. Buys another 3 yo car. Repeat until retirement. Person B invests the amount that Person A was spending buying/leasing the new cars. Investment returns are averages for past 45 years.
Even allowing for the greater maintenance costs on the older cars, person B has over a *million dollars* from that invested money!
Now I'm not saying any of us shouldn't buy/lease that new car - I've done it myself! Just know that it is FAR more expensive to have new all the time, whether leasing or buying.
The G37x is rear-wheel biased and AWD only kicks in when wheels slip. Even with snow mode on, I've read plenty about folks fishtailing in snow and being disappointed with its snow performance vis-a-vis other AWD cars they've owned.
"AWD only kicks in when wheels slip" doesn't necessarily describe the G37X AWD system, but even a simple system like that can usually get the job done (see Honda CR-V).
What makes the G37X a little harder to control in the snow are "performance" all-season tires and gobs of power... The tires are crappy in snow and the throttle takes a light touch..
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
It is wonderful that system made it possible and convenient for somebody to drive a virtually new car all the time (and a nice one) and move from one to another in a seamless fashion, without big hassles. It is also true that some manufacturers subsidize those lease deals, which is effectively lowering their sticker prices without actually doing so. Even with all of that, constantly paying a portion of three years of depreciation (even if it is lowered by a subsidy) is more expensive than buying a car (cash or loan) and say staying just couple of years beyond the warranty expiration. The sweet spot would be eight to ten years, but even six would do for most of the situations, except extreme ones. Many say "you can't own a car beyond warranty, it will fall apart and cost you a fortune" I say there is no evidence of such and let an extended warranty pricing be a guide. Since that is a very profitable product (number of people get fed by just selling them), and 100K mile extension with small deductible on ELLPS will not exceed $4K (most likely it will be about three grand) adding that plus extra planned maintenance of about another 2-3 grand (also most likely less), gives us AT MOST 7 grand average price of extended ownership. In fact, majority of people will pay much less, some unlucky ones will pay more. Nobody will convince me that two times (even) subsidized three year depreciation plus interest (money factor) and fees (two acquisition fees - $1500, two disposal fees - $500-$1000) is less that one time 6-year unsubsidized depreciation plus interest, but no fees plus extra maintenance and repairs/ext. warranty. And 6-years old well maintained car is still nice enough, IMHO.
The only time the lease thing MAY be a trully cheaper alternative, is when the car is simply not driven by the leasee/owner, or to be more precise, when it is one of those (sorry Nurse and Doggy) "leader ad" deal, when the mileage limit is something like 8-10K per year. That will change the math in lease's favor, even with fees. However, for a normal commuter living in places like mine (no real public transit, 15-20 mile one-way just to get to work), the three year lease, even heavily subsidized, is a much more expensive proposition vs. extended ownership. It offers a convenience to those who will not be able to stay with their three-year old car, but even then it can be a tossup. Hwere is an example: in late 2008 I bought the STI, which I sold in early 2012 (3 years and change). In November of 2008, Lehman Brothers just went bankrupt, nobody was buying anything, Subaru offered $2500 off price that was already 2% under invoice PLUS 0% APR financing for 63 months. Basically $36.5K (plus fees, TTR, roughly $40K total) sticker became $29K ($33 with all taxes and fees). Three years later I sold it for $22.8K, 69% of total transaction price. It just so happened that the Japanese earthquake choked the new car supply to the point that used ones had prices beyond ridiculous. The lease offered at the time of purchase was at somewhere around 50% residual, i.e. $18 grand (not subsidized, and MF and all fees were definitely NOT zero). It was just a fluke, but even if I sold/traded the STI at originally projected value of $18K, the lease MF and fees would still be far more than the financing of the loan. At that time I investigated the lease becuase I did not consider STI to be my long-term choice anyway, but even with that the purchase showed to be much better course of action.
2018 430i Gran Coupe
Noticed you're looking at a "Saaburu". Are you buying it?
Got an invite for a "private event" to see the Acura RLX roll out. Also got an invite to look at the '13 Accord on the form of a $25 Mastercard. That was on top of the $50 Mastercard I got from Ford at the Chicago Auto Show.
Car companies sure like to hand out money to people who aren't in the market.
Dino...while I rarely keep a car past its warranty period, I agree...today there's little reason not to. All cars are more reliable today than at any time in history.
I made my offer on the Saabaru at 8:30 pm on Saturday night... guessing he wasn't too happy to get an offer of $500 less than asking... because, I haven't heard back from him... yet... (but, not everyone works 24/7.. lol)
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Given the dwindling market for Saabs (regardless of their origins), I'm suprised the dealer didn't offer to split the difference with you. If you get it, can't wait to hear the road story bringing it back.
I plan on buying, and keeping my next car, just like I did with my 330, so I have the new 3 series wagon, with the diesel engine or the 3 series GT with the diesel engine on my radar. I don't plan on modify the car, like I did with the 330, just plan on driving it.
2018 430i Gran Coupe
However, I'm sure when you price sedan to match wagons standard features (all wheel drive, fold down rear seat, sunroof), the differential is about 2 grand. I understand one may or may not want those, especially x-drive, but it's only fair to add to make apples to apples comparison. In "Dino's minimum config", i.e. red metallic, premium and lighting packages, anti-theft system, sport trim, including upgraded seats, sport transmission package (apples to apples), the price differential is about 2 grand ($49.6K wagon, $47.7K sedan). Steep, if you ask me for a (nice, admittedly) turbocharged four cylinder engine. Nice car, but no thanks for now - I stay with my E91, which cost me a few good thousands less, has extra navigation, a few more conveniences, including keyless entry, shades, homelink, parking sensors, basically another several grand of options on top of what's already high price. I can only imagine the price for 335i GT, when it comes in . I probably will have to wait even longer, if I wanted one.
I also noticed they finally made split rear folddown seat standard on 328/335. Interestingly enough, 320i does not have it standard. Talking about leader ad there... They really make it so they can advertise "starting at" with $299/month, or maybe even $259/m lease if you don't want leather. After loading with leather and stuff, it tops 40 thousand bucks, 45 if you really put "everything" on it, but not by whole lot, so there is real price separation with loaded 328i. To me, it is pointless, but I guess for those looking at white an blue propeller in front and nice handling, but not much more, they get something there. It may be even selling OK.
2018 430i Gran Coupe
You are right about out of warranty repairs being cheaper than buying a new car. What's the WORST case scenario with a BMW? iDrive crashes at 75K miles and needs to be replaced? What's that going to cost? $4000? So even if you have to outlay $4000, then pay for the 75K oil change, it is still cheaper than spending $50,000 on a new one. People like things shiny and new. They like to not pay for out of pocket repair costs. Most times because they live outside their means in the 1st place.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
Wow, I'm impressed. I know I already did say "I told you so", so this time I'm just "I'm glad you saw the light". No, seriously - from what you wrote last year about your finances and preferences, I thought right away then that if you trully liked the car and it proves to be good to you, buyout will be best option. You got a great lease deal, the buyout will only take away a little bit, as you'd pay back some of that subsidy from the inflated residual. But you still keep the other discount and you still keep low finance charge. The only reason to back off is, if over those next 18 months the car developes some serious issues, and I mean serious ones, not just window motors, or hose faults. Hopefully in 18 months you won't see any issues to spook you out of it.
BTW, hopefully not jinxing it, my only visit to a dealer in 19k miles/17 months was to do a basic maintenance. Not a single reliability-related issue - and why should it, really. This is advantage of buying a seasoned model, one that they worked out all the bugs before. The car has couple of annoyances, but they are due to design, not reliability. I can't stand the Point of Interest search on my Navigation. I think it's trully pathetic (categories, A-Z search, time it takes to display results, etc.) and several hundreds for an update of such a subpar system is simply ridiculous. It is 10% value and 90% brand, I'm not as inclined to pay for such mix.
My ipod nano sometimes does funny things - when I turn the car off and back on, the podcasts turn into fast forward (high pitch fast speach). All I need is to reset it by switching back to music and back to the podcast again. It is annoying, but I doubts dealer would even be able to replicate the issue and if he did, he'd say it's my ipod's fault, their car is perfect - so I don't bother.
What could go wrong? A lot of things, engine, transmission, electrical gremlins. All of it could be really costly, over ten grand even in really bad scenario. However, the real question is what is a chance? Small, very small in fact. Extended warranties are sold as insurances against catastrophic issues, but most of the time they serve as prepaid service for small nuisance stuff, costing less than the warranty itself. It is a peace of mind, indeed, but somewhat expensive. I'd rather buy such peace by having money in the bank and using it only when actually needed.
2018 430i Gran Coupe
I had heard about the Saab/WRX, and the quest to ascertain its condition.
I do remember those cars. They were Subaru WRXs with a slightly modified SAAB grill and trim (when GM had a stake in both).
At one time, those cars could be had on the cheap brand new. Now, SAAB is gone and Subaru is no longer affiliated with GM.
I actually thought about getting one when they were blowing them out. But, at the time, I had no need.
Again, kudos to you.
Once this lease is up, I'm going to stay off the hamster wheel. I'm going to buy whatever car I decide. I've got a sort of crazy short list in my head that includes but is not limited to:
Buying the lease out on my 328xi
Buying a used or CPO 2011 328xi with less miles (and less equipment).
Buying a CPO 335xi
Jeep Wrangler Unlimited (4 door, 4WD Convertible = very cool). The prices on these used are utterly ridiculous though.
I'm going to set my MAX budget @ $30K. Once the lease is up on my BMW, I'll have less than 2 years left to pay off my wife's Pilot. So once the pilot is paid off, I'll be able to double up on whatever I get next & pay it off early.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
http://www.facebook.com/events/551274494895629
Some 'pre-release' pictures here [ and elsewhere ]
http://www.carscoops.com/2013/03/2014-cadillac-cts-sedan-revealed-in.html
- Ray
Potentially interested in this new Caddy...
[ 420 HP & 430 TQ .. Yum ]
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
stick....so what's stopping you from undermining kyfdx and taking that car right out from under his nose? :P
Ray....I saw that new CTS pics and announcements. That looks pretty tasty. It certainly sounds like it will have the performance chops, too.
I'm wondering what pricing would be on that dual turbo 3.6L? I'll assume the regular breather 3.6 will be priced similarly to the current one.
I doubt pricing will be released until late Summer
at the soonest.
My GUESS is that a 2014 CTS Vsport will be in the $55k zip code...
- Ray
Interested
I do not think this is the car, I listen to a lot of podcast, and when I'm on the road I tend not to get lucky and get a rental with XM still activated, so I listen to my podcast, about half the cars I have the same issue as you. BTW, I use my iPhone. I'm wondering if it is a software issue with apple.. Some time the problem doesn't go away unless I use bluetooth audio to play the podcast... Other times I connect using my USB cable and have the problem..
2018 430i Gran Coupe
Car show highlights, yes I was there for the press preview.-
love the new cts and the new 6 that puts 400 hp plus go caddy. Good to see Americana running strong. New buicks (not acura TL) look pretty and new tweaks on camaro very nicely done, go Obama.
I don't know I'd that's the official mdx but not a fan, car looks dull vs old one.
Infinti asking for people to preorder the new g at a special price, scratching my head, but car looked pretty good.
Audi has the best looking fleet by far- range rover sport also pretty sweet.
On a side note, Fords audio system My Ford Touch, sucks.. I thought the first Gen of iDrive was bad, this Ford system is horrible....
My 3GS does have the 1/2X, 1X and 1.5X when playing an podcast.
On a side note, Fords audio system My Ford Touch, sucks...
I have it on my Explorer and IMHO it works pretty wrll. I have to say the biggest issue is typically the user - you have to know how to work it. It can be frustrating if you aren't used to it.