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As a result, fewer "pretenders" will be driving BMW's, restoring some well-needed status to the brand.
If BMW thinks the majority of leasees will all of a sudden be converted into buyers, I believe they are quite mistaken. They can offer 0.0% loans, but most folks won't bite because they will be justifiably concerned about expensive out of warranty repairs 4 years down the road.
The only thing that makes sense to me is to buy for cash or 0.9% for 3-4 years and then trade the car in at the end of the four year warranty for a new one.
BMW must really be hurting-for the first time the entire 2008 1 Series line is being offered for sale at 0.9%
I hope you're right.
However, BMWNA appears to think that status is in the wallet of the beholder. The folks who read Roundel are so, so far away from the vast majority of the people who acquire one new. Many of the articles have to do with cars that can't be bought, either any more, or at all -- small-displacement diesels, the 2002, the 1600, you name it.
BMWNA brings what they want to the U.S. and the market will speak over the next few years. It should be interesting.
FWIW, I'd be driving a BMW today if I could get a 2 or 2.5 litre diesel wagon with a manual. Or, I could flap my arms and fly to the moon (credit Charles Shultz).
Then there's that run-flat tire thing & the dipstick thing. The dipstick wouldn't be so bad if the high-tech substitute actually worked when it was introduced, but it didn't.
My put is that BMW is in deep s (let's say stuff).
This is going to be interesting to watch.
No doubt true, but try finding a base BMW available, especially when one ventures beyond the 3-series. Even for a 1 or 3 series, one would have trouble finding one without the premium package.
BMWNA is really hurting.... no doubt about it.... I have never seen an entire BMW line for sale at 0.9%.
With so many 2008's piling up, the outlook for the 2009's looks bleak at best. BMW will have to seriously cut production to the USA.
I have done an extensive search of Florida BMW dealer's new inventory and unfortunately most of the bare-bones 2008 1 and 3 Series vehicles that are left come with AT at a minimum.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
Regards,
OW
BMW isn't the only manufacturer of sports cars with this problem. I've encountered this with every new car I've test driven lately
So if you find "status" by absorbing huge depreciation cost, then you are indeed part of the select group that are willing to own a new BMW.
Now, for the first time in many years the BMW buyers will outnumber the leasees, giving much needed status back to the brand. Those who can afford one, will be driving one. The "pretenders" can go back to leasing a Honda Accord. Their bubble has finally burst.
Natural selection has finally come to BMW and I for one am glad of it.
Regards,
OW
The smart folks know this! The others buy their BMWs "loaded." :shades:
Hoping someone reads this forum ;-)
My lease on a 328xi is ending rather shortly and I have the opportunity to lease an '08 135i *at invoice* (inc. premium, cold weather, auto tranny, metallic paint, and dest charge). The MSRP is 41,600.
I will not be putting down any money up front beyond first month, acq. fee, and license/reg. The dealer quoted me a 56% residual and .003 money factor for 36 months/10k per year.
Does this sound right? I've been trying to find some current info, but the 1-series forums seem rather dead.
Thanks.
--Tennberg
The base rate on the 135 for 36 months is .00285.
Just so you are aware, for a 3yr/30k lease on a 335i sedan, they are currently offering a 63% residual and .00175 base rate money factor. The coupe is 61% and .00200. In other words, the 135 is still not a good deal when leasing.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
hpowders, you've mentioned the "reliable inline six" several times. You do know that all 1series and 3 series (except the M3) are inline sixes, right? Just that the x35 are twin turbo versus the non-turbo. Just curious what is meant by "the reliable inline six". Are you meaning the non-turbo inline 6? ...and both are 3.0 liters so lets let's not start talking engine size either!
Except for the 116i, 118i, 120i, 118d, 120d, 123d, 316i, 318i, 320i, 320is, 318i, 320i and Alpina D3, you mean?
If you look at world-wide sales proportions, 6-cylinder 3-series are maybe 20%. For the 1-series, maybe 5%.
I recently bought a 328i over a 335i-much better mpg with a more reliable engine. So my drive to the bank takes 13 seconds longer. I can live with that.
If I were looking at a 1 Series, I would choose a 128i coupe over a 135i for the same reasons.
Yep! Sure can! At least our personal experience. We did our first repairs to my wife's 2000 323i this year with 132,000 miles on it. Bearings went out in the electric radiator fan. Also replaced the idler pulley at the same time since it was starting to go and we were already in there. Only other issue is a weeping power steering hose that will need to get fixed sometime in the next year.
I know BMW build quality has gone down a bit in the last 5 years or so (possibly outsourcing to non-german factories?), which is a shame. Hope quaulity comes back up.
"Except for the 116i, 118i, 120i, 118d, 120d, 123d, 316i, 318i, 320i, 320is, 318i, 320i and Alpina D3, you mean? If you look at world-wide sales proportions, 6-cylinder 3-series are maybe 20%. For the 1-series, maybe 5%. "
Ha! :P One smarty in every crowd! Our discussion was around 1 and 3 series that are current model and available in the US. Didn't think I needed to specifically exclude non-US models, etc. but if it makes everyone feel better, I'll do better next time and add a list of disclaimers even if it's outside the scope of the conversation. Ha.
at 109k miles and counting is one of the more reliable vehicles I have ever owned and that includes a couple of Hondas.
I plan to keep it a while longer, these cars are built to last.
2001 BMW 330ci/E46, 2008 BMW 335i conv/E93
at 109k miles and counting is one of the more reliable vehicles I have ever owned and that includes a couple of Hondas.
Ditto for all the BMWs that I've owned. My 1995 Club Sport has only needed a thermostat, two belts and idler pullies(replaced as a precaution), and one set of pads and rotors in over 113,000 miles(not to mention numerous HPDEs and autocrosses). My wife's 2004 X3 has nearly 75,000 miles on the clock and it has only needed pads and rotors and a passenger seat SRS sensor(replaced under warranty).
Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive
I think I've seen maybe two One-Series Convertibles since they came out.
2001 BMW 330ci/E46, 2008 BMW 335i conv/E93
Doubtful, in fact I don't think you could do that w a 3er. IIRC the rear seat folds down which might help.
2001 BMW 330ci/E46, 2008 BMW 335i conv/E93
I certainly wouldn't call RFT's a deal breaker. Buy some proper tires and sell your unwanted RFT's on ebay
comments welcome
Yes. No problem. Trunk space is quite decent and actually about the same as the 3 coupe.
Pretty dead board for what's supposed to be the "entry-level" bimmer.
Here, I'll get us started:
Dazzling and scintillating.
Discuss...
Since they have come out I have seen perhaps two of the convertibles.
Anyone other than owners or dealership employees seeing these much?
2001 BMW 330ci/E46, 2008 BMW 335i conv/E93
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
Have to disagree about the 3 series, though. One reason I chose the 1 series is because it looks better in the flesh/sheet metal, although it's not as photogenic as the 3. Also, have to disagree about the bland interior. I have coral red leather in mine, with black trim. Nothing bland, here!
However, I have to agree about the better price. What a bargain for a beautiful car that can give you a 60mph rush in about 5 seconds, or so!
Yeeha!
After two years of researching and agonizing over too many marques and models I recently bought a Sparkling Graphite, Coral Red/Black interior, 135i convertible. It came from the dealer with every stinking option.
The car is absolutely gorgeous and dazzling, the handling and speed are exhilirating and breathtaking and the sound of the engine is sweet music. Almost 6,000 miles later, this is undoubtedly the perfect car for me ( except for the cup holders). I find myself grinning like the Cheschire Cat every so often, with my foot on the accelerator or while waiting for a light to turn. It's quite remarkable.
I've seen two black convertible 128's with the coral red and black boston leather. It looks much better in actuality than in photos. You should definitely go with this color interior. It really gives the car an extra wow factor with the top down!
I still have not seen another 135i convertible. I did see a 130i in Half Moon Bay. Must have been an overseas delivery.
You could look around for left over 08's. I see them on Auto Trader, still. They are discounting them at least $6000 off MSRP, here in the Bay Area. However, there are no financing deals from BMW on 08's, as far as I know. If you shop around on your own, I'm pretty sure the financing department at the dealership will try to beat whatever financing you may have lined up. Good luck and let us know what you end up getting!