New or Used

kunzite21 · 08-07-2009, 09:10 AM

Well i just inherited a good bit of money, with most of it going to pay off the house I have left myself with $45000 for me and my wants. and what I really want is a BMW. would really like a 335i but cant afford it new. or I can get a fully loaded 328i. should I go new or used. Things I must have 6mt, sport, premium, ipod/usb, idrive/nav. is the 1 series even worth looking at? dealers where i live only order their cars in auto so looks like i am going to have to drive far to find a 6 speed. This will be my first car in this price range so I dont want to make a poor choice.

jopa489 · 08-07-2009, 09:18 AM

Lease depreciating assets, buy appreciating assets. Unless you think the mod bug will hit you.

If you have to order your car, it's no big deal. Dealers make it smooth and you can order exactly what you want. Be sure to drive both the 328 and 335 to see what suits you best, along with the 1 series if that interests you. All of them are good cars, you won't be disappointed.

CPO cars are generally fine as well. They're most often lease returns, so they have been maintained by the dealer. It just depends on what you want in the car, what you want to spend, and if you lease or buy. You can't really lease a CPO, and it will be more difficult to find a CPO 1 series since it's a relatively new car for BMWNA.

Check out BMWUSA.com to see what options are available on these cars, go to the dealer to check them out and drive them, and then you can make your decision of buying new or CPO.

Ryan323i · 08-07-2009, 09:19 AM

Are you planning to drop the entire amount on a car? If so, just get the 335i new and take out a small loan for the rest. If you want to save a good bit of that money, you can't go wrong with a CPO. The 07 335s should be coming off leases by the end of this year and early 2010.

SpmnE9zero · 08-07-2009, 09:21 AM

If you will only have $45,000.00 left over, I think your first mistake is planning on spending it all on a car. JMHO.
I would go for a 07 335, can prolly get one near $28k or so and have much money left over. Would feel pretty good having house and car paid off with close to $20k still in the bank. (that is all considering a car is a high enough priority in your life to pay cash for it, I personally would never spend my own money on a car when I can spend the banks instead, and let them make a measily 0.9% on me. Then I would still have $45,000.00 to invest or just sit on for the down payment for a house on the beach somewhere)

Actually I would probably go get a 05 or so Chevy Malibu (daily driver), and pick up a 02-03 Porsche 911 Turbo for somewhere around $35k at Manheim. (still only putting down a minimal payment when financing)

JoeyBananaz18 · 08-07-2009, 09:30 AM

CPO is cool, but it made me very uneasy thinking that the car i was going to buy was beat on and driven hard. in the end i went with 335i coupe. trust me-you want the 335. another option you have is to lease. 2010s are gonna be here very soon. you can order your car, pick it up 6 weeks later, lease or 3 years and then decide what you want to do in the end. 335 lease. do it. good luck and keep us posted.

kunzite21 · 08-07-2009, 09:32 AM

no 45000 i left for a car i put 60k in the bank its just hard for me to spend this much on a car as i have only spent 23k max on a car before

Michael Schott · 08-07-2009, 09:35 AM

If I were you and had that budget, I'd get the 335 but dump the iDrive to get it into your price range. With a decent discount this will work for you. This way you get a brand new car with the full warranty.

Thanks, Mike.

SpmnE9zero · 08-07-2009, 09:36 AM

Quote:

Originally Posted by kunzite21

no 45000 i left for a car i put 60k in the bank its just hard for me to spend this much on a car as i have only spent 23k max on a car before

Nice!
I was hoping, its just that some people would not think that way.

yomama69 · 08-07-2009, 09:36 AM

Quote:

Originally Posted by kunzite21

no 45000 i left for a car i put 60k in the bank its just hard for me to spend this much on a car as i have only spent 23k max on a car before

DON'T drop all that on a car. You can finance one for 1.9% now. You can make more money investing. Put like 10K down and finance the rest, and invest the rest of the 35K.

adelphi_sky · 08-07-2009, 09:37 AM

Quote:

Originally Posted by kunzite21

no 45000 i left for a car i put 60k in the bank its just hard for me to spend this much on a car as i have only spent 23k max on a car before

I applaud your financial choices. Though, I would've left a few dollars on my house as a tax shelter. By a year old CPO with about 10, 000 miles or fewer. It will be just like brand new and about $10,000 cheaper.

yomama69 · 08-07-2009, 09:38 AM

Quote:

Originally Posted by adelphi_sky

I applaud your financial choices. Though, I would've left a few dollars on my house as a tax shelter. By a year old CPO with about 10, 000 miles or fewer. It will be just like brand new and about $10,000 cheaper.

I wouldn't have paid off the house, especially if the interest rate was low.

kunzite21 · 08-07-2009, 09:56 AM

the money we were spending every month for the house was a real drain its nice not to have that any more and even with taxes we are still ahead as we put more in the bank.... Plus I hate owning anyone money

335i_LeMans_pkgmax · 08-07-2009, 10:07 AM

Quote:

Originally Posted by kunzite21

Well i just inherited a good bit of money, with most of it going to pay off the house I have left myself with $45000 for me and my wants. and what I really want is a BMW. would really like a 335i but cant afford it new. or I can get a fully loaded 328i. should I go new or used. Things I must have 6mt, sport, premium, ipod/usb, idrive/nav. is the 1 series even worth looking at? dealers where i live only order their cars in auto so looks like i am going to have to drive far to find a 6 speed. This will be my first car in this price range so I dont want to make a poor choice.

Do yourself a favor and just get the 335i brand new. Put down $45000 and take advantage of 1.9% rate. I just ordered a 335i xdrive (2009) and have M Sport Package, Premium, Cold weather, ipod/usb. I am paying $46000 and if you just swap out the M Sport for the regular Sport Package and add the Navi your around the same price. I would advise you hurry and try to do this as soon as possible before they only take orders on 2010. Please update us on your search.

samchoi604 · 08-07-2009, 10:39 AM

The 335i is no Honda accord. The car isn't known for its spectacular reliability, but its driving ability. CPO warranty doesn't cover everything, buy used only if you can and know how to work on a BMW by yourself, otherwise buy/lease a new one, have an ease of mind, and take advantage of the low interest rates. You'll thank me later.

02themax · 08-07-2009, 11:51 AM

Quote:

Originally Posted by kunzite21

the money we were spending every month for the house was a real drain its nice not to have that any more and even with taxes we are still ahead as we put more in the bank.... Plus I hate owning anyone money

Good choice and congratulations! Don't buy new unless you lease, get a used cpo prices are down you'll get a better deal.

Rome · 08-07-2009, 11:54 AM

imho dont spend all 45k into a car, it would be nice but stupid at the same time. Get a used 335i 07? Keep the rest of the money for a rainy day..

MrDummy · 08-07-2009, 11:56 AM

I could not afford a new one, but I agree to save your money I mean I got a 2006 325xi for half the price of a 2009 328xi with the same options. Yes its 3 years older but saving $20,000 is pretty nice.

flux · 08-07-2009, 12:00 PM

get used from a dealer!!
believe it or not i am happier i went with used.
here was my deal. 19k miles navi and premium black on black.
25k was the price. i traded a mini cooper s for 8.5k
i am paying .9% finance on the rest, 300 a month...
and it was basically just broken in for me and i have 100k mile warrenty.
so literally i am paying 300 a month for everything including service.
cant get much better than that.
try to find a dealer to make "deals" with.

yomama69 · 08-07-2009, 12:20 PM

They gave you 0.9% on CPO?

Ryan323i · 08-07-2009, 12:32 PM

Quote:

Originally Posted by yomama69

They gave you 0.9% on CPO?

you can get that if you go 36 months I believe.

VTECaddict · 08-07-2009, 12:44 PM

They've been doing 0.9% on CPO for a while. Only 2006's though, and only up to 36 months. Used to be up to 48 months back in March/April.

kunzite21 · 08-07-2009, 01:24 PM

dealer upstate from me has a 2008 335i 23k miles, white/ with red leather, sport, premium, AT, usb/ipod, and sat radio for $36000 best used i have found so far. tho not a fan of AT or red leather i'm going to look at it after work

08-07-2009, 09:10 AM	#1
kunzite21 New Member 2 Rep 29 Posts Drives: dodge ram 1500 5.7 hemi Join Date: Aug 2009 Location: Columbia SC iTrader: (0)	New or Used Well i just inherited a good bit of money, with most of it going to pay off the house I have left myself with $45000 for me and my wants. and what I really want is a BMW. would really like a 335i but cant afford it new. or I can get a fully loaded 328i. should I go new or used. Things I must have 6mt, sport, premium, ipod/usb, idrive/nav. is the 1 series even worth looking at? dealers where i live only order their cars in auto so looks like i am going to have to drive far to find a 6 speed. This will be my first car in this price range so I dont want to make a poor choice.
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08-07-2009, 09:18 AM	#2
jopa489 Major General 122 Rep 6,594 Posts Drives: Anything with Wheels Join Date: Mar 2009 Location: USA iTrader: (9)	Lease depreciating assets, buy appreciating assets. Unless you think the mod bug will hit you. If you have to order your car, it's no big deal. Dealers make it smooth and you can order exactly what you want. Be sure to drive both the 328 and 335 to see what suits you best, along with the 1 series if that interests you. All of them are good cars, you won't be disappointed. CPO cars are generally fine as well. They're most often lease returns, so they have been maintained by the dealer. It just depends on what you want in the car, what you want to spend, and if you lease or buy. You can't really lease a CPO, and it will be more difficult to find a CPO 1 series since it's a relatively new car for BMWNA. Check out BMWUSA.com to see what options are available on these cars, go to the dealer to check them out and drive them, and then you can make your decision of buying new or CPO. __________________ X7 LCI // Incoming C7 ZR1 ZTK // Sebring + TRX // Hydro + Raptor Gen1 Roush // Tuxedo
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08-07-2009, 09:19 AM	#3
Ryan323i Captain 22 Rep 844 Posts Drives: 2015 320i xDrive Join Date: Feb 2007 Location: Columbus, OH iTrader: (0)	Are you planning to drop the entire amount on a car? If so, just get the 335i new and take out a small loan for the rest. If you want to save a good bit of that money, you can't go wrong with a CPO. The 07 335s should be coming off leases by the end of this year and early 2010. __________________ 2015 320i xDrive \| Imperial Blue Metallic/Black SensaTec \| Sport Package \| Lighting Package \| Moonroof \| Heated front seats Past BMWs: 2006 330i, 2000 323i
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08-07-2009, 09:21 AM	#4
SpmnE9zero DENY THE WORLD THAT SURROUNDS YOU 505 Rep 35,580 Posts Drives: JB 33ZERO Join Date: Nov 2008 Location: City of Champions iTrader: (14) Garage List 2006 330xi [0.00]	If you will only have $45,000.00 left over, I think your first mistake is planning on spending it all on a car. JMHO. I would go for a 07 335, can prolly get one near $28k or so and have much money left over. Would feel pretty good having house and car paid off with close to $20k still in the bank. (that is all considering a car is a high enough priority in your life to pay cash for it, I personally would never spend my own money on a car when I can spend the banks instead, and let them make a measily 0.9% on me. Then I would still have $45,000.00 to invest or just sit on for the down payment for a house on the beach somewhere) Actually I would probably go get a 05 or so Chevy Malibu (daily driver), and pick up a 02-03 Porsche 911 Turbo for somewhere around $35k at Manheim. (still only putting down a minimal payment when financing) __________________ Eurocharged V5 \| ROW's / CC Delete \| K&N's \| H&R Springs \| Single Fin G.B. Grill \| Mode Carbon Diffuser \| JBSpeed CF Spoiler \| Arkym Style CF Splitter \| CF Mirror Caps \| 5% Tints \| 12mm Spacers \|
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08-07-2009, 09:30 AM	#5
JoeyBananaz18 Brigadier General 398 Rep 4,084 Posts Drives: metrocard Join Date: May 2009 Location: Whitestone, NY iTrader: (3)	CPO is cool, but it made me very uneasy thinking that the car i was going to buy was beat on and driven hard. in the end i went with 335i coupe. trust me-you want the 335. another option you have is to lease. 2010s are gonna be here very soon. you can order your car, pick it up 6 weeks later, lease or 3 years and then decide what you want to do in the end. 335 lease. do it. good luck and keep us posted. __________________ 7/18/09- I pick up my baby- 2009 E92 335i Xdrive, Space Gray over Coral Red. Premium Pkg, Cold Weather Pkg, M-Sport Pkg, 193Ms, Gloss Black grills, Custom Gloss Black Mirrors, Performance shift and E-brake boot, M3 spoiler, Euro fog switch, gloss black interior tim, Coco-Mats (red/black), H&R coilovers, 19'' Alufelgen SF-71s......
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08-07-2009, 09:32 AM	#6
kunzite21 New Member 2 Rep 29 Posts Drives: dodge ram 1500 5.7 hemi Join Date: Aug 2009 Location: Columbia SC iTrader: (0)	no 45000 i left for a car i put 60k in the bank its just hard for me to spend this much on a car as i have only spent 23k max on a car before
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08-07-2009, 09:35 AM	#7
Michael Schott Colonel 343 Rep 2,118 Posts Drives: 2017 VW GTI Sport Join Date: Dec 2007 Location: Farmington Hills, MI iTrader: (0)	If I were you and had that budget, I'd get the 335 but dump the iDrive to get it into your price range. With a decent discount this will work for you. This way you get a brand new car with the full warranty. Thanks, Mike.
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08-07-2009, 09:56 AM	#12
kunzite21 New Member 2 Rep 29 Posts Drives: dodge ram 1500 5.7 hemi Join Date: Aug 2009 Location: Columbia SC iTrader: (0)	the money we were spending every month for the house was a real drain its nice not to have that any more and even with taxes we are still ahead as we put more in the bank.... Plus I hate owning anyone money
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08-07-2009, 10:39 AM	#14
samchoi604 Colonel 60 Rep 2,334 Posts Drives: black on black Join Date: Mar 2009 Location: Burnaby, BC iTrader: (3)	The 335i is no Honda accord. The car isn't known for its spectacular reliability, but its driving ability. CPO warranty doesn't cover everything, buy used only if you can and know how to work on a BMW by yourself, otherwise buy/lease a new one, have an ease of mind, and take advantage of the low interest rates. You'll thank me later.
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08-07-2009, 11:54 AM	#16
Rome :)))))) 26 Rep 577 Posts Drives: reckless Join Date: Aug 2009 Location: Toronto iTrader: (1)	imho dont spend all 45k into a car, it would be nice but stupid at the same time. Get a used 335i 07? Keep the rest of the money for a rainy day..
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08-07-2009, 11:56 AM	#17
MrDummy →сяuisiиg iи му вмш← 66 Rep 1,642 Posts Drives: 2010 Space Gray 328i Join Date: May 2009 Location: The Unemployment Capitol of America iTrader: (1) Garage List 2010 BMW 328i [0.00]	I could not afford a new one, but I agree to save your money I mean I got a 2006 325xi for half the price of a 2009 328xi with the same options. Yes its 3 years older but saving $20,000 is pretty nice. __________________ SuPerMoD @ MassMonsterz.com A "Happy" Owner of a Metallic Space Gray 2010 BMW 328i ProGaMeR on the XboX 360
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08-07-2009, 12:00 PM	#18
flux Lieutenant 24 Rep 461 Posts Drives: E90 M3 LCI Join Date: Feb 2009 Location: The Colony, TX iTrader: (0) Garage List 2009 E90 M3 [0.00] 2007 E90 335i [0.00] 2006 325i [0.00]	get used from a dealer!! believe it or not i am happier i went with used. here was my deal. 19k miles navi and premium black on black. 25k was the price. i traded a mini cooper s for 8.5k i am paying .9% finance on the rest, 300 a month... and it was basically just broken in for me and i have 100k mile warrenty. so literally i am paying 300 a month for everything including service. cant get much better than that. try to find a dealer to make "deals" with.
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08-07-2009, 12:20 PM	#19
yomama69 Banned 60 Rep 688 Posts Drives: 2007 E90 335i Join Date: Jan 2009 Location: Austin, Texas iTrader: (0)	They gave you 0.9% on CPO?
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08-07-2009, 12:44 PM	#21
VTECaddict Where'd my VTEC go? 481 Rep 6,067 Posts Drives: 06 330i 6MT Join Date: Mar 2009 Location: Seattle, WA iTrader: (4)	They've been doing 0.9% on CPO for a while. Only 2006's though, and only up to 36 months. Used to be up to 48 months back in March/April. __________________ AW/Terra \| ZSP \| ZPP \| ZCW \| iDrive \| CA Mods: BC BR coilovers \| Blacklines \| M-tech rear \| dual exhaust \| M3 steering wheel \| BMW SSK \| ZHP shift knob \| High-kick CF spoiler \| NBT Retrofit M3 front control arms \| M3 rear guide rods \| Manzo rear toe and camber links \| Monroe rear shock mounts \| Varrstoen ES1 19x9.5+20 Front, 19x11+25 rear
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08-07-2009, 01:24 PM	#22
kunzite21 New Member 2 Rep 29 Posts Drives: dodge ram 1500 5.7 hemi Join Date: Aug 2009 Location: Columbia SC iTrader: (0)	dealer upstate from me has a 2008 335i 23k miles, white/ with red leather, sport, premium, AT, usb/ipod, and sat radio for $36000 best used i have found so far. tho not a fan of AT or red leather i'm going to look at it after work
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