Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > The Best of Bimmerfest! > Ask-A-Dealer

Ask-A-Dealer
Talk to our team of BMW Client Advisors. Get all of your buying/financing/leasing questions answered here!

Reply
 
Thread Tools Display Modes
  #1  
Old 07-29-2009, 07:46 AM
Dalex Dalex is offline
Registered User
Location: Fox Valley Area (Illinois)
 
Join Date: Jul 2006
Posts: 25
Mein Auto: 330xi
Owner's Choice in Illinois set to expire in 60 days

I have an '06 330xi that I purchased via the Owner's Choice program. The term was for 3 years and allowed for 15k miles/year (term is up at the end of September). The residual is about $28k and I am considering buying it out.

After some good reseach on this forum, I see that I've missed the boat on low buyout deals on lease turn-in's. It seems like I could have got my car for $25k about 4 months ago, but now BMWFS doesn't seem like they are moving off of the residuals (or in my case, the balloon amount).

I'm working with my CA from the dealership where the vechicle was purchased, and if he can't get a good number that makes sense, I would consider doing another Owner's choice on a new '09 335i xDrive.

My question is, how can I ensure that I'm getting the best number from my CA?
Can I bounce this information off of some you guys so that I can make the best purchase decision?

With the way the economy and job security has been, I want to be prudent and not tie up too much cash into a new vehicle - but at the same time I don't want to get a stripped down loaner vehicle either.

Thanks for any insights...
__________________
'97 VW Golf > '00 VW Jetta VR6 > '01 BMW Z3 3.0i > '06 330xi
Reply With Quote
Ads by Google
  #2  
Old 07-29-2009, 08:22 AM
Elias's Avatar
Elias Elias is offline
Officially Welcomed to the 'Fest
Location: Northern Va
 
Join Date: Jun 2005
Posts: 2,510
Mein Auto: 2012 650 Coupe, 323i
You can PM a few Sponsers on this board and you can call some local dealers to see where they all fall when it comes to selling you the car. My advise will be that its a used car market the dealer is in the drivers seat right now, I doubt your going to see much taken off the residual. You can try and negotiate the CPO price I've seen a few on here get $500 off maybe more. GL
__________________

2012, 650i Coupe, Carbon Black, Black Nappa leather, M Sport , CWP,DAP, IAS, 20" Wheels,
BMWCCA Member since 07/2008
Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > The Best of Bimmerfest! > Ask-A-Dealer
Today's Posts Search
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



Forum Jump


All times are GMT -7. The time now is 03:29 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
© 2001-2011 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms