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E90/E91/E92/E93 (2006 - 2013)
The E9X is the 4th evolution of the BMW 3 series including a highly tuned twin turbo 335i variant pushing out 300hp and 300 ft. lbs. of torque. BMW continues to show that it sets the bar for true driving performance! -- View the E9X Wiki

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  #1  
Old 08-13-2016, 09:43 PM
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SteVTEC SteVTEC is offline
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Mein Auto: '11 E93 / '12 E70d
last year with my 2011 E93 335i

Hey Festers and E9x crew!

Been a long time since I've been around here. We have loved and enjoyed the E93 immensely since 2011, but it's getting to be that time. Bought out the lease in 2014, and flipped it to a CPO with the 6 year warranty. Still only has 38k miles on it, but we're in the final year of the CPO warranty now. What to do...

Kids gave it a wash yesterday, and didn't do too bad of a job!


One part of us says to hold onto it past the CPO. It'd be nice to not have a car payment for a year or so, but... There's no way I'd want to own this car without a warranty. It's been reliable for the most part, but with the convertible...

Cost to extend the warranty from 6 to 7 yrs, on the convertible, is like $2k (quoted when we were buying out the lease) Factor in whatever misc maintenance comes up, possibly another set of tires, $1-2k. And holy smokes, this car will still depreciate $3-5k in just another year? I looked up my 2011 with 38k and was about $23-25k, vs $19-21k for a 2010 with 45k and equipped the same.

So "true cost" to hold onto the car another year $6-9k.

Does that sound about right??

If that's really about right, I'd rather take the money and put it into another car. Generally pleased with the LCI F3x cars, so that's probably where I'm headed next, but haven't decided what. F30, F31, F36?? Biggest downer is that the F33 isn't really in the running, as we've picked up a permanent fifth member of the family so kinda need 5 seats, and I could really use a car with some more utility to it.
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2012 E70 X5d (IT'S HERE!) Deep Sea Blue / Sand Beige, Premium, 3rd Row, Multi-Contour
2011 E93 335i Deep Sea Blue / Oyster, Step, Premium, Convenience (PDC & CA), and that's it


HR&G Full Review: 2014 F33 428i M-Sport Convertible (my side auto-journo gig)

Last edited by SteVTEC; 08-13-2016 at 09:51 PM.
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  #2  
Old 08-14-2016, 02:53 PM
Robin128 Robin128 is offline
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Mein Auto: 340i M Sport,Volvo T5 man
Who cares about finances and residuals?

Is this your last chance to get your hands on a new 3er with a B58 motor?

Or should you stick with ole faithful and start saving for school/university fees...weddings etc??

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  #3  
Old 08-14-2016, 04:21 PM
328iblack 328iblack is offline
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last year with my 2011 E93 335i

I think the value of these cars has been hurt by the airbag recall. That being said, if it is paid off , hold onto it. I have the same year car, 72,000 miles and the only issue I had was the oil pan gasket needed to be replaced. The dealer did the gasket before I bought it. I would take it in , while its under warranty and have them look at that , it probably would be covered and will need to be replaced. Not having a car payment goes a long way in making a decision like this! Good luck .

Last edited by 328iblack; 08-14-2016 at 04:22 PM.
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  #4  
Old 08-14-2016, 04:26 PM
328iblack 328iblack is offline
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Sorry I have the IS!
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  #5  
Old 08-14-2016, 05:18 PM
Heracles Heracles is offline
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I have a 2011 335 xdrive msport and warranty running out Aug 2017.. I'm not really concerned

I think the bad stories we all here mostly stem from people modding their cars

If they are maintained they should be reliable and good
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  #6  
Old 08-14-2016, 05:28 PM
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rdkind62 rdkind62 is offline
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I think you are concerned about nothing. You already paid more than you needed to most likely since you paid for the extended warranty and haven't used it, at least not that you mentioned. It is still low mileage and not likely to have any significant issues for many years to come if you keep driving it the way you have thus far.
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  #7  
Old 08-14-2016, 05:55 PM
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Pilgrim Pilgrim is offline
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I can't imagine any universe in which it makes sense to get rid of a good car with 38K miles on it and start making car or lease payments. It's a waste of money, and if you like the car you can probably enjoy driving it for another 5-10 years. My 2008 328ix has 109K miles on it and runs like a watch.
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  #8  
Old 08-14-2016, 06:31 PM
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taylerdo taylerdo is offline
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Hang On

OP, it sounds like you have an excellent car.

Keep it.

Don
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  #9  
Old 08-14-2016, 07:55 PM
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Pilgrim Pilgrim is offline
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Originally Posted by taylerdo View Post
OP, it sounds like you have an excellent car.

Keep it.

Don
^^^^^^^^^
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  #10  
Old 08-14-2016, 07:57 PM
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BashedBarrique BashedBarrique is offline
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SteVTEC,

You list the fact that your current car will depreciate "3 to 5 thousand dollars" in the next year. Need I point out that a new BMW (or any other new car) will depreciate MUCH more than that over the same time period?

But it sounds to me that you are looking for reasons to buy that new car. Life is short, if you can afford a new car and it will give you more pleasure than the car you have...

Go For It!
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  #11  
Old 08-14-2016, 09:06 PM
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sptt144 sptt144 is offline
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Quote:
Originally Posted by SteVTEC View Post
Hey Festers and E9x crew!

Been a long time since I've been around here. We have loved and enjoyed the E93 immensely since 2011, but it's getting to be that time. Bought out the lease in 2014, and flipped it to a CPO with the 6 year warranty. Still only has 38k miles on it, but we're in the final year of the CPO warranty now. What to do...

Kids gave it a wash yesterday, and didn't do too bad of a job!


One part of us says to hold onto it past the CPO. It'd be nice to not have a car payment for a year or so, but... There's no way I'd want to own this car without a warranty. It's been reliable for the most part, but with the convertible...

Cost to extend the warranty from 6 to 7 yrs, on the convertible, is like $2k (quoted when we were buying out the lease) Factor in whatever misc maintenance comes up, possibly another set of tires, $1-2k. And holy smokes, this car will still depreciate $3-5k in just another year? I looked up my 2011 with 38k and was about $23-25k, vs $19-21k for a 2010 with 45k and equipped the same.

So "true cost" to hold onto the car another year $6-9k.

Does that sound about right??

If that's really about right, I'd rather take the money and put it into another car. Generally pleased with the LCI F3x cars, so that's probably where I'm headed next, but haven't decided what. F30, F31, F36?? Biggest downer is that the F33 isn't really in the running, as we've picked up a permanent fifth member of the family so kinda need 5 seats, and I could really use a car with some more utility to it.
Would look great with some ArmorAll on the tires!!!
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  #12  
Old 08-15-2016, 07:13 AM
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SteVTEC SteVTEC is offline
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Thanks guys. Really looking to hear from other E93 owners though, and what the long-term experience has been. I've already had to replace the convertible top motor in this car once, and then had some top alignment issues after that. Misc other mostly minor issues, and yes the CPO warranty has probably paid for itself. It's been a good car, much better than I expected, but not problem free.

I forgot to mention that we're actually a family of 5 now, and that it's getting really annoying having to constantly borrow my wife's X5 to do way too many things. We also sold our extra car, my wife's old 2002 Toyota Highlander, which was also my utility vehicle, junk hauler, and winter beater. Every time we've started it lately, it's had a check engine light for one thing or another, and had just turned into a money pit that wasn't worth keeping any longer, for what little use we got out of it. A new Tanzanite Blue 440i M-Sport convertible looks so damned sweet, but I could really use something a bit more practical, that seats 5, and that I can haul some stuff with. If I was going to trade anyways, it makes sense to do it sooner rather than later with so much depreciation.

I'm wondering why there's a $5k drop in value between 2011 and 2010 E93's. Is it because the 2011 was the LCI year? Does that really make that much of a difference? Maybe 2011's would hold their value better, but that's still quite a bit of depreciation on 5-6 year old cars.
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2012 E70 X5d (IT'S HERE!) Deep Sea Blue / Sand Beige, Premium, 3rd Row, Multi-Contour
2011 E93 335i Deep Sea Blue / Oyster, Step, Premium, Convenience (PDC & CA), and that's it


HR&G Full Review: 2014 F33 428i M-Sport Convertible (my side auto-journo gig)
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  #13  
Old 08-15-2016, 07:17 AM
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SteVTEC SteVTEC is offline
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Quote:
Originally Posted by sptt144 View Post
Would look great with some ArmorAll on the tires!!!
Yeah, we ran out of time for that!
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  #14  
Old 08-15-2016, 07:22 AM
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SteVTEC SteVTEC is offline
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Quote:
Originally Posted by Pilgrim View Post
I can't imagine any universe in which it makes sense to get rid of a good car with 38K miles on it and start making car or lease payments. It's a waste of money, and if you like the car you can probably enjoy driving it for another 5-10 years. My 2008 328ix has 109K miles on it and runs like a watch.
I was actually considering a new F31 wagon, but I ended up talking myself out of that because it just made waaaay too much sense. Having a convertible with two young kids never made any sense at all, and now it makes even less sense as a family of five, but I don't think that means that I need to compromise all the way to a wagon. I think either the sedan or gran coupe will do. Or maybe I'd say to hell with it and just get another convertible anyways!
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  #15  
Old 08-15-2016, 07:24 AM
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need4speed need4speed is offline
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Originally Posted by taylerdo View Post
op, it sounds like you have an excellent car.

Keep it.

Don
+1
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  #16  
Old 08-15-2016, 07:53 AM
wcrawford wcrawford is offline
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I have a 2011 also and I refuse to get rid of it. My wife has a '09 328xi coupe with low milegae and was going thru the same thing as you. Loves her car but thought she needed another car that is more practicle and thought she should sell. Why? I said to her, if you're going to lease or buy, take the time to save a little, keep your coupe, and get the "practicle" vehicle you feel you have to have. That's what I'll do also. As for extended warranties, $2k for one year through the dealer is bulls--t. There are a number of very good companies out there that for that kind of money can provide you with a 100k/4yr bumper to bumper warranty that will allow you to take your vehicle to BMW or others for a covered repair. Keep your car and and still get your "practicle" vehicle.
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  #17  
Old 08-15-2016, 07:54 AM
OKI335 OKI335 is offline
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Given what you would have to spend to replace the car there is no way I would sell it. But that's why the keep making new ones.
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  #18  
Old 08-16-2016, 12:36 PM
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Biggiefl Biggiefl is offline
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With 3 kids you have way more to worry about than a new BMW unless their $35k/yr of college is paid for along with weddings and divorce money. Not to mention cars and insurance for them at 16/17. Better stop worrying what looks good in the garage and what you have coming up by the lease end date on that $65k SUV you don't really need. Then again I am a financial planner.

PS I bought my wife's 2008 335i E93 a year and a half ago with 16k miles. Just turned 26k and has a JB4. Only problem so far was a dead ORIGINAL battery and the usual windshield washer tank leak. Had no warranty when I bought it and don't care about one.
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Last edited by Biggiefl; 08-16-2016 at 12:40 PM.
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  #19  
Old 08-16-2016, 06:41 PM
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SteVTEC SteVTEC is offline
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Mein Auto: '11 E93 / '12 E70d
Quote:
Originally Posted by Biggiefl View Post
With 3 kids you have way more to worry about than a new BMW unless their $35k/yr of college is paid for along with weddings and divorce money. Not to mention cars and insurance for them at 16/17. Better stop worrying what looks good in the garage and what you have coming up by the lease end date on that $65k SUV you don't really need. Then again I am a financial planner.
Thanks. We have one of those too, and we're in good shape on all that. It's not a third child, but we do need a fifth seat for them to sit in, preferably in both cars. BMW had better "fix" the F15 LCI to our liking, otherwise my wife will be going elsewhere for her next car.
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