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E90/E91/E92/E93 (2006 - 2013)
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  #1  
Old 02-21-2013, 02:30 PM
pastrami pastrami is offline
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Planning on getting my first 328 - a few rookie questions

WAHOO! Finally decided to reward myself for paying off all my school loans and being debt free . by getting in debt again This will be my first, hope to get some insights/tips from the veterans in here.

I have my eyes set on a 328i, been wanting one ever since college. My price point is $30k +/- $1-2k. Given this, I would prob. be looking at a used 328i with the most basic options, or rather no options. I'm not looking for the best deal ever, but the SDer in me want to make a good purchase and not something that will be a pain in the ass in the future.

Now for the questions, hopefully they're specific and not too opened ended that will lead to long heated discussions with no outcome.

2011 vs 2012 vs 2013?
Price-wise which would give me the best bang for the buck . 2011 are about $27k, $2012 - $32k, 2013 - $36k.
Looks like the 2013 is out of my price-range . so difference between each of the year is roughly $4-5k. Is the 2012 worth it for $4-5k extra? Plan on test driving the 2011 and 2012 end of next week.


Mileage
When looking for an used car, is there a mileage I should try to stay under? 10k, 20k, $25k, etc? When do problems start creeping up?


To CPO or no CPO
I did a search on the boards and it seems like there are two camps on these, some say that I definitely should get it some say there it doesn't really matter if the car is still under warranty. Is the bottom-line just ot make sure the warranty is covered to 100k or 7yrs?


Company car, yea or nay?
I know loaners are a definite no, no, but what about company cars? I noticed that some details of the cars states that it was previously a company cars, are these ok or should I stay away from them? Generally most of the are low mileage with all the original warranty and maintenance programs.


Best time to buy this year?
Wait for 2014 to be release this summer and snag one of the older models or it doesn't matter? I've also read in general, best is to wait till the end of the month before talking to the dealers? I'm in no rush, so I can wait till the end of the summer and towards end of the month.


How much wiggle room is there for the prices listed on the CPO search results?
This is the question I've seen many replies on, some say anywhere between $2-3k some say no wiggle room at all.


Lastly, what do you guys think of this one from bmw's cpo search results:
Certified 2011 BMW 328i Sedan - $26,296, Mileage: 18,522. Value Pkg.
Used 2011 BMW 328i Sedan - $26,775, Mileage: 10,677. Value Pkg.
Used 2012 BMW 328i Sedan - $31,995, Mileage: 7,772, Value Pkg, previously a company car.

edit: formatting
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  #2  
Old 02-22-2013, 05:58 AM
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laser laser is offline
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I've found the sweet spot for buying a used BMW is 2 years old with around 20k miles. That gives you two years of OEM warranty and full maintenance. You get 2 years to work out any inevitable kinks at the dealer. Not necessary to pay up for CPO as you can always buy an extended warranty as the OEM expires at the 48 month 50k point if you decide to keep the car.

I'd add some comfort options rather than a bare bones stripper since you are buying used at a discount and it will sell better when you are done with the car.
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  #3  
Old 02-22-2013, 06:04 AM
avocet avocet is offline
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imo, there are a few must have options:

sports package
logic 7
xenons
(for me)6spd manual
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  #4  
Old 02-22-2013, 06:46 AM
jaytank jaytank is offline
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Quote:
Originally Posted by laser View Post
I've found the sweet spot for buying a used BMW is 2 years old with around 20k miles. That gives you two years of OEM warranty and full maintenance. You get 2 years to work out any inevitable kinks at the dealer. Not necessary to pay up for CPO as you can always buy an extended warranty as the OEM expires at the 48 month 50k point if you decide to keep the car.

I'd add some comfort options rather than a bare bones stripper since you are buying used at a discount and it will sell better when you are done with the car.
I agree with this..
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  #5  
Old 02-22-2013, 07:15 AM
xWulfgar xWulfgar is offline
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Mein Auto: 2011 328i xDrive
+2 on the "need more than Value Package"
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  #6  
Old 02-22-2013, 07:25 AM
Rival Rival is offline
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Location: IL
 
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Quote:
Originally Posted by laser View Post
I've found the sweet spot for buying a used BMW is 2 years old with around 20k miles. That gives you two years of OEM warranty and full maintenance. You get 2 years to work out any inevitable kinks at the dealer. Not necessary to pay up for CPO as you can always buy an extended warranty as the OEM expires at the 48 month 50k point if you decide to keep the car.

I'd add some comfort options rather than a bare bones stripper since you are buying used at a discount and it will sell better when you are done with the car.
X2X......


buy a 2011 with 20k or so on it. or a CPO.
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  #7  
Old 02-22-2013, 08:20 AM
Pilgrim Pilgrim is offline
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Having sold cars for a couple of years, my opinion is that the sweet spot on ANY kind of used car is around 2-4 years old with under 40K miles. Under 30K miles is even better.
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Last edited by Pilgrim; 02-22-2013 at 09:49 AM.
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  #8  
Old 02-22-2013, 08:46 AM
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Last Sight Last Sight is offline
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I would personally stay away from anything that is over 15,000mi/yr average (usually the top of the average range for Americans) partially due to the fear that whoever drove that much may not have maintained the car well or driven it too hard. For example, when I bought mine I saw a 2010 with 50,000 miles on it...25k mi/yr is pretty high. Instead I got an 09 328 with 37k mi and CPO.

Regarding CPO pricing - do your homework as to what the car is worth. I used NADA and KBB to find that my car was ~$2k over NADA. I couldn't get to the dealer over the weekend and then the price dropped $2k on Monday, I went in, haggled a bit, got another $400 off, and drove away.

Good luck
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  #9  
Old 02-22-2013, 02:09 PM
ddgrandy ddgrandy is offline
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My advice after doing the same thing (buying used) get the CPO for as long as you can, these are awesome cars and worth every penny, but for a first timer, and someone who is being careful with spending these cars can/are expensive to maintain. I got mine with the CPO and for the additional 3 years of coverage I had a couple of issues came up and all I paid was my $50 deductible on charges that average $800 to $1000. So definitely you want to keep this car maintained and always in top shape and unless you can really afford the out of pocket expenses have the coverage helps a lot.

Good luck and happy trails
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  #10  
Old 02-22-2013, 03:08 PM
GreggBrent GreggBrent is offline
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I've had good experience with the executive cars. Can get relatively brand new cars with fairly high discount. And I always prefer a very low mileage car if you're getting a big discount.
Not sure how your roads are like in SF but if anything like NY would stay away from sports suspension and low profile tires. read the threads on the heartache of RFTs and bad roads.
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