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///Mpty pockets
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umichalumni said:
I am looking to own my first BMW, I am currently looking to lease a CPO 1999 328i from a dealer. I'm looking for SP, PP, Xenons, I might forgo the nav system since it cost $2800 back then and it is rare in 1999's but it would be nice to get :) Anyway would anyone know what would be a fair price to pay for this car? When I add it all up on edmunds.com it comes out to near 30k using their TMV and that doesn't seem reasonable. Anyway I don't think they have updated their tmv price in a while to account for depreciation.
BMW's do hold their value well, and CPO prices are normally really high. I started looking at CPO cars but ended up buying a new model using the Owners Choice financing and was able to keep my payments very close to those for the CPO cars. Before you settle on a CPO be sure to look at the new models. I know in my area right now (Baltimore) there are dealers offering low lease payments on leftover 2002's.
 
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