My 335i lease is ending ... should I buyback?

Maxtor · 02-09-2010, 08:35 PM

So my 2007 335i is lease is coming due in May. Monaco Blue with Lemon leather interior. No sport or luxury package. Less than 30,000 km. Buyout is $33,000. I love the car (the engine is so great) and it is in top shape.

So, should I hand it back and get something new or buyout and keep it?

This was my first BMW and I can't think of a car that I like better than mine.

Maybe a 2010 335d for fuel economy. Or a 2010 335ix for better winter traction. Or maybe a 5 series... by May there may be some good deals on 2010 535ix cars given that the new body style is coming. Or do I try to extend the current lease and wait for a new 2011 535ix.

Any advice would be appreciated as I mull the options... thanks!

m3kerry · 02-09-2010, 08:56 PM

Sounds high. 30k us would get you the same car with more options and same miles. I could be worng, so hopefully other post up.

dpwr · 02-09-2010, 09:29 PM

Quote:

Originally Posted by m3kerry

Sounds high. 30k us would get you the same car with more options and same miles. I could be worng, so hopefully other post up.

you're in states, here we get raped hard

shipill · 02-09-2010, 10:53 PM

buy it back!

avpteam · 02-09-2010, 11:05 PM

it's your baby, buy it back!

JHFW89225 · 02-10-2010, 12:44 AM

have your car give you any trouble over the lease term? HPFP, bad injector, spark plugs, wastegate rattle? I love my 335i too but I am debating whether I should buy it out when lease is over...

jeho · 02-10-2010, 02:19 PM

why buy it out when you can lease another brand new one for another 3 years for the same price?

Here is how it works out to be...

If you buy it out, you will not have warranty for the next 3 full years + the car is getting old so it is worth less money if you were to buy it out and sell it to someone privately..

Lease a new one would be the similar price as you buying out your old one, either way, you will lose about 20-30k off a 335i after 3 years (plus any not covered maintenence)...

Go for the new one if you have your mind set on the 335i

KkSc · 02-10-2010, 02:21 PM

Quote:

Originally Posted by J86

why buy it out when you can lease another brand new one for another 3 years for the same price?

Here is how it works out to be...

If you buy it out, you will not have warranty for the next 3 full years + the car is getting old so it is worth less money if you were to buy it out and sell it to someone privately..

Lease a new one would be the similar price as you buying out your old one, either way, you will lose about 20-30k off a 335i after 3 years (plus any not covered maintenence)...

Go for the new one if you have your mind set on the 335i

+1, i woudn't buy it out, since you are leasing it!!

bobblehead · 02-10-2010, 03:02 PM

2011 (F10) 528rwd, 535 ix and 550 ix won't be available until late Fall 2010. Only the RWD 535 & 550 will be in the showroom around late June 2010. The MTech Sport will be available at a later date as well, probably Fall 2010.

Interested in seeing the official brochure (European) ...

http://f10.5post.com/goodiesforyou/f10-catalog.pdf

dpwr · 02-10-2010, 03:14 PM

Quote:

Originally Posted by bobblehead

2011 (F10) 535 ix and 550 ix won't be available until late Fall 2010. Only the RWD 535 & 550 will be in the showroom around late June 2010.

what about f10 528i ? late june too ?

m-technik · 02-10-2010, 03:52 PM

Quote:

Originally Posted by Maxtor

So my 2007 335i is lease is coming due in May. Monaco Blue with Lemon leather interior. No sport or luxury package. Less than 30,000 km. Buyout is $33,000. I love the car (the engine is so great) and it is in top shape.

So, should I hand it back and get something new or buyout and keep it?

This was my first BMW and I can't think of a car that I like better than mine.

Maybe a 2010 335d for fuel economy. Or a 2010 335ix for better winter traction. Or maybe a 5 series... by May there may be some good deals on 2010 535ix cars given that the new body style is coming. Or do I try to extend the current lease and wait for a new 2011 535ix.

Any advice would be appreciated as I mull the options... thanks!

I don’t know how much the prices vary compared to where I live in Vancouver B.C., but low mileage 2007 335 sedans still go for high 30's to mid 40s (ones that are in good shape, that is). Take a look on some car sales websites and see what they go for in your area before making a decision on whether or not to buy out your lease.

MRQturbo · 02-10-2010, 04:08 PM

if you really like the car...keep it and buy it out....it has such low kms on it...

BRAISKI · 02-10-2010, 04:33 PM

If the car is still in good shape then buy it it not return it quick!

Of course you can lease another car, are you the type of person who lease cars every 3 yrs? Benefit you will always have a new car, cons would be you will always pay for a car monthly and never ending.

aspiring335 · 02-10-2010, 04:34 PM

The buyout on my '06 330i (lease is up at the beginning of March -- last payment already made) is $33,400. Shows how insane the residuals used to be.

shipill · 02-10-2010, 07:52 PM

do it , I purchased my car last week.

http://www.e90post.com/forums/showthread.php?t=344222

mekeni · 02-11-2010, 01:48 PM

buy it !!! you can always sell it afterwards...

dpwr · 02-11-2010, 02:03 PM

Quote:

Originally Posted by mekeni

buy it !!! you can always sell it afterwards...

ya but he will pay tax, it only makes sense for him to buy it if he'll keep the car for 4years+

mimik · 02-11-2010, 02:19 PM

This is not to be meant as a criticism but you do know that leasing a car and then buying after the lease is over is more expensive than having bought it from the beginning?

ians · 02-11-2010, 02:53 PM

Quote:

Originally Posted by mimik

This is not to be meant as a criticism but you do know that leasing a car and then buying after the lease is over is more expensive than having bought it from the beginning?

But if the interest rate is low then it is a good piece of mind that you can walk away from the lease if you dun want to keep it.

FJc335 · 02-11-2010, 02:53 PM

Quote:

Originally Posted by mimik

This is not to be meant as a criticism but you do know that leasing a car and then buying after the lease is over is more expensive than having bought it from the beginning?

it would cost even more had he go and look for another used car of the same. Can't look at it that way... at least he had 3yrs to decide whether the car was right for him or not.
Had he bought it out right and had HPFP problem.. then he would have been stuck.

ct335i · 02-11-2010, 04:01 PM

I would say keep it, I'm planning to buy out my 07 335i in June.
Plus it is more expensive to get into a new one (downpayment & taxes).

But if you plan to get rid of the car in the next few yrs.. It may make sense to lease a new one.

Maxtor · 02-11-2010, 08:23 PM

I normally buy my cars without lease or financing. This was my first lease as I thought it would be a good way to try a BMW. Ended up loving the car. So now to decide.

The car has really had no problems. I guess I am somewhat nervous about reliability and cost of repairs once it is out of warranty.

Went to the car show today (media day) and didn't see anything that made me want to return my car to jump into something else. Disappointing that BMW didn't have a new 5 Series available to look at so I could be factoring that into my thinking.

Thanks to all for the advice. Much appreciated.

02-09-2010, 08:35 PM	#1
Maxtor First Lieutenant 12 Rep 382 Posts Drives: 2011 335xi sedan Join Date: Mar 2007 Location: Toronto iTrader: (0)	My 335i lease is ending ... should I buyback? So my 2007 335i is lease is coming due in May. Monaco Blue with Lemon leather interior. No sport or luxury package. Less than 30,000 km. Buyout is $33,000. I love the car (the engine is so great) and it is in top shape. So, should I hand it back and get something new or buyout and keep it? This was my first BMW and I can't think of a car that I like better than mine. Maybe a 2010 335d for fuel economy. Or a 2010 335ix for better winter traction. Or maybe a 5 series... by May there may be some good deals on 2010 535ix cars given that the new body style is coming. Or do I try to extend the current lease and wait for a new 2011 535ix. Any advice would be appreciated as I mull the options... thanks!
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02-09-2010, 08:56 PM	#2
m3kerry SCCA B Street 117 Rep 660 Posts Drives: 1 M Join Date: Mar 2009 Location: Dallas iTrader: (0)	Sounds high. 30k us would get you the same car with more options and same miles. I could be worng, so hopefully other post up. __________________ www.facebook.com/thatsrightracing
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02-09-2010, 10:53 PM	#4
shipill Major 412 Rep 1,287 Posts Drives: Macan S Join Date: Jan 2007 Location: Canada iTrader: (7)	buy it back! Last edited by shipill; 02-09-2010 at 11:50 PM..
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02-09-2010, 11:05 PM	#5
avpteam New Member 4 Rep 6 Posts Drives: MkV VW GLI Join Date: Feb 2010 Location: Winnipeg iTrader: (0)	it's your baby, buy it back!
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02-10-2010, 12:44 AM	#6
JHFW89225 Major 176 Rep 1,251 Posts Drives: E92 M3 Join Date: Nov 2006 Location: HK/Vancouver iTrader: (6) Garage List 2009 BMW M3 [0.00] 2008 335i [0.00]	have your car give you any trouble over the lease term? HPFP, bad injector, spark plugs, wastegate rattle? I love my 335i too but I am debating whether I should buy it out when lease is over... __________________ 2013 Scion FR-S 2009 BMW E92 M3 2008 BMW E90 335i 2005 BMW X3 3.0i
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02-10-2010, 02:19 PM	#7
jeho ig: jeffersonho 148 Rep 2,182 Posts Drives: E90M3.E36M3 Join Date: Mar 2008 Location: PNW iTrader: (6)	why buy it out when you can lease another brand new one for another 3 years for the same price? Here is how it works out to be... If you buy it out, you will not have warranty for the next 3 full years + the car is getting old so it is worth less money if you were to buy it out and sell it to someone privately.. Lease a new one would be the similar price as you buying out your old one, either way, you will lose about 20-30k off a 335i after 3 years (plus any not covered maintenence)... Go for the new one if you have your mind set on the 335i
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02-10-2010, 03:02 PM	#9
bobblehead Brigadier General 256 Rep 4,721 Posts Drives: warp speed Join Date: Aug 2009 Location: Toronto, On iTrader: (0)	2011 (F10) 528rwd, 535 ix and 550 ix won't be available until late Fall 2010. Only the RWD 535 & 550 will be in the showroom around late June 2010. The MTech Sport will be available at a later date as well, probably Fall 2010. Interested in seeing the official brochure (European) ... http://f10.5post.com/goodiesforyou/f10-catalog.pdf Last edited by bobblehead; 02-10-2010 at 03:41 PM..
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02-10-2010, 04:08 PM	#12
MRQturbo Captain 20 Rep 902 Posts Drives: 91 MR2 turbo....07 335i... Join Date: Oct 2008 Location: Toronto iTrader: (0)	if you really like the car...keep it and buy it out....it has such low kms on it... __________________ 91 MR2Turbo....07 335i....
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02-10-2010, 04:33 PM	#13
BRAISKI Colonel 135 Rep 2,517 Posts Drives: '11 335xi e92 M-Pak Join Date: Mar 2009 Location: GTA/KW, Canada iTrader: (3) Garage List 2011 BMW 335xi [7.00]	If the car is still in good shape then buy it it not return it quick! Of course you can lease another car, are you the type of person who lease cars every 3 yrs? Benefit you will always have a new car, cons would be you will always pay for a car monthly and never ending.
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02-10-2010, 04:34 PM	#14
aspiring335 Lieutenant Colonel 95 Rep 1,614 Posts Drives: 2019 G05 40i Join Date: May 2006 Location: Toronto, Canada iTrader: (0) Garage List 2006 330i [0.00]	The buyout on my '06 330i (lease is up at the beginning of March -- last payment already made) is $33,400. Shows how insane the residuals used to be. __________________ 2019 G05 40i (premium excellence, m-sport, 2VR), Tesla Model S 100D, Nissan Leaf SL Volvo XC90 T8, Subaru Outback, E84 X1 28i, E91 328i xdrive, 6MT, VW Touareg TDI, E90 330i, E46 325iT, MINI Cooper S (all retired)
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02-10-2010, 07:52 PM	#15
shipill Major 412 Rep 1,287 Posts Drives: Macan S Join Date: Jan 2007 Location: Canada iTrader: (7)	do it , I purchased my car last week. http://www.e90post.com/forums/showthread.php?t=344222
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02-11-2010, 01:48 PM	#16
mekeni Second Lieutenant 6 Rep 242 Posts Drives: LCI E90 Join Date: Jun 2007 Location: cowtown iTrader: (4)	buy it !!! you can always sell it afterwards...
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02-11-2010, 02:19 PM	#18
mimik Private First Class 8 Rep 150 Posts Drives: 2006 BMW 325xi Blue Monaco Join Date: Sep 2009 Location: Montreal iTrader: (0)	This is not to be meant as a criticism but you do know that leasing a car and then buying after the lease is over is more expensive than having bought it from the beginning?
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02-11-2010, 04:01 PM	#21
ct335i BMW 4 LIFE 120 Rep 467 Posts Drives: MY22 M3xDrive Join Date: Jun 2007 Location: Toronto iTrader: (0) Garage List 2022 BMW M3 [0.00]	I would say keep it, I'm planning to buy out my 07 335i in June. Plus it is more expensive to get into a new one (downpayment & taxes). But if you plan to get rid of the car in the next few yrs.. It may make sense to lease a new one. __________________ 2022 BMW M3 xDrive \| Isle Man of Green \| 19inch/20inch M Forged Wheels, Double-Spoke 825M, Orbit Grey \| Ultimate Package
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02-11-2010, 08:23 PM	#22
Maxtor First Lieutenant 12 Rep 382 Posts Drives: 2011 335xi sedan Join Date: Mar 2007 Location: Toronto iTrader: (0)	I normally buy my cars without lease or financing. This was my first lease as I thought it would be a good way to try a BMW. Ended up loving the car. So now to decide. The car has really had no problems. I guess I am somewhat nervous about reliability and cost of repairs once it is out of warranty. Went to the car show today (media day) and didn't see anything that made me want to return my car to jump into something else. Disappointing that BMW didn't have a new 5 Series available to look at so I could be factoring that into my thinking. Thanks to all for the advice. Much appreciated.
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