[Kid Eh]

So my lease will be up in December and I'm wondering what to do. I have a 2007 e92 328i that has basically no options. Black/Black, Manual. I have 41K KM on it now and estimate about 47K when my lease ends. My residual is $26,500.00. I really want a 335 sedan with auto so I don't really want to keep it. The car is in mint condition. The stock wheels and tires have never even seen the road and will be put back on when I return the car. So do I keep it and sell it private or just give it back? Any advice would be greatly appreciated.

[BavFan_08]

Originally Posted by Kid Eh

So my lease will be up in December and I'm wondering what to do. I have a 2007 e92 328i that has basically no options. Black/Black, Manual. I have 41K KM on it now and estimate about 47K when my lease ends. My residual is $26,500.00. I really want a 335 sedan with auto so I don't really want to keep it. The car is in mint condition. The stock wheels and tires have never even seen the road and will be put back on when I return the car. So do I keep it and sell it private or just give it back? Any advice would be greatly appreciated.

I think you really have to do some research on this one. Evaluate the market. What would your car sell privately? Have you thought about listing it on auto-trader anyways? Test the market. See how much interest you gage (sp?) on the price you want to sell it for.

Check out the other cars (that match your model) that are being sold privately. Is it being sold the same as your buy back? or more? or less? these are all the obvious things you have to consider.

Also, with the current economy/market, do you want the hastle of selling the car privately? haggling with offers? competing with US based sellers trying to convince Canadians to import? or

are you confident it will sell easily? or

do you want the freedom of handing the car back and getting a nice deal on that the new 335i you were dreaming about?

Its an interesting topic that requires research and analysis.

[dpwr]

Originally Posted by bmw_newbie

I think you really have to do some research on this one. Evaluate the market. What would your car sell privately? Have you thought about listing it on auto-trader anyways? Test the market. See how much interest you gage (sp?) on the price you want to sell it for.

Check out the other cars (that match your model) that are being sold privately. Is it being sold the same as your buy back? or more? or less? these are all the obvious things you have to consider.

Also, with the current economy/market, do you want the hastle of selling the car privately? haggling with offers? competing with US based sellers trying to convince Canadians to import? or

are you confident it will sell easily? or

do you want the freedom of handing the car back and getting a nice deal on that the new 335i you were dreaming about?

Its an interesting topic that requires research and analysis.

+1, also don't forget it'll be 26.5g's + tax

[Rome]

hmm... 26.6 gs plus tax .. how much are 335is goin for now a days.. if you can buy it then sell it for more ya go for it!

[Yvette]

walk out of it,
it will be $30,000 in tax already.
you cant expect/find someone buy your car paying more than 30k 2007 328i bmw that has no option at all.

[aspiring335]

General rule of thumb these days would be not to keep any BMW at lease-end. I'd say they are all underwater, or best case scenario you'll deal with all the hassles of selling privately, only to break even.

[DinoMite]

I don't plan to keep my car, i really want to save up for an M3 next. (although i have a sinking feeling that in 3+ years the next M3 will probably have some type of v4 engine with quad turbo's judging by how BMW wants to be dynamic and efficient, and "Climate Change" friendly. **PUKE**

[alanchan]

There are too many used E90 in the market now due to the fact everyone is returning upon lease termination.
too many used cars, dealers are over stock and the values go down.
that's good for people want to buy pre-owned E90.

[slenfe]

If you are not planning to keep it let it go; your car will be listed as a CPO around 32-33 K if your cost is 30K I do not think you can break even.

my 02.

[Kid Eh]

I'm revisiting this now because I'm getting closer to my lease end and may actually keep the car. 26K + tax doesn't seem like much now. The cheapest CPO I could find is 39K and the cheapest on Autotrader is 35K. Hmmm what to do.

[shipill]

yes man I think you should buy it , you cant find a used 328 e92 with low mileage under 35K

[BMdblU]

I love my car so much right now, it's going to be tough a year from now turning it in

[Soni]

Originally Posted by BMdblU

I love my car so much right now, it's going to be tough a year from now turning it in

get a mini

[G-Mach1]

Originally Posted by Kid Eh

I'm revisiting this now because I'm getting closer to my lease end and may actually keep the car. 26K + tax doesn't seem like much now. The cheapest CPO I could find is 39K and the cheapest on Autotrader is 35K. Hmmm what to do.

Walk away from it. I sold mine (07-e92-328) Sports PKG,PDC,Sunroof and 30k Km for just over 31k. Dealer is listing it @ 39,900.
Yes you see them at auto trader and at the dealer ship for a higher price. But there are various reasons why they are listed at that price. Bottom line they never sell for that price.