Here it goes:
i always check in the newspaper for cheap 3 series. i always see 2000 3 series advertised for mid 20's, and usually close to 30 grand with plenty of miles on it. now i think it's bullshit for that pricing, it's WAY too high. here's why?
you can get a nice 323 or 325 or 328 for $35,000 new with lots of options. if you lease it, you'll probably end up paying almost half that in the 3 year lease, with 10k miles per year. so after 3 years you should have a 3 series with 30k miles on the odometer, and a $17,000 residual. so why don't you see them advertised for that cheap in the paper? what do dealerships do with the leased vehicles???? now for a 3 year old BMW with only 30k miles for $17,000??? i'd buy one in a second. but i don't get how they hold their value that well that people can drive them for 3 years for practially FREE and then sell them.
i always check in the newspaper for cheap 3 series. i always see 2000 3 series advertised for mid 20's, and usually close to 30 grand with plenty of miles on it. now i think it's bullshit for that pricing, it's WAY too high. here's why?
you can get a nice 323 or 325 or 328 for $35,000 new with lots of options. if you lease it, you'll probably end up paying almost half that in the 3 year lease, with 10k miles per year. so after 3 years you should have a 3 series with 30k miles on the odometer, and a $17,000 residual. so why don't you see them advertised for that cheap in the paper? what do dealerships do with the leased vehicles???? now for a 3 year old BMW with only 30k miles for $17,000??? i'd buy one in a second. but i don't get how they hold their value that well that people can drive them for 3 years for practially FREE and then sell them.