i have a chance to get into a 2014 320i with low miles, for around $350 month with just few hundred down. it has a two year bumper to bumper warranty too.
anyone here bought similar certified bmw, mercedes, or caddy cars? i dont plan on having the car more then few years, it just the lease deals on entry level luxury cars are way too high right now.
any info advice would be great. thanks
Did you drive it ?? Stick or Auto ??
These cars are designed to be essentially maintenance-free for the first 100K miles or so. After that, there's some items that need to be "refreshed" as they euphemistically say. I have an older 5-series, once I took care of those few issues it's been like a brand new car to me.
That's just the financing though no?
What do you want? To borrow $$ at 0% interest?
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That’s $25K+ In payments for a car with a value around $17K
That's just the financing though no?
What do you want? To borrow $$ at 0% interest?
That works out to an interest rate around 15%. Current rates for used cars are under 5%.
In addition, BMW had a problem with their power windows where the window motor conked out after about 5 or six years. Over the life of the car I spent over $1500 replacing all four window motors (one of them twice).
The car ended up running fine for the most part over the next 13 or so years that I owned it, but the experience was such that I'd never do it again and wouldn't recommend it to anyone.
$350 per month is amazing for a newer certified pre owned BMW, however it's always a bad idea to do 72 months.
60 months is the highest amount of months anyone should go, otherwise you can't afford the car.
So much can happen between months 60-72. $$$$
$350 per month is amazing for a newer certified pre owned BMW, however it's always a bad idea to do 72 months.
60 months is the highest amount of months anyone should go, otherwise you can't afford the car.
So much can happen between months 60-72. $$$$
This, I never go over 48 unless its free money. I got 60 months at 0% a few years ago on my wifes Subaru. They have gotten much more popular so those deals will be hard to find. Wait until May/June, thats when they have to move the prior years models.
I don't know what sticker was on your car, but I would compare purchase price to original sticker. When you look at purchase price, make sure they show you all the fees (dealer fees and whatnot). Don't get so caught up with the monthly number that you lose sight of what you're really paying.
Yeah, it is a 4 year old car.