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Cool car, hows it performance?
You think? Out of all executive sedans I've driven I actually find the BMWs consistently the most sport/performance oriented, as you put it (in comparison - not per se).It's a nice car to just drive in, but the car makes it obvious it's not performance oriented. Sport Mode can still get the job done though. Accelerate, turning, braking, etc. Of course, I haven't actually gotten a chance to really see what it can do for a 528.
You think? Out of all executive sedans I've driven I actually find the BMWs consistently the most sport oriented, as you put it (in comparison - not per se).Although maybe I'm just extremely biased towards rear wheel driven cars in a mostly FWD country/continent.
the suspension gets stiffer
I'm not sure who told you that but to my knowledge only the M-series BMWs have that option.
It doesn't get as stiff as the M models, but when you flip the gear into it, everything changes, and you can tell the difference instantly. I'll be experimenting with it more though.
Today though, I decided I'd go to Classic 1 last time to check for any incentives on a 3. Zero.
Yes, I do. I currently owe money on 2 out of 4 cars (one of those for less than a year left). The thing is, once each of those cars is paid off, we'll drive it for at least another 3 years, with zero payment.Don't you finance?
As of right now, I haven't put any money towards it. First payment comes Saturday though.Congrats on your new car!
Now how about backing it out of the garage before you take pics so we can actually see the thing?![]()
I presume by looking at your monthly payment, you didn't need to put any $ down, right? Just the 1st payment?
Drove the car much more today, and you're more than likely right. I guess it just seemed stiffer. But you are spot on with the throttle. Much faster.In pre-facelift cars (2004-2007) the sport button only adjusts throttle response and in automatics, changes the programming of the tranny so it shifts quicker and holds a gear longer. It also enables launch control.
ARS is not changed.
Not sure if they changed this for '08, but I don't think so.
Those are much better, but as you said, Classic didn't want to. The 335i sells faster than hotcakes here (there's always a dozen on order at anytime, or there were since August). Being so, I doubt I could get a discount when BMW could just say, 'Sorry, but we believe we're at the right price due to the number ready to be ordered'.EDIT:
The rates on the 335i/4 is better than on the 528i.
2008 BMW 335i Sedan
24 Month Residual 71% of MSRP .00200 Base Rate
36 Month Residual 61% of MSRP .00200 Base Rate
48 Month Residual 42% of MSRP .00305 Base Rate
60 Month Residual 35% of MSRP .00305 Base Rate
2008 BMW 528i Sedan
24 Month Residual 73% of MSRP .00225 Base Rate
36 Month Residual 60% of MSRP .00225 Base Rate
48 Month Residual 42% of MSRP .00305 Base Rate
60 Month Residual 34% of MSRP .00305 Base Rate
http://www.bimmerfest.com/forums/showthread.php?t=241253
Classic probably didn't want to discount a 335 for you. If they did, you could certainly do one for ~700/month. Probably less.
M
Yes, I do. I currently owe money on 2 out of 4 cars (one of those for less than a year left). The thing is, once each of those cars is paid off, we'll drive it for at least another 3 years, with zero payment.
I can guess where you're going with this. If we were going to trade them in as soon as they were paid off, you'd be right - we would have been smarter to lease. That's exactly why we never do that.
But you know who I feel bad for? The poor sods trading in their brand new (07) CTS's for a 2008 so soon. That must really hurt the wallet.
More money than sense more like. Atleast the pain to them will be subdued.
Hey, I own an UNCERTIFIED used one, and you don't see ME complaining!
But, hey, that new car smell is an aphrodesiac. It's a good feeling, a sense of accomplishment. the smell of success.
Leasing makes sense under certain very particular conditions, and only then:
1) If you can write the car off as a business expense (lease payments are 100% deductible; if you buy it, you can only deduct the depreciation).
2) You absolutely positively must have a new car every 3 years or you'll just die.
3) The dealer gives a very very attractive lease rate just to move the product, and they leave the car with a very high residual value when you turn it in.
Those are the only 3 conditions where leasing makes sense. And #2 doesn't even really make sense rationally; it's just a realistic understanding of your emotional self.
You know you've made it when you purchase your first brand-new car.
You know you've made it when you purchase your first brand-new car.![]()
Buying brand new is a waste of money. I'll only do so when I have money to waste.
TBH, When I do buy a new car, I'm not gonna settle for whats at a dealer. I'm ordering my own car.
And usually pay full list price.And then you wait six weeks for it.
Yes, I do. I currently owe money on 2 out of 4 cars (one of those for less than a year left). The thing is, once each of those cars is paid off, we'll drive it for at least another 3 years, with zero payment.
I can guess where you're going with this. If we were going to trade them in as soon as they were paid off, you'd be right - we would have been smarter to lease. That's exactly why we never do that.
Yeah, I know interest is money lost - but it has added well under $1500 to the price of each of the current cars, and made the payments a little more comfortable.
TBH, When I do buy a new car, I'm not gonna settle for whats at a dealer. I'm ordering my own car.
The funny thing is that neither make financial sense, really. If we were all doing the financially sensible thing we'd all buy 10-year-old Camrys which we can all afford to pay cash for, and we'd use it until it broke at which point we'd buy another 10-year-old Camry.
But this is a forum for car enthusiasts...![]()
That's what my dad does. So far, he's gotten a new car every 3 years (from 2001 onwards). He got a new Ford Edge this year. The way his lease works, he's paying something like 400 bucks a month for 3 years.2) You absolutely positively must have a new car every 3 years or you'll just die.
3) The dealer gives a very very attractive lease rate just to move the product, and they leave the car with a very high residual value when you turn it in.
Those are the only 3 conditions where leasing makes sense. And #2 doesn't even really make sense rationally; it's just a realistic understanding of your emotional self.
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Yes, it is a beautiful car. But I just cannot rationalize it. 700 dollars a month is absolutely ridiculous. You could buy something so much more practical, for so much less. And it could still be much faster. I sure hope that inheritance doesn't run out soon. But if it did, I think you would understand how some of us see this as ludicrous. Reguardless, I love your new car.
Understood and agreed with. But there is such a thing as "afford it" and then there's AFFORD IT. Not everyone's priorities are the same, thank goodness, but again: there are priorities and then there are priorities.It's a $50,000 luxury car. You don't rationalize a luxury item. It is not a logic problem. You buy it if you like it and can afford it.
Do you rationalize eating steak? One pound of tenderloin (filet mignon) is ~$12.00/lb. One pound of 'cheap' steak like a Bottom Round is ~$4.00/lb. So why would anyone buy the good stuff when they can eat three times as much cheap stuff for the same money?
The answer: because it tastes good. People like it and can afford it.