Got my buyout quote today:

[PUZZ]

Lease is up in late-May. Went to the dealer today to discuss options.

Said that they don't have any flexibility on the buyout with BMW. So basically my options are to buy the car per the lease for $40,000 or pay $42,850 for my car with a certified warranty and they make my last payment, so really $42,000 certified. Tires are extra.

So basically, the question is do I take the gamble with a car with 26,500miles that has been virtually trouble free or pay to gain two more years of warranty? Existing warranty ends in May 2012. So basically $1000 per year for 2013 and 2014.

Thoughts? They said they would retail the car for $48,500 or $49,000.

Thanks for your opinions.

[bren3085]

Personally I believe warranty is always good to have..if anything goes wrong especially electrical wise one or two visit is enough to make the $1000 back..

mine is less than a year old and i've already had a few minor issues..

[blondboinsd]

Originally Posted by bren3085

Personally I believe warranty is always good to have..if anything goes wrong especially electrical wise one or two visit is enough to make the $1000 back..

mine is less than a year old and i've already had a few minor issues..

It's a toss up. I negotiated mine down to basically nothing and did decent on the extended service plan as well. I was a bit agitated that it doesn't cover anything related to I-Drive (my biggest worry) or creaks/rattles (my only real issue) I would say "buy it" if it's been trouble free

[deutsch100]

I'd be shocked if they could get $48,500 or $49,000 for a 2008 4.8i!

[ard]

Originally Posted by deutsch100

I'd be shocked if they could get $48,500 or $49,000 for a 2008 4.8i!

Of course...they're lying.

[rh71]

Originally Posted by blondboinsd

It's a toss up. I negotiated mine down to basically nothing and did decent on the extended service plan as well. I was a bit agitated that it doesn't cover anything related to I-Drive (my biggest worry) or creaks/rattles (my only real issue) I would say "buy it" if it's been trouble free

extended warranty doesn't cover idrive stuff? What else doesn't it cover? You would think a bumper to bumper would stay the same on an "extension"...

[motordavid]

OT...

Originally Posted by rh71

extended warranty doesn't cover idrive stuff? What else doesn't it cover? You would think a bumper to bumper would stay the same on an "extension"...

It does not stay the 'same'.
As posted many times, here is the Not Covered and Covered general points, though some posters with some relationships with their dlrs,
get some non-covered things 'covered'.

Not Covered:
BMW North America

Covered:
BMW North America

Engine
Automatic/Manual Transmission
Front Suspension
Rear Suspension
Steering
Brakes
ABS Brake System


Electrical
Air Conditioning/Heating System
Cooling System
Interior/Exterior
Fuel System
Final Drive Assembly, Propeller Shaft

[wallyx5]

Originally Posted by deutsch100

I'd be shocked if they could get $48,500 or $49,000 for a 2008 4.8i!

$ 40,000.00 does not seem that bad and with 26,000 miles its barely broken in. Get the 2 year coverage and enjoy.

[PUZZ]

Originally Posted by deutsch100

I'd be shocked if they could get $48,500 or $49,000 for a 2008 4.8i!

I'm not sure what they are getting, but I see '08 4.8's similarly equipped with similar mileage routinely listed from anywhere between $46 to $49K in my area, CT, including NYC - Tri-state.

I may just take the gamble and buy it. The items most likely to cause trouble aren't covered anyway.

[NY-4.8IS]

Originally Posted by PUZZ

I'm not sure what they are getting, but I see '08 4.8's similarly equipped with similar mileage routinely listed from anywhere between $46 to $49K in my area, CT, including NYC - Tri-state.

I may just take the gamble and buy it. The items most likely to cause trouble aren't covered anyway.

I brought an 07 fully loaded (third row, hud , tech, sports, rear entertainment, cold weather package, black on black) with 38,000 for $34,000 in January and im in NYC..... I saw '08's in the upper $30's