[ruthlessbmw]

I am looking into the 2008 335i with 0.9% APR. One dealer was giving me the 2008 335i Sedan for 40K with Sports + paddle + Steptronic. Below are the calculation I made with respect to the amount I would save on the finance.


Term in months: 60
Total purchase price (before tax): $40,000.00
Taxable fees: $0.00
Sales tax*: $3,100.00
*Sales tax was calculated as 7.75% times your vehicle price of $40,000.00 minus your trade-in allowance of $0.00. Currently California, the District of Columbia, Hawaii, Maryland and Michigan allow no deductions for trade-ins when calculating sales tax. If you live in one of these states make sure to check the box 'No sales tax deduction for trade-in' on the main calculator page.
Non-taxable fees: $600.00
Total sales price (after tax): $43,700.00
Total down payment**: $10,000.00
**Your total down payment is calculated as your cash down payment of $10,000.00 plus your trade-in allowance of $0.00 minus the $0.00 balance outstanding on your trade-in vehicle.
Amount financed: $33,700.00


for 0.9% i would be paying $776.60 interest (monthly payment: $574.61)
for 5% will be paying $4,457.60 interest (monthly payment: $635.96)
for 6.99% will be paying $6,328.40 interest (monthly payment: $667.14)


Would the savings with 0.9% justify buying a 08 vs 09 since I have heard that cars depreciate depending on the model? This thing is killing me.

[codylcast]

I was faced with the same decision just weeks ago.

When it comes to buying a new car, especially something along the lines of a bmw, I am not sure you can put too much wieght on absolute value. Probably the best value would be keeping what you have, or maybe a used, low-mileage corolla. But let's be real..

Instead of worrying about it in absolute dollar amounts and trying to predict resale value of '08 vs '09 several years out, I would wiegh the immediate savings of the .9% financing vs the new options that the 09's will bring.

To me, I wanted sparkling graphite, logic 7 and I could care less about the subtle refinements of the 09. So an 08 at .9% was a no brainer for me. You may come to a different conclusion.

Of course if I was really smart, I would have bought a corolla Sometimes the heart wins in such matters...

[ruthlessbmw]

I am trying to look at the resale value after 5 years. If the engine doesn't give me any major problems then maybe 7 years (hopefully the extended warranty would cover some of the worst case scenario).

The face lift is not that big of a deal for me if the 0.9% APR would kind of help get back some of the resale value I would loose for getting an 08 model. Also how much below invoice should I be looking at for the 08 335i?

[handy08]

:thumbsup it,s a grate idea go for it.

Originally Posted by ruthlessbmw

I am trying to look at the resale value after 5 years. If the engine doesn't give me any major problems then maybe 7 years (hopefully the extended warranty would cover some of the worst case scenario).

The face lift is not that big of a deal for me if the 0.9% APR would kind of help get back some of the resale value I would loose for getting an 08 model. Also how much below invoice should I be looking at for the 08 335i?

[ruthlessbmw]

The 08 335i comes with logic 7 premium sound standard which I am really looking for. But the 09 has that for a $875 option. That is another $830 saving.


The other car I am considering is the 2009 328i with the below options:
Jet Black
Black Leatherette
Aluminium Trim
Sport Package
iPod and USB adapter
Logic7 sound system with Surround Sound and Digital Sound Processing
Xenon headlights

This comes to 40.6k out the door vs the 44.6k out the door for the 08 335i.

But the 08 335i has the premium sound + xenon + 2 ways seats standard. I know options depreciate a lot by around 80%. But which would be a wiser choice to go with?

The extra HP would not hurt (I know mileage would be a little lesser) but I do not mind the 230HP too.

[camaross305]

def. go with the 335i....you'll love the twins

[ruthlessbmw]

what about scratches?