View Poll Results: How long do you plan to keep your car?
Voters: 125. You may not vote on this poll
How long do you plan to keep your car?
#21
Senior Members
Join Date: Jul 2004
Location: BROOKLYN,NY USA
Posts: 1,193
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: E60 "Stripper"
Now C6 "Stripper"
Being resourceful cobradav? That's what i'm talking about!
Most women are oblivious as far as cars and directions go anyway.
Most women are oblivious as far as cars and directions go anyway.
#22
Contributors
Join Date: Nov 2004
Location: Proud citizen of THE UNITED STATES OF AMERICA and MORGANTOWN, W.V.
Posts: 347
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: '05 530i, Premium, Steptronic, Logic7, Silver grey-black leather. Build date 12/7/04.
Until lease payment number 36.
#23
Members
Join Date: Nov 2004
Location: Vancouver, Canada
Posts: 63
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 2004 530ia, saphire black on black dakota leather, steptronic, sports package and premium package; heated front and rear seats, heated steering wheel, auto bixenon headlamps, rain sensor, dynamic drive, active steering, 18" rims, Harman Kardon L7, CD Changer, poplar wood with chrome accent on steering wheel and shifter, build date 10/2003
IMHO, I dont want to keep the car past my lease/warranty period. I will get the new generation 5. I dont want to be stuck with IDrive upgrade costs, or imagine replacing a dynamic drive component, or active steering component. Lets be honest here in saying that there is no doubt these are the best driving cars in the world, but I dont care if you have had one BMW thats been "reliable" . I have had four BMW's , and NONE of them by any stretch have been 'reliable'.
So, dont get me wrong but all im saying is I would never want a BMW not covered by BMW warranty. I have no doubt I will own another 10 BMW's though, they are the best driving cars!
cheers
So, dont get me wrong but all im saying is I would never want a BMW not covered by BMW warranty. I have no doubt I will own another 10 BMW's though, they are the best driving cars!
cheers
#24
Contributors
It's very costly to own a BMW past warranty. Just an oil change, it already costs you $100+. I could not imagine if i-drive went out. Cost will skyrocket. Keep BMW under warranty and drive new one every three years.
Just imagine if you keep the car for 10+ years, your life will be short.
Just imagine if you keep the car for 10+ years, your life will be short.
#25
Members
Join Date: Jun 2004
Location: Redondo Beach, USA
Posts: 223
Likes: 0
Received 0 Likes
on
0 Posts
I will probably buy it out at lease end (as I will have lots of mileage overage), sell it and re-lease another BMW for 36 or 39 months. BMW is going to make lots of money servicing the electronics / computer / i-drive screens, etc off out of warranty vehicles.
#26
Senior Members
Join Date: Nov 2004
Location: Alberta, Canada
Posts: 569
Likes: 0
Received 0 Likes
on
0 Posts
I hope to drive the car well past the warranty period to get my moneys worth from the car ... that said, I will continue to monitor the expense of the car year to year (including what might go wrong with the car during the warranty period) ...
All non-american cars cost $$ to maintain ... I have a toyota 4runner that has cost me as much as $800 for a major servicing (nothing even broken) ...
All non-american cars cost $$ to maintain ... I have a toyota 4runner that has cost me as much as $800 for a major servicing (nothing even broken) ...
#27
Senior Members
Join Date: Nov 2004
Location: one of the square states in the middle, USA
Posts: 328
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Canada545' date='Feb 8 2005, 05:22 PM
I hope to drive the car well past the warranty period to get my moneys worth from the car ... that said, I will continue to monitor the expense of the car year to year (including what might go wrong with the car during the warranty period) ...
All non-american cars cost $$ to maintain ... I have a toyota 4runner that has cost me as much as $800 for a major servicing (nothing even broken) ...
All non-american cars cost $$ to maintain ... I have a toyota 4runner that has cost me as much as $800 for a major servicing (nothing even broken) ...
[snapback]87937[/snapback]
#28
Originally Posted by 530iii' date='Feb 8 2005, 01:51 PM
Most women are oblivious as far as cars and directions go anyway.
[snapback]87896[/snapback]
In any case, 7 years is a REALLY "long" term, IMHO. Most high-end vehicle drivers I know keep their cars for 1 1/2 to 2 years--- 3 years is an eternity. Even if they lease for 36-42 months, they just get out early. ...and nobody I know keeps a car out of warranty! (At least not a primary car-- if it is for one of your children or used as a backup, then they do). That can become financial suicide very quickly. Not only do you have to worry about the massive repair bills, your value drops like a brick once it passes out of factory warranty. I might have called 5 years long term, since that is the typical loan length.
The longest I've ever owned a car was 4 years, and that was my very first car, and I relegated it to backup duty after 2 years. I typically change every 8 to 16 months, sometimes sooner (that is unless I am stuck in a lemon I can't get rid of until a court date that is many months after I would have normally gotten rid of the car!)... I may keep my Range Rover for the entire 30 month lease term, but I doubt it. After only 4 months, I've already been itching to upgrade to the 2005 (it has a nicer navigation system than my 2004, voice activation, and bluetooth that actually works (as opposed to the BMW, that is...)). The BMW will (fingers crossed) leave us in April, at 17 months old. I most likely would have gotten rid of it in October if the car wasn't so problematic and I didn't have to wait for court.
#29
Contributors
Join Date: Oct 2004
Location: Singapore
Posts: 2,926
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 530iA Silver Grey , black interior. Premium Package, Navigation System, Head-up Display, Radio Satellite, Adaptive Xenon Headlights. AC Schnitzer Front Lip, H&R springs, Rear red reflector, All season Floor mat,
I did not vote as it's not in any of the choices..
I bought mine and planning to use it for about 3 yrs..
I bought mine and planning to use it for about 3 yrs..
#30
Contributors
Thread Starter
Join Date: Jul 2003
Location: Indianapolis, IN
Posts: 518
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: On Order:
2006 525i
Alpine White
Auburn Interior
Premium Pkg
Sport Pkg
Cold Weather Pkg
Xenons
Sunshades
Sat Radio
Navigation
Originally Posted by SueBMW' date='Feb 8 2005, 06:58 PM
[quote name='530iii' date='Feb 8 2005, 01:51 PM']Most women are oblivious as far as cars and directions go anyway.
[snapback]87896[/snapback]
In any case, 7 years is a REALLY "long" term, IMHO. Most high-end vehicle drivers I know keep their cars for 1 1/2 to 2 years--- 3 years is an eternity. Even if they lease for 36-42 months, they just get out early. ...and nobody I know keeps a car out of warranty! (At least not a primary car-- if it is for one of your children or used as a backup, then they do). That can become financial suicide very quickly. Not only do you have to worry about the massive repair bills, your value drops like a brick once it passes out of factory warranty. I might have called 5 years long term, since that is the typical loan length.
The longest I've ever owned a car was 4 years, and that was my very first car, and I relegated it to backup duty after 2 years. I typically change every 8 to 16 months, sometimes sooner (that is unless I am stuck in a lemon I can't get rid of until a court date that is many months after I would have normally gotten rid of the car!)... I may keep my Range Rover for the entire 30 month lease term, but I doubt it. After only 4 months, I've already been itching to upgrade to the 2005 (it has a nicer navigation system than my 2004, voice activation, and bluetooth that actually works (as opposed to the BMW, that is...)). The BMW will (fingers crossed) leave us in April, at 17 months old. I most likely would have gotten rid of it in October if the car wasn't so problematic and I didn't have to wait for court.
[snapback]87997[/snapback]
[/quote]SueBMW,
I thought the value of cars drops like a brick as soon as you drive it off the lot. After the first three years, it then begins to flatten out so to speak. I know when under warranty, you may have more bidders, but I'm not so sure about your value statement.