[kubcat]

Longtime Lurker, newbie poster here. Thanks in advance for your help.

After nearly 3 years of driving the car I've always wanted, the lease is ending. I have a '07 335i Sedan Black Sapphire, Sport, Winter, Premium, Step, Xenon, Satellite with 25k miles ending in July.

The Residual is $29843, and I want to flip it as a CPO with maintenance upgrade. I want to use the 0.9% CPO financing for 60 months and negotiate the Maintenance upgrade and the buyout price. The most recent Manheim pricing I found by searching was from December, and the low mile 335i sedans were clustered around $24k. Based on what I have been reading on your posts, I think I should be looking for a deal priced like this:

Current Manheim Auction Price + Labor for CPO inspection (1 shop hour seems right) + Maint upgrade market price (not MSRP) + modest profit for dealer

Does this make sense? If not, please help me correct any misundertandings I might have. If so, can someone provide the Current auction price and the Maint Upgrade market price for this car?

Thanks,
Kubcat

[David 12]

Yes, your logic makes sense. But BMW would not budge much from the residual on my 2007 335i. I said okay and walked away.

If you can negotiate a fair deal along with CPO status it makes sense though.

By the way, I also discovered the great lease deals we obtained in 2007 are long gone!

Dave

[kubcat]

So here's what they offered. Is this a good deal:
For the full residual of $29843, plus
internal processing $75
Taxes $2387
CPO warranty plus full tank of gas, detailing, brake pads, etc.
2.9% 60 months financing CPO special
out the door price with tax 34981
waive the last lease payment (606)
Monthly payments $583

What could I sell this car for with CPO as a private seller if I decide I do not want to keep making the payments?

Please help, as I am really torn over this, but the 2.9% promo rate expires 6/1

Thanks for the advice,
Kubcat