[thesubmitter]

Rates for financing
2.99/4.99 (CPO and not)
24-72mo

Extended warranty (7 yrs from purchase date)
80k/7y = 6100$
100k/7y = 6700$
160k/7 = 10100$

exploring buying out my i8 in a month. Trying to factor in possibility of appreciation. The thing that's really throwing me off is there are LOTs of 2019s on cars.com - I guess all the lease returns but very few older than 2019. I wonder what it means

[F5506m]

I bought mine what else is on the market around the residual value of around a $100k.

[ChiTownM]

I bought mine in 2014 and agree that there is no other car in this price range that can compare. I still own mine.

It is hard to predict appreciation of the car since BMW decided to flood the NA market with cars vs. focusing on value retention for their customers. You may want to use the the fact that there are many available as an opportunity to negotiate with BMWNA.

[thesubmitter]

My buyback is 86k CAD , i already got a 40k discount
During the original leasing (start of the pandemic)

The question is more about should i flip it for like 45k and wait for a deal on anything else because i have other cars

Wondering if i should pass on the warranty. 6000$ is a lot , i can afford repairs to the car if needed…

[F5506m]

Originally Posted by thesubmitter

My buyback is 86k CAD , i already got a 40k discount
During the original leasing (start of the pandemic)

The question is more about should i flip it for like 45k and wait for a deal on anything else because i have other cars

Wondering if i should pass on the warranty. 6000$ is a lot , i can afford repairs to the car if needed…

I would pass on warranty for now, because you can get it at anytime prior to expiration of new car warranty. Being a 2019 you must at least a year or two left before you need to make the warranty decision.

[thesubmitter]

Originally Posted by F5506m

I would pass on warranty for now, because you can get it at anytime prior to expiration of new car warranty. Being a 2019 you must at least a year or two left before you need to make the warranty decision.

Actually the tricky thing is without the extended warranty the rate is 4.99 and with the warranty it is 2.99 . With the minimal warranty the net cost is zero (because of the lower rate)

[F5506m]

Originally Posted by thesubmitter

Actually the tricky thing is without the extended warranty the rate is 4.99 and with the warranty it is 2.99 . With the minimal warranty the net cost is zero (because of the lower rate)

You are confusing BMW Preowned Certification versus the warranty. BMW Certification extends original warranty by 1 year. You can chose to extend for a longer term. Getting the car Certified qualifies you for the lower rate that is offered to cars considered "Certified Preowned." If you did not certify the car and just bought extended warranty the rate would not change. There is a fee to get a car certified by BMW. It might be different in Canada compared to US; but i would doubt it.

[thesubmitter]

Right, i have been referring to certification (which includes the warranty) and consequently lowers the financing rate. So i guess i could just certify it and get only 1 year additional and that would be cheaper