My First Bimmer 2013 328i XDrive

SAADFUME · 06-04-2014, 01:45 PM

Howdy,

I'm new here and just wanted to say hi to other Canadian Bimmer owners.

I just took over the lease of a fully loaded 2013 328i XDrive for $550 a month and this is my first Bimmer.

I have a question in that the residual is $30K at Nov 2016. I don't know much about BMW's resale value so I have to make a decision if it will make sense for me to buy out the car in 2 1/2 years.

Because if I plan on keeping the car, I'll put winter tires and maybe 3M the hood. If I'm just gonna return the car at lease end, there's no sense of me doing that.

Also, would a 2013 328i Xdrive cost much to maintain after warranty expries?

What do you think? Thanks.

JimmersBimmer · 06-04-2014, 01:59 PM

Congratulations on the new car. Welcome to the boards!

bobblehead · 06-04-2014, 04:00 PM

The previous owner got the car a couple of months into the MY2013 production (assuming it was 39 months lease), thus the residual was set higher and interest rate was probably @ 4.9% at the time.

If it was like around $26-27K, then it's worth to consider of buying it out. If I were you, I would not.

Dan_335i · 06-04-2014, 05:55 PM

My lease is ending in nov 2016 also. But my residual is 28k

How come his is so high?

SAADFUME · 06-05-2014, 09:24 AM

Yes, it's a 39 month lease, 65K KM allowance. The 1st owner added pretty much everything, I guess that's why the residual is higher ($29,850 to be exact).

Seeing that he also purchased excess wear and tear, I might as well just enjoy my 328i to the full extend without worrying about the long term remification of my driving in the meanwhile.

06-04-2014, 01:45 PM	#1
SAADFUME Registered 0 Rep 2 Posts Drives: 328i XDrive Join Date: Jun 2014 Location: Calgary iTrader: (0)	My First Bimmer 2013 328i XDrive Howdy, I'm new here and just wanted to say hi to other Canadian Bimmer owners. I just took over the lease of a fully loaded 2013 328i XDrive for $550 a month and this is my first Bimmer. I have a question in that the residual is $30K at Nov 2016. I don't know much about BMW's resale value so I have to make a decision if it will make sense for me to buy out the car in 2 1/2 years. Because if I plan on keeping the car, I'll put winter tires and maybe 3M the hood. If I'm just gonna return the car at lease end, there's no sense of me doing that. Also, would a 2013 328i Xdrive cost much to maintain after warranty expries? What do you think? Thanks.
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06-04-2014, 01:59 PM	#2
JimmersBimmer Private First Class 3 Rep 125 Posts Drives: 2017 M240i X-Drive Join Date: Mar 2014 Location: East of GTA, Ontario, Canada iTrader: (0)	Congratulations on the new car. Welcome to the boards! __________________ 2017 F22 White M240i on Black Leather 2016 F30 Silver 328 on Black Leather 2015 F30 Jet Black 328 on Coral Leather 2007 E90 Silver on Black Leather
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06-04-2014, 04:00 PM	#3
bobblehead Brigadier General 256 Rep 4,721 Posts Drives: warp speed Join Date: Aug 2009 Location: Toronto, On iTrader: (0)	The previous owner got the car a couple of months into the MY2013 production (assuming it was 39 months lease), thus the residual was set higher and interest rate was probably @ 4.9% at the time. If it was like around $26-27K, then it's worth to consider of buying it out. If I were you, I would not.
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06-04-2014, 05:55 PM	#4
Dan_335i Captain 102 Rep 936 Posts Drives: 2014 335i EBII MSport Join Date: Aug 2012 Location: toronto iTrader: (0)	My lease is ending in nov 2016 also. But my residual is 28k How come his is so high?
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06-05-2014, 09:24 AM	#5
SAADFUME Registered 0 Rep 2 Posts Drives: 328i XDrive Join Date: Jun 2014 Location: Calgary iTrader: (0)	Yes, it's a 39 month lease, 65K KM allowance. The 1st owner added pretty much everything, I guess that's why the residual is higher ($29,850 to be exact). Seeing that he also purchased excess wear and tear, I might as well just enjoy my 328i to the full extend without worrying about the long term remification of my driving in the meanwhile.
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