08-18-2015, 06:20 AM | #23 |
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Sucks that this happened to you. This is the advantage of leasing because you don't have to worry about it in two years. Even if it gives you some trouble, it will be covered under warranty. If you had bought it, then you would have had a true mess on your hands.
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08-18-2015, 10:50 AM | #24 | |
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08-18-2015, 06:06 PM | #25 | |
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(or at least hopefully that is how your lease end purchase price and monthly depreciation payment were calculated, and not the tricky "net cap cost x residual %") |
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08-18-2015, 08:34 PM | #26 |
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nicknaz is right. The negotiated price on a lease means nothing. The buyout is based on the residual and with the high M3 residuals, it's not a great deal. Now you can always negotiate for a lower buyout, but you are unlikely to get a great deal. You are better off riding out the lease and doing another ED with financing next time if you plan on keeping the car. You could also turn the car in and buy another used M3 at the time.
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08-18-2015, 10:36 PM | #27 | ||
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08-19-2015, 12:27 AM | #28 | |
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08-19-2015, 07:04 AM | #29 | |
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Well I guess that's fair.
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08-19-2015, 02:10 PM | #30 | |
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Re buyout at the end, you guys are right. I knew that right after I write that. It is based on US MSRP so no biggie deal unless the used car market is so strong for the M4. I see 3 year old M3 coupe going for high price but who knows what it will be in 2017. Most likely I'll do another ED in 2017 for 6er coupe or perhaps even a Tesla.
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08-19-2015, 10:24 PM | #31 |
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your engine is in the process of being replaced as of now?
I wish you the best luck man
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08-19-2015, 10:38 PM | #32 | |
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08-22-2015, 11:30 AM | #33 |
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08-22-2015, 01:01 PM | #34 |
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My BMW service center dropped a new engine, found that both turbos needed to be replaced and then could not calibrate the starter motor within specs so replacing that now. Insurance has agreed to pay for all ($41k) and am glad they did not total it. As per BMW, these are reparable but spares are not carried. Easier to replace with new units.
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08-23-2015, 07:22 AM | #35 | |
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Puddles make me skittish now. :
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08-23-2015, 07:36 AM | #36 |
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I would think 10 mph is too fast under the 8 inches or so water level obviously since the way you described it, if it were me no matter what I would idle though it at about 3 mph.
If you even look at a boat in a no wake zone the amount and size of a wake of water is huge at 10 vs the no wake zone speed of 5. Not to mention the wake produced by others coming in the opposite direction. After hearing these stories I will either avoid deeper water all together, or drive at less speed than idle to navigate through water. Thanks for the post anyway and sorry to hear your loss this may help others.
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08-23-2015, 12:53 PM | #37 | |
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09-03-2015, 11:57 AM | #38 | |
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Also OP didn't get out and measure the water, so we really don't know if it was only 8" or 12" or what. (no offense OP, but you know what i mean yea?) Also please let us know if there is any new news? Is your car fixed yet? Hoping for the best for you. |
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09-14-2015, 05:04 PM | #39 |
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i'm just not understanding how one drives through THAT much water.
if i even have to question how deep it is, i'm not driving in it. actually come to think of it, i don't even drive in the rain. only if i NEED to. |
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09-15-2015, 11:00 PM | #40 | ||
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Car is fixed and now going through break-in period. New engine, new turbos and starter.
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09-15-2015, 11:02 PM | #41 | |
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10-14-2015, 11:35 AM | #43 |
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10-20-2015, 01:35 PM | #44 |
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Understood but you can't be a numb skull either. Who drives through huge puddles in this type of car? SUV yes, M3 no.
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