Quote:
Originally Posted by lovcom
I would sell both BMW's. I don't know your economic standing, but if you and your wife don't make a combined $300,000+ a year, I would not advise you to keep such cars. In the interest of saving money, I would never buy those because they cost a lot more to fix, maintain, and they both guzzle gas, and a two kid family does not need such room as the X3 provides.
I would suggest you replace both of those inferior cars with brand new or near new two of the following: Civic, Fit, Yaris, Corolla. The cost of ownership of any of these cars is a lot lower then your BMW's, drink a lot less gas, give nearly the same space (you'd be surprised when you ride in one), cost a lot less to insure, are more reliable, and durable, and are made with higher quality then even the $100k BMW's.
You can maybe get two of those cars I listed new for what you might get when you sell both BMW's.
If you want to save money, provide safe transportation for your family, and want the best reliable and durable car that will have the highest longevity, stay far, far away from german cars, and embrace the Japanese cars I listed above.
PS. I owned several BMW's and I have had nothing but problems with them, and the cost to fix and maintain is wildly high.
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Inferior??????????????? LOL
Guzzle gas? My 2000 328i with 120k miles gets 30-34mpg on the freeway (depending on speed and hills).
High cost of ownership? A little more in terms of gas (premium), tires (bigger/more expensive than a basic compact) and insurance, but I've had three BMW's with over 100k miles and they were/are very reliable. Wish I could say the same for my Geo Prizm (Corolla clone) and old Accord. And I won't even start on the domestics. Plus, I bought the 328i two years ago for $8000. Its still worth ~$7000. I will say our Odyssey is holding up well, and it takes a beating.
Durability: Save the 95 325is and its cheap interior, my BMW's have held up great, particularly the paint. I will say our Honday Odyssey is holding up well, and it takes a beating.
Used luxury cars are fantastic buys. It just takes a little research to know what to look for and patience to find the right car.
I pay a little more to own one, but things like power/leather/heated seats, premium sound system, xenon head lights, sports car-like handling, and so on, are well worth it to me (I forgoe other things in life like iPhones, golf, name your hobby here, to enjoy a fine car).
To each their own I guess.
That said, OP should sell the car for financial reasons, not because of the "inferior" bit. And then OP should look at a used Acura TSX when car shopping again.. That is a car that combines the luxury aspects with the good points of the econoboxes listed.