so i have an '02 430 coupe. i am leasing it and the list price when i started the lease was at 54000 and the buy back was about 38000. they are willing to lower the buyback to 31000 instead. i dont know how much my car is really worth it as 26600 miles on it.. what should i do..?

 

Check the bluebook prices on it, thats what they're using. My guess is that they dont think they can move a dark red CLK (No offense). I like it, but its not a very common color like silver black and white. My dad had the same problem with his E430 when he wanted to trade in for a 4-matic. It's forest green and that lowered what they were willing to give him for it because it would be harder to sell. If you like the car and it's in good condition i would compare it to other cars in its range (CLK 55 for example) and decide on that.

 

According to NADA.com, I guessed at your options, it seems that they are offering it at a good price. Good luck with your choice and I would say buy it!

June 02, 2005 print this vehicle report


Average Trade-In Average Retail
Base Price

$31,525 $35,850

Mileage

26,600 miles $1,200
$1,200

Options

Bose Stereo System (C230/240, E320) $350 $400
CD Player (Std. S55, CL Class, 600) $150 $175
Power Sunroof (Std. C32, E/CLK 55, S/CL Class) $675 $775
Sport Pkg. (Std. AMG 32/55 Cars) $1,000 $1,125
Theft Recovery System $75 $100

TOTAL PRICE $34,975
$39,625 *



Thank you for using NADAguides.com to get your used vehicle price. Are you

 

Get something newer.. isnt that the point of leasing?

 

Exactly what I'm thinking....also that $39K price is highly inflated. If I were in the market for a W208 430, I wouldn't pay over $28K for a 2002....just my $.02

 

what do you mean by the "buyback"? are you saying that the stealership is lowering your residual value, or is the stealership just offering you a lot less than what they promised you at the end of the lease?

if you are leasing your car, your contract should state EXACTLY what your residual value of your car is after you lease is complete. That value should not change.

AL

 

ok so went to the stealership im not keeping the car... they are offering me a '05 clk 500 for 54000 which i think is an amazing deal...so its gonna be a new clk or a new m3 i cant decide..

 

the new M3's ugly if you ask me, get the CLK 55 or an older M3. I wouldnt get a CLK 500 over an M3. My 2 cents. Your call though.

 

i would get the current e46 style m3 i hate all the new new bmw's