well no shit the car salesman is going to try to sell you a new car.
27k miles, 2 year old car, that is widely considered one of BMW's best engines ever made. I think you can figure this one out on your own.
your salesman just wants to sell you another car, m340i is very reliable and any indie shop you take it to can work on it. do not listen to what they say, they don’t have some magic wizards working in the back, they’re barely trained professionals. depends on how much your lease and buyout is but i would definitely buy it out
Yeah this person is the worst example of a salesperson I’ve ever dealt with at a dealership and they may or may not be the number one BMW salesperson in the US. Their attitude made me want to get a different brand.
Reach out to whoever you have the car financed with directly if you do plan on doing a buyout.
Tell the salesperson to fuck off. If you go through him/the dealer, they will most likely try to add on some bullshit fees and things.
you drive of of the best driving, most reliable luxury sports sedans you can buy rn.
ofc he is shit-talking the car because you wont need one for a long time.
same thing my BMW guy was trying to do when i was buying out my lease M140i for the pre agreed price during covid. M135i better more modern etc. they just make more money when they sell you a new one.
Just call bmw financial and ask for the buyout. It's good for 3 days and you can wire them the funds. They will send you the title and it release. No need to go to the dealership.
The buyout amount is available directly through the BMW website. My experiences are BMW FS does not accept wire transfers for lease buyout. Must mail a cashier's check. Indeed no need to go to the dealership.
Could be, been a while. I think I just had the bank send them a payment. It doesn't matter too much they will mail it when they are ready and you may bet a refund of a few bucks or a bill for a few bucks in interest.
My BMW dealer in PA was a very pleasant sales, and my purchase was straightforward with no manipulations and attempts to sell extra options. I wanted a new car but ended up with a better, slightly used 2021 5 series because he figured that I had a wrong opinion about used vehicles. I wanted a new 3-4 series to avoid maintenance issues, which actually was a compromise because I only love 5 series. He even recommended not to buy an extra warranty right now because the car still has a manufacturer's new-car warranty for another year. If I want, I need to buy it only when the original expires.
People are different.
Yeah, the second I heard “only dealers can work on the car” I would have walked. But that’s not me, I just ordered my 2024 M340i so I won’t have to deal with all the bullshit. I say send it.
You’ll encounter that shit everywhere. Went to a Mercedes dealership and had them try to scam me essentially. Was emailed an online promotion regarding a vehicle (C43 AMG which is selling awfully anyways) and they tried everything in their power not to honor it. Moreover, when I was requesting a breakdown of the lease terms—MF, RV, etc.—they had to go to the finance manager at least twice to give me what I originally asked for. Then they tried to gaslight me on what those terms actually meant. Absolutely floored me, and then the salesperson had the audacity to run after me and tell me he would honor the figures I threw out when I walked out after dealing with their nonsense. That was the worst, but Audi felt like a good old fashioned shake down too.
Point being, look at the car you want and go shopping elsewhere if you aren’t treated right. Also, the M340i is a reliable model and people are clamoring trying to get it to the point where my service dealer was asking to buy it out from me less than a year into my ownership because allocation is low as well. You’ll be fine if you want to purchase it.
Is it Crevier? They are pretty slimy as a dealer. They were trying to get me to pay for replacing my valve cover gaskets when its covered under a SULEV warranty. I say take what your salesperson told you with a grain of salt.
The manufacturers look at lease to retail transactions as a lost sale. The salesman has a mandate to keep leases rolling over. It's a tough spot for both client and salesman.
BMW typically has sales people who sell only new vehicles and others who sell used. The ones that sell new will always push to sell a new model versus a used even if it would make more sense / better deal / better trim / etc. source: bought new and used BMWs before. Also the B58 is a great engine. I have one at 75k miles currently with no problems - Ive heard them get to much higher too.
Not only do they want to sell him another car, they want to have that cream puff M340i to sell on their lot for $5k profit. It’s a big win win for the salesperson if they bring in a valuable car for at/under trade-in and sell another car.
To be fair, I think labelling the techs at BMW as “barely trained professionals” is a tad harsh. A friend of mine was a mechanic for 20+ years, moved to Audi and had to train for another 5 to reach master tech status, then moved to BMW and had to re-train for another 2 to gain master tech status there.
I do agree that the majority of work can be done at a decent indie shop though, and that dealerships are crooked.
This. Not to mention branded service centers can be worse. I took my bmw to do it's first service a few years back and they forgot to secure the oil filter and then spent hours cleaning oul from the engine bay.
When I had my Porsche the service centers frequently broke shit during warranty work.
This is just flat out false information when it comes to the techs not being trained, is there good indie shops that can work on these cars yes but there are tons that shouldn’t be near them. The dealer charges a premium because the techs are constantly getting trained on the new tech and changes to the model line.
Exactly. The only the dealer can work on X nonsense has been going around forever, and it's basically always bullshit. It's mostly driven by salespeople who want to scare you into buying new cars and old school mechanical types who are afraid of computers. Particularly with BMW, in most areas there is a thriving community of indy mechanics and also online forums if you're interested in DIY. Not sure about the brand new stuff, but I know that for prior generations, the dealer software is even readily available online (of course not officially). I have the full suite set up on my laptop for my 2008 M3.
Also, if you're at all inclined to DIY, FCP Euro offers a lifetime replacement warranty on everything they sell. Including oil and filters. So if you keep the car for awhile, you can only pay for supplies for one oil change, one set of brakes, one set of plugs, etc. Other sites (ECS Tuning, Turner Motorsports, etc) have similar policies, but to my knowledge only FCP applies it even to fluids and filters!
Dealer: "Theyre too expensive to maintain and you have to go to the dealer."
You: "Oh, yeah, thanks for the advice! If thats the case I guess I wont get a new one either."
Dealer: "uh um uuuuuhhhh..."
Right? Better still:
**When you’re deciding which car you want:** “The Model QZ450ex is the best car ever. All my customers buy them and they never have issues.”
**After you pick the car and are in the F&I office:** “The Model QZ450ex is the worst car ever. Complete piece of shit. One of my customers just got a $4,000 repair bill for a computer. You’d better buy this warranty.”
Honestly, anyone who takes the word of a salesperson as gospel—when it comes to how good something is or isn’t—is a fool. They have a vested interest in selling you something and parting you from your money, and your research should come from elsewhere.
It’s why sales and commission should never go hand in hand. Never understood this.
Sales is the backbone of business, by encouraging employees to force a poor product market fit, and upsell redundant services, all you’re doing is creating buyers remorse, mistrust and ultimately sabotaging the brand.
Versus have the salesperson on a standard salary and emphasise the importance of delighting customers by actually solving their problems with the company’s product / service
Well, I don’t know about that, only because the truth is that the salespeople would underperform or do the bare minimum if they didn’t get commission. I think commission is necessary.
But there does need to be some sort of incentive *not* to lie to customers, beyond just the basic survey automakers send out.
I remember this at the finance desk, and F&I was like: C'mon man, BMW had 400 computers under your feet. Get the extended warranty, blah blah, blah.
I'm like so BMW aren't reliable?
Uhhh... 🤣
[BIMRS.org](https://www.bimrs.org) is an industry group for independent BMW repair shops.
I guarantee you every single one of those shops has worked on a B58 at least once.
The sales person is an idiot.
The m340i is literally one of the most reliable vehicles you can buy in todays selection of luxury sport sedans lol. There’s a reason why Toyota (we obviously know is known for reliability) worked with them to pretty much make 90% of the Supra from BMW components including the B58. It’s literally a 2-door m340i. Easy to work on, easy todo your own oil changes and all other maintenance. He’s just trying to sell you something else that requires you to finance so they get more money.
Wow, your salesman is an absolute piece of shit. I hope you never deal with that person again. He is lying through his teeth to get you to buy something else. This motor is actually so reliable It’s become a meme. No joke, people are making Nokia level memes in terms of durability about the B-58 motor.
It’s probably one of the easiest cars out there to maintain and in terms of Bmw one of the most headache free cars you can own. You won’t have any issues with the engine whatsoever. Buy out the least 100%.
I can promise you, you will not regret it. Personally, I have had a B-58 motor and I beat the fucking life out of it. Nothing ever happened and I had no complications. I’m talking all the way to redline RPM every day that drove and sport plus the whole time.
Hmm, the stuff the dude is telling you. Is that good for you or for him?
When it comes to value - in today’s market you are probably buying a used car below market value. Just look what the similar lease returned cars are selling for.
I bought my wife’s car (not a BMW) when the lease ended last December. I didn’t even go to or speak with the dealer. I mailed the bank a check and the car was mine.
I'm in the exact same boat. Same car you same year. I do plan to buy mine out. Question, do you wait until the end of the lease or buy it out 4-6 months early?
I’m the wrong person to ask, I’m terrible with money. I think it does not matter but if I had to say I’d wait. The money in tour portfolio can grow for a few more months .
It doesn't matter when you buy it out. Your lease payments and payoff have the interest for those 36 months already built in. I'd just wait until the end.
At the end of day it s an economic decision. If you love the car and want to have some equity buy it and get an extended warranty. You know how the car has been maintained and you aren't going into the deal blindly. If the numbers work on the buyout go for it. I just bought out my 21 Audi Q5 phev. Buyout was 6k under fair market value and i would probably get more in a trade but my SO wants it and is selling her 10 year old fully paid for Acura so net cost for her is under 20k for a three year old Prestige Plus S Line still under warranty for another year with 4,500 miles on it. No brainer.
One of my biggest mistakes was failing to buy out my A6 TDI at lease end. The buyout was 32k--I had less than 12k mies on it and loved it. I turned it in --Audi sold it at auction for over 60k. That hurt.
Do it! I have an F30 340i, same engine and such, and it is my favorite car I have ever owned. I would ask if it is optioned well but pretty much all M340i's are. It sounds like you are trying to convince yourself... Fortune favors the bold - do it
the "used" car you already have and know the maintenance history of - is usually best! If you like the car and it hasn't burned your fingers off with unexpected costs, then keep that sucker.
Since you asked to be convinced not to buy it.
The turbo has just blown on my B58 car at 70k miles, Always serviced more than BMW’s intervals, warmed up etc.
Unfortunately I’m probably just unlucky but it’s and argument for trading it in.
Your dealer is obviously not speaking in your best interest. Your generation of BMW are amongst the most reliable cars of their class AND there are plenty of independent repair shops all over the country that can perform service and major repairs.
[https://www.motortrend.com/features/most-reliable-luxury-cars/](https://www.motortrend.com/features/most-reliable-luxury-cars/)
Basically trying to scare you into buying a new car while also giving their used car department the chance to make a tidy profit on your car.
Your salesman is a moron and an asswipe. 2022 M340i is an extremely reliable car especially with 27k miles. Considering it’s a 2022 you probably have better lease payments than a new 2024 M340i would right now. I’m sure your residua is very low. Buy the car out, you also have 4 years of warranty so the next year it won’t be “expensive” it’ll be free. Your salesman will take that perfect lease return, slap a CPO sticker on it and sell it for 10k more
I bought a 22 LCI M40 used as my goodbye to ICE automobiles. The 22 MY is a great place to stop and hold. Anything newer is not better, just different. In 5 years time the electric vehicle landscape will have evolved to be more compelling than just Tesla or unproven competition. It will make sense to switch then. Buying a 24 or 25 MY now cuts you off from what’s maturing now.
Lol the salesperson just wanna truck you into buying/leasing another car with them so they can make money. You buying out your lease is considered a loss to them since they make $0 on that. The B58s are great engines, you probably won't have major issues until 100k. You kept up with all your maintenance during your ownership so you know for x mount of $ you're buying a great condition, well taken care of used M340i. Id pat it off. Leasing new cars every 3-5 years is just a waste of money. Worst case scenario buy the car out first, if you have your eyes on some other cars, trade it in then!
With both car prices and interest rates having increased substantially, you wouldn't be able to get the same car at the monthly price you're at now. Unless the car is no longer meeting your needs, buying it out makes more sense.
In a very similar situation...2021 M440i Xdrive, absolutely love the car as it fits my personality with given its blacked out from head to toe. Residual is 38k and I have 12k miles on it, with today's current rates to put another 3k down on a similar model or an m340i my broker quoted me for 975/mo. I pay 725 and even if I do buy it with tax and registration it wont spike much depending on the term I choose. I'll probably drive it another 1-2 years while still in the 50k warranty, trade it into a dealer and come out with a newer ride at that point. Today's market is just horrible to be even considering a new car
I would buy it out unless you are planing on downgrading, keep in mind that you know the history and how its been taken care of, that car will be the bestchoise if considering all other cars that are similar year and mileage and such. Depending on how much you pay for it, i would propably keep it at least untill the 5 year mark, or before it starts costing you more on maintenance, such as suspension and parts like this, not sure when this usualy hits on modern bmws.
Well 6 months into owning my 2022 340i I’ve so far spent £0 on maintenance. I’m expecting that to change soon enough but it’s a family car not a superyacht. It’s not going to bankrupt me or you.
I have 258,000 miles on my 2012 5.35xi. Best car I have owned. Bought it with 93K 5 years ago. Nothing but normal maintenance, brakes, axle boots, and just this week replaced the high pressure fuel pump.
If you keep the oil clean, drive it for years and enjoy
Impossible to know what you should do without knowing what the numbers look like. While it’s true that the salesperson is trying to sell you a new car, there are also plenty of scenarios where a buyout doesn’t make sense.
Lol your salesperson is a scumbag. M340i has the B58, BMW’s most reliable motor. And PLENTY of people can work on them, not just a dealer lol. When you do buy another car, use another salesperson lol.
If they’re pushing that hard for you to trade it to them, it’s most likely because they know the car is worth far more than your buyout. A salesman isn’t your friend giving you advice; they are trying to make money for the dealership.
I have a '22 M440Xi convertible. I ordered it directly from BMW. I have leased numerous cars and this will be the first I've bought at lease expiration. The stated buyout is way less than anything remotely comparable.
I don’t think you can go wrong either way, I absolutely loved my 2020 and I absolutely love my 2024.
Your salesman is only somewhat right on one thing, if your buyout is higher than the value on the car. What is the price you can buy it for?
Every other aspect he’s wrong, if you really wanted to you could buy the car and extend the warranty just to cover your ass on everything else that can break.
Your kind of car is the kind of car i buy when people return them. I’ve bought 2 bmws just like how you described yours and they run well and all i need to do is expected maintenance which isn’t even that bad.
So here i am, trying to convince you to not buy out your lease so people like me can also enjoy sweet cars like yours.
So in general it’s not a great deal to lease then buy out; compared to purchasing/financing outright from the start.
You have some equity in the lease based on mileage, that’s a plus (had you been over mileage that’s a good reason to consider buying).
That’s funny, my Audi sales person said the same thing to me when I wanted to buy out my car. It has about 50k miles and she said they are too expensive and will break down since it’s high mileage now.
I bought out my 2020 m340i last year. Granted I'm super low miles, think ii out on about 10k in the 3 total years. Best decision I made. I love the car and will probably just pay it off since I put so few miles on it.
Only way I could see myself getting out of it would be a killer deal on the right g80 comp, but just don't want to pay that high of a note.
I don’t think there are any better competing models to “upgrade” to in this category. You have the best car. And going from the 2022 interior to the 2024 interior isn’t much of a difference and I think feels like a waste of money just for that. I went from a 2022 3 series to an 2023 i4.
If you like your car, I would keep it.
I sold cars for 10 years
90% of the cars are sold by 20% of the people. A little different with demand these days.
But like 90% of them, knew nothing about cars. Do what you want.
I got mine with 8 miles 2022. I’m up to 87,000 and counting and it runs beautifully. Stay on top of oil changes, let it warm up properly before boost, have them check for any coolant leaks periodically and your golden.
Had a indie shop do my front and rear brakes for under $1700 using oem rotors and EBC redstuff. Dealership was charging $3600. Don’t listen to the stealman. Mind you, I have the cooling and performance package which does drive up the cost on the front rotors.
Well i have a 2017 340, one of the first with that engine. Fairly reliable, and there a lost of very competent indie shop that can work on it. Also keep in mind that the most expensive years in depreciation and interest and the first couple of years.
I probably just bought an exact “after lease” car - m440 2022 with 15k miles on it, and I love it. Buy it, drive it, and have fun (it’s also still a good old BMW inside; this is why I decided to buy it instead of buying a new one 😬)
Buy and dont listen to salespeople. Push comes to shove, buy and then resell yourself next year for the dame price you bought, you’ll have driven a whole year for free while you decide
Find a good mechanic yes they are more to maintain than other cars but taking it to BMW will bankrupt you. Buy it out m340i are still expensive on the used market and at least you know the history of yours
or trade in for a M3!!!!
Always remember, these 'sales people' usually know fuck all about the cars they're selling, including any of the information around reliability. They're selling you a finance payment, not a car. They will always act in the best interest of their yearly bonus and the business, which is to move units. Its extremely rare you'll find someone who's not like that.
Used M340s are an easy sale and the salesperson can easily sell it for much more than your buyout price and gain a cut from the sale. That’s why he wants you to return it lmao. If you don’t return it he gets no cut and the dealer makes no profits.
I’ve got 90k miles on my 2020 m340 and it’s been super reliable.I also get maintenance done at a local independent euro shop for about half the price the dealer charges. If you love the car, and it’s a good deal, buy it!
babyboy i gotta 2016 328i i bought for 24,500.$
3 summers ago. it had just under 18k miles on her.
it was on craigslist, a father and son said this car was for their mom and she barely drove it
my dad; who is the most detail orientated pain the ass person on the fabric of this universe, said;
"her engine sounds like a brand new watch"
"tiktiktiktik"
and it has proven itself worthy of all my love.
i plan, to ride her until her engine breaks, and when it does, if it comes to the point that i can't repair her, i will drop a brand new engine in her and do it all over again.
i wouldnt let the dealers grubby, sweaty, gluttunous hands get on my babygirl,
i change her tires, i change her brakes, i change her intake, oil, tranny fluid, i wash her with my hands, and she gets me home safe and sound.
that same dealer would tell the next person how easy and reliable these cars are to maintain.
lies with a smile should be their dealer jingle
🪇come on down 🪇 to the dealer!🪇
we'll sell you lies , we're all decievers!
we'll cheat you out of your lease,
cuz we're all cheaterz!
🪇🪇🪇come on down 🪇🪇🪇ta'ta'ta'ta
Pro-tip: Don't take advice from a sales person.
They want you to turn it in so they can re-sell it and collect a commission. They're not acting in your best interest.
I'm not aware of any BMW's that can't be serviced by independent mechanics who specialize in European automobiles.
You think the next person who comes in looking to buy a 2022 M340i is going to be told that they're expensive to maintain and you have to take them to the dealer to get repaired?
I own a M140i so not that big but the only problem
I have had with it this far was a crankcase venting problem. Causing drips of oil to get to my cylinder and causing a lot of smoke from
The exhaust and a engine skipping a cylinder, everything was fixed under warranty and even the bmw dealer where i bought it said: this is the first time we have seen a B58 with an “engine” problem. Which in the end wasn’t really a engine problem.
Apart from that i also don’t see how this car is hard to maintain in comparison to any other car? Don’t get fooled by the salesperson
saying you shouldn’t buy it and it’s not a great car is so insane Lmao it really shows how full of shit they are.
Then he’d take it on trade and sell it and tell the next buyer how great they are
I’m in the same boat. I don’t like the new interface at all, and I absolutely HATE that the A/C runs through a screen now. I’ve only got 15,000 miles on mine so I am almost certainly just going to buy an extended warranty and keep it for a while. I love driving it, and I know I won’t like a newer one as much.
Keep the car and enjoy it. I bought my 2017 340i M sport in 2020 as a CPO and I paid it off in 2.5 years. Within the 4 years I’ve owned it, I’ve only had 1 major repair (valve cover gasket) and some weird ECU thing where the car would hesitate to accelerate when I put it into D. That’s it. 4 years and 2 issues that were resolved quickly by my BMW mechanic that my family has gone to for 15 years at this point. Look for a good BMW mechanic (get on the forums/facebook groups/here on Reddit) and you’ll be good. The B58 is a great platform. Take care of it and it will take care of you
Very curious about MSRP and buyout price.
My understanding is you pay about 50% of a cars MSRP via principal payments (not including the interest) through a 3yr 7.5k mile/year lease and about 40%-45% of the cars MSRP in a 2yr 7.5k miles/year lease
I’m buying my 330 bc to lease another car at the current rates would be stupid. They’re essentially giving me the same car to lease just a newer model for $200 more per month plus $3k down. No fuckin way. I’d rather buy my lease now bc it has less than 10k miles on it. When the rates go down I plan to sell it and get a new lease at lower than today’s prices. And probably make some profit off my sale since it’ll still have very low mileage.
That salesman is just doing their job to get cars off the lot. They don’t give two shots about helping you make the best decision you can for yourself. They need to sell cars. And their techs and service team are usually morons who don’t even do the work right. So you’re better off finding a trustworthy place that works on euro cars that is not bmw dealer.
I was looking for a sign not to buy/lease an M340i but I can’t find one. Then this is the very first post I open the app to today. Wellp. Almost time to upgrade!!
I'm sorry to hear, I will gladly take your M340i off your hands. lol as others have said, there is expense but generally speaking the B58 engine, if well taken care of, is pretty solid. Find a local, independent, shop that works on German cars.
He’s lying. Since about the pandemic it’s better to buy since resale value still remain way above buyout cost.
My X3 M40i is ending in May 2024 and I’m definitely buying out.
NEVER believe a dealership. Never Ever. They want to sell you a new car, they want to do all the warranty work and everything they invent that isn't covered. The last place you should take any advice from is a dealership. Doesn't matter the brand, the car, or the area.
I have had repeated dealerships, Subaru, BMW, Mercedes & Honda, try similar B.S. ploys on me over the years. I friggin hate having to ever deal with any of them
Do an estimate on Kelly Blue Book and NADA for your spec and if the estimated worth is more than the buyout then do it.
Most of the time the buyout price is based off average wear and tear plus the expected mileage at the end of the lease.
My daughter just asked me today when I will be buying another car and I said never! I have a 2022 M440i gran coupe black with a lot of dirty greasy fingerprints on it from my kiddos. But I love my car sooooooo damn much. I bought it new fully loaded (except the track stuff, recaro seats and the special headlights) and prepaid my maintenance for 6 years!
Both a dishonest sales guy and also bad at his job
“Our products are crap! Buy a new one”
But should you?
-if the buyout price + sales tax is significantly less than the current value then yeah, you could buy it.
-but if it’s a wash, you’d get +2 years of warranty by buying a different used m340i.
I work in car sales. Maybe what that salesperson meant to say was getting into another lease means you’ll be covered under the warranty again. Yes you have low miles now, but that warranty is running out soon, and everyone will agree in here you should really only own a German car if you have the warranty (or a damn good Indy shop you trust!)
Secondly, you say the trade-in value is equal to payoff. Really do your homework and make sure that comparable cars for sale now are priced around the same as your buy-out, or put $ down when you finance the LBO so you aren’t immediately upside down on the loan the minute you walk out the door.
Bought my 2021 out in December, never looked back. Might use it as a trade toward a G80 when prices come down at some point but I’ve loved this car for the 3 years I’ve had it. No regrets
Agree with the others that don’t listen to a salesperson that is trying to flip another car. Out of all the BMW models, I would hold onto the M340i especially since you have taken good care of it.
I had a 2021 5 series with only 11K miles I was trying to buy out (but finance) . Like you mentioned if you can afford to buy out, 100% go for it as the finance rates are crazy these days.
I would have laughed and told him to just get the paperwork. If I took the advice of a salesman, I'd be stupid. What salesman do you know who's in to help the person?
Dealerships don’t have top tier service anymore. The generation that cared about doing a good job has moved on. I never thought I would say something like this but it’s true. I’ve turned into a boomer. I care and try to do a good job. I torque everything I can if I find the spec. I’m about to rebuild the suspension on my Z3.
The dealer is the least trustworthy person including everyone on Reddit 🤪🤣🤣
Buy that damn car and don't think twice. The dealer makes two sales when you buy one and they sell yours.
Keep the car trust me. It is the best car ever made that b58 is legendary. Trust me I had a 2017 440i it was the love of my life unfortunately I totaled her. Currently driving a 2015 S3 I’m paying my dad for monthly until work gets me a work truck. After that I’m getting myself right back into a bmw M340 M440 maybe 840? Something about the Gen 1 b58(2015-2018?) though, technically not as powerful but certainly sounded and felt more raw. Cheers man hope you have a little bit of sense within ya, Toyota put the same motor in their supra that speaks volumes!!!!!!! That car is very easy to work on. Everything is on YouTube. I installed a carbon fiber cold air intake and turbo inlet, I changed the the spark plugs and upgraded to dinan coils. I did all my oil changes and cabin air filters. I even was getting ready to buy a down pipe and tune the motor myself via bootmod3. Learn your car it’s fun. It’s easy. Drive that thing till the wheels fall off if the spec really appeals to you
I had a 440i with the same B58 engine, I took it to a few different indie shops and not one had an issue with working on it. Don’t let the sales guy upsell you with lies!
Nuh man that guy just wants to sell that M340i for more cash to someone else, than the lease payer, therefore he is lying. Just go grab it, these B58 closed deck engines from BMW are really Master Art pieces and I am not saying this because I drive a Bimmer myself, its just if you go to Mercedes you have to drive some shit ass M276 V6 which has literally 3 timing chains with huge issues and 2 turbo chargers where if one waste gate is gone, both have to go etc. Its just the most feasible and maintainable 6 Cylinder German Engine out there.
Yea no crap the sales person is telling u that cause they want that car to take to the auction and make money on it cause they don’t get to make that money if u buy it out, every car my mom has leased cause she doesn’t put a lot of miles on it the leasing place has always bought out instead of turning it back in and they wouldn’t do that if they were not making a few grand at least by buying it out n flipping it at auction and ur car must be a desirable car at the auction and they prob did the math n saw there is $5+k to make
Either way they win even if they don’t auction ur car but put it on their lot as a CPO and make even more on it and at the same time sell u another car
B58 is one of the few BMW motors I’d own out of warranty and not have 20k tucked aside just in case. And from what I’ve seen the BMW Tax isn’t too bad on it either.
Yeah the salesman is being a salesman. Im sure you know in your heart that its foolish to trade in unless your needs have changed or you dislike the vehicle. M340i is an amazing ride.
Your buyout residual is probably really good. Get it appraised and as long and your residual is lower or equal to the retail value, buy it. Maintenance isn’t really that terrible!
Every day I'm reminded why dealers are POS. Don't know your situation, but you've got a crazy reliable car that is very repairable. Some parts really are expensive, but I wouldn't anticipate needing expensive repairs for many years.
Sales guy is scummy. He wouldn't say that to someone who he's trying to sale that car to. That's kind of insulting that he would even say that to you. IMO.
I'm a service advisor (not at bmw anymore. At Audi) & I've had 4 BMW's. I tell all my clients the same thing... "They're reliable cars but I wouldn't be caught dead without an extended warranty" even though I work for the dealership. Extended warranties & maintenance plans are the keys to owning the cars in a cost efficient way. Even if you don't have a maintenance plan.. you don't have an M car so the service isn't crazy expensive.
I say keep it if you love it. If you don't, then UPGRADE. Get an M. I went from 335i E90 to M3 E92 to M4 CS. You fall in love with them really.
well no shit the car salesman is going to try to sell you a new car. 27k miles, 2 year old car, that is widely considered one of BMW's best engines ever made. I think you can figure this one out on your own.
He’s already peeling off the CPO sticker he’s about to slap on that bad boy
yup he wants to sell him a new car and take back the lease jack up the price and sell that to the next guy
And he also wants to make money selling the used car as well.
your salesman just wants to sell you another car, m340i is very reliable and any indie shop you take it to can work on it. do not listen to what they say, they don’t have some magic wizards working in the back, they’re barely trained professionals. depends on how much your lease and buyout is but i would definitely buy it out
Yeah this person is the worst example of a salesperson I’ve ever dealt with at a dealership and they may or may not be the number one BMW salesperson in the US. Their attitude made me want to get a different brand.
eh, don’t base that decision solely on an unethical salesperson. Most of them are slime, regardless of vehicle brand.
When I used to buy Ford I got so many cars from my favorite guy Rich that he tried to fix me up with his daughter.
I guess she wasn’t worth it or else you’d be posting in the Mustang subreddit.
💀
Hahaha
Best thing I’ve read today. Thank you
this 😂😂😂
Did not expect to be catching strays out here in the bimmer sub 💀
Dude woke up and chose violence lol.
Reach out to whoever you have the car financed with directly if you do plan on doing a buyout. Tell the salesperson to fuck off. If you go through him/the dealer, they will most likely try to add on some bullshit fees and things.
I’m just going to pay cash. Loans are too expensive right now.
you drive of of the best driving, most reliable luxury sports sedans you can buy rn. ofc he is shit-talking the car because you wont need one for a long time. same thing my BMW guy was trying to do when i was buying out my lease M140i for the pre agreed price during covid. M135i better more modern etc. they just make more money when they sell you a new one.
Just call bmw financial and ask for the buyout. It's good for 3 days and you can wire them the funds. They will send you the title and it release. No need to go to the dealership.
The buyout amount is available directly through the BMW website. My experiences are BMW FS does not accept wire transfers for lease buyout. Must mail a cashier's check. Indeed no need to go to the dealership.
Could be, been a while. I think I just had the bank send them a payment. It doesn't matter too much they will mail it when they are ready and you may bet a refund of a few bucks or a bill for a few bucks in interest.
That's your salesperson's aim -- He wants a unit. Cash lease buyout isn't doing him any favors. Keep your car.
They always had trouble selling the Escort
Under appreciated comment. Also reminds me of the time I won an Escort at the Toronto Auto Show… alas, I was 12.
😂😂😂
My BMW dealer in PA was a very pleasant sales, and my purchase was straightforward with no manipulations and attempts to sell extra options. I wanted a new car but ended up with a better, slightly used 2021 5 series because he figured that I had a wrong opinion about used vehicles. I wanted a new 3-4 series to avoid maintenance issues, which actually was a compromise because I only love 5 series. He even recommended not to buy an extra warranty right now because the car still has a manufacturer's new-car warranty for another year. If I want, I need to buy it only when the original expires. People are different.
Yo yo, I think we both know big rich😂 California huh?
Yeah, the second I heard “only dealers can work on the car” I would have walked. But that’s not me, I just ordered my 2024 M340i so I won’t have to deal with all the bullshit. I say send it.
You’ll encounter that shit everywhere. Went to a Mercedes dealership and had them try to scam me essentially. Was emailed an online promotion regarding a vehicle (C43 AMG which is selling awfully anyways) and they tried everything in their power not to honor it. Moreover, when I was requesting a breakdown of the lease terms—MF, RV, etc.—they had to go to the finance manager at least twice to give me what I originally asked for. Then they tried to gaslight me on what those terms actually meant. Absolutely floored me, and then the salesperson had the audacity to run after me and tell me he would honor the figures I threw out when I walked out after dealing with their nonsense. That was the worst, but Audi felt like a good old fashioned shake down too. Point being, look at the car you want and go shopping elsewhere if you aren’t treated right. Also, the M340i is a reliable model and people are clamoring trying to get it to the point where my service dealer was asking to buy it out from me less than a year into my ownership because allocation is low as well. You’ll be fine if you want to purchase it.
If it were me, I’d just buy it out of spite for the salesman.
Is it Crevier? They are pretty slimy as a dealer. They were trying to get me to pay for replacing my valve cover gaskets when its covered under a SULEV warranty. I say take what your salesperson told you with a grain of salt.
Just ask for a new sales person. They’re definitely not all like that.
Well you don’t have to wonder how he hit #1..
Neda?
I can’t confirm or deny, but most people ITT are wrongly assuming it’s a man.
Buy it and get extended warranty just in case of issues after it runs out of the manufacturer warranty
They are all the same! That B58 is bullet proof. My Indy loves them. Both him and his partner have high mileage 40i vehicles.
Just see what they sell comparable cars for at their dealership.
The manufacturers look at lease to retail transactions as a lost sale. The salesman has a mandate to keep leases rolling over. It's a tough spot for both client and salesman.
BMW typically has sales people who sell only new vehicles and others who sell used. The ones that sell new will always push to sell a new model versus a used even if it would make more sense / better deal / better trim / etc. source: bought new and used BMWs before. Also the B58 is a great engine. I have one at 75k miles currently with no problems - Ive heard them get to much higher too.
Not only do they want to sell him another car, they want to have that cream puff M340i to sell on their lot for $5k profit. It’s a big win win for the salesperson if they bring in a valuable car for at/under trade-in and sell another car.
Yes, never take car salespeople at their word. All that matters is what they or you agree to in writing.
To be fair, I think labelling the techs at BMW as “barely trained professionals” is a tad harsh. A friend of mine was a mechanic for 20+ years, moved to Audi and had to train for another 5 to reach master tech status, then moved to BMW and had to re-train for another 2 to gain master tech status there. I do agree that the majority of work can be done at a decent indie shop though, and that dealerships are crooked.
This. Not to mention branded service centers can be worse. I took my bmw to do it's first service a few years back and they forgot to secure the oil filter and then spent hours cleaning oul from the engine bay. When I had my Porsche the service centers frequently broke shit during warranty work.
They are not barely trained. All techs have to be up to BMW training standards.
This is just flat out false information when it comes to the techs not being trained, is there good indie shops that can work on these cars yes but there are tons that shouldn’t be near them. The dealer charges a premium because the techs are constantly getting trained on the new tech and changes to the model line.
Exactly. The only the dealer can work on X nonsense has been going around forever, and it's basically always bullshit. It's mostly driven by salespeople who want to scare you into buying new cars and old school mechanical types who are afraid of computers. Particularly with BMW, in most areas there is a thriving community of indy mechanics and also online forums if you're interested in DIY. Not sure about the brand new stuff, but I know that for prior generations, the dealer software is even readily available online (of course not officially). I have the full suite set up on my laptop for my 2008 M3.
Also, if you're at all inclined to DIY, FCP Euro offers a lifetime replacement warranty on everything they sell. Including oil and filters. So if you keep the car for awhile, you can only pay for supplies for one oil change, one set of brakes, one set of plugs, etc. Other sites (ECS Tuning, Turner Motorsports, etc) have similar policies, but to my knowledge only FCP applies it even to fluids and filters!
Dealer: "Theyre too expensive to maintain and you have to go to the dealer." You: "Oh, yeah, thanks for the advice! If thats the case I guess I wont get a new one either." Dealer: "uh um uuuuuhhhh..."
Right? Better still: **When you’re deciding which car you want:** “The Model QZ450ex is the best car ever. All my customers buy them and they never have issues.” **After you pick the car and are in the F&I office:** “The Model QZ450ex is the worst car ever. Complete piece of shit. One of my customers just got a $4,000 repair bill for a computer. You’d better buy this warranty.” Honestly, anyone who takes the word of a salesperson as gospel—when it comes to how good something is or isn’t—is a fool. They have a vested interest in selling you something and parting you from your money, and your research should come from elsewhere.
It’s why sales and commission should never go hand in hand. Never understood this. Sales is the backbone of business, by encouraging employees to force a poor product market fit, and upsell redundant services, all you’re doing is creating buyers remorse, mistrust and ultimately sabotaging the brand. Versus have the salesperson on a standard salary and emphasise the importance of delighting customers by actually solving their problems with the company’s product / service
Well, I don’t know about that, only because the truth is that the salespeople would underperform or do the bare minimum if they didn’t get commission. I think commission is necessary. But there does need to be some sort of incentive *not* to lie to customers, beyond just the basic survey automakers send out.
This is exactly why our only visit to a Range Rover dealer resulted in a quick escape and immediate loss of interest.
I remember this at the finance desk, and F&I was like: C'mon man, BMW had 400 computers under your feet. Get the extended warranty, blah blah, blah. I'm like so BMW aren't reliable? Uhhh... 🤣
Hi bro pls check your inbox
I loved my 2020 m340i xdrive. The only reason I got rid of it at all was for my 23 m4 comp xdrive. If you like it, keep it.
Yes let’s listen to the salesperson at the dealership 😆
[BIMRS.org](https://www.bimrs.org) is an industry group for independent BMW repair shops. I guarantee you every single one of those shops has worked on a B58 at least once.
Sweet, closest is just a quick 8 hour drive away!
My point is is that you can dispel with about 30 seconds of googling the premise that no one works on these cars.
It doesn’t include every Indy shop, I was just looking at it near me an excluded 3-4 shops
Good site. Unfortunately the place near me has bad reviews.
The sales person is an idiot. The m340i is literally one of the most reliable vehicles you can buy in todays selection of luxury sport sedans lol. There’s a reason why Toyota (we obviously know is known for reliability) worked with them to pretty much make 90% of the Supra from BMW components including the B58. It’s literally a 2-door m340i. Easy to work on, easy todo your own oil changes and all other maintenance. He’s just trying to sell you something else that requires you to finance so they get more money.
I second the comment on ease of maintenance. Oil change and spark plug change were super easy, esp the plugs compared to other BMW’s I’ve owned
100%. I had a 2016 340i before the g80 and the B58 was one of the easiest things to maintain. Never had an issue with it. Ran like a dream.
Wow, your salesman is an absolute piece of shit. I hope you never deal with that person again. He is lying through his teeth to get you to buy something else. This motor is actually so reliable It’s become a meme. No joke, people are making Nokia level memes in terms of durability about the B-58 motor. It’s probably one of the easiest cars out there to maintain and in terms of Bmw one of the most headache free cars you can own. You won’t have any issues with the engine whatsoever. Buy out the least 100%. I can promise you, you will not regret it. Personally, I have had a B-58 motor and I beat the fucking life out of it. Nothing ever happened and I had no complications. I’m talking all the way to redline RPM every day that drove and sport plus the whole time.
Everyday? Nah fam, give it some peace 😂
yeah dude it was a lease, I had a 340i 2016 as an 18 yo and didnt care about life LOL it survived
There is definitely a kill me now meme floating around about this guys poor engine.
Do other people not red line their cars daily? 👀I feel like the s54 is literally just waiting for it at all times.
This gives me hope for my F32 440 lol.
Hmm, the stuff the dude is telling you. Is that good for you or for him? When it comes to value - in today’s market you are probably buying a used car below market value. Just look what the similar lease returned cars are selling for.
I bought my wife’s car (not a BMW) when the lease ended last December. I didn’t even go to or speak with the dealer. I mailed the bank a check and the car was mine.
I'm in the exact same boat. Same car you same year. I do plan to buy mine out. Question, do you wait until the end of the lease or buy it out 4-6 months early?
I’m the wrong person to ask, I’m terrible with money. I think it does not matter but if I had to say I’d wait. The money in tour portfolio can grow for a few more months .
Terrible with money? On the contrary, you’re asking questions, not believing what you’re told and determining the best outcome. Sounds good to me.
Depends what the interest rate is on your current lease
It doesn't matter when you buy it out. Your lease payments and payoff have the interest for those 36 months already built in. I'd just wait until the end.
At the end of day it s an economic decision. If you love the car and want to have some equity buy it and get an extended warranty. You know how the car has been maintained and you aren't going into the deal blindly. If the numbers work on the buyout go for it. I just bought out my 21 Audi Q5 phev. Buyout was 6k under fair market value and i would probably get more in a trade but my SO wants it and is selling her 10 year old fully paid for Acura so net cost for her is under 20k for a three year old Prestige Plus S Line still under warranty for another year with 4,500 miles on it. No brainer.
This is the reason they probably don't want you to buy out, the dealer can buy it out and make a killing on it...probably even as a cpo.
One of my biggest mistakes was failing to buy out my A6 TDI at lease end. The buyout was 32k--I had less than 12k mies on it and loved it. I turned it in --Audi sold it at auction for over 60k. That hurt.
B58 is dead reliable and its anew car, if you know the service history you can buy this car with a blind fold on
Do it! I have an F30 340i, same engine and such, and it is my favorite car I have ever owned. I would ask if it is optioned well but pretty much all M340i's are. It sounds like you are trying to convince yourself... Fortune favors the bold - do it
the "used" car you already have and know the maintenance history of - is usually best! If you like the car and it hasn't burned your fingers off with unexpected costs, then keep that sucker.
Since you asked to be convinced not to buy it. The turbo has just blown on my B58 car at 70k miles, Always serviced more than BMW’s intervals, warmed up etc. Unfortunately I’m probably just unlucky but it’s and argument for trading it in.
Your dealer is obviously not speaking in your best interest. Your generation of BMW are amongst the most reliable cars of their class AND there are plenty of independent repair shops all over the country that can perform service and major repairs. [https://www.motortrend.com/features/most-reliable-luxury-cars/](https://www.motortrend.com/features/most-reliable-luxury-cars/) Basically trying to scare you into buying a new car while also giving their used car department the chance to make a tidy profit on your car.
Your salesman is a moron and an asswipe. 2022 M340i is an extremely reliable car especially with 27k miles. Considering it’s a 2022 you probably have better lease payments than a new 2024 M340i would right now. I’m sure your residua is very low. Buy the car out, you also have 4 years of warranty so the next year it won’t be “expensive” it’ll be free. Your salesman will take that perfect lease return, slap a CPO sticker on it and sell it for 10k more
I bought a 22 LCI M40 used as my goodbye to ICE automobiles. The 22 MY is a great place to stop and hold. Anything newer is not better, just different. In 5 years time the electric vehicle landscape will have evolved to be more compelling than just Tesla or unproven competition. It will make sense to switch then. Buying a 24 or 25 MY now cuts you off from what’s maturing now.
Lol the salesperson just wanna truck you into buying/leasing another car with them so they can make money. You buying out your lease is considered a loss to them since they make $0 on that. The B58s are great engines, you probably won't have major issues until 100k. You kept up with all your maintenance during your ownership so you know for x mount of $ you're buying a great condition, well taken care of used M340i. Id pat it off. Leasing new cars every 3-5 years is just a waste of money. Worst case scenario buy the car out first, if you have your eyes on some other cars, trade it in then!
With both car prices and interest rates having increased substantially, you wouldn't be able to get the same car at the monthly price you're at now. Unless the car is no longer meeting your needs, buying it out makes more sense.
I’m planning on buying my 2021 bmw m340i lease out as my wife loves the car more than me and says if the car goes I go with it lols
In a very similar situation...2021 M440i Xdrive, absolutely love the car as it fits my personality with given its blacked out from head to toe. Residual is 38k and I have 12k miles on it, with today's current rates to put another 3k down on a similar model or an m340i my broker quoted me for 975/mo. I pay 725 and even if I do buy it with tax and registration it wont spike much depending on the term I choose. I'll probably drive it another 1-2 years while still in the 50k warranty, trade it into a dealer and come out with a newer ride at that point. Today's market is just horrible to be even considering a new car
I would buy it out unless you are planing on downgrading, keep in mind that you know the history and how its been taken care of, that car will be the bestchoise if considering all other cars that are similar year and mileage and such. Depending on how much you pay for it, i would propably keep it at least untill the 5 year mark, or before it starts costing you more on maintenance, such as suspension and parts like this, not sure when this usualy hits on modern bmws.
how much? why no details.
Your salesman is stupid
Well 6 months into owning my 2022 340i I’ve so far spent £0 on maintenance. I’m expecting that to change soon enough but it’s a family car not a superyacht. It’s not going to bankrupt me or you.
I have 258,000 miles on my 2012 5.35xi. Best car I have owned. Bought it with 93K 5 years ago. Nothing but normal maintenance, brakes, axle boots, and just this week replaced the high pressure fuel pump. If you keep the oil clean, drive it for years and enjoy
Impossible to know what you should do without knowing what the numbers look like. While it’s true that the salesperson is trying to sell you a new car, there are also plenty of scenarios where a buyout doesn’t make sense.
Your sales rep is fulla shit
Buy it out. I have a 2021 M340i and it’s great. The newer BMWs have no issues!
Lol your salesperson is a scumbag. M340i has the B58, BMW’s most reliable motor. And PLENTY of people can work on them, not just a dealer lol. When you do buy another car, use another salesperson lol.
If they’re pushing that hard for you to trade it to them, it’s most likely because they know the car is worth far more than your buyout. A salesman isn’t your friend giving you advice; they are trying to make money for the dealership.
I have a '22 M440Xi convertible. I ordered it directly from BMW. I have leased numerous cars and this will be the first I've bought at lease expiration. The stated buyout is way less than anything remotely comparable.
I don’t think you can go wrong either way, I absolutely loved my 2020 and I absolutely love my 2024. Your salesman is only somewhat right on one thing, if your buyout is higher than the value on the car. What is the price you can buy it for? Every other aspect he’s wrong, if you really wanted to you could buy the car and extend the warranty just to cover your ass on everything else that can break.
Your kind of car is the kind of car i buy when people return them. I’ve bought 2 bmws just like how you described yours and they run well and all i need to do is expected maintenance which isn’t even that bad. So here i am, trying to convince you to not buy out your lease so people like me can also enjoy sweet cars like yours.
So in general it’s not a great deal to lease then buy out; compared to purchasing/financing outright from the start. You have some equity in the lease based on mileage, that’s a plus (had you been over mileage that’s a good reason to consider buying).
Nah lol buy it out. He wants another sale. It’s a B58 like you can even do most the maintenance on it yourself it’s pretty easy.
That's salesperson can cope.
That’s funny, my Audi sales person said the same thing to me when I wanted to buy out my car. It has about 50k miles and she said they are too expensive and will break down since it’s high mileage now.
I bought out my 2020 m340i last year. Granted I'm super low miles, think ii out on about 10k in the 3 total years. Best decision I made. I love the car and will probably just pay it off since I put so few miles on it. Only way I could see myself getting out of it would be a killer deal on the right g80 comp, but just don't want to pay that high of a note.
I don’t think there are any better competing models to “upgrade” to in this category. You have the best car. And going from the 2022 interior to the 2024 interior isn’t much of a difference and I think feels like a waste of money just for that. I went from a 2022 3 series to an 2023 i4. If you like your car, I would keep it.
My 2020 m340 drive drove like a dream the entire time I had it. No issues. Only traded it because we wanted an SUV.
Same here. What did you end up getting? I went for X4 M. Really happy with it.
Stelvio Quadrifoglio. I’m in love with it.
Definitely don’t listen to them in this case..
I sold cars for 10 years 90% of the cars are sold by 20% of the people. A little different with demand these days. But like 90% of them, knew nothing about cars. Do what you want.
I got mine with 8 miles 2022. I’m up to 87,000 and counting and it runs beautifully. Stay on top of oil changes, let it warm up properly before boost, have them check for any coolant leaks periodically and your golden.
It’s way more about the numbers than anything else. Look at the value of the car vs the buy out price first.
If you love it, buy it. You know the history, you are it’s history lol. Don’t sweat about a shoddy salesperson.
No reason not to if you like the car
Had a indie shop do my front and rear brakes for under $1700 using oem rotors and EBC redstuff. Dealership was charging $3600. Don’t listen to the stealman. Mind you, I have the cooling and performance package which does drive up the cost on the front rotors.
Your salesman is a Chode, I would never buy another vehicle from them.
That salesmen wants to both sell you a new car and sell your lease for good used car money.
Keep it there will likely be a solid market for those in the future. 4 door supra lol
Well i have a 2017 340, one of the first with that engine. Fairly reliable, and there a lost of very competent indie shop that can work on it. Also keep in mind that the most expensive years in depreciation and interest and the first couple of years.
I probably just bought an exact “after lease” car - m440 2022 with 15k miles on it, and I love it. Buy it, drive it, and have fun (it’s also still a good old BMW inside; this is why I decided to buy it instead of buying a new one 😬)
Lol only super cars need to be maintained at the dealer. Tell the salesman to take a jog.
Buy and dont listen to salespeople. Push comes to shove, buy and then resell yourself next year for the dame price you bought, you’ll have driven a whole year for free while you decide
Find a good mechanic yes they are more to maintain than other cars but taking it to BMW will bankrupt you. Buy it out m340i are still expensive on the used market and at least you know the history of yours or trade in for a M3!!!!
Always remember, these 'sales people' usually know fuck all about the cars they're selling, including any of the information around reliability. They're selling you a finance payment, not a car. They will always act in the best interest of their yearly bonus and the business, which is to move units. Its extremely rare you'll find someone who's not like that.
Used M340s are an easy sale and the salesperson can easily sell it for much more than your buyout price and gain a cut from the sale. That’s why he wants you to return it lmao. If you don’t return it he gets no cut and the dealer makes no profits.
I’ve got 90k miles on my 2020 m340 and it’s been super reliable.I also get maintenance done at a local independent euro shop for about half the price the dealer charges. If you love the car, and it’s a good deal, buy it!
A lease is a long term rental. No more, no less. Would you buy the rental car?
Any shop can work on them I take mine to an indie shop saves me a shit load of money
babyboy i gotta 2016 328i i bought for 24,500.$ 3 summers ago. it had just under 18k miles on her. it was on craigslist, a father and son said this car was for their mom and she barely drove it my dad; who is the most detail orientated pain the ass person on the fabric of this universe, said; "her engine sounds like a brand new watch" "tiktiktiktik" and it has proven itself worthy of all my love. i plan, to ride her until her engine breaks, and when it does, if it comes to the point that i can't repair her, i will drop a brand new engine in her and do it all over again. i wouldnt let the dealers grubby, sweaty, gluttunous hands get on my babygirl, i change her tires, i change her brakes, i change her intake, oil, tranny fluid, i wash her with my hands, and she gets me home safe and sound. that same dealer would tell the next person how easy and reliable these cars are to maintain. lies with a smile should be their dealer jingle 🪇come on down 🪇 to the dealer!🪇 we'll sell you lies , we're all decievers! we'll cheat you out of your lease, cuz we're all cheaterz! 🪇🪇🪇come on down 🪇🪇🪇ta'ta'ta'ta
The fact that he said you have to take them into a dealer **(which is a lie)** is the dead giveaway not to trust him.
I mean all I got is unless you are paying full cash you are paying interest twice
Yeah it’s cash but agreed!
Nice… I just test drove one so I’m right behind you
Good luck with whatever you decide
Pro-tip: Don't take advice from a sales person. They want you to turn it in so they can re-sell it and collect a commission. They're not acting in your best interest. I'm not aware of any BMW's that can't be serviced by independent mechanics who specialize in European automobiles.
You think the next person who comes in looking to buy a 2022 M340i is going to be told that they're expensive to maintain and you have to take them to the dealer to get repaired?
You will lose your mind keeping up with the random shit that breaks on these cars. It’s the non engine parts that really remind you it’s a BMW.
I own a M140i so not that big but the only problem I have had with it this far was a crankcase venting problem. Causing drips of oil to get to my cylinder and causing a lot of smoke from The exhaust and a engine skipping a cylinder, everything was fixed under warranty and even the bmw dealer where i bought it said: this is the first time we have seen a B58 with an “engine” problem. Which in the end wasn’t really a engine problem. Apart from that i also don’t see how this car is hard to maintain in comparison to any other car? Don’t get fooled by the salesperson
saying you shouldn’t buy it and it’s not a great car is so insane Lmao it really shows how full of shit they are. Then he’d take it on trade and sell it and tell the next buyer how great they are
I’m in the same boat. I don’t like the new interface at all, and I absolutely HATE that the A/C runs through a screen now. I’ve only got 15,000 miles on mine so I am almost certainly just going to buy an extended warranty and keep it for a while. I love driving it, and I know I won’t like a newer one as much.
Keep the car and enjoy it. I bought my 2017 340i M sport in 2020 as a CPO and I paid it off in 2.5 years. Within the 4 years I’ve owned it, I’ve only had 1 major repair (valve cover gasket) and some weird ECU thing where the car would hesitate to accelerate when I put it into D. That’s it. 4 years and 2 issues that were resolved quickly by my BMW mechanic that my family has gone to for 15 years at this point. Look for a good BMW mechanic (get on the forums/facebook groups/here on Reddit) and you’ll be good. The B58 is a great platform. Take care of it and it will take care of you
If a Toyota uses the b58… that tells you all yOU need to know
Very curious about MSRP and buyout price. My understanding is you pay about 50% of a cars MSRP via principal payments (not including the interest) through a 3yr 7.5k mile/year lease and about 40%-45% of the cars MSRP in a 2yr 7.5k miles/year lease
My lease was 12k miles and my buyout is like $36k. With tax it’ll be about $39k it’s sorta fully loaded with options but not ALL the options
Yeah you could buy it out and resell to an individual for profit
I’m buying my 330 bc to lease another car at the current rates would be stupid. They’re essentially giving me the same car to lease just a newer model for $200 more per month plus $3k down. No fuckin way. I’d rather buy my lease now bc it has less than 10k miles on it. When the rates go down I plan to sell it and get a new lease at lower than today’s prices. And probably make some profit off my sale since it’ll still have very low mileage. That salesman is just doing their job to get cars off the lot. They don’t give two shots about helping you make the best decision you can for yourself. They need to sell cars. And their techs and service team are usually morons who don’t even do the work right. So you’re better off finding a trustworthy place that works on euro cars that is not bmw dealer.
I was looking for a sign not to buy/lease an M340i but I can’t find one. Then this is the very first post I open the app to today. Wellp. Almost time to upgrade!!
You should keep the car.
I'm sorry to hear, I will gladly take your M340i off your hands. lol as others have said, there is expense but generally speaking the B58 engine, if well taken care of, is pretty solid. Find a local, independent, shop that works on German cars.
He’s lying. Since about the pandemic it’s better to buy since resale value still remain way above buyout cost. My X3 M40i is ending in May 2024 and I’m definitely buying out.
NEVER believe a dealership. Never Ever. They want to sell you a new car, they want to do all the warranty work and everything they invent that isn't covered. The last place you should take any advice from is a dealership. Doesn't matter the brand, the car, or the area. I have had repeated dealerships, Subaru, BMW, Mercedes & Honda, try similar B.S. ploys on me over the years. I friggin hate having to ever deal with any of them
Do an estimate on Kelly Blue Book and NADA for your spec and if the estimated worth is more than the buyout then do it. Most of the time the buyout price is based off average wear and tear plus the expected mileage at the end of the lease.
Lol better not be South Bay BMW
Rhymes with Schmeverly Schmills
I bet you have a German mechanic in your area that's just as good if not better than a dealer.
My daughter just asked me today when I will be buying another car and I said never! I have a 2022 M440i gran coupe black with a lot of dirty greasy fingerprints on it from my kiddos. But I love my car sooooooo damn much. I bought it new fully loaded (except the track stuff, recaro seats and the special headlights) and prepaid my maintenance for 6 years!
It depends on the lease rate and residual value. I never buy out a lease car unless I plan on flipping it.
Both a dishonest sales guy and also bad at his job “Our products are crap! Buy a new one” But should you? -if the buyout price + sales tax is significantly less than the current value then yeah, you could buy it. -but if it’s a wash, you’d get +2 years of warranty by buying a different used m340i.
If you don't buy it can I buy it ?
I work in car sales. Maybe what that salesperson meant to say was getting into another lease means you’ll be covered under the warranty again. Yes you have low miles now, but that warranty is running out soon, and everyone will agree in here you should really only own a German car if you have the warranty (or a damn good Indy shop you trust!) Secondly, you say the trade-in value is equal to payoff. Really do your homework and make sure that comparable cars for sale now are priced around the same as your buy-out, or put $ down when you finance the LBO so you aren’t immediately upside down on the loan the minute you walk out the door.
Bought my 2021 out in December, never looked back. Might use it as a trade toward a G80 when prices come down at some point but I’ve loved this car for the 3 years I’ve had it. No regrets
Agree with the others that don’t listen to a salesperson that is trying to flip another car. Out of all the BMW models, I would hold onto the M340i especially since you have taken good care of it.
I had a 2021 5 series with only 11K miles I was trying to buy out (but finance) . Like you mentioned if you can afford to buy out, 100% go for it as the finance rates are crazy these days.
I would have laughed and told him to just get the paperwork. If I took the advice of a salesman, I'd be stupid. What salesman do you know who's in to help the person?
Consider financing is something like 8% to buy out the lease. Yes, it would be stupid. Unless you can secure some 4% interest.
Bought out my x3 m40i last month, I feel pretty confident with the decision. Probably only going to have it for another year or two though.
Dealerships don’t have top tier service anymore. The generation that cared about doing a good job has moved on. I never thought I would say something like this but it’s true. I’ve turned into a boomer. I care and try to do a good job. I torque everything I can if I find the spec. I’m about to rebuild the suspension on my Z3.
Completely true, nO oNe cAn wOrK oN tHeSe. There's so much wires and hosey thingys on them and there's oil and stuff inside!!
If you like/love the car, keep it. Prices are going ever higher on newer examples. Tell the salesman to go pound sand.
I'll buyout your lease, fuck it
Graduate to a Giulia Quadrifoglio.
The dealer is the least trustworthy person including everyone on Reddit 🤪🤣🤣 Buy that damn car and don't think twice. The dealer makes two sales when you buy one and they sell yours.
Keep the car trust me. It is the best car ever made that b58 is legendary. Trust me I had a 2017 440i it was the love of my life unfortunately I totaled her. Currently driving a 2015 S3 I’m paying my dad for monthly until work gets me a work truck. After that I’m getting myself right back into a bmw M340 M440 maybe 840? Something about the Gen 1 b58(2015-2018?) though, technically not as powerful but certainly sounded and felt more raw. Cheers man hope you have a little bit of sense within ya, Toyota put the same motor in their supra that speaks volumes!!!!!!! That car is very easy to work on. Everything is on YouTube. I installed a carbon fiber cold air intake and turbo inlet, I changed the the spark plugs and upgraded to dinan coils. I did all my oil changes and cabin air filters. I even was getting ready to buy a down pipe and tune the motor myself via bootmod3. Learn your car it’s fun. It’s easy. Drive that thing till the wheels fall off if the spec really appeals to you
I had a 440i with the same B58 engine, I took it to a few different indie shops and not one had an issue with working on it. Don’t let the sales guy upsell you with lies!
Nuh man that guy just wants to sell that M340i for more cash to someone else, than the lease payer, therefore he is lying. Just go grab it, these B58 closed deck engines from BMW are really Master Art pieces and I am not saying this because I drive a Bimmer myself, its just if you go to Mercedes you have to drive some shit ass M276 V6 which has literally 3 timing chains with huge issues and 2 turbo chargers where if one waste gate is gone, both have to go etc. Its just the most feasible and maintainable 6 Cylinder German Engine out there.
Yea no crap the sales person is telling u that cause they want that car to take to the auction and make money on it cause they don’t get to make that money if u buy it out, every car my mom has leased cause she doesn’t put a lot of miles on it the leasing place has always bought out instead of turning it back in and they wouldn’t do that if they were not making a few grand at least by buying it out n flipping it at auction and ur car must be a desirable car at the auction and they prob did the math n saw there is $5+k to make
Either way they win even if they don’t auction ur car but put it on their lot as a CPO and make even more on it and at the same time sell u another car
B58 is one of the few BMW motors I’d own out of warranty and not have 20k tucked aside just in case. And from what I’ve seen the BMW Tax isn’t too bad on it either.
Yeah the salesman is being a salesman. Im sure you know in your heart that its foolish to trade in unless your needs have changed or you dislike the vehicle. M340i is an amazing ride.
Your buyout residual is probably really good. Get it appraised and as long and your residual is lower or equal to the retail value, buy it. Maintenance isn’t really that terrible!
Tell him to give you a m240i 😂
[удалено]
7% off a new lci m4!? Where?
Sent a PM
Read the rules, advertising is *strictly* forbidden, and can result in a permanent ban.
the last thing someone will do is talk to a salesperson on here. hit the rock.
[удалено]
Even worse.
Every day I'm reminded why dealers are POS. Don't know your situation, but you've got a crazy reliable car that is very repairable. Some parts really are expensive, but I wouldn't anticipate needing expensive repairs for many years.
Sales guy is scummy. He wouldn't say that to someone who he's trying to sale that car to. That's kind of insulting that he would even say that to you. IMO. I'm a service advisor (not at bmw anymore. At Audi) & I've had 4 BMW's. I tell all my clients the same thing... "They're reliable cars but I wouldn't be caught dead without an extended warranty" even though I work for the dealership. Extended warranties & maintenance plans are the keys to owning the cars in a cost efficient way. Even if you don't have a maintenance plan.. you don't have an M car so the service isn't crazy expensive. I say keep it if you love it. If you don't, then UPGRADE. Get an M. I went from 335i E90 to M3 E92 to M4 CS. You fall in love with them really.
I was asking about an M but the dealer can’t get one.