When we moved to Hawaii Island our car was paid for, in excellent shape, and 8 years old. I ordered it new from Germany in 2002, I loved it, and so it made sense to bring it along. No that same car is 11 years old, and while we have kept it well maintained and in excellent shape it has the kind of problems any eleven year old vehicle has… and it isn’t cheap to maintain.
For a while now we have been talking about getting a new one, and discussing all of the reasons to do so and the reasons to not do so. We have not had a car payment since like 2005, but since the warranty and free maintenance expired in 2006 so trust me, we have spent plenty on it since then. We have always driven new cars and justified it with the fact that we would rather have a budgeted monthly payment spread out evenly than the large surprises that can come with an older vehicle.
After making every attempt to avoid it, I recently ended up at BMW of Hawaii to have the air conditioning flushed and recharged. This only after taking it other places who ultimately could not work on it and referred me back to BMW. After some diagnosis of the problems I was told that to repair the air conditioning would cost me around $3,700 and there was another $1,500 in work needed. That adds up to a lot of car payments!
So, having anticipated this and doing my homework, I met with the sales manager to see what kind of deal we could work out. I stuck to what I wanted and actually struck a good deal with them. I did not have the work performed on my current car and they will be taking it in trade knowing what work needs to be done, and I get my upfront cash taken care of with the trade. So, I configured and ordered a brand new car from Germany which should be built and delivered sometime in June.
Yes, we have car payments again but we also have free maintenance for the entire period that we plan to drive it. It will also work in my favor in terms of taxes as I will use it so much for my real estate business. It’s quick and it drives… OMG! So ULTIMATELY! Anyway the images are of the car exactly as I configured it on the BMW website.