Starting the process of deciding what the successor will be to my 2000 BMW 323i. I recently broke down for the first time (radiator expansion tank blowout) and it's obvious that, at 168,000, things are starting to go wrong.
Upon compiling the history of my maintenance on it, I found I have spent $20,400 in repairs and maintenance since I bought it in 2005. I paid $18,000 for it, and have driven it 107,000 miles. While the car is GREAT to drive, it hasn't been the most cost effective option. and the down time is annoying.
I want a car with some similar attributes - a quiet, firm ride, superior handling, 30+mpg, power when needed, quiet interior, great sound system, attractive styling. I think I can get $5-7k for the BMW if I sell it myself, which I ALWAYS do. Trading in is giving money away.
What to consider?
I once had a VW Jetta - not great with the maintenance costs, but a very nice handling car (for a front wheel drive model). I'd consider another one (new), but I think I am developing a fondness for the CC. I sat in one in the DC auto show 2 seasons back, and it fit me like a glove. Aweome ergonomics, and very stylish to my taste. And the model I would go for, the Sport, is the very bottom of the line, has the 5 speed I require. The turbo 4 cylinder is spirited and thrifty. I can get one for $27k plus taxes, fees etc.
Time is on my side. What else to consider?