E90Post
 


Bimmer Retrofit
 
BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > New & Preowned BMW Ordering / Pricing / Tracking Information Forum (including European Delivery) > Auction Price



Reply
 
Thread Tools Search this Thread
      02-19-2013, 01:37 AM   #1
marksmd95
///Mark
 
marksmd95's Avatar
 
Drives: BMW
Join Date: Jan 2013
Location: NE

Posts: 14
iTrader: (0)

Question Auction Price

Does anyone know if there's a way to check to see how much a car sold at auction? I'm looking at a car from a local dealer who bought it at auction...It would be helpful to know how much they paid for it.
marksmd95 is offline   United_States
0
Reply With Quote
      02-19-2013, 09:50 AM   #2
SHEEDI
Lieutenant Colonel
 
SHEEDI's Avatar
 
Drives: 2009 335i - Sport PKG
Join Date: Jun 2009
Location: NY

Posts: 1,611
iTrader: (0)

Garage List
2009 BMW 335i  [4.67]
sure,,send me VIn#
__________________
SHEEDI is offline   United_States
0
Reply With Quote
      03-11-2013, 03:45 PM   #3
VeloTime
New Member
 
Drives: Searching
Join Date: Mar 2013
Location: Washington

Posts: 17
iTrader: (0)

Quote:
Originally Posted by SHEEDI View Post
sure,,send me VIn#
Would you still be willing to do this? Looking at something now and this would be super helpful info.

Tried to PM you but I guess I can't yet here...

TIA!
VeloTime is offline  
0
Reply With Quote
      03-15-2013, 10:53 AM   #4
DMafia46
Hates Posers
 
Drives: E46M3,335xi,Lambo,
Join Date: Jan 2012
Location: Toronto

Posts: 393
iTrader: (0)

Can you look up car lists for bmw e90 lci, msport, in toronto adesa auctions?
DMafia46 is offline  
0
Reply With Quote
      03-15-2013, 12:35 PM   #5
SHEEDI
Lieutenant Colonel
 
SHEEDI's Avatar
 
Drives: 2009 335i - Sport PKG
Join Date: Jun 2009
Location: NY

Posts: 1,611
iTrader: (0)

Garage List
2009 BMW 335i  [4.67]
i can check only us auctions
__________________
SHEEDI is offline   United_States
0
Reply With Quote
      03-15-2013, 02:44 PM   #6
herpnthederp
New Member
 
Drives: 06 325i
Join Date: Jan 2012
Location: USA

Posts: 29
iTrader: (0)

How much lower do they usually go at the dealer auction vs the deslership, I'd read around 40% is that really true?
herpnthederp is offline  
0
Reply With Quote
      03-15-2013, 07:04 PM   #7
MrSlacker
New Member
 
MrSlacker's Avatar
 
Drives: LCI E90 328xi DD, E30 318iS
Join Date: Mar 2013
Location: NYC

Posts: 13
iTrader: (0)

Quote:
Originally Posted by herpnthederp View Post
How much lower do they usually go at the dealer auction vs the deslership, I'd read around 40% is that really true?
Thats not true at all. Auction prices are about $2-3K below average retail price. I started a search for E90 330i about a week ago and they bring 12-15K at auctions depending on miles and packages. I see same cars already on cars.com anywhere from $14K to $18K
MrSlacker is offline  
0
Reply With Quote
      03-15-2013, 09:57 PM   #8
Evochuck
First Lieutenant
 
Drives: 335xi 09
Join Date: Jan 2013
Location: Montreal

Posts: 310
iTrader: (2)

Depends on the car, its realy hard tto say, I bought my car with my dealer friend and I paid 16k for an 09 335xi (goes for 30k ish here in Canada). Just gotta get lucky, some other cars were selling for nearly retail price.
Evochuck is offline  
0
Reply With Quote
      04-05-2013, 10:25 PM   #9
jupiterfl
New Member
 
Drives: 2011 335d
Join Date: Apr 2013
Location: Jupiter FL

Posts: 5
iTrader: (0)

I bought a 2011 335d from a dealer here in S Florida 2 weeks ago for about the same price as I was seeing for similar cars at the Manheim auctions, and I got the CPO warranty from the dealer so I feel pretty good about it. It really depends on how compelled the dealer is to get it off the lot. In my case, it was on the lot for 90 days (the dealer had erroneously left off the online ad that it included premium package, navigation, winter package and upgraded radio) so he was ready to get rid of it.
jupiterfl is offline  
0
Reply With Quote
      04-06-2013, 08:10 AM   #10
Former USMC
Private
 
Former USMC's Avatar
 
Drives: 2013 335is Crimson Red
Join Date: Mar 2013
Location: Southern Ca

Posts: 82
iTrader: (0)

Quote:
Originally Posted by MrSlacker View Post
Thats not true at all. Auction prices are about $2-3K below average retail price. I started a search for E90 330i about a week ago and they bring 12-15K at auctions depending on miles and packages. I see same cars already on cars.com anywhere from $14K to $18K
Mr. Slacker,

Could you please site your reference on the data. $2 - 3K below average RETAIL or WHOLESALE?

It was my understanding that auctions usually brings prices below wholesale, but I could be wrong. Thanks.

Semper Fi
Former USMC is offline   United_States
0
Reply With Quote
      06-26-2013, 08:12 AM   #11
coolguy_md
Registered
 
Drives: bmw 530i
Join Date: May 2013
Location: MD

Posts: 1
iTrader: (0)

I am in the market for a X5, Does anybody here have access to the Manheim auction?
coolguy_md is offline  
0
Reply With Quote
      12-09-2013, 03:20 PM   #12
Redz284u
Registered
 
Drives: 328i M Sport Wagon
Join Date: Dec 2013
Location: Littlerock, Ca

Posts: 1
iTrader: (0)

Quote:
Originally Posted by SHEEDI View Post
sure,,send me VIn#
could you do me the favor of running my vin for auction price???
Redz284u is offline  
0
Reply With Quote
      12-09-2013, 03:26 PM   #13
SHEEDI
Lieutenant Colonel
 
SHEEDI's Avatar
 
Drives: 2009 335i - Sport PKG
Join Date: Jun 2009
Location: NY

Posts: 1,611
iTrader: (0)

Garage List
2009 BMW 335i  [4.67]
send me vin, i will try
__________________
SHEEDI is offline   United_States
0
Reply With Quote
      12-09-2013, 03:35 PM   #14
tony20009
Brigadier General
 
tony20009's Avatar
 
Drives: BMW 335i - Coupe
Join Date: Jun 2009
Location: Washington, DC

Posts: 4,423
iTrader: (0)

Quote:
Originally Posted by marksmd95 View Post
Does anyone know if there's a way to check to see how much a car sold at auction? I'm looking at a car from a local dealer who bought it at auction...It would be helpful to know how much they paid for it.
Though it won't give you a specific price for any given car, you can use the wholesale prices/trade-in prices found on any number of websites as a rough guide. Some good sources:
  • Edmund's
  • Galves
  • KBB
Another useful resource is lease values. Compare the sum of lease payments made during the term of the lease with the lease's stated residual value for the car. The wholesale value should be something around the lower of the MSRP less the sum of lease payments, or the stated residual value.



The one thing you can be certain of is that he markup on used cars is far higher than that of new cars. Dealerships can stay in business doing nothing but selling used cars. They cannot do so selling only new cars.



How do I know that's so? Look around. Have you ever seen a car dealership that does nothing at all but sell new cars? If there were money to be made doing nothing but selling new cars, there' d be businesses doing just that.


The fact is that the high profit margins are in service and used car sales. That is so for many reasons, not the least of which is the difficulty consumers have in obtaining the selling price -- at auction -- of used cars.



All the best.
__________________
Cheers,
Tony

------------------------------------------------------------------------------------------
'07, e92 335i, Sparkling Graphite, Coral Leather, Aluminum, 6-speed
tony20009 is offline   United_States
0
Reply With Quote
      01-13-2014, 01:37 PM   #15
exclusivo
Lieutenant Colonel
 
exclusivo's Avatar
 
Drives: race car
Join Date: Sep 2005
Location: queens, ny

Posts: 1,627
iTrader: (11)

Depends on the economy too, in Dec 2008, I bought by '06 325i with 30k for 16,000, which I think is a steal.
__________________
exclusivo is offline  
0
Reply With Quote
      01-14-2014, 10:20 PM   #16
Darkshines629
New Member
 
Drives: Awesome car
Join Date: Nov 2012
Location: Boston

Posts: 23
iTrader: (0)

Quote:
Originally Posted by SHEEDI View Post
sure,,send me VIn#
PM sent!
Darkshines629 is offline  
0
Reply With Quote
      01-15-2014, 08:43 AM   #17
SHEEDI
Lieutenant Colonel
 
SHEEDI's Avatar
 
Drives: 2009 335i - Sport PKG
Join Date: Jun 2009
Location: NY

Posts: 1,611
iTrader: (0)

Garage List
2009 BMW 335i  [4.67]
Quote:
Originally Posted by Darkshines629 View Post
PM sent!
PM replied
__________________
SHEEDI is offline   United_States
0
Reply With Quote
      02-28-2014, 10:12 AM   #18
XM_Rocks
First Lieutenant
 
Drives: E90 335i
Join Date: Sep 2007
Location: Austin, TX

Posts: 399
iTrader: (0)

Quote:
Originally Posted by MrSlacker View Post
Thats not true at all. Auction prices are about $2-3K below average retail price. I started a search for E90 330i about a week ago and they bring 12-15K at auctions depending on miles and packages. I see same cars already on cars.com anywhere from $14K to $18K
^ this.

OP, Offer whats its worth to you AFTER a PPI.

There are no two used cars that are equal!

I would pay a premium with records or a great PPI.
XM_Rocks is offline  
0
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 03:28 AM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST