|
|
|
|
|
|
BMW Garage | BMW Meets | Register | Today's Posts | Search |
|
BMW 3-Series (E90 E92) Forum
>
Dealer accepted my first offer.
|
|
05-16-2012, 02:44 PM | #1 |
New Member
1
Rep 10
Posts |
Dealer accepted my first offer.
It's true. There's no satisfaction when the dealer accepts the your first "low ball" offer. 2008 328xi coupe with 38k miles for $23k (kbb trade-in is this same price). Proceed with the purchase? I feel like I could get it lower.
|
05-16-2012, 03:14 PM | #2 |
First Lieutenant
140
Rep 362
Posts |
I just got a 2007 335i coupe w/21k mileage (Clean VIN) for $25k..I'm sure you can get a 328xi for lower
|
Appreciate
0
|
05-16-2012, 06:55 PM | #4 |
Major
212
Rep 1,071
Posts |
In the future, don't ever use Edmunds, KBB, NADA, etc., for used car values or you'll pay too much. Dealers generally pay Galves WHOLESALE (trade-in) values. The Galves values are significantly lower in most cases. If the dealer bought the car at auction instead of taking it in on a trade, they paid a little more than Galves. Once you know the Galves value of the used car you're interested in, add $ for minor reconditioning (new tires, brake pads, etc.), $ for CPO (if applicable) and work up a fair offer from there. Working down from KBB or dealer retail is a sure way to get ripped off on a used car purchase.
__________________
|
Appreciate
0
|
Bookmarks |
|
|