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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > Regional Forums > Canada > Trading in my 325Ci, is the stealership crazy?!



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      04-17-2007, 12:06 PM   #1
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Unhappy Trading in my 325Ci, is the stealership crazy?!

Trading in my 2003 325Ci in instead of going through the hassle of a private sale was appealing, until the dealer gave me a soft quote!

2003 325Ci with 34,000 km
Jet Black on black (leatherette)
manual transmission
heated seats
rain sensor
sunroof
iPod connectivity

they offered $19,000!

Dealers in Ontario are asking $28-34k for the same car, non-certified series and with a lot more miles (almost double in some cases). I should be able to get at least $27 ~ 31k in a private sale.

What do you guy's think, am I out of my mind or is the dealer?
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      04-17-2007, 12:12 PM   #2
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I wouldn't accept the dealer's offer for $19,000
is your dealer crazy?

bargain for big discount on the new car
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      04-17-2007, 12:32 PM   #3
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Quote:
Originally Posted by alanchan View Post
I wouldn't accept the dealer's offer for $19,000
is your dealer crazy?

bargain for big discount on the new car
See that's the thing... I'm holding out for a 2008 335i (Since there's a 3 month wait anyway), is bargaining now futile, or can I order a 2008 under the agreeed upon terms?

What's typical now for a 335i coupe, 4% off MSRP?
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      04-17-2007, 12:46 PM   #4
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Quote:
Originally Posted by tyrewt View Post
Trading in my 2003 325Ci in instead of going through the hassle of a private sale was appealing, until the dealer gave me a soft quote!

2003 325Ci with 34,000 km
Jet Black on black (leatherette)
manual transmission
heated seats
rain sensor
sunroof
iPod connectivity

they offered $19,000!

Dealers in Ontario are asking $28-34k for the same car, non-certified series and with a lot more miles (almost double in some cases). I should be able to get at least $27 ~ 31k in a private sale.

What do you guy's think, am I out of my mind or is the dealer?



WOW- I have the very same car- 2004 325ci, with same options, and my local Delaer is giving me $28K- w/ trade in for 335i coupe (on order)

Go to another Dealer!!!
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      04-17-2007, 12:55 PM   #5
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more like 2%
Quote:
Originally Posted by tyrewt View Post
See that's the thing... I'm holding out for a 2008 335i (Since there's a 3 month wait anyway), is bargaining now futile, or can I order a 2008 under the agreeed upon terms?

What's typical now for a 335i coupe, 4% off MSRP?
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      04-17-2007, 12:58 PM   #6
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Quote:
Originally Posted by canucklion View Post
more like 2%
It's higher than 2%, APA even gets quotes around 3~3.5% off MSRP in GTA.
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      04-17-2007, 01:07 PM   #7
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Quote:
Originally Posted by tyrewt View Post
Trading in my 2003 325Ci in instead of going through the hassle of a private sale was appealing, until the dealer gave me a soft quote!

2003 325Ci with 34,000 km
Jet Black on black (leatherette)
manual transmission
heated seats
rain sensor
sunroof
iPod connectivity

they offered $19,000!

Dealers in Ontario are asking $28-34k for the same car, non-certified series and with a lot more miles (almost double in some cases). I should be able to get at least $27 ~ 31k in a private sale.

What do you guy's think, am I out of my mind or is the dealer?
I traded my 325CI, 2004, 40000 kms, manual transmission, leather heated seats for 27,000$ last October for my 328i.
Find another dealer
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      04-17-2007, 03:42 PM   #8
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Which stealership did you go to for that quote?
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      04-17-2007, 07:56 PM   #9
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problem with 2003 - it's the one with the biggest hit

it is a per-facelift, if you ordered a 2004, you get a hell of a lot more money

BUT, you can always go to www.toyota.ca and use their black book to see how much you car is actually worth
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      04-17-2007, 09:12 PM   #10
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tyrewt, may I ask how much your car was new? Also don't forget you only pay the tax on the difference of your trade-in and the new car, so at $19,000 it would already be $2,660 worth of savings.
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      04-17-2007, 09:42 PM   #11
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Quote:
Originally Posted by tyrewt View Post
It's higher than 2%, APA even gets quotes around 3~3.5% off MSRP in GTA.
few months ago APA 4% on the 328i here in vancouver, probably same on 335i
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      04-17-2007, 10:33 PM   #12
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I got nearly $31k for my 2004 325iT last December. I don't remember my mileage, but I think it was around 32k kms. Wagons tend to hold their value a bit better but still your dealer seems to be really low-balling you.

That said, I wouldn't pay too much attention to the sticker place of similar cars at local dealers. When I traded in my wagon they had it on their lot a week later for $38k, but I'm sure they sold it for far less. Black Book values don't seem to bear a huge relationship to what things are actually sold for, but just in case, here is the Black Book wholesale value. Not too far from what the dealer is offering, but you should be able to do better.

Year Make Model Series Body Style
2003 BMW 3 Series 325Ci 2D Coupe

Based on the kilometers entered
and the options selected, your vehicle's classification
is appraised as: Clean.

Depending on your vehicle's condition, the value may be appraised within the High and Low range. * less Reconditioning Costs

Low: $20,180.00 High: $22,620.00
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      04-17-2007, 10:56 PM   #13
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Quote:
Originally Posted by GregL View Post
tyrewt, may I ask how much your car was new? Also don't forget you only pay the tax on the difference of your trade-in and the new car, so at $19,000 it would already be $2,660 worth of savings.
I don't recall exactly. But I did a bluebook search based on the credentials of the car and it was closer to $26,000. Regarding the tax on trade-in, I am aware. Thanks.
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      04-17-2007, 11:00 PM   #14
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Quote:
Originally Posted by aspiring335 View Post
I got nearly $31k for my 2004 325iT last December. I don't remember my mileage, but I think it was around 32k kms. Wagons tend to hold their value a bit better but still your dealer seems to be really low-balling you.

That said, I wouldn't pay too much attention to the sticker place of similar cars at local dealers. When I traded in my wagon they had it on their lot a week later for $38k, but I'm sure they sold it for far less. Black Book values don't seem to bear a huge relationship to what things are actually sold for, but just in case, here is the Black Book wholesale value. Not too far from what the dealer is offering, but you should be able to do better.

Year Make Model Series Body Style
2003 BMW 3 Series 325Ci 2D Coupe

Based on the kilometers entered
and the options selected, your vehicle's classification
is appraised as: Clean.

Depending on your vehicle's condition, the value may be appraised within the High and Low range. * less Reconditioning Costs

Low: $20,180.00 High: $22,620.00
I assume you got that quote from the toyota.ca site? It's a little under cut from Canadian Black Book. When I searched the value on another site with options and km it was closer to $26k wholesale. I'm not pinching pennies, just want a fair trade.
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      04-18-2007, 11:07 AM   #15
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Quote:
Originally Posted by tyrewt View Post
I assume you got that quote from the toyota.ca site? It's a little under cut from Canadian Black Book. When I searched the value on another site with options and km it was closer to $26k wholesale. I'm not pinching pennies, just want a fair trade.
Yea, from the Toyota site. That would be really lame if it was publishing values lower than the actual black book, since the calculator is actually hosted on the Black Book site -- I think what's actually happening is it's indicating trade-in values (instead of private party sale or retail price). Which site was giving you $26k wholesale?
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