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Good Price on a Used 2011 335i Sedan?
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01-18-2012, 03:35 PM | #1 |
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Good Price on a Used 2011 335i Sedan?
I found a car in my dealer's inventory that I'm thinking about buying and could use some advice on whether it's a decent deal or not, and how I should negotiate.
Specs 2011 335i Sedan 11,000 miles Manual Trans Jet Black Convenience Package Premium Package Sport Package Navigation Harmon Kardon Sound Heated Seats They're asking $42,980 It still has the original warranty (not even a year old, so it's not a CPO). The only thing that I'm concerned about is not having fold-down rear seats, but I don't think it's a deal-breaker. Is it a fair price? What leverage do I have to negotiate. From what I've heard, BMW Financial would finance it at 4.9% and 72 months. |
01-31-2012, 03:36 PM | #5 |
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I would consider that price a starting point for negotiations. I would think $38-40k would be more like it. Especially when you consider what you could probably negotiate on a new one. Their price is what, maybe $5k below a good deal on new with similar options? (I probably being generous too).
To be honest, the idea of 72 month financing on a used car bothers me more than the price - be that's just me. Assuming you can't get or qualify for better than 4.9% (I'm guessing the really low rates are for new cars), you're looking at almost $700/month until 2018......seriously? |
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01-31-2012, 08:37 PM | #6 | |
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Quote:
I'd recommend going in at 37k w/ third-party financing. You shouldn't pay more than 40k, esp since we're about a month away from residuals/prices falling off a cliff. |
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02-01-2012, 04:30 PM | #7 |
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I recently bought a nearly identical car:
2011 335i Sedan 12.2k miles Titanium Bronze Convenience Package Premium Package Sport Package Nav Harmon Kardon sound No heated seats though Paid $45k out the door, but that was after tax and fees with extended warranty (6 yr 100k) which was $4k alone. I think I got the car down to around $38k or so if I remember right
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2011 335i sedan 6MT, 515whp/530wtq. Pure Turbo Stage 2, Motiv SST TwinDisk Clutch/FW, Motiv Flash, AA 4" DP, ER FMIC, AA turbo-back exhaust, Quaife LSD, ST Coilovers, BMS Intake, UUC DSSR+SSK, ER CP, BMS CDV, BMS OCC, Arkym CF trunk
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02-01-2012, 08:35 PM | #8 |
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I agree closer to 40 tops should be a fair deal. I just purchased an 11' 335xi coupe with similar equipment for 41. Also if you've got a credit score over 720 you should be able to get around 3.5% for 72, I got 1.9 for 60 and that was not through BMW.
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02-10-2012, 06:33 PM | #9 |
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