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What would be a good offer?
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04-12-2010, 02:27 PM | #1 |
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What would be a good offer?
A local dealer has a 09 328i coupe which virtually has no miles on it (54). I priced a 2010 and the Invoice is $42,500. Minus the rebate, that would make it $40k. The dealer has the 09 at $40k. 2 questions, what would be a good offer since the vehicle is virtually 2 years old now since the 2011's are out? Also, how much value does the vehicle lose every year? Thanks
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04-12-2010, 02:34 PM | #2 |
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kbb.com, that is kelly blue book. Go to the website find out how much it's worth. The only thing I would tell you is you can do a whole lot better with the amount you are willing to pay.
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04-12-2010, 02:40 PM | #3 |
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Personally I'd look into a CPO '08 335 and try to save another $5-$10k. But to your original question, consult KBB, edmunds, etc. Also do research on autotrader and cars.com to see what comps are going for in your region.
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04-12-2010, 03:17 PM | #4 |
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If you rely on KBB, Edmunds, etc., for used car pricing you will definitely overpay. I recommend getting a temporary subscription to "Galves Auto Price List" to determine the wholesale "trade-in" and "market ready" values of the car before making an offer. Knowing the car's wholesale price will probably save you thousands of dollars when negotiating the final sale price. http://www.galves.com/
Good luck.
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04-12-2010, 05:24 PM | #5 |
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According to KBB, it has it at $40k. I'm definintely not paying that for an 09 since I can get the same price for a 2010. I was thinking about $35k and up to 40k out the door after everything. I am definitely not goin with the 335 due to its HPFP problems. I do alot of traveling and need a reliable car.
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