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Smart Shopper Real-World Trade-In Values
38942 messages, Last post on Dec 02, 2009 at 6:53 PM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
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get trade-in, private party, dealer retail values.
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Replying to: volvomax (Dec 30, 2008 11:33 am) I spoke to a competing dealer who checked and said that my dealer is paying BMW $17600 for the car, so the best he could do is match the $18K. Where/how would I be able to buy a similar car closer to the $15K price?
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Replying to: volvomax (Dec 30, 2008 10:56 am) |
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Replying to: vish_dc (Dec 30, 2008 11:52 am) I think the price you have is fine, you aren't stealing the car, but you aren't getting ripped either. |
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Location: northern NJ 2006 BMW 530xi Wagon Auto transmission 20K miles Metallic silver/silver leather Options: Premium package, xenon headlights, heated seats,parking sensor Condition: Interior - Excellent, Exterior - Good (couple of scratches) Tires: Good Brakes: good Maintenance: all scheduled maintenance has been done (under BMW service plan) Am reading that folks are getting their residuals reduced. Is that because they have bank financing? Thanks. |
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Replying to: yatze (Dec 31, 2008 8:00 am)
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Replying to: soonercat (Dec 31, 2008 9:46 am) They've been "out of line" for years, but now the chickens have come home to roost (as the Chicago minister pointed out). BMW has been sucking up the upside-down residuals for quite awhile, but it's become beyond sustainable. I think it's called a house of cards. The next few years should be interesting for BMW leases.
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Replying to: yatze (Dec 31, 2008 8:00 am) FAIK, BMW Financial doesn't negotiate w/ customers. They might negotiate w/ your dealer though. |
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Replying to: volvomax (Dec 30, 2008 10:22 am) Really like the navigator, but don't like the miles or the dealer. Does an offer of 23-4 sound unreasonable on the EB Exp?
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thanks in advance for your opinion and they offered me 12,300 for my 05 prius with 35500. R350 4Matic $43,000 775 Iridium Silver $700 141 Black MB Tex H04 Brown Birds eye wood trim P01 P01 Package: Teleaid, Hands free communi $4,225 359 : Teleaid 389 : Hands free communication system 413 : Panorama Sunroof 519 : Rear Audio Controls 536 : SIRIUS Satellite Radio 810 : Harman/Kardon Sound System 848 : Power Rear Quarter Windows 890 : Power Tailgate 322 322 Exterior Appearance Package: Blue Ti $1,000 P96 : Exterior Appearance R02 : All Season Tires (19" Wheels) R39 : 5-Spoke Alloy Wheels V59 : Speed and Load Index 691 : Blue Tinted Glass 528 MCS II radio headunit 864 864 Rear Seat Entertainment Package: 2nd $3,050 575 : 2nd Row Center Console 864 : Rear Seat Entertainment 873 Heated Front Seats $700 SUBTOTAL $52,675 DESTINATION & DELIVERY $775 TOTAL $53,450 Vehicle has 22,001 miles on it. Purchase price $30,390
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Replying to: cdnpinhead (Dec 31, 2008 2:46 pm) However, if you contact the dealer about buying the car, then BMWFS will no longer make reduced offers. The dealer gets to buy your car from BMWFS for the MMR (auction) price, more or less.. So, if BMWFS won't work with you, contact your dealer about buying the car.. If the true value is well under the residual in the contract, you may be able to get it CPOed for the same or less than the straight buyout from BMWFS. regards, kyfdx visiting host |
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Smart Shopper Real-World Trade-In Values
