Last post on Dec 17, 2012 at 9:34 AM
You are in the BMW 3-Series
What is this discussion about?
BMW M3, BMW 3 Series, Motorsports, Engine, Suspension, Car Buying, Coupe
#571 of 758 Re: Buying a 2007 328i CPO [edwardsf]
Oct 07, 2010 (4:58 pm)
I dont think I am going to go ahead with the deal. He is telling me that the car is registered in Arkansas and I will have to payoff his loan because the lien is held by BMW financial services. Sounds shady to me, or too much hassle to say the least. In any case my bank will not approve my loan for buying an out of state car.
I am considering a couple others from dealers. One has 19k miles on it and the dealer is asking for 21K $$. But this one is not a CPO. The other one is a CPO and has 42K miles for 21K $$. Both are under factory warranty until mid next year. Any suggestions on which one to go for? Thanks.
#572 of 758 Re: Buying a 2007 328i CPO [mpnikhil]
Oct 07, 2010 (5:05 pm)
You see, thats always the issue in buying cars with lien on them. It looks/is complicated. One of the reasons we had to resort to CPO car instead of private owned is this.
About the new cars that you are considering.. why doesn't the dealer offer CPO on 19K mile one ?. Does it have a bad history ?.
#573 of 758 Re: Buying a 2007 328i CPO [zayir]
Oct 07, 2010 (7:47 pm)
Both autocheck and carfax look clean. Nothing bad except that they were leased. The dealership is not a BMW authorized one, it is a nissan dealership primarily. I dont think they can certify the vehicle.
I am wary of going to independent dealers who seem to offer good deals, with reports being clean. I am afraid they might be hiding something, like accidents or damage which was not reported to autocheck/carfax. Do you think it is worth spending a couple thousand $$ more for a CPO from an authorized BMW dealer?
#574 of 758 Re: Buying a 2007 328i CPO [mpnikhil]
Oct 07, 2010 (7:52 pm)
The two cars I mentioned are from two different dealers. Sorry for the confusion.
#575 of 758 Re: Buying a 2007 328i CPO [mpnikhil]
by Mr_Shiftright HOST
Oct 08, 2010 (9:00 am)
carfax and autocheck are not always accurate. I've found many a car that comes up clean that I personally know had numerous fender-benders. I think they'd spot a TOTAL pretty reliably, though---but other mishaps? You can't count on 'em 100%.
#576 of 758 Re: Buying a 2007 328i CPO [mpnikhil]
Oct 08, 2010 (11:43 am)
See if they'll let you take it to an authorized BMW dealer for a Pre PurchaseInspection. Maybe you could get the VIN and run it by your BMWs service department.
Oct 08, 2010 (11:54 am)
When you get a sec, can you look up the GALVES value of
an '09 328i? Black/Black - 6 speed stick - cold weather pkg - sport pkg - Xenon - NAV - 6153 miles. Asking $33,999. I'm thinking Galves is somewhere around $26,500 & they'd let it fly for $$28,5 - $29K?
#578 of 758 2007 328i with Sport and Premiun packages price
Oct 08, 2010 (12:43 pm)
What would be a good price for a 2007 328i with sport and premium packages? It has 25K miles on it and the factory warranty ends in April 11. The dealer is asking for $$ 22800 .
#579 of 758 Re: Gbrozen [nyccarguy]
Oct 08, 2010 (2:16 pm)
Good thinking. $26,500 is near the top of Galves, so that should be about what they have in it if it needs nothing. I'm guessing it is a sedan, right?
If CPO, I don't think they'd go that low, but you never know.
Oct 09, 2010 (3:35 am)
It needs NOTHING due to the fact it has just over 6K on the clock. It is a sedan, sorry, forgot to mention that. Wish I was in the market right now. I'd hop over there quickly. Thanks for your help.