I'm looking at a 2004 BMW 325cic (convertable) with 45k miles the dealer price is $28,000 The KBB trade in value is $23,840. The KBB sugested retail value is $34,025. I will be paying cash and would to get it for around $24-25k. What are your suggestions?
2006-09-27 14:58:33 · 8 answers · asked by Ashley K 1 in Cars & Transportation ➔ Buying & Selling
show them the cash, and tell them either you want me to buy it or not....play hardball with them!
2006-09-27 15:07:16 · answer #1 · answered by james w 3 · 0⤊ 0⤋
the best way is to use your feet and walk out the door. They will follow you to the car. Just keep in mind that if wholesale is 23,800 the dealer is going to make a minimum of 2000-2500. Cash is not in your favor, the dealer makes money from the bank if they get you financed. so they will sell it cheaper if you finance. Also the best place to buy a BMW is not at the BMW dealership. They know what their car is worth and will get that for it. The same car at a Chevy or ford store can be bought a lot cheaper.
Make your lowest but realist offer and tell them you have others to look at. If its close they will call you back. If not , just dont get set on one car .There will be another one come along the day after you buy one.
2006-09-28 17:33:24 · answer #2 · answered by mikeshammer 2 · 0⤊ 0⤋
The retail value must be off a bit because a brand new one only cost about $41,000. With that said its easy to negotiate but make sure you dont give in. Show them who is incontrol. Ask them what their best price is and see what they say and if its not what you want tell then I will buy it TODAY if you take 24,800 in cash. Its an automatic deal if they take it cause you do not have to get approved or anything so they know if they give in that they make a sale. Give it a shot but other than that walk away if they dont and let them kick themselves over it
2006-09-27 22:03:53 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Be stern and no screwing around. Remember there are a million dealers out there as long as you feel comforatable doing it. Average mark up is 5k. In the past few months I talked two dealers down 2k. You can go lower of course but if you never done it before. Also if *you supply the loan like from *your bank you have the greatest strength.
2006-09-27 22:08:11 · answer #4 · answered by Labatt113 4 · 0⤊ 0⤋
I probally shouldn't say this being a car dealer myself but I think that almost all car dealers no matter what will do anything for a sale; which means just stick to the price you want to buy it for and do NOT go any higher because if you move your price higher they will say no and you might even go higher and then their in control so just be in control and move to a different dealer if they dont take your offer!!
2006-09-27 22:18:16 · answer #5 · answered by Anonymous · 0⤊ 0⤋
i completely agree with everthing LABATT13 has said(should get best answer). i am a dealer and will tell you that his attitude is the perfect way to get what you want out of a dealer.*keep in mind* dealers are rebounding from one of the worst summer sales in the past 20 years. they are hungry to make a deal at less profit, just to keep the money coming in. the majority of the employees are paid on a commision scale. good luck
2006-09-27 22:18:38 · answer #6 · answered by Cars 4 Sale 3 · 0⤊ 0⤋
Tell them you have cash and they wont take no for an answer.
2006-09-27 22:06:47 · answer #7 · answered by Jules 2 · 0⤊ 0⤋
You tell them you are offering 24k for it!!!
2006-09-29 02:49:09 · answer #8 · answered by SOLUN macedonia 3 · 0⤊ 0⤋