How to negotiate when buying a car ...

Qmax03 · 08-09-2009, 04:47 PM

How do you guys start off ?

Ex. 2007 Bmw 335i.. 6-speed, ax/red, navi , spt pkg , 55k miles.

ASKING PRICE $28,495.

They just got the car on the lot, i offered them $24k right now out the door. It was a trade in, the front and rear bumper need to be repainted becasue of scratches etc.. also its out of warranty.. i believe its a fair price.. but the sales man said he cant do that price since the car JUST got on the floor and his manager belives it will sell for more. He said if it isnt sold soon he will give me a call...

So... that leads me to believe that he did buy the car WAY under 24k becasue he considered that price, he obvioulsy looked up what they own it for.. and when i said 24k out the door he seemed willing but not his manager..

i really do like the car.. and i really doubt anyones going to pick that car up anytime soon.. ive been in the market for a while and ive seen the same three 335i that ive considered on sale for over 3-4 months..

i really like this one.. but i dont feel like it would be a good deal at 28k... for a 54k miles 335i...

and suggestions ? should i wait a month and call back ?

Id like some advice from people in sales.. thanks.

Tondtar · 08-09-2009, 05:10 PM

Not sure about the price but the mileage is way too high for a two year old car , IMO.

No matter what kind of deal you get, beware of expensive repair costs if you don't have a good warranty on the car.

My $.02

Inspired · 08-09-2009, 05:15 PM

55k on a 335 with no warranty.. wow, good luck with that..

10M3MAN · 08-09-2009, 05:17 PM

I will never walk on a lot and negotiate. I now get all my approvals online and have it all picked out prior so that when I do go to the dealer. I simply give down payment, sign papers and drive off. Easy, Peasy, lemon squeezy....

Spaceman Spiff · 08-09-2009, 05:28 PM

Send Big Tony in and make them an offer they can not refuse

Other than that:

Why so many miles? If it was used as a rental or something like that you'll be better off not buying it. No warranty is also a corncern.

808six · 08-10-2009, 08:45 PM

that milage will be abig factor when you try to re sell it...but if the car car checks out, maybe u can offer the 24 AND buy the bmw extended car serviceso maybe itll be 27 out the door but with a 3-4 yr full bmw warranty? maybe thats an option

'Cane · 08-10-2009, 09:17 PM

Quote:

Originally Posted by Tondtar

Not sure about the price but the mileage is way too high for a two year old car , IMO.

The mileage is on the high side, but it could be very close to three years.

darkphantom · 08-10-2009, 09:21 PM

Well you always start off low...and if it is a place you've been buying from before, I'd tell them that after the first offer, and ask them to reconsider.

Then, I would tell them about the high miles, no warranty, show them known problems...and ask them if they would reconsider...if not bump it up by $500 and if not then....walk out...and look elsewhere.

However, 24k for a car like that...not sure you'll get that price but also, the car has some serious mileage and no warranty = yikes!

radix · 08-10-2009, 09:28 PM

Marry into the family of the dealerships owner.

08-09-2009, 04:47 PM	#1
Qmax03 LINEITUP 59 Rep 725 Posts Drives: 2010 335i MT AW Join Date: Jan 2009 Location: New York City iTrader: (2)	How to negotiate when buying a car ... How do you guys start off ? Ex. 2007 Bmw 335i.. 6-speed, ax/red, navi , spt pkg , 55k miles. ASKING PRICE $28,495. They just got the car on the lot, i offered them $24k right now out the door. It was a trade in, the front and rear bumper need to be repainted becasue of scratches etc.. also its out of warranty.. i believe its a fair price.. but the sales man said he cant do that price since the car JUST got on the floor and his manager belives it will sell for more. He said if it isnt sold soon he will give me a call... So... that leads me to believe that he did buy the car WAY under 24k becasue he considered that price, he obvioulsy looked up what they own it for.. and when i said 24k out the door he seemed willing but not his manager.. i really do like the car.. and i really doubt anyones going to pick that car up anytime soon.. ive been in the market for a while and ive seen the same three 335i that ive considered on sale for over 3-4 months.. i really like this one.. but i dont feel like it would be a good deal at 28k... for a 54k miles 335i... and suggestions ? should i wait a month and call back ? Id like some advice from people in sales.. thanks.
	Appreciate 0 Tweet Quote

08-09-2009, 05:10 PM	#2
Tondtar 12 yr old Juvie 1127 Rep 881 Posts Drives: His Mom Crazy Join Date: Apr 2008 Location: El Lay iTrader: (2) Garage List 2008 (RIP in 2011) ... [0.00]	Not sure about the price but the mileage is way too high for a two year old car , IMO. No matter what kind of deal you get, beware of expensive repair costs if you don't have a good warranty on the car. My $.02
	Appreciate 0 Quote

08-09-2009, 05:15 PM	#3
Inspired Colonel 153 Rep 2,368 Posts Drives: 335i Join Date: Dec 2007 Location: California iTrader: (2)	55k on a 335 with no warranty.. wow, good luck with that..
	Appreciate 0 Quote

08-09-2009, 05:17 PM	#4
10M3MAN Lieutenant Colonel 36 Rep 1,498 Posts Drives: 2006 Nissan Altima SER Join Date: May 2009 Location: Wharton, TX iTrader: (0)	I will never walk on a lot and negotiate. I now get all my approvals online and have it all picked out prior so that when I do go to the dealer. I simply give down payment, sign papers and drive off. Easy, Peasy, lemon squeezy....
	Appreciate 0 Quote

08-09-2009, 05:28 PM	#5
Spaceman Spiff Captain 93 Rep 847 Posts Drives: R8, 996 C2, Z4MR (sold) Join Date: Aug 2007 Location: SF Bay iTrader: (1)	Send Big Tony in and make them an offer they can not refuse Other than that: Why so many miles? If it was used as a rental or something like that you'll be better off not buying it. No warranty is also a corncern.
	Appreciate 0 Quote

08-10-2009, 08:45 PM	#6
808six Second Lieutenant 16 Rep 274 Posts Drives: AW 335 COUPE Join Date: Nov 2005 Location: HAWAII iTrader: (1)	that milage will be abig factor when you try to re sell it...but if the car car checks out, maybe u can offer the 24 AND buy the bmw extended car serviceso maybe itll be 27 out the door but with a 3-4 yr full bmw warranty? maybe thats an option
	Appreciate 0 Quote

08-10-2009, 09:21 PM	#8
darkphantom Banned 623 Rep 5,945 Posts Drives: E93 335i Join Date: Aug 2007 Location: The place for Bimmers iTrader: (4)	Well you always start off low...and if it is a place you've been buying from before, I'd tell them that after the first offer, and ask them to reconsider. Then, I would tell them about the high miles, no warranty, show them known problems...and ask them if they would reconsider...if not bump it up by $500 and if not then....walk out...and look elsewhere. However, 24k for a car like that...not sure you'll get that price but also, the car has some serious mileage and no warranty = yikes!
	Appreciate 0 Quote

08-10-2009, 09:28 PM	#9
radix you know he kills little girls like you 398 Rep 892 Posts Drives: - Join Date: Feb 2008 Location: - iTrader: (0)	Marry into the family of the dealerships owner.
	Appreciate 0 Quote