Originally Posted by Design1stCode2nd
Is there any way to estimate what a dealer paid BMWFS for a lease return? I’d like to get a general idea as to how much wiggle room there should be on a CPO car. I know it costs roughly $2k give or take to CPO a car depending on brake wear/tire wear and so forth. But how do you determine the residual or “bid” the dealer made to buy it back from BMWFS?
Obviously there is no certain way to determine how much profit they are making at a listed price but I’m just trying to ballpark it.
Sometimes after the shop bill and CPO warranty price - the profit is under $1,000.