Originally Posted by WangTa
Thanks. If dealers are paying lower $40Ks for E90 at auction, what is the price to the customer? I have no idea what margin the dealers target?
I'm looking at a loaded '08 E90 with 15K miles - they are asking $48K. Not sure if this is negotiable or not.
I got a loaded 08 E90 with 8K miles for 46k cash in June. Tell him he better have put at least $4k of cash in the trunk too. A good used car profit for a dealer should be about $500.
Keep offering the low $40s price +$500, offer it once a week or so, I bet you someone will bite after 2 weeks. But you have to be persistent and say the same offer every time, "that you're the same guy from last week and you have cash on hand to do the deal".