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      11-19-2012, 08:01 PM   #1
NoM3Yet
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Auction prices for 2012 e92?

Hi everyone,

Can anyone give me an idea of what the typical auction prices that a dealer would pay for 2012 E92? Not trade in. I'm trying to figure out what a typical dealer would have into a 2012 if they had a used one on their lot.

Since they are only about 1 year old, I'm having a lot of trouble figuring out what this year is typically worth. I know a 2013 invoices about 64k - 65k (obviously depending on options), so I would expect it to be quite a bit below that, but I don't know how much lower is "reasonable".

Thanks!
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      11-19-2012, 08:33 PM   #2
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I was just looking at a 2012 with 4,000km for 60k at auction..but this is in Canada.
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      11-19-2012, 09:31 PM   #3
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I can't see too many being at auction yet.
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      11-19-2012, 09:32 PM   #4
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+1

Not a 2012
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      11-19-2012, 09:38 PM   #5
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Wholesale prices are crazy cheap. From $30k-$45k for 2008-2011. I would suspect that a 2012 would be $45k-$55k.
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      11-20-2012, 11:26 AM   #6
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Wow. Are wholesale prices really that low? Is it seasonal (the north is getting cold and snowy) or is it that these cars are only for specific type buyers?
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      11-20-2012, 07:02 PM   #7
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buying a used 2012 from a dealer is usually a pretty awful idea. The dealership expects roughly 60-66k MSRP for a used 2012 and then they will list how it MSRP originally for over 74k. That is great only if the original buyer bought it at MSRP but most don't so we're looking at 68ish for a well optioned M3 as invoice.
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      11-20-2012, 08:13 PM   #8
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Quote:
Originally Posted by Johndong888 View Post
buying a used 2012 from a dealer is usually a pretty awful idea. The dealership expects roughly 60-66k MSRP for a used 2012 and then they will list how it MSRP originally for over 74k. That is great only if the original buyer bought it at MSRP but most don't so we're looking at 68ish for a well optioned M3 as invoice.
+1, if anyone is considering buying a used 2012 right now, you can do a better job negotiating a 2013 for just a tad more (especially this time of the year).
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      11-21-2012, 12:10 PM   #9
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Quote:
Originally Posted by S65NAPWR
Quote:
Originally Posted by Johndong888 View Post
buying a used 2012 from a dealer is usually a pretty awful idea. The dealership expects roughly 60-66k MSRP for a used 2012 and then they will list how it MSRP originally for over 74k. That is great only if the original buyer bought it at MSRP but most don't so we're looking at 68ish for a well optioned M3 as invoice.
+1, if anyone is considering buying a used 2012 right now, you can do a better job negotiating a 2013 for just a tad more (especially this time of the year).
True, unless you pay 53k-55k for a 2012
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      11-21-2012, 12:26 PM   #10
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Thanks for all the great feedback.

You have both brought up exactly why I wanted to see what the wholesale prices. Most dealers are sticking firm to their 60k-65k prices, when I know they should be a lot lower.

I have speced out what I want in BMWConfig.com to get the invoice for a new 2013, so I know what a new one would go for.

I was thinking that I could pick up a very low mile 2012 for a good chunk cheaper than a new 2013, but as you suggest it's not working out.

I guess my search continues to get more expensive. I have been looking for an M3 for about 2 months and started with looking at 2008s at 40k, and have continued to go up the chain, and now I'm at buying brand new one!

And I know whats coming next, I'll buy new and still continue to spend money on "toys" for the new car.

Sometimes I wish I didn't like cars.

Thanks again!

Last edited by NoM3Yet; 11-21-2012 at 12:51 PM.
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      11-21-2012, 12:55 PM   #11
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Quote:
Originally Posted by NoM3Yet View Post
Thanks for all the great feedback.

You have both brought up exactly why I wanted to see what the wholesale prices. Most dealers are sticking firm to their 60k-65k prices, when I know they should be a lot lower.

I have speced out what I want in BMWConfig.com to get the invoice for a new 2013, so I know what a new one would go for.

I was thinking that I could pick up a very low mile 2012 for a good chunk cheaper than a new 2013, but as you suggest it's not working out.

I guess my search continues to get more expensive. I have been looking for an M3 for about 2 months and started with 2008s at 40k, and have continued to go up the chain, and now I'm at buying brand new one!

And I know whats coming next, I'll buy new and still continue to spend money on "toys" for the new car.

Sometimes I wish I didn't like cars.

Thanks again!
You should be able to get a used 2012 for a good deal less than a 2013.

Have you made a good faith offer? Or are you, in effect, just teasing the dealer about whether or not you are really interested? A dealer can sense whether you are a serious buyer or not and wont usually budge on a price until he's convinced you're in the game. You're never going know where the dealer is at on the price of a car you want until you say: "I offer you this much for the car and here is a check as a down payment." That's going to take a little courage on your part but, if you've done your homework, found the car you want, then you can get the car you want at a satisfying price.
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      11-21-2012, 01:02 PM   #12
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Quote:
Originally Posted by s2kroma View Post
True, unless you pay 53k-55k for a 2012
very rare case that someone will snatch a 12 for 53-55k. that's assuming everything is clean, not stripped out, or high mileage
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      11-21-2012, 01:08 PM   #13
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They were going for 55-58k at auction 3 months ago.
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      11-21-2012, 01:17 PM   #14
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Thanks for the feedback, fuddman.

Actually, this is great feedback. I maybe have been a bit hesitant when talking with various dealers, as I didn't know what these would wholesale at for these cars.

I had a "feeling" of what they should be worth, but didn't come in firm with my offers. I guess I could have come across as "just feeling it out", and as you point out that does not incent the dealer to work with me.

I have been doing my homework, know exactly what I want and have the money. With this information on "reasonable" wholesale, I'm more confident that my offers are "reasonable", and I'll need to approach it that way.

Thanks again for the great feedback!
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      11-21-2012, 01:47 PM   #15
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Quote:
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They were going for 55-58k at auction 3 months ago.
Exactly and with the new M3/M4 on the horizon the 2012 M3 will and is going down and is in the high 40s/50s wholesale. That was a couple months ago too in the PNW.
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      11-21-2012, 01:58 PM   #16
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hi

I can't see too many being at auction yet
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      11-21-2012, 02:02 PM   #17
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Ok, so now it's time for a stupid question (maybe).

Does "Wholesale Price" = "Auction Price"?

My understanding is that "Auction Price" is what dealers pay at dealer only Auctions, while "Wholesale" is what one dealer would sell the car to another dealer at.

So I assume that the 2 prices are different. I just re-read my posts and realized that I started using "Auction" and "Wholesale" interchangeably. Sorry if this is not correct.

Thanks!
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      11-23-2012, 06:00 PM   #18
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Anyone know what the auction prices are for 2011 e90s?

thanks
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      11-23-2012, 06:20 PM   #19
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I am a dealer. Here is the internet MMR for Manheim auction sales. There is not much our there yet since it is a 2012 and the prices are not as low as you would think. A common misconception of people is that we make alot of money on used cars; well this is not always the case. I think you are better off trying to make a good deal on a new 2013. Best of luck to you.

08/30/12 NEVADA Lease $63,000 2,120 Above MINERAL 8G A Yes
08/30/12 NEVADA Regular $61,000 1,415 Avg GRAY 8G 6 Yes
09/06/12 DETROIT Regular $60,400 2,423 Avg BLACK 8G A Yes
09/18/12 DETROIT Regular $63,000 2,781 Above Black 8G A Yes
10/04/12 RIVRSIDE Factory $61,500 4,086 Avg LEMANSBL 8G A Yes
10/10/12 ATLANTA Lease $59,000 17,421 Below SPC GRAY 8G A Yes
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      11-23-2012, 06:22 PM   #20
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Quote:
Originally Posted by cmpe View Post
Anyone know what the auction prices are for 2011 e90s?

thanks
Here ya go:

10/11/12 PA Regular $52,000 2,072 Avg BLUE 8G 6 Yes
10/30/12 ORLANDO Lease $56,200 9,199 Above SPACE GR 8G A Yes
10/31/12 RIVRSIDE Factory $50,500 9,417 Avg SILVERST 8G P Yes
10/31/12 RIVRSIDE Factory $49,500 9,638 Avg SPACE GR 8G P Yes
11/06/12 ATLANTA Factory $49,800 9,262 Avg SPACE GR 8G P Yes
11/19/12 NJ Factory $48,000 16,733 Below ALPINE W 8G A Yes
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      11-26-2012, 09:05 AM   #21
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Quote:
Originally Posted by rjd598 View Post
very rare case that someone will snatch a 12 for 53-55k. that's assuming everything is clean, not stripped out, or high mileage
Why would you want to pay that for a 2012 if the '13 is about low $60k to low $70s depends on how you have it loaded.
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      11-26-2012, 10:45 AM   #22
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Originally Posted by s2kroma View Post
Why would you want to pay that for a 2012 if the '13 is about low $60k to low $70s depends on how you have it loaded.
I wouldn't. But if someone could find a 12 for $53-55k I'm sure there are people who would snatch but like I said before its probably near impossible to find unless those conditions apply
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