BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > M3 (E90 / E92 / E93) > New and Preowned M3 Pricing, Ordering, Tracking / European Delivery / Dealer Reviews
 
INDustry distribution
Post Reply
 
Thread Tools Search this Thread
      03-15-2010, 10:38 PM   #1
Meff
smiling amid the chaos...
Meff's Avatar
11
Rep
409
Posts

 
Drives: Erratically
Join Date: Mar 2010
Location: Cascadia

iTrader: (0)

Is it Considered New or Used when Pricing a Demo?

Hey guys - new member here, and have just begun shopping for my E92 M3. I'm just trying to get a handle on my local market and debating on new vs used vs demo etc.

I found a Jet Black '10 optioned pretty close to what I want at a local BMW dealer with 2000 kms / 1250 miles (GM's demo car) I'll be getting a price from the dealer tomorrow and was wondering what percentage discount should I expect for a car with this much use, but is still considered new as it's not been titled yet? In my mind, this is a used car due to the mileage.

My last car was a demo as well and got a great deal this way. Saved $$ and also benefited from a late in service date which extended the warranty period nicely.

What do you think is a fair discount for this no longer shiny new M3 ?

Thanks for any insight anyone can offer.

Last edited by Meff; 03-15-2010 at 11:37 PM.
Appreciate 0
      03-16-2010, 02:52 PM   #2
BROCHOP
Captain
BROCHOP's Avatar
United_States
6
Rep
640
Posts

 
Drives: YMB M4
Join Date: Jun 2009
Location: South Florida

iTrader: (0)

my car was a "demo".. when i bought that they tried to sell the car off as a "new" car... i of course right away objected and told them," no matter what you say, that car has been driven, by a number of people( mine had 1480 miles on the clock)... we ended up getting 5500 knocked off the sticker.
__________________
Current: '15 Yas Marina Blue F82 M4 Coupe/Loaded with no CCB
Gone: '11 E92 335is DCT Blk Sph /Oyster/Every Option
Gone: '05 E46 330iZHP Jet Blk/Natural Brown Too many Mods to list.
Appreciate 0
      03-16-2010, 02:56 PM   #3
EAS
BimmerPost Supporting Vendor
EAS's Avatar
217
Rep
5,695
Posts


 
Drives: VF620 M3
Join Date: Mar 2010
Location: Anaheim, CA

iTrader: (10)

I wouldn't want to be paying for a "brand new" car that has been driven by numerous people, so it shouldn't be priced the same.
__________________
european auto source (eas)
email: info@europeanautosource.com web: www.europeanautosource.com
tel 866.669.0705 | ca: 714.369.8524 | fax: 714.908.1796


Blog | Facebook | YouTube | Flickr | Twitter
Appreciate 0
      03-16-2010, 04:22 PM   #4
MMMorish
Just call me J.J. McClure
MMMorish's Avatar
Canada
58
Rep
2,836
Posts

 
Drives: E92 M3 & C4 Corvette
Join Date: Sep 2008
Location: Toronto

iTrader: (5)

I bought my car with 800 miles on the clock and it was sold as a used car. Do not pay new prices for
a car with anything more than a couple of hundred miles on it.
__________________
MODS: Meisterschaft GT Racing Exhaust / BMC Air Filter / UUC SSK & DSSR (Modded)/ RPI Scoops / Passport SRX Hardwired / Custom Wrap 3M Clearbra / 20% Tint / 50% Windshield Tint / Key Hole Delete / Matted Out Accessories / VRS Type II Diffuser / Smoked Reflectors / Euphoria 6K LED Interior Lights / Rear Fog Light Mod / 6000K HID's / 6500K LUX H8 Angel Eyes / RDash License Plate LED Kit / LED Xenon Reverse Lights
"M3 drivers have no friends"
Appreciate 0
      03-16-2010, 04:58 PM   #5
Meff
smiling amid the chaos...
Meff's Avatar
11
Rep
409
Posts

 
Drives: Erratically
Join Date: Mar 2010
Location: Cascadia

iTrader: (0)

Fully expecting a discount for the car, just a matter of how much. Would certainly not pay new car $$ with miles on it.

The best I can determine, the car's original MSRP is 9% over dealer invoice so I'm doing the math on an offer at or around dealer invoice, minus whatever reduction I can get due to the demo miles.

I'm thinking another 5-6% discount would be a good. That would be about 15% off MSRP

Also thinking of making any offer contingent on an ECU check to be sure the break in period was followed ? Has anyone asked for this from a dealer? Maybe another dealer should due the checking?

I'm just not the most trusting guy when it comes to dealer saying whether or not the boss drove the piss out of his demo car or not.

Thx
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 09:18 PM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST