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02-06-2013, 01:43 AM | #1 |
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Thoughts on 2010 CPO e90?
2010 CPO E90 Jet black
13,500 miles DCT Premium pkg Tech pkg 19's Heated seats Rear PDC Hi-fi sound USB adapter Smartphone integration $49k Any thoughts / advice on this deal? Thank you! |
02-06-2013, 08:10 AM | #2 |
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Great deal Jump on it.
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02-06-2013, 08:23 AM | #4 |
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Drives: 2011 E90 BMW M3 Silverstone
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i would ask for a lower price; a few K less
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02-06-2013, 09:39 AM | #6 |
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Really? Why you trying to push down the market on the car you own.
Real talk tho that's the cheapest 2011 I can find on auto-trader within 300 miles and has real low miles. Plus it's a CPO.. none of these others are. I think the price is pretty damn good. EDIT: Oops just noticed it's a 2010. Still a pretty fair price IMO. |
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02-06-2013, 12:48 PM | #8 |
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Soniczoom is right, but I'll provide more rationle.
Overall, it's a decent deal for a California car. I would try to knock about $500 off this price for a cash transaction, and if you're financing though them and/or doing a trade, definitely try to knock off a bit more as they're making money off your loan and trade. If this car was not in CA, I would say about $1k too high for a cash deal. CPO and low mileage is where all the value is on this car, but the CPO is quantifiable. CPO is worth about $3k, brings this car down to $46k with no CPO. (note, adjust this figure by the actual cost of a comparable extended warranty, I'm just doing a estimate based on my memory of warranty price ) Remember, you could have taken the exact same car with no CPO and just buy BMW extended warranty which has substanitally similar terms as the CPO. At the end of the day you should pay at most $45.5k for this car with no CPO/extended warranty, and the dealer would still make AT LEAST about $500 profit off of this price. Good find, you're almost there, it's time for you to do some homework and math do save about $1000, unless you're very lazy and are willing to give $500-$1000 away. Everyone's different, but we all work hard for our money. If it was me, I would try to knock at least $500 off this, but if I had to take this price with no counteroffer, b/c someone else will jump on it while you wait, as a cash deal, I could sleep well at night too b/c of the CPO and low mileage. As it stands right now, I estimate the dealer will make about $1500 profit off you just for a cash deal. (and get ready to bend over if you are doing a trade for a car they don't want). Last edited by mdosu; 02-06-2013 at 01:09 PM.. |
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02-06-2013, 04:35 PM | #9 |
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For point of reference, I recently bought a 2011 e90, with similar spec and 9k miles for $51.5k
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02-07-2013, 07:52 AM | #11 |
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You know what's ODD about this 2010 E90 car according to Manhemi prices. Well all 2010 E90 cars to be exact. They are going at the action for the same price as 08 cars... in fact 09 cars seem to be selling higher than the 2010s. Unless I'm pulling bad data this morning could anyone explain this?
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02-07-2013, 09:40 AM | #12 | |
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I have noticed the same thing too (on quotes and through these threads) |
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02-07-2013, 09:46 AM | #13 | |
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02-07-2013, 09:50 AM | #14 | |
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I'm sticking with my baby. I have all options, no mechanical issues, low mileage (26k), all major maintenance just perfomed before free maintenance ran out, I don't think the grass is that much greener on the other side for me, unless I REALLY want DCT or ZCP or another color, which isn't the case. |
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02-07-2013, 11:12 AM | #15 | |
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Going forward you'll pay a flat tax rate when you purchase the vehicle, new or used, and then never have to pay a yearly tax on it again. This tax is 6.5% in 2013-2014 and 7% in 2015+. You pay this at the time of vehicle purchase and its based off 'fair market value' of the vehicle. This probably doesn't belong in this thread but I just thought I would let any GA potential buyers know if you want to buy a car private party now is the time to do it. |
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02-07-2013, 11:51 AM | #16 | |
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02-07-2013, 02:05 PM | #17 | |
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02-07-2013, 06:26 PM | #18 | |
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-John
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02-07-2013, 06:56 PM | #19 | |
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So $5k is msrp for a buyer, I don't know what their cost of slapping the tag on is for it, anyone know how it works on the origination side? |
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