Discussion
I am looking to buy an Approved Used Car (E46 M3) from my local BMW main dealer soon. It is a 2005 coupe and priced at £32000. Is it usual for dealers to offer an initial £500 reduction in their asking price when pestered; will they reduce futher than this if you keep haggling?
I would appreciate as much information as possible from people who have bought from main dealers recently, on what the car was advertised at and the final price you paid.
I would appreciate as much information as possible from people who have bought from main dealers recently, on what the car was advertised at and the final price you paid.
I think the exact amount off is not so important, the most important things to consider are:
1- Is the car close to, or exactly what you want?
2- Can you find exactly the same car easily?
3- How competitive is the screen price to start with?
In other words, if the car you want very hard to find, its already well priced, and you wont find another for ages, then take the deal on offer. On the other hand if you can find what you want easily, the car you are looking at is overpriced, and there are others available, haggle hard and keep going to the next dealer until you get a deal you are happy with.
1- Is the car close to, or exactly what you want?
2- Can you find exactly the same car easily?
3- How competitive is the screen price to start with?
In other words, if the car you want very hard to find, its already well priced, and you wont find another for ages, then take the deal on offer. On the other hand if you can find what you want easily, the car you are looking at is overpriced, and there are others available, haggle hard and keep going to the next dealer until you get a deal you are happy with.
kentmotorcompany said:
I think the exact amount off is not so important, the most important things to consider are:
1- Is the car close to, or exactly what you want?
2- Can you find exactly the same car easily?
3- How competitive is the screen price to start with?
In other words, if the car you want very hard to find, its already well priced, and you wont find another for ages, then take the deal on offer. On the other hand if you can find what you want easily, the car you are looking at is overpriced, and there are others available, haggle hard and keep going to the next dealer until you get a deal you are happy with.
1- Is the car close to, or exactly what you want?
2- Can you find exactly the same car easily?
3- How competitive is the screen price to start with?
In other words, if the car you want very hard to find, its already well priced, and you wont find another for ages, then take the deal on offer. On the other hand if you can find what you want easily, the car you are looking at is overpriced, and there are others available, haggle hard and keep going to the next dealer until you get a deal you are happy with.
Nah, just haggle hard whatever the case. What's he got to lose? The dealers hardly going to takes his toys away and stop playing is he?
english68 said:
The more you encourage prospective buyers to drive M3 prices down, the less your own car is worth....
Why not tell everyone to bid higher than the asking price instead!?
Just a thought.
Why not tell everyone to bid higher than the asking price instead!?
Just a thought.
Yeah, whatever.
Just as long as supply exceeds demand, price is negotiable in the buyers favour. M3's aren't what they were in the late 80's. They are a run out model or pretty much the most common model of medium size car on the road. They are expensive to maintain, even BMW think so, see the new warranty conditions, expensive to fuel and expensive to insure. They are also starting to be the mota of choice for the E36 dropping drug dealers.
In fact I bet you'd have more of a problem getting hold of a nice used Modeo ST220 then you would an M3.
Just a few thoughts.
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