What should I be paying - 535d AM Sport

[hobo]

Right, I've seen a 535d AM Sport Saloon I'm interested in. Spec is as follows:

carbon black with black dakota leather
55 plate
20,500 miles
auto-dimming & folding exterior mirrors
electric front seats & driver memory
electric glass sunroof
floor mats (woo-hoo)
front seat heating
head-up display
hifi loudspeaker system
high gloss shadow line
M spoke 19" wheels
media package
through loading system including ski bag
visibility package

Spec is good apart from the fact that it has 'Dark Poplar Wood - High Gloss', and I want 'Maple Wood - High Gloss'.

Sales guy has told me that the wood can be changed but I'll be looking at around £600 for doing it.

Its up for £36k

So, my question is, what should I be paying for it ? What kind of discounts are available on used BMW's (never had one before) ?

[baz1985]

£32k tops. There is a facelift in March. Still depreciate at £6k a yr for the next 2yrs imo.

[hobo]

32k ? You reckon ?

Was thinking of around 34k myself.

[Beemer-5]

hobo said:

32k ? You reckon ?

Was thinking of around 34k myself.

£34k still represents a great, great buy.

[hobo]

Looked again this weekend & seen another couple of cars with similar spec.

First one was black, 06 plate, 26k miles, up for £34995
Second was silver, 55 plate, 7k miles, up for £36500

Was more interested in what kind of percentage discount people had managed to get on a used BMW.

[playerone]

It completely depends on what they paid for it. The margins are being squeezed tighter and tighter these days and its very easy to compare prices on the web.

I would aim for a minimum of £1000 so start higher than that and see where you get.

Bear in mind you can get near on 15% off a new car at the moment so if it is on finance I would get a quote to compare. The residuals are pretty good on the 5 diesels.

[hobo]

I wouldn't call a 28% drop in price after 12 months very good. And thats the dealer price. The poor guy that sold it can't have got more than 30k so its nearer a 37% drop.

Think I'll stick to buying a year old one & let others take the big hit for me.

[deutscher]

baz1985 said:

£32k tops. There is a facelift in March. Still depreciate at £6k a yr for the next 2yrs imo.

The only ones I've seen at this price have had no sat nav.

[bennno]

playerone said:

It completely depends on what they paid for it. The margins are being squeezed tighter and tighter these days and its very easy to compare prices on the web.

I would aim for a minimum of £1000 so start higher than that and see where you get.

Bear in mind you can get near on 15% off a new car at the moment so if it is on finance I would get a quote to compare. The residuals are pretty good on the 5 diesels.

you can get 11-12% off but not 15%, unless you are talking run out X5

bennno

[StuB]

Make them a low opening offer and work up from there! I think timing (Christmas bonuses in dealers) might work to your advantage. It also looks like there's a massive choice of 535d's available from £32k to £35k.

Have you (both) test driven one yet?

[G Man]

You can get a brand new one for £34.5K from drivethedeal.com supplied by a UK BMW dealer so a year old one must be worth no more than £30K

[bennno]

yes, but that would exclude leather and prof nav, so its more like 37k new

bennno

[kman]

Just put mine up on Pistonheads if you'd like to have a look (has poplar instead of maple) but a very very high spec and great condition car (still like new):

www.pistonheads.com/sales/98778.htm

[hobo]

Just handed the car back to the dealer after an extended test drive.

Great car I have to say

Will hopefully have one in a couple of weeks [fingerscrossed]