2014 BMW 328i w/SULEV (CPO), 9K Miles -Good deal or not ?

shrey_mehta

Hi,

I was looking for CPO BMW 328i. Here are the details -

Model - 2014 BMW 328i w/SULEV
Year - 2014
Mileage - 9K miles
Color - Black Sapphire Metallic
Package /Options - iPod/MP3 Input, Rear Air, Onboard Communications System, Dual Zone A/C, Keyless Start, BURL WALNUT WOOD TRIM, M SPORT, harman/kardon SURROUND SOUND SYSTEM. AND MORE!

Price - 28,900

Is this a good price to go with, how much I can negotiate to get the best market price.

stever

Some of the other posters here will be better able to answer the value question - we do have a What's Your Car Worth tool that you can drill down with (BMW options are hard for me to figure).

Anyway, once you plug in your zip, options, color, miles, etc. you'll hit a page with trade-in, private party and retail prices. Then below that group of numbers you'll find a CPO price. That should be the average price paid in your area for a similar BMX.

stever

There should have been a CPO number beneath those numbers too. Like so:



And yeah, there's a pretty big spread between trade-in and retail, so hopefully the dealer will cooperate a bit.

Good luck!

stever

Okay, so the dealer is about $900 above what we peg the price at.

There's lots of intangibles with used cars and dealers come up with all sorts of justifications for their pricing.

From our 100+ Tips for Used Car Shoppers:

39. Because dealers (and some private-party sellers) look at many different pricing guides, including Edmunds TMV, Kelley and NADA guides, your research won't match the sellers' prices to the dollar. Instead, use the guides as an approximation.

41. If you've decided to buy a lightly used car (one that's less than two years old), compare its price to that of a brand-new version. Because of rebates or end-of-season deals on new cars, the new car may be priced closely to the lightly used car you've picked out. Do your research on both.

shrey_mehta

stever said:

Some of the other posters here will be better able to answer the value question - we do have a What's Your Car Worth tool that you can drill down with (BMW options are hard for me to figure).

Anyway, once you plug in your zip, options, color, miles, etc. you'll hit a page with trade-in, private party and retail prices. Then below that group of numbers you'll find a CPO price. That should be the average price paid in your area for a similar BMX.

Hey Thanks @stever , i drilled down to the options i am getting.
Here is what i got -
Trade In- $22,981
Private Party - $25,221
Dealer - $27,091

That means i can negotiate it to atleast trade-in & private party prices.

shrey_mehta

stever said:

There should have been a CPO number beneath those numbers too. Like so:



And yeah, there's a pretty big spread between trade-in and retail, so hopefully the dealer will cooperate a bit.

Good luck!

Yeah that no is