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      11-12-2019, 12:35 PM   #1
anthemavm
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What would you offer on this 440i

The original MSRP was $64,000+.



Little more bling than my wife wants, but loves the color.

https://www.bmwofmurrieta.com/invent...4j5c0xlbu79329

Dealer says I am lucky to get $4k off, I know I am stretching at 25% off. Interested in your thoughts.

Thanks
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      11-12-2019, 02:47 PM   #2
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Dealer is full of it. You should get 4K off if new. You aren’t going to get 15k off either. Someone may pay that. It shouldn’t be you. I don’t know the So Cal. Market. I would check something like truecar.com. This is not a good price. Paying more for a car because you like the color is not wise.
There is conflicting info there. If it’s pre-owned,there is no way. Has it been titled?

Last edited by Elvisfan; 11-12-2019 at 02:52 PM..
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      11-12-2019, 02:50 PM   #3
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I see no color... it is black!?
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      11-12-2019, 02:54 PM   #4
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I would want at least 15% off a loaner. Usually get 10-12% on new, so 15 would be my baseline.
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      11-12-2019, 03:03 PM   #5
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At $60k ...that's almost brand new with BMW incentive right now at $4500 on brand new BMW and dealer could offer at least $1500 to get your business, a total of $6000 of on a brand new 4 series.

This is used and you only get $4k.... that bs offer.

Quote:
Originally Posted by bimmerbenz65 View Post
I would want at least 15% off a loaner. Usually get 10-12% on new, so 15 would be my baseline.
This make sense so it would make that car price at $52k - 55k

You could get a better price CPO car like 2018 model... extended warranty too
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      11-12-2019, 03:13 PM   #6
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Quote:
Originally Posted by Elvisfan View Post
Dealer is full of it. You should get 4K off if new. You aren’t going to get 15k off either. Someone may pay that. It shouldn’t be you. I don’t know the So Cal. Market. I would check something like truecar.com. This is not a good price. Paying more for a car because you like the color is not wise.
There is conflicting info there. If it’s pre-owned,there is no way. Has it been titled?
It has been titled.



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      11-12-2019, 03:14 PM   #7
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IMO car should be around 48-52k. Most dealers discount 4 series (relatively) heavily considering they are nearing the end of the life cycle, especially the GC (which they usually have higher inventories of for a number of reasons). M-Sport models are a bit harder to haggle on but there still should be significant room. Considering its a courtesy vehicle, price should be drastically lower. Most dealers are taking 7+% off new cars.

Dealers full of BS if he is telling you 4k is lucky, its barely an introductory offer.
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      11-12-2019, 03:19 PM   #8
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Generally not interested in loaners/rentals. Typically they have harder wear and more required reconditioning than their privately owned counterpart.
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      11-12-2019, 04:36 PM   #9
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Quote:
Originally Posted by anthemavm View Post
The original MSRP was $64,000+.



Little more bling than my wife wants, but loves the color.

Dealer says I am lucky to get $4k off, I know I am stretching at 25% off. Interested in your thoughts.

Thanks
Tell Dealer he's lucky to have a buyer for his used car, as used cars are more than plentiful than room on lots and sales on 4 series are declining almost 40% Year to Date and down almost 70% in October compared to last year.
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      11-13-2019, 08:13 AM   #10
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Offered 48k, said we were planets away, and they have several people interested. I told him thanks, and feel free to contact me next week if he wanted to sell it.
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      11-13-2019, 09:38 AM   #11
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Quote:
Originally Posted by anthemavm View Post
Offered 48k, said we were planets away, and they have several people interested. I told him thanks, and feel free to contact me next week if he wanted to sell it.
Well done. I agree with everyone else - this dealer surely is living in a different galaxy expecting that price; no wonder they thought you were planets away.
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      11-13-2019, 09:50 AM   #12
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Someone probably will pay more, let them.



Quote:
Originally Posted by AlpineX View Post
Generally not interested in loaners/rentals. Typically they have harder wear and more required reconditioning than their privately owned counterpart.
It has 3k mikes
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Quote:
Originally Posted by GrussGott View Post
Sounds pizzagatey.
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      11-13-2019, 10:16 AM   #13
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Quote:
Originally Posted by floridaorange View Post
Someone probably will pay more, let them.



Quote:
Originally Posted by AlpineX View Post
Generally not interested in loaners/rentals. Typically they have harder wear and more required reconditioning than their privately owned counterpart.
It has 3k mikes
Loaners are usually pulled at 4.5k miles.
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      11-13-2019, 10:20 AM   #14
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Might as well just buy a new car at that price. Do you really want to buy a fast-ish BMW that's been driven by a bunch of people who don't own it?

I don't know the market, but as a wild guess I'd pay $50k for that car.
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      11-13-2019, 01:17 PM   #15
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Quote:
Originally Posted by floridaorange View Post
It has 3k mikes
So? The first 3k miles were likely driven by 10-20 people without concern for long term performance. Also dings, scratches, curb rash, interior wear, all budget fixed and ready for the next loaner session. I wouldnt touch a prior rental with a 10 foot pole, theres no reason to commit to that. If your plan is to drive it for 2 years and hawk it under warranty at 35k to the next owner, I guess it matters less, except some buyers will not be interested becasuse of the history. There should be a considerable concession for the fact that it is used and as a loaner. plus 4series gran coupe are not a hot seller. My dad just stole a fully loaded 16 535xGT with 33k for $56k under orig MSRP, though compared to everything else on the market it appeared to be priced high.
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      11-13-2019, 01:41 PM   #16
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I bought my 340i when it has 9K miles and it was 1 year old. MSRP was $56K and I got it for $36K. So you do the math.

Last edited by msk340i; 11-13-2019 at 02:02 PM..
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      11-13-2019, 04:16 PM   #17
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Quote:
Originally Posted by AlpineX View Post
So? The first 3k miles were likely driven by 10-20 people without concern for long term performance. Also dings, scratches, curb rash, interior wear, all budget fixed and ready for the next loaner session. I wouldnt touch a prior rental with a 10 foot pole, theres no reason to commit to that. If your plan is to drive it for 2 years and hawk it under warranty at 35k to the next owner, I guess it matters less, except some buyers will not be interested becasuse of the history. There should be a considerable concession for the fact that it is used and as a loaner. plus 4series gran coupe are not a hot seller. My dad just stole a fully loaded 16 535xGT with 33k for $56k under orig MSRP, though compared to everything else on the market it appeared to be priced high.
All valid. I guess I didn't think that all the way through.
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Quote:
Originally Posted by GrussGott View Post
Sounds pizzagatey.
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      11-13-2019, 04:31 PM   #18
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Quote:
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All valid. I guess I didn't think that all the way through.
I think a lot of people put too much confidence in the dealer. I have known faults, including ista screenshots to my SA. They refuse to test for the faults because the technician does not share my opinion of my drivability issues (I admit the drivability issue is quite subtle). It is however absolutely present, so anything the dealer tells you, think twice about.

Another major difference right now is the difference in ownership benefits between a first owner and second owner.
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      11-13-2019, 04:44 PM   #19
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FWIW, I am taking delivery on Friday of a custom-ordered 2020 F32 440. Sales price was 15% below MSRP, so for a loaner, take another 5% off (maybe 2% if they CPO it). SoCal market might be different but tell him that new cars spec'd out exactly like you want them are going for $5-6k less than he is asking for a used one.
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      11-13-2019, 05:15 PM   #20
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4K off of a 64K loaner... LOL! The dealer actually thinks they are going to get OVER invoice on a loaner car.

Good luck to that sales guy and super sorry to anyone who pays within 15% of MSRP on an outgoing model loaner. You did the right thing, OP.
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      11-13-2019, 05:17 PM   #21
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Quote:
Originally Posted by IK6SPEED View Post
Loaners are usually pulled at 4.5k miles.
Quote:
Originally Posted by floridaorange View Post
It has 3k mikes
And this one was pulled at 3K miles because production is about to end, so there is no point in keeping it as a loaner.
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      11-13-2019, 05:22 PM   #22
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i got my '19 440xi coupe for 54k, msrp was 64k just saying...
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