Is this a good deal?

ccmguy8 · 01-14-2012, 02:51 PM

Hello fellow enthusiasts,

I've been seriously considering picking up this CPO 2007 Z4 coupe that was a trade in:

http://www.bmwnorthwest.com/VehicleD...-WA/1623500383

It has 36K, premium and sport packages, auto, new tires, extended maintenance until mid-2013 and clean carfax (2 previous owners). It's really clean and test drove well.

They are asking $27000 and they will not budge on the price. I do not know how much they paid on trade in but of course they told me that their profit margin is small, only about $800.

Is this a good deal? Thanks for your wisdom.

epbrown · 01-14-2012, 03:07 PM

That seems to be the average asking price with those miles, though it's more than I'd pay for a non-M when Ms are so close in price (for example, there's a black M Coupe near me with 36k miles, asking is $28k).

RevsPlease · 01-14-2012, 03:23 PM

$800?!? They are lying through their teeth hahah. They would never disclose what they actually paid for the car, but figure it's probably around 3 to 5 grand less than what they are offering it to you for.

RADRACR · 01-14-2012, 04:16 PM

Give them a few days and they'll budge.

gtMc · 01-14-2012, 04:56 PM

Quote:

Originally Posted by epbrown

it's more than I'd pay for a non-M when Ms are so close in price (for example, there's a black M Coupe near me with 36k miles, asking is $28k).

^agree.... unless you just dont want an M for whatever reasons. If you can be patient, maybe wait until last day of the month, and show them a 24~25 bid. Good looking car though!

ccmguy8 · 01-14-2012, 07:12 PM

Good advice all. I'll wait till the end of the month. I already have a AW E90 M3 so that itch has been scratched thoroughly. I just want a cool unique fun to drive car that I can use along with the M as a commuter. Thing is, I know and work with the sister of the owner of this establishment and she said she would get me a really good deal of this particular car. Looks like not even that connection can get me a good deal from the stealership.

chickdr · 01-15-2012, 10:10 AM

I think the price is WAY high for a non-M car. The car is 5yrs old and has 36K on the clock. Nothing special really. As others have said the dealer did not pay anywhere near $26,200 for this car. I wouldn't pay more than $24-25K out the door...

Finnegan · 01-15-2012, 11:29 AM

Yep, 24K. The price they're asking is a great deal--for them. Like you said, so much for the "connection".

Nice car to add to the stable too.

01-14-2012, 02:51 PM	#1
ccmguy8 New Member 2 Rep 20 Posts Drives: 2008 AW E90 M3 Join Date: Sep 2008 Location: Kirkland, WA iTrader: (0)	Is this a good deal? Hello fellow enthusiasts, I've been seriously considering picking up this CPO 2007 Z4 coupe that was a trade in: http://www.bmwnorthwest.com/VehicleD...-WA/1623500383 It has 36K, premium and sport packages, auto, new tires, extended maintenance until mid-2013 and clean carfax (2 previous owners). It's really clean and test drove well. They are asking $27000 and they will not budge on the price. I do not know how much they paid on trade in but of course they told me that their profit margin is small, only about $800. Is this a good deal? Thanks for your wisdom.
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01-14-2012, 03:07 PM	#2
epbrown Colonel 60 Rep 2,128 Posts Drives: BMW M Coupe, Porsche Boxster S Join Date: May 2007 Location: Chicago, IL iTrader: (0)	That seems to be the average asking price with those miles, though it's more than I'd pay for a non-M when Ms are so close in price (for example, there's a black M Coupe near me with 36k miles, asking is $28k).
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01-14-2012, 03:23 PM	#3
RevsPlease Private First Class 10 Rep 167 Posts Drives: 2003 Z4 3.0i, Black Saphire Join Date: May 2011 Location: Portland, Oregon iTrader: (0) Garage List 2003 BMW Z4 3.0i [10.00]	$800?!? They are lying through their teeth hahah. They would never disclose what they actually paid for the car, but figure it's probably around 3 to 5 grand less than what they are offering it to you for.
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01-14-2012, 04:16 PM	#4
RADRACR Captain 84 Rep 924 Posts Drives: '08 Z4 M Coupé // '09 X5 d Join Date: Apr 2010 Location: Sioux Falls, South Dakota iTrader: (2)	Give them a few days and they'll budge. __________________ '08 Z4 ///M Coupé (#1765/1815) — 1 of 68 Sepang Bronze / Black Nappa / Madeira Wood / 1 of 1 this combo 19" Advan RS / AP Racing / Bridgestone RE-11 / Autosolutions SSK / R.E. Diablo / R.E. trans mounts '09 X5 35d — Space Grey / Saddle Brown 20" Forgestar F14 / SCR Delete
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01-14-2012, 07:12 PM	#6
ccmguy8 New Member 2 Rep 20 Posts Drives: 2008 AW E90 M3 Join Date: Sep 2008 Location: Kirkland, WA iTrader: (0)	Good advice all. I'll wait till the end of the month. I already have a AW E90 M3 so that itch has been scratched thoroughly. I just want a cool unique fun to drive car that I can use along with the M as a commuter. Thing is, I know and work with the sister of the owner of this establishment and she said she would get me a really good deal of this particular car. Looks like not even that connection can get me a good deal from the stealership.
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01-15-2012, 10:10 AM	#7
chickdr Lieutenant Colonel 140 Rep 1,991 Posts Drives: 2006 M Roadster Join Date: May 2009 Location: Buford, GA iTrader: (0)	I think the price is WAY high for a non-M car. The car is 5yrs old and has 36K on the clock. Nothing special really. As others have said the dealer did not pay anywhere near $26,200 for this car. I wouldn't pay more than $24-25K out the door...
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01-15-2012, 11:29 AM	#8
Finnegan Dog Listener 703 Rep 7,850 Posts Drives: Z4M/. Z3M, E36/46 M3 Join Date: Oct 2008 Location: Teaching the dog to slalom iTrader: (22)	Yep, 24K. The price they're asking is a great deal--for them. Like you said, so much for the "connection". Nice car to add to the stable too.
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