Potential for movement on used F10 M5 price from dealer?

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I've seen an f10 with a dealer that I really like the look of.

It's up at just under 40k, but comparing this to others on age/miles/spec it's about 2-3k over average already.

What sort of margin would you expect them to have to play with? I was always taught if you aren't embarrassed by you opening bid then it isn't low enough! So I'm thinking of going in 20% under list?

Any thoughts or experiences?

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MW-M5 said:

Haha haha haha.

I dont mean that horribly but this is what you will hear if you ask for £8k off. They will think you are a time waster and possibly won't even entertain any further negotiation.

Max I would try for is 5%, even then they will probably think this is a bit cheeky.

Edited by MW-M5 on Monday 1st February 22:16

Lol @ only 5%, they must love you

Not expecting a full 20, that's where I'll start. It's worked for me before, so I'll stick with it. It's 2-3k over other auc cars already. There then needs to be some movement on the price. That's what I'm trying to get a feel for.

Any more constructive comments or experiences?

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Shaoxter said:

5678 said:

It's 2-3k over other auc cars already.

Which begs the question - if the cheaper AUC cars are the same spec/mileage/colour etc, why don't you go for those?

I'm inquiring about some others too. Just colour combination caught my eye on this one.

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forest172 said:

if this helps my 63 reg MCB with sakhir interior, 16k on clock and only options 20" wheels was offered to me for £41,500 back in september so it was 2 years old.

It appeared 2 months later at a specialist and was pitched at £45k. It was on the pitch for 8 weeks in total

That's useful, thanks. This is a 13 on 22k. So I feel that backs up my thoughts on it being a touch over priced as it stands.

W8PMC said:

No harm in asking but i can't imagine any dealer would have that kind of margin in the car as that would suggest they bought it for £32k which is way below the market value of these cars. As someone else said i reckon at best you'd get 5% (£2k) off.

I assume this is a car for sale in the BMW dealer network? Other options are free servicing etc. or extend the warranty.

Yes, it's an AUC. Extra warranty is a good shout and one to use when haggling.

I tried to find out the warranty cost but it wasn't easy online, am I correct in thinking it's around £1300 a year?

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forest172 said:

So it ain't a LCI neither on a 13 plate. Tell the dealer that bothers you. Use that as a bargaining tool

Nice. This thread is rapidly becoming more useful!!

What were the lci revisions?

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Looking into the Lci updates, the main one that stands out for me is the steering wheel, much nicer on the lci cars.