Approved used BMW and haggling...
Approved used BMW and haggling...
Author
Discussion

gcpeters

Original Poster:

1,008 posts

263 months

Thursday 12th January 2012
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Hello all

looking for a quick bit of information with regards to haggling the price with BMW dealers on there approved used cars, do they even have any leeway on the price or is it "you pay the price on the ticket"? Looking to hear from others experiences!

many thanks!

GP

sinizter

3,348 posts

217 months

Thursday 12th January 2012
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They have some leeway. From personal experience, twice - and quickly coming up to number 3.

JBM78

383 posts

211 months

Thursday 12th January 2012
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Agreed - there's definitely leeway

James P

3,038 posts

268 months

Thursday 12th January 2012
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Agreed, I have just bought AUC and there was some leeway in price and finance rate.

Mattt

16,664 posts

249 months

Thursday 12th January 2012
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I've bought 2 AUC, both times they took over £1k off the sticker price straight away, then it was down to haggling over extras/work to be done etc.

breadvan

2,122 posts

199 months

Thursday 12th January 2012
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Appologies for the horrific generalisation (and a million variables), however, if you work on £500 haggling per £10,000 screen price, you'll have a pretty good starting point.

Urban Sports

11,321 posts

234 months

Thursday 12th January 2012
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The last 2 that I bought I haggled on, I got £750 off a 2 year old e90 and got a cheque back for a years tax on my Z4, they also gave me book for my e90 in px, they had pretty much already sold it though before it came in to them wink

Fox-

13,575 posts

277 months

Thursday 12th January 2012
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Got over 2k off mine, which was about 10%.

pattyg

1,385 posts

258 months

Thursday 12th January 2012
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Best I managed on my 1 series was 6 months road tax. Nothing on my 3 series but 2 year servicing was part of the deal.

Both were the cheapest on the AUC site at the time though.

paulmc

246 posts

237 months

Friday 13th January 2012
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1k is easy. You are looking for a straight 2k or, 1.5k with plate transfer or new tyres and 1 years tax etc etc. I have found the best and easiest way is, contact initially verbally either in person or over the phone. write eveything down. Leave then contact via email.

They will either melt you and you fold or like me a get too agressive and wont deal. Email works well for both parties. Only deal on the 3rd or 4th emailcool

Dont jump in when they dont contact you for 2 or 3 days they will;) It's a st game and they always win you just need to minimise how well they willlaugh

They are the enemy and dont forget it

gangzoom

8,984 posts

246 months

Friday 13th January 2012
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I got about 5% off a £21K car, 12months roads tax, number plate transfer (even made up up the new plates for me!!), and above book value for my px. I'm sure they made ££££ off me!!..at least the coffe was freesmile

Rabbo

527 posts

232 months

Friday 13th January 2012
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My 130i was advertised for £11,995 (last May). I eventually got it for £10,995 with a year's VED, the iPod retrofit and the Alpine audio retrofit - so effectively another £1,000+ worth of stuff. As per AUC conditions, the front and rear bumpers were painted, the wheels refurbished and all servicing taken care of. I also haggled the respraying of the bonnet, and new discs and pads all round. The tyres, albeit run-flats, had 5mm+ of tread on them.

If you can't get any more cash off, push for things like VED and retrofit kits which can be supplied at cost to them. Cosmetic stuff will be sorted pretty well with AUC cars so you don't usually have to push for this.

ChasW

2,163 posts

233 months

Friday 13th January 2012
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I think there are a couple of important factors. How long the car has been sitting around for example. What concessions are you prepared to make. A couple of years ago I negotiated a £19650 130i down to £18100. I had been tracking a number of cars for about 3 weeks and decided on this one which was an AUC about 200 miles away from where I live. Negotiation was cordial and ended after a few phone calls over two days with them asking "what price to seal the deal?". The final concession on my part was that I would collect the car for which they knocked £150 off and that they put a full tank of fuel in. All subject to final inspection which I combined with a business trip. Everything went smoothly and would have full confidence dealing with BMW on this basis again, ie buying unseen if it's the right car. I probably could have pushed them a little further but I believe in keeping some goodwill with the dealer just in case. Everyone's got to make a living.

One BMW dealer, about 100 miles away, offered to bring a car to me to test drive!

I kept the 130i for 6 months and sold it privately at a £300 profit. But then it was 2008/09 around credit crunch time when the market was crazy.

Mr-B

5,136 posts

225 months

Friday 13th January 2012
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Try and time it so you negotiations will be finalised towards end of month/quarter when targets have to be met. One thing I did many years ago was to wander all round the show room until I found the sales room where all the sales staff hung around and looked at their sales chart to find the name of the salesman with the lowest figures then ask for him by name "as he'd been recommended to me", I knew he would be more desperate to close a sale.thumbup Don't know if they have sales charts visible from the showroom floor anyomre though.scratchchin That ruse worked for me and I got a discount on a brand new M3 at a time when BMW 'didn't give discounts' especially on cars with 6 month waiting lists, as they had at the time.

RiccardoG

1,764 posts

303 months

Friday 13th January 2012
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Mr-B said:
Try and time it so you negotiations will be finalised towards end of month/quarter when targets have to be met. One thing I did many years ago was to wander all round the show room until I found the sales room where all the sales staff hung around and looked at their sales chart to find the name of the salesman with the lowest figures then ask for him by name "as he'd been recommended to me", I knew he would be more desperate to close a sale.thumbup Don't know if they have sales charts visible from the showroom floor anyomre though.scratchchin That ruse worked for me and I got a discount on a brand new M3 at a time when BMW 'didn't give discounts' especially on cars with 6 month waiting lists, as they had at the time.
What a great tactic!


I was in a BMW showroom today and the car I test drove had an HPI report dated 1st June 2011! I think they are keen on making a deal on that one and get a feeling that they would probably jump at 10% off (£2k), shame I didn't like the car tough and it wasn't in great condition.

I don't really know BMW AUC cars and how they're prepped, but I got the impression that they are much worse than Porsche prepping standards. Seems more like all they get is a wash and wax from an aesthetic point of view.

Anyone know if any BMW dealers are better than others in their prep?

Urban Sports

11,321 posts

234 months

Friday 13th January 2012
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RiccardoG said:
What a great tactic!


I was in a BMW showroom today and the car I test drove had an HPI report dated 1st June 2011! I think they are keen on making a deal on that one and get a feeling that they would probably jump at 10% off (£2k), shame I didn't like the car tough and it wasn't in great condition.

I don't really know BMW AUC cars and how they're prepped, but I got the impression that they are much worse than Porsche prepping standards. Seems more like all they get is a wash and wax from an aesthetic point of view.

Anyone know if any BMW dealers are better than others in their prep?
My experience has been that they are prepped after they are sold, the ones I have bought have been anyway. I get the feeling that they make you think you're getting a good deal when they say they'll sort some of the issues.

When I bought my e90 M Sport the car was mint apart from a very worn leather bolster. When I pointed it out he said he'd get it sorted, not that I took it as a favour wink they did do a very very good job though and I genuinely couldn't fault the car when I picked it up.

smile

Sticks.

9,724 posts

282 months

Friday 13th January 2012
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ChasW said:
How long the car has been sitting around for example.
6 weeks then back into the trade afaik is the norm. Recently bought a car at £10.1k which started at £12.5k.

Mr-B said:
Try and time it so you negotiations will be finalised towards end of month/quarter when targets have to be met.
That'll help too.

RiccardoG said:
I don't really know BMW AUC cars and how they're prepped, but I got the impression that they are much worse than Porsche prepping standards. Seems more like all they get is a wash and wax from an aesthetic point of view.
Don't know about Porsche, but of the 4 AUCs I've bought, 3 were perfect, which is what you are paying for. The oldeast was 6YO btw. I got the impression last time that the salesman took peronal interest in the prep. Maybe that's just him, maybe just that dealer, I don't know.

Fox-

13,575 posts

277 months

Friday 13th January 2012
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Some dealers keep stock for ever. Wood BMW had a terrible spec 08 335i for 27k back in April. It was still on the auc site in November but down to 15k with a free leather interior and a free portable sat nav.

Bet they regret taking the mick price wise with that one...

DavidHM

3,940 posts

231 months

Friday 13th January 2012
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Fox- said:
Some dealers keep stock for ever. Wood BMW had a terrible spec 08 335i for 27k back in April. It was still on the auc site in November but down to 15k with a free leather interior and a free portable sat nav.

Bet they regret taking the mick price wise with that one...
What spec is so terrible that it merits £12k off plus another grand's worth of freebies?

Can it match purple cloth in a 325i coupe?


Original Poster

5,429 posts

207 months

Friday 13th January 2012
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I got £2000 off a £27,000 car last Friday and also 5 free tyres, free servicing for 60k/5 years and a full tank of petrol but that's on a new car, very happy overall.