Pre Purchase advice needed

Bimmer Barney · 05-21-2014, 04:40 PM

2011 E91 328i
29000 miles
Perfect condition, with warranty, with verifiable service history, one owner.

KBB excellent is 26,800. Asking price is 27,999. What's a fair offer? Any reason to believe I should pay over KBB excellent? This is the lowest priced offering on autotrader within 100 mile radius.

AtlantaDude · 05-21-2014, 04:44 PM

Some sellers high ball their asking just so they have some haggle room without taking much of an actual hit. I would low ball him, offer 26k, and go from there.. Or if you're feeling spunky, 25k... What's the worst he can say? No?

mike@x-ph.com · 05-22-2014, 10:30 PM

Go with 25k it is not an unreasonable low offer.
He might reply by saying 26k which the price you actually want that car for

E902009 · 05-23-2014, 01:12 AM

This all depends on how you're paying. E91s are unicorns...almost, and they command high prices because of the rarity, and the people who want them specifically. Simple supply and demand, really.

Is this a private seller? Are you buying with cash (or cashier's check)? If you are, I would say offer even lower...at $24k, which is not insulting, IMO. They should expect a bit of haggling before the sale is final. The idea is that you two meet somewhere in the middle.

If it's a dealership, and you're offering cash, it may not go as well. Dealerships make money on financing, but the right down payment/finance ratio will get you pretty far.

I think if you can close the deal at around $25.5-26k, you'll be in good shape. Without knowing the full list of options, it's hard to pinpoint the price.

05-21-2014, 04:40 PM	#1
Bimmer Barney Lieutenant Colonel 1250 Rep 1,502 Posts Drives: 2011.5 E90M ZCP Join Date: Jan 2011 Location: California iTrader: (4)	Pre Purchase advice needed 2011 E91 328i 29000 miles Perfect condition, with warranty, with verifiable service history, one owner. KBB excellent is 26,800. Asking price is 27,999. What's a fair offer? Any reason to believe I should pay over KBB excellent? This is the lowest priced offering on autotrader within 100 mile radius. __________________ 2011.5 E90 M3 DCT ZCP Slicktop
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05-21-2014, 04:44 PM	#2
AtlantaDude Just enjoying my time 128 Rep 855 Posts Drives: 2007 BMW E92 335i - Sold Join Date: Mar 2012 Location: Atlanta iTrader: (0)	Some sellers high ball their asking just so they have some haggle room without taking much of an actual hit. I would low ball him, offer 26k, and go from there.. Or if you're feeling spunky, 25k... What's the worst he can say? No? __________________ Current - 2022 Rivian R1T, 2021 Ducati Streetfighter V4S, 1969 Chevy C10 Sold - 2018 Tesla Model 3 Performance Sold - 2007 E92 335i If speed is death, then buy a Honda and live forever
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05-22-2014, 10:30 PM	#3
mike@x-ph.com BimmerPost Supporting Vendor 24199 Rep 190,807 Posts Drives: 07-335/12-328/18-M4/21-M4CP Join Date: Sep 2013 Location: Las Vegas iTrader: (23)	Go with 25k it is not an unreasonable low offer. He might reply by saying 26k which the price you actually want that car for __________________ Check out our current sale by clicking on this link! https://x-ph.com/sale/ Phone number 702-494-9435
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05-23-2014, 01:12 AM	#4
E902009 First Lieutenant 11 Rep 344 Posts Drives: 2009 328i Join Date: Mar 2013 Location: CA iTrader: (0)	This all depends on how you're paying. E91s are unicorns...almost, and they command high prices because of the rarity, and the people who want them specifically. Simple supply and demand, really. Is this a private seller? Are you buying with cash (or cashier's check)? If you are, I would say offer even lower...at $24k, which is not insulting, IMO. They should expect a bit of haggling before the sale is final. The idea is that you two meet somewhere in the middle. If it's a dealership, and you're offering cash, it may not go as well. Dealerships make money on financing, but the right down payment/finance ratio will get you pretty far. I think if you can close the deal at around $25.5-26k, you'll be in good shape. Without knowing the full list of options, it's hard to pinpoint the price.
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