flyingpuck

I'm sure he just wants YOUR car in particular! And if you believe that I have a bridge I'd like to sell you! It's just a sales gimmick!

uwptap

exx1976 nailed it! This is exactly what dealerships are doing (phone calls & letters) to get existing customers to step back in the door. Fancy the customer w/ cool new cars and that "new" car smell and hope for an impulsive buyer.

I'm sure buyers are not necessarily just looking at dealerships for pre-owned cars... you can always sell the car privately for more money, then to trade it in to a dealer.

Good luck,
Pat

530ISPORT

Any thoughts - have any of you been getting similar offers from your dealers?
ALL HE`S DOING IS trying to get you to the store to drum up buisness. i do the same.. let me guess he told you that your car is very hard to get at auction on trades its in high demand. and we at bmw are willing to give alot more for you car right now.... at the end of the day your car is what it is, unless they have some crazy rebate. even if there is a rebate he`ll just try and charge more for the new one and make up the difference in your trade... all dealers buy whole sale. we as owners of bmw`s always look for retail on or cars... people dont fall pray to the stealership ways.. i should know i manage one

Rudy

That might be true but today's news (from multiple sources) specifically talks about the higher demand for certified pre-owned cars. In this economy, my guess is that people aren't willing to take as much of a risk with a non-certified car. A CPO may cost a bit more but it makes the buyer more comfortable that they won't be spending any unexpected dollars too soon down the road...

luigi524td

Actually he does ...and you're too late on that bridge deal! I bought two yesterday while you were snoozing

That said, the GM for the dealership has never wasted my time because I've been a long-term customer and a source of referrals to this particular store during the past 20+ years. He knows that I have been thinking about going back to a V-8. We discussed it when I stopped in a few weeks ago. And, it's not one of his sales reps calling, it's him.

As for haggling over a deal - I don't do that either. My time is far too valuable and I, like many of us, work hard for my money. There's no free lunch I know what my current e60 is worth to me and how much disposable cash I would be willing to part with to replace it.

My primary curiosity is how the changes to next 5 series models will work for me? If I'm only gaining minor tweaks now I'd be more likely to wait for the 2011 model. I can wait it out - the good thing is I don't need a new car now. On the otherhand, my wants might get the best of me!

luigi524td

In NJ there are (minor) financial benefits to trade a car than to sell it outright. IF all things were equal, selling a car outright requires that new buyer paying sales tax on the purchase price. When I take the cash realized from the sale to apply it to a new car purchase I would have to pay the sales tax on the full purchase price. I also wouldn't have to go through the hassle of a private sale ... collecting the money, dealing with a contract and a customer who buys a used car and then wonders why it isn't NEW ... etc etc etc.

For now this is all hypothetical ... not ready to buy but ready to think!

C's Bimmer

i'll call him and tell him to back off. he'll listen to bruce lee roy.

luigi524td

Hey "C" - I didn't think you could jump that high But you call him ... he'll listen!