need help BIG TIME!
08-29-2008 | 01:38 PM
#1
Thread Starter
Senior Members
Joined: Sep 2007
Posts: 268
Likes: 0
My Ride: 06' 530 Alpine/Auburn/Dark walnut, Sport, Premium, Sirius, 35% Tint
Upcomming mods: M166's/Exclaim UHP's, Mtech
I am trying to purchase my 06' 530, my lease is up in Oct. A member on this board (who has been MIA unfortunately) gave me a price range taken directly from the Manheim pricing report, that he suggested I should be able to purchase my car for without encountering much resistance.WELL, needless to say, my dealers counter offer is about 4400 higher, and after negotiating with him for a good portion of the day, he does not appear to be going any lower. Can anybody, ANYBODY! give me some advice as to how to proceed? 
08-29-2008 | 02:06 PM
#3
Thread Starter
Senior Members
Joined: Sep 2007
Posts: 268
Likes: 0
My Ride: 06' 530 Alpine/Auburn/Dark walnut, Sport, Premium, Sirius, 35% Tint
Upcomming mods: M166's/Exclaim UHP's, Mtech
Originally Posted by Rudy' post='657461' date='Aug 29 2008, 05:57 PM
Do you know what residual value they used when they calculated the lease?
08-29-2008 | 02:11 PM
#4
Super Moderator
Joined: Mar 2004
Posts: 17,310
Likes: 2
From: Pittsburgh, PA USA
My Ride: G30 M550i
Model Year: 2018
Originally Posted by bimmerluuvr' post='657466' date='Aug 29 2008, 06:06 PM
percentage wise I do not remember, but residual price is 32300.
08-29-2008 | 02:30 PM
#5
Contributors
Joined: May 2007
Posts: 3,987
Likes: 0
From: Pittsburgh, PA
My Ride: 2008 Alpine White 550i Sport, Cream Beige Interior, 6-Sp Manual - retired 9/2011
Originally Posted by Rudy' post='657470' date='Aug 29 2008, 06:11 PM
What number is the dealer quoting you? As far as I remember, you should be able to buy the car for the $32,300...
08-29-2008 | 04:20 PM
#6
Super Moderator
Joined: Mar 2004
Posts: 17,310
Likes: 2
From: Pittsburgh, PA USA
My Ride: G30 M550i
Model Year: 2018
Originally Posted by DrLev99' post='657479' date='Aug 29 2008, 06:30 PM
Was that a joke, Rudy?
08-29-2008 | 04:41 PM
#7
Thread Starter
Senior Members
Joined: Sep 2007
Posts: 268
Likes: 0
My Ride: 06' 530 Alpine/Auburn/Dark walnut, Sport, Premium, Sirius, 35% Tint
Upcomming mods: M166's/Exclaim UHP's, Mtech
Originally Posted by Rudy' post='657515' date='Aug 29 2008, 08:20 PM
I'm not sure yet...I can't tell exactly what number the OP was given by the dealer and I was hoping I'd get it out of him...
08-29-2008 | 06:09 PM
#8
Super Moderator
Joined: Jan 2008
Posts: 17,508
Likes: 3
From: So. Cal (SFV)
My Ride: 2011.5 Alpine White E90 M3 | Black Novillo Leather | Carbon Fiber Leather Trim | ZCP | ZP2 | M-DCT | Navigation | Moonroof | 6FL Mods: TMS 12.5mm spacers all around l Hawk HPS Brake Pads l OEM M3 Edition Grills l Paint Matched Side Gills l Key Hole D
Originally Posted by bimmerluuvr' post='657522' date='Aug 29 2008, 05:41 PM
I was told by another member who appeared to be knowlegable, that I should be able to get the car CPO'd for 29k max. The dealer is willing to go 30k not CPO'd, and my residual is 32300. Did I get bad info? am I being unreasonable Rudy?
you can also check yourself @ www.kbb.com
08-30-2008 | 05:51 PM
#10
Senior Members
Joined: May 2008
Posts: 348
Likes: 0
From: The Capitol
My Ride: 2008 550i
Originally Posted by 530ISPORT' post='658050' date='Aug 30 2008, 04:30 PM
if the contract read`s 32300 thats what you pay there is no nego this price... thats it...
When It comes to vehicles.....Everything is Negotiable
The RV is just what BMW will say the car is worth, but 3 yrs ago when he did his lease, BMW didn't know gas prices were going to double. Car prices are market driven and will always depend on market conditions.