Need help in deciding on the price of the car

Hello all, new member here. I am currently looking at a CPO 2009 BMW 328i Xdrive with 9574 miles. The dealer is asking for $28485. I am planning to go and look at it, but wanted opinion as to whether the price seems to be right. The car was a personal lease(atleast thats what the carfax says). Below are the features on the car (it has the premium package). Sorry for big post Also since it is gonna be a CPO what are the kind of checks or questions I should be asking apart from whatever is mentioned in Carfax.Also do you guys think there is any room for further negotiation, since the car is already priced below the KBB value? Any help would be greatly appreciated.

Included Packages

Premium Package ($3,350)
Additional Options

4-Wheel Disc Brakes
Abs
Adjustable Steering Wheel
All Wheel Drive
Aluminum Wheels
Am/Fm Stereo
Automatic Headlights
Auxiliary Audio Input
Brake Assist
Bucket Seats
Cd Player
Certified Pre-Owned
Child Safety Locks
Climate Control
Cruise Control
Daytime Running Lights
Driver Illuminated Vanity Mirror
Driver Vanity Mirror
Emergency Trunk Releasebalance Of New Car Warr
Engine Immobilizer
Fog Lamps
Front Head Air Bag
Front Reading Lamps
Front Side Air Bag
Headlights-Auto-Leveling
Heated Front Seats
Heated Mirrors
Hid Headlights
Intermittent Wipers
Keyless Entry
Keyless Start
Leather Steering Wheel
Mp3 Player
Multi-Zone A/C
Pass-Through Rear Seat
Passenger Air Bag Sensor
Passenger Illuminated Visor Mirror
Passenger Vanity Mirror
Power Door Locks
Power Mirror(S)
Power Outlet
Power Steering
Power Windows
Premium Synthetic Seats
Rain Sensing Wipers
Rear A/C
Rear Bench Seat
Rear Defrost
Rear Head Air Bag
Rear Reading Lamps
Remote Trunk Release
Stability Control
Steering Wheel Audio Controls
Steptronic Automatic Trans.
Sun/Moon Roof
Sun/Moonroof
Tire Pressure Monitor
Tires - Front Performance
Tires - Rear Performance
Traction Control
Trip Computer
Variable Speed Intermittent Wipers
Warranty Good Thru 08/08/2015
Woodgrain Interior Trim
***8593; To Top
Features

CONVENIENCE FEATURES
1-touch down
Steering wheel mounted A/C controls
Driver vanity mirror
Tilt steering wheel
Air conditioning
Front beverage holders
Speed control
Illuminated entry
Front dual zone A/C
Telescoping steering wheel
Residual heat recirculation
Rear beverage holders
Automatic temperature control
Power windows
Passenger door bin
Remote keyless entry
Passenger vanity mirror
Driver door bin
Rear air conditioning
1-touch up
Power moonroof
ENTERTAINMENT FEATURES
Diversity antenna
Radio data system
MP3 decoder
AM/FM radio
Steering wheel mounted audio controls
CD player
SEATS AND TRIM
Leather shift knob
Max seating capacity: 4
Rear seats: bench
Genuine wood door panel insert
Front seats: bucket
Front center armrest
Sport steering wheel
Genuine wood dashboard insert
Genuine wood console insert
Rear seat center armrest
Split folding rear seat
BODY EXTERIOR
Door mirrors: body-color
Power door mirrors
Bumpers: body-color
Heated door mirrors
SAFETY AND SECURITY
Traction control
Brake assist
Electronic stability
Adjustable head restraints: driver and passenger w/tilt
Occupant sensing airbag
Dual front impact airbags
ABS brakes
Perimeter/approach lights
Dual front side impact airbags
Anti-whiplash front head restraints
4 wheel disc brakes
Overhead airbag
Ignition disable
LIGHTING, VISIBILITY AND INSTRUMENTATION
Fully automatic headlights
Tachometer
Delay-off headlights
Trip computer
Variably intermittent wipers
Rear window defroster
Low tire pressure warning
Outside temperature display
High intensity discharge headlights
Rain sensing wipers
Front fog lights
Front reading lights
Headlight cleaning
Rear reading lights
***8593; To Top
Tech Specs

Sedan or coupe?

Originally Posted by GarySL

Sedan or coupe?

It is a coupe

At that mileage, I doubt the dealer will come down much. I don't see '09 e92s priced that low locally. g/l

Did you check BB on it? why 328i? Just remember that dealers sell used cars for way more that they got them for and they make more on them then if they were new. So I would always go at least 4000. less than what they are asking. you can always move up.

Originally Posted by emrocha4

Did you check BB on it? why 328i? Just remember that dealers sell used cars for way more that they got them for and they make more on them then if they were new. So I would always go at least 4000. less than what they are asking. you can always move up.

Yes I did a KBB(I assume you mean Blue Book by BB) on this car and the price quoted by the dealer is couple hundred bucks less. Also I am looking for 328i is because this car is for my wife, so 328i seems to have enough power and fun factor for her.
Also as Gary mentioned, the price on the car is quite a bit lower than what I have seen generally.So that too scares me a bit,even though it is BMW CPO.

Originally Posted by GarySL

Sedan or coupe?

I really don't think there's enough detail.

Hey OP - get a PPI; get back to us....

Yes, you are right I did mean KBB. Sorry about that. well it maybe lower but they also look at how much they payed for it. So, as I said it never hurts to try. The worst is they say no. Right!! Would you not be happy if you got it for less! I was always told that you never pay sticker always try to get it for less. I have 2 brothers that sold cars at one time and they always said used cars are extremely marked up. they make more money on them than if it was new. When My family member worked at a dealer we would always get a minimum of 3000.00 off the new cars we bought. So, it would be cool to hear you got it for less!! Good luck on the possible purchase.

I also forgot to mention that the car is a SULEV. Below is the link to the car ad

https://usedcars.truecar.com/car/BMW...WV53559P081241

She is beautiful! Ok educate me what is SULEV? I still think offer 24,485.00 I bet you settle on 26,485.00. or so.

Originally Posted by emrocha4

She is beautiful! Ok educate me what is SULEV? I still think offer 24,485.00 I bet you settle on 26,485.00. or so.

SULEV is Super Ultra Low Emission Vehicle. The difference is in the engine. SULEV cars have the N51 engine and the other ones have N52. I was reading somewhere on this forum that SULEV vehicles namely N51 engines are not as reliable as N52. And you are right I want the car for 28K to 28.5K out of door. So that does come to around 26485 before tax title and tag.But I wanted to be really sure about the car based on all of you BMW owners opinions before I started spending time negotiating with the dealer.

Ya I agree. go to car and drive and look to see how it rates and make sure that includes a warranty. I am sure if you decided to make a deal you wife will love it. I have a BMW 330i and my husband has and Audi A6 and we love them.

Originally Posted by emrocha4

Yes, you are right I did mean KBB. Sorry about that. well it maybe lower but they also look at how much they payed for it. So, as I said it never hurts to try. The worst is they say no. Right!! Would you not be happy if you got it for less! I was always told that you never pay sticker always try to get it for less. I have 2 brothers that sold cars at one time and they always said used cars are extremely marked up. they make more money on them than if it was new. When My family member worked at a dealer we would always get a minimum of 3000.00 off the new cars we bought. So, it would be cool to hear you got it for less!! Good luck on the possible purchase.

It never hurts to ask. However I would recommend if he's going to ask he should be prepared to provide some rational for a lower price. If he can provide some reason for his offer he's more likely to get it.

Perhaps he can use the SULEV to his advantage with an argument being "It's not as common and therefore finding parts / service for it will be more difficult / expensive" compared to a the "regular" version.

Good suggestion! it would be a good point about the SULEV!!

Sorry, SULEV is going to help get a lower price.

Originally Posted by tturedraider

Sorry, SULEV is going to help get a lower price.

I am guessing you meant to say SULEV is not going to help get a lower price?

Also the ad for this car has been there for more than 120 days. I spoke to the dealer and he said the car is still available. I mean a good looking BMW AWD drive coupe with low miles and price below the KBB value being for sale for than 120 days, should that raise some red flags?

Maybe it should but I am in California and Dealers have a responsibility to have the car in good running order. Also it should have been inspected. If I were you I would asked to drive it and not only drive it take it out for at least 2 hours and have it inspected by someone you trust spend the money to do it because you are spending a lot more at the end of this if you buy it. I learned that when you are spending that kind of money and you are planing on driving it daily you have the right to have some time with it before you buy it and if the dealer is not open to that then there is an issue and run the other way.

Take it to a good body guy to have it looked at for any damage or replaced parts on the car. Everything isnt reported to car fax, and a good body guy can see if the car was repaired.

Originally Posted by twhisten

Take it to a good body guy to have it looked at for any damage or replaced parts on the car. Everything isnt reported to car fax, and a good body guy can see if the car was repaired.

@twhisten, your location says New Jersey. The dealer from whom I am checking the car out is also located in New Jersey. Park Avenue BMW. Do you or someone you know have any information as to how the dealership is in terms of sales, and after sales support? As well as if they can be trusted (as much as dealerships can be trusted.)

They dont have the best reputation. I noticed where the car was after I posted. I have a friend that works there, so I will make a phone call to see if he knows anything on the car. He is a salesman. I will also see how low they would be willing to go. If its CPO, they pay like 2000 to have the car certified, which is passed along to the buyer.

Originally Posted by twhisten

They dont have the best reputation. I noticed where the car was after I posted. I have a friend that works there, so I will make a phone call to see if he knows anything on the car. He is a salesman. I will also see how low they would be willing to go. If its CPO, they pay like 2000 to have the car certified, which is passed along to the buyer.

Thanks a lot Twhisten. Any information regarding the car would be great.

Wow I knew joining this forum would be a great idea.

You guys have been extremely helpful

Who would have known that someone knows the place and can look into it!!! that is great good luck.

Souvik, I sent you a PM.

Originally Posted by souvik91980

I also forgot to mention that the car is a SULEV.

Ah, yesssssss. You might want to do some research....start here.