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F30 / F31 / F32 / F33 / F34 / F36 (2012 - current)
The sixth generation BMW 3 Series Sedan F30/F31/F34 and the first first generation 4 Series Coupe F32/F33/F36. Get the latest 3 and 4 series pricing from our ordering and pricing guide sticky thread.

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  #1  
Old 11-06-2019, 11:52 AM
roctheo585 roctheo585 is offline
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Need some advice on price

Hi Iíve been lurking on here for years now and Iím finally thinking about abandoning Audi. Iím looking at 2016 340i xDrive M Sport. I have some negative equity on my Audi but being the good negotiator I am I was able to get the dealer to agree to $36,500 out the door. I was about to get them to absorb 6k of my 8k negative equity.The car has 33k.
Is this a good deal?
BLACK SAPPHIRE METALLIC
Red interior

P337A***8194;M Sports package
S248A***8194;Steering wheel heater
S2PPA***8194; M Star Spoke 400
S2TBA***8194;Sport automatic transmission
S322A***8194;Comfort access
S3AGA***8194;Reversing camera
S494A***8194;Seat heating driver/passenger
S496A***8194;Seat heating, rear
S508A***8194;Park Distance Control (PDC)
S563A***8194;Light package
S609A***8194;Navigation system Professional
S610A***8194;Head-up display
S688A***8194;Harman/Kardon Surround Sound
S710A***8194;M sports steering wheel, multifunction
S715A***8194;


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Last edited by roctheo585; 11-06-2019 at 11:58 AM.
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  #2  
Old 11-06-2019, 12:12 PM
Autoputzer Autoputzer is offline
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Look it up on KBB.com. With KBB.com, the drama of used car pricing is pretty much a thing of the past.
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Old 11-06-2019, 12:47 PM
roctheo585 roctheo585 is offline
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Originally Posted by Autoputzer View Post
Look it up on KBB.com. With KBB.com, the drama of used car pricing is pretty much a thing of the past.


Theyíre going for about 32,555. Iím not too sure if I should go back and ask for more off or just take it.


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Old 11-06-2019, 01:21 PM
Autoputzer Autoputzer is offline
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Originally Posted by roctheo585 View Post
Theyíre going for about 32,555. Iím not too sure if I should go back and ask for more off or just take it.


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There's three prices shown on KBB: trade-in, private party, and retail. If you're buying from a dealer, that'd be retail. On average, you should get the average price on KBB. You need to separate out the cost of the car, and all the fees and taxes. Actually, throw all the non-government fees in a part of the price.

Your "out the door price" of $36,500 could be bad or really bad, depending on how much tax and government (DMV) fees are included. Sales taxes in my state of Floriduh is 6% for the state plus $25 for the country. So, here the taxes on a $32,555 car would be about $2k.

If you showed them the KBB print out, they'd probably match it or maybe something below it. But, they'd also be more than glad to charge you over KBB for the car.
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Old 11-06-2019, 01:27 PM
roctheo585 roctheo585 is offline
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Originally Posted by Autoputzer View Post
There's three prices shown on KBB: trade-in, private party, and retail. If you're buying from a dealer, that'd be retail. On average, you should get the average price on KBB. You need to separate out the cost of the car, and all the fees and taxes. Actually, throw all the non-government fees in a part of the price.

Your "out the door price" of $36,500 could be bad or really bad, depending on how much tax and government (DMV) fees are included. Sales taxes in my state of Floriduh is 6% for the state plus $25 for the country. So, here the taxes on a $32,555 car would be about $2k.

If you showed them the KBB print out, they'd probably match it or maybe something below it. But, they'd also be more than glad to charge you over KBB for the car.
Im going to have them print everything out. I think the extra 2K is the little bit of negative equity I'm carrying over. Plus our NY sales tax is 8%.
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Old 11-06-2019, 01:44 PM
Autoputzer Autoputzer is offline
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Originally Posted by roctheo585 View Post
Im going to have them print everything out. I think the extra 2K is the little bit of negative equity I'm carrying over. Plus our NY sales tax is 8%.
That'd be more like $2,555 in sales tax plus the $2k of negative equity. So, that'd put the actual sale price at about $31,944, about $600 below the average KBB retail estimate.

See, I told you much of the drama of used car pricing is gone.
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  #7  
Old 11-07-2019, 12:44 PM
John MS John MS is offline
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You probably have a 6 year low down loan on the BMW. I'm not seeing the financial sense in trading cars and wrapping loan balance into a new loan for what is probably a longer term.
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Old 11-07-2019, 12:50 PM
roctheo585 roctheo585 is offline
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You probably have a 6 year low down loan on the BMW. I'm not seeing the financial sense in trading cars and wrapping loan balance into a new loan for what is probably a longer term.


So the original asking price was $33,450. I was able the trade my car with $8,000 in negative equity and be out the door at $36,507. Granted the asking price was a bit high I feel as if I made out. Plus I canít find another car that spec with a clean CARFAX anywhere within 1,800 mile.


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  #9  
Old 11-09-2019, 08:12 AM
EuropaTCS EuropaTCS is offline
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You probably have a 6 year low down loan on the BMW. I'm not seeing the financial sense in trading cars and wrapping loan balance into a new loan for what is probably a longer term.
Could not agree more. I realize I'm very fortunate to have been able to buy my cars outright, but I started with a VW Beetle in 1970. I've worked my way up from there. My last three cars (2 Volvos, including a V70R, and now BMW) have been CPO's, so that helps enormously. Also, I don't change cars often, if I like what I have. The V70R I just sold to get my first BMW was a 2006, with 183K miles. Everyone has different priorities.
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Old 11-09-2019, 08:26 AM
Autoputzer Autoputzer is offline
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Could not agree more. I realize I'm very fortunate to have been able to buy my cars outright, but I started with a VW Beetle in 1970. I've worked my way up from there. My last three cars (2 Volvos, including a V70R, and now BMW) have been CPO's, so that helps enormously. Also, I don't change cars often, if I like what I have. The V70R I just sold to get my first BMW was a 2006, with 183K miles. Everyone has different priorities.
I'm with you... at least to 100k miles. I've had a few reliable cars that became an expensive PIA after past 100k miles. My lifetime average for a car bought new is about 110k miles.

I always chime in when there's a lease vs. buy debate on BF, and I'm almost always on the "buy" side of the argument. But, I go where the data takes me. Leasing a BMW can make sense if you drive over 20k miles/year, and reliability and your time are of higher than average value.

It seems like a lot of those militant leasers on the BF lease vs. buy debates live in California. I sometimes think it's a combination of horrible BMW dealer service departments out there, and maybe they've stopped teaching math in the California public schools. There was a recent post about a BMW leaser in California figuring out how much it would cost him to get out of his BMW lease six months early (~$5k) so he can get a Tesla.

Last edited by Autoputzer; 11-09-2019 at 08:27 AM.
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  #11  
Old 11-09-2019, 08:36 AM
roctheo585 roctheo585 is offline
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Well I appreciate all the input but Iím buying this car to keep. It has all the options I want. I was able to buy this car and be out the door under where I wouldíve been had I not negotiated on the price or had a trade in! I ended up rolling over about 2k and Iím out of an Audi that I wasnít that happy with and I have exactly what I want. Iím happy!


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  #12  
Old 11-10-2019, 12:11 PM
John MS John MS is offline
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Originally Posted by EuropaTCS View Post
Could not agree more. I realize I'm very fortunate to have been able to buy my cars outright, but I started with a VW Beetle in 1970. I've worked my way up from there. My last three cars (2 Volvos, including a V70R, and now BMW) have been CPO's, so that helps enormously. Also, I don't change cars often, if I like what I have. The V70R I just sold to get my first BMW was a 2006, with 183K miles. Everyone has different priorities.
I'm a member of the buy and hold club too. Yes everyone has their own priorities. However there have been so many similar threads that I don't think the true cost of such a swap gets much consideration. Focus seems to be on getting a different car every 3 years. Some folks even finance their car with a balloon payment car loan and wonder why there is no equity.
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Old 11-10-2019, 01:27 PM
namelessman namelessman is offline
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Originally Posted by EuropaTCS View Post
My last three cars (2 Volvos, including a V70R, and now BMW) have been CPO's, so that helps enormously. Also, I don't change cars often, if I like what I have.
Our cars are usually bought new and kept 10-12 years with 100k to 150k miles.

CPOs/non-CPOs of 2 to 3 years old are always on our minds to get best bang for the buck, what we noticed is that, Germans are usually trouble-free for 7-10 years, so CPOs/ESCs are pure profits for dealers.

When the 2 to 3 year old German cars are kept till 13-15 years old though, the 100k+ round of refresh needs to be paid, and those can be $3k-$5k. Another strategy is to sell the CPOs/non-CPOs before 100k, but that means every round is 8 years instead of 10-12 years, so after a couple of rounds the cost advantage of CPOs/non-CPOs fade away.
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Old 11-10-2019, 02:26 PM
namelessman namelessman is offline
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Originally Posted by Autoputzer View Post
It seems like a lot of those militant leasers on the BF lease vs. buy debates live in California. I sometimes think it's a combination of horrible BMW dealer service departments out there, and maybe they've stopped teaching math in the California public schools. There was a recent post about a BMW leaser in California figuring out how much it would cost him to get out of his BMW lease six months early (~$5k) so he can get a Tesla.
Some lease proponents argue that leases save time since there is no repair issue, but modern cars usually are quite reliable up to 100k miles, so the fear and risk seem to be overblown. Another observation is that, more transactions(e.g. mandatory negotiations every 3 years) usually induce more costs than one transaction every 10-12 years.
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Old 11-10-2019, 03:03 PM
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Folgen Sie Mir Folgen Sie Mir is offline
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You shouldn't have to pay the tax on the value of your trade...at least that's the way it works here in WA state.

Buying a car for $25k & trading in a car worth 10k should result in "use/sales/BS" tax on only the $15k delta...even if its neg equity or you owe 10k on the trade worth 10k & your loan/cash price should still only be taxed on $15k. Do they stroke you for the entire amount out that way?
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