Ask me anything about buying/selling cars. - Page 3 - BBV4Life -- Two Plus Two Poker Forums

I've been poking around a bit to find a low-mileage (20k or so) 2007 BMW 7-series. What would be a good price?

Also, several of the auctions I've seen are for cars BMW repurchased due to customer complaints, repaired and then sold at auction. My first thought was you're asking for trouble buying a car that had problems as new, but some of the problems sounded relatively trivial/easily fixable (A-pillar wind noise was one that comes to mind) and might not be that big of a deal. What are your thoughts about this?

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05-21-2010 , 02:53 PM

#52

notoriousSRT

banned

Join Date: Jan 2010 Posts: 313

Quote:

Originally Posted by herebigfishy

Sounds like you got it all figured out... good luck with buying your new car

i noticed that it had already been said after i wrote it. thats what i get for not reading the thread.

however, i work at a car dealership so i think i'll be fine. thanks anyways

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05-21-2010 , 02:56 PM

#53

notoriousSRT

banned

Join Date: Jan 2010 Posts: 313

Quote:

Originally Posted by adizzle13

take trades? if yes, then what kinds of weird **** have you found in trade-in cars?

also theres a really big thread about this stuff in OOT

we found a bag of weed in the glovebox of a trade from a high school principal. he said it was confiscated from a student (a likely excuse). i think one of our mechanics/detailers took it because no one knew what happened to it

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05-21-2010 , 03:16 PM

#54

Fear Itself

Pooh-Bah

Join Date: Dec 2009 Posts: 3,509

i drive my moms honda crv (08? i think) to school everyday, how baller am i?

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05-21-2010 , 03:23 PM

#55

adizzle13

Carpal \'Tunnel

Join Date: Jan 2009 Posts: 6,872

Quote:

Originally Posted by Fear Itself

i drive my moms honda crv (08? i think) to school everyday, how baller am i?

if youre in high school, then you are in fact a baller. having a 100% functional car in high school makes you a baller by default.

if youre in college, then youre not a baller, but youre still cool.

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05-21-2010 , 03:28 PM

#56

Fear Itself

Pooh-Bah

Join Date: Dec 2009 Posts: 3,509

im in high school yo

playa playa!

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05-21-2010 , 03:32 PM

#57

skeetm0n

adept

Join Date: Feb 2006 Posts: 1,051

looking to buy a 2010 Kia Forte Koup SX with manual transmission and no addons (such as leather seats, sunroof, ... etc)

what price should i pay?
is it true that going to a dealership late in the month helps because they need to meet a monthly quota?

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05-21-2010 , 03:52 PM

#58

adizzle13

Carpal \'Tunnel

Join Date: Jan 2009 Posts: 6,872

Quote:

Originally Posted by Fear Itself

im in high school yo

playa playa!

legit brag imo.

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05-21-2010 , 03:57 PM

#59

OckerMan

banned

Join Date: Feb 2010 Posts: 2,120

Quote:

Originally Posted by Fear Itself

im in high school yo

playa playa!

You can get a license in high school? How old are you? And wtf are your parents thinking letting someone drive a car like that lol

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05-21-2010 , 03:58 PM

#60

curve

Pooh-Bah

Join Date: Oct 2007 Posts: 5,294

I'm looking to get myself a bmw E46 320d around 70k miles with M pack and most of the options (def. leather, but no automatic). What should I pay for this?

My budget is 13k

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05-21-2010 , 03:58 PM

#61

OckerMan

banned

Join Date: Feb 2010 Posts: 2,120

Quote:

Originally Posted by skeetm0n

Why would you ever buy a new car? 2nd hand FTW go something 2 years old if you like to keep value in your car.

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05-21-2010 , 03:59 PM

#62

notoriousSRT

banned

Join Date: Jan 2010 Posts: 313

Quote:

Originally Posted by skeetm0n

http://www.truecar.com/Kia/Forte/201...&zipcode=01002

it is best to go late in the month too, salesman are a little more desperate

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05-21-2010 , 04:18 PM

#63

skeetm0n

adept

Join Date: Feb 2006 Posts: 1,051

Quote:

Originally Posted by OckerMan

Why would you ever buy a new car? 2nd hand FTW go something 2 years old if you like to keep value in your car.

this has a lot of truth to it. when i was first shopping around the internet i was only looking at used cars with less than 15k miles, but then the 2010 kia forte koup looks pretty sweet and there are no used ones available. also i figured id get a better warranty if i buy new and it's less risky in general? i guess i have a few more questions...

what are the cons to buying used vs new? what are the major differences?

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05-21-2010 , 04:21 PM

#64

EyeJackit

grinder

Join Date: Nov 2007 Posts: 447

Quote:

Originally Posted by herebigfishy

GOD DAMN! they are tring to kill someone on that thing. I can buy a 99 Boxster with 90k at the auction for about $8800, a good deal on that car would be no more then $9,500 up to $10,000 if its real clean.

Have a mechanic check it out first, those Boxsters can be a nighmare if they have been driven real hard...

hmmmm. I don't get it really. If you want to average 1500 gross per deal then you are out lunch on this.

8800 Wholesale at auction (assuming you have allowed for buyers fees and transport in the wholesale #) if not its about $500
1000 Safety and recondition on an 11 yr old import is likely low but lets go with it
200 Advertising

Total is 10 000 in the car.

Ask 12K and take an offer of 11500. This is $1500 gross which is what you said is your average.

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05-21-2010 , 04:32 PM

#65

herebigfishy

banned

Join Date: Nov 2007 Posts: 1,136

Quote:

Originally Posted by LiveActionPro

Please answer

No, I do not sell Lemon Buy Back cars. All the cars I sell are carfax certified cars.... Most of the lemons that are sold are new cars that are f'd up at the factory

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05-21-2010 , 04:34 PM

#66

Fear Itself

Pooh-Bah

Join Date: Dec 2009 Posts: 3,509

Quote:

Originally Posted by OckerMan

You can get a license in high school? How old are you? And wtf are your parents thinking letting someone drive a car like that lol

had my license since i was 16, now i'm 18. and this a honda crv dude, pls no disrespect.

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05-21-2010 , 04:39 PM

#67

herebigfishy

banned

Join Date: Nov 2007 Posts: 1,136

Quote:

Originally Posted by Microcuts629

do used car places ever sell for a loss in order to ditch inventory and/or hit some sort of quota?

oh yeah, please be answering the "have your every knowingly sold a lemon" question. if yes, do you believe it was the purchasers own fault for not doing enough research on the car (not checking carfax, ignoring carfax, etc)?

No I dont sell lemons, Im not some POS pot lot....

Yes, many dealers will sell there cars at cost to move inventory fast. I usually have 5-7 cars in my inventory that are advertised at a loss or break even price. This is normal business practice in the car BIZ, gota move cars and sometimes you loose money to do it.

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05-21-2010 , 04:49 PM

#68

herebigfishy

banned

Join Date: Nov 2007 Posts: 1,136

Quote:

Originally Posted by adizzle13

take trades? if yes, then what kinds of weird **** have you found in trade-in cars?

also theres a really big thread about this stuff in OOT

I found an oz of 420 once in a box of porn magazines and adult toys located under a seat.

I found a dead dog in a trunk once! (we didnt take that car in trade btw)

A friend of mine found 30k cash and a kilo of coke in the spare tire well of an 09 Mercedes (the DEA came in and he had to go and testify against some big drug dealer)

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05-21-2010 , 05:13 PM

#69

adizzle13

Carpal \'Tunnel

Join Date: Jan 2009 Posts: 6,872

Quote:

Originally Posted by herebigfishy

worst scenario possible cause you dont get to keep the 30k

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05-21-2010 , 05:37 PM

#70

herebigfishy

banned

Join Date: Nov 2007 Posts: 1,136

Quote:

Originally Posted by dumbluck13

I'm looking to buy a VW Golf GTI. I don't want to wait until August to buy the 2011 model that's coming to North America then (I think?). I would be perfectly happy with a certified pre-owned GTI, except 2009 was the the first year of the 5th gen GTI, so anything before then is 4th gen and not really a very good car, imo.

Any advice? Truecar tells me dealer invoice on a 2010 GTI (2-door with DSG transmission) is something like $23.5K. How much do I save if I go for a 2009 model, and is it worth it (meaning, I like new cars 'cuz I'm an idiot like that, but I'll go for an '09 if it's significantly better value)?

Thanks.

I dont sell VW very often but I will keep an eye out for one...

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05-21-2010 , 05:47 PM

#71

herebigfishy

banned

Join Date: Nov 2007 Posts: 1,136

Quote:

Originally Posted by Costanza

I don't like Lemon Buy Back cars because once you buy one and try to sell or trade in the future you get hit really really hard on its value. The same car that not a Lemon Buy Back can be worth 20%-30% more money when trading in.

Lemon Buy backs are a pain in the ass, I don't sell them very often unless we take one in on trade and that doesn't happen allot.

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05-21-2010 , 05:50 PM

#72

JtotheF

old hand

Join Date: Feb 2007 Posts: 1,188

Quote:

Originally Posted by herebigfishy

do you work in the san fernando valley?

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05-21-2010 , 05:51 PM

#73

herebigfishy

banned

Join Date: Nov 2007 Posts: 1,136

Quote:

Originally Posted by EyeJackit

You cant make $1500 dollars on $10000 cars, thats why I sell $20k to $30k cars...

Are you worried about my profit on each car or what you should pay for that Porsche? I quoted you a good price for you, not the dealership. If you want to pay to much... go ahead!

Last edited by herebigfishy; 05-21-2010 at 06:02 PM.

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05-21-2010 , 05:59 PM

#74

herebigfishy

banned

Join Date: Nov 2007 Posts: 1,136

Quote:

Originally Posted by notoriousSRT

http://www.truecar.com/Kia/Forte/201...&zipcode=01002

it is best to go late in the month too, salesman are a little more desperate

lmao... If you believe this your an idiot! I am way more desperate to sell cars at the begining of the month because a good start is detrimental to having a successful month in the car BIZ, especially the first 7 days.

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05-21-2010 , 06:04 PM

#75

herebigfishy

banned

Join Date: Nov 2007 Posts: 1,136

Quote:

Originally Posted by skeetm0n

I have never purchased a new car in my life and never will... If you like burning money then a new car is a great way to do it. You can find to many good deals on nice used cars.

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