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Negotiations for used automobile purchases at a dealership?


Carishme

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Does anybody have insights about dealers' existing flexibility in pricing authorised old cars? I previously had a clear understanding of my position before to engaging with a salesperson; but, after leasing for an extended period, I am now uncertain about the changes that have occurred over the last five years.

I am interested in a pre-owned G05 X5. On one side, it is at the upper limit of my budget, therefore I would want to negotiate a reduction; nevertheless, we have a good rapport with the sales manager that I do not like to jeopardise. I would prefer to begin with a bold but respectful offer.

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Request an extended warranty, specifically for two years, since the standard duration is often one year. However, some franchise BMW-approved vehicles may only provide a guarantee of three months or a tank of gasoline. Be aware of additional options, such as new carpets, which cannot be included with tax unless you enquire about a price deduction.

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I have been searching, and dealers are reluctant to negotiate on the vehicles they are offering. For trade-ins, unless there is an intention to sell the item, they will provide an auction price determined by its condition. The most you can achieve is for them to elevate the condition by one or two levels. It may be advantageous to privately sell your old vehicle or use internet platforms such as Motorway, where dealers compete for purchases.

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Exercise caution.

BMW shops now provide two categories of 'pre-owned' vehicles.

Approved Used Cars come with a 12-month extended warranty and a validated BMW service history.

2. Pre-owned Vehicles are often accompanied by a diminished or limited warranty, ostensibly owing to inconsistencies in the service history.

I really doubt that one can get the BMW Insured Warranty for a vehicle from the second category.
The first inquiry from the warranty representatives often is, 'Does it possess a complete BMW service history?'

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I believe the longstanding recommendation of studying your selected model/specification and then evaluating the dealer's pricing remains unchanged. Your budget may be at the lower end of the price range, necessitating a reassessment of expectations or a delay until prices decrease and/or your budget expands. Nonetheless, since the lockout and the worldwide parts scarcity, the margin may have diminished; nonetheless, there is some flexibility if one is willing to exercise patience and withdraw if the pricing or package offer does not meet expectations.

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Upon purchasing my M340i a year before, I entered the dealership equipped with a quotation from a broker. I ultimately received a discount of £7,000. The prolonged delivery time and subsequent increase in list price resulted in a savings of over £10,000. That was clearly about a new vehicle; I believe there is less flexibility for negotiation on a pre-owned one.

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