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Originally Posted by pglover19
So, is it your recommendation to first negotiate a price around 24K to 26K or less. If BMW Financial Services don't agree on my price, then return it to BMW and purchase another used BMW 3.0 or 4.4 for the price I negotiated or less.
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Yes!! IF it works you will be in gret shape!!
YOu have a 50% chance of stealing your own car if you ask,
and a 100% chance of paying what they want if you don't ask.
Regardess to what they are worth by KBB and NADA, The fact is you can buy one at a lower price.. Although thinking about it further, you have only 12K on yours was a bonus to yourself with a 29K residual...
IF you Keep yours, you may have just as good of a deal because it only has 12k on the clock. Most others will have at least 24 to 36 on the clock.
Look at it this way.
1. you already know all about your car in terms of how it was driven and what it needs,
2. You are still under factory warranty for at least another 9 or 10 months.
3. At 29K you are still 3 to 4 K under average book.
OR...
1. You find another deal somewhere on a newer X with low miles,
2. It will still be under warranty, so no worries there... Better if you can get and 06 which you can, for under 30K.
3. You will still be under Average book Especially if you get an 06,
AND you will be in a New ( different ) car.
4. this breaks you from the grip of leasing...
You make the choice....