what % will dealers drop (Used BMW)

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aston - 29 Jan 2006 20:40 GMT

We are looking at a bmw 530d with 125k miles on the clock, the car is up for
£6995. I have never purchased from a dealer before and would like to know
what margins they will generally work to! Such as is there a rough
percentage that they would mark up against what they would actually accept,
I just want to know what to offer. Cheers J

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Sam Smith - 30 Jan 2006 11:18 GMT

> We are looking at a bmw 530d with 125k miles on the clock, the car is up
> for £6995. I have never purchased from a dealer before and would like to
> know what margins they will generally work to! Such as is there a rough
> percentage that they would mark up against what they would actually
> accept, I just want to know what to offer. Cheers J

What year is it?

I find it best to go from the Glass value of the vehicle and assume that the
dealer has a comfortable margin on top of that. 'Comfortable' can be near
anything but assume at least £500-£1000. Dealers usually take
second-hand/part-ex vehicles in at a considerably reduced cost.

---
Sam

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