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Re: Kelly and NADA (archive)

[ Follow Ups ] [ 3-series (E46) Message Board ] [ Msg. Board FAQ ]

Posted by Larry on October 07, 1999 at 10:03:08:

In Reply to: Kelly and NADA posted by MikeW on October 06, 1999 at 17:05:21:

:Once again, Mike, you're dead on correct. When the source of pricing are those who have that sort of vested interest it's a no-brainer. I've been closely following the used BMW market for almost 8 months and it appears that the dealers control a good 80% of the late model ('96 and above in particular) to the point of something resembling price fixing and certainly collusioin.
By inflating the prices on specific 3 series pre-owned they put you in a position to seriously consider buying a new one as the prices (without negotiation) are quite close between a used 328 and the new 323. The thought of paying 33k for a '97 vehicle with an msrp of 37.5k is apalling. I think the only other dealer with as many cars as Manhattan BMW sitting around is DiFeo with their wildly inflated pricing.

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