Posted by EM on September 25, 1998 at 08:39:21:
In Reply to: 525iT Deal,(formerly posted by ralph lord on September 24, 1998 at 14:20:40:
Try http://www.dealernet.com/ for pricing information. This can give you some idea of comparable retail (asking) prices for similar cars. Edmund's or Kelly blue book pages are also reasonably good sources of information on features/pricing. Your search engine can find them easily.
BTW, I just purchased (9/17) a 91 525ia 77000 mi for 12,800 at a wholesale highline auction. That included buyer's fee. In this area, an additional $500 over wholesale is a reasonable buyer's fee. Also, most dealers were paying a significant premium for low mileage, so that might account for the higher price for the car your're considering.
Also, beware that there are probably some things wrong that you don't know about yet. Braking systems tend to corrode especially if the car has sat for a while, as the low miles of this one could indicate. The muffler issue supports this hypothesis. So, whether the dealer includes a warranty or not should be part of your buying decision. If you have a trusted mechanic who is familiar with BMW, take it to them for a physical. The small amount of money spent up-front will be well worth it in the long run.
: Here's the deal being offered by the dealer. Anyone care to comment? They paid $16160 and want to sell it to me for $17500. Car is 92 525iT with 32,000 miles. It needs: timing cover seal, new muffler, and the right rear window glass reglued into the bracket. You know, it gets crooked as you lower the window. Any suggestions?