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In Reply to: Re: looking at a 850csi posted by Joe on December 07, 1999 at 19:25:20:
: First, it is not a CSI. They were made in 94/95 and would cost something north of $50K.
: I am also looking at a 91 850i automatic with 49K miles. We seem to have settled on a price of 25K if I take the car. It is in pristine condition and he has the full history on it.
: Don't look at KBB when pricing any BMW. They are notorious for being inflated. I looked in the NADA book which can be found at most banks or credit unions and the car I am looking at seems to be worth about $27K.
: I am sure I could find a cheaper 850 but I do like the fact that the guy does have all the history. Most of the cars I have looked at at dealers have very little history available. I would appreciate comments from anyone as to what they think about my deal based upon the information I have provided. Thanks!
Good choice using the NADA guide. Most banks use this to determine loan value. I've been researching a purchase for the last few months myself, and I think you've found a sweet deal, if it all checks out. Buying from a private owner with all records available sure beats listening to some salesman say anything he can think of to close the deal. Now to find a black 6-speed like that one!
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