How Much Should I Pay: 2006 BMW 330I

Question From Andy: WOW!! My friend just bought an ’06 330i with 50K miles, for $32,000!!!!! And he tells me this as if he got a great deal…bruto!
Queen of the Road: Hi Andy. Welcome to AutoBragBlog!
Let’s not burst your friend’s bubble of happiness by telling him the wholesale prices.
For a 2006 BMW 330I sedan with 50,000 miles, wholesale prices range from $20,900 (being in above average condition) to $18,700 (being in average condition) and $16,500 (being in below average condition).
A fair range for a dealership sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $18,400 to $23,100. A private seller will usually aim to sell it for 5%-10%.

