How Much Should I Pay: 2006 BMW 330i
Question From Fhill: Great site. Do you feel $27,991 is a fair dealer price for a CPO 2006 330i. Actual miles 34,100. Appreciate your thoughts.
Queen of the Road: Hi Fhill. Welcome to AutoBragBlog! $28k is too high. A fair range to buy from a dealership is $20,600 to $25,600, but these prices don’t include CPO. So a tad bit higher than that range, but not $28k.
For a 2006 BMW 330i Sedan with 34,100 miles, wholesale prices range from $23,300 (being in above average condition) to $21,000 (being in average condition) and $18,700 (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 $20,600 to $25,600. A private seller will usually aim to sell it for 5%-10%.
Check the carfax and do plenty of research on the history of the vehicle. Ask for their maintenance records. You can even bring a mechanic for a brief inspection. Here’s a good article to read before continuing: Car Buying Tips From An Insider. Let me know if you have any further car questions.
Good luck and keep us posted on how the purchase goes!
