How Much Should I Pay: 2004 BMW 325CI

Question From Mer: Hi, How much should I pay for 2004 BMW 325CI convertible?
Mileage: 39,789
year: 2004
Trim: BMW 325CI CONVERTIBLE
Seller: BMW Dealer
- cold weather package
- premium package
- xenon adaptive headlights
- 5 spd automatic transmission
Seller is asking for a $18,300.
Is that a good deal ?
Thank you in advance.
Mer
Queen of the Road: Hi Mer. Welcome to AutoBragBlog. If the seller is private, then feel free to ask for wholesale prices based on the condition.
For a 2004 BMW 325CI Convertible with 39,800 miles, wholesale prices range from $17,600 (being in above average condition) to $15,700 (being in average condition) and $13,800 (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 $15,300 to $19,400. 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!

