How Much Should I Pay: 2006 BMW 330i
Question From Peg: Hi I’m going to look at a 2006 BMW 330i with 35,474 miles (CPO) with Sport, Premium & Cold Weather Packages at a dealer who’s asking $28,800…….. What should I offer?
Thanks, Peg
Queen of the Road: Hi Peg. Welcome to AutoBragBlog! Wow, that’s a high price. You can knock $4k off that.
For a 2006 BMW 330i Sedan with 35,500 miles, wholesale prices range from $22,000 (being in above average condition) to $19,700 (being in average condition) and $17,400 (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 $19,300 to $24,200. 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!
