Quote:
Originally Posted by pickle311
The dealer showed me that they paid $38k at trade in, then performed the CPO inspection which included a new set of run flat tires. So they probably had an additional $3k in the car. Knowing that they had roughly $41k invested in the car, .
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I'll just say relying on the dealer for disclosures on what THEY really paid, is probably not A plan.
For all you know they nicked the po for new tires at lease turn in, and fabricated a doc with that 'trade in value' written on it. Heck, the sales manage may- as a matter of standard practice- inflate all used car 'bottom line' costs to "help" the sales process. This way he knows his sales guys can say, "ok, you're killing me- I'll be honest and show you begat we paid",,,,,
But at the end of the day, the market defines the price. Especially on CPOs and BMW dealers.
Do keep in mind that dealers are paying 10-15% UNDER kbb trade in values...generally. Diesel may distort this a bit, but dealers make far more on used cars than new. IMO