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      08-22-2018, 06:38 PM   #1
vstypicals
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Is this a good deal?

Thinking about purchasing a used M2. Came across this. Seemed like a good deal, but would like another opinion..

https://www.cars.com/vehicledetail/d...6869/overview/

I'll see if I can get it lower as well.
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      08-22-2018, 06:48 PM   #2
TheHaze
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Looks like a decent deal to me. Low mileage, one owner, executive package. You aren't going to have much time left on the factory warranty, though.
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      08-22-2018, 07:49 PM   #3
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      08-22-2018, 09:36 PM   #4
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Looks like a fair deal for a low mileage car. I would ask them to CPO it to extend the warranty.
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      08-22-2018, 09:40 PM   #5
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Should look at this deal for a 2017. https://f87.bimmerpost.com/forums/sh....php?t=1527846
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      08-22-2018, 11:18 PM   #6
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I've been looking at this one as well. I see in the CarFax that it was bought at an auction, would this be considered a bad thing?
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      08-22-2018, 11:48 PM   #7
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here's a good deal .. car is in Boston >> https://f87.bimmerpost.com/forums/sh....php?t=1528421
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      08-23-2018, 08:56 AM   #8
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Quote:
Originally Posted by laac View Post
I've been looking at this one as well. I see in the CarFax that it was bought at an auction, would this be considered a bad thing?
It matters where the car came from. Usually it was traded in at a non BMW dealer and the dealer wanted to get rid of it. You do have to be careful though and have it checked for accident damage and flood damage before purchasing it.

You also have to check for modifications that may have voided parts of the warranty.
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      08-23-2018, 11:26 AM   #9
black_1m
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Quote:
Originally Posted by DanG View Post
It matters where the car came from. Usually it was traded in at a non BMW dealer and the dealer wanted to get rid of it. You do have to be careful though and have it checked for accident damage and flood damage before purchasing it.

You also have to check for modifications that may have voided parts of the warranty.
Would you say getting a PPI done even when the car is being sold be a BMW dealership and only 1-2 years old?
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      08-23-2018, 01:47 PM   #10
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Quote:
Originally Posted by vstypicals View Post
Thinking about purchasing a used M2. Came across this. Seemed like a good deal, but would like another opinion..

https://www.cars.com/vehicledetail/d...6869/overview/

I'll see if I can get it lower.
1) Check KBB.com and Edmunds.com for their interpretation of market value.

2) Check the CarFax.

3) Go see the car in person.

4) If it has any flaws, e.g. curbed wheels, paint chips, smoky smelling interior (deal breaker for me, regardless if they include the pine tree air freshener hanging from the mirror), or non-original glass, then factor that into your buying decision. Curb (kerb?) rash and paint chips are easily repaired, and most dealers have a service come in to do such things. (Insist on that as part of the deal, if it needs such work...)

5) Like the other poster said, get the dealer to CPO it (if it isn't). This will extend the warranty, time-wise and mileage, but time is the key with a 2016 model that could be nearly 3 years old since it was put in service from new.

6) Shop the Classifieds on this forum. Compare.

7) Find out how much of the purchase can be put on a credit card, if you collect points like some of us.

8) Don't let the dealer jerk you around with pitches for undercoating, paint protection, extended warranty (get the CPO and call it good), etc. Your time is valuable, so try to deal with their Internet Manager first, and get the deal done as much as possible before you step foot on their lot and the buzzards come circling. (California Condors where you are, mebbe!).

Good luck!
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      08-23-2018, 04:33 PM   #11
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Quote:
Originally Posted by laac View Post
Would you say getting a PPI done even when the car is being sold be a BMW dealership and only 1-2 years old?
I would still have it inspected since you said it was an auction car. I only would pass if it was sold and serviced by the same dealer. They could then also show you all the service records.
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      08-23-2018, 07:02 PM   #12
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Quote:
Originally Posted by DanG View Post
I would still have it inspected since you said it was an auction car. I only would pass if it was sold and serviced by the same dealer. They could then also show you all the service records.
Thanks for your input! Much appreciated!
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      08-24-2018, 09:33 AM   #13
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I actually went and looked at and drove that M2 a couple of weeks ago. It was supposedly a BMW executives car on the east coast. Apparently, all those cars go to auction when the executives are done with them. It was pretty rough, the left rear wheel had been curbed pretty badly and repaired (not too well), it had a couple of door dings and a dent on the roof. It did have a clear bra installed which surprised me a bit.
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