Someone buying a used M140 from Sycamore Peterborough?

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SamM140
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Re: Someone buying a used M140 from Sycamore Peterborough?

Post by SamM140 » Wed Oct 09, 2019 6:05 pm

Invisiblename wrote:
Wed Oct 09, 2019 9:52 am
You lot are cruel!! :wink:
Did they at least give you some Vaseline first? :shock:
2019 M140 Shadow Edition

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Plus my other half’s 2007 116 cheapy project

BM13OND
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Re: Someone buying a used M140 from Sycamore Peterborough?

Post by BM13OND » Wed Oct 09, 2019 7:05 pm

SamM140 wrote:
Wed Oct 09, 2019 6:05 pm
Invisiblename wrote:
Wed Oct 09, 2019 9:52 am
You lot are cruel!! :wink:
Did they at least give you some Vaseline first? :shock:
:lol:
Current: 2016 EB M140i
Gone but not forgotten: Black E91 335d

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Re: Someone buying a used M140 from Sycamore Peterborough?

Post by BM13OND » Wed Oct 09, 2019 7:07 pm

Joking aside, I am genuinely interested to know how much of a mark up they try to make. I've spoken to a few recently and they make out that there is no margin to negotiate the price at all...
Current: 2016 EB M140i
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markm240i
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Re: Someone buying a used M140 from Sycamore Peterborough?

Post by markm240i » Wed Oct 09, 2019 7:18 pm

BM13OND wrote:
Wed Oct 09, 2019 7:07 pm
Joking aside, I am genuinely interested to know how much of a mark up they try to make. I've spoken to a few recently and they make out that there is no margin to negotiate the price at all...
Try putting in the number plates of AUC cars into some of the usual trade buying valuation sites (usually a pretty accurate reflection of what BMW would offer as a trade unless sacrificing discount on a new car). I also find it amusing that dealer cars never seem to depreciate, even when standing on the forecourt for months. I'm amazed they sell as many as they do.
Current - F21 M140i Auto, MPerf LSD, MPE, B12 Pro kit

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Re: Someone buying a used M140 from Sycamore Peterborough?

Post by BM13OND » Wed Oct 09, 2019 7:42 pm

Such as webuyanycar?
Current: 2016 EB M140i
Gone but not forgotten: Black E91 335d

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SamM140
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Re: Someone buying a used M140 from Sycamore Peterborough?

Post by SamM140 » Wed Oct 09, 2019 8:01 pm

BM13OND wrote:
Wed Oct 09, 2019 7:07 pm
Joking aside, I am genuinely interested to know how much of a mark up they try to make. I've spoken to a few recently and they make out that there is no margin to negotiate the price at all...
Quite an interesting thread on PH called ask a salesman anything...

Profit in used cars seems quite hard to define. Prep work affects it big time (salesmen often miss lots of stuff), providing a warranty costs too.

In my experience they won’t usually negotiate in the price of a used car, instead it’s the APR rate that they’ll move on.
2019 M140 Shadow Edition

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Plus my other half’s 2007 116 cheapy project

WannabeaQuandt
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Re: Someone buying a used M140 from Sycamore Peterborough?

Post by WannabeaQuandt » Wed Oct 09, 2019 9:00 pm

I got 20k (settled outstanding finance) from a main dealer for my auto sept 17 shadow edition in June this year.
Completely standard aside from an MPE and only 7k miles. They originally put it up for 23k then after a month or so it dropped 500 quid and disappeared from their website shortly after..
Previous - E87 118d M Sport SB. F20 M140i SE AW.
Current - F20 M140i SE MG.

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Re: Someone buying a used M140 from Sycamore Peterborough?

Post by BM13OND » Thu Oct 10, 2019 2:28 pm

Wow, that's less than I thought. I thought they targeted a 20% mark up so priced slightly above for wiggle room. Obviously not!
Current: 2016 EB M140i
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Re: Someone buying a used M140 from Sycamore Peterborough?

Post by WannabeaQuandt » Thu Oct 10, 2019 6:16 pm

Just checked my old emails and a screenshot of my previous cars advert. I actually got a smidge over 22k as part ex and they put it up for 24990 before reducing it by 500.
Same initial 3k mark up, I just had my base figures muddled up!
The finance deal for it was advertised as 3748 deposit and the 381 a month. Mental.
Previous - E87 118d M Sport SB. F20 M140i SE AW.
Current - F20 M140i SE MG.

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