Friend is looking at a 2015 X5 50i.. Need help with price

[krisnetaji]

A friend of mine is in the market for a new X5 50i. He found a DEMO car with 1000 Miles on it. $80,149 Sticker. Has Drivers Assist Plus, Exec Package, M Sport.

[Doanster]

Minimum of 10% off IMO. Key thing to look into is when the car was punched/put into service. It's technically a used car so your buddy will not get any incentives or extra rebates like CCA $1K, etc. Use that to his advantage to negotiate. Depending on how particular he is about the condition of the paint, he should go over the car in the sunlight and make sure they correct any defects as part of the deal. Not a lipstick detail job, but paint correction if it's needed.

[krisnetaji]

Originally Posted by Doanster

Minimum of 10% off IMO. Key thing to look into is when the car was punched/put into service. It's technically a used car so your buddy will not get any incentives or extra rebates like CCA $1K, etc. Use that to his advantage to negotiate. Depending on how particular he is about the condition of the paint, he should go over the car in the sunlight and make sure they correct any defects as part of the deal. Not a lipstick detail job, but paint correction if it's needed.

They have similar one that is brand new with 5 miles. What would be the price difference between the 2.

Car has not been punched.

[pdawg]

Try to get 8% off. Depends on your region. some areas X5 sales are so hot they have no incentive to give good discounts.

[F15GorDe]

Should be in the 8-12% range off their price.

[Doanster]

Originally Posted by 14M5

They have similar one that is brand new with 5 miles. What would be the price difference between the 2.

Car has not been punched.

What is it being advertised for currently? That'll determine how much more to negotiate. For comparison, before I bought my car, there was a fully loaded demo 35d that had 3K miles (used by the GM's wife) that they were advertising for 10% off before any negotiations. Knowing that it was a daily driver, toting kids around car, they were motivated for sure. It sold pretty quickly, though. It was gone the same week I bought my CBlack.

[krisnetaji]

Originally Posted by Doanster

What is it being advertised for currently? That'll determine how much more to negotiate. For comparison, before I bought my car, there was a fully loaded demo 35d that had 3K miles (used by the GM's wife) that they were advertising for 10% off before any negotiations. Knowing that it was a daily driver, toting kids around car, they were motivated for sure. It sold pretty quickly, though. It was gone the same week I bought my CBlack.

Hadn't really listed a price. CA just told him it's available and has around 1000 miles on it.

[jlstyle]

Demo is considered as a new car with less time on the warranty hence the discount. Usually about 10-12% is negociable. But since so low on miles I think 9-10% sounds about right.