A couple of quotes:

"Just say no."

"Friends don't let friends buy BMWs."

On Mon, Jan 25, 2010 at 5:03 PM, Donald Snook <dsn...@mtsqh.com> wrote:

> I have a dilemma.  I found a 2000 BMW 528i with only 58,000 miles that a
> friend of mine is selling.   The Loan value is $8400 (retail is $11,900).  I
> had a friend of mine who is at a dealership check the auction prices.  These
> same cars are bringing $6-6500 at AUCTION with around 60-70,000 miles.
>
> It is very clean and in great shape EXCEPT, it has a scrape on the rear
> fender/bumper where the seller scraped their brick mailbox.  It doesn't look
> terrible. But, in order to make it perfect, it will have to be painted
> because the scratch is into the paint.  The car has been serviced at the
> local dealer since it was new; I called the dealership to confirm the
> service history.  It had the big expensive service deal done at 40,000
> miles.  The last oil change at the dealer was done in June of 2008 when it
> had 56,000 miles. Its a one owner car.
>
> The seller wants $7500.  But, we haven't even tried to negotiate.  My indy
> (who also sells cars at his shop) says I should try to buy it for no more
> than $6000.  I am really torn because it is a very nice car with low miles.
>  But, I don't need another car payment (I owe money on my Wife's
> Expedition).  I might be able to turn around and sell it quickly.  In fact,
> my indy says he could put it on his lot and sell it for $7500 pretty
> quickly.  OR, do I buy it and drive it and try to sell my car?  My car
> (which I really like) would probably only sell for about $4000.
>
> Donald H. Snook
>
>
> --
> OK Don
> Panic! (the national past time).
>
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