Used Car Negotiations during Covid

Looking to buy a 2-4 year old BMW (yes, not ozbargainers car of choice)

In this climate, how far do you think they would be willing to drop the price to get a used car out the door and off the books?

I.e are they in “survival mode” by which they want to reduce costs (car sitting there costs them holding fees ), and have cash flow coming in during this period just to stay afloat?

Or will they hold firm and won’t sell much lower than pre-Covid

Without giving too much away. Car is listed at $45k. I am curious if I could push them to $39k

Edit: not asking for how much can I buy this car. I am just seeing what first hand experiences people have had recently in negotiations and the dealers appetite to let go of a car at lower margins

Comments

      • You could use these other carsales as a tactic to push the dealer down in price. The market is this but you are here…

  • -1

    Few people give a Rats about Mercs - even pre Covid.
    Better cars Around with longer warranties much less money.
    No prestige on a flatbed truck - again.
    Post warranty repairs and servicing and depreciation out of this world.
    Had one Merc - never again.

    • -1

      Yawn.

      • You have been warned. It has been known that if you have issues with your Merc. They will hold firm and take the hard road. That's all.

  • As mentioned previously, I went to have a look at this car over the weekend and then offered to buy (no subject to anything) this morning.

    https://www.pre-owned.mercedes-benz.com.au/details/2016-merc…

    Offered $45,000 (as a initial offer, wasn’t saying anything like “take it or leave it”, just that I would like to offer this and will pay deposit immediately)

    Essentially got laughed at, no counter or even a “I’ll call you back if we can do something” or “I think that’s too low for us, but I’ll call you back”.

    So that was that.

    I didn’t think that was unreasonable. But maybe sales are still hot

    Ohh well, onto the next one

  • By the way I spent about an hour with a Merc salesperson. Total waste of time. That car was sitting in the car lot for ages. Didn't want to negotiate. I walked. Merc sales are you know what. Pks. ImO

    • Makes sense though. There's decent demand for these vehicles so if they can afford to wait out couple months and earn thousands more then why wouldn't they.

      • I was looking at the Bclass which I would have thought no one would even look at. Also the version I looked at was a bit more sporty looking and not in the demographic of the typical buyer of that car. Merc loss. Went to BMW.

        • Bclass
          sporty looking
          Maximum power: 100 kW

          Scratches head. Good you didn't get one, but shame went even worse.

          • @Hybroid: For my wife as family mobile. Yeah. I didn't really think I missed a deal. It was no deal. Waste of time.

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