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      04-18-2007, 06:51 PM   #6
VGR00
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Australia
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Drives: 430i Gran Coupe
Join Date: Feb 2007
Location: Brisbane - Australia

iTrader: (1)

Depreciation will always affect a cars value even if you buy it 1 year old. the secret is to buy smart. When I recently bought my 6 month ex-BMW loaner 320i M-sport with s/roof and metalic, they had a window price of 70K. No trade allowed me to negotiate that to 62K drive away. I financed at realistic figures and not at what the dealerships think. 4 years with 25% residual should have me in a comfortable position to get out of this car. The dealer said 4 years 50% and I told him it would be lucky to be worth 40% at retail and he reluctantly agreed.

buy smart, ensure you finance realisticly and enjoy.
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