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Old 07-31-2009, 09:02 AM   #2
Big Evil
 
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Name: Big Evil
Title: Moderator
Status: Offline
Join Date: Nov 2008
Location: Tempe, Az
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Your Ride: 1994 BMW 525i, 1987 325is, 1986 325
Properly maintained and not abused 300-500 IS a normal life expectancy for these cars. Blue book round here is just under 9000 so the price isn't out of line provided all the service work is done, everything works and there are no cosmetic blemishes at all (documentation provided). Price drops about 3g's otherwise. The hang up is going to be the financing, lots of buy here pay here dealers sell you the car "cheap" but the when you get your monthly or bimonthly payment, add up all of your payments and you end up paying like 12 grand for a car that's worth 5 and if you miss payments, they repo it and when you can't pay the full amount due they re-sell the car to someone else and you still owe the money. Take a calculator do the math, if the payments add up on total to over 9 grand your not getting a good/fair deal per book value. Don't know the laws in WA but if you ask the right questions here you can really screw with the used car guys.
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Big Evil, The BMW driving monster of the American Southwest (Currently on BMW #5)
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