Quote:
Originally Posted by bmwx5er
From wholesale auction prices. KBB trade-in is a good estimate for wholesale price. This car was likely bought by the dealer for about $30 - $31K. Add another $2.5K for dealer cost (CPO, reconditioning, etc.). If they installed new tires, add another $1000. You're looking at about $34K in total dealer cost. Up to you to pay whatever you consider a decent profit for the dealer.
The CPO inventory currently is very thin because the lease returns for 2013 models came in almost a year ago, so that kind of limits your options.
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Agree. Options are limited for these cars.
KBB shows $40.3k for this car priced cpo'd from the dealership. Also shows up as a "fair deal" (below market price) on Car Gurus. You can speculate about what you think the dealer paid for it, but it was traded in on a Porsche by a coal tycoon out of WV.