Last week a customer bid on this classic BMW 8 series coupe and it passed on his bid of 345,000. (He bid the highest but the reserve price was higher).
The minimum offer to negotiate after the auction was 460,000. He considered offering this but we advised him to wait a week as sellers often set high reserve prices but lower them gradually if the car doesn’t sell for a few weeks in a row.
Success. Just one week later we bought the car for him right on his original bid (345,000). Luckily he took our advice and saved around US$1000.
We are proud to help all customers get the best deals possible.
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Buyers Beware
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