Hi,
I am looking into a deal for a 01' silver BMW 325i that has 47k miles on it (1 owner). The guy is asking $19998 and is not willing to reduce the amount. This is my first car so I am really confused. I checked the carfax report and there are no accident, lemon history etc. But there is not a detailed odometer reading (just one at 12 miles, is this a problem?). Is it worth going ahead with the deal?
Also could you please tell me I should look at when I go there?

Thanks in advance.

Too high, I got my facelifted sedan for that amount and less miles. What packages does it have on it? I would say 15-17k if in excellent condition with sport package.

Depending on where you are located the local market will dictate the value of the car.

The Carfax is not a problem. In fact I would not rely on Carfax too much, it is only a giude. If things are not reported to them, then it will not show up on their database. I have had a car that was in 2 accidents (one major) and not a single thing showed up on Carfax/Autocheck two years later when I traded it in...

I would keep looking for a better deal.

Goodluck,
Riaz

i bought same car for 1600 at 48k

I bought the same Silver 325i (leatherette seats, sunroof and 6-way power seats) with 72,000 miles in Jan 2005 for $15,200.