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Good buy ?? 2008 BMW 550i

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Old 05-20-2015, 07:19 AM
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Default Good buy ?? 2008 BMW 550i

Hey what's up everybody i am new to this forum. I am currently considering this 2008 550i and wanted your opinion and the possible work I would need done at this mileage. Also is the price point good or too high ?

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Old 05-20-2015, 07:41 AM
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Wow price too high... there's a 08 550i on this site for 18000 with 85k on it. Nice car too its space gray
Old 05-20-2015, 07:41 AM
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Take a reed through this thread. May answer most of your questions if you read all of it.

So You Just Bought an E60 - Bimmerfest - BMW Forums
Old 05-20-2015, 07:46 AM
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Ask them if they can get you the service history. Probably not, but it doesn't hurt to ask.
If not, go to your local BMW dealer with that VIN number and ask them if they can at least read the service history (they may not be willing to print and give it to you).
Old 05-20-2015, 07:53 AM
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Oh my bad they want 19500 obo. And there's a 06 550i for 16500k look at the classifieds on this site
Old 05-20-2015, 09:15 AM
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5 Florida
Motor Vehicle Dept.
Pompano Beach, FL
Title #0100382386 Vehicle purchase reported
Title issued or updated
Title or registration issued
First owner reported
Titled or registered as personal lease vehicle
Loan or lien reported
04/11/2008 Florida
Motor Vehicle Dept.
Hilliard, OH
Title #0100382386 Title issued or updated
Titled or registered as personal lease vehicle
Loan or lien reported
Vehicle color noted as Black


Two states? Vehicle leasing companies often title a car in one state but register it to be driven in another.
03/10/2009 Florida
Motor Vehicle Dept.
Pompano Beach, FL
Title #0100382386 Registration issued or renewed
Titled or registered as personal lease vehicle
Loan or lien reported
Vehicle color noted as Black
04/17/2009 11,654 Lauderdale BMW of Pembroke Pines
Fort Lauderdale, FL
954-620-5050
lauderdalebmwofpembr
oke.com Wiper(s) replaced
One tire mounted and balanced
Oil and filter changed
06/10/2009 13,830 Lauderdale BMW of Pembroke Pines
Fort Lauderdale, FL
954-620-5050
lauderdalebmwofpembr
oke.com Recommended maintenance performed
Oil and filter changed
Cabin air filter replaced/cleaned
02/04/2010 22,681 Lauderdale BMW of Pembroke Pines
Fort Lauderdale, FL
954-620-5050
lauderdalebmwofpembr
oke.com Recommended maintenance performed
One tire mounted and balanced
Tires rotated and balanced
Washed/detailed
Brake fluid flushed/changed
03/23/2010 Florida
Damage Report Accident reported
Involving right rear impact
with another motor vehicle
Vehicle functional

Click here to get this accident report
03/29/2010 Florida
Motor Vehicle Dept.
Pompano Beach, FL
Title #0100382386 Registration issued or renewed
Titled or registered as personal lease vehicle
Loan or lien reported
Vehicle color noted as Black
05/16/2011 40,596 Auto Auction
Florida Sold at auction


Millions of used vehicles are bought and sold at auction every year.
05/23/2011 40,603 Georgia
Inspection Station Passed emissions inspection
05/25/2011 Dealer Inventory Vehicle offered for sale
05/28/2011 40,863 BMW
Certified Dealer
Roswell, GA Offered for sale as a BMW Certified Pre-Owned Vehicle
Black exterior
Blue interior
07/09/2011 40,900 BMW
Certified Dealer
Duluth, GA Sold as a BMW Certified Pre-Owned Vehicle
07/09/2011 Georgia
Motor Vehicle Dept. Vehicle purchase reported
07/10/2011 Dealer Inventory Vehicle sold


Owner 2
Purchased: 2011
Type: Personal
Where: Georgia
Est. miles/year: 14,699/yr
Est. length owned: 7/19/11 -
4/11/15
(3 yrs. 8 mo.)


Low mileage! This owner drove less than the industry average of 15,000 miles per year.

Date: Mileage: Source: Comments:
07/19/2011 Georgia
Motor Vehicle Dept.
Cumming, GA
Title #778445112009079 Title issued or updated
New owner reported
Loan or lien reported
Vehicle color noted as Black
10/24/2011 47,296 Bavarian Motor Cars
Alpharetta, GA
678-920-8220
Vehicle serviced
02/24/2012 53,667 Bavarian Motor Cars
Alpharetta, GA
678-920-8220
Vehicle serviced
09/10/2012 60,257 Georgia
Inspection Station Passed emissions inspection
09/10/2012 Georgia
Motor Vehicle Dept.
Cumming, GA
Title #778445112009079 Registration issued or renewed
Loan or lien reported
Vehicle color noted as Black
08/12/2013 64,036 United BMW of Roswell
Roswell, GA
678-832-4600
bmwroswell.com Wiper(s) replaced
Oil and filter changed
Engine checked
Engine electrical system checked
Brakes checked
08/31/2013 Georgia
Inspection Station Passed emissions inspection
09/03/2013 Georgia
Motor Vehicle Dept.
Cumming, GA
Title #778445112009079 Registration issued or renewed
Loan or lien reported
Registration updated when owner moved
the vehicle to a new location
Vehicle color noted as Black
11/22/2013 70,731 United BMW of Roswell
Roswell, GA
678-832-4600
bmwroswell.com Cabin air filter replaced/cleaned
Engine electrical system checked
Brake fluid flushed/changed
Oil and filter changed
12/11/2013 Bavarian Motor Cars
Alpharetta, GA
678-920-8220
Vehicle serviced
03/11/2014 76,632 United BMW of Roswell
Roswell, GA
678-832-4600
bmwroswell.com Maintenance inspection completed
Lights checked
Engine electrical system checked
06/17/2014 82,259 Bavarian Motor Cars
Alpharetta, GA
678-920-8220
Vehicle serviced
08/13/2014 85,163 Bavarian Motor Cars
Alpharetta, GA
678-920-8220
Air filter replaced
Oil and filter changed
Fluids checked
08/22/2014 Georgia
Motor Vehicle Dept.
Cumming, GA
Title #778445112009079 Registration issued or renewed
Loan or lien reported
Vehicle color noted as Black
01/23/2015 95,772 Bavarian Motor Cars
Alpharetta, GA
678-920-8220
Gear selector lever replaced
Oil pressure sender/switch replaced
Oil and filter changed
04/11/2015 98,242 Billy Howell Ford
Cumming, GA
770-887-2311
howellford.com Vehicle offered for sale
04/16/2015 Dealer Inventory Vehicle offered for sale
Old 05-20-2015, 09:16 AM
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Originally Posted by jtbgonesailing
Take a reed through this thread. May answer most of your questions if you read all of it.

So You Just Bought an E60 - Bimmerfest - BMW Forums

Thank you ! very helpful guide
Old 05-20-2015, 09:35 AM
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You're welcome! Looks like a nice 550i. If you go forward, may want to have a pre purchase inspection performed by a BMW dealer or good Indy. $150-200. Money well spent. Also have them pay particular attention to right area of impact damage to ensure it was properly repaired... All being a ounce of prevention vss pound of cure.... Good luck!
Old 05-20-2015, 12:05 PM
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Wow good info on the report..
just to tossing my 2 cents in.
The 550i that you want
08 550i
98250 k miles
$17,966. Great price
However
The 550i that's on the site I mentioned
08 550i
85000 k miles
$19,500. OBO (haggable price)

Your pick. My thought
98250 k miles - 85000 k miles = 13250 k mile diff
$17966. - $19500 obo
= $1534. Cost diff
2 questions
1. Is it worth it to pay $1524. Obo More dollars for 13250 k less miles?
2. Is it such a great deal to you to pay $1524. Less for 98250 miles and say oh shit I'm at 100k miles in 2 months of driving?
Myself I would try to see what I could haggle the $19k down to.

Or
The 07 550i with 99555 k miles for $16000 6 SP manual that's also on this site..
Don't mind me though I'm just board at work.. this is a great site

I have a jet blk 550i great car

Last edited by star69me; 05-20-2015 at 12:52 PM.
Old 05-20-2015, 12:31 PM
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Model Year: 2008
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I'd sell you my white 08 with 89k for $19500 or $21k with 3 years/30k mile warranty remaining, all maintenance up to date, actually ahead as I've already had the plug service done, and freshly aligned (there now to fix the wandering issue since it was aligned to incorrect specs) I'll even bring it to you so I can pick up a car in Dothan.


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