Fair price for 08 CPO 528i?
I found a 2008 CPO 528i from a dealer. Mileage is about 55k.
It has sport and premium packages with manual transmission.
Dealer is asking close to $30k, which I feel a little too much.
What do you think is a fair price for this vehicle? Do you feel $25k is lowballing?
Thanks.
It has sport and premium packages with manual transmission.
Dealer is asking close to $30k, which I feel a little too much.
What do you think is a fair price for this vehicle? Do you feel $25k is lowballing?
Thanks.
Senior Members
Joined: Dec 2009
Posts: 1,518
Likes: 0
From: 626 & 909 (Rowland Heights, CA)
My Ride: check siggg
30k is a RIP OFF! i would suggest buy an e60 from an independent dealer. make sure the e60 is still under its factory warrenty (4yr/50k) miles and then go to the dealership and buy the extended warranty then. i bought my fully loaded 08 528i over a year ago for 28k and it had 30k miles.
I did a search at BMWUSA ... http://www.bmwusa.co...odelsearch.aspx and '08 528 were being offered in the mid-high 20's and up from there [at least in the eastern USA] but all had automatics. If you set the stage for negotiation "properly" you'd lead the dealer/seller to believe than a manual transmission for that car is a 'negative' - in fact most e60 buyers would be wanting an automatic (even if the manual is more fun to drive, etc).
I'm not considering automatic at all. The trouble is I'm having very hard time finding any manual E60. I've been looking over a month in Southern California and there's very little. I never imagined it would be this hard to find one here.
Contributors
Joined: Apr 2006
Posts: 1,102
Likes: 0
From: Northern NJ, USA
My Ride: 2011 M3 Convertible, Alpine White/black, 6 speed
2011 535xi Tasmin Green, Venetian Beige
With sites like Cars.com, Autotrader and KBB, I find it difficult to imagine why anyone would have difficulty figuring out what kind of deal they're getting. Great resources for finding out what other dealers are charging.
I found a 2008 CPO 528i from a dealer. Mileage is about 55k.
It has sport and premium packages with manual transmission.
Dealer is asking close to $30k, which I feel a little too much.
What do you think is a fair price for this vehicle? Do you feel $25k is lowballing?
Thanks.
It has sport and premium packages with manual transmission.
Dealer is asking close to $30k, which I feel a little too much.
What do you think is a fair price for this vehicle? Do you feel $25k is lowballing?
Thanks.
Members
Joined: Jul 2010
Posts: 172
Likes: 0
From: Long Island, NY
My Ride: 2008 535i Monaco Blue 30k
Sport | Ipod | Nav | Cold Weather| Ipod | HUD | L7 |
i bought my 08 535i CPO 28k Prem, Sport, HUD, L7, Cold Weather, SAT, Comfort Seats for $28,500
New Car warranty until 11/2011
CPO Warranty until 12/2013 or 100k
New Car warranty until 11/2011
CPO Warranty until 12/2013 or 100k
Members
Joined: Jul 2011
Posts: 109
Likes: 0
From: NYC
My Ride: 2008 535i Alpine White w/ Gray Interior; Premium, Sports, Cold Weather; Comfort Access, NAV, iPod Adapter, Sat Radio
Upgrades: ★ OEM 166 (245/35F : 275/30R) ★ Motorcepts HID AEs & Fogs ★ License Plate LEDs ★ 35% Tints ★
Wish List: MTech Kit : Matte Black Kidney Grilles : R1 Concepts / Hawk Brake Kit : Blacked-out Orion Headlights
Senior Members
Joined: Oct 2008
Posts: 308
Likes: 0
From: Long Island
My Ride: 535XIT Space Gray, Cream Beige LeatherCold Weather, Premium, Auto, Rear Side Window Shapes, Heated Rear Seats, Park Distance, Navigation, Satellite Radio
Model Year: 08
I want to buy my car at the end of the lease and the dealer is telling me that the cpo cost is $4,000 does that sound correct?


