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Trading 01 530 for 07 530

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Old 12-11-2009, 03:46 AM
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Originally Posted by SergeyM' post='1071869' date='Dec 10 2009, 10:17 PM
Would not it cost less to lease a new 530 every 3 years? Lets say $650 per month fixed expense, no repairs, no maintenance, nothing!

Ordinarilly, yes. However, my wife puts about 26,000 miles a year on a car. Leasing is not an option.
Old 12-11-2009, 05:07 AM
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Originally Posted by AP Sales' post='1071745' date='Dec 10 2009, 08:42 PM
Are you mad at the dealer for doing their job (buying and selling cars), or just upset because you didn't negotiate better? Plus, you know they aren't going to get their ask for prices.
actually quite ambivalent about the whole thing, i was just providing an example of how much wiggle room there is on some used cars.
Old 12-13-2009, 06:22 PM
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[quote name='PrairieDog' date='Dec 8 2009, 09:11 PM' post='1070574']
Have an 01 530. Bought in 03 as CPO with 30K miles. Currently has 197k.

Thinking of trading for an 07 530 CPO with just under 27K miles.

Can take advantage of 0.9 APR and BMW pays first two payments.

Dealer asking $34.9k for the car, which I think is a little on the high side.

It has premium pkg, steptronic, comfort access, sport seats, nav, satellite radio, logic 7. Silver with gray interior, anthracite maple wood.


Pulled the trigger on this car on Friday. Paid $32k. Financed at 0.9 APR and BMW pays the first two payments.
Drove it around all weekend. Car is very smooth and rides very well. Very happy so far.
Old 12-13-2009, 08:54 PM
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Pulled the trigger on this car on Friday. Paid $32k. Financed at 0.9 APR and BMW pays the first two payments.
Drove it around all weekend. Car is very smooth and rides very well. Very happy so far.
If you're happy, don't worry ... be happy!!

Good luck with your new to you 530!
Old 12-13-2009, 09:03 PM
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Originally Posted by PrairieDog' post='1070574' date='Dec 8 2009, 10:11 PM
Have an 01 530. Bought in 03 as CPO with 30K miles. Currently has 197k.

Thinking of trading for an 07 530 CPO with just under 27K miles.

Can take advantage of 0.9 APR and BMW pays first two payments.

Dealer asking $34.9k for the car, which I think is a little on the high side.

It has premium pkg, steptronic, comfort access, sport seats, nav, satellite radio, logic 7. Silver with gray interior, anthracite maple wood.

Car is in excellent conditon, no scrathes, two very small door dings on the rear passenger door.

Dealer just got in about a week ago and it has just been certified.

The main concern I have is the dealer changed the engine lifters due to noise. I looked the car over before it went in for CPO maintenance and heard a ticking sound from the engine. Popped the hood to verify. Salesman told me since the lifters were changed, the ticking sound went away. I will test drive the vehicle tomorrow to verify.

Read on another forum about people having this lifter problem. The fix seems to be a replacement of the cylinder heads at a cost of $9k. Which would be covered under warranty. Some people even had their engines replaced because of this.

Questions:
1. What do you think of the price? I was going to offer $31k.
2. Has anyone else heard of this problem with lifters? If so, what has been your experience with trying to get fixed.

Pay 30k.
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