First attempt to buy a 5 series falls flat
#12
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Joined: Oct 2009
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From: SF Bay Area
My Ride: 550i
Model Year: 2008
#13
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Joined: Aug 2007
Posts: 5,765
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From: MPLS, USA
My Ride: 10 Honda Fit Sport, 10 Honda Pilot Touring
Originally Posted by vikingshelmut' post='1049915' date='Nov 8 2009, 12:23 AM
I 100% agree (which is why I'm not willing to offer $40k)
#15
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Joined: Dec 2007
Posts: 8,998
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From: St. Louis Burbs, USA
My Ride: 2007 530i. Purchased 6/28/07. Titanium Silver Metallic, Black Dakota Leather, Dark Poplar Trim, Steptronic, Premium Package, Cold Weather Package, Bluetooth, Adaptive Control Xenons. 10/30/07 Added OEM 124s with 245/40/18 & 275/35/18 Michelin Pilot Sport A/S tires. Installed red Cal Covers� from BavAuto. 11/21/07 Added OEM all-weather floor mats (for winter, carpet in summer) and coat rack. 6/26/08 installed M5-style rear spoiler. 6/30/08 put on red reflectors. 8/22/08 Euro turn signal stickers applied. 3/20/09 Installed Shadowline Trim. 3/27/09 Added Matte Black Kidney Grilles from Trinity. 4/03/09 Installed Bimmian Shadow Matte Black 530i Badges. 4/04/09 Installed LED license plate lights from Trinity. 5/01/09 Installed Brabus Interior LED Kit and White Angel Eyes. 5/02/09 Put in Brabus 6K Fogs. 5/14/09 Removed charcoal filter. 5/15/09 Installed light smoke LED side marker lamps from Trinity. 5/21/09 Sprint Booster. 6/12/09 Painted exhaust tips flat black. 6/13/09 Pulled red Cal Covers and painted calipers low gloss black. 6/27/09 RPI Ram Air Scoop from Trinity. 8/15/09 Installed Brabus's silver invisibulbs front and rear. 9/24/09 Installed R-Dash license plate LEDs from Brabaus (John).
It's just one car.
#16
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Joined: Sep 2008
Posts: 2,718
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From: Massachusetts, USA
My Ride: 2006 525XI, Jet black on Dakota beige. Premium and winter packages. I consider myself a purist and intend to keep my car absolutely stock and shiny.
2008 328I Convertible, Sapphire black on beige interior. Premium package, NAV, iPod adapter.
Retired: 2002 325I, Titanium silver on black leather. Premium package. Absolutely stock and proud of it.
Originally Posted by vikingshelmut' post='1049876' date='Nov 8 2009, 12:23 AM
So I went to test drive and make an offer today on a 2007 550, and my visit didn't go as well as I was hoping (they didn't accept my offer). I was honest and fair, and I guess it just wasn't meant to be. Looking at the CPO checklist and repairs, all they did was replace the rear brakes and change the oil. The car has more than 30k miles, and has never had the tires replaced or anything else (at least not according to the service records). It seems like the $ they put into the car was minimal yet the premium they were asking was excessive. I can't be 100% sure, but I think I know what they paid for the car at auction, and they were asking $7k above that. During negotiations he told me at least 8 times what the blue book value of the car was (don't care) and that the CPO warranty ads $4k to the value of the car. I may be new around here but that sure seems crazy.
Maybe I'm being unreasonable, but I'm willing to wait for the right deal instead of letting someone else dictate the terms. Maybe next time.
Maybe I'm being unreasonable, but I'm willing to wait for the right deal instead of letting someone else dictate the terms. Maybe next time.
Armed with this knowledge, my suggestion is to keep on looking for you ideal car throughout the month and then show up around the 29th or even the 30th of the month, see which of the cars on your list are still available, make it clear to them that you're ready to buy a car for the right price and let the negotiations begin. G/L
#18
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Joined: Jun 2009
Posts: 2,799
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From: Los Angeles
My Ride: F90 M5 Singapore Grey Executive package blacked out grill, body matched paint
Model Year: 2019
Originally Posted by turboawd' post='1050053' date='Nov 8 2009, 10:00 AM
just buy dranged's car and pocket the savings.
#19
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Joined: Oct 2007
Posts: 11,084
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From: Thousand Oaks, California
My Ride: 2008 550i Jet Black on Black Leather, SAT with Paddles, Logic 7, Comfort Seats, NAV, Sport Package, PDC, Xenons, Sirius, Trinity 12W LED Angel Eyes, RPi GT Exhaust, M rear spoiler, ACS Roof Spoiler, Tinted Tail Lights, Bimmian Carbon Fiber Pillar Trim, Bimmian Shadow 550i emblem, RPi Scoop, E60 Forum Cling, Mtec bulbs in fog lights, Mtec 2W LED for License Plate Light Bulbs, K&N Filter, Bimmian LED Smoked Side Markers, Blackout roundels, Carbon Fiber Kidney Grills.
Retired Rides - 1989 325i convertible, 1995 M3, 2002 X5, 2005 545i, 2008 X5 (Lemon)
Well I hope you end up in an E60 soon!