First Time BMW?
06-26-2012 | 07:25 PM
#1
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Joined: Jun 2012
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Have an opportunity to purchase our first BMW. Private dealer is selling an 08 550i Sports Package with 74k miles for $26k. Very clean, runs great, non-smoker, clean interior and 1owner.
AutoCheck and VinInspector are both clean. Reduced from $33k, but has been sitting in his warehouse sine he purchased from auction in GA last year.
Looks like a good deal and the car looks great. Should I purchase? Should I purchase an extended warranty?
AutoCheck and VinInspector are both clean. Reduced from $33k, but has been sitting in his warehouse sine he purchased from auction in GA last year.
Looks like a good deal and the car looks great. Should I purchase? Should I purchase an extended warranty?
06-26-2012 | 07:30 PM
#2
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Joined: Aug 2010
Posts: 948
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From: Ct
My Ride: 04' 545i, Sport Package, Black, Active Xenon, ARS, Aux Input
'10 Tahoe, Black on Black, leather, Nav/XM, 20" tires, full body kit, power 2nd row, loaded
'93 Jeep Wrangler, lifted 4.5", 33" meats, Rampage Recovery Bumper w/Tire Swing, etc
25' Aquasport Osprey, Center Console,2012 200 HO Etec
7k is a big drop... why has it sat so long? Undesirable color combo? Hidden damage? Mechanically unsound?
Buying a BMW is like any other car - use due diligence and get it checked out by a reputable shop/dealer that knows BMW's...
Buying a BMW is like any other car - use due diligence and get it checked out by a reputable shop/dealer that knows BMW's...
06-26-2012 | 07:46 PM
#3
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Joined: Jun 2012
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Its white with tan interior. He confirmed what I discovered via research before I looked at vehicle. He is losing money sitting. In garage. Talked to a BMW specialty shop and will do an inspection for 95 dollars.
06-26-2012 | 08:30 PM
#5
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Joined: Sep 2010
Posts: 903
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From: SoCal
My Ride: 07 530i Mystic Blue
To me, sitting in the lot undriven for 6+ months is a long time. Check KBB, cars.com, autotrader.com to see what comparable cars are selling for in your area. I would also advise you to get a second opinion from a BMW shop to see if the car has any issues. Further, dont trust soley on those Autocheck/Carfax reports as they can exclude accident reports.
06-26-2012 | 10:50 PM
#6
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Joined: Nov 2011
Posts: 924
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From: Los Angeles, CA
My Ride: 2008 AW N52 with sports package & premium package; natural brown interior
MODs:
Orion V2s
3000K H8 Yellow Fogs
Matte Black Kidney Grills
20" Miro 111
Hankook V12 Tires
H&R Sport Springs
Special coding via Simon (dbl flash hazards, digital velocity, etc.)
LED Side Markers from Trinity Autosports
LED License Plate Lights from Trinity Autosports
Carbon Delete
BMC Air Filter
RPI Scoop
RPI GT Exhaust
Future MODs:
Mtech Kit
KW Variant 2 Coilovers
CIC Retrofit
Upgrade Audio System
To me, sitting in the lot undriven for 6+ months is a long time. Check KBB, cars.com, autotrader.com to see what comparable cars are selling for in your area. I would also advise you to get a second opinion from a BMW shop to see if the car has any issues. Further, dont trust soley on those Autocheck/Carfax reports as they can exclude accident reports.
