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going rate for 08 550i at auction?

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Old 07-26-2010, 09:28 PM
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hi everyone,

first time posting but long time reader. I'm interested in a 08 550i CPO. Just curious on what these cars are going for at mannheim lately? Majority of CPO 08 550is start around $45K. Any chance of getting these closer to $35-40K now that the F10 is out? Thanks for you help!

Regards,
Mike
Old 07-27-2010, 03:12 AM
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Picked up mine 2 months ago fully loaded minus night vision and heated rear seats but got the extended warranty for 39000. It had 36000 miles on it.
Old 07-27-2010, 03:43 AM
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Auction report from the Manheim dealer auctions

going rate for 08 550i at auction?-aucrep.jpg
Old 07-27-2010, 05:12 PM
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My Ride: 2008 BMW 550i Sport
Model Year: 2008
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I just bought my 2008 550i for $38,200, w/ 28k miles on it. Has sport/prem, Nav, PDC, iPod/USB hookup, comfort access, pwr rear sunshade, and sport auto transmission. It's not CPO, but when the time comes, I'm considering getting a good 3rd party warranty (e.g. Fidelity, Mercury, etc).

From what I've seen the auction prices are between $36k - $39k...depends on condition, mileage, options, etc.
Old 07-28-2010, 12:08 AM
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Thanks everyone for your replies. Looks like Los Angeles dealers put some nice padding on their pricing. Interesting to note that in the Mannheim list, only 2 popped up from Riverside. Maybe that's why the pricing is higher here?

Dishoom - that's a nice price for all the options you have. That's pretty much along the line of options I want to get as well.
Old 07-28-2010, 12:42 AM
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i realize alot of people on this site are dealers...o.O... including me LOL
Old 07-28-2010, 03:38 AM
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Originally Posted by mike_c70
Thanks everyone for your replies. Looks like Los Angeles dealers put some nice padding on their pricing. Interesting to note that in the Mannheim list, only 2 popped up from Riverside. Maybe that's why the pricing is higher here?
It is supply vs demand. I'd imagine 550s to be a little higher on the west coast, yes. But you should still be able to find a deal
Old 07-30-2010, 10:43 PM
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I got my CPO 550 last month for $37K. Sport, Prem, Nav, PDC, Shades, Comfort Access, 43K miles. I watched it go from $44K down to $37K, then I jumped. It's a buyer's market right now!
Old 07-31-2010, 12:03 AM
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Not sure what region you're in but here's SouthEast
Attached Thumbnails going rate for 08 550i at auction?-mmr-national.jpg   going rate for 08 550i at auction?-mmr-southeast.png  
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