Is this a good deal?
#12
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I was able to negotiate a 2008 BMW 550i for $31,500 so I'm wondering from everyone on this board if this is a good deal or not.
Color: Plat. Gray/ Black Leather (really wanted space gray but I guess I can't be too picky)
Mileage: 44k Miles
Sports Package with Paddle Shifters
Comfort Access
Cold Weather
Nav w/ Real Time Traffic
Xenon
Still has manufacture warranty and maintenance plan till 4/2012 or 50k miles and has CPO till 4/2014 or 100k miles. The warranty is what sold me but wanted to ask the pros on the board if it's a decent buy.
Thanks
Color: Plat. Gray/ Black Leather (really wanted space gray but I guess I can't be too picky)
Mileage: 44k Miles
Sports Package with Paddle Shifters
Comfort Access
Cold Weather
Nav w/ Real Time Traffic
Xenon
Still has manufacture warranty and maintenance plan till 4/2012 or 50k miles and has CPO till 4/2014 or 100k miles. The warranty is what sold me but wanted to ask the pros on the board if it's a decent buy.
Thanks
#13
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I bought my 2008 550I with pretty much the same options with 40,400 miles and paid 37k. I shopped the entire country and could not find a 550I for that price unless it had a salvage title. I would jump all over that car at that price if everything checks out but it sounds fishy.
#14
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My Ride: 2008 550I,Space Grey,Hud,Cold Weather,M - Sport, matched GP Thunder headlights and Fogs,,Smoked Badges, Night Vision, Heated Seats,Rear Sunshades, Aux Audio, SAT, NAV, Black Grills, Sprint Booster, Dinan Cold Air, Stage 2 Dinan Software.....More to come soon
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After you do your hmework and everything checks out OK.....do not miss it it is a pretty good deal!
#15
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Did you pick up that 550i. I have found a similar deal. Just need to work in the cop but not sure if I want this over the 535i. The 550 looks much better but is it worth the extra fuel costs.
#16
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My Ride: 550i
Model Year: 2010
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I don't think there is much difference between 550 vs. 535 when it comes to mpg but then again I could be wrong. I personally think it all depends on how you drive the car.
The carfax and autocheck cleared with no issues. I also confirmed that it's not a salvage title. I had some at bmw confirm the options and warranty since I was buying this from a non bmw dealer. I was disappointed that it didn't have comfort access and logic7 but I guess I can't be too picky when buying used since it does have everything else I'm looking for.
07MP Sport Package
0ZCW Cold Weather Package
0ZSP Sport Package
02TB Sport automatic transmission
02VB Tire pressure monitor
0319 Universal garage-door opener
0403 Moonroof
0430 Auto-dimming mirrors
0431 Auto-dimming rearview mirror
0441 Smoker's package
04BY Bamboo Anthracite Wood trim
0508 Park Distance Control
0522 Xenon headlights
0524 Adaptive light control
0609 Navigation system
0620 Voice-command
0639 BMW Assist with Bluetooth
0655 Satellite radio w/1 year sub.
0694 CD changer preparation
0697 DVD Area coding, North America
06FL iPod and USB adapter
06UH Real Time Traffic Information
0818 Battery switch
08S4 Variable Light Decoding
08SP CO2 control
0925 Shipping package
0ZFA First aid kit
0ZFM Floor mats
The carfax and autocheck cleared with no issues. I also confirmed that it's not a salvage title. I had some at bmw confirm the options and warranty since I was buying this from a non bmw dealer. I was disappointed that it didn't have comfort access and logic7 but I guess I can't be too picky when buying used since it does have everything else I'm looking for.
07MP Sport Package
0ZCW Cold Weather Package
0ZSP Sport Package
02TB Sport automatic transmission
02VB Tire pressure monitor
0319 Universal garage-door opener
0403 Moonroof
0430 Auto-dimming mirrors
0431 Auto-dimming rearview mirror
0441 Smoker's package
04BY Bamboo Anthracite Wood trim
0508 Park Distance Control
0522 Xenon headlights
0524 Adaptive light control
0609 Navigation system
0620 Voice-command
0639 BMW Assist with Bluetooth
0655 Satellite radio w/1 year sub.
0694 CD changer preparation
0697 DVD Area coding, North America
06FL iPod and USB adapter
06UH Real Time Traffic Information
0818 Battery switch
08S4 Variable Light Decoding
08SP CO2 control
0925 Shipping package
0ZFA First aid kit
0ZFM Floor mats
#19
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My Ride: 550i
Model Year: 2010
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It's platinum gray with black leather. It's CPO'd till 4/2014 or 100k miles. It was sold to the previous owner as a CPO so from what I understand it stays with the car.
#20
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My Ride: SOLD...Jet Black 2008 550i M Sport with SAT, black interior. RPI exhaust and air scoop, 35% huper optik tint all around, CF roundels, flat black kidneys, Springfield Armory XD-40 jet black in glove box, charcoal filter removed.
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OK, no logic 7, no HUD, no comfort access - all very desirable options that would cut this car out of some serious buyers potential. But still not $5 or $6k of a price cut, I could see $2 or $3k maybe.
Having the same car in my garage right now, and debating the whole selling it thing myself, I have a pretty good idea of what this particular car is worth - and its a lot more than $31.5k unless someone just wants to unload it - but this one is sitting at a dealers lot, right? Who knows, maybe they picked it up at auction for cheap and don't know what they have - but then again that's pretty unlikely, right? I mean were talking about a non-BMW lot. They are in it to make as much money as they can, and usually more than we'll ever know.
So I'm left wondering why this is priced so aggressively. Could be a car deal of a lifetime, and like others have said its got a few months of factory warranty and is CPO'd - hell, GO FOR IT!
Having the same car in my garage right now, and debating the whole selling it thing myself, I have a pretty good idea of what this particular car is worth - and its a lot more than $31.5k unless someone just wants to unload it - but this one is sitting at a dealers lot, right? Who knows, maybe they picked it up at auction for cheap and don't know what they have - but then again that's pretty unlikely, right? I mean were talking about a non-BMW lot. They are in it to make as much money as they can, and usually more than we'll ever know.
So I'm left wondering why this is priced so aggressively. Could be a car deal of a lifetime, and like others have said its got a few months of factory warranty and is CPO'd - hell, GO FOR IT!