New Member - Need Advice on Pricing for 2007 550i
#1
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Hi everyone. New to this awesome forum. I need advice on 2007 550i CPO with 10,000 miles. It is Gray with Black interior and loaded with Sport, Cold Weather, HUD, Sunshades (including power rear), NAV, Remote Key. The dealer is asking (here in VA) 42,995. I have not done any negotiations. I was thinking that an offer of 38K to 39k is reasonable. Any advice on what the vehicle is worth or what would be a good deal would be greatly appreciated.
Also, what is the best guide to use for appraising a used vehicle (NADA, KBB etc.)?
Thanks
Also, what is the best guide to use for appraising a used vehicle (NADA, KBB etc.)?
Thanks
#2
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Wow, East coast dealers sure know how to jack up the price...personally, I think your intended offer is a bit high too. When I got my 550, I used KBB's whole sale value as a price guide, then cars.com, Ebay plus other local websites for comparison. Since your car is CPO, you would also have to take that in consideration but 40K mark for an '07 550 is too much.
GL with the purchase
RCT
GL with the purchase
RCT
#3
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My Ride: 2008 bmw 550i/ 20" Work vs xx/ h & r coilovers.
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if an 08 is available in your area in that price it would be better as the mtech kit comes stock on 08 models. I got mine for 39000. fully loaded except for night vision and heated rear seats. if not that deal sounds good since it only has 10000 miles
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My Ride: 2007 550i
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I bought a 2007 550i with 34k miles for $34.5K. It has the following options.
Sports
Cold
Nav
Comfort Access
SMG
Rear heated seats
BTW it's certified.
Although this isn't apples to apples comparison but I hope it helps.
Sports
Cold
Nav
Comfort Access
SMG
Rear heated seats
BTW it's certified.
Although this isn't apples to apples comparison but I hope it helps.
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Reason it is listed for 42,900 is the considerable low mileage. I would inquire first and foremost why the mileage is so low. Additionally, you can score an LCI 08 for around this price range with normal mileage, and already get the MTECH kit, 172s, and LCI headlights and tailights. This will save you thousands if you plan to mod the car.
For me this is a no brainer. If I could do it again, I would have bought an 08 LCI without question (but I probably would be dealing with HPFP problems instead of misc. other shit on the 07 :/)
For me this is a no brainer. If I could do it again, I would have bought an 08 LCI without question (but I probably would be dealing with HPFP problems instead of misc. other shit on the 07 :/)
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My Ride: 2008 bmw 550i/ 20" Work vs xx/ h & r coilovers.
![Default](https://5series.net/forums/images/icons/icon1.gif)
Reason it is listed for 42,900 is the considerable low mileage. I would inquire first and foremost why the mileage is so low. Additionally, you can score an LCI 08 for around this price range with normal mileage, and already get the MTECH kit, 172s, and LCI headlights and tailights. This will save you thousands if you plan to mod the car.
For me this is a no brainer. If I could do it again, I would have bought an 08 LCI without question (but I probably would be dealing with HPFP problems instead of misc. other shit on the 07 :/)
For me this is a no brainer. If I could do it again, I would have bought an 08 LCI without question (but I probably would be dealing with HPFP problems instead of misc. other shit on the 07 :/)
#7
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#8
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My Ride: 07 550i Titanium Silver, Black Dakota Leather, Steptronic, Sport, Premium, Nav, Sat. Radio, Logic 7, Comfort Access, Rear Sunshade.
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The car is 3-4 years old. I would request all the service records to verify if it was serviced once each year including oil change. The most I would pay is between the NADA clean trade in and clean retail which would be $34k-$39k. GL
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My Ride: 535xi Sport
Model Year: 2009
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Hi everyone. New to this awesome forum. I need advice on 2007 550i CPO with 10,000 miles. It is Gray with Black interior and loaded with Sport, Cold Weather, HUD, Sunshades (including power rear), NAV, Remote Key. The dealer is asking (here in VA) 42,995. I have not done any negotiations. I was thinking that an offer of 38K to 39k is reasonable. Any advice on what the vehicle is worth or what would be a good deal would be greatly appreciated.
Also, what is the best guide to use for appraising a used vehicle (NADA, KBB etc.)?
Thanks
Also, what is the best guide to use for appraising a used vehicle (NADA, KBB etc.)?
Thanks