Newbie... need some pricinh help

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Jan 21, 2008 | 04:46 PM

Dutchie in NC

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Joined: Jan 2008

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From: Charlotte, NC

I am a newbie here (normally posting on Rennlist, since I drive a 2003 911 Cab). However, looking to add another daily driver, so I can rotate. Also, even though the kids (3 and 5) do fit in their boosters in the Porsche, it is a bit tight (I am 6.3). Hence, have been lurking around for a BMW 5 series.

Found a local trade-in at our MB dealership... 2007 530i. Was first registered in May 2006, 19K miles, premium package, cold weather package, and some other nits and nats. $54K sticker.

So this is the story. Drove the car last week and went by again this AM and they had already moved the car on the truck to ship it to (I believe) West Palm to auction it off. They got it off the truck and back to the dealership and I drove it again. Really like it, so it is now all about price. I have him down to $37,650, which is what he believes he can get for the car at auction. What do you think about that price?

Need to decide tonight/tomorrow AM, else it will be off to the auction. Appreciate your input!

Jan 21, 2008 | 04:50 PM

Rip

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From: Palm Springs, CA

My Ride: 2008 550i Sport Package w/ Paddle Shifter, Navi, Logic7, Comfort Access....Carbon Black/Black Dakota

Youre getting almost a dollar per mile driven discount.....buy it and sell it for a profit and get the 550....hahah

Jan 21, 2008 | 05:29 PM

CWS530

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Joined: Dec 2007

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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 Coversï¿½ 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).

Quote:

Originally Posted by Dutchie in NC' post='520980' date='Jan 21 2008, 07:46 PM

No doubt the price is right, so long as the car is straight. I'm sure you can verify at KBB. Since time is an issue, IMHO, your best bet would be to run it over to the local BMW dealer for a lift inspection first thing in the morning. While there, in addition to the physical inspection, have them run the VIN to see that all service is in order and to determine what the car has had as far as BMW repair work, if any. Since it's under warranty, it most likely has been dealer serviced, so it will show in the car's record regardless of where it was originally sold. Get a Car Fax and Auto Check report--the seller usually will provide these free, as often times they generated them for themselves when they took the car in on trade and/or before they send it to auction. If all checks out and it's clean and accident free, I think you've got a keeper at that price. Good luck.