E60 Discussion Anything and everything to do with the E60 5 Series. All are welcome!

Trade-in 550i for M6- Yay or Nay?

Thread Tools
 
Search this Thread
 
Old 01-29-2011, 05:10 PM
  #1  
Senior Members
Thread Starter
 
ktlocklear's Avatar
 
Join Date: Oct 2008
Location: B-Ham, AL
Posts: 1,185
Likes: 0
Received 0 Likes on 0 Posts
My Ride: '06 550i '84 Nissan S12 Turbo
Default

So while my 550 was in for service the other day, I decided to waste time by walking through the For Sale lot. Huge mistake, as I stumbled on a '07 M6 with only 35k miles on the odo.
It is Sapphire Black with a carbon fiber roof, and black interior. It is in mint condition with one small door ding on the rear fender arch, which is all I could find.

2 things I don't like.....not CPO, but is covered under factory warranty until Dec. It passed CPO, but I guess it costs too much to CPO a M6? That's what the salesman said anyways. There are options for extended warranties through BMW, so there are options it looks like.
Second thing I don't like is they low balled me big time on my 550. Offered $17,300 for it....makes me sick, because I know they'll turn right around and list it for $25k+ I have no idea what KBB says.....I'm about to look.

Other than that...it is flip'in sweet!

Now for the big questions.....is there anything to be cautioned with with a M6? Any issues with them, etc?

My wife is on board, so we may pull the trigger, unless I get some negative feedback here. The dealer is closed tomorrow, so we have a day to decide.

Thanks for any feedback
Old 01-29-2011, 05:42 PM
  #2  
Contributors
 
skeeter's Avatar
 
Join Date: Dec 2008
Location: Temecula, Ca
Posts: 2,306
Likes: 0
Received 0 Likes on 0 Posts
My Ride: '10 Switzer "Ultimate Street Edition" GT-R
Default

Do it! M6 are so sexy...I like them more than a m5!!
Old 01-29-2011, 06:12 PM
  #3  
Senior Members
 
Munich77's Avatar
 
Join Date: Aug 2008
Location: DC area
Posts: 473
Likes: 0
Received 0 Likes on 0 Posts
Default

Awesome car...check the m5board.com and read around. I think BMW does not allow them to CPO M series. I would do it .
Old 01-29-2011, 07:02 PM
  #4  
Contributors
 
luigi524td's Avatar
 
Join Date: Dec 2007
Location: The State of Southern NJ!
Posts: 5,972
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Munich77
Awesome car...check the m5board.com and read around. I think BMW does not allow them to CPO M series. I would do it .
Not so ... but Certified M6 might be rare ... heck M6s may be rare anyway!

http://www.bmwusa.com/standard/conte...delsearch.aspx

ex. BMW of Mamaroneck NY has an 08 M6 convertible for Mid $60s
Old 01-29-2011, 07:27 PM
  #5  
Senior Members
 
houbmw's Avatar
 
Join Date: May 2006
Location: Houston, Texas
Posts: 1,174
Likes: 0
Received 0 Likes on 0 Posts
My Ride: I have a 2007 Black Sapphire BMW 530i with SMG. It has the auburn interior, has PDC, Sports Package, Premium Package, rear automatic sunshades with manual side sunshades, 35% black tint, Upgraded angeleyes from Angelibrights, and Logic 7 Sound System
Model Year: 2007
Default

just make sure you can handle the gas bill per month lol.
Old 01-29-2011, 07:39 PM
  #6  
Contributors
 
swajames's Avatar
 
Join Date: Jan 2005
Location: San Jose, California, USA
Posts: 4,119
Likes: 0
Received 0 Likes on 0 Posts
My Ride: 2008 Porsche 911 Carrera S Convertible. Midnight Blue, 6 Speed.Retired - 2007 997 Carrera S, Midnight Blue, Grey leather, premium audioRetired - 2007 550i, Monaco Blue over Beige, Navigation, Logic 7, Cold Weather Pack, Comfort Access, Sport Package
Model Year: 2008
Default

If the deal works - and if I were you I'd see if I could get the M6 CPO'd and the trade-in on your car increased as part of the negotiations - that M6 is a significant upgrade. I'd certainly be interested to learn why the car was not CPO'd and I'd probably think about getting a pre-purchase inspection done.
Old 01-29-2011, 07:48 PM
  #7  
Senior Members
 
e60.teamegypt.4's Avatar
 
Join Date: Jul 2010
Location: Connecticut
Posts: 317
Likes: 0
Received 0 Likes on 0 Posts
My Ride: m54
Default

you probably dont need anyone else to tell you, but M6s are BOSS
Old 01-29-2011, 07:54 PM
  #8  
Contributors
 
luigi524td's Avatar
 
Join Date: Dec 2007
Location: The State of Southern NJ!
Posts: 5,972
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by swajames
If the deal works - and if I were you I'd see if I could get the M6 CPO'd and the trade-in on your car increased as part of the negotiations - that M6 is a significant upgrade. I'd certainly be interested to learn why the car was not CPO'd and I'd probably think about getting a pre-purchase inspection done.
That's a good point ... maybe something in its history that prevents it (accident history, etc) ! Doesn't make it a bad car but I wouldn't wander into pre-owned M waters without a life-preserver !
Old 01-29-2011, 08:51 PM
  #9  
Senior Members
 
aresh's Avatar
 
Join Date: Jan 2008
Location: Long Island NY
Posts: 865
Likes: 0
Received 0 Likes on 0 Posts
Default

Dont do it! The m6 is fast, but for me, my 550i is fast enough but that is after a bunch of mods. The gas mileage will tear you apart on the M6 and ofcorse other factors like insurance etc. Not to mention getting 17k is ridiculous.
Old 01-29-2011, 09:07 PM
  #10  
Senior Members
 
bens1088's Avatar
 
Join Date: Dec 2009
Location: Bay Area / Santa Barbara / Florida
Posts: 373
Likes: 0
Received 0 Likes on 0 Posts
Default

lol I'll give you 17.5k for your 550


Quick Reply: Trade-in 550i for M6- Yay or Nay?



All times are GMT -8. The time now is 03:33 PM.