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Originally Posted by Scott in Cincy
The price is a little high. Some states (like CA) have a ton of vehicles out there, and usually you can find better deals. In other states, (like OH), there might be 2 cars to choose from in a year.
It's all a money game, if they said they'd sell it to him CPO for $52k and gave him 20.5 for his trade would say that's an ok deal? They're adding money to his trade in order to make the deal where they want it.
According to www.galves.com, the car you're looking at wholesales for $45ish, so you're definitely not going to get it down below $50k CPO, because the dealer probably had to put tires, brakes, and the warranty on it.
I don't think you'll do much better than another grand or two with this one. If you like it, and you can afford it, feed your need  If you overbuy, heck, you just kept the values up for the rest of us. |
I agree with Scott....the money will either be added to the trade or taken from the sticker.
I think you can do better but even if you were just buying the 4.8 (no trade in) you probably won't get in for much below 50K.
Here a similar 2005 CPO 4.8 at a local reputable delaership for 55K sticker - 49K or so would seem a good place to end up.
http://www.fmwestbmw.com/details.htm...-83l1163105950
There are lots of X5's out there, take your time and maybe look outside your area where the inventory may be greater. What is the in service date - it could be as early as Oct./Nov. '04 - something to bear in mind as it starts the clock on the warranty.
On the other hand if you like the car and haggling over a few K is not worth it to you then go ahead and do it.