
i purchased my '03 X5 4.6is online, sight unseen from a dealership in Boston. similar situation as Silver_X5. the only difference was, i had a friend living there; so, i asked if they wouldn't mind checking it out for me first. i had them ship it to me and it was just as promised.
however, on the other hand, i had a friend purchase a van from someone online and it took over 4 months and the threat of a lawsuit to get the title in hand.
i think it what it comes down to is the relationship u build w/ that other person. yeah, there are people out there that will take advangtage of u, but if that other person is going above and beyond, i'd feel safe doing business w/ them. if ur interested, i can even give u thename of the dealership. good luck!