Quote:
|
Originally Posted by roboboy
I ended up giving $31,500 for it. They were asking $32,995. I could've haggled a bit more I believe, but I was tired of shopping around. 
The headlight lens covers were a little fogged, so I negotiated - A professional to polish the lens to a "new look", and if not happy, then
- Replace both headlights w/ new lenses
And I made him put it down in writing. LoL I'm taking it into the dealer tomorrow to have the headlight work done, and get the steering volume controls fixed.
I ended up financing about 11K, and got the 2.9% BMW financing since it was a 2004+ CPO vehicle.  So, I ended up w/ a pretty sweet "no brainer" deal (I believe anyway).
Hopefully no one will post that they purchased an identical one for < $30K.
I also looked at an identical one at a local chevy dealer (also w/ 42.5K miles on it), and they were asking $29,900 with no warranty whatsoever.
They attempted to sell me their GM Warranty ($3750) but I new better.
Evidently, they were actually upside down on that car. They showed me the invoice where they purchased it at the auction, and they paid $31K and change. Guess that's why they've been sitting on that X5 for over a year.  |
Roboboy,
It sounds like you got an ok deal considering you purchased from a BMW dealer. I got really lucky and found my 3.0 at a Lexus dealer. I paid only $29,500 and that was on 10/10/06 w/ 25k miles, xenon, pano, rear climate, sirius, heated front seats, and best of all - it still had 2 years/3 months on the factory warranty. FLAWLESS condition. Asking price was $32,900 - I think they broke even(since I paid the trade-in price) It was a great deal but I got lucky to find it - just 3 months prior, I almost paid $5k more for the exact same X5 and mileage.
Great deal on the financing and nice to hear you were prudent by purchasing pre-owned(CPO) and only financing 11k.
Btw, BMW factory warranties are excellent - you'd be surprised at what it will cover. Don't hesitate to mention anything that is mechanically or cosmectically wrong with your X5. You might be surprised what it will cover. BMW recently replaced the interior fabric on the front pillars that hold up the roof. Here's a link to my recent post re: the BMW warranty.
blue dog
Memphis