Bought a California single owner CPO 2006 4.4L loaded (has everything but the heated steering wheel, heated rear seats, comfort seats, and rear seat heaters) for $29k on New Years Eve for $29k, 0.9% financing, with BMW making the first two payments, and service contract up to 100k mi (less tax, title, and registration).

I think Ca cars seem to command a higher price than the rest of the country, but I think given the current economy $27k shouldn't be a problem.