Sounds like too much $ to me. I just bought a similar X5 from a BMW dealer for $32,900 less then 1 month ago. 100k BMW certified warranty and most options except NAV. It was off a 1 person lease who put 47k miles on it. Carfax report showed everything.
Good luck in your search. Be patient, and you will find the right one.
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Originally Posted by zeemax
I found a 2002 X5 4.4i, dark grey with black leather, 48,500 miles, sport package, navigation, sunshades, premium wheels. Very good condition, lease return bought from Riverside auction, price is $34,000 (down from 35 grand). Should I go for it? Also, for peace of mind what warranty plan / company is kown to be reliable? Thanks! 
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