It seems like they are offering around 10k off MSRP. I don't know what deals can be had nowadays but getting one for near invoice seems reasonable which is around 5k off MSRP. Was it a dealer courtesy car, did one of the dealer employees use it for themselves or did it have a lot of issues and the previous owner just wanted to dump it? Some of this information can be found but I find it suspect that the car is being sold only after one year. I rather be patient and get a killer deal on a new one, you get the full 4 year warranty and know exactly what the history of the car is.

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03 M5
05 X5
01 RX300