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Originally Posted by DillonInCO
Wellll as luck would have it, I just found a manual trans sport package, and it's exactly what I want. It's at a BMW dealer in NJ---quite the trek for me, but man, is it nice. It's a 2004 (6-speed!), pano sunroof, cold weather package, etc. Being that it's at a BMW dealer, where it has been serviced its entire life, I assume I wouldn't need to have a PPI done. And it's a one-owner with only 101K miles. The catch is...it's out of my price range (dealer site says $15K, and they've already dropped the price from $18K). But...I don't know, I could probably make it work. They also have it listed on eBay at a starting price of $10K with 0 bids, so maybe I could talk them down. However, NADA says $14,700, so probably not much.
Can anyone comment on how much wiggle room there might be as far as price goes? Also, is there anyone on here who lives in NJ and would be willing to check it out for me? It's in Newton. One more thing, can anyone comment on the durability of the 6-speed vs. the 5-speed?
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I live 40-45 minutes from Open Road BMW of Newton, I'd be willing to check it out but my schedule doesn't leave a lot of time. I saw that silver X5 on ebay a couple weeks ago.
In my opinion, it might be tough to get them down to your price range, if they gave a lot of money on the local trade in to get the previous owner to buy a new vehicle, they may not be willing to let it go cheap, and would rather sell it at auction than take too much of a loss.
I agree, 15k is still rather steep considering it is over 100k miles (nothing for a M54), but trust me, the manual X5's don't fly off the shelf unless someone is looking for one. No "Saturday shopper" is going to randomly walk in the dealership and buy a 10 year old X5 with 100k miles for 15k if it has a stick.
Dealers don't really use NADA as far as I knew, more on black book value, but again, you don't know how much the dealer "showed" on trade in value to the previous owner, and how much of a deal on the new car they gave to the guy to get him to trade it in. A lot of times there isn't much wiggle room on the newer cars so they will give more in trade to get them to buy the car that day.
This weekend is shot for me but I might have an evening next week I could take a ride up to Newton for you. I checked the ebay pics and it looks clean to me, pm "Naz24" he is also local and has dealers license, he can look up the carfax/autocheck report to get the vehicle history for you.
EDIT: I didn't see you said its listed on their website at 15k. If it is, I think you have some room there, they obviously want to move the car and see that its not easy to sell, as they have already dropped the price 3k in just a few weeks time. Dealers hate when cars sit. If its clean, I'd offer them a reasonable deal, and also just caught that you said its a one owner car, if that is so, good news as well. One owner cars are USUALLY cared for well, and as we know in the "manual transmission" club, we all care for our 3-pedal machines as they are special E53's. Sounds like a nice car.