Do you agree this is a good deal?

PK8 · #1 07-16-2009, 03:24 PM

Many of you have helped me with advice in our search for an X5 (thank you!). While I've been talking to dealers as far as 500+ miles away, I've just received the following "bottom line" offer from a local dealer:

2005 X5 4.4
Remainder of CPO and Extended Maintenance (both expire 3/31/11)
56,000 miles
Highland Green/Truffle Brown
Premium
Sport
Cold Weather
Heated Steering Wheel
Rear Climate
Hitch
Tinted Front Windows
"Extra" set of winter wheels/tires
All-weather cargo mat
$21,937

Condition-wise, I'd give the exterior and interior 9/10. There have been two previous owners: 1st on a lease and the 2nd only owned for approx. 16 months. I have talked to both of the previous owners, and they each said they had no problems and loved the vehicle. BTW, according to the second owner, this dealer gave him $21,000 for the X5 in trade.

This seems like a good deal to me, and I'll most likely take it. However, I'm wondering if any of you have any thoughts/comments based on your recent buying experiences. I've read a lot of threads about people getting better deals, but those seem to deal with purchases made earlier this year when I think the used car market was hurting more than it is right now.

Thanks!

PK

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Paydirtdog · #2 07-16-2009, 07:00 PM

Sounds like a good deal and it sounds like you know what your looking for. Kelly Blue Book is going to be about 27K for that car with those options. Enjoy your new ride!

faz · #3 07-16-2009, 08:51 PM

Sounds like a good deal, especially since it has the remainder of the CPO warranty still left.

PK8 · #4 07-17-2009, 12:37 AM

Thanks, guys. We pulled the trigger on it tonight, and are very happy to have the X in our garage! Planning to order the Invision DVD players tomorrow. Looks like I'll need to update my signature, too.