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Old 02-18-2010, 01:26 PM
Thunder22's Avatar
Wait... what?
 
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Quote:
Originally Posted by RJRDenver View Post
I disagree slightly on the comment about paying 10-15k more for something new vs. going with a CPO. In my case, I got a 2008 with 17k miles on it and paid almost 30k less than it would have been brand new. Its fully loaded with every imaginable feature. The depreciation that occurs in the first three years is horrible and so that's what makes CPO attractive. You are right that you must find a good ride while doing so, but it only took me about 4 weeks from the time I decided I was going to pull the trigger. My factory warranty is still good for 2 more years and then I get the CPO warranty for an additional 2 more years or 100k miles, so I essentially got the 4 year warranty that a brand new model would come with. My previous X5 was also a CPO purchase. I'll continue purchasing CPO well into the future because of the benefits and cost savings.
Wait ..... You got a 2 year old X5 with 17k on the clock for $30k less than the original MSRP? I just checked Edmunds and 08 V8's with under 30k miles on them are going for ~$60k.
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