Home Forums Articles How To's FAQ Register
Go Back   Xoutpost.com > BMW SAV Forums > X5 (E70) Forum
Fluid Motor Union
User Name
Password
Member List Premier Membership Search Today's Posts Mark Forums Read

Xoutpost server transfer and maintenance is occurring....
Xoutpost is currently undergoing a planned server migration.... stay tuned for new developments.... sincerely, the management


Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 07-19-2010, 06:16 PM
Member
 
Join Date: Jan 2007
Location: Arlington, VA
Posts: 273
bd3500 is on a distinguished road
Deal or no deal?

Hello Everyone,

I am considering a CPO 2007 X5 3.0 with:

Premium Package
Technology Package
Rear Entertainment DVD
Rear Climate
Front Heated Seats
3rd Row Seating
Sirius
iPod

CPO Warranty is until 6/14/2013. Dealer is asking $38,988 for it. Space Grey exterior / Black nevada leather interior.

What do you think? Deal or no deal?
__________________
Previous: 2002 X5 3.0 / 121,000 miles
Current: 2007 X5 3.0si / 93,000 miles
Reply With Quote

Sponsored Links

  #2  
Old 07-19-2010, 06:51 PM
Member
 
Join Date: Jan 2010
Location: So SoCal
Posts: 34
Sea Doom is on a distinguished road
Better have almost no miles on it for that price! I.e. NO DEAL.
Reply With Quote
  #3  
Old 07-19-2010, 09:48 PM
ard ard is offline
Member
 
Join Date: Mar 2006
Location: Sierra Foothills, California
Posts: 6,730
ard is on a distinguished road
What was the original invoice price for that car in 2007?

Subtract off 50 cents per mile, or $5-6k per year.

Remember KBB and Edminds are scams- their 'trade in' prices are what retail should be.

An here is THE MOST IMPORTANT ADVICE YOU WILL RECEIVE: Do not rely on the CPO as the 'inspection'- get your own done at an independent shop... too many cpos are cosmetic BS, done simply to allow a dealer to charge more. great warranty, but that it all you can count on. Do your own PPI.

A
Reply With Quote
  #4  
Old 07-19-2010, 10:06 PM
Member
 
Join Date: Jan 2007
Location: Arlington, VA
Posts: 273
bd3500 is on a distinguished road
Thanks! Great advice.

I am in the DC area and I have found 3 X5's but the dealers are not moving much on price even though they all know that I have been to 4 different dealers. They come down about 2k out the gate off the Internet prices listed on their website, but not much more.

Here's what I'm now considering:

2007, BMW X5, 3.0si

Miles: 33,060
Colors: Space Grey / Black
Options: Automatic Trans, Premium Package, Technology Package, Rear Entertainment, Cold Weather Package, 3rd Row Seating, iPod/USB, Sat Radio, Running Boards
Factory Maintenance Until: 04/18/2011, CPO Warranty Expires: 04/18/2013
They were asking $42,000 but went down to $40,000. I noted to the sales rep today that there was damage to the passenger side front tire side wall from it appears hitting a curb. He said they would look at. Now doubt they were going to try to sell this as CPO.

Any pointers in terms of getting these dealers lower?
__________________
Previous: 2002 X5 3.0 / 121,000 miles
Current: 2007 X5 3.0si / 93,000 miles
Reply With Quote
  #5  
Old 07-19-2010, 10:10 PM
Member
 
Join Date: Jan 2007
Location: Arlington, VA
Posts: 273
bd3500 is on a distinguished road
Quote:
Originally Posted by ard View Post
What was the original invoice price for that car in 2007?
Original invoice price for the car was $59,720 which includes $775.00 destination fee. 33,060 miles puts us at $43190 if I assume correctly?
__________________
Previous: 2002 X5 3.0 / 121,000 miles
Current: 2007 X5 3.0si / 93,000 miles
Reply With Quote
  #6  
Old 07-19-2010, 10:35 PM
Member
 
Join Date: Mar 2006
Location: Minnesota
Posts: 475
bigx5er is on a distinguished road
I bought my 2008 with similar equipment for 53K back when BMW was offering the large incentives. So for me, 40K for a 2007 with those miles is no deal. Trust me, if it was the other way around they would kill you on that as a trade.

My best negotiation strategy is always to make sure they know you have other options and when I am ready to buy, I tell them I am giving my best offer and will buy that day.

Make sure you check the condition of the tires. If they are the originals, expect to be replacing them very soon. That will cost you another $1000+.
Reply With Quote
  #7  
Old 07-19-2010, 10:40 PM
Member
 
Join Date: Jan 2007
Location: Arlington, VA
Posts: 273
bd3500 is on a distinguished road
Thank you, this is good.

What should be a reasonable offer for a CPO 2007 X5 with 30k miles be? I looked at the service records for this X and it was a 3 year lease, 10k miles per year.

I realize dealer has to pay around 2k to get it CPO'd but looking at the tires etc, they didn't replace much (if anything at all).

Thanks,

- B
__________________
Previous: 2002 X5 3.0 / 121,000 miles
Current: 2007 X5 3.0si / 93,000 miles
Reply With Quote
  #8  
Old 07-20-2010, 01:52 AM
ard ard is offline
Member
 
Join Date: Mar 2006
Location: Sierra Foothills, California
Posts: 6,730
ard is on a distinguished road
Quote:
Originally Posted by bd3500 View Post
Original invoice price for the car was $59,720 which includes $775.00 destination fee. 33,060 miles puts us at $43190 if I assume correctly?
Really, invoice was 59k or MSRP?
Reply With Quote
  #9  
Old 07-20-2010, 06:04 AM
Member
 
Join Date: Jan 2007
Location: Arlington, VA
Posts: 273
bd3500 is on a distinguished road
Sorry, you are correct, it was MSRP.
__________________
Previous: 2002 X5 3.0 / 121,000 miles
Current: 2007 X5 3.0si / 93,000 miles
Reply With Quote
  #10  
Old 07-20-2010, 09:48 AM
BGM's Avatar
BGM BGM is offline
Member
 
Join Date: Jul 2007
Location: Chicago, IL
Posts: 1,830
BGM is on a distinguished road
I don't see how this is a bad deal. Most CPO '07 4.8's are going for mid to upper $40K's. And this is a 3.0.
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On





All times are GMT -4. The time now is 04:44 PM.
vBulletin, Copyright 2024, Jelsoft Enterprises Ltd. SEO by vBSEO 3.6.0
© 2017 Xoutpost.com. All rights reserved. Xoutpost.com is a private enthusiast site not associated with BMW AG.
The BMW name, marks, M stripe logo, and Roundel logo as well as X3, X5 and X6 designations used in the pages of this Web Site are the property of BMW AG.
This web site is not sponsored or affiliated in any way with BMW AG or any of its subsidiaries.