Purchase or Pass?
 

2011 X5d w/ 70k
Platinum Gray
Black Leather
Sport Package
Premium Package
Technology Package
Light Package
Premium Sound Package
Tow Package
Storage Package
Heads Up Display
Multi-Contoured Seats
Heated & Ventilated Front Seats
Massaging Seat
Lane Departure
Rear Climate Control
One year CPO Warranty Left

Been in talks with the owner and negotiated price to $28k. About to tell him sold but wanted to get your guys' opinion.

Thanks

Loaded diesel like that may be hard to find, and the price looks decent. I actually have never seen E70 with "Lane departure warning". I I were you I'd buy it.

Just be sure it hasn't been in any accidents that you're unaware of. Other than that, if you're comfortable with it, get it.

Clean history. Original paint. Only one small chip on a door that is hardly noticeable.

Sounds and looks pretty good. It's just when I was shopping for my 2011 X5d last November, a lot of ones in that price range and similarly optioned all had at least one accident. I was shopping at dealers and the market may have changed since then.

Be careful.......After 1/2014, CPO is not transferrable unless you buy from dealer or pay a transfer fee.

Why wouldn't you buy it? CPO should give you the added reassurance you need.

Talked with my advisor today and he said I should have no problem transferring warranty. I have to call BMW NA next week to confirm.

+1....Sounds like a steal OP...I'm also in the hunt for one. I just got off the phone with BMW dealer, and the service dept said the CPO does not carry over to new owner if it is purchased from a NON-bmw dealer. Fees might apply if purchased by BMW dealer.

No brainer... GO FOR IT before someone else does!!!

2001 diesel with massaging seats and lane departure?

You may want to decode the vin and find out what is really there.

2011 Ard :)

Is this something new BMW cooked up? I've never had any issues with pre-owned CPOs I got from personal sales... and I had a few.

Slow down there ARD. :)

Anyways. I pulled the trigger and came to an agreed price with the owner. Car will be transported and should have in about 2 weeks.

only downside is a diesel.. can they check for carbon

Congrats, good choice http://www.xoutpost.com/images/smilies/thumbup.gif

Some of us consider it an upside ;)
How do they check the [turbo] gas engines for carbon or N62 for big carbon clogged SAS channels in the head :dunno:

Some of us consider it an upside ;) [/QUOTE]

If such an upside, be nice if held there trade value.
Sent an online quote estimate. My 13, 11,000 mile diesel
offer was under half what paid. Appraiser for dealer sent
a note saying the diesel was not as desirable. as 3.5i or V8.

They have all the repair records, which probably figured into the estimate.

A dealer told you that the 3.5i or V8 was more desirable than the diesel? Is this the same dealer that gave you an appraisal of less than half what you paid?

This was an online appraisal so this dealer didn't even look at the vehicle and it is a dealer's job it is to sell vehicles for profit. A dealer may low ball you to give them more negotiating room and it is very unlikely that this online appraisal is what they would actually pay in the end. I'm not surprised that a dealer told you that your vehicle was not as desirable as other models and then gave you an appraisal half what you paid.

The only way to know for sure is to compare the actual SELLING price for these different vehicles. They could say a lot about desirability. It is the very rare car that ends being an investment and by 'investment' I don't mean increasing in value, per se. It would be nice if they held their value more but I'm not surprised, I guess, and yours is only one dealer's appraisal.

If such an upside, be nice if held there trade value.
Sent an online quote estimate. My 13, 11,000 mile diesel
offer was under half what paid. Appraiser for dealer sent
a note saying the diesel was not as desirable. as 3.5i or V8.

They have all the repair records, which probably figured into the estimate.[/QUOTE]

Actually they do hold their value, more so than the V8 or 35i. I've spent months looking for the right diesel and can tell you I could have easily picked up a M Sport 35i or 50i within my budget or below. Not to mention this is real world research not some online KBB or similar service telling you values. A couple years ago when diesel was more expensive than premium it really wasn't beneficial but today those numbers are drastically different and diesels are in fact becoming more desirable.

My wife and I just did a road trip to Zion and Bryce. We took our 08 civic 2dr and got a solid 34 mpg. Very respectable. Being in the mutual fund business I wanted to do some number analysis and compare total fuel costs of the civic vs a diesel X5 and guess what, costs were nearly exactly the same. Don't know about you but if I can drive a large and comfortable 5200lb X5 for the same cost of a civic, I'm going to choose the X5.

I think the problem here is you have bad information and have since developed an opinion based on that information. I think if you did the extensive amount of research I have done or just watched the market for a month, you'd have a different opinion.

Actually they do hold their value, more so than the V8 or 35i. I've spent months looking for the right diesel and can tell you I could have easily picked up a M Sport 35i or 50i within my budget or below. Not to mention this is real world research not some online KBB or similar service telling you values. A couple years ago when diesel was more expensive than premium it really wasn't beneficial but today those numbers are drastically different and diesels are in fact becoming more desirable.

My wife and I just did a road trip to Zion and Bryce. We took our 08 civic 2dr and got a solid 34 mpg. Very respectable. Being in the mutual fund business I wanted to do some number analysis and compare total fuel costs of the civic vs a diesel X5 and guess what, costs were nearly exactly the same. Don't know about you but if I can drive a large and comfortable 5200lb X5 for the same cost of a civic, I'm going to choose the X5.

I think the problem here is you have bad information and have since developed an opinion based on that information. I think if you did the extensive amount of research I have done or just watched the market for a month, you'd have a different opinion.[/QUOTE]

The main thing -- Where a person is located. Gas is cheaper here
always has been compared to diesel. Diesel in the passenger field
is F250, duramax and cummins. Farm/ranch trucks. You see few diesel
cars. They don't make sense for the extra cost. On the road the best
my X will do is 21-22 mpg. The dealer ran an diagnostic and no codes
or problems are coming back even after performed repairs on the
diesel emission. Nothing more can do till code shows up. Just like gas
motors some do better than others.

So they will low ball yes, but when no market for
the vehicle why would they take a risk. They have the means to
trade within there network and could maybe transport the SUV to a
more desirable location. When brought the vehicle, salesman said
they had to take on a dealer swap. Lookers but no takers. I did
because they had a large diesel credit applied. Now its not such a
good deal. This dealer will send out emails every so often if interested
in trading. It may be KBB or Black Book ?? but the reply comes back
from the dealership. LOL my X has been in enough they know what
it looks like.

So where your located, diesel makes sense, here its as if
running on coal. The repair hassle is a killer.

I can agree that location can determine whether diesel makes sense or not however what your find in the metropolitan areas and the suburbs of those areas is that diesel is around $.30-.60 cheaper than regular gas.....at least in the entire southern part of California. Thise savings add up but of course everyone's use of a car/truck will differ so it might not be for everyone. Since this will be used as a road trip vehicle and the occasional weekend cruiser with our friends, it makes perfect sense, for us.

All that being being said lets get to the other point I hear you stating, maintenance costs. Frankly it sounds like you got yourself a nightmare of a truck on your hands, maybe even a lemon. If you are in the dealership that often I'd be talking with BMW about a buyback. If you know about the 35i, the 4.8i and the 50i, you'd know each has their issues so no X is perfect by any means. For me the 35i lacks torque and really the ability to handle towing a decent load. The 48i on the other hand has more torque but is plagued with valve stem seal issues which can be very costly let alone it doesn't get great gas mileage. Lastly, the 50i. Where do I even start......the engine on these models is a nightmare and talking with a friend who has actually rebuilt one, these are going to be very expensive to fix as they age. Sure they have an unofficial recall that can be done but what happens after that? I do love the power but again, fuel consumption and maintenance costs are extremely high in the 50i. When looking at the costs, the 35d is typically a solid and very reliable drivetrain that's been around for years. That doesn't go without saying it doesn't have its issues but overall the 35d is the better buy in all my research based on my needs.

Good buy. Europe runs on Diesel... so must be good. Heck, even Vin Diesel runs on diesel, so that tells you something LOL :D