My e53 was totaled this morning. Moving to an e70.
 

Well--I guess things don't always come out as planned as I was going to keep my baby ('01 3.0 with only 107K miles) until next year and then decide but I was in a slow moving accident where it rolled. I will post pics on the e53 board when I get a chance. Main thing is I was ok and nobody else was hurt. So, as much as I adore my new Camry as a rental I should be getting a check from Allstate for my car I'm guessing for around $12K. So, my options are as follows:

1) Buy new with the $12K down---either 50i with 20"s optioned out at $68K or go the lesser route and get 35i with 20"s for $62K.

2) Save the $12K and go the CPO route--I see an '08 with 18K miles, 20" wheels for $48K that has everything I need.

3) Save the $12K and go with an '09 non CPO for about $55K.

Add'l Info:
- this is a daily driver
- I am single, no kids but a dog
- my commute is 30 miles each way and no garage at work (1st job ever with no garage but I do have one at home) but we are hopefully going to start to work from home more here shortly the rumor is
- I only want Jet Black (harder to come by as Sapphire is more popular recently)

Any feedback is appreciated !

Good to read you are ok...
how did you get it to roll, at low speed?

I vote for #2, but that's me trying to
save $12Gs, vs a new ride that will depreciate
~20%+, the min you drive it away.

30 mile commute... might consider the diesel to save on gas. If you buy, you get the Eco credit of $4500 and a tax credit of $1800, so not a bad deal upfront either.

Wow glad to hear your ok. I too would like to hear how you rolled it at low speeds? I vote for any x5!

I was t-boned but I was just pulling into an intersection going maybe 10 mph--the car that hit me on the passenger side was coming into the intersection (they are a one way street into the intersection) was going about 25 mph. I use "low speed" loosely as neither car was travelling fast. I will post pics tomorrow.

As far as the suggestion on going diesel---I'm not a diesel fan + I probably will be working from home most likely soon and not commuting but 1 day a week.

Congrats on survival without injury! Another bit of proof as to the safety of these vehicles.

I would vote for #2 option, also.

Used, get a thorough PPI, buy it from someone turning in a lease or needing to get out from under and getting screwed on trade in. Then, with the 7k you save, pay $3500 for a Gold extended warranty.

Even if you cpo you should get a ppi done.

GL

A

PS I am so surprised that people value the CPO so much...weird..

I hear you on the CPO but on an '08 there is only 2 years of factory warranty and most '08s I've seen online aren't priced $7K difference between CPO and non-CPO (at least on the color and equipment I am looking for).

Private party will- make that must- adjust price. They should drop as low as say $1000 over the dealer trade in allowance. Online pricing represents 'hope'. Dealers know they are the only place for that vaunted "cpo" and will hold out for the needy buyer.

I would not own this car without an extended warranty unless you are a BMW Tech. I'll likely consider one in 30k miles.

Pics. I still don't understand how the hood got scraped and the driver's side---I think it bounced on the left side and obviously rested on the right side.

glad there were no major injuries!

you should try diesel, it comes out even cheaper than 35i SA !

Glad you are okay. Get the '09 with all you want. Still under warranty.

The E53 held up well. Glad your OK. Just a thought -- the later production 2010's and the 2011's have the updated I-drive and the nav is on a hard drive. These are both big improvements (especially the I-drive). I would go with the 2011.

:iagree: ecocredit $4500 rebate is still on till Sept 30, plus IRS rebate, plus dealer discount, plus BMWCCA rebate(if you are a BMWCCA member).

Glad you're ok. I can't imagine a car rolling!


There are also a bunch of BMW demo's that are hitting the dealers right about now that I think are good because they're a great deal but have tons of features.

Might try the detailing subforum for assistance as I think most of that will buff right out. :thumbup:

Glad you are ok. That had to be a scary moment as you realized "I'm going to tip over!" :wow: This is one reason we drive BMWs, they hold up well in crashes.

Financially, the used ones are a better deal of course, but you have to do you homework on them (Why is there a low mileage used one, for instance? Lemon buyout or did the person decided to get something else?). However, I'd look at/drive all and then see which appeals to you the most.

Single...no kids...if the diesel isn't an option, i recommend the X6 preferably 50i :D at least book a test drive...and don't hold back!

Good to read there were no injuries.

I just went through similar situation in July. Got $13.6k for my X5 with 120k miles on it. Was a 3.0 with sport package. Insurer was Geico.

I went #2 route and got a CPO. My last X5 was CPO and I would not do a BMW without it personally. I value it because my last X5 was taken in for ever little sound I could hear. All in all, had about 11k worth of stuff replaced at the dealer for free until 100,000 miles. Well worth it in my book.

eimports4less.com

Well Allstate (my insurance) called yesterday and said I am getting $14K+ for mine (3.0, Sport). Mine is an year older than yours but I only have 107K. I'm waiting on a credit union on financing---they have 2.99 for 60 months.

I won't buy a car that was driven in the North or Northeast. I have my eye on 2 in Los Angeles right now and one here in TX.

FYI - in case you don't know and are looking at CPO, 07 and 08 X5's qualify for 0.9% financing until the end of the month (not sure one the term 0.9 is good for), they also have the make your first 3 payments for you on CPO cars also, but it doesn't appear to apply to the X5, only hte financing does.

BMW North America

Yeah I know--the 0.9% is only for 24 months or you get the 3 months or you get the warranty. I think most take the warranty.

If you have good credit and put the insurance check down, you'll get a good rate. My 60 month rate for an 07 CPO was 3.19%...

I'm not going to put $14K down on a used car--I would rather pocket the money and then just do a re-fi of the loan like in a year.

Well I decided to keep the insurance check and go $0 down on a CPO. I would love to get a 50i but 1) in this economy I want to stash the money 2) I keep my cars 8-9 years and the twin turbo is not tested--too much of a risk + I've test driven one and I don't think I would have any doors left on it after a few years 3) coming from a 3.0 the 4.8 is still a big jump in performance.

I put a deposit down last night on the following at BMW of Beverly Hills--it has everything but HUD and Active Steering. Original MSRP was $75K. They had it listed at $51K and just dropped it on Thur to $48K. And they just put on 4 new run-flat tires as part as CPO and it just came in off of lease.

'08 4.8 Jet Black/Black (I only wanted Jet Black)
Only 16K miles
Sport
Premium
Multi-contour seats (never sat in them but hear they are nice)
20" wheels
Rear Climate
Heated Seats
Running Boards (I will be selling these so if anyone is interested PM me)
Premium Sound (I love music--am curious as to how the subs sound)
3rd Row Seat (I didn't have a choice in this one--can these be removed?)
Rear DVD Entertainment

The only '08 CPO in the country that is as loaded as this one is in San Luis Obispo---their price is $1K less than mine but theirs has 40K miles on it. I think I got a good deal. I will post pics once I get it.

Sounds like a great find!

I'm also glad that Allstate took care of you, and from the sounds of it, exceeded your expectations on what you'd get for your vehicle.

While you never want to see something like that happen to someone, I'm glad that your X5 took care of and protected you when you needed it the most!

Congrats on the new car!! :thumbup:

Thanks. I've had Allstate for like 16 years and they have been great. I grew up in Chicago which is where their HQs are.

Here are a few dealer pics (pics never made it online I put a deposit down before they put it out there).

Looks nice.

That is a beautiful vehicle. Congrats!