[Dvdman]

I like the M package, interior, and options, but feel like it's a little high with 25000 miles. I haven't bought a BMW in 10 years so maybe I'm off. They want $4200 for Taxes and $2700 estimated fees. So they want about $55.2K or $60,937 or $61K total with taxes out the door. Does this look about right? Any opinions appreciated.


https://www.cargurus.com/Cars/invent...3/NONE/DEFAULT

[mraheemuddin]

It's a little high. I'd say closer to $52k would be about right.

[mraheemuddin]

Check this deal out: https://www.billjacobsbmw.com/invent...r6c0xm9h41535/

[Dvdman]

I feel like the miles are high. I get the taxes, but are the fees of $2700 expected too? I haven't bought a car in a while.

[markslc1]

Just say no to the extra fees. Doc fees shouldn’t be more than $300

[Mattl0806]

Pretty lightly optioned car…

No DAP, no exec package, no updated seats. I’m not sure if it even has HK stereo?

Options trade at a significant haircut to their retail value in the secondary market, I.e I used fully loaded car will be about the same price as a used lightly optioned car.

Unless you need a car now, I’d wait for a more well optioned car.

[LDT]

Originally Posted by mraheemuddin

Check this deal out: https://www.billjacobsbmw.com/invent...r6c0xm9h41535/

Hey mraheemuddin Did you buy the white one yesterday?

[LDT]

Looks a bit light on the must have options (DAP) and a bit high priced.

[BlkGS]

Originally Posted by Mattl0806

Pretty lightly optioned car…

No DAP, no exec package, no updated seats. I’m not sure if it even has HK stereo?

Options trade at a significant haircut to their retail value in the secondary market, I.e I used fully loaded car will be about the same price as a used lightly optioned car.

Unless you need a car now, I’d wait for a more well optioned car.

I disagree some. Some options trade pretty close to or over their initial cost. DAP for instance, M sport seems to as well.

That said, this is a base car priced like it was highly optioned. I think it's way overpriced, and frankly, I think a very undesirable car. I would pass and.find one that's equipped better than a rental.spec Kia.

[Mattl0806]

Originally Posted by BlkGS

I disagree some. Some options trade pretty close to or over their initial cost. DAP for instance, M sport seems to as well.

That said, this is a base car priced like it was highly optioned. I think it's way overpriced, and frankly, I think a very undesirable car. I would pass and.find one that's equipped better than a rental.spec Kia.

There are very few that hold their value. M sport and DAP are definitely 2 and might be the only 2 . Generally speaking tho - if you add in all the other stuff - multi contour , upgraded leather, executive package, massage seats etc —- the discount you’d get on all these options should collapse the original msrp delta between loaded and barely optioned but quite a large amount

This is verified when you got to a site like kbb to value a used car. They will only ask if you have 2-3 main options that have held their value.That’s it.

[mraheemuddin]

Originally Posted by LDT

Hey mraheemuddin Did you buy the white one yesterday?

We're actually going tomorrow to finalize the deal, went ahead and placed the deposit. Thank you, I'll keep you guys updated!

[masab321]

My preference to buy a used CPO X5 40i was following:
1) max options
2) max warranty duration

I was able to get 21’ with M-sport, Exec pkg, DAP, parkin asst pkg, luxury seating and HK sound system at 53K (38k miles).

Mileage was a little high but I wasn’t able to find a low mileage fully loaded around 50k.

[BlkGS]

Originally Posted by Mattl0806

There are very few that hold their value. M sport and DAP are definitely 2 and might be the only 2 . Generally speaking tho - if you add in all the other stuff - multi contour , upgraded leather, executive package, massage seats etc —- the discount you’d get on all these options should collapse the original msrp delta between loaded and barely optioned but quite a large amount

This is verified when you got to a site like kbb to value a used car. They will only ask if you have 2-3 main options that have held their value.That’s it.

I don't disagree, you're not gonna get the full purchase price of most options back. But a desirable car full of options will trade for a big delta to a poorly equipped one.

KBB isn't gospel, it's intended to be a general guide (and really is a tool to tell you that your car isn't worth as much, and the dealers car is worth so much more).

Either way, this one is priced too high, and a well equipped car shouldnt be much more, if any.

[Dvdman]

I think I am going to get this one. I got him to knock off $2K. All the used X5s here have light wood trim and the brown interior. I am not a fan of the brown leather inside. I like the M look. White and black X5. Most of the SUVs had many features I didn't need like massaging chairs. Maybe brown interior is the new style. It's strange how so many have it. Thanks everyone!

[mraheemuddin]

Originally Posted by Dvdman

I think I am going to get this one. I got him to knock off $2K. All the used X5s here have light wood trim and the brown interior. Not to knock brown interior, I am not a fan. I am very picky. Most of the SUVs had many features I didnt need like massaging chairs. Thanks everyone!

Which one are you looking at again?

[Dvdman]

I am just saying the look I am going for is black and white. It seems many of these used X5s have the brown interior or the wrong trim I am looking for. Maybe brown is the new style. I don't care for it. There are so many used X5s but it's hard to find the perfect one. Maybe I am being to picky for a slightly used X5. I would wait until the perfect one.

Originally Posted by mraheemuddin

Which one are you looking at again?

[BlkGS]

You can't be too picky when you're spending $50k plus. That's a lot of money. Get the car you want.

[Dvdman]

That's exactly what I was thinking. If you are spending that amount, get the perfect X5.

Originally Posted by BlkGS

You can't be too picky when you're spending $50k plus. That's a lot of money. Get the car you want.