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Sedans BMW 7-Series BMW 7-Series 2007+
161 messages, Last post on Nov 22, 2009 at 7:09 AM
You are in the BMW 7-Series Forum. Your Hosts are pat & karens
Have "opportunity" to buy 2007 750i fully dressed out, has 130 mile, never registared. The problem in my mind is the car is three years old with the introduction of the 09 model. The asking price is $69k, now the question is what is it worth. Any insight would be appreciated.
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Replying to: blsts (Aug 30, 2008 2:36 pm) So looks like you have room here to negotiate. I'd certainly opt for the extended warranty if you plan to keep the car for any length of time. |
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I'm thinking about buying a 2006 used 750i Luxury--not sure what the "Luxury" entails within the car. My concern is that it's at a BMW dealer but it's NOT certified. The dealership is closed right now so I can't contact them to find out why it's not certified. They have other cars there that are certified. I looked the car up on Carfax and it's had one owner in GA which that is where I'm planning on purchasing the car. My question is why would a 750i not qualify for a CPO? Also, it has 43K miles on it, but it was bought in August 2005. So that's less than 15K per year. Does anyone know the true value of a non certified BMW? I know that a non CPO is cheaper than CPO, but how much cheaper should it be? How many miles will this car last? 100K? 150K? Of course this car will be maintenanced at a BMW dealership at every service intervals. Can I get an extended warranty on a non CPO car? What is the average cost to have the car serviced? According to Carfax, in February 2008 the front and rear brakes pads and rotors were replaced? Should I expect other wear items needing to be replaced soon? One thing that caught my eye on the Carfax report was at the last dealer service date it just says "Vehicle serviced; seatbelts checked." Would this might have meant the car was in some type of an accident? I live in the southeast. In fact, I used to work at BMW manufacturing in SC. We make the Z4, X5, and now the X3 in 2010. Any other suggestions before I decide to purchase this car would be of great help and greatly appreciated. Thanks in advance for your assistance!
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Replying to: kspain (Aug 31, 2008 6:54 pm) if you check ebay motors http://tinyurl.com/5qsmdw you will see there are a big bunch of them .. and some are priced in the low 30s.. thats cheap, there were 75-80K and now 35K. they lost 40K in 3 years depreciation. wow ! I would say most of them are coming off 3 year leases. and have been sold to auctions. while talking to a dealer, he suggested that best would be to get a car which has not run out of warranty and then buy 4 year 85 K or 100 K additional warranty. I ran some quotes of warrantydirect.com and for a 49K 2006 car it came like 3000$.. not bad. as that will cover most of the big ticket item repairs so , how would this deal be. we pick up a 750i for say 35K and add the warranty. and have peace of mind for next 4 years? also what I want to know if some one can give me a approximate figure of the servicing required for a 2006 for the next 4 years. ONLY for routine maintenance. taking it from 50K to 90K. BRAKES 300-400 bucks a year ?. 2000 for 4 years. 60K servicing.-a dealer told me it cost 1600$ what else. say tires. 600-800 each 3 years? 90 K servicing. ? 2000 more add another 1000 unforeseen ? hence will it be . 7000 ballpark ? any comments. thanks in advance. JK Dallas TX
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Replying to: jkutti2000 (Sep 03, 2008 5:44 pm)
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Replying to: kspain (Sep 04, 2008 2:45 pm) Wouldn't the money-saving plan with the most BMW official warranty coverage be to buy an 06 750i , not the more expensive 750iL, with a entered into service date of say January, 06 and the CPO coverage? You'd get 3.5 more years of BMW warranty coverage. On the other hand, I can't help but think that the economy isn't going to get any better and used 7 Series prices will take a hit this fall when a re-styled 7 Series makes its debut and the current 7 Series will no longer be the current style. Finally, for anyone contemplating a 7 Series who lives in New England, we should factor in a complete set of winter tires and wheels. A package from the TireRack could easily hit $1500!
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Replying to: blckislandguy (Sep 04, 2008 6:56 pm) |
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Replying to: blckislandguy (Sep 04, 2008 6:56 pm) but you see. the 81 cars or so you see on EBAY. ie. nationwide. the exodus of 750 2006 models which have come up. they are mostly. lease returns. and I have browsed thru most of them. they all are put into service july-Aug.2005 time frame. Hence if we want a jan -apr 2006 model. it will have to be from a private party or a lease breaker.. Also, the CPO warranty. ? I dont thinK see it on any lease returns. Why would a leaser be even offered CPO. hmm. I think it is some thing they can add only if the seller agency is a BMW dealer?
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A large local newspaper would like to speak with consumers who currently own or had owned a BMW 7 Series since the 2002 model came out. The reporter wants to discuss topics such as the Bangle butt and the iDrive. If you are interested in speaking to the reporter, please respond to ctalati edmunds.com with your daytime contact information no later than September 15.
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Replying to: jkutti2000 (Sep 05, 2008 4:47 am) I wonder what it costs the BMW dealer to CPO a 7 Series? Maybe $1500 in paperwork with BMWNA plus whatever parts and labor is required? But since all BMWs come with free maintenacne you would expect that all the cars coming off lease would be up to snuff maintenance wise. I think you can snag a fairly good low mileage 2006 750i or 750iL for 41K. Thats got to be a better deal than a new 5 Series for 50K.
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