Last post on Jul 28, 2013 at 1:08 PM
You are in the BMW 5-Series
What is this discussion about?
BMW 5 Series, Car Buying, Sedan
#191 of 400 Re: 2000 528i Sports Wagon [Boaltie91]
Dec 14, 2008 (3:41 pm)
First off, I'd want to have the car inspected by a good BMW tech. I'd also want to see the service history. 5 Series of that vintage can last a long time if properly maintained, but they do not tolerate benign neglect. Brake fluid must be changed every two years and the coolant should be replaced every 3-4 years using only BMW coolant. I change the ATF and final drive oil every 50K miles, but BMW only calls for a ATF change every 100K. At 104K the car you are looking at should have the radiator and water pump replaced if they haven't been swapped out already. The serpentine belts and idler pulleys also need to be inspected. The front suspension may need a few bushing and/or tie rod ends within the next 20K. The engine should last at least 200K before requiring a rebuild and the tranny should go at last 150K- and probably much longer. Join the BMW Car Club and let local members help you find a good dealer and/or indie BMW tech. Most dealers and BMW shops offer up to a 20% BMW CCA discount on parts and or service. And you can always ask any other questions right here, of course.
Dec 15, 2008 (7:10 am)
What do you think of this deal: 2007 530i, 18K miles, car went into service APR08, warranty runs to Apr 2014. First they were asking $39,900, now drpped to $36,900.
I want to offer OTD $34,000, tops. Car is pristine looking, haven't test driven. I want to get a commitment from them first we're in the ballpark. One owner, traded the vehicle in for a 7 series. I like a good solid car, I keep them like 9 years, so I figure this car isn't going to cost me a dime until 2014 outside of purchase.
I hear the 5 series is a top rated model, is that correct? I'm torn over this or the Lexus RX, but Lexus doesn't make my heart beat like a BMW, currently driving a 96 328i with 105K miles. Also purchased in the CPO program, have had good results with it.
Any advice from a pro is appreciated!
Gardis in CT
Dec 15, 2008 (10:28 am)
I'm hardly a pro, but I'l give it my best shot...
The price doesn't sound bad, but why not ask over at "Real-World Trade-In Values" over on the "Smart Shoppers" board? You might also go to the BMW USA site and do a CPO search for similar cars.
Note that the free service ends at 4 years/50000 miles. That said, my dealer charged less than $400 for the Inspection II(60000 mile) service. If you plan to keep the car I'd change the oil every 7500 miles and change transmission and final drive oil at 50000 miles. I don't know how long brakes last on the E60 5ers, but you will probably have to replace them at least once. Still, when all's said and done service costs should average $60-$70 per month over the 9-10 years you own the car.
Dec 21, 2008 (4:32 pm)
Can anyone offer some guidance on prices paid for CPO v's prices originally listed by dealer. With new cars its seems a little easier to guage the market. For CPO's I was curious on any insights in negotiating with a dealer. I'm looking at a 5 series BMW sedan (say 525 or 528), probably 2007 year model with low mileage.
#195 of 400 Re: CPO Prices [duncan66]
Dec 22, 2008 (7:07 am)
Check the prices on ebay, cars.com,autotrader etc. You can search for your model/year and check the lowest asking prices for cpo units. There are a few deals but you may have to travel to get them. Most used bmw postings are are way too high but if you look carefully you can find a few reasonable offerings. You might use that as leverage with a local dealer --- depends on how they read you and the market as to success. Found several bmw cpo 530i 's under 20k miles --low $30's.
Dec 30, 2008 (12:23 pm)
has there been any technical issues with navigation? Im looking at a CPO 2007 530i (29K miles) that has nav, and all the packages (sports, premium, cold, and one more can't remember) car is beautiful asking $34,900 for it, with negotation some wiggle room. I just want to be sure I'm not looking for a problem with the navigation which I don't even care about, but the vehicle has it. Car is really loaded, would hate to pass it up.
Also another one 2007 530xi, 18K miles, warranty expires Apr 2014. Asking $36,900 dealer won't budge. That's another 2 grand, but warranty goes longer. Am torn, don't know what to do. I'm leaning toward the $34,900 one, has more. Dealer says his 530xi is competitive in price. I could care less about all wheel drive.
That extended warranty is tempting however.
Dec 30, 2008 (12:47 pm)
Why worry about possible navigation problems until the warranty runs out at which time if it acts up [very unlikely] you don't need to use it. Spend a few bucks on a garmin and keep the mb one turned off. The car will run just fine without it.
Gardis, if I was in your neighborhood I'd stop by tomorrow on new years eve and take you by the ear down to the dealer with an offer sign with $31,000 written on it and sit you in the sales managers office. Oh yeah, with tape over your mouth. I'd come back in an hour and drive you home, unless you got the car. What have you got to lose? If they don't come down on the price 1-2k I'd be real surprised -- maybe more as you walk out the door. All this assumes you have the cash or are pre-approved on a loan to afford the car in the first place.
Dec 30, 2008 (1:38 pm)
LOL! You are quite right. I have to drive the car first, though. I am going to get that same deal, no matter when I walk in there, I can guarantee you that. The other guy was being hard nosed. Don't worry, right after the New Year, things are going to be DEAD, and they will be just as happy to see my smiling face walk in there. I doubt they would come down to $31K, really doubt that.
#199 of 400 Advertised prices
Jan 10, 2009 (7:34 am)
Local dealer has an ad for cpo units:
07 525i 22k cold weath- leather- sr- $28988
06 525xi-47k-cold-prem-sr 31988
Are these decent prices?
#200 of 400 Re: Advertised prices [jayrider]
Jan 10, 2009 (12:41 pm)
"Local dealer has an ad for cpo units:
07 525i 22k cold weath- leather- sr- $28988
06 525xi-47k-cold-prem-sr 31988"
These seem high. I just purchased:
'06 530xi 46K, cold, leather, sport, manual for $23K
This is non-CPO form an independent BMW repair/sales shop.