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Buying a used 5 Series

336 messages,  Last post on Nov 25, 2009 at 10:13 PM

You are in the BMW 5-Series Forum. Your Hosts are pat & karens

What is this discussion about? BMW 5 Series, Car Buying, Sedan


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#230 of 336
Warranty on non-CPO by gardis
Feb 02, 2009 (7:58 am)
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Guys
have a hypothetical question. I saw a nice 5 series 2007 530i at an Infiniti dealer in Greenwich CT. Price was lower than what my dealers are asking. When I questioned him about it, he said, "but that's not a CPO vehicle" which probably was correct if it was being sold by Infiniti.
My question, how does the warranty apply on that vehicle? IF the underlying warranty runs 6 years, then wouldn't that car also be covered by the warranty even though it's not a CPO vehicle? I would think so. How can they not cover their warranty?
 
Anyway, I"m not buying it because I didnt' like the color, but what if the color was nice, would I be out of warranty protection? Thanks.
#231 of 336
Re: Warranty on non-CPO [gardis] by roadburner
Feb 02, 2009 (8:50 am)
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Replying to: gardis (Feb 02, 2009 7:58 am)

The standard BMW warranty runs for four years from the in-service date or 50,000 miles. The BMW CPO warranty extends coverage on most mager systems a further two years and 50,000 miles. Either warranty can be transferred at no additional cost.
#232 of 336
Boston Foreigh Motors Allston,ma by blh
Feb 02, 2009 (9:35 am)
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Hi All,
 
Anyone have any dealings with this group?
#233 of 336
2007 BMW 530i Certified - Pricing by flyingdoc57
Feb 05, 2009 (4:03 pm)
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I'm looking at a 2007 530i with 14000 miles at BMW dealership. It has the premium and sport packages, automatic (steptronic) transmission, as well as electric rear window shade and rear side window shades. No nav system. It's in superb condition, with new-car smell and all, and the CPO warranty is good through February of 2013, but I think the asking price is way to high. I sure would like some guidance. The car is in St. Petersburg, Florida. The dealership is asking $ 38,990.00. I'm thinking about offering $ 36,000.00. Any opinions?
#234 of 336
Re: 2007 BMW 530i Certified - Pricing [flyingdoc57] by roadburner
Feb 05, 2009 (4:43 pm)
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Replying to: flyingdoc57 (Feb 05, 2009 4:03 pm)

My local(Louisville, KY) dealer has a beautiful CPO 2007 550i with 29,397 miles on it for $35,950.
#235 of 336
Re: 2007 BMW 530i Certified - Pricing [flyingdoc57] by gardis
Feb 06, 2009 (10:49 am)
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Replying to: flyingdoc57 (Feb 05, 2009 4:03 pm)

flyingdoc,
I am also looking for a CPO 2007 530i, and I can tell you two cars I looked at:
1. 28K miles, sports, premium, cold, nav asking $34,900, dropped it to $32,900 and the car sold before I could get there with the deposit. Black/Black. Car was impeccable.Warranty to Oct2012.
2. White/Beige, premium, sports, no cold, 18K miles, went into service Apr08, which means warranty expires Apr 2014. Very unusual. They started $39,900, dropped it to $36,900, wouldn't negotiate, and the car sold. I'm kicking myself.
Also impeccable.
 
Your price sounds very high to me. Tell them what you're willing to pay and be prepared to walk -- AND lose the vehicle. You can look on BMW USA website, search preowned, and get an idea of pricing.
#236 of 336
Press Request by KarenS HOST
Feb 06, 2009 (10:58 am)
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A magazine reporter is interested in consumers who have purchased a used vehicle in the past few months. Please send your email address and phone number to jfallonedmunds.com by Wednesday, February 11, 2009, if you fit the bill.
#237 of 336
Buying a CPO BMW out of State by gardis
Feb 07, 2009 (5:40 am)
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Guys,
I'm being offered a nice 2007 5 series out of state (60 miles from my house).
Does anyone have any experiences buying out of state? What are the advantages, disadvantages. I would have to service the car at one of my local BMW dealers, no question. But if there's a problem with the vehicle, are they going to approach it the same way as a dealer who sold the car?
 
Please advise, I hate to pass up this opportunity. Also, do sales taxes apply if the car is bought out of state? Years ago, we use to go shopping in NYC because we didnt' have to pay sales tax. I doubt that's the case any longer.
 
Gardis
#238 of 336
Re: Buying a CPO BMW out of State [gardis] by pat HOST
Feb 07, 2009 (2:54 pm)
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Replying to: gardis (Feb 07, 2009 5:40 am)

Hi Gardis,
 
You should also check out this discussion: Buying used cars from out of state.
 
Good luck!
#239 of 336
by addams
Feb 11, 2009 (6:13 am)
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As i've been reading most posts it seems not very many have bought a 535i. I've been looking to get an 08. Is there problems with them or is it just a model not everyone buys?

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