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Buying a used 5 Series

339 messages,  Last post on Dec 01, 2009 at 4:29 PM

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


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#265 of 339
Looking to buy a used 2006 525xi.. by barnjon
Apr 26, 2009 (3:48 pm)
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Any help would be great... What do I look for?.. Can I trust the CPO program... Really want a manual trans... any problems with 40k/50k vehicles...Anything...Thanks.....
#266 of 339
Re: Looking to buy a used 2006 525xi.. [barnjon] by roadburner
Apr 26, 2009 (7:53 pm)
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Replying to: barnjon (Apr 26, 2009 3:48 pm)

Good dealers run good CPO programs. My dealer(Swope BMW, Louisville, KY) does a great job. As I noted above, go to BMW USA and perform a CPO search. The cars themselves have proven to be very reliable and a 40K-50K car shouldn't need more than brakes-if that-and scheduled maintenance for a long time to come.
#267 of 339
Re: http://newjersey.craigslist.org/car/614642413.html [roadburner] by mrfinagle
May 13, 2009 (5:48 am)
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Replying to: roadburner (Mar 26, 2008 7:32 am)

Hey just a follow up to those considering a used bimmer like the 2002 530i Sport I got with 70ish k miles last year. I bought it with new snow tires on the car. It drove great. When I switched to the summer wheels, I noticed a shimmy immediately at 40 mph and eventually, uneven (camber) wear on the rear tires after a few thousand miles. I needed a new suspension and my mechanic recommended new rims because they didn't spin true. I kept the rims but the suspension was $3000. You WILL need this more or less around 50-100k mi depending on your location/ roads, so if it hasn't had that, factor the cost in. Also, the overfill coolant tank is plastic and WILL crack, so factor 150 or so for that. The power steering tends to weep, in my case just a new cap/etc for 100. If it hasn't been replaced already, the battery is 100+. If you DIY, then keep a jumper battery connected to +/- before disconnecting the dead battery (if not, your security will think you're trying to steal the car and lock you out of starting it). I need to top off about 1 quart oil every 3000. With automatic, the car gets between 20 and 23 mph local and highway if you don't drive like you're on the track at Indy. Net net, it is an investment. I compare my out-of-pocket to a friend who bought a new Hyundai for 16k. If you want low maintenance, high gas mileage, and don't care about effortless acceleration up to 100+ or all that G force cornering on ramps, then that's a better buy I guess. Me, I just bought racing tires for a little track fun. Good luck.
#268 of 339
Re: http://newjersey.craigslist.org/car/614642413.html [mrfinagle] by roadburner
May 13, 2009 (7:36 pm)
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Replying to: mrfinagle (May 13, 2009 5:48 am)

A new suspension? What parts were replaced? My wife had a 528iA and over 130K miles it only needed two front struts and two tie rod ends.
#269 of 339
How do Search on BMW USA Website by gardis
May 14, 2009 (5:05 pm)
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Guys is there any way to do a more refined "search" on the BMW USA website for a model search? For example, I'd like to search for vehicles only with Sports pkg, or only 2007, refine the search like that, I cannot find anyway to do that. I have to sort through hundreds of vehicles which are totally not to my liking. Any suggestions?
#270 of 339
Re: http://newjersey.craigslist.org/car/614642413.html [roadburner] by mrfinagle
May 16, 2009 (5:26 am)
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Replying to: roadburner (May 13, 2009 7:36 pm)

hi roadrunner! well pretty much everything. Front and rear struts (Bilstein), control arms/bushings, etc. This car was preowned in NYC and you know the roads there. The mechanic is well respected on bimmer forums and I saw the worn parts myself on the lift.
 
If anybody has <20 lb 17x8+ e39 wheels in good shape for my new tires let me know.
#271 of 339
530XI with SportsPKG by gardis
May 17, 2009 (7:25 am)
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Guys,
Dealer told me that a 530XI with Sports pkg is only 'cosmetic' and has no effect on performance. I like the Sports pkg because of the shadowline trim and steering wheel distinctive, and the special rims. But the XI doesn't carry the special rims, it has the regular 5 series rims. I almost never see a plain 530i with Sports, it seems all the vehicles have XI now. I hate to miss out on a good deal for a car, vehicle only has 23, 300miles on it, pristine condition. I need advice.
#272 of 339
Re: 530XI with SportsPKG [gardis] by shipo
May 17, 2009 (9:11 am)
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Replying to: gardis (May 17, 2009 7:25 am)

What your dealer told you is correct, the "xi" models all have the same suspension regardless of whether they were ordered with the "Sport Package" or not.
 
Best regards,
Shipo
#273 of 339
Should I do this Deal? by gardis
May 24, 2009 (4:37 pm)
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Guys,
I need some advice. I found on the BMWUSA website, an ideal car. it's a 2007 CPO 530i, Alpine/Black, with Premium, Cold, SPORTS, prem. sound, and NAV. Car has 24K miles on it, it's off lease, one owner, clean Carfax, and dealer wants $36,999 for it. I called and got so excited, it's exactly the car I'm looking for, I walked away from one in January because of the stock market, but I'm reluctant to pass on this one. I called the dealer, and right away put a $500 deposit on it to hold it. The salesman, very nice guy, said they "owned the car at $36,000" and maybe there's few hundred in there, and then asked me what I thought I wanted for mine. I have a 328i, 1996 with 109K miles on it, with some issues (moon roof doesn't work, some other minor stuff that I had priced at the BMW dealer I dont' want to bother fixing yet). He's willing to drive the car to me (dealer is 60 miles from my house), then he called me back and said that he would take mine back with him, and the dealership gave him authorization to appraise mine on the spot.
  
I'm thinking that the price is a little high for that vehicle, and I don't want to move so fast. Should I drive out there, take the day off, and see what happens. I mean I haven't even driven the car, let alone seen it, except for pictures on the dealer website. The car is evverything I"m looking for but I"m more comfortable at $34,000 not the $36,999. Plus they're going to add dealer fees ($500, right). I"ve seen other similar vehicles with the XI that supposedly is supposed to be a higher priced model, in the same price range if not a little less. I just think that's high for that vehicle, given it has NAV.
  
What do you guys think? I'm going to call him on Tuesday morning and say, not so fast. Let's talk about price, or walk away. Anybody have any feelings about it.
#274 of 339
I finally made a Deal by gardis
May 30, 2009 (11:58 am)
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Well guys, after all these months of gut wrenching emotion, I finally made a nice deal today at the BMW dealer in Greenwich CT. Remember I had seen a beautiful Alpine White 2007 530i with Sports pkg, which is just what I was looking for, with low miles.
 
My sales girl, who's been working with me since November, was able to work with the other dealer because they are all owned by the same BMW parent company apparently. So one of the Greenwich manager's who lives in NJ, is going to pick up the car next week, and drive it over to Greenwich.
 
Meanwhile, the asking price was $36,999 (premium, cold, SPORTS, NAV, prem sound, comfort access, etc) 24K miles, Warranty expiration June 26, 2012. I got the car for $36,200. My heart was in my mouth over my trade in (1996 328i, 109K miles)
and somehow, they had the impression I wanted $2500 for it. Well the manager reviewed the car while I was talking to the saleswoman. He came in, and started with "well, I know you wanted $2500 for it (I never said that, I actually thought they'd offer me about $1200), but it has a few issues, and I could do $1500, maybe $2000 since you really want the car." I accepted the $2000 right on the spot, and that ended the negotiation part of it. I'm satisfied with it. Look the car has low treads in the rear set, sunroof inoperational, and ABS light comes on which the Darien dealer told me is a wheel sensor ($275).
 
So I'm giving them a large down payment, and financing only about 30% of it at 3.9%, she said maybe they'd do a little better. we'll see. The car is a cream puff, Alpine White, with black leather, and I am so excited I fnally found a car. I know I paid maybe a little more, but you know something, I keep my vehicles a long time, so that extra money will be amortized over the life of the vehicle.
 
Also - I bought the extended service warranty for $1695, which extended the service warranty until the end of the main warranty, which is June 2012. I felt it was worth the $800 per year extra for that. Peace of mind. Otherwise the 4 year warranty was running out in June 2010. I want to make sure my 30K mile servicing is FREE. Now it will be. I thought this was well worth it, I know they probably took me, but since the BMW dealer sold it to me, I have no doubt about it. It went onto the amount to financce, and yes, I realize it's a gimmick, but still it's there if I need it.
 
Well what do you think guys!!!

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