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Buying a used 5 Series

335 messages,  Last post on Nov 22, 2009 at 9:44 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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#318 of 335
2004 530i? by slance66
Sep 24, 2009 (1:48 pm)
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I'm struggling with a replacement for my trusty 2001 S60. Looked at the 06 325xi, but I just don't want the RFT problem. So I found a nice looking 2004 530i, with only 25k miles, for $22,900. Car looks great, and seems to have i-drive, which worries me a bit. They also have a 2004 325xi with 54k miles, for $15,900. I like the room in the 530, but the RWD in winter concerns me here in MA, as I have a steep driveway.
 
How much lower in price do you think they'll go?
#319 of 335
Re: 2008 535i w/ 37.5k miles CPO [dcgibbons] by gardis
Sep 24, 2009 (4:58 pm)
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Replying to: dcgibbons (Sep 17, 2009 5:30 pm)

A dealer in Bridgeport Ct had a 2008 535i last December with 27K miles on the clock. They started off at $41,900, and then came down to $38,900. The vehicle sat there a good three months.I'm sure they had to let it go for less. Vehicle was impeccable. I was skeptical of the turbos, so I passed on it. It had premium, sports and cold. Hope that helps.
#320 of 335
Need advice. by fosterb
Oct 12, 2009 (3:24 pm)
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A car dealer (non-bmw) has a 2000 528i sport with 82K miles for $13K. A true sport package with heated seats, 10-way driver's seat, BBS rims and etc. Also, two-owner vehicle. Is that a good price?
#321 of 335
Re: Need advice. [fosterb] by qbrozen
Oct 13, 2009 (10:07 am)
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Replying to: fosterb (Oct 12, 2009 3:24 pm)

Terrible price. At least here in the Northeast. That's about double its trade-in value. If it were me buying it, $8500 would be fair, and $9k would be the moon for a nice one.
#322 of 335
Re: Need advice. [qbrozen] by fosterb
Oct 18, 2009 (7:54 pm)
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Replying to: qbrozen (Oct 13, 2009 10:07 am)

Thanks for the info. Also, found out that it needs a new battery and the headlight clear shields need to be cleaned up. Will talk about getting these items taken care of while discussing price. Also, this type of vehicle is rare in this neck of the woods...also checked with Autotrader.com and this roughly the going rate for this type of vehicle. Will keep you posted...
#323 of 335
Re: Need advice. [fosterb] by qbrozen
Oct 19, 2009 (5:58 am)
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Replying to: fosterb (Oct 18, 2009 7:54 pm)

also checked with Autotrader.com and this roughly the going rate for this type of vehicle.
 
Asking prices do not dictate "the going rate," however. Asking prices are just that, and what is actually acceptable as a sale price is something tougher to judge by scanning ads.
 
By the by, just for comparison, I checked autotrader within 100 miles of my central NJ location. The most expensive 2000 528i is $11,995, and that one only has 71k miles. There are quite a few in the $8k-$9k range. Maybe you should check surrounding areas and be willing to drive a couple hundred miles.
#324 of 335
HELP ME TO DECIDE!! by beemerfan1
Nov 15, 2009 (7:47 am)
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Hello bmw forum,
I have the opportunity to buy a 1988 bmw 5 series with some sensor problems and a salvage title. The car was driven by a senior person and was well cared for, but the salvage title bothers me. Is anyone has an idea of the value of this car and the cost to fix the check engine sensor? Please respond as I have to close the deal today ASAP! Thank you.
#325 of 335
Re: HELP ME TO DECIDE!! [beemerfan1] by kirstie_h HOST
Nov 15, 2009 (7:57 am)
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Replying to: beemerfan1 (Nov 15, 2009 7:47 am)

Hi - we can't guarantee instant answers, but I suspect most people are going to advise you against buying an older, salvage title vehicle, unless it's super-cheap and comes with a stash of gold in the glovebox to help pay for the ongoing maintenance. For value, you might check our Real World Trade-In Values discussion - if you provide details about the vehicle, someone might be able to help you. Why the rush to buy it today?
#326 of 335
Re: HELP ME TO DECIDE!! [beemerfan1] by qbrozen
Nov 16, 2009 (8:27 am)
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Replying to: beemerfan1 (Nov 15, 2009 7:47 am)

If it is a V8, I wouldn't buy it at all.
If it is a 525, I might consider it depending on its current condition and miles.
check engine light could be any number of things. If the O2 sensor is more than 2 years old, I would bet that is the culprit.
#327 of 335
Re: HELP ME TO DECIDE!! [qbrozen] by roadburner
Nov 16, 2009 (12:06 pm)
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Replying to: qbrozen (Nov 16, 2009 8:27 am)

If it's a US spec 5er it would be an E28, which only came with the 2.8L M20 small six(528e) or the 3.5L M30 big six(535i). I'd want to know what fault triggered the CEL.

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