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Sedans BMW 5-Series Buying a used 5 Series
336 messages, Last post on Nov 25, 2009 at 10:13 PM
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I've narrowed my new car choices to three: 2005 CPO BMW 525i; '07 Toyota Avalon Touring; '07 Lincoln MKZ AWD. I like them all but have always been partial to BMWs. My concerns: The '05 525i has 45k+ miles (Seems like a lot in only 2 years.)-and in comparison to the other two, seems underpowered. The car is well equipped-Premium package, Navigation, Parking sensors, etc.. but the dealer is asking fairly high price-$39,995. Questions: Any advice about buying the '05 w/45k miles? It is CPO--with the warranty extended to 100,000 miles. I think $35k is about right for the 525i-is that reasonable? (The MKZ and Avalon are both 35K fuly loaded). Is there a big enough difference in the 530i to pay the higher price? I've owned (3) previous BMWs--but it's been 15+ years since my last 3-series. So I'm not sure about service, warranties, etc.. Any advice would be greatly appreciated!
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| Boy do I have advice. Simply said, move on. You would be paying for a "newer" car with high miles. Cars depreciate by age & mileage. Go look for a 3 1/2 -->4 year old lower milaeage 5xx. My son just acquired a 2003? 530 with 44K miles and the remaining warranty. Quite loaded - sport & comfort? groups. He paid $24,000 + T & L here in Phoenix. He spent about 45 days looking around. He is a "frugal" engineer. AZDINO | |
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Replying to: wbb56 (Feb 03, 2007 12:01 pm) I'd say, either just buy or lease a new bmw, or go back a few model years and save a ton of $$. You're not "saving" enough (if anything) to make it worthwhile to buy a miled-up '05, IMO. PS: Is the avalon new? If you like it equally, I assume it will treat you much more kindly with depreciation, & would be nice to have Brand New "everything"..... |
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Hi, I wanted some of the opinions of the very experienced forum members here. I'm currently leasing a 2004 BMW 530i and my lease is up this summer. I've barely used it (total of $12K miles so far). Apart from some idrive glitches (to be expected i imagine!), the car has given me no problems. The residual value on the lease is about $35K. It's loaded with SP, PP, Xenon, Auto (original MSRP was $55k). Question is: should I buy this car knowing that i only plan on driving 5-6K miles per year max? If I keep it for 5 years, how much do you think it will be worth 5 years from now, assuming I drive 5K miles/yr? Finally, i've seen different responses, but it seems most people on this forum don't think its worth paying for extended maintenance. Would you agree? Thanks for all your help. |
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Replying to: paisan (Jan 19, 2007 5:52 pm) Regards, OW |
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| I am thinking of purchasing a 2001 530i with 50,000 miles. I have never owned a BMW before. Anything that I should take into consideration such as engine, suspension or electronics quirks? | |
| My daughter is in the business, and one of the dealerships in her network is BMW. I can get a 2006 CPO 530i with steptronic, cold weather, sound, and luxury packages, and nav for about 41000. Im sure this is a good deal financially, but is there something I should look for? I have always wanted a BMW, but racked up over 20K a year commuting into the ghetto, so never could buy one. I am now retired, and this will be my keeper car. What should I look for? | |
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I am in the market for a used (but not too used) 530 or 545. Like everyone else, I'm looking for the most bang for the buck, but I am also thinking ahead to re-sale value (I have a bad habit of not keeping cars more than 3 years). My budget is about $30k - $35k. I'd prefer not to go older than a 2004 model (forgive me, but I actually like the Bangle style). I have my eye on a 2004 545i (51k mi., PP, SP, CP, prem. audio; asking $34k) and a 2005 530i (31k mi., no options; asking $34k). My heart (and right foot) are telling me to go for the 545, with 325 hp and lots of extras. My conscience is telling me I don't need the "extras" or the bigger engine and to just get the 1-year "newer" vehicle with 20k less miles. Who do I listen to? Thanks!
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Replying to: carjax (Apr 05, 2007 10:43 am)
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Replying to: carguy70 (Apr 05, 2007 4:28 pm) |
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