Quote:
Originally Posted by jiggz
I would say this deal is borderline 'insane' - I've been looking very closely for 6 months and a 2011 50i M Sport with 32K and CPO for just $37,900 is pretty remarkable.
I was thinking this might be a private party price but based on the pics it appears it was purchased at a BMW dealer. Typically this car is mid-40's, at least, at a BMW dealer.
I just checked BMWUSA, CPO section, filtered on 2011 50i models. There are 176 across the U.S. and just 11 of those are below 40K (most are $39,999). Of those 11 none are M Sport and none even have the Sport Activity Package (1 possibly, though the package list doesn't indicate so) - most looked pretty stripped of options and have 45K miles or more.
OP - what other packages and options does your new X5 have?
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If you are willing to put in a little extra time and effort, you can pick up a CPO BMW at a non-BMW dealership. If the vehicle was CPO before being traded in at, say, an Audi dealership, you get the benefit of a CPO vehicle without paying CPO prices. That's how I purchased my M Sport 35i.
Also, it should not be difficult to get between $4K and $6K off asking price if you shop right and show you're serious. The OP did it right, purchased on the last day of the month (and quarter, extra bonus there).
I am interested to see what options his X5 came with. I just found a 50i with the M Sport package on cars.com with ~32K miles for $36,999 (not CPO).