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View Full Version : QUICK: need advice on 01 price, is deal good?


reddevil7nine
11-14-2003, 01:47 PM
Hey guys, a friend of mine is buying an X5 and asked me for some help. I don't know jack about an X5 so i thouht i'd post here for opinions. I'm not sure about packages but it sounds like it's just about loaded.

Here's the options:
'01 3.0 White
56k on odo
Climate
Premium
Sport
heated seats
xenons
F&R side air bags
slushy
roof rack
cassette
navi
privacy glass
rear sunshade
$35,700 out the door, turn-key, off-the-lot, drive-it-home, whatever you want to call it.

any help would be good

Thanks!

alpinewhite325i
11-14-2003, 02:49 PM
No clue.

How about Edmunds or Kelly Blue Book?

SARAFIL
11-14-2003, 02:56 PM
Hey guys, a friend of mine is buying an X5 and asked me for some help. I don't know jack about an X5 so i thouht i'd post here for opinions. I'm not sure about packages but it sounds like it's just about loaded.

Here's the options:
'01 3.0 White
56k on odo
Climate
Premium
Sport
heated seats
xenons
F&R side air bags
slushy
roof rack
cassette
navi
privacy glass
rear sunshade
$35,700 out the door, turn-key, off-the-lot, drive-it-home, whatever you want to call it.

any help would be good

Thanks!

How about giving us a purchase price instead of an "out-the-door" price, as tax rates and so forth in different states can make comparison difficult. Also, is this a CPO car from a dealer?

ecugradx2
11-14-2003, 03:15 PM
How about giving us a purchase price instead of an "out-the-door" price, as tax rates and so forth in different states can make comparison difficult. Also, is this a CPO car from a dealer?

This is a CPO and the tax rate is 3% and doc and tags run about $400.

SARAFIL
11-14-2003, 03:16 PM
All I can say is that car, new, was only a few thou higher than that. Backing off taxes, etc (based on guesstimates, you're still paying $32K+ for this car. That's about $5-7K too much.

TD-- with all due respect, you have no clue what you are talking about. ;)

The 2001 X5 started at $39,995, and in typical BMW fare, you got nothing. The car mentioned is loaded if it has everything the original poster says it does, and originally sold for nearly $50,000. Additionally, the used market for X5 3.0's is HOT right now, and they are going for over $30,000 wholesale. Look at dealer listings... there are dealers out there selling 2001s for $39,995. We had one we sold a few weeks ago that we sold for $37,000, and we made very little because we had paid quite a bit for the car. If you can buy a 2001 X5 3.0 in good shape with reasonable mileage for $25-27,000 as you suggest, you'd be able to make a substantial profit by reselling it again.

ecugradx2
11-14-2003, 03:17 PM
All I can say is that car, new, was only a few thou higher than that. Backing off taxes, etc (based on guesstimates, you're still paying $32K+ for this car. That's about $5-7K too much.

If you can show me where to buy one at the price show me the way!!! Please, I have called alot of dealers and can't find one that cheap ANYWHERE.

TD
11-14-2003, 03:18 PM
You know, I actually DO owe an apology. When I read it, for some reason I thought he was talking about a 330i. And I never pay attention to what board a psot is on.

I will delete my post as I was very much in error.

SARAFIL
11-14-2003, 03:18 PM
This is a CPO and the tax rate is 3% and doc and tags run about $400.

So, what is the sale price, and what is the out the door price? Too many numbers being thrown around here, and I want to be sure I understand what is what. Does $35,700 include these fees, or are they in addition to it?

ecugradx2
11-14-2003, 03:20 PM
So, what is the sale price, and what is the out the door price? Too many numbers being thrown around here, and I want to be sure I understand what is what. Does $35,700 include these fees, or are they in addition to it?

I don't have the price of the car, the out the door price is $35,700, that is purchase price plus 3% sales tax and $400 doc and tag fees.

SARAFIL
11-14-2003, 03:22 PM
I will delete my post as I was very much in error.

I have done the same.


And for the record, I just ran a NADA retail, and it came up at $36,500 with normal mileage (~40k). I think 56k is a little high, but not crazy as the car still has under 60,000 miles and can be sold Certified.

philippek
11-14-2003, 03:22 PM
I'd say take it and be happy.

And if it's a CPO, be sure to get your salesman some champagne.

And some chocolate.

SARAFIL
11-14-2003, 03:23 PM
I don't have the price of the car, the out the door price is $35,700, that is purchase price plus 3% sales tax and $400 doc and tag fees.

Seems like a good price to me if all taxes/fees are included. What condition is the car in? Clean Carfax, etc.? How many owners?

ecugradx2
11-14-2003, 03:34 PM
Seems like a good price to me if all taxes/fees are included. What condition is the car in? Clean Carfax, etc.? How many owners?

According to the dealership it has to be clean to be CPO, is that true anybody?

ecugradx2
11-14-2003, 03:35 PM
Seems like a good price to me if all taxes/fees are included. What condition is the car in? Clean Carfax, etc.? How many owners?

The car is very clean, i can't find any flaws other than the PDC didn't work, but it is covered under CPO, so there are fixing it.

reddevil7nine
11-14-2003, 03:50 PM
The car is very clean, i can't find any flaws other than the PDC didn't work, but it is covered under CPO, so there are fixing it.

i meant to tell you to get a carfax from them. if they won't do it, get the vin and get one yourself. a car can be cpo'd even if it's been in a wreck. the damage to the car has to be less than a certain amount and it can't damage certain components so there's no garauntee w/o proof that the car is clean.

ecugradx2
11-14-2003, 03:54 PM
i meant to tell you to get a carfax from them. if they won't do it, get the vin and get one yourself. a car can be cpo'd even if it's been in a wreck. the damage to the car has to be less than a certain amount and it can't damage certain components so there's no garauntee w/o proof that the car is clean.

Thanks for posting for me man, I am heading out, it looks like to me that the deal is pretty good as long as the car is clean? What do you think?

SARAFIL
11-14-2003, 04:27 PM
i meant to tell you to get a carfax from them. if they won't do it, get the vin and get one yourself. a car can be cpo'd even if it's been in a wreck. the damage to the car has to be less than a certain amount and it can't damage certain components so there's no garauntee w/o proof that the car is clean.

A car that has been in an accident and only received cosmetic damage can still be certified, assuming it still meets the required criteria and was appropriately repaired. Any car that has received damage to the unibody or structural members of the vehicle can not be certified.