Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 5 Series > F10 / F11 (2011 - Current)

F10 / F11 (2011 - Current)
The new chapter in the highly successful story of the BMW 5 Series Sedan (F10) and wagon (F11)

Reply
 
Thread Tools Display Modes
  #1  
Old 02-19-2013, 01:23 PM
samkumar samkumar is offline
Registered User
Location: NYC
 
Join Date: Jan 2013
Posts: 45
Mein Auto: 2005 911 S Cab 2011 535ix
Good Deal Or Bad Deal ?

Guys - Need your help ! I have just convinced my buddy to buy a F10 because it's a freakin georgeous machine. I found one ! 2011 535xi with 250 miles. Optioned to the wazoo stickered at 79K asking 54K. Attached is the link. Please let me know your thoughts

http://www.cars.com/go/search/detail...nal&listType=1
Reply With Quote
Advertisement
  #2  
Old 02-19-2013, 01:30 PM
cordoor's Avatar
cordoor cordoor is online now
cor door sedan
Location: Utah
 
Join Date: Jun 2012
Posts: 856
Mein Auto: 2013 550i xDrive
Quote:
Originally Posted by samkumar View Post
2011 535xi with 250 miles. Optioned to the wazoo stickered at 79K asking 54K.
Wow, the red flags are flying high on this one.

Why didn't the original owner want the vehicle after only 250 miles?

Why hasn't the dealership been able to sell it for the past few years?

Or has it really been sitting in someone's garage for three years without being driven?

Ask them for an AutoCheck report.
__________________
2013 550i xDrive | Jet Black | Venetian Beige | Dark Red Sycamore | M Sport | Dynamic Handling | Sport Auto Trans
2008 535xi | Jet Black | Cream Beige | Burl Wood | Sport



See, when the Government spends money, it creates jobs; whereas when the money is left in the hands of Taxpayers, God only knows what they do with it. Bake it into pies, probably. Anything to avoid creating jobs. - Dave Barry
Reply With Quote
  #3  
Old 02-19-2013, 01:33 PM
samkumar samkumar is offline
Registered User
Location: NYC
 
Join Date: Jan 2013
Posts: 45
Mein Auto: 2005 911 S Cab 2011 535ix
Quote:
Originally Posted by cordoor View Post
Wow, the red flags are flying high on this one.

Why didn't they want the vehicle after only 250 miles?

Why didn't it sell a few years ago after the 250 miles?

Or has it really been sitting in someone's garage for three years without being driven?

Ask them for an AutoCheck report.

Thanks for checkin in. My attena was up to. They tell me its been sitting for 3 years at the dealer. I got the autocheck & carfax and they both are clean. I think its a amazing deal. I wish I found it before I bought my car. Did you check the link out. it's got every option other than M sport. Just crazzzzzzzzzzzy !!
Reply With Quote
  #4  
Old 02-19-2013, 02:04 PM
grandpawmoses grandpawmoses is offline
Registered User
Location: Alabama
 
Join Date: Oct 2008
Posts: 58
Mein Auto: 2013 535i
Ask if it's a dealer buyback. Issues internal to a dealer won't show up on a car fax.
Reply With Quote
  #5  
Old 02-19-2013, 02:06 PM
samkumar samkumar is offline
Registered User
Location: NYC
 
Join Date: Jan 2013
Posts: 45
Mein Auto: 2005 911 S Cab 2011 535ix
Will absolutley do that. Good advise. But issues at 250 miles. Such a conumdrum.
Reply With Quote
  #6  
Old 02-19-2013, 02:23 PM
CyclePimps's Avatar
CyclePimps CyclePimps is offline
Ride On!
Location: Use-less, TX
 
Join Date: Aug 2012
Posts: 188
Mein Auto: 2012 535i MSport
I agree, red flags all up in here. I'd be skeptical about this deal.

Sent from my HTC VLE_U using Bimmer App
__________________

BMWCCA #474327

2012 F10 535i MSport
mods: Vollkommen front lip|M5 grill|M5 exhaust|M5 diffuser|Vibrant resonator|BMS stage 1|ACS springs|Suntek full front-end clearbra|FormulaOne Pinnacle tint 35%|clear reflectors|rear fog light switch|JBL ms-8 audio processor|Morel subwoofer
Reply With Quote
  #7  
Old 02-19-2013, 04:44 PM
DJHomie's Avatar
DJHomie DJHomie is offline
Officially Welcomed to the 'Fest
Location: Long Island, NY
 
Join Date: Nov 2012
Posts: 230
Mein Auto: 2013 535Xi M Sport
It was a dealer demo.
Reply With Quote
  #8  
Old 02-19-2013, 04:46 PM
samkumar samkumar is offline
Registered User
Location: NYC
 
Join Date: Jan 2013
Posts: 45
Mein Auto: 2005 911 S Cab 2011 535ix
Is that a guess or did you find out.
Reply With Quote
  #9  
Old 02-19-2013, 04:53 PM
mryakanisachoad's Avatar
mryakanisachoad mryakanisachoad is offline
Officially Welcomed to the 'Fest
Location: brooklyn,ny
 
Join Date: Aug 2008
Posts: 570
Mein Auto: 550xi / 135i / M5
It's either a lemon or it's a lemon.

My dealer puts 250 miles a week on her demos.

People are crazy. They want to go on 50 miles demo drives lol. Must not be too busy of you can drive around all day in a test driver. It's not a ****ing fighter plane it's a stupid car . Lulzz

Last edited by mryakanisachoad; 02-19-2013 at 04:55 PM.
Reply With Quote
  #10  
Old 02-19-2013, 04:58 PM
DJHomie's Avatar
DJHomie DJHomie is offline
Officially Welcomed to the 'Fest
Location: Long Island, NY
 
Join Date: Nov 2012
Posts: 230
Mein Auto: 2013 535Xi M Sport
Quote:
Originally Posted by samkumar View Post
Is that a guess or did you find out.
It's in the description..

WoW! Orginal MSRP $78,375! YES, THE MILES ARE CORRECT! 2011 BMW 535i xDrive! Check out these options: Premium, Premium 2, Cold Weather, Active Ventliated Seat, Driver Assistance, Dynamic Handling, Convenience, and Sport Packages! Sport Automatic Transmission, Active Cruise Control, Head-Up Display, Side and Top View Cameras, Night Vision, 4 Zone Climate Control, Anthracite Headliner, & More! Check out the pictures of the window sticker to see for yourself. This BMW was a BMW dealer demo that they never sold. BWW Factory Warranty until 01/31/2015 or 55,000 miles!
Reply With Quote
  #11  
Old 02-19-2013, 04:59 PM
samkumar samkumar is offline
Registered User
Location: NYC
 
Join Date: Jan 2013
Posts: 45
Mein Auto: 2005 911 S Cab 2011 535ix
DUH !!
Reply With Quote
  #12  
Old 02-19-2013, 05:03 PM
mryakanisachoad's Avatar
mryakanisachoad mryakanisachoad is offline
Officially Welcomed to the 'Fest
Location: brooklyn,ny
 
Join Date: Aug 2008
Posts: 570
Mein Auto: 550xi / 135i / M5
Quote:
Originally Posted by DJHomie View Post
It's in the description..

WoW! Orginal MSRP $78,375! YES, THE MILES ARE CORRECT! 2011 BMW 535i xDrive! Check out these options: Premium, Premium 2, Cold Weather, Active Ventliated Seat, Driver Assistance, Dynamic Handling, Convenience, and Sport Packages! Sport Automatic Transmission, Active Cruise Control, Head-Up Display, Side and Top View Cameras, Night Vision, 4 Zone Climate Control, Anthracite Headliner, & More! Check out the pictures of the window sticker to see for yourself. This BMW was a BMW dealer demo that they never sold. BWW Factory Warranty until 01/31/2015 or 55,000 miles!
I still say its a lemon. Why would the dealer dump it to a wholesaler like Manheim?
Reply With Quote
  #13  
Old 02-19-2013, 05:04 PM
DJHomie's Avatar
DJHomie DJHomie is offline
Officially Welcomed to the 'Fest
Location: Long Island, NY
 
Join Date: Nov 2012
Posts: 230
Mein Auto: 2013 535Xi M Sport
It's cool.. We've all done it.
Reply With Quote
  #14  
Old 02-19-2013, 05:05 PM
DJHomie's Avatar
DJHomie DJHomie is offline
Officially Welcomed to the 'Fest
Location: Long Island, NY
 
Join Date: Nov 2012
Posts: 230
Mein Auto: 2013 535Xi M Sport
Quote:
Originally Posted by mryakanisachoad View Post
I still say its a lemon. Why would the dealer dump it to a wholesaler like Manheim?
Without a doubt, I would still be asking alot of questions.
Reply With Quote
  #15  
Old 02-19-2013, 05:07 PM
samkumar samkumar is offline
Registered User
Location: NYC
 
Join Date: Jan 2013
Posts: 45
Mein Auto: 2005 911 S Cab 2011 535ix
Quote:
Originally Posted by mryakanisachoad View Post
I still say its a lemon. Why would the dealer dump it to a wholesaler like Manheim?

There's the rub !! How do I find out. It's so tempting to pull the trigger. It's got every imaginable option, other than M sport. Perfect color combination to boot.

Last edited by samkumar; 02-19-2013 at 05:09 PM.
Reply With Quote
  #16  
Old 02-19-2013, 05:15 PM
quackbury's Avatar
quackbury quackbury is offline
///Monkeyazz Duck
Location: Not In Kansas Any More
 
Join Date: Dec 2005
Posts: 4,456
Mein Auto: 535i M Sport; 328i Wagon
Dealer demos don't have 250 miles on them. And it has too few miles to be a trade assist or a lemon.

My guess: Dealer "punched" the car (reported it sold) to qualify for some sales support program or another. It could be that it was actually titled, but the original buyer refused delivery. If that is the case, the warranty started running on the day it was punched, meaning the car may have 2 years less warranty than a 2013, unless you can get it CPO'ed.

Sales support on the 2011's ended around December of 2012, meaning that it no longer qualified for new car lease rates or financing.

This could be a SMOKING deal for a cash buyer who puts a lot of miles on his or her vehicles. Buy this, drive it for 2 years, put 20,000 miles a year on it, and you can still sell / trade it as a low mileage 2011 in 2015. But you would certainly need to do a pre-purchase inspection.
__________________


Current BMW's:
2014 535i MSport Space / Black, ZCW, ZDA, ZLP, ZLS, ZPP, H-K and 704
2014 328i Sport Wagon, Glacier / Black, ZSL, ZD2, ZD3, ZDH, ZLP, ZPP, ZTP, and H-K

Prior BMW's
2011 535ix MSport
2011 X5 35D
2008 ///M3 Vert
2008 X5 3.0
2007 X5 3.0
2006 X5 3.0
2006 550iA SP
2003 540iA M-Technic
Reply With Quote
  #17  
Old 02-19-2013, 05:19 PM
samkumar samkumar is offline
Registered User
Location: NYC
 
Join Date: Jan 2013
Posts: 45
Mein Auto: 2005 911 S Cab 2011 535ix
You hit the nail on the head ! That's excatly what the used dealer said. The car was special ordered and the customer refused delivery. The car then got auctioned off and they bought it. Man, This could truly be a SMOKING deal.

Last edited by samkumar; 02-19-2013 at 05:21 PM.
Reply With Quote
  #18  
Old 02-19-2013, 05:34 PM
mr29 mr29 is offline
Officially Welcomed to the 'Fest
Location: ohio
 
Join Date: Sep 2012
Posts: 574
Mein Auto: bmw
awesome deal if the dealer is telling the truth and u can get the warranty fixed

Sent from my XT557 using Bimmer App
Reply With Quote
  #19  
Old 02-19-2013, 05:36 PM
mryakanisachoad's Avatar
mryakanisachoad mryakanisachoad is offline
Officially Welcomed to the 'Fest
Location: brooklyn,ny
 
Join Date: Aug 2008
Posts: 570
Mein Auto: 550xi / 135i / M5
Why would Manheim go out of their way to definitively say that the car was a demonstrator if it wasn't? I know they're a wholesaler and all but if they were looking to sell a story they could come up with a better one than that.

Why did the dealer title and register the car on 1/31/11?

I guess it could be something leftfield like the buyer never showed up for delivery? Perhaps someone was making the payments (like an Estate?) and the dealer sort of got stuck with the car??

Last edited by mryakanisachoad; 02-19-2013 at 05:40 PM.
Reply With Quote
  #20  
Old 02-19-2013, 05:39 PM
mryakanisachoad's Avatar
mryakanisachoad mryakanisachoad is offline
Officially Welcomed to the 'Fest
Location: brooklyn,ny
 
Join Date: Aug 2008
Posts: 570
Mein Auto: 550xi / 135i / M5
Quote:
Originally Posted by samkumar View Post
You hit the nail on the head ! That's excatly what the used dealer said. The car was special ordered and the customer refused delivery. The car then got auctioned off and they bought it. Man, This could truly be a SMOKING deal.
But that's not what they put in the ad. They wrote that it was a dealer demo.

So one of those two stories, or both, is a lie.

Btw- whoever ordered that car loves options lol. Holy cow!

Last edited by mryakanisachoad; 02-19-2013 at 05:48 PM.
Reply With Quote
  #21  
Old 02-19-2013, 06:03 PM
ausdude's Avatar
ausdude ausdude is offline
Officially Welcomed to the 'Fest
Location: Austin
 
Join Date: Dec 2012
Posts: 1,091
Mein Auto: 2013 BMW 550i M-Sport
Its not uncommon for the dealer to purchase the car as a demo but not title it. They do this to increase sales. Check into it, this is probably the case.
Reply With Quote
  #22  
Old 02-19-2013, 06:54 PM
swajames swajames is offline
Officially Welcomed to the 'Fest
Location: Silicon Valley
 
Join Date: Jan 2005
Posts: 997
Mein Auto: Jaguar F-Type V8 S
Quote:
Originally Posted by quackbury View Post
Dealer demos don't have 250 miles on them. And it has too few miles to be a trade assist or a lemon.

My guess: Dealer "punched" the car (reported it sold) to qualify for some sales support program or another. It could be that it was actually titled, but the original buyer refused delivery. If that is the case, the warranty started running on the day it was punched, meaning the car may have 2 years less warranty than a 2013, unless you can get it CPO'ed.

Sales support on the 2011's ended around December of 2012, meaning that it no longer qualified for new car lease rates or financing.

This could be a SMOKING deal for a cash buyer who puts a lot of miles on his or her vehicles. Buy this, drive it for 2 years, put 20,000 miles a year on it, and you can still sell / trade it as a low mileage 2011 in 2015. But you would certainly need to do a pre-purchase inspection.
My guess is that you are bang on the money.
__________________
2014 Jaguar F-Type V8 S
Range Rover HSE Lux, Orkney Gray, Sand interior
Porsche 911 Carrera S Convertible, Midnight Blue, 6-Speed
BMW 550i, BMW 545i
Reply With Quote
  #23  
Old 02-19-2013, 06:58 PM
cordoor's Avatar
cordoor cordoor is online now
cor door sedan
Location: Utah
 
Join Date: Jun 2012
Posts: 856
Mein Auto: 2013 550i xDrive
Regardless of how it arrived at its original dealership (BMW of Southampton), it had 6 miles on it. Then, something happened: someone refused delivery, it was used as a demo, it was driven once to the country side for a fishing trip, whatever, it makes no difference. Then time passed and the dealer was *unable* to lease the vehicle to someone with some kind of smoking deal.

I have a friend who leased an F10 demo and got a fantastic deal on his lease. The vehicle had just under 5K miles on it already. They offered him a deal he couldn't refuse.

I am not too familiar with BMW of Southampton, but right now they have 23 new F10's sitting on their lot, so they must move at least some F10's. Are we to assume that this one particular vehicle that used to be sitting on their lot could not be moved even with a smoking lease deal? I don't think so.

If I'm a dealer, there is no way I'm risking taking a 25K hit going to auction with a new vehicle when I could move it by offering a fantastic lease deal on it within the first 12 months, or waiting for the right all-cash buyer and giving him a sweet action deal.

But look at this vehicle. It sat on BMW of Southampton's lawn for 26 months!

"Fishy" is about all I can imagine right now regarding this vehicle.

I would suggest double-checking the Carfax with an AutoCheck report. Carfax history can be modified but AutoCheck cannot, which is why everyone is moving to AutoCheck.

Then also, you could do this, which some people have done: Request a two or three day "test drive" so you can thoroughly check it out.
__________________
2013 550i xDrive | Jet Black | Venetian Beige | Dark Red Sycamore | M Sport | Dynamic Handling | Sport Auto Trans
2008 535xi | Jet Black | Cream Beige | Burl Wood | Sport



See, when the Government spends money, it creates jobs; whereas when the money is left in the hands of Taxpayers, God only knows what they do with it. Bake it into pies, probably. Anything to avoid creating jobs. - Dave Barry

Last edited by cordoor; 02-19-2013 at 07:05 PM.
Reply With Quote
  #24  
Old 02-20-2013, 05:15 AM
radarguy radarguy is offline
Officially Welcomed to the 'Fest
Location: Connecticut
 
Join Date: Feb 2010
Posts: 782
Mein Auto: 2011 535ix sport
BMW South Hampton is a short drive from Brooklyn. Drive out there and talk to the new car manager and ask what the real story is. One that you may not get over the phone. I'm sure they remember the car. Of course they will want to sell you a car off of their lot, but it's worth a try before you plunk down $54,000.
Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 5 Series > F10 / F11 (2011 - Current)
Today's Posts Search
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



Forum Jump


All times are GMT -7. The time now is 03:59 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
© 2001-2011 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms