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7 Series - F01 / F02 (2009 - current)
The new re-designed 7 series F01 / F02 leads off the BMW Fxx chassis code!

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  #1  
Old 03-01-2015, 07:08 PM
sdshah sdshah is offline
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About to purchase a 2011 750LI X-Drive - Advice please

Hey all,

I am about to purchase a 2011 750LI X-Drive that has extended maintenance until September 2016. The car only has 16k miles on the clock and I have attached the build sheet and service records to this post.

The car is out of warranty; however, I have a full bumper to bumper insurance quote third party (Wanted or US Plus) in the 3-3.5k range for a 4 yr/60k mile warranty.

The car has an MSRP of 115k with every option that I want and low miles. Below are options and attached in build sheet:

Camera Package
Comfort Access
Cold Weather Package
Luxury Seating Package
Luxury Rear Seating Package
M Sports Package
Rear Entertainment Package
Dynamic Drive
Head-Up Display
Steering wheel heater
BMW LA wheel, M Double Spoke 303
HiFi System Professional DSP

My questions are:

1) For a car without warranty is 43.5K a good price? The car is super loaded, great condition, and has the extended maintenance.

2) I have read all about the N63 Engine Recall. So this would be something I would address when I take delivery of the car or during the inspection of the car which is happening this week. This is also needed for the extended warranty.

Am I still foolish to buy a car without warranty that hasnt been taken in for the Customer Care?

Also, does anything in these repair records indicate those issues? The car has barely been driven

Grateful for all help - making the switch from bimmerpost for this as the 7 series board here is way more active.

Thanks!
Attached Files
File Type: pdf dshahcali.pdf (8.7 KB, 43 views)
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  #2  
Old 03-02-2015, 10:14 AM
sdshah sdshah is offline
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Responses from all the 7 series owners is much appreciated! Looking to make this move ASAP.
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  #3  
Old 03-02-2015, 10:57 AM
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Leslierc Leslierc is online now
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The price seems a bit high, but maybe only by $1K-$1.5K. For what it's worth, when I sold my low mileage `11 MSport 750i xDrive in July 2012, I sold it to a Porsche dealer who gave me $58K for the car and then listed it for $65K. I think there's a little room to negotiate.
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  #4  
Old 03-02-2015, 11:03 AM
sdshah sdshah is offline
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Thanks for the reply. I got him down from 48.5 to 43.5. It is about 37% percent of original sticker but I still have to pay for that warranty. I think I read here the best place to be would be 35% - However, I am in love with the options and it is a California Car. I am in Chicago and a lot of the cars over here have the winter abuse.

I cant find anything that has this mileage for that low of a price not even considering the options. If anyone has seen anything out there listed that would be great.

Thanks
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  #5  
Old 03-02-2015, 11:20 AM
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kimg9582 kimg9582 is offline
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What's a couple of thousand dollars here and there.... I think it's more important to get the "right" car more so than the small price difference. The spec sure reads like it's fully loaded plus it has super low miles.
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  #6  
Old 03-02-2015, 12:43 PM
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Leslierc Leslierc is online now
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Quote:
Originally Posted by kimg9582 View Post
What's a couple of thousand dollars here and there.... I think it's more important to get the "right" car more so than the small price difference. The spec sure reads like it's fully loaded plus it has super low miles.
What he said!
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  #7  
Old 03-02-2015, 01:19 PM
singal3 singal3 is online now
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This car is fully loaded, it has every option except night vision/active cruise control. It's actually quite rare, it took me 6 months when I had originally bought mine to find a loaded car like that. On top of that it's hardly been driven. You have clearly negotiated a great price, I don't think you will find another car with low miles, those options and at that price!
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  #8  
Old 03-02-2015, 03:47 PM
barryinsurance barryinsurance is offline
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that is a great deal

great deal low miles plenty of options
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  #9  
Old 03-02-2015, 11:54 PM
sdshah sdshah is offline
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Thanks for the help guys. I am guessing with the miles listed, CCP, and purchasing the warranty I should be okay to take the gamble on the N63. I hope it works out as the 750LI is one hell of a car with a whole lot of goodies.
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  #10  
Old 03-03-2015, 06:11 AM
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jimmysab133 jimmysab133 is offline
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Here's another tip that might help with price negotiations...

Go to dealer with your smartphone USB cable and plug it into the center console. You'll see that the car won't recognize the phone. This is intended behavior given the build date and old combox.

From there simply say in your most persuasive tone: "What kind of lux sedan nowadays can't recognize music on a smartphone?"


You can do the same with the Bluetooth. Phone only, no audio.
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  #11  
Old 03-03-2015, 06:56 AM
singal3 singal3 is online now
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Quote:
Originally Posted by jimmysab133 View Post
Here's another tip that might help with price negotiations...

Go to dealer with your smartphone USB cable and plug it into the center console. You'll see that the car won't recognize the phone. This is intended behavior given the build date and old combox.

From there simply say in your most persuasive tone: "What kind of lux sedan nowadays can't recognize music on a smartphone?"


You can do the same with the Bluetooth. Phone only, no audio.
Good catch, looks like the vehicle just missed the cutoff, but I guess he could upgrade to a combox.
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  #12  
Old 03-03-2015, 07:51 AM
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1bad540 1bad540 is offline
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sounds like a great price to be honest, what color is it? I was looking for an alpine white one but jumped ship before finding the car as all the recalls just pissed me off to be honest. I had negotiated an alpine white 12 750i msport that was cpo at a dealer with 3500 yes 3500 miles for 51700, I hesitated because I was going in for major surgery 2 days later and I know the car was sold the same day.
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  #13  
Old 03-03-2015, 09:49 AM
sdshah sdshah is offline
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No Bluetooth Audio?!! Anyway to fix that?

Ugh

Quote:
Originally Posted by jimmysab133 View Post
Here's another tip that might help with price negotiations...

Go to dealer with your smartphone USB cable and plug it into the center console. You'll see that the car won't recognize the phone. This is intended behavior given the build date and old combox.

From there simply say in your most persuasive tone: "What kind of lux sedan nowadays can't recognize music on a smartphone?"


You can do the same with the Bluetooth. Phone only, no audio.
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  #14  
Old 03-03-2015, 09:55 AM
sdshah sdshah is offline
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Expensive and DIY to do this? Just googled it, looks like it might be more intricate than my skill set.

Quote:
Originally Posted by singal3 View Post
Good catch, looks like the vehicle just missed the cutoff, but I guess he could upgrade to a combox.
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  #15  
Old 03-03-2015, 04:16 PM
sdshah sdshah is offline
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Got the info from Patrick at Bimmer-Tech sounds good guys. Should probably do that retrofit soon after getting the car. Let me know if anyone has one for sale!
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  #16  
Old 03-03-2015, 05:50 PM
DLF750 DLF750 is offline
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Mein Auto: 2011 BMW 750i X Drive
I have a 2011 F01 M package, I assume your is an M, I didn't look at your list that closely, sorry. I paid $50k back in 2013 for mine with 27k miles on it and no extended warranty (Lexus Dealer). Yours has a few more options to be honest. I have HUD but no camera or luxury rear seating. I paid $4200 for an extended warranty from Mercury. I think your price might be a little high honestly. I'd try for $40k possibly.

As for the bluetooth, cheap and easy fix, get a Sainsonic device off amazon for about $15. It hooks into the glove box and it will give you bluetooth compatability for your music. No, you can't control it from the iDrive but then again, it is SO cheap! And the music sounds great in my opinion. I use it all the time for spotify.
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  #17  
Old 03-03-2015, 09:44 PM
sdshah sdshah is offline
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Thanks for the advice. I think at this point it may be tough to get it down since we negotiated down a bit. I haven't seen any pricing lower than this in all 50 states with this mileage and even less packages. I am guessing at this point the deprecation has started to taper off as this owner has lost about 80k after taxes in 4 yeas on the car.

I will definitely keep my eye out though. I have a buddy at car max who said if that car max in today in Chicago it would get offered at 41,000. I wish I could have closed the deal at 42,000 but the packages are just what I was looking for.

Quote:
Originally Posted by DLF750 View Post
I have a 2011 F01 M package, I assume your is an M, I didn't look at your list that closely, sorry. I paid $50k back in 2013 for mine with 27k miles on it and no extended warranty (Lexus Dealer). Yours has a few more options to be honest. I have HUD but no camera or luxury rear seating. I paid $4200 for an extended warranty from Mercury. I think your price might be a little high honestly. I'd try for $40k possibly.

As for the bluetooth, cheap and easy fix, get a Sainsonic device off amazon for about $15. It hooks into the glove box and it will give you bluetooth compatability for your music. No, you can't control it from the iDrive but then again, it is SO cheap! And the music sounds great in my opinion. I use it all the time for spotify.
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  #18  
Old 03-03-2015, 11:48 PM
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Bimmer32 Bimmer32 is offline
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If it feels right, get it. If you hesitate, don't get it. If you know too much, you probably won't get it.

Night vision is a toy, and active cruise will make you become a lazy driver. All the safety nannies will dull your driving skills and you will learn to dislike them . . . until one saves you.
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