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 > 7 Series / 8 Series > 7 Series - F01 / F02 (2009 - current)

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

Reply
 
Thread Tools Display Modes
  #1  
Old 07-06-2013, 06:17 AM
bmwfromcali bmwfromcali is offline
Registered User
Location: Los Angeles
 
Join Date: Jan 2012
Posts: 84
Mein Auto: '12 535i
2011 740Li CPO - Fair Price?

I found the following 2011 F02 740Li Certified Preowned for sale here locally in So Cal. Its's got really low miles, 22k, and they've put a brand new set of tires on it. From the looks of it, thats about all it needed for their reconditioning.

•CONVENIENCE PKG
•LUXURY SEATING PKG
•M SPORT PKG
•PREMIUM SOUND PKG
•REAR ENTERTAINMENT PKG
•20" X 8.5" FRONT & 20" X 10.0" REAR DOUBLE-SPOKE LIGHT ALLOY M WHEELS (STYLE 303M)

Original MSRP was 93k. They paid $42414.00 for the vehicle to buy it from BMWFS plus CPO and recon costs. Not sure how much lower i can get them.

Their asking 53,995 for the vehicle and I got them down to $50k plus tax, license, etc. They wouldn't budge anymore on price but instead offered 0.9% financing for the 72 months term instead of 1.9, which saves me a few bucks.

Is that an ok deal?

Last edited by bmwfromcali; 07-06-2013 at 06:19 AM.
Reply With Quote
Advertisement
  #2  
Old 07-06-2013, 08:41 AM
wjjklj's Avatar
wjjklj wjjklj is offline
Officially Welcomed to the 'Fest
Location: Louisville, Kentucky USA
 
Join Date: Dec 2008
Posts: 1,586
Mein Auto: 2009 750i
2011 740Li CPO - Fair Price?

Click image for larger version

Name:	ImageUploadedByBimmerApp1373125273.067792.jpg
Views:	173
Size:	99.9 KB
ID:	385307


Sent from BimmerApp mobile app
__________________
Reply With Quote
  #3  
Old 07-06-2013, 03:20 PM
light1 light1 is offline
Officially Welcomed to the 'Fest
Location: VA
 
Join Date: Feb 2009
Posts: 298
Mein Auto: 2011 335xi, 2009 750LI
Ok deal financing wins it!

Or you find local dealer to get same at 43k, pay them $500 and get better than cpo warranty
__________________
2011 335xi green/oyster, tech, cold, premium
2009 750li champagne silver metalic/oyster, all options (minus) - rear video
Reply With Quote
  #4  
Old 07-06-2013, 07:06 PM
ndavani's Avatar
ndavani ndavani is offline
Officially Welcomed to the 'Fest
Location: Laguna Beach, CA
 
Join Date: May 2009
Posts: 371
Mein Auto: 750i
The lease residual on my 2011 740i was $51k and it had an msrp sticker of $91k. $50k including tax would be a reasonable deal. Anything over and you're paying too much, anything under, you're getting a pretty good deal.

I turned it in and got a 2013 750i that was custom ordered for $97k. Paid $500 over invoice which is $8,600 off about 9% discount.
__________________


2013 750i (F01) :: M-Sport | Executive Pkg (BMW Apps / Ceramic Controls / Front Ventilated Seats / Power rear & side window sunshades rear sunshade / Smartphone Integration / Head-up Display / Instrument panel with Napa leather) | Rear Entertainment Pkg | 20" 303 5 spoke wheels
Reply With Quote
  #5  
Old 07-06-2013, 09:02 PM
bmwfromcali bmwfromcali is offline
Registered User
Location: Los Angeles
 
Join Date: Jan 2012
Posts: 84
Mein Auto: '12 535i
Quote:
Originally Posted by ndavani View Post
The lease residual on my 2011 740i was $51k and it had an msrp sticker of $91k. $50k including tax would be a reasonable deal. Anything over and you're paying too much, anything under, you're getting a pretty good deal.

I turned it in and got a 2013 750i that was custom ordered for $97k. Paid $500 over invoice which is $8,600 off about 9% discount.
Taking into account the CPO and this was an 740Li with MSRP of 93k, I took the deal at 49,995 plus taxes, etc. The financing is what won me over. I couldn't get any better than 0.9%.
Reply With Quote
  #6  
Old 07-06-2013, 09:50 PM
ndavani's Avatar
ndavani ndavani is offline
Officially Welcomed to the 'Fest
Location: Laguna Beach, CA
 
Join Date: May 2009
Posts: 371
Mein Auto: 750i
That's a decent deal. Congrats. The L is about $800 more, and the CPO another $1,200 in value but a retail cost of $2,600 or so. Enjoy!
__________________


2013 750i (F01) :: M-Sport | Executive Pkg (BMW Apps / Ceramic Controls / Front Ventilated Seats / Power rear & side window sunshades rear sunshade / Smartphone Integration / Head-up Display / Instrument panel with Napa leather) | Rear Entertainment Pkg | 20" 303 5 spoke wheels
Reply With Quote
  #7  
Old 07-12-2013, 09:42 PM
bmwfromcali bmwfromcali is offline
Registered User
Location: Los Angeles
 
Join Date: Jan 2012
Posts: 84
Mein Auto: '12 535i
I also just found out that my first couple payments are also covered by BMWFS. That's another $1500 savings that the dealer forgot to tell me about.

I'm loving the car so far. Love the m-Sport package and so happy I held out for one with it.
Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 7 Series / 8 Series > 7 Series - F01 / F02 (2009 - 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 03:31 AM.


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