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2010 2011 BMW 5 Series Forum F10 BMW 5-Series (F10) Forums General 5-Series Sedan and Wagon (F10 / F11) Forum These cars are worthless! Literally
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      06-12-2014, 11:58 AM   #23
omaralt
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Quote:
Originally Posted by i_max2k2 View Post
I have found that the car's sweet spot is to buy it less then 15kmiles and less then 1 yr used with 2 yrs of CPO added, normal annual depreciation out of the way, then keep it for at least 6yrs (5 of which will be in warranty!).
not in all cases. first off you cant lease; so you automatically eliminate most people who get these cars.

more importantly you dont get new car discounts/rebates. the dealer will show you the window sticker with an MSRP of $75K and tell you your getting a hell of a deal on this car thats only one year old and with 6K miles on it for $65K. a savings of $10K for only a few thousand miles! actually its not. that $75K new car could have been purchased/leased for ~$67K if you know what your doing. with all incentives, rebates, BMWCCA, etc you can easily knock 7-9% off the price of a new car. now add in the fact that you have less warranty/free maintenance on the used car and worse finance rates (if you finance) and you really havent saved any money.

in my limited experience the sweet spot is 2-3 years old with 20-30 k miles on them. that is where you get the best value. however many people want the experience of being the first in the car
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      06-12-2014, 12:42 PM   #24
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I agree with some of what you say, though I don't lease or finance.

But at 3 years/30,000 miles, you aren't picking up much of the original warranty. CPO is fine, but having as much warranty left as possible is pretty critical with a used vehicle purchase. ESPECIALLY a used 5 series BMW. This I know from experience.
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