Is this a good price on 2011 Demo 550i?

C'sM3 · 02-06-2012, 08:40 PM

Hey guys and gals,

I just got a price from a BMW dealership on a 2011 550i 6 speed with M sport package, active ventilated seats, and the premium 2 package. The MSRP is just under $72,000.00 The warranty just started this month on it, so it still has 4 years or 50,000 mi. starting now. It only has 1,800 mi. They gave me a price of $60,000.00!!!! I'm really tempted to pull the trigger but I'm concernened about resale value. What do you all think of the price and its resale value once I drive it off the lot?

sanf · 02-06-2012, 08:43 PM

To me, it's not a good price.

C'sM3 · 02-07-2012, 08:31 AM

Quote:

Originally Posted by sanf

To me, it's not a good price.

Can you at least elaborate a little on your opinion?

DoD74 · 02-08-2012, 11:12 AM

I think $60,000 is a great price for that model and those options. If the sticker is $72,000 and you can truly get it for $60,000 you're saving $12,000 dollars, which is effectively the depreciation most cars take over the first couple of years. To me that automatically helps your residual and trade in values, as you're already paying the "after depreciation" price...

AlterZgo · 02-14-2012, 03:14 AM

That sounds like a great deal. It's very hard to find a 6MT M-sport. I would get it if it were in my area. With respect to resale, the 6MT will make the car harder to sell. But, if you wan a 6MT, you can't worry too much about resale.

space328i · 02-14-2012, 09:47 AM

hey what the dealer so i can see some picture im very interested in thias car

Quote:

Originally Posted by C'sM3

Hey guys and gals,

I just got a price from a BMW dealership on a 2011 550i 6 speed with M sport package, active ventilated seats, and the premium 2 package. The MSRP is just under $72,000.00 The warranty just started this month on it, so it still has 4 years or 50,000 mi. starting now. It only has 1,800 mi. They gave me a price of $60,000.00!!!! I'm really tempted to pull the trigger but I'm concernened about resale value. What do you all think of the price and its resale value once I drive it off the lot?

C'sM3 · 02-14-2012, 01:04 PM

Quote:

Originally Posted by space328i

hey what the dealer so i can see some picture im very interested in thias car

Yes, it is Autohouse BMW in St. Luis, MO. I ended up getting a used one locally.

02-06-2012, 08:40 PM	#1
C'sM3 Private First Class 37 Rep 161 Posts Drives: 2016 328i xdrive wagon Join Date: Feb 2010 Location: Charlotte, NC iTrader: (1)	Is this a good price on 2011 Demo 550i? Hey guys and gals, I just got a price from a BMW dealership on a 2011 550i 6 speed with M sport package, active ventilated seats, and the premium 2 package. The MSRP is just under $72,000.00 The warranty just started this month on it, so it still has 4 years or 50,000 mi. starting now. It only has 1,800 mi. They gave me a price of $60,000.00!!!! I'm really tempted to pull the trigger but I'm concernened about resale value. What do you all think of the price and its resale value once I drive it off the lot?
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02-06-2012, 08:43 PM	#2
sanf Second Lieutenant 21 Rep 261 Posts Drives: F10 535XI Join Date: Jul 2011 Location: East Coast iTrader: (1)	To me, it's not a good price.
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02-08-2012, 11:12 AM	#4
DoD74 Private First Class 7 Rep 136 Posts Drives: 2012 BMW 335i Coupe Join Date: Jun 2009 Location: Dallas iTrader: (0)	I think $60,000 is a great price for that model and those options. If the sticker is $72,000 and you can truly get it for $60,000 you're saving $12,000 dollars, which is effectively the depreciation most cars take over the first couple of years. To me that automatically helps your residual and trade in values, as you're already paying the "after depreciation" price... __________________ BMW History: 2000 328iS\|2002 E39 530i\|2005 E60 530i\|2007 328i Coupe\|2009 335i Coupe\|2012 335i Coupe
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02-14-2012, 03:14 AM	#5
AlterZgo Lieutenant Colonel 1538 Rep 1,665 Posts Drives: 23 X3 M40i, 21 911S, 24 Taycan Join Date: Sep 2010 Location: Gilbert, AZ iTrader: (0)	That sounds like a great deal. It's very hard to find a 6MT M-sport. I would get it if it were in my area. With respect to resale, the 6MT will make the car harder to sell. But, if you wan a 6MT, you can't worry too much about resale.
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