Good Deal on a 2013 550?

Boulder Bill · 12-03-2012, 08:26 PM

Dealer has a 2013 550 with only 1,500 miles on it. In service date in October. I guess someone didn't like the car and turned it back in because the seat was uncomfortable? Anyway, Nappa Leather; Luxury Seating Package; Dynamic Handling Package; M Sport package; Executive Package; Bang & Olufsen stereo; Heated Front Seats.

Sticker was $81,700. Looking to pay $68,000.

Any thoughts on price and some of the above options, not all of which I was thinking of springing for?

Many thanks,

Bill

M2COMP · 12-03-2012, 08:28 PM

I think it's reasonable price for 1500 miles.

EV0LVE · 12-03-2012, 09:20 PM

Check all service record and make sure it's not a lemon. Otherwise a good buy.

The X Men · 12-04-2012, 02:19 PM

Hard to believe someone would find the Luxury Seating Package with Nappa Leather uncomfortable. I would try to find out the real reason why it was returned to the dealer.

BigKutta · 12-04-2012, 02:19 PM

I would check any and all repair and warranty work on the car and offer them $65k if it checks out. Remember it is a used car and someone already took a haircut on it

Gilgorm · 12-04-2012, 02:28 PM

+1
Why was it returned? Service issues, etc.
Good luck with the deal. Sounds good to me.

In July 2012, I bought a 2012 535i X-drive with 133km (84m) as a used car (second owner) when the first owner (93 year old) lost his license and returned the car for a 3 series for his son. Car was plated for only two weeks. I saved $12,000 plus taxes plus all the upfront costs of a new car, got a full warranty etc.

Boulder Bill · 12-04-2012, 03:58 PM

Dealer seemed as mystified as me about someone finding the seats in this car to be uncomfortable. I have an 02 and it is still one of the more comfortable cars I have driven 10 years later.

Evidently the first owner has longstanding back issues, but still . . .

Getting the carfax and asking about maintanence issues, but I wouldn't expect ANY in the first 1,500 miles. Paying $68K including covered shipping accross the country. Seems like a good deal. Unless there are wet haddock in the trunk from Sandy.

The X Men · 12-04-2012, 04:32 PM

Quote:

Originally Posted by Boulder Bill

Paying $68K including covered shipping accross the country. Seems like a good deal. Unless there are wet haddock in the trunk from Sandy.

So you have not even seen or driven the car yet? This deal is sounding worst and worst by the minute.

Boulder Bill · 12-04-2012, 04:51 PM

Quote:

Originally Posted by The X Men

So you have not even seen or driven the car yet? This deal is sounding worst and worst by the minute.

Why, out of curiosity? From a reputable dealer. All warranty remaining. Plenty of photos. Carfax checks out. No real reason for suspicion. What is worse and worser about it?

JimmyD · 12-04-2012, 08:37 PM

Before someone bought an $80,000 car, they didnt test drive it for a while to see if the seats would be a problem before they bought it??? Really what could be wrong besides storm damage, the warranty should cover anything that could happen.

OzDriver · 12-04-2012, 08:55 PM

Quote:

Originally Posted by Boulder Bill

Getting the carfax and asking about maintanence issues, but I wouldn't expect ANY in the first 1,500 miles. Paying $68K including covered shipping accross the country. Seems like a good deal. Unless there are wet haddock in the trunk from Sandy.

If they will sell it to you for $68K, the dealer probably didn't pay much more than $60K for it. Means someone has walked away from a 2 month old car and dropped 20 grand in the process, I'd want to know why they did that.

The story about seats doesn't wash either, what person with a back problem doesn't try out the seats thoroughly in an $80K new car they are about to buy

Boulder Bill · 12-04-2012, 09:59 PM

I agree with your logical skepticism - I am actually a professional skeptic I suppose. But I now have Carfax and it is clean (car actually turned in after 260 miles and driven by dealer for 1,300). Very strange. But BMW would have record of any lemon/maintanence issues were there any. No dealer is going to sell a car of this value and misrepresent these facts to me (Used Car Manager knows I'm a lawyer

).

As to the original customer, never underestimate the thousands of people out there who don't share your reasonable value of money. He leased the car and walked away from quite a bit of $$. But folks do it all the time.

Anyway, I suppose there is some risk. But the value is good, not crazy don't be a fool great. I have 48,500 miles of warranty and think it is worth moving forward with. I promise to follow up and let you know if I've been had.

Bill

JimmyD · 12-04-2012, 10:29 PM

Maybe he upgraded to the M5 when it came out...I know I thought about taking that same loss...

OzDriver · 12-05-2012, 12:08 AM

In that case (putting skepticism away for a moment

), it does sound like a reasonable deal.

Seattle135is · 12-05-2012, 10:17 PM

Quote:

Originally Posted by Boulder Bill

I agree with your logical skepticism - I am actually a professional skeptic I suppose. But I now have Carfax and it is clean (car actually turned in after 260 miles and driven by dealer for 1,300). Very strange. But BMW would have record of any lemon/maintanence issues were there any. No dealer is going to sell a car of this value and misrepresent these facts to me (Used Car Manager knows I'm a lawyer

).

As to the original customer, never underestimate the thousands of people out there who don't share your reasonable value of money. He leased the car and walked away from quite a bit of $$. But folks do it all the time.

Anyway, I suppose there is some risk. But the value is good, not crazy don't be a fool great. I have 48,500 miles of warranty and think it is worth moving forward with. I promise to follow up and let you know if I've been had.

Bill

The one sure of knowing if this car is a BMW buy back is to check if this vehicle is a CPO and if it qualifies for an extended warranty...

Boulder Bill · 12-07-2012, 09:32 AM

Loaded onto a truck today for delivery next week. We shall see.

M2COMP · 12-07-2012, 10:38 AM

I think you made a right decision. Good luck and don't forget to post pictures.

yosheego · 12-07-2012, 08:13 PM

It's a good buy. =D

MELLOWYELLOW06 · 12-08-2012, 03:51 AM

congrats and great buy!

Bucaro · 12-09-2012, 11:53 AM

I am about to dump my 550 in a similar way. One, I did not like the feel of isolation I get while driving a manual car where I get no enjoyment of shifting it myself. But, more importantly, my dealership was unable to fix a vibration that is persistent between 1,500 and 2,000 rpms. My point is, my car will probably be sold to someone who will not notice the vibration and be happy with it. I in turn, will be very happy with my M5...

alpinef10 · 12-09-2012, 04:49 PM

You realize that you can buy a car at 5000-6000 below sticker price plus the incentives that are out right now which add up to another $3,000 for a total of $9000. Why buy used when you can buy new and pay a few thousand more.

BigKutta · 12-11-2012, 11:53 AM

Quote:

Originally Posted by savion19

You realize that you can buy a car at 5000-6000 below sticker price plus the incentives that are out right now which add up to another $3,000 for a total of $9000. Why buy used when you can buy new and pay a few thousand more.

I agree, especially this time of the year. slightly used cars are more expensive than new cars

12-03-2012, 08:26 PM	#1
Boulder Bill First Lieutenant 61 Rep 371 Posts Drives: 2018 Porsche Cayman GTS Join Date: Aug 2012 Location: Colorado iTrader: (0)	Good Deal on a 2013 550? Dealer has a 2013 550 with only 1,500 miles on it. In service date in October. I guess someone didn't like the car and turned it back in because the seat was uncomfortable? Anyway, Nappa Leather; Luxury Seating Package; Dynamic Handling Package; M Sport package; Executive Package; Bang & Olufsen stereo; Heated Front Seats. Sticker was $81,700. Looking to pay $68,000. Any thoughts on price and some of the above options, not all of which I was thinking of springing for? Many thanks, Bill
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12-03-2012, 08:28 PM	#2
M2COMP Captain 498 Rep 618 Posts Drives: 2011 X5, 2013 550xi, M2C Join Date: Jan 2011 Location: Southeast iTrader: (0)	I think it's reasonable price for 1500 miles.
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12-03-2012, 09:20 PM	#3
EV0LVE Captain 42 Rep 776 Posts Drives: F10 535i SG Join Date: Dec 2010 Location: So Cal iTrader: (1)	Check all service record and make sure it's not a lemon. Otherwise a good buy.
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12-04-2012, 02:19 PM	#4
The X Men Colonel 99 Rep 2,323 Posts Drives: 2013 X3 35i Join Date: Mar 2012 Location: MA iTrader: (0)	Hard to believe someone would find the Luxury Seating Package with Nappa Leather uncomfortable. I would try to find out the real reason why it was returned to the dealer.
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12-04-2012, 02:19 PM	#5
BigKutta Brigadier General 3904 Rep 4,047 Posts Drives: 2020 M2C, 2019 330xi, 2017 Q7 Join Date: Jan 2012 Location: Washington DC Burbs iTrader: (1) Garage List 2019 330xi [0.00] 2017 Audi Q7 3.0 [0.00] 2020 M2C [0.00]	I would check any and all repair and warranty work on the car and offer them $65k if it checks out. Remember it is a used car and someone already took a haircut on it
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12-04-2012, 02:28 PM	#6
Gilgorm Second Lieutenant 24 Rep 237 Posts Drives: 2018 640i Xdrive GT Join Date: Jul 2012 Location: Toronto, Canada iTrader: (0)	+1 Why was it returned? Service issues, etc. Good luck with the deal. Sounds good to me. In July 2012, I bought a 2012 535i X-drive with 133km (84m) as a used car (second owner) when the first owner (93 year old) lost his license and returned the car for a 3 series for his son. Car was plated for only two weeks. I saved $12,000 plus taxes plus all the upfront costs of a new car, got a full warranty etc. __________________ 2018 640ix GT; Alpine White, Blk Nappa, Piano; M-sport, Premium (Ceramic, SIRIUS, Soft-close, Vent/Massage Comfort seats, Surround, Sunshades, Parking Ass't), Advanced Driver Ass't (Lane keep, Steering/Lane control, Cross traffic, ACC with Stop/Go), Smartphone, Tint. Retired: 78 300D, 81 300SD, 87 190E, 88 Porsche 924, 89 260E, 93 300E, 97 Volvo 850, 98 E320, 03 BMW 325iT, 02 C230 Sport Coupe, 08 BMW 535i, 12 BMW 535i X-drive
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12-04-2012, 03:58 PM	#7
Boulder Bill First Lieutenant 61 Rep 371 Posts Drives: 2018 Porsche Cayman GTS Join Date: Aug 2012 Location: Colorado iTrader: (0)	Dealer seemed as mystified as me about someone finding the seats in this car to be uncomfortable. I have an 02 and it is still one of the more comfortable cars I have driven 10 years later. Evidently the first owner has longstanding back issues, but still . . . Getting the carfax and asking about maintanence issues, but I wouldn't expect ANY in the first 1,500 miles. Paying $68K including covered shipping accross the country. Seems like a good deal. Unless there are wet haddock in the trunk from Sandy.
	Appreciate 0 Quote

12-04-2012, 08:37 PM	#10
JimmyD Jimmy D. 2011 F-10 550i Sport, Black Sapphire 15 Rep 133 Posts Drives: 2011 F-10 550i Join Date: Sep 2012 Location: S.C. iTrader: (0) Garage List 2011 BMW 550i [0.00]	Before someone bought an $80,000 car, they didnt test drive it for a while to see if the seats would be a problem before they bought it??? Really what could be wrong besides storm damage, the warranty should cover anything that could happen.
	Appreciate 0 Quote

12-04-2012, 09:59 PM	#12
Boulder Bill First Lieutenant 61 Rep 371 Posts Drives: 2018 Porsche Cayman GTS Join Date: Aug 2012 Location: Colorado iTrader: (0)	I agree with your logical skepticism - I am actually a professional skeptic I suppose. But I now have Carfax and it is clean (car actually turned in after 260 miles and driven by dealer for 1,300). Very strange. But BMW would have record of any lemon/maintanence issues were there any. No dealer is going to sell a car of this value and misrepresent these facts to me (Used Car Manager knows I'm a lawyer ). As to the original customer, never underestimate the thousands of people out there who don't share your reasonable value of money. He leased the car and walked away from quite a bit of $$. But folks do it all the time. Anyway, I suppose there is some risk. But the value is good, not crazy don't be a fool great. I have 48,500 miles of warranty and think it is worth moving forward with. I promise to follow up and let you know if I've been had. Bill
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12-04-2012, 10:29 PM	#13
JimmyD Jimmy D. 2011 F-10 550i Sport, Black Sapphire 15 Rep 133 Posts Drives: 2011 F-10 550i Join Date: Sep 2012 Location: S.C. iTrader: (0) Garage List 2011 BMW 550i [0.00]	Maybe he upgraded to the M5 when it came out...I know I thought about taking that same loss...
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12-05-2012, 12:08 AM	#14
OzDriver Private First Class 6 Rep 114 Posts Drives: '13 535i & '08 530i Join Date: Oct 2012 Location: Sydney iTrader: (0)	In that case (putting skepticism away for a moment ), it does sound like a reasonable deal.
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12-07-2012, 09:32 AM	#16
Boulder Bill First Lieutenant 61 Rep 371 Posts Drives: 2018 Porsche Cayman GTS Join Date: Aug 2012 Location: Colorado iTrader: (0)	Loaded onto a truck today for delivery next week. We shall see.
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12-07-2012, 10:38 AM	#17
M2COMP Captain 498 Rep 618 Posts Drives: 2011 X5, 2013 550xi, M2C Join Date: Jan 2011 Location: Southeast iTrader: (0)	I think you made a right decision. Good luck and don't forget to post pictures.
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12-07-2012, 08:13 PM	#18
yosheego Private 6 Rep 80 Posts Drives: 2011 X5 xDrive35i Sport Join Date: Dec 2010 Location: Lafayette, LA iTrader: (0)	It's a good buy. =D
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12-08-2012, 03:51 AM	#19
MELLOWYELLOW06 Major 331 Rep 1,205 Posts Drives: 2020 M8 & 2022 X& M50i Join Date: Nov 2012 Location: SOCAL iTrader: (0)	congrats and great buy!
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12-09-2012, 11:53 AM	#20
Bucaro Private 4 Rep 54 Posts Drives: 2013 M5 Join Date: Jul 2008 Location: Texas iTrader: (0)	I am about to dump my 550 in a similar way. One, I did not like the feel of isolation I get while driving a manual car where I get no enjoyment of shifting it myself. But, more importantly, my dealership was unable to fix a vibration that is persistent between 1,500 and 2,000 rpms. My point is, my car will probably be sold to someone who will not notice the vibration and be happy with it. I in turn, will be very happy with my M5...
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12-09-2012, 04:49 PM	#21
alpinef10 Private First Class 2 Rep 105 Posts Drives: BMW 550xi M sport Join Date: Jul 2010 Location: New York iTrader: (0)	You realize that you can buy a car at 5000-6000 below sticker price plus the incentives that are out right now which add up to another $3,000 for a total of $9000. Why buy used when you can buy new and pay a few thousand more.
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