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Discussion Starter #1 (Edited)
Carbon black 2003 M5, loaded with every factory option except for the wood trim. This includes the power rear sunshade, M-audio package with twin subwoofers, fold down rear seat with pass through, park distance control, tape deck (yeah it's an option on this car), sunroof, and all the standard goodies like the nav system, power heated leather seats with memory, climate control, rain sensing wipers, 6-speed manual transmission, etc. Also I've added a 20% tint all around (black with black interior gets hot) and an auxiliary in port for an iPod or any other audio. Comes with newish Goodyear Eagle F1 Supercar tires. California car, located in the LA area. Never seen snow, rarely seen rain.

16,200 miles. Asking $62,000. Email with [email protected]

 

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Took me a second to get it... :)

Nice car. If you've lurked for a while, you know what 03 pricing should be.

One thought- you might not make MORE on the deal, but this would be a tremendous 'leg up' on the market: work with a local BMW dealer so that they would CPO the car as part of a sales transaction. Strictly speaking, they can't cpo it for you, nor for someone who has already bought it- but they can 'buy it from you, cpo it, sell it to another'. If you come to them with a 'done deal' and all they need to do is paperwork, you miight get it done for $1300 for the cpo plus 500- 700 for their 'trouble'.

Many buyers value the cpo above and beyond that 2k.

Still, even with the cpo you're a bit high..

Good luck

A
 

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Discussion Starter #6
Well, I'm open to negotiations, and I'm in no rush to sell the car...just a feeler at the moment. If anyone has any offers, I'm all ears. Hadn't thought about that CPO (certified pre-owned, right?) thing before, thanks for the advice.
 

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FYI, in Oct. 04, I bought from a dealer an '03 CB with all options (luxury interior, i.e., no shades) and 14k on the clock. It was CPO'd with the extended warranty expiring 4/07 and got them to add the extended maintenance to the same date for $847.50. This made the total vehicle cost $62,847.50.

Moral: There's a lot of fluff in CPO pricing!! Good luck. 5driver
 

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meener said:
Car was bought in April 2003, 3 year warranty so...um *carries the one*...the warranty expires in April 2006. I have all service records.
* * * CORRECTION * * *

Sorry to correct you ... BUT ... Here's the Good NEWS ! ! !

Your CB 2003 is just like my CB 2003 and they BOTH came with 4 year/50,000 Mile Factory Warranty, whichever occurs first. Your warranty will be good till April 2007 and NOT April 2006 as you stated above.

Of ALL the lo-mileage (less than 20K) '02 and '03's I've seen for sale in the last
6 months or so, I'd say that your pricing is in the ballpark.

You can always drop your price ... BUT you can never ask for more! :M5launch:
 

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5driver said:
FYI, in Oct. 04, I bought from a dealer an '03 CB with all options (luxury interior, i.e., no shades) and 14k on the clock. It was CPO'd with the extended warranty expiring 4/07 and got them to add the extended maintenance to the same date for $847.50. This made the total vehicle cost $62,847.50.

Moral: There's a lot of fluff in CPO pricing!! Good luck. 5driver


I, too, must correct my late night rambling. Both warranties are for 6 yrs. or 100k. Ergo, they expire 4/09. :biggrin:
 

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Most important selling feature of the '03 over the '02, in my opinion, is the warranty. Your car has a 4 year warranty on BOTH service and maintenance. That's the biggie. '02 and prior only have 3 year warranties for scheduled maintenance. The DVD nav is second. No other differences that I'm aware of.

Since when did a tape player become an option? That's news to me.
 

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paulbondy said:
Most important selling feature of the '03 over the '02, in my opinion, is the warranty. Your car has a 4 year warranty on BOTH service and maintenance. That's the biggie. '02 and prior only have 3 year warranties for scheduled maintenance. The DVD nav is second. No other differences that I'm aware of.
rear airbags? IIRC, they are a no cost option on 2002, std on 2003... and they can come in two flavors: activated or deactivated.

paulbondy said:
Since when did a tape player become an option? That's news to me.
Me too..
 

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Discussion Starter #12 (Edited)
paulbondy said:
Since when did a tape player become an option? That's news to me.
There's an eject button on the nav, push it and the whole thing rotates forward revealing...a tape deck, behind the nav screen. I've used it exactly once to play a "learn italian in your car" tape.

edit: oops, you mean it's standard, not an option...and you'd be right, I just checked the window sticker.
 

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Sean, why are you selling? Good luck with the sale.
 

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Discussion Starter #14 (Edited)
Ag Surfer said:
Sean, why are you selling? Good luck with the sale.
Inherited an SUV, so I don't need 4 doors or a trunk anymore. Gonna sell this and get a nice, unreliable, weird, hard-to-get-parts-for Italian exotic. :haha:

A few more photos posted HERE
 

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meener said:
14hrs left in the auction, "buy it now" dropped to $59k.
I'm interested. CPO is fluff - I wouldn't pay extra for it. I'm local and will shoot you an email after having a 'family' discussion tonight. Maybe we can work out something 'approaching' 59.
 

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Hit_Apex said:
CPO is fluff -
You're being foolish- or not understanding the 'shorthand'!

CPO includes a warranty from 50k through 100k miles

This is the ONLY thing worthwhile with a cpo. We all agree, I think, that the 'inspection' and 'certification' are fluff- but he value of the extended warranty is vast.

A cpo costs a dealership $1300....

Let us know how much it costs to replace you MAFs at 58k miles...

An aftermarket extended warranty is $3k+

on the other hand, money may be no object- which is also cool.

A

A
 

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I see, that makes it a little more attractive. However, dealers are asking for a 4k - 6k premium for CPO and the other costs they incur that justify a premium over priv party. I never buy extended warr etc and for the past 6 years have put the money I would've spent in an account (cars, computers, TVs, electronics, appliances, etc.)

I did have to replace the trans in a Honda recently for $1600 which came out of that account. Ironically, the ext warr I denied would've expired anyway (it was $1100 IIRC). That has been my only expenditure, almost half of which was paid by the interest earned by the account over the previous 6 years. To date, the account has a nice balance.

I want to buy a priv party M5, bank the $3k and replace MAFs as needed (I do my own work). Anyway, this program is not for everybody and I understand an M5 puts me into a whole new league of repair cost possibilities over my M3. YMMV.

cherrsagai
 

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You got the idea.

Now if you could get the cpo added for $1300 plus $500 for the dealer to handle the transaction, would that change the equation? (It did for me.) Plus, if you sell the car before 100k you'll be marketing a car with a warranty! A big draw in the private party market.

Good luck

A
 
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