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Discussion Starter #1
I'm going to get the car tommorow and want to see if i'm getting a fair deal .

It's a 2006 m5 with all the options like active seat , HUD , comfort access and it's local car with no accident . Mileage is around 45k miles.

Price is 44k with 3 years bumper to bumper warranty included . What do you guys think ?


:byebye:
 

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I'm going to get the car tommorow and want to see if i'm getting a fair deal .

It's a 2006 m5 with all the options like active seat , HUD , comfort access and it's local car with no accident . Mileage is around 45k miles.

Price is 44k with 3 years bumper to bumper warranty included . What do you guys think ?


:byebye:
Last year, my friend paid $37,000 at a dealer for a fully loaded 2006 M5. It had around 40k on the odometer. It had a few months left of warranty on it, but no extended warranty.

I think he got an awesome deal since the car sat there for a long time. He walked away from the original deal to get a different car, after which the dealer called him back with the offer.

I would value the 3 year warranty between 3-4 grand.

I paid a lot less, but my car had 55,000 miles when I picked it up.

Not sure how Canada prices fare....

It's scary how fast some of these prices are falling.
 
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I would say it is a tad on the high side for that year and mileage. I would probably offer 39k for it.

I think we ALL know what is going to happen to the values of these cars if gas hits $4 a gallon.....
 

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Discussion Starter #4
Yes, 3 years warranty is about 4 grand alone !!!

I'm thinking to get the car from U.S before but i will need to go thru paying custom duty /taxes plus all other fees and another thing is the warranty doesn't work in Canada even you have extended warranty from BMW USA . The dealer here will not take it for any warranty work .
 

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A year ago I bought my 2006 with 19000 miles for $42k. Although mine does not have all the options, I think you might be paying a little too much.
 

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I'm going to get the car tommorow and want to see if i'm getting a fair deal .
:byebye:
That is one question you never want to ask unless you can back out of the deal as the <!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:punctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> <w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> <w:DontGrowAutofit/> <w:SplitPgBreakAndParaMark/> <w:DontVertAlignCellWithSp/> <w:DontBreakConstrainedForcedTables/> <w:DontVertAlignInTxbx/> <w:Word11KerningPairs/> <w:CachedColBalance/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> <m:mathPr> <m:mathFont m:val="Cambria 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Kidding! Enjoy your ///M if you decide to get it.
 

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I just bought an 08 SMG with 33,000 miles Certified Pre-Owned (100,000 mi warranty) completely loaded. HUD, Active Seats, Full Leather (everywhere & upgraded quality), Heated & Ventilated Seats, Power Rear Visor, and on and on....

$47 asking price with CPO. Paid a little less, but there were some trades and a lease swap so I'm not exactly sure what the final # would have been.
 

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If the warranty is through the dealer, then I wouldn't mind. If the warranty is through 3rd party, then it may be a hassle. Paying a little more for convenience and piece-of-mind is worth paying a couple thousand over. Get it and enjoy!
 

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After you buy it, do not check prices anymore. Just enjoy the car for what you paid for it. There will always be better deals out there.

I couldn't follow my own advice, and I though I got a good deal, but after reading this board I think I only got a "fair" deal if that. $53K for a 2008 6-spd fully loaded, 33,000 miles but no CPO. The car was a lease turn in by a local doctor who leased it from and serviced it at the dealer I bought it from, so I believe the car to be well cared for.

I've had it for a little over two months and so far the car has been fantastic. So I no longer worry about the price I paid and just enjoy it.
 

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It's a very fair price in Canada.

M5's where more money here than in the US new. And still are
So you can't compare us/Canadian prices.
Even with the dollar at par we are still way inflated on car prices compared to you guys.
When I look at what m's go for in the states, it's not fair!! Haha

Most 2006's in my area at a BMW dealership are around 50-58 grand.
Do a search you will see :)
 

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Here's a search from BMW.ca of M5's at the dealers in Ontario


We found*5*vehicle(s) that match(es) your search criteria.

Learn moreIndicates Certified Series™ by BMW****


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M52008Manual$ 69,96458,891 kmGrey
Otto's BMW
Ottawa,on



M52007Manual$ 71,16632,308 kmBlack
Overseas Motors BMW
Windsor, ON



M5 Sedan2006Manual$ 53,99572,058 kmBlack
BMW Autohaus
Thornhill, ON



M5 Sedan2006Manual$ 55,80043,547 kmSilver
Budds' BMW
Oakville, ON



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Discussion Starter #14 (Edited)
It's a very fair price in Canada.

M5's where more money here than in the US new. And still are
So you can't compare us/Canadian prices.
Even with the dollar at par we are still way inflated on car prices compared to you guys.
When I look at what m's go for in the states, it's not fair!! Haha

Most 2006's in my area at a BMW dealership are around 50-58 grand.
Do a search you will see :)

Sometimes i think i should move to U.S lol .... plus the gas price is way cheaper compare to Canada as well

May i ask why you change M5 to M6 ? is it that much different between the two cars ?
 
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