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I had created some other posts about my search for a CPO 08 M5, and I've finally negotiated a deal on one in SC. Buying the car sight unseen with PPI done by AiM Mobile Inspections. Unfortunately they don't put the car on a lift or check DME codes, but they check interior/exterior/everything is working properly and do a test drive. Best I could get since the dealership is in the middle of nowhere.
*************************************
The car:
- 2008 M5, SMG, 42k miles, factory warranty/maintenance expires Nov 2011, CPO warranty thereafter (no maint)
- Space gray/Black full leather/Aluminum
- Options list:
____HEATED STEERING WHEEL (248)
____COMFORT ACCESS SYSTEM (322)
____SOFT-CLOSE AUTOMATIC DOORS (323)
____PWR REAR SUNSHADE W/REAR MANUAL SIDE WINDOW SHADES (416)
____VENTILATED FRONT SEATS (REQ: 456 Multi-Contour Seats & X2__ Perforated Merino Leather Seat Trim) (N/A w/4MA Multi-Function Seats) (453)
____20-WAY PWR MULTI-CONTOUR FRONT SEATS (456)
____FOLD DOWN REAR SEATS (465)
____REAR SEAT HEATING (496)
____IPOD & USB ADAPTER (6FL)
____HEAD-UP DISPLAY (610)
____HIGH-DEFINITION RADIO *Deletes STD Real Time Traffic Info* (653)
____SIRIUS SATELLITE RADIO -inc: (1) year subscription (655)
____PREMIUM SOUND W/ENHANCED BASS (752)
- Original MSRP: $99.3k
- Production date: October 2007
- Body condition: 1" scratch on corner front bumper, 2 rock chips on hood, small door ding on front passenger door (they sent me pics)
- History: 1-owner - car was leased by a local resident and serviced at the selling dealership (they sent me copy of full service history and nothing stands out)
- Tires: Dealer put brand new rear tires on it (contis) as part of CPO certification and fronts have 7mm left (they sent me copy of CPO checklist)
- Brakes: Brakes have NOT been replaced yet. Idrive says rears have 23k miles left and fronts have 32k miles left. I can't imagine how that is possible on a 42k mile car, but it must have been driven very conservatively. Regardless, may end up buying extended maintenance since there is no way these brakes are done by 50k.
The deal:
- $47k out the door + TTL (vs. list of $50k on their website)
- Financed the minimum $7500 to get BMWFS CPO credit ($1500), and with BMWCCA CPO credit ($500), effective purchase price is $45k if comparing to non-CPO cars out there.
- But I'll have to spend about $1k having it inspected and transported up to NY from SC.
Thoughts on this deal? I've done a ton of research and asked them a million questions, but is there anything else I need to remember before they load it on the truck?
*************************************
The car:
- 2008 M5, SMG, 42k miles, factory warranty/maintenance expires Nov 2011, CPO warranty thereafter (no maint)
- Space gray/Black full leather/Aluminum
- Options list:
____HEATED STEERING WHEEL (248)
____COMFORT ACCESS SYSTEM (322)
____SOFT-CLOSE AUTOMATIC DOORS (323)
____PWR REAR SUNSHADE W/REAR MANUAL SIDE WINDOW SHADES (416)
____VENTILATED FRONT SEATS (REQ: 456 Multi-Contour Seats & X2__ Perforated Merino Leather Seat Trim) (N/A w/4MA Multi-Function Seats) (453)
____20-WAY PWR MULTI-CONTOUR FRONT SEATS (456)
____FOLD DOWN REAR SEATS (465)
____REAR SEAT HEATING (496)
____IPOD & USB ADAPTER (6FL)
____HEAD-UP DISPLAY (610)
____HIGH-DEFINITION RADIO *Deletes STD Real Time Traffic Info* (653)
____SIRIUS SATELLITE RADIO -inc: (1) year subscription (655)
____PREMIUM SOUND W/ENHANCED BASS (752)
- Original MSRP: $99.3k
- Production date: October 2007
- Body condition: 1" scratch on corner front bumper, 2 rock chips on hood, small door ding on front passenger door (they sent me pics)
- History: 1-owner - car was leased by a local resident and serviced at the selling dealership (they sent me copy of full service history and nothing stands out)
- Tires: Dealer put brand new rear tires on it (contis) as part of CPO certification and fronts have 7mm left (they sent me copy of CPO checklist)
- Brakes: Brakes have NOT been replaced yet. Idrive says rears have 23k miles left and fronts have 32k miles left. I can't imagine how that is possible on a 42k mile car, but it must have been driven very conservatively. Regardless, may end up buying extended maintenance since there is no way these brakes are done by 50k.
The deal:
- $47k out the door + TTL (vs. list of $50k on their website)
- Financed the minimum $7500 to get BMWFS CPO credit ($1500), and with BMWCCA CPO credit ($500), effective purchase price is $45k if comparing to non-CPO cars out there.
- But I'll have to spend about $1k having it inspected and transported up to NY from SC.
Thoughts on this deal? I've done a ton of research and asked them a million questions, but is there anything else I need to remember before they load it on the truck?