Need advice on 2013 M5 purchase

[fak005]

Friends
I have got my eyes on 2013 BMW M5 fully loaded, immaculate condition, with all the bells and whistles, Black Sapphire Metallic, B&O system, Driver Assist Pkg, Executive Package, 20" M wheel, Black Merino leather, 31K miles, original sticker of $108K. I have been able to negotiate price from $50K to $47K and seller will not budge more. Car is one owner driven by middle age executive, serviced at same dealership it was purchased

1) The car is out of warranty, where do you recommend to get warranty. BMW only offers Powertrain if manufacturer warranty has expired
2) Do you guys think this is good deal
3) Anything in particular I should look out for


Thanks
fak005

[Lowflight]

Sounds ok to me.

[VoytekM5]

Outstanding deal. You can buy a fidelity warranty from just about any dealer but I think it has to be done in person after the factory warranty has run out. Shop around since they all mark them up. I would shop those dealers that sell high end used cars but BMW dealers.

[josec70]

31k miles is relatively low for a 2013; 47k is a fair price IMO. Warranty's a must ...

Good Luck.

[bobblehead]

3) potential excess oil consumption for the MY2013

[jfiore13]

Sounds like a great deal.

[VoytekM5]

Originally Posted by bobblehead

3) potential excess oil consumption for the MY2013

All of my German cars have guzzled oil. My R8 and panny both went through about a quart every 1000 miles. lol

[bobblehead]

Originally Posted by VoytekM5

All of my German cars have guzzled oil. My R8 and panny both went through about a quart every 1000 miles. lol

My m5 went thru 1 qt at every 600 miles from day 1

[fak005]

Thanks for the update everyone.

I am buying the car from private Individual. Am I still able to buy Fidelity or any other warranty ? Pls note that manufacturer warranty has expired

[Wjjklj]

I bought a 2013 equipped the same but with night vision and a CPO warranty from my local dealer with 25k miles for $51k three weeks ago.

[VoytekM5]

You can buy a warranty at any point. Prices go up as cars age and mileage increase but you can always warranty a car.

[fak005]

For the benefit of everyone, I called my credit union and they quoted 5yr/60K warranty for $3,354 and this is Platinum coverage, which I think is pretty good deal, thought I will share that. Better to call your CU than go through dealers

[Warrior75]

That sounds like a good deal for the warranty. What's the deductible?

[fak005]

Hi, it's $100

Originally Posted by Warrior75

That sounds like a good deal for the warranty. What's the deductible?

[Warrior75]

Wow. Nice. I have to get a warranty, ASAP.

[550Reasons]

Originally Posted by fak005

For the benefit of everyone, I called my credit union and they quoted 5yr/60K warranty for $3,354 and this is Platinum coverage, which I think is pretty good deal, thought I will share that. Better to call your CU than go through dealers

I got a similar one, 5 years / 75k miles, 100$ dec, platinum too (covers everything) for 3700$

[VoytekM5]

is that 5 years from original warranty start?

[JMD]

[QUOTE=fak005;21505671]Friends
I have been able to negotiate price from $50K to $47K and seller will not budge more. Car is one owner driven by middle age executive, serviced at same dealership it was purchased

1) The car is out of warranty, where do you recommend to get warranty. BMW only offers Powertrain if manufacturer warranty has expired
2) Do you guys think this is good deal
3) Anything in particular I should look out for

Go ahead,...jump in,...it's the fastest you'll go for $47k and no mods! The car is crazy faster!

You may be able to get extended warranty from BMW dealer. Should be around $4.5K or so.


GL

[Housekeeping]

Good deal. I paid 462.5 for my 13 with7k miles 10 months ago. I don't plan to get a warranty, only 12k miles now so don't drive it too much.

[NightM]

If it wasn't modded then its a good deal!