2015 m5 price check

[nav792]

Folks...let me know what you think about this..Spoke to dealership briefly but they are pretty firm on price..

Certified Pre-Owned 2015 BMW M5 //asking $65k
15k miles // white/sakhir orange

options:
ENHANCED USB & BLUETOOTH W/SMARTPHONE INTEGRATION
COMPETITION PACKAGE
DRIVER ASSISTANCE PLUS
EXECUTIVE PACKAGE

[94jedi]

Seems a bit high to be honest. non-cpo, that's a $55 car. Maybe w/ CPO $60?

[SLOWER]

Way too much.

$55k is dead on. CPO is worth about $2500. So $57,500 on the high side.

I recently negotiated the CPO out of the deal and went with an aftermarket warranty. Much better value to be had.

[nav792]

I passed on that deal. Was able to pick one up with similar features (-comp) for about $14k less.

[SLOWER]

Is it the one in Tampa with the black wheels?

[nav792]

Originally Posted by SLOWER

Is it the one in Tampa with the black wheels?

Yeh, that was the one I passed on.

[94jedi]

Which one did you pass on and why? Can you post the link? Which one did you buy? The white one w/ Sakhir interior? Pretty sure we're all looking at the same cars, would be cool if we could share details about the ones we passed on and why.

[SLOWER]

I think this is the one from the original post.

https://www.cars.com/vehicledetail/d...7230/overview/

[nav792]

Originally Posted by 94jedi

Which one did you pass on and why? Can you post the link? Which one did you buy? The white one w/ Sakhir interior? Pretty sure we're all looking at the same cars, would be cool if we could share details about the ones we passed on and why.

Originally Posted by 94jedi

Which one did you pass on and why? Can you post the link? Which one did you buy? The white one w/ Sakhir interior? Pretty sure we're all looking at the same cars, would be cool if we could share details about the ones we passed on and why.

There were 2 that I actually passed on...

The first:

https://www.tombushbmw.com/certified...81ab3d83e8.htm

This one was fully loaded and listed as CPO. After a few conversations with dealer I found out it actually wasnt CPO. They were going to discount about $1k and I was going to purchase BMW platinum extended warranty. However, it turns out BMW would not allow extended warranty because original owner missed the 1200 mile service by almost 1k miles. For whatever reason they weren't able to sell Fidelity warranty either. They claimed there was a recent situation where Fidelity wouldn't honor warranty to replace a customer engine and dealer had to do it. Too many issues so I passed.


I next turned my attn to this one in Tampa:

https://www.reevesbmw.com/used-vehic...model%5B%5D=M5

Beautiful car , fully loaded and CPO. I just felt this was overpriced. Dealer didnt really want to budge on price.

Patience paid off. I had been checking car gurus about 10x's per day , everyday. The one I bought is no longer listed online. Fields BMW in Orlando took in a 2015 lease return which I jumped on right away. They were asking about $54k. (Not CPO, no comp and b/o). 20k miles. I got them down to $51k and purchased easy care warranty plus got them to throw in maintenances refresh and I paid to extend maintenance for another 2 yrs. picked up the car last Wednesday. Let me know if you have questions.

[94jedi]

Originally Posted by nav792

There were 2 that I actually passed on...

The first:

https://www.tombushbmw.com/certified...81ab3d83e8.htm

This one was fully loaded and listed as CPO. After a few conversations with dealer I found out it actually wasnt CPO. They were going to discount about $1k and I was going to purchase BMW platinum extended warranty. However, it turns out BMW would not allow extended warranty because original owner missed the 1200 mile service by almost 1k miles. For whatever reason they weren't able to sell Fidelity warranty either. They claimed there was a recent situation where Fidelity wouldn't honor warranty to replace a customer engine and dealer had to do it. Too many issues so I passed.


I next turned my attn to this one in Tampa:

https://www.reevesbmw.com/used-vehic...model%5B%5D=M5

Beautiful car , fully loaded and CPO. I just felt this was overpriced. Dealer didnt really want to budge on price.

Patience paid off. I had been checking car gurus about 10x's per day , everyday. The one I bought is no longer listed online. Fields BMW in Orlando took in a 2015 lease return which I jumped on right away. They were asking about $54k. (Not CPO, no comp and b/o). 20k miles. I got them down to $51k and purchased easy care warranty plus got them to throw in maintenances refresh and I paid to extend maintenance for another 2 yrs. picked up the car last Wednesday. Let me know if you have questions.

Awesome info! Really appreciate you taking the time to list all of this out. It helps me very much in my search! Thanks and will definitely pm you if I have questions.

[nav792]

Originally Posted by 94jedi

Awesome info! Really appreciate you taking the time to list all of this out. It helps me very much in my search! Thanks and will definitely pm you if I have questions.

Glad I could help.

[ARKONE]

Originally Posted by SLOWER

Way too much.

$55k is dead on. CPO is worth about $2500. So $57,500 on the high side.

I recently negotiated the CPO out of the deal and went with an aftermarket warranty. Much better value to be had.

You mind sharing what aftermarket company you went for a warranty? Looking at a Rover or M5 and going to need a warranty either way I go!

[GAINZ]

Originally Posted by nav792

Yeh, that was the one I passed on.

I passed on that one as well. Overpriced!!

[SLOWER]

Originally Posted by ARKONE

You mind sharing what aftermarket company you went for a warranty? Looking at a Rover or M5 and going to need a warranty either way I go!

I have Zurich purchased through the BMW dealer. I spoke with two Service Advisers one at BMW and one at an Indy who both reported they had not had any issues with claims being paid by them. I also spoke with the Service Manager at my servicing dealer and he had the same response.

I have not had to use it yet, but hoping it's going to work out.

[Chiraq M5]

That's really expensive. I just paid 44k for 2015 Competition package and all the other pacakges except for night vision. black on black 64k miles 1 owner no accidents.

[nav792]

Originally Posted by ARKONE

You mind sharing what aftermarket company you went for a warranty? Looking at a Rover or M5 and going to need a warranty either way I go!

Originally Posted by ARKONE

You mind sharing what aftermarket company you went for a warranty? Looking at a Rover or M5 and going to need a warranty either way I go!

Easy Care

[94jedi]

Originally Posted by Anas1992

That's really expensive. I just paid 44k for 2015 Competition package and all the other pacakges except for night vision. black on black 64k miles 1 owner no accidents.

That's a helluva price for a 2015; most 2014's are in that range, from what I've seen.

[BMWAUDIO]

Originally Posted by nav792

Easy Care

What was the cost for the easy care warranty and the details ?
thanks and great choice

[Chiraq M5]

Originally Posted by 94jedi

That's a helluva price for a 2015; most 2014's are in that range, from what I've seen.

Yeah the dealership actually lost money on it. They had it sitting through the whole winter. It's in MINT condition