01-22-2016, 01:09 PM | #1 |
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2015 CPO Price
2015 with 5k miles with Elite CPO (Exec, Individual Color, 20", B&O) with MRSP of $111k. Dealer is looking for $90k. What do you think is a fair price? Thanks.
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01-22-2016, 02:30 PM | #2 |
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We'll the dealer is probably into it for about 75k or so, depends on how long they have had it.
I'd negotiate up from there. Around 80k or so would be a great price! Also make sure you understand the difference between CPO and Elite CPO warranties. If you are buying the car and plan on keeping it for a while it's something to consider. Elite CPO = 1yr/25k additional warranty on top of the factory 4yr/50k, so 5yr/75k total. Regular CPO = 2yr/50k additional warranty on top of the factory 4yr/50k, so 6yr/100k total.
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2015 M5 - Singapore Grey Metallic - Silverstone Full Merino Interior - Executive Pack - Drivers Assist Pack -Comp Pack -
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01-22-2016, 03:06 PM | #3 | |
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01-22-2016, 08:47 PM | #4 |
Second Lieutenant
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Thanks. Its been there for about 2 months and its Elite CPO which is still 4.25yr/75k left on warranty. I figured they were prob in it for $78-82 so $85 would be a good price but you have given me better info.
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01-22-2016, 09:16 PM | #5 | |
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01-28-2016, 08:30 AM | #6 |
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Drives: 2018 First Edition M5
Join Date: Oct 2014
Location: Charlotte, NC
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I love how everybody think they know how much the dealer own it for! it's all speculations! The dealer has to pay a big CPO fee to BMW that's if they didn't spend any money on the vehicle for reconditioning. If they have it for sale for 90K I think low 80s is fair 82-83 I thinks is pretty fair for this vehicle. Looking at what I see them sell for.
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02-08-2016, 06:58 AM | #7 | |
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We had negotiated on a price before I realized it didn't have CPO. I ended up getting CPO for cost. |
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02-08-2016, 12:23 PM | #8 |
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Thanks - it is an Elite CPO (1 year) so probably cheaper than full CPO. Still looking to get this car for low 80's because others are getting 15-20% off new 2015's that are left it seems so $89-95k.
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