Location: Atlanta, Georgia
What He’s Got: 2007 White 550i Sport, 35,000 miles.
What It Cost: $70,000 retail sticker, one owner car. Loaded with Nav, Sport, Comfort access, Cold weather. Perfect condition. Purchased in Feb 2009 as a Certified car for $35,000. Put 10% down, financed 60 months at 4.9% thru a local CU. $640/month to OWN. New warranty until 2/2011 or 50k miles. Free maintenance until 50k miles. (or 2/2011, but I wont get there) CPO warranty goes to 100k miles or 2/2013. Replaced a lease on a 528i…it was a $52k car and leased for $600/month.
My Take:I couldn’t have done better myself. Really, I couldn’t. Haahaa. Here is proof that you should NEVER buyout a BMW 5-series at lease-end since I doubt you can pull off that kind of deal on a 3-yr old 550i once the lease ends. Pretty awesome deal there SpartanGA! I like it! Sometimes, buying CPO just makes more sense, specially if you can live with your car for more than 36 to 48 months.
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