Automotive

BMW questions and answers

  • Last Updated:
  • Nov 21st, 2017 1:13 am
Penalty Box
Jan 15, 2006
8224 posts
2393 upvotes
Richmond Hill
That's an odd thing to do. My F25 remembers what I last set it to.
Deal Expert
User avatar
Jul 30, 2007
18782 posts
4063 upvotes
Toronto
for short term parked and restart. It will stay off. But for longer term, the F10 will do the factory default on and driver will then have to turn it off manually, if desired.

German technology at its whackiest.
Newbie
Jan 17, 2011
5 posts
Montreal
Dear booblehead,

I just purchased a used 2014 X5 5.0i with 51,000km + exec. package, prem. pacakge and tech. package. Did I get a decent good deal in your opinion (non accidented Carproof).

Secondly, I still have 2 months BMW 48/80 guarantee and considering getting BMW 3year/160K extended warranty. What would be a good price for the extended on this SUV?
Deal Addict
Oct 17, 2010
1329 posts
175 upvotes
Toronto
plush1 wrote:
Oct 24th, 2017 6:35 pm
Dear booblehead,

I just purchased a used 2014 X5 5.0i with 51,000km + exec. package, prem. pacakge and tech. package. Did I get a decent good deal in your opinion (non accidented Carproof).

Secondly, I still have 2 months BMW 48/80 guarantee and considering getting BMW 3year/160K extended warranty. What would be a good price for the extended on this SUV?
If you got it for free it was steal of a deal lol :)
Deal Expert
User avatar
Jul 30, 2007
18782 posts
4063 upvotes
Toronto
A decent deal (if this is purchased from a bmw dealership) would be $46,500 + HST, I estimate this will give dealer around 20% margin on it, after all, it did not come with extended warranty. (btw, I don't believe this model year has an Executive package for this trim)

If you get an extended warranty, then you need to shop around with all the dealers. A 10% off their extended warranty pricing would be decent. The pricing is crazy high though ...

+1 yr $3,650 + taxes
+2 yrs $9,800 + taxes Ouch !
Newbie
May 2, 2012
67 posts
23 upvotes
Toronto
@bobblehead

I'm looking at a 2015 X5 Xdrive35i M Sport. Looks like it has the premium package. The vehicle is listed in the link below.

http://www.tcbmw.com/used/vehicle/2015- ... 481374.htm

This site http://www.vmrcanada.com/used-car/value ... MW-X5.html has the wholesale price at $39,025 and retail at $43,075

Would $47,500, 10% over the retail price be reasonable? That would be inclusive of any fees, but plus tax. So OTR of $53,675.

Are you familiar with the VMR Canada website? Would taking 20% less than the wholesale price be reasonable for my trade-in? For example, wholesale is 10k, I target 8k for trade-in

Thanks in advance!
Deal Expert
User avatar
Jul 30, 2007
18782 posts
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Toronto
For TCBMW, their typical used car markup is generally starts around 30-35%, therefore, if they are listing for around $53,000, then their cost should fall in the $39,000 - $40,000. In this case, it is likely $40,000.

Given it has no extended warranty, fair offering would be $47,000 - $48,000 + taxes ONLY. At this mileage, I doubt the tires and brakes have been replaced and therefore, if dealer will not replace them, you would be looking at another $4000 - $4500 ball park to do just those. So, in other words, you are really looking this car will end up costing you around $60,000 (taxes included with those big ticket items possibly in need fairly soon).

As for your trade in, each dealer will have their own source (wholesalers, auction houses) in determining your car's trade in value, you are likely be amazed that the hi / low of your trade in value would differ by 15% or even more.
Newbie
May 2, 2012
67 posts
23 upvotes
Toronto
booblehead wrote:
Oct 25th, 2017 8:06 am
For TCBMW, their typical used car markup is generally starts around 30-35%, therefore, if they are listing for around $53,000, then their cost should fall in the $39,000 - $40,000. In this case, it is likely $40,000.

Given it has no extended warranty, fair offering would be $47,000 - $48,000 + taxes ONLY. At this mileage, I doubt the tires and brakes have been replaced and therefore, if dealer will not replace them, you would be looking at another $4000 - $4500 ball park to do just those. So, in other words, you are really looking this car will end up costing you around $60,000 (taxes included with those big ticket items possibly in need fairly soon).

As for your trade in, each dealer will have their own source (wholesalers, auction houses) in determining your car's trade in value, you are likely be amazed that the hi / low of your trade in value would differ by 15% or even more.
For $48,000 + taxes only, would it be reasonable to ask for either 2 year extended warranty or new tires or new brakes?

I appreciate your feedback
Deal Expert
User avatar
Jul 30, 2007
18782 posts
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As part of the due diligence, you will have to do a PPI first to get your mechanic to tell you how much brakes & tires are left before they need to be replaced. If the PPI comes back and say within the next 5,000km, you can use this to negotiate with the dealer and see how this goes. As for requesting +2 yrs of extended warranty, I doubt they will go for that.

You also need carproof report to check out the history of it and service history of the car (if you can access them).

I know TCBMW is a bit tougher to get them to concede that many things to potential buyers, esp. if the car has just been listed.
rfdmember99 wrote:
Oct 25th, 2017 4:02 pm
For $48,000 + taxes only, would it be reasonable to ask for either 2 year extended warranty or new tires or new brakes?

I appreciate your feedback
Deal Expert
User avatar
Jul 30, 2007
18782 posts
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Toronto
brand new back then was $75K MSRP (not incl. fees, discount & taxes). So, two model years later, it would be wholesale at around $49,000 - $50,000. Therefore, it would seem the dealer is asking 20% margin on it. Given the car has really low mileage and selling without extended warranty, you may be looking at around $56,500 + taxes as your target (being a fair offer). I also sense dealer will probably won't let this one go quickly as they would like to fetch at near of their asking price ... probably $57,500 + taxes as their min.


jcremer2007 wrote:
Oct 31st, 2017 9:25 pm
@booblehead My hubby is jealous of my new 2018 A4Smiling Face With Open Mouth And Smiling Eyes He wants to replace his 2009 CRV with something better. He's looking at this http://www.endrasbmw.com/used/vehicle/2 ... 458656.htm

What do you think is a good offer price? He thinks $55,000 inclusive of all fees + tax is good. I think we should target $51,000 inclusive of all fees + tax.
Deal Fanatic
Mar 20, 2003
9991 posts
373 upvotes
Moncton, NB
Being in a small town, prices may be more than large cities, but would this be considered a fair price?
2014 BMW 228i Coupe M Sport Line for 32.9k.

It's also not certified, does that mean the 8.99% rate is about the lowest I can expect?
KitKat item collector- always looking for swag or branded items.
Deal Expert
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Jul 30, 2007
18782 posts
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Toronto
Brand new back then was around $46K MSRP. Asking for $33K for a 4 yrs old bimmer, I think it's way overpriced (looks to me dealer marked it up by nearly 40% from wholesale value). Given it is "As is", fair offering would be around $25K - $26K at most + taxes. You have a huge gap to narrow from the dealer.

If you do buy from a bmw dealer ... you are looking at 0.9% interest rate (up to 24 months); 1.9% (up to 36 months); 2.9% (up to 84 months)

https://www.bmw.ca/en/topics/details/pr ... nding.html
Last edited by booblehead on Nov 1st, 2017 11:01 am, edited 1 time in total.
Deal Fanatic
User avatar
Sep 21, 2010
7384 posts
925 upvotes
Toronto
Hey guys, I forgot your recos on good indy BMW shops, can you please provide? Tx.

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