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Old 08-19-2008, 05:05 PM
princetonX5 princetonX5 is offline
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Join Date: Aug 2008
Location: Princeton, NJ
Posts: 24
:Originally Posted by StanF18
Dude, if you pay a cent over $29K for this 3.0, you are letting the dealer rip you a new A$$hole.
I am here to discuss and appreciate positive feedback; I have rarely made an imprudent financial decision in my short 32 years and I'm not about to start now...but that is why I'm here and noting what I've observed in my month of stealer interactions.


Quote:
Originally Posted by StanF18
I do not agree that the average used CPO X5 buyer is "wealthy". At least not to the point where they're completely unaffected by gas prices. The truly wealthy impulse buyers who could care less about mileage are buying Ferraris, Porsches, and new M3s. Not used E53 3.0s. Therefore the stealers will either adjust their E53 prices to realistic market levels for an SUV-averse economy, or lose a whole lot of moolah.

I never claimed that the average CPO buyer is wealthy. I did imply that the wealthy May be more likely to walk in and haggle less, especially in Manhattan, where some people buy an X5 (3.0 or 4.4) just to go back and forth from the Hamptons for a couple of summers---these people obviously won't lose sleep over $3-5K if they are getting a car that meets their specs. That's why I think there is little wiggle room in Manhattan despite the fact there may be an advantage with dealing with a corporate-run dealership. I have about 2 months before I actually Need the car, which in theory should be to my advantage, but so far the experience has been souring.
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