[whofelt]

I'm going back and forth with a dealership who has an 2022 M550 x drive, seems pretty loaded, miles are pretty low at below 14,000. it's a cetified pre-owned with 1 previous owner.

dealer asking price is $61,000. i have a paid off 2022 m340 xdrive fully loaded that i'm going to trade in, but they don't know that right now. reason for changing car is i'd like a bigger car with more room.

what would be a good price to pay?

thanks.

Carbon Black Metallic exterior and Black interior. Heated Leather Seats, Sunroof, NAV, iPod/MP3 Input, Satellite Radio, Premium Sound System, All Wheel Drive, Turbo, SHADOWLINE PACKAGE, PARKING ASSISTANCE PACKAGE, DRIVING ASSISTANCE PROFESSIONAL PACKA... DYNAMIC HANDLING PACKAGE, BLACK, NAPPA LEATHER UPHOLSTERY, FRONT VENTILATED SEATS, HEATED STEERING WHEEL, WHEELS: 20 X 8 FR & 20 X 9 RR M Y... EXECUTIVE PACKAGE. READ MORE!

KEY FEATURES INCLUDE
Navigation, Sunroof, All Wheel Drive, Turbocharged, Premium Sound System, Satellite Radio, iPod/MP3 Input, Onboard Communications System, Remote Engine Start, Dual Zone A/C, Smart Device Integration, Blind Spot Monitor, WiFi Hotspot, Hands-Free Liftgate, Apple CarPlay®.

OPTION PACKAGES
DYNAMIC HANDLING PACKAGE Adaptive M Suspension Professional, Integral Active Steering, Active Roll Stabilization, EXECUTIVE PACKAGE Ceramic Controls, Power Rear Sunshade, rear side window shades, Gesture Control, Head-Up Display, DRIVING ASSISTANCE PROFESSIONAL PACKAGE Active Driving Assistant Pro, Active Cruise Control w/Stop & Go, Active Lane Keeping Assistant w/side collision avoidance, Traffic Jam Assistant, Evasion Aid and Cross-Traffic Alert Front in addition to the Active Driving Assistant contents, Extended Traffic Jam Assistant, For limited access highways, BLACK, NAPPA LEATHER UPHOLSTERY contrast stitching, WHEELS: 20 X 8 FR & 20 X 9 RR M Y-SPOKE (Style 846M), Bi-color jet black, Tires: 245/35R20 Fr & 275/30R20 Rr Perf Run-Flat, PARKING ASSISTANCE PACKAGE Active Park Distance Control, Drive Recorder, Surround View w/3D View Rear Spoiler, MP3 Player, Keyless Entry, Steering Wheel Controls, Child Safety Locks.

[BlkGS]

Honestly, that's a pretty great price for it already. If they'll sell it to you for that without a y add ons, I'd jump on it.

[pbonsalb]

Looks like a nice car, but I have not followed M550 prices. I bought a CPO F90 M5 a few years ago and got a sense while shopping of the right discount from MSRP at that time. Not sure what that is, in general, today, or what it is for this model and year car. The updated M550 looks close enough in performance to the M5 for most people and it is likely more comfortable. I wanted to compromise towards performance.

[ppointer]

Fair price in my humble opinion.

[Gemini562]

Start by getting the price down to around $58K or $59K. Once that’s settled, bring up your trade-in. Your M340 is worth good money, so hold firm on its value.

[whofelt]

They won’t budge on the m550

[BlkGS]

Originally Posted by whofelt

They won’t budge on the m550

Not surprised, it's a very fair price, of anything it's even aggressive. Would expect them to give you less than you expect for your 3.

[pbonsalb]

Originally Posted by whofelt

They won’t budge on the m550

Sometimes they won’t budge on the price but will do something else for you. Maybe a discount on an extended warranty (if you don’t plan to mod)?

[whofelt]

They took $1,000 off the m550 and offered me $36,500 for mine

[whofelt]

$37,500 and $60,888 final numbers. Just trying to be transparent with you guys.

[pbonsalb]

Buy it if you like it. I had a friend with a new 340i who sold it a year later for a new 550i. He liked the V8 feel. The 550 is a lot more car than the 340.

[Gemini562]

Originally Posted by whofelt

$37,500 and $60,888 final numbers. Just trying to be transparent with you guys.

The $23,388 difference looks reasonable, but if you have the time, selling your M340 privately might get you more money. Of course, it does mean dealing with listings, showings, and negotiations, so it depends on what’s worth it to you.

[whofelt]

I bought it 👍

[whofelt]

The low miles sold me and the v8

[BlkGS]

Good choice. I'd say you got good money for the 3 too. Congrats on the new car!

[whofelt]

Originally Posted by BlkGS

Good choice. I'd say you got good money for the 3 too. Congrats on the new car!

Thanks, it's a great car, wasn't quite expecting the power of this twin turbo v8 , it's pretty nice!

[tsbrown]

Originally Posted by whofelt

The low miles sold me and the v8

Good call dude. I’m spoiled by custom ordering new BMWs the last 25 years but the new 5 doesn’t do it for me like a M550i so I’m starting to think 15k+ miles isn’t too much.

[jphcbpa]

congrats ! post up some photos. How much warranty do you have remaining ? Did you purchase additional or are you going route 66 or other ?

[whofelt]

Originally Posted by jphcbpa

congrats ! post up some photos. How much warranty do you have remaining ? Did you purchase additional or are you going route 66 or other ?

it has 2 years of warranty, i think if it's anything like my m340, it ran almost 60,000 without issues, if this can do the same, i'll be happy. not buying additional warranty.

[R1250GS]

Originally Posted by whofelt

They won’t budge on the m550

Originally Posted by tsbrown

Good call dude. I’m spoiled by custom ordering new BMWs the last 25 years but the new 5 doesn’t do it for me like a M550i so I’m starting to think 15k+ miles isn’t too much.

.