2014 535i "factory executive demo"

3keikis

Was $71,225, Now $55,000 MILEAGE: 7,527 Miles
Description: BMW Certified Elite BMW Factory Executive Demo
OPTIONS: M Sport Package, Driver Assistance Package, Driver Assistance Plus Package, Premium Package, Luxury Seating Package, Lighting Package

Looking to purchase ("handing down" my car to my daughter who recently got her license). Always bought new in the past. Just wanted to get your thoughts on this car (I have not yet gone to the dealership to see for myself). Appears to be a good deal given all the "bells and whistles", but some people said to be cautious about demos. Could there be any room for negotiation of the price?

Michaell

3keikis said:

Was $71,225, Now $55,000 MILEAGE: 7,527 Miles
Description: BMW Certified Elite BMW Factory Executive Demo
OPTIONS: M Sport Package, Driver Assistance Package, Driver Assistance Plus Package, Premium Package, Luxury Seating Package, Lighting Package

Looking to purchase ("handing down" my car to my daughter who recently got her license). Always bought new in the past. Just wanted to get your thoughts on this car (I have not yet gone to the dealership to see for myself). Appears to be a good deal given all the "bells and whistles", but some people said to be cautious about demos. Could there be any room for negotiation of the price?

If you don't ask, you don't get. What were you thinking about offering?

$16,000 off sticker seems to be a lot, but I've never shopped in that price range before (and, probably never will).

3keikis

I was thinking about offering closer to 49 - 50K -- I am sure there is a premium on this car because it is a CPO. Anyway, would be interested to hear any of your thoughts regarding BMW "demos" or any other experiences one may had had with purchasing any car that was designated a "demo"

stever

My "experience" with demos is just from reading posts around the forum. Seems like the biggest complaint is that dealers want too much money for them. Often as much or more than a similar new car with way fewer miles. Some demos were driven a lot by customers (think rental cars). Others were mostly driven by salespeople. Still others, probably the cream of the crop, were driven by owner's spouses. Ask the salesperson - maybe that'll be story (and maybe it'll be true LOL).