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2006 Silverstone M5, 29,500 miles

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Old May 22, 2009 | 06:41 PM
  #1  
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2006 Silverstone M5, 29,500 miles

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.
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**********SOLD*************




*** PRICE REDUCED TO $39,750 ***

2006 Silverstone M5, 29,500 miles
Fully optioned car. Original MSRP ~$98K.

Factory Options:

Front ventilated seats
Comfort seats with lumbar support
Full Merino leather seat upholstery
Sirius satellite radio
Enhanced premium sound audio system
Head-up display
Comfort access system
Power rear sunshade/manual rear side window shade


Location of the car: Los Angeles area

Condition: Excellent inside and out, both mechanically and cosmetically. All maintenance up to date. Fresh clutch and flywheel done by Bob Smith BMW ~1300 miles ago under the free maintenance program.

Mods: All mods were done within the last 3,000 miles.

RPI air scoops, block off plates, BMC filters, charcoal filter removal
RPI pulley
H&R springs and spacers(12mm front, 10mm rear)

THIS CAR IS A MANUFACTURER BUYBACK VEHICLE and is priced for a quick sale. The original factory warranty is still in place and is good till 01/2010. All scheduled maintenance is also covered until that time.

Asking $42,500

For any questions about the car, or the mods, please contact me by cell, (818)331-0084, or feel free to PM me.

Jong Lee



























 

Last edited by jlee; Jun 10, 2009 at 07:42 PM. Reason: car sold
Old May 22, 2009 | 07:12 PM
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that's a great price. should sell quickly.
gl
 
Old May 22, 2009 | 08:48 PM
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What caused the mfg. buyback/lemon?
 
Old May 22, 2009 | 09:13 PM
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Originally Posted by two-five LGT
What caused the mfg. buyback/lemon?
I was told by the previous owner that there were some steering wheel noise issues.

When I bought the car I really did not care as the car is still under full factory warranty and BMW would have made sure that whatever the problem was has been fixed before releasing the car for sale again.

Also, the fact that the original owner had to file a law suit to force BMW to buy back the vehicle tells me that most likely the problem was minor, since if it was a real major issue, BMW would have taken back the car as a "courtesy" before the law suit(Courtesy buybacks do not show up in title).

Many times, owners will try to back out of a car using the lemon law to their benefit. Citing for example that a particular "problem" was not fixed within three attempts, or that a vehicle spent over a certain number of days in the shop within a certain time period.
 

Last edited by jlee; May 22, 2009 at 09:16 PM.
Old May 22, 2009 | 10:39 PM
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Love that V10.
 
Old May 23, 2009 | 11:19 AM
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Originally Posted by Efterlyst27
Love that V10.
Thanks! There aren't that many cars out there that can haul five people and keep up with most Porsches and Ferraris in the canyons. On the freeway, it will blow away many Porshces and Ferraris.

I go through cars pretty quickly, and I am just looking for something more narrowly focused at the moment.
 
Old May 23, 2009 | 03:09 PM
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good price even with the buyback.
 
Old May 23, 2009 | 07:07 PM
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Originally Posted by NickyBlack
good price even with the buyback.
Thanks! I tried to price it realistically given the current market.
 
Old May 24, 2009 | 10:54 AM
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interesting. My 996 was totaled over the weekend. This is just a hair over the top price I want to pay but it's interesting...
 
Old May 24, 2009 | 12:00 PM
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Originally Posted by MCM97
interesting. My 996 was totaled over the weekend. This is just a hair over the top price I want to pay but it's interesting...
If it is just a hair over I am sure we can work something out .
 
Old May 25, 2009 | 11:06 PM
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Originally Posted by jlee
If it is just a hair over I am sure we can work something out .
can this car be CPO'd to 100k?
 
Old May 26, 2009 | 09:56 AM
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Originally Posted by MCM97
can this car be CPO'd to 100k?
With BMW you have to be the original owner in order to be able to buy the extended warranty from the factory. However, it is possible to get extended warranty from other companies and the Manufacturer Buyback status should have no bearing on this.
 
Old May 26, 2009 | 03:45 PM
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FWIW, car manufacturers do not typically buy back cars with "minor" issues as a courtesy. It is quite an ordeal to have a car qualify as a lemon, and it usually has to be due to a defect that compromises the safety of the vehicle. I'm not saying that this particular car has major issues, but I'd sure want to know EXACTLY what the real problems were and not assume that BMW was just being really generous because the steering wheel made some noise. It isn't just any problem that isn't fixed within 3 attempts - it has to be serious. Also, loaner cars void the number of days the car is in the shop from the equation, if I recall correctly. How is the title branded?
 
Old May 26, 2009 | 05:41 PM
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Originally Posted by leftlane
FWIW, car manufacturers do not typically buy back cars with "minor" issues as a courtesy. It is quite an ordeal to have a car qualify as a lemon, and it usually has to be due to a defect that compromises the safety of the vehicle. I'm not saying that this particular car has major issues, but I'd sure want to know EXACTLY what the real problems were and not assume that BMW was just being really generous because the steering wheel made some noise. It isn't just any problem that isn't fixed within 3 attempts - it has to be serious. Also, loaner cars void the number of days the car is in the shop from the equation, if I recall correctly. How is the title branded?
Please read my post #4 carefully regarding when BMW would buy back a vehicle as a "courtesy" and how a "courtesy" buyback cars will have a clean title.

The title says the car is a buyback vehicle under the lemon law, as I have represented the car.

A car is a collection of interchangeable parts and as such, when the defective parts are replaced, they should be no different then any other car that came through the same assembly line.

Many times, dealer's inability to correctly address the problem in the first place and repeatedly doing so can build a case for lemon law.
 

Last edited by jlee; May 26, 2009 at 05:50 PM.
Old May 27, 2009 | 02:08 PM
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Nice looking car and a good price. I miss mine. I've known cars to be bought back due more to the owner hiring an attorney than anything significant wrong with the car. Don't know what the case is with this car but seems like it's worth a look for sure. GLWS.
 


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