How Much Should I Pay: 2005 BMW 545i

Question: How much shoudl I pay: 2005/2006 BMW 545i 50k miles. manual with smg. private party or dealer sport package
Queen of the Road: Hi there. Welcome to AutoBragBlog! I did not see any 2006 545is.
For a 2005 BMW 545i Sedan 6sp with 50,000 miles, wholesale prices range from $23,300 (being in above average condition) to $20,700 (being in average condition) and $18,100 (being in below average condition).
A fair range for a dealership sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $20,000 to $25,600. A private seller will usually aim to sell it for 5%-10%.
Check the carfax and do plenty of research on the history of the vehicle. Ask for their maintenance records. You can even bring a mechanic for a brief inspection. Here’s a good article to read before continuing: Car Buying Tips From An Insider. Let me know if you have any further car questions.
Good luck and keep us posted on how the purchase goes!

