2007 M45 Sport

[m5dream]

I have seen some great prices on this forum for a 2007 M45. For example, people have reported getting a M45 with 20-30k miles for mid $20k range.

In my area, there is a 2007 M45 sport with nav, dvd entertainment with 27k miles for $36k. This seems too much from what I have seen. However, it seems to be what Edmunds recommends.

This car looks great. I would buy it now if the car can be had for around $28k. Is this possible?

Thanks in advance.

[ArbitrageMan]

Heres my thinking...

If I leased a new 2007 M, I would have done so in ~September of 2006, when the 2007s were released. A three year lease from September of 2006 takes me to September of 2009. Add a month or two to for the car to be taken to auction, bought and put back up for sale at a dealership.

This means that you're going to start seeing more and more 2007s, coming off lease in the next two months and showing up for sale. When the supply goes up, the price will go down.

I found that to be true when I was shopping for my 2006 last year. In October I was seeing more and more around, and the prices were favorable.

...just my 2 cents.

[atlex35]

Are you looking at the one at Infiniti of Gwinnett? Talk to Dennis Epps. I bought my 09 FX35 from him. See if can do any better on the price. Tell him John referred you.

I do agree you will see more 07s off lease in a couple of months. Just wait, give Dennis your info and he will contact you once something comes in.

Good luck with your search.

[m5dream]

Can I expect prices to be in high 20s at that time? Or is it possible now?

[m5dream]

This is the one in Gwinnett. How low do you all think the price can go?

[AtlM]

I'm in the Atl. area and in Feb, I bought my loaded, including rear entertainment '06 sport with 33k mi. for $24,500 from a private seller. I almost went the broker route with a guy in FL, but this ended up being easier, although a few dollars more. In short, you can do much better.. Quick check on autotrader shows one at a used lot with 21,440 mi. for $27K

[atlex35]

http://www.autotrader.com/fyc/...false

I didn't see the one for $27k but I did find this one.

[AtlM]

The one I found was a 2006, but very few differences from '06 to '07...

http://www.autotrader.com/fyc/...false