Just bought a m850i! Good deal?

850beamerdreamer · 07-09-2023, 06:50 PM

Hi all!

This is my first ever post here! Excited to be a part of the bimmerpost family

So, I bought a used m850i about a week ago. It’s my first ever bmw; been dreaming of owning one since I was a kid and the feeling is still sinking in. I traded in my 2020 accord sport, which I’d bought new during Covid (was a great deal!) and put ~52k miles on. It was sad to see my old friend go, but real excited for this next chapter with the m850!

I’m a stickler for good deals (who isn’t) and believe I got one for the m850i after 3 weeks of negotiating. I’m curious to hear your thoughts and see if you agree, so sharing details on the car and the deal.

So, she’s a 2019 m850i coupe with ~45k miles on; is CPO with one month of manufacturer warranty and one additional year of CPO warranty; is pretty well equipped with the driving assistance pro and executive packages; has a very healthy carfax with regular servicing; and looks beautiful with a dravit grey metallic exterior lined with the shadow line package with no discernible blemishes (car looks new!), black interior, crystal shift and knobs, and black rims with blue clippers. The car was MSRPed at $58k and I ended up bringing it down to $55.5k. Furthermore, I negotiated a 2 yr maintenance package ($4.2k) and extended my warranty further by 2 years (so 3 years total) ($2.7k) for an additional $6.9k where my warranty is refundable if I sell the car early, pro-rated to a max of half the cost ($1.3k). With tax ($5.2k) , other fees (~$0200), and factoring in my trade-in ($10k equity), it cost me ~$57k in total (inclusive of the maintenance/warranty).

Would love to hear your thoughts on the deal

Let me know if you’d like more details.

Tenac · 07-09-2023, 06:53 PM

Didn't happen unless you share pictures.... Forum rules.... Don't make us call Vic55 .....

Seems like a great deal too me, congrats and enjoy.

850beamerdreamer · 07-09-2023, 07:01 PM

Haha, added the pictures. Thank you!

Davesrb · 07-09-2023, 07:13 PM

That is a pretty good deal. Beautiful M850!

Wavy · 07-09-2023, 08:53 PM

That's a huge upgrade. Congrats.

Rob_G77 · 07-10-2023, 09:19 AM

It boggles my mind why the M850i has such a low resale value. It's not like there's known glaring defects that would make it an absolute money pit to own. It's a beautiful car, drives nicely, has good power and fuel economy is even good too.

Great looking car! Enjoy!

Rob

Wavy · 07-10-2023, 09:57 AM

Quote:

Originally Posted by Rob_G77

It boggles my mind why the M850i has such a low resale value. It's not like there's known glaring defects that would make it an absolute money pit to own. It's a beautiful car, drives nicely, has good power and fuel economy is even good too.

Great looking car! Enjoy!

Rob

Sorry to get off topic but new ones don't sell well either so it effects the used car market. The high end 2 door car market is a niche segment. The LC 500 is the same way

Sinister840 · 07-10-2023, 10:36 AM

Seems like a great deal. Congratulations.

BMWGUYinCO · 07-10-2023, 11:17 AM

Great deal and so much car for the money - enjoy!

snareman · 07-10-2023, 10:09 PM

Wow, an Accord to an M850! Quite the upgrade!

coupeforjoe · 07-11-2023, 10:50 AM

Quote:

Originally Posted by snareman

Wow, an Accord to an M850! Quite the upgrade!

I feel mine M850 was an upgrade from mine 650. I can imagine how the OP will be impressed if he/she selects Sport +, this thing (M850) is a beast.

bloozemanAZ · 07-19-2023, 04:31 PM

Sounds like a good deal and enjoy the drive in that gorgeous M850i coupe. 👍

secretariat · 07-21-2023, 07:44 AM

OP, you traded your Honda Accord for this? What were you thinking? Well good luck with it. JK

autobahnscott · 07-21-2023, 06:13 PM

Great deal! Gorgeous car. It is sad how fast a $100K+ car depreciates.

snowbimmer · 07-21-2023, 06:20 PM

Quote:

Originally Posted by autobahnscott

Great deal! Gorgeous car. It is sad how fast a $100K+ car depreciates.

They depreciate at least $1.25/mile

07-09-2023, 06:50 PM	#1
850beamerdreamer Registered 23 Rep 2 Posts Drives: M850i 2019 Join Date: Jul 2023 Location: California iTrader: (0)	Just bought a m850i! Good deal? Hi all! This is my first ever post here! Excited to be a part of the bimmerpost family So, I bought a used m850i about a week ago. It’s my first ever bmw; been dreaming of owning one since I was a kid and the feeling is still sinking in. I traded in my 2020 accord sport, which I’d bought new during Covid (was a great deal!) and put ~52k miles on. It was sad to see my old friend go, but real excited for this next chapter with the m850! I’m a stickler for good deals (who isn’t) and believe I got one for the m850i after 3 weeks of negotiating. I’m curious to hear your thoughts and see if you agree, so sharing details on the car and the deal. So, she’s a 2019 m850i coupe with ~45k miles on; is CPO with one month of manufacturer warranty and one additional year of CPO warranty; is pretty well equipped with the driving assistance pro and executive packages; has a very healthy carfax with regular servicing; and looks beautiful with a dravit grey metallic exterior lined with the shadow line package with no discernible blemishes (car looks new!), black interior, crystal shift and knobs, and black rims with blue clippers. The car was MSRPed at $58k and I ended up bringing it down to $55.5k. Furthermore, I negotiated a 2 yr maintenance package ($4.2k) and extended my warranty further by 2 years (so 3 years total) ($2.7k) for an additional $6.9k where my warranty is refundable if I sell the car early, pro-rated to a max of half the cost ($1.3k). With tax ($5.2k) , other fees (~$0200), and factoring in my trade-in ($10k equity), it cost me ~$57k in total (inclusive of the maintenance/warranty). Would love to hear your thoughts on the deal Let me know if you’d like more details. Attached Images Last edited by 850beamerdreamer; 07-09-2023 at 07:02 PM.. Reason: Adding pictures
	Appreciate 13 Davesrb184.00 Wavy1178.50 Tenac4548.50 bloozemanAZ4274.00 Bulent Ali160.50 M8Bimmer1272.50 Sinister84035.00 BMWGUYinCO4122.50 Seaford1150.50 lowercase_m19.50 John H.230.00 Bankerbry307.00 Accentu8703.50 Tweet Quote

07-09-2023, 06:53 PM	#2
Tenac Brigadier General 4549 Rep 3,511 Posts Drives: All Join Date: Mar 2019 Location: AZ iTrader: (0)	Didn't happen unless you share pictures.... Forum rules.... Don't make us call Vic55 ..... Seems like a great deal too me, congrats and enjoy. __________________ 2022 M8 Comp Convertible 2023 718 Cayman GTS 4.0 2019 718 Cayman Base 2015 M235 Manual On the list for the M2 CS
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07-09-2023, 07:01 PM	#3
850beamerdreamer Registered 23 Rep 2 Posts Drives: M850i 2019 Join Date: Jul 2023 Location: California iTrader: (0)	Haha, added the pictures. Thank you!
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07-09-2023, 07:13 PM	#4
Davesrb Private 184 Rep 57 Posts Drives: '23 840i, '24 X6 40i, '19 X7 Join Date: Jan 2022 Location: The Emerald Coast of Florida iTrader: (0) Garage List 2019 BMW X7 [9.00] 2024 BMW X6 40i [7.50] 2023 BMW 840i [0.00]	That is a pretty good deal. Beautiful M850!
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07-09-2023, 08:53 PM	#5
Wavy Captain 1179 Rep 843 Posts Drives: B8 Join Date: May 2015 Location: SoCal iTrader: (0)	That's a huge upgrade. Congrats. __________________ '23 B8, '84 Monte Carlo SS, '23 Escalade, '21 S 580, '20 AMG GT 53 , '18 LS 500, '18 X6, '16 Corvette, '12 750Li, '14 GS 350, '13 ES 350, '10 Maxima, '09 Challenger
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07-10-2023, 09:19 AM	#6
Rob_G77 Major 1157 Rep 1,363 Posts Drives: Nothing Join Date: Feb 2020 Location: Regina, SK iTrader: (0)	It boggles my mind why the M850i has such a low resale value. It's not like there's known glaring defects that would make it an absolute money pit to own. It's a beautiful car, drives nicely, has good power and fuel economy is even good too. Great looking car! Enjoy! Rob
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07-10-2023, 10:36 AM	#8
Sinister840 Private 35 Rep 54 Posts Drives: BMW 840i x-Drive Join Date: May 2023 Location: New York iTrader: (0)	Seems like a great deal. Congratulations.
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07-10-2023, 11:17 AM	#9
BMWGUYinCO Second Lieutenant 4123 Rep 273 Posts Drives: 22 M850 Convertible '23 X3 M40 Join Date: Apr 2020 Location: Colorado iTrader: (0)	Great deal and so much car for the money - enjoy!
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07-10-2023, 10:09 PM	#10
snareman Leave the gun. Take the Canoli. 9067 Rep 7,628 Posts Drives: ///M8 & X3 ///M40 Join Date: Dec 2006 Location: Ohio iTrader: (0)	Wow, an Accord to an M850! Quite the upgrade! __________________ Current: 2023 Santorini Blue ///M8 \|\|\| 2023 X3 M40 Retired: 2021 Enzian Blue ///M4 \|\|\| 2018 ///M4 \|\|\| 2017 ///M4 \|\|\| 2014 435i \|\|\| 2009 335i Coupe \|\|\| 2007 335i Coupe
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07-19-2023, 04:31 PM	#12
bloozemanAZ Brigadier General 4274 Rep 4,350 Posts Drives: 2020 M850i Coupe Join Date: Oct 2019 Location: Arizona iTrader: (0) Garage List 2024 X5 X-Drive 40i [0.00] 2020 BMW M850i Coupe [10.00]	Sounds like a good deal and enjoy the drive in that gorgeous M850i coupe. 👍
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07-21-2023, 07:44 AM	#13
secretariat Major 954 Rep 1,457 Posts Drives: 2016 X5M Join Date: Dec 2012 Location: New York iTrader: (0)	OP, you traded your Honda Accord for this? What were you thinking? Well good luck with it. JK
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07-21-2023, 06:13 PM	#14
autobahnscott Private 58 Rep 86 Posts Drives: 2022 M850I Convertible Join Date: Dec 2021 Location: MD, USA iTrader: (0)	Great deal! Gorgeous car. It is sad how fast a $100K+ car depreciates.
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