Is this a good deal on a 2022 BMW X5 xDrive40i w/ M-Sport

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Trying to evaluate whether I am getting a good deal on a pre-owned 2022 BMW X5 xDrive40i w/ M-Sport. Car has 23.5k miles, clean Carfax, 1 prior owner. I am in NJ. Can you all please take a look and let me know?

MSRP - $48,995
Discount 495
Your Price $48,500
Vehicle Protection 499
Tax 4,538
Total $53,537

What are similar cars in your area going for?

Do a 100 mile search on Autotrader and see if the majority with those options are coming back within that price range +/- a percentage point or two and you’ll have the answer. Make sure your comparing apples to apples with options and mileage.

As for your current deal I would scrutinize what the protection package covers and if that $500 would be better spent elsewhere or not at all.

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Whatever this number is, it’s not MSRP.

In addition to what the others said, compare your total cost of ownership on a used one vs a new one at 10% off at ___ new car APR.

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