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#1
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Trade in Value my 11 X5 towards 14 X5?
Adaptive Drive Rear Seat Entertainment Heads Up Display Most options - it doesn't have active steering, ventilated seats or active cruise. No leather dash. It is Alpine White and is in excellent condition (9/10) - new tires, no major dings. What do you think I might expect trading against a new 2014 X5 that has MSRP around $70k? Thanks
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2011 X5 Xdrive50i Sport Package AD 2013 Touareg TDI 2012 Ford F250 Super Duty Powerstroke 1997 BMW M3 Sedan 1995 BMW 540i 6 Speed Retired: 2008 Acura MDX (good car - yawn) 2002 M5 (I will miss this car forever) 1999 M3 (fun car X2) 1992 325IS DINAN (fun car) 1987 325IS (fun car) 1986 325IS (fun car) |
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#2
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They will give you less than $35k first to see if you bite. The vehicle I just purchased for under $40k is similar to yours, 42k miles, but add M-sport pack, third row seat, leather dash, vented seats... pretty much all options. Hope this helps.
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-------------------------------------------------------------------------------- LEV 2011 X5 xDrive50 Black/black////M sport pack/all options 2006 ///M3 Cabrio Gone but not forgotten 2003.5 ///M3 Gone but not forgotten 2007 Aston Martin V8V Gone but not forgotten 2007 Porsche turbo Gone but not forgotten 1995 540i M-sport(1 of 70) Gone but not forgotten |
#3
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Trade in price doesn't matter. Only the difference to the new vehicle matters.
If they see you are concerned about trade in price, they will make it high, and keep the price of the new vehicle high. If you start off negotiating the price of the new vehicle, you may do better there but will get less apparent trade in value. They are only concerned about the delta, and will wait to see which price you are concerned about, if they are good.
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2007 X3 3.0si, 6 MT, Premium, White Retired: 2008 535i, 6 MT, M Sport, Premium, Space Grey 2003 X5 3.0 Steptronic, Premium, Titanium Silver 2002 325xi 5 MT, Steel Grey 2004 Z4 3.0 Premium, Sport, SMG, Maldives Blue |
#4
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Run it through Edmunds.com for trade in and private sale values. Or take it to Carmax - their trade in price will be low, but it will give you some negotiating room. Agree with the previous poster as well, don't be fooled by a dealership's "high" trade in offer. They make up for it in other ways. If you're interested in making the most money possible sell privately. If you're interested in convenience and tax advantages negotiate the selling price of the car you're going to buy then negotiate the trade value separately.
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Currently 2012 X5: BSM/Black/Sport Activity/Bel STi-R Plus So Long! 2013 M3: JZB/Black/ZCP/M-DCT 2010 Audi S4: Deep Sea Blue/Black/Prestige/S-Tronic/Full ADS 2006 BMW 330i/Jet Black/Black 2005 Audi S4/Moro Blue/Black |
#5
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Just curious what your impetus is to cop a 2014/first MY of the refresh?
Your current X isn't near 50k miles yet, but the depreciation cost would no be fun, at least to me. I agree with posters above: unless you bump into a hungry dlr, it is all about the dollar diff of your car vs their car. GL, mD
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Ol'UncleMotor From the Home Base of Pro Bono Punditry and 50 Cent Opins... Our Mtn Scenes, Car Pics, and Road Trip Pics on Flickr: http://www.flickr.com/photos/4527537...7627297418250/ http://www.flickr.com/photos/4527537...7627332480833/ http://www.flickr.com/photos/45275375@N00/ My X Page |
#6
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Main reason is I have 42.5k on the clock and getting the BMW extended warranty (mandatory) will cost me $3.8k.
That being said, I will probably pay the $3.8k and keep driving the 5.0 Quote:
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2011 X5 Xdrive50i Sport Package AD 2013 Touareg TDI 2012 Ford F250 Super Duty Powerstroke 1997 BMW M3 Sedan 1995 BMW 540i 6 Speed Retired: 2008 Acura MDX (good car - yawn) 2002 M5 (I will miss this car forever) 1999 M3 (fun car X2) 1992 325IS DINAN (fun car) 1987 325IS (fun car) 1986 325IS (fun car) |
#7
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I would stay where you are at in the 11 and get the warranty. The only reason to jump is if you have a ton of cash burning a hole in your pocket and nothing else better to do with it, imo.
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2008 E70 4.8i sport space gray 20" staggered 214 wheels Tech package Cold Weather Comfort Access HUD |
#8
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if you own the car from new and maintained it well i think you could roll the dice on it for a year out of warranty and if you have a good relationship with your dealer they could cut costs on parts and labor if something should occur. a warranty is a MUST if you are buying used and unknown product from abc in xyz. wait for at least second year model and revisit. demand may be down your depreciation may have stabilized by then but then again your car, your call.
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#9
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When it comes to high end cars, you're just not going to do well.
Most of the cars I've traded had under 20K at time warranty goes. I trade just to keep a car in warranty. The dealer is going to win regardless. If its the "I want a new model" just do it and don't look back. |
#10
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nobody says you have to buy BMW's extended warranty either. Third party warranty (I have warranty direct) + trustworthy independent shop @ http://www.bimmershops.com.
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'08 X5 3.0si - Alpine White / Saddle Brown interior Specs: Sport Pkg, Premium Pkg, Tech Pkg, Comfort Access, Aero Kit, Style 433 staggered 20s on Conti DWS Mods: Carbon 35 tint, LED angel eyes, GP Thunder 7500k fogs, H&R 20mm/25mm spacers, clear reflectors, gunsmoke-tinted taillights Coded: Digital speedo, windows/sunroof/tailgate close via keyfob X5 pics at Flickr |
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