is it just me. . .
12-13-2009, 06:58 AM
#21
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Join Date: Feb 2006
Location: UK
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My Ride: Jan 2006 E63 650i Sport
.
Options:
Sport version (includes: sport-seats, sport-suspension, M-Sport steering wheel, Anthracite headliner, Shaddow Line), Saphire Black, Black Dakota Leather, Anthracite Maple Wood trim, Steptronic Auto, Xenons, NAV-Professional with Voice Control, TV, CD-Changer, Bluetooth, Logic7, Head-up Display, Comfort Access, Seat Heating front, Auto Dimming & Folding Mirrors, Extended Auto Air Conditioning, PDC.
.
Mods:
Spacers 5mm front & 15mm rear
.
Wheels:
20" Alpina Softline (Classic) with Dunlop Sport Maxx non-RFT (255/35/20 & 285/30/20)
Its not just you; I am having the same issues with dealers in Germany where I am looking to trade mine in for a 550i. Mine is worth between 20-22k Euro and I am being offered as low as 16k for mine. Foretunately a couple are offering me 18k and doing me a decent price on the car I am looking to buy. I think a lot has to do with what else the dealer currently has on the forecourt -- some are interested in my car, others say they already have enough "large high-powered" cars, so are not interested in taking any more at this stage of the year. So I think it may be worth while you approaching other dealers to see what the situation is like with them or as others suggested, try to sell it privately.
Good luck!
Good luck!
12-13-2009, 06:59 AM
#22
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Originally Posted by vrondados' post='1072762' date='Dec 12 2009, 09:38 PM
i got it in sept 2007, so 4 yrs or 40,000, so id rather take the 6 grand and the 9 grand put it on an x5 and lower my payment, anyone want to take over a lease ill throw in 19 summer wheels
Your warranty is *NOT* almost up. The warranty is 4 years / 50,000 miles. If you put miles on at the same rate as you have been, you have about 10 months left before you hit 50,000 miles.
Tom
12-13-2009, 07:15 AM
#23
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Location: North Carolina, USA
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My Ride: 2008 BMW 550i
2006 BMW X3
My '06 650i was a 6 speed. Frankly I wasn't happy with the smoothness of it, in particular the off idle throttle response needed for a smooth start off the line so I wasn't interesting in a 6 speed 550i, especially once I drove the SAT.
What was upsetting was the low ball trade in I got for the 650i. "We just can't sell a 6 speed 650i on our lot" Was the story I was told.
They advertised the car for $10k over what I was offered and sold it in a week.
What was upsetting was the low ball trade in I got for the 650i. "We just can't sell a 6 speed 650i on our lot" Was the story I was told.
They advertised the car for $10k over what I was offered and sold it in a week.
12-13-2009, 07:22 AM
#24
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Location: Brampton, Ontario
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Originally Posted by EBMCS03' post='1072783' date='Dec 12 2009, 10:33 PM
They're not crazy, they basing their pricing from what they can get for the same car at a auction. Dealers dont use KBB anymore.
12-13-2009, 11:14 AM
#25
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My Ride: 545iSMGSilver GrayAuburn Dakota LeatherLogic 7 Premium SoundSports Package
Originally Posted by vrondados' post='1072786' date='Dec 12 2009, 07:41 PM
sorry im ranting here[, but only u hardcore e60 fanatics understands my wife doesnt want to hear it, then they tell me its a 6 speed manual, they are not in demand, thats bs, what an excuse. how many people here drive manuals,
12-13-2009, 12:06 PM
#26
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Location: Northern Central MASS.
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My Ride: '08 535i sport
'01 M5
What dealer is it if I may ask. I know the residual on my '08 535 that has 2 more years to go is around $33000 on a 36000 mile lease. I should be able to buy it for far less when the lease is up. The way these cars depreciate is astonishing. I am seeing '08 M5's with similar mileage retail for under under $50,000.
12-13-2009, 01:04 PM
#27
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Location: Philadelphia
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My Ride: 2008 535xi-
Alpine White, Natural Brown Interior, Sport Pack, Premium Pack, Comfort Access, 20 way Multi-contor seats, Navigation, 18" rims, Cold Weather Pack
Originally Posted by S62FAN' post='1072974' date='Dec 13 2009, 04:06 PM
What dealer is it if I may ask. I know the residual on my '08 535 that has 2 more years to go is around $33000 on a 36000 mile lease. I should be able to buy it for far less when the lease is up. The way these cars depreciate is astonishing. I am seeing '08 M5's with similar mileage retail for under under $50,000.
12-13-2009, 04:08 PM
#28
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My Ride: '08 535i sport
'01 M5
For what it's worth, I have found that if you take the average of the current "Buy it now" prices of similar cars selling on Ebay, than multiply it by .85 or 85%, you will get a good idea what dealers will offer you on your car in trade. It's not a perfect mathematic model, but damn close from what i've noticed in all my years of buying/selling BMW's. I've dealt with Main Line, Devon Hill and Otto's over the years, and none were much better on trade in pricing than the others. I've noticed that the residuals on todays leases are far less than previous years, so that adds further downward pressure on prices of used cars. Your car is worth more today than tomorrow, I'm sorry to say. Best of luck.
12-14-2009, 08:01 AM
#29
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My Ride: 2010 VW Passat Wagon 2.0l Tsi
Grey/Grey Budapest 18"
Lost to HPFP issues:
08 535i sport pkg
Lost to Dreaded E61 Sun roof leaks:
07 E61 530Xi
Find a friend with access to a Black book, or a friend that goes to auction and have them run the numbers on a similar car to the one you are trying to sell you will get high and low depending on mileage, shoot for average . That will give you a real idea of what the dealer is going to buy sell at.
Dealers have not used KBB in a while, and if you want a rough guide take the dealer trade and lose 15% and work from there.
If you were buying a NEW car from them they would be more likely to give you a new price, a Used or CPO bmw they will not move much on the trade. The CPo business was up over 23% for them this year while sales of new cars were down roughly 20-25%.
Dealers have not used KBB in a while, and if you want a rough guide take the dealer trade and lose 15% and work from there.
If you were buying a NEW car from them they would be more likely to give you a new price, a Used or CPO bmw they will not move much on the trade. The CPo business was up over 23% for them this year while sales of new cars were down roughly 20-25%.
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