Trade in value
#1
Contributors
Thread Starter
Join Date: Mar 2005
Location: Chicagoland (US)
Posts: 572
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 2005 545i with Sport Pkg, Nav, HUD, Cold Weather Pkg, Rear Shades
![Thumbs up](https://5series.net/forums/images/icons/icon14.gif)
This is a question to all of you who have traded your e60 in for a new/different model.
How far (more/less) from the Kelly Blue Book value were you offered and how far did you end up??
I am just curious to see how accurate the KBB numbers are in reality. Or is it just a starting point for negotiation? If just a starting point, then what is realistic?
Please mention your model when you reply.
Thanks for your help
How far (more/less) from the Kelly Blue Book value were you offered and how far did you end up??
I am just curious to see how accurate the KBB numbers are in reality. Or is it just a starting point for negotiation? If just a starting point, then what is realistic?
Please mention your model when you reply.
Thanks for your help
#2
Contributors
Join Date: Aug 2004
Location: San Luis Obispo, California
Posts: 1,032
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 2007 Titanium Gray 550i, with sport, nav, HUD, Logic7, sat radio, cold weather, rear side airbags, rear seat heaters, and it goes like a bat outta hell!
![Default](https://5series.net/forums/images/icons/icon1.gif)
Originally Posted by JStraw' post='280558' date='May 10 2006, 11:50 AM
This is a question to all of you who have traded your e60 in for a new/different model.
How far (more/less) from the Kelly Blue Book value were you offered and how far did you end up??
I am just curious to see how accurate the KBB numbers are in reality. Or is it just a starting point for negotiation? If just a starting point, then what is realistic?
Please mention your model when you reply.
Thanks for your help
How far (more/less) from the Kelly Blue Book value were you offered and how far did you end up??
I am just curious to see how accurate the KBB numbers are in reality. Or is it just a starting point for negotiation? If just a starting point, then what is realistic?
Please mention your model when you reply.
Thanks for your help
#3
Senior Members
Join Date: Sep 2004
Location: New York, NY
Posts: 2,074
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: '05 545i - scheduled for ED pickup in Munich on 7/22!
![Default](https://5series.net/forums/images/icons/icon1.gif)
no dealer i know of is willing to accept kbb. they use http://www.galves.com/, which is based on real auction prices and updated weekly. prices are lower than kbb.
#4
Contributors
Thread Starter
Join Date: Mar 2005
Location: Chicagoland (US)
Posts: 572
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 2005 545i with Sport Pkg, Nav, HUD, Cold Weather Pkg, Rear Shades
![Default](https://5series.net/forums/images/icons/icon1.gif)
Maybe I am not stating my question correctly.
I am trying to figure out compared to these websites, how much more (or less) is one getting realistically when you trade your car in.
If galves is lower than kbb, then are people getting the galves number or the kbb number? If galves, then the kbb is number is higher than reality.
So what is it?? Come on ppl. Hasn't any compared their actual (real) trade-in price with the value in kbb or galves??
I am trying to figure out compared to these websites, how much more (or less) is one getting realistically when you trade your car in.
If galves is lower than kbb, then are people getting the galves number or the kbb number? If galves, then the kbb is number is higher than reality.
So what is it?? Come on ppl. Hasn't any compared their actual (real) trade-in price with the value in kbb or galves??
#5
Senior Members
Join Date: Sep 2004
Location: New York, NY
Posts: 2,074
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: '05 545i - scheduled for ED pickup in Munich on 7/22!
![Default](https://5series.net/forums/images/icons/icon1.gif)
i haven't actually completed a trade-in (cause i got sold them privately), but all the dealers i spoke to were unwilling to accept the kbb price. they were only willing to deal if using the galves price.
if you manage to get a better trade-in value, the dealer is probably making it back by not discounting the new car as much.
if you manage to get a better trade-in value, the dealer is probably making it back by not discounting the new car as much.
#6
![Default](https://5series.net/forums/images/icons/icon1.gif)
I recently went to dealers and Carmax to trade/sell my 01 911. I got offers @6k below KBB trade-in price.... I end up sold it privately at KBB trade-in price.... Should I have use Galves? I don't know... if you can sell it privately, Do It..But what a hassle...
#7
Contributors
Join Date: Sep 2004
Location: East Coast
Posts: 883
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 530i 6 speed
![Default](https://5series.net/forums/images/icons/icon1.gif)
Best trade in offered for my 2004 545i was about 10% below KBB value.
My wofe's Subaru 1 year ago fetched ~ 20% below Kbb at 3 dealers after long fighting...
My wofe's Subaru 1 year ago fetched ~ 20% below Kbb at 3 dealers after long fighting...
Thread
Thread Starter
Forum
Replies
Last Post
Vman33
Complete Car Sales
5
03-14-2022 04:43 AM
myfiveserie1818
Private Member Classifieds
12
02-20-2016 07:56 PM
th3h1ghlander
New Member Introductions
8
10-09-2015 07:40 AM
ucsbwsr
E60, E61 Parts, Accessories and Mods
4
09-19-2015 10:58 AM