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Trade in value for 550i to 2007-8 M3

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Old 02-20-2010 | 03:47 AM
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aresh's Avatar
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Hi guys I'm new to this type of stuff so I would like your help. I have a fully loaded 2006 550i with mtech kit, I have 70,000 miles. I was thinking about trading in for an M3, mileage dosent matter to me. How much can I look forward to paying for the m3 after trading in?
Old 02-20-2010 | 08:04 AM
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My Ride: 05' 545i
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best case scenario is mid-high $40k for the M3 before trade in of the 5er
Old 02-20-2010 | 08:30 AM
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From: Calgary, AB - Canada / Buenos Aires - Argentina
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as the 2006 M5 with similar mileage as yours is about $33K to $37K so your 550i might be about 21K-26K.

550i: http://autos.yahoo.com/used-cars/ove...=550&location=

2006+ M5: http://autos.yahoo.com/used-cars/ove...stingtype=used

2008+ M3: http://autos.yahoo.com/used-cars/ove...stingtype=used

for trade in: normally 10%-25% less than the current market prices or see the black book.

My 2004 545i for trade in worth $12K-$16K ouch!
Old 02-20-2010 | 10:49 AM
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Depreciation sucks haha
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