E60 Discussion Anything and everything to do with the E60 5 Series. All are welcome!

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Old Apr 29, 2009 | 05:27 PM
  #1  
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My Ride: 2005 545i SMG, Sapphire Black/Tan, Sport Package, Cold Weather Package, NAV, Comfort Seats, Satellite Radio, Premium Sound, Sunshades
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All, not sure if this is the appropriate place to post this question, but I wanted to get a sense of what you think a fair price is for my '05 545 with SMG. It has 52K miles, CPO warranty, as well as extended maintenance to 6/100. It has most every option, other than split rear seats and HUD. Everything is stock. I need a SUV, as much as it chagrins me to say. Any input would be appreciated.
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Old Apr 29, 2009 | 05:57 PM
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Originally Posted by MBX5' post='863480' date='Apr 29 2009, 09:27 PM
All, not sure if this is the appropriate place to post this question, but I wanted to get a sense of what you think a fair price is for my '05 545 with SMG. It has 52K miles, CPO warranty, as well as extended maintenance to 6/100. It has most every option, other than split rear seats and HUD. Everything is stock. I need a SUV, as much as it chagrins me to say. Any input would be appreciated.
retail -- mid 20's?
trade -- you don't want to know.
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Old Apr 30, 2009 | 07:07 PM
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If you really want to know then you should take a look at black book pricing. That will give you a pretty much dead on price for wholesale. Depending on condition it usually be higher with extended warranty
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Old Apr 30, 2009 | 07:17 PM
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Are you sure you need an SUV? :-)
I'd say low to mid $20K's.
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Old May 1, 2009 | 06:10 AM
  #5  
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My Ride: 2005 545i /w Sport pkg - SMG - Nav - Premium pkg - PDC - Ready to begin my modding! =)
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Originally Posted by MBX5' post='863480' date='Apr 29 2009, 07:27 PM
All, not sure if this is the appropriate place to post this question, but I wanted to get a sense of what you think a fair price is for my '05 545 with SMG. It has 52K miles, CPO warranty, as well as extended maintenance to 6/100. It has most every option, other than split rear seats and HUD. Everything is stock. I need a SUV, as much as it chagrins me to say. Any input would be appreciated.

According to NADA (which is what the dealers use) you shoule be in the mid about $25k for retail and about $21K for average trade in!
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Old May 1, 2009 | 07:49 AM
  #6  
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+1 on what people have said. Try KBB's website for more pricing details locally.
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Old May 1, 2009 | 08:34 AM
  #7  
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My Ride: 2005 545i SMG, Sapphire Black/Tan, Sport Package, Cold Weather Package, NAV, Comfort Seats, Satellite Radio, Premium Sound, Sunshades
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Thanks for the responses. Lower than I was hoping. Maybe I don't need an SUV...
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Old May 1, 2009 | 08:40 AM
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Originally Posted by IceyTys' post='865177' date='May 1 2009, 10:10 AM
According to NADA (which is what the dealers use) you shoule be in the mid about $25k for retail and about $21K for average trade in!
Unfortuantely "stealers" do not use NADA values for trade in pricing. They use Galves. Like someone said here earlier you do NOT want to know what they will give you. Good luck.
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Old May 1, 2009 | 09:55 AM
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My Ride: 2008 535i Monaco blue/cream beige, light poplar trim, sport, nav, premium, Logic 7, 6 speed manual My other rides: Departed: 2006 530xi Silver gray/black, anthracite maple trim, cold, sport, nav, premium, Logic 7, 6 speed steptronic, bluetooth, adaptive xenons Departed...2002 525i White/beige, 5 sp manual
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I've heard they also use Manheim auction values. I think maybe it just depends on the dealer (and the brand). In my recent experience trading in a car, I got offers from different dealerships varying by about $7500 on an 02 525i . I eventually went with a dealer who was willing to work from the value I would accept for the car, and then we went through several iterations of offerings. They finally located a car at auction that they could offer at an acceptable price working from that trade value (I don't think I was significantly penalized in the purchase price...so they must have gotten into it with room to work). It took about three months to find the one that fit. I expect they were glad to see my tail lights going down the road ..but I have my new car and don't feel like I gave away my trade.
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