Trade in value

[SimonB]

Man, am I surprised or what... how much do you reckon for the following:

135i, Sept 2008 delivery, Manual, Sparkling Graphite body, Alaska Grey interior, Pro Nav, Sunroof, Comfort Access, Adaptive Headlights, up spec'd sound - under 40,000km (just), excellent condition...

[luster]

$40?

[BBK]

Depends on what you're trading in for?

[ansch]

i'd say $30

[amk2912]

After all my experiences with WA dealers......... I'd say between $30k - $35k.

[Kiwi Peter]

If the car is mint one owner nothing to spend, the Dealer retail is around $52,500 plus on road cost. If you are going to cash it up $30,000. if you are going to trade up to new $38-$42,000 that is from my dealer mate in Sydney.

[Zuzu]

I got $56K back in October for my '08 fully optioned BSM 135i vert with 29,800kms, and the dealer sold it the following week for $64.5K...

So probably about $40-42K for your trade..Considering the market os now flodded with 08/135i's coming out of their 3-4 year leases..

[Pretz]

... but then deduct $5k if it's Auto Classic.

[Stuart@BMRAutowerkes]

so what's the answer

[m 135]

Originally Posted by bmroxm5

so what's the answer

+1
I got 55k on a trade for the x6 from A/C,09,auto,,no c/a,no i-drive,20,000km.

[Tab135]

$34k Pm sent.

[SimonB]

Okay, interesting responses - thanks. The answer was, based on a valuation (technically not a trade, yet) is $42K. Below what I was expecting, but above what someof you suggested.

KJD, if your PM is an offer based on your suggestion of $34K, no thanks :-)

Some others were spot on. We'll see if they're serious when we start talking more in a few weeks.

[Tab135]

it wasnt an offer it was jst a guess at what stupid offers you recieved, but do reply to my PM

[SimonB]

Originally Posted by KJD

it wasnt an offer it was jst a guess at what stupid offers you recieved, but do reply to my PM

I Just have, thanks :-)

[woosh]

Originally Posted by ianf

It depends on what you are buying... the dealer will just offset a higher trad-in against the new car. Best way is to first ask for a trade-in value, then say you will sell privately and negotiate a discount on the new car, then come back and say you want to trade-in

Now that's one way to do it

[Alpine*]

Originally Posted by woosh

Now that's one way to do it

Nup, other way around. Ask for a NO Trade price, get the best deal you can then ask for a trade valuation. This way you know exactly what price you are paying for the new car and how much, wholesale, they are offering you for your trade.

[pavo335]

financially the best option is to ALWAYS sell your car private and go armed with a brown paper bag of cash. BUT there are a lot of lazy fuckers out there (myself included) who could not give a shit and just negotiate hard. Remember folks its only money and after you've counted it there is only one thing left to do with it.

[Giveway74]

Originally Posted by pavo335

financially the best option is to ALWAYS sell your car private and go armed with a brown paper bag of cash. BUT there are a lot of lazy fuckers out there (myself included) who could not give a shit and just negotiate hard. Remember folks its only money and after you've counted it there is only one thing left to do with it.

Sometimes the hrs of your time dealing with tyre kickers and joyriders is worth more than the cut you take by trading in.

[Alpine*]

Originally Posted by ianf

Huh?... you'll never get the best trade-in $ then as dealer already discounted new car

Exactly Ian. The facts are that you know the lowest $$ price you can get a new car for from any dealer anywhere in Aus, if you care to chase like I do. 2 years ago I bought a TTS for $30k off RRP no trade, my P car was $23k off RRP, the 1M was $x off RRP, none of these would have been easy if I was to trade. Reason being is that they came from 3 different cities in Australia so I couldn't trade anyway

Once you have that the trade-in valuation offer you know it is realistic as to what the car is actually worth (to the dealer/wholesaler at least) then and only then you can make an informed decision. You can always take some of the discount dollars on the new car and throw it onto the trade, if that is what is needed to "get out of" the old car. In the end you then have a changeover cost, in reality this is all that matters.

I NEVER trade, I usually try and sell before the new car arrives, my M3 was the unfortunate exception. The higher the value of your trade the tougher it is to sell private and the more you loose on a trade in. I had the M3 financed for 6 months after I bought a new car, but in the end it cost less to do that over the 6 months and sell than it would have hurt if I took the trade up front when I bought new. In the perfect world, sell your car then go shopping for a new one (as long as they are a relatively "in stock" vehicle of course). Otherwise you may have to take a punt like most of us, Ian, Zuzu and I did.....

[BMW86]

Originally Posted by AlpineM3E92

Exactly Ian. The facts are that you know the lowest $$ price you can get a new car for from any dealer anywhere in Aus, if you care to chase like I do. 2 years ago I bought a TTS for $30k off RRP no trade, my P car was $23k off RRP, the 1M was $x off RRP, none of these would have been easy if I was to trade. Reason being is that they came from 3 different cities in Australia so I couldn't trade anyway

Once you have that the trade-in valuation offer you know it is realistic as to what the car is actually worth (to the dealer/wholesaler at least) then and only then you can make an informed decision. You can always take some of the discount dollars on the new car and throw it onto the trade, if that is what is needed to "get out of" the old car. In the end you then have a changeover cost, in reality this is all that matters.

I NEVER trade, I usually try and sell before the new car arrives, my M3 was the unfortunate exception. The higher the value of your trade the tougher it is to sell private and the more you loose on a trade in. I had the M3 financed for 6 months after I bought a new car, but in the end it cost less to do that over the 6 months and sell than it would have hurt if I took the trade up front when I bought new. In the perfect world, sell your car then go shopping for a new one (as long as they are a relatively "in stock" vehicle of course). Otherwise you may have to take a punt like most of us, Ian, Zuzu and I did.....

+ 1

When you're trading-in it all comes down to the change over price. That's all that really matters to both sides.

If you sell privately you're not restricted to 1 dealership when you're negotiation for a new car either.

[amk2912]

Originally Posted by BMW86

you're not restricted to 1 dealership when you're negotiation for a new car either.

Unless, like SimonB, you live in the Wild West where though there are 2 BMW dealerships, they're owned by the same people. Same dog, different fleas.

[Alpine*]

Originally Posted by amk2912

Unless, like SimonB, you live in the Wild West where though there are 2 BMW dealerships, they're owned by the same people. Same dog, different fleas.

amk, as I said don't let borders stop you. I'm in Canberra, the 1M, comes from BMW Melb, the P comes from PBrissy and the previous car, a TTS, came from Audi Sydney.

There are bargains out there, you just need to be knowledgeable and serious about buying and what you want, stuff them around and they will stuff you around.