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Smart Shopper Real-World Trade-In Values
38942 messages, Last post on Dec 02, 2009 at 6:53 PM
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Might not be the brightest idea I ever had, but I am tempted. What would be a reasonable price for: 2000 BMW 525iT (wagon). 74,000 miles. AT. Silver, grey leather. All loaded up, including a heated steering wheel, premium package, roof, etc. Clean, 1 owner, service records. Local trade to a Lexus dealer. No htis/runs/errors. Fresh tires. Assuming it needs nothing, what would be a fair price to pa for this? It is at a used car place that is owned by the same chain that has Lexus and Toyota dealers.
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Replying to: stickguy (Oct 09, 2008 6:17 pm)
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Replying to: lvranger (Oct 09, 2008 1:25 pm) I think $8,000 is the money, maybe $9,000
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Replying to: robbieg (Oct 10, 2008 5:33 am) They were practically the lst of the real, overengineered, hewn from blocks of granite Mercedes. |
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Replying to: volvomax (Oct 10, 2008 8:19 am) |
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Since you got sidetracked lavishing praise on a Benz! What would be a reasonable price for: 2000 BMW 525iT (wagon). 74,000 miles. AT. Silver, grey leather. All loaded up, including a heated steering wheel, premium package, roof, etc. Clean, 1 owner, service records. Local trade to a Lexus dealer. No htis/runs/errors. Fresh tires. Assuming it needs nothing, what would be a fair price to pa for this? It is at a used car place that is owned by the same chain that has Lexus and Toyota dealers.
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Replying to: stickguy (Oct 10, 2008 12:45 pm) |
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Replying to: oldfarmer50 (Oct 09, 2008 3:01 pm) How much would this devalue a car in the north? To me, reading that would make the car worth zero dollars. I'd be asking myself, what else is wrong with the car? Was it maintained, even at a minimum? |
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Replying to: oldfarmer50 (Oct 09, 2008 3:01 pm) I'd say about $1000 off. But...you eliminate a lot of potential buyers. You'd be better off selling a car like that to a college student, so that might limit your asking price to a few grand. In other words, it's acceptable in a beater, but not acceptable in any car that the buyer would have to finance.
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Replying to: ateixeira (Oct 11, 2008 5:53 am) My own car has a bad compressor clutch. It's buried. About a $700 repair. Car's only worth around $1500-1700. I'll just live with the windows down.
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