Quote:
Originally Posted by ColdList
So look at the going prices:
http://www.cargurus.com/Cars/l-Used-2013-BMW-M5-c23342
Even without your Montana tax savings, I am still ahead of the game. Now add the convenience of the trade process. Win all around.
Not going to fool myself into thinking anyone will pay me MORE than $93-$94 for my car. If they paid the SAME price, I would sooner trade to avoid potential fraud and hassles.
As I said-every deal stands on its own. I know this game backwards and forwards and I play it well.
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You did very well. But like I posted above most dealers pay about $10-15k below Private retail. So your case does not sound typical.
My 550i example is a good one, trade in was $55k, I listed it for $68k and in the end I sold it for $70k and one guy tried to offer me $71k after I had shaked hands with the first buyer. Obviously I didn't take the 71 because I keep my word.
On Individual cars you do have a bit more leverage in private sale.