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very interesting open and honest discussion. The manheim prices are over inflated because a lot of the buyers are sending the cars overseas. Seems the private bmw dealers are interested in buying trade ins in the mid to high 70's right now and listing in the high 80's low 90's.
the dealers seem to have the upper hand for a few reasons, convenience esp for those that don't want to take the chance of getting scammed with private sales, and for tax savings using the trade in against new purchase price. (stealth you are very impressive beating the system!)
The dealer I dealt with today was classic, it was a non bmw dealer looking to get 94 for their car, said that he already had guarantee offers from a local bmw dealer to buy the car for 90. I found that hard to believe since if the dealers were really that willing to buy used m5s they would not low ball trade ins and offer high 80s or 90 especially if they are going to turn around and sell a new 2014 in the process.
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