Quote:
Originally Posted by PeterM5
I swapped my March 2012 one with 7000 miles two months ago against a new SL500. Paid 85k new for the M5 and best I could get was 55k. Merc dealer passed it over to BMW who marketed it for 60k. I also offered it back to Park Lane as a straight buy back and they offered the same 55k. I cant see many people buying one of these cars privately and I wouldn't fancy the risk of selling it that way either. So brace yourself for a big hit and just make sure you go on a few great drives before you hand it over! Good luck and congrats on the job!
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I think you just aren't good at selling.
Here's another benchmark:
I sold my 2012 550i which I had for 12 months in October for $70k (that car had a sticker of $84k when new). So somebody paid $15k more for my 550i than they did for your newer lower mileage M5.
You got worked.
The dealers low balled me too. In the end I advertised online and got my asking price. In fact another guy even offered to pay more after I had accepted the deposit from the buyer!