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      01-20-2013, 10:53 PM   #12
stealth.pilot
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Drives: 2014 911 Turbo S
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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!
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!
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