Quote:
|
Originally Posted by ColdList
Quote:
Originally Posted by stealth.pilot
If you have no options and a $90k MSRP than 75k is right.
BTW in my opinion never trade-in your car. These guys make a $10k mark up on used M5s.
Honestly I'd rather burn my M5 than get raped on trade-in.
Any half competent person can sell their car on autotrader. I've sold lots of cars that way. Last year on my 550i I beat dealer trade-in by $15k by selling privately and I had multiple offers including one above asking price.
|
Well, depends on your deal. With the cash I am getting of mine, factoring in the tax savings on the M6, I end up with the equivalent of approx. $94K net figure. On a car that I paid $105k for $11k is more than an acceptable expectation of depreciated loss. Every deal stands on its own. |
I don't pay sales tax because my car is Montana titled.
That said I wonder if your high trade in values are partly a function of the price you pay for the new one? I.e. Dealer is looking at total margin. Would dealer give you the same trade if you were buying at invoice?