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      10-09-2014, 02:32 PM   #11
Valnic
BMW Fan
United_States
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Drives: BMW M5
Join Date: Sep 2014
Location: New Hope, PA

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Quote:
Originally Posted by Loft23 View Post
That's rough. My 2010 Audi S4 with 37,500 miles was traded in for $38.5k after 3.5 years when I got my M5. I saw the Internet ad the next day, sold in a total of two days, with an advertised dealer selling price of $41k. Not sure what the buyer bought it for, but it still commanded over 50% value. That is a really good price for a $62k MSRP car. I know depreciation is worse on more expensive cars, but that really sucks for our cars.
I paid $60K for my 2012 Audi S5 Cab and just recently sold it for $42K as a private sale. Trade-in value was probably going to be around $34K due to S5 sales dropping like a brick. You got a fantastic trade-in and either the dealer was desperate or they didn't discount the car you purchased as much.
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