I hope no one is planning on trading in their M5 soon

[AWF10M5]

was seriously considering trading in the M5 and keeping both RRs instead when they offered me 26k for my M5.

I went to BMW too after and they were right around there.

This is for a fully loaded 13 aw/so, low miles, excellent condition/no paintwork car, new tires/brakes (no recondition needed)

Do you guys think the values for these cars will bottom out around 20k-25k the next 2 years? Or will it continue to drop into the teens ? I barely see any E60 M5 examples out there for under 15k so the F10 price shocked me a little.

Luckily I love the car and it was just a thought but still

[core22]

Surprised to hear of such low $ figures - just this past May I received $40k in trade-in on my 2013 M5

[AWF10M5]

40k is great. What were the miles and specs?

In 2017 I bought a 2013 m5 from Porsche dealer for 37k with 48k miles. Was a base car but had b/o sound.

In early 18 I bought my current 2013 m5 from bmw for 42k with 55k miles but my favorite color combo/options.

I was thinking to get 32k at least

[core22]

Alpine white with extended black Merino. 33k miles. Pretty much everything except B&O, CCB, and night vision. It included that they remove my AWE exhaust and install the OEM setup, so they added it to the 'we owe you' paperwork. Traded toward a CPO 2015 comp pack, pretty much same specs but it included night vision, for $60k. Probably the smoothest trade-in I've done.

[WickedBMW]

2015 M5 trade-in values are anywhere from 43k to 48k.

[luv135i]

Originally Posted by AWF10M5

I was at the jaguar dealer working a deal on a newer RR and was seriously considering trading in the M5 and keeping both RRs instead when they offered me 26k for my M5.

I went to BMW too after and they were right around there.

This is for a fully loaded 13 aw/so, low miles, excellent condition/no paintwork car, new tires/brakes (no recondition needed)

Do you guys think the values for these cars will bottom out around 20k-25k the next 2 years? Or will it continue to drop into the teens ? I barely see any E60 M5 examples out there for under 15k so the F10 price shocked me a little.

Luckily I love the car and it was just a thought but still

Well 2013s are selling in the low to mid 30s with 50k miles here so tradein offers in the 20s should be expected.

[RPiM5]

Dealers go by Blackbook pricing and will always give you way under what the vehicle is worth for a private sell. A 2013 M5 with lower mileage should still be about mid-30's on the used market. Dealers always want to maximize their profits. My advice, never trade in, always have more patience to sell privately, unless you really just don't care to save money.

[94jedi]

Remember the dealer has to build in profit as RPiM5 above mentioned. Still, 13's are the bottom of the barrel for the F10 M5's. I'm in the market for a 2014 CP and all I seem to find are 13's in the 34-38k range. 14's are still $40k + at this time. I'm hoping that comes down under $40 this spring when I will get serious about my search.

[AWF10M5]

I always trade in because the tax difference savings is great (tax in ny almost 9%).

Private selling gets you more cash but at the end taxes eat it so ends up being same vs trading in and paying less tax

[boots]

I'm keeping mine. I'd be the worst boned person in the world if I traded it. with 127k miles I'm lucky to get 5 dollars. lol

[SapphireM5]

Originally Posted by boots

I'm keeping mine. I'd be the worst boned person in the world if I traded it. with 127k miles I'm lucky to get 5 dollars. lol

I agree, mine has 8500 miles and is like new. I love the car and honestly why get rid of it to take a huge loss. I would rather keep it and enjoy it than trade it in for 1/2 of what I paid for her. No matter what you buy you are going to take a hit on it, just enjoy them and don't worry.

[RPiM5]

Originally Posted by boots

I'm keeping mine. I'd be the worst boned person in the world if I traded it. with 127k miles I'm lucky to get 5 dollars. lol

Lol! Maybe $6 dollars, but I know what you mean. I'm almost at 84,000 miles now. So maybe mine is worth $10 dollars.

[boots]

they got to give you at least 20 for having one of the nicest engine bays I've seen.

[AWF10M5]

The values should even out in a few years. A friend of mine traded a high mileage 2008 6 speed base m3 for a m4 and got $20k for trade.

In general though going by MMR (auction) values the m3 hold more value than m5. 08 e60 m5 with the same mileage as that m3 going for $7k cheaper.

[M5Rick]

If you hang on to what you've got much longer then residuals would be higher with a depleted M5 supply.

[Rated M Roadster]

Recent Manheim transactions; 26k isn't the real value, they were under-allowing a couple thousand on you:

[AWF10M5]

Wow that 13 with 100k miles sold for 18.5k. A steal for the car to money ratio.

[boots]

to me its a tragic RIP off.

[FenixMike]

As someone who buys/sells/trades a lot of cars, and always demands to see the recon receipts (work done in recondition to make the car "sellable"), often there can be bills upwards of $3,000 with tires, maintenance, repairs, interior cleaning and parts replacement, and other times its a car wash, inspection and an oil change. Put that on top of the fact that luxury cars are in the toilet and SUVs/Trucks are in the "now", and you have some piss poor trade in values for us. A lot depends on the dealer as well, but every CPO BMW ive bought always had new tires, a long list of maintenance done to it (plugs, brake flush, oil services etc), and often some touch up work and/or a windshield in it as well.

Private party is the best place for a car like ours unless either you really need to get out of it, or like others have said, the offset is matched by a benefit such as tax credit on a new vehicle. Tax here is 7.5-9.5% depending on which city youre in, so trading in a car you get a 40K trade in value can save you near $4000 if youre buying a similar priced car, well offsetting the 2-3K back of where you wanted to be. Unfortunately if they offered 20K on a car that books for likely 28-30K private party, thats a substantial difference and hard to swallow unless you just want out of it .

[M5Rick]

To maintain maximum residuals owners have to stick to a no nonsense firm sale price keeping in mind the desirability of the vehicle and the buyers 'want' for such a car.
Ignoring the usual 'I can get another one cheaper' utterings tell them to go ahead and get another one and hey what do you know, our cars are worth more.

[Chauncey.Bishop]

I don't care if it's double or triple what i paid, I'll never get rid of this car