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  #1  
Old 12-11-2012, 05:40 PM
lynx1911 lynx1911 is offline
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Location: Kentucky
 
Join Date: May 2011
Posts: 6
Mein Auto: 550 i xdrive
Selling 550 2011, Question

I am selling 2011 550 xdrive . I will likely take it to dealer. How do I know if their offer is fair. I have recieved 2 so far. 47k and 48,500. Less than 20k miles. Great condition.
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  #2  
Old 12-11-2012, 07:15 PM
ddk632 ddk632 is offline
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Location: South Florida
 
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Posts: 227
Mein Auto: 2013 BMW X6M
Take it to CarMax and see what they offer, if one is in your area.
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  #3  
Old 12-12-2012, 12:42 AM
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dkreidel dkreidel is offline
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Location: OC CA + Bear Country Montana
 
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Mein Auto: BMWs
Quote:
Originally Posted by ddk632 View Post
take it to carmax and see what they offer, if one is in your area.
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  #4  
Old 12-12-2012, 05:23 AM
gpburdell gpburdell is offline
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Location: Atlanta
 
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Mein Auto: 2010 335i Cabrio
Use carmax as a baseline for "take no less than"

You can also go onto autotrader.com and get a quote to sell the car; another measure to use vs. what the dealers offer.

Are you buying another car, or soley getting rid of this one? If buying another one, be sure to check the sales tax implications of trading vs. selling separately. In some states the sales tax owed on the car you buy is reduced if you're trading. i.e. a $30,000 trade in value would reduce the sales tax by $2,400 if your rate is 8%
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  #5  
Old 12-12-2012, 07:24 AM
Syntax Syntax is offline
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Location: NJ
 
Join Date: May 2010
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Mein Auto: 12 991,11 X5 35d,05 CTT
In the northeast the Trade uses a publication called "Galves" to get pricing on used cars. It is a true "Blue Book" unlike NADA, Kelly etc. and the prices reflect what cars are going for at auction. Not sure how well it relates to your area, though.
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