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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > New & Preowned BMW Ordering / Pricing / Tracking Information Forum (including European Delivery) > Huge variation in trade in prices vs. for-sale prices?



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      03-31-2016, 03:32 PM   #1
Versipellis
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Huge variation in trade in prices vs. for-sale prices?

I'm looking to sell my LCI 2009 E90 328i xDrive (Premium, Cold Weather, 35k-ish miles, only some cosmetic damages) later this year. I got a quote from one of the bigger BMW dealerships here (I think it's their main one) for around $12k to $13k. This matches up to what I'm seeing on NADA Guides pretty well, but when I look on Autotrader, and a bunch of other car sales sites, I'm seeing similarly-specced cars with higher mileage (usually around 50k or 60k) going for $22k. I'd assume that my car would be worth selling for slightly more than that, which is a huge variance from what the dealer quoted me.

Am I being low-balled on the quote by this dealer/should I try other dealers, or should I try selling on my own (and if so, what price range should I be trying for?)
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      04-04-2016, 03:36 PM   #2
hgtran21
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trade in value is always alot lower.. so they can recondition and resell for more.
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      04-04-2016, 04:33 PM   #3
B.M.W.
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Try reselling your car for about 2 months. The dealer's giving you about $1000 less (or even less) than they would buy the car for at a Dealer Auction.
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      04-04-2016, 05:10 PM   #4
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Quote:
Originally Posted by hgtran21 View Post
trade in value is always alot lower.. so they can recondition and resell for more.
Makes sense.

Quote:
Originally Posted by B.M.W. View Post
Try reselling your car for about 2 months. The dealer's giving you about $1000 less (or even less) than they would buy the car for at a Dealer Auction.
What do you mean about 2 months? As in shop it around different dealers for 2 months or resell on my own?
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