Quote:
Originally Posted by e36bmer
people can't sell them at dealers and will be offered a $5k lower trade-in. So, they'll list them on autotrader and the like for similar prices to what the low trade in is so they can get their new vehicles. Looks like the prices could drop temporarily if you know what to look for.
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I see it the opposite way:
Franchised BMW dealers can't sell at the auctions or at the retail level. BMWFS can't sell their lease returns ...
Result: availability is constraint for the time being.
Private sellers should be able to take advantage of this, because limited supply should keep the prices steady, or even increase.
I ran a Manheim check today: out of the 193 e70 LCI X5 (2011 - 2013: 35i, 35d and 50i) listings, three were BMW dealer listings and one was listed by BMWFS Canada. Very unusual.
Yet, the BMW USA CPO website shows over 190 e70 X5's for sale throughout the country in their dealer network.
Could be that the system hasn't been purged yet ...