X5M Trade in / Personal Sale Value

[hsc1102]

Trying to brace myself before I am floored, I have to upsize to a bigger SUV as my family keeps expanding. I have a 4yr old and twins on the way.

What is everyone getting in terms of offers from dealers for a trade in or a personal sale to another individual.

All input is welcome, and detail around year/mileage at time of trade in/sale would be even better.

Thanks and look forward to the input.

[badge1]

I'll flip it around on you. What are the details on yours and we can work from there

[mleun481]

I have a 2013 X5M fully loaded except for rear entertainment with 17k miles. Was offered $48k from Jaguar. Was considering new F-Pace, but changed my mind.

[hsc1102]

Originally Posted by badge1

I'll flip it around on you. What are the details on yours and we can work from there

Guess that would help...

2010 X5M currently with ~75k miles and slowing increasing, no major mods to note.

[hsc1102]

Originally Posted by mleun481

I have a 2013 X5M fully loaded except for rear entertainment with 17k miles. Was offered $48k from Jaguar. Was considering new F-Pace, but changed my mind.

Wow, that seems really low especially with the year/mileage you have...

[RustyX5M]

Originally Posted by hsc1102

Wow, that seems really low especially with the year/mileage you have...

That actually seems really good unfortunately, especially for trade in. I wouldn't expect much more...

I'd think low 40s for a really good condition mid miles car. ...Maybe even high 30s for trade in. Remember they've got to make some money off it and they aren't selling for much more.

[jiggz]

Originally Posted by hsc1102

Guess that would help...

2010 X5M currently with ~75k miles and slowing increasing, no major mods to note.

I don't know what part of the country you live and packaging specifics, but Edmunds.com shows a dealer trade in of roughly 25K for a 2010 X5M w/ 75K miles. Zip code was a Seattle area zip - not sure how much difference that makes. I noted condition as 'clean' and picked most of the options available, but 25K should be ballpark.

It's depressing how quickly these X5's plummet in value.

[badge1]

Originally Posted by jiggz

I don't know what part of the country you live and packaging specifics, but Edmunds.com shows a dealer trade in of roughly 25K for a 2010 X5M w/ 75K miles. Zip code was a Seattle area zip - not sure how much difference that makes. I noted condition as 'clean' and picked most of the options available, but 25K should be ballpark.

It's depressing how quickly these X5's plummet in value.

They do seem to have fallen quickly but I have to think we are at a floor here. You start to get to break-up value of the vehicle at that point!

[jiggz]

Originally Posted by badge1

They do seem to have fallen quickly but I have to think we are at a floor here. You start to get to break-up value of the vehicle at that point!

You think? I see E53 X5's regularly in the 7-12K range...ours will be there eventually

[badge1]

Originally Posted by jiggz

You think? I see E53 X5's regularly in the 7-12K range...ours will be there eventually

Those aren't 555 HP ///M's though.

[frankenm]

KBB says my 2012 is good for a 28-32k trade-in value ... GTFO ... trade-in and resale values are nothing now.

Values have dropped a lot in the last year since I bought mine last September, cheapest 2010 I could find was around $32k with most fetching $38k+

Now there is a 2010 with 122k miles going for only $25k right now ... honestly makes me wish I waited a year and saved $15k.

Really disappointing values on these M's because of the stupid high repair costs ... hopefully they keep their value and are worth more than 10k in 10 years ...

[mefferso]

Originally Posted by frankenm

Really disappointing values on these M's because of the stupid high repair costs ... hopefully they keep their value and are worth more than 10k in 10 years ...

At some point they've got to become "Classic Muscle SUV's" and begin to increase in value....right?!?!?

[Cattivo]

Originally Posted by jiggz

You think? I see E53 X5's regularly in the 7-12K range...ours will be there eventually

Our E70 X5/X5M's will be as common as an E90/92 328 unfortunately due to the value of these SAV's dropping significantly

[Cattivo]

Originally Posted by mefferso

At some point they've got to become "Classic Muscle SUV's" and begin to increase in value....right?!?!?

LOL, I wish! sadly these will not be equivalent to an E30 M3

[Dr.Duct_Mossburg]

Yeah... the value on these things has completely shit the bed.

[hsc1102]

Wow, I should have never started this thread... how depressing.

[SakM_5]

looks like a 10 with 75k miles trade in is 23-25k

[frankenm]

Maybe in 20 years there will be such a limited supply of properly maintained trucks they will increase in value???

I'm sure once these are proven reliable with trucks still running 10 years from now they will still have value if properly maintained and in good condition.

If anything the engine in this monster is worth some money

[mefferso]

Originally Posted by Dr.Duct_Mossburg

Yeah... the value on these things has completely shit the bed.

Tell me about it. My 335d has dropped $3k since the last time I looked early summer according to NADA

[BrunoT]

Originally Posted by hsc1102

Trying to brace myself before I am floored, I have to upsize to a bigger SUV as my family keeps expanding. I have a 4yr old and twins on the way.

What is everyone getting in terms of offers from dealers for a trade in or a personal sale to another individual.

All input is welcome, and detail around year/mileage at time of trade in/sale would be even better.

Thanks and look forward to the input.

Check KBB.

Check advertised prices for 2010 used and subtract 3-4K for trade in at BMW dealer. Maybe 1K less elsewhere.

Figure your personal sale price to be roughly 5% higher than trade-in. However, not a lot of people like to shop for vehicles this expensive via private sale, so it may take a while. They find the ease of financing and getting warranties at dealerships worth paying more for. Plus the fraud these days is crazy, so be careful with the form of payment.

You may be able to find someone who can show you wholesale auction values of similar vehicles, though I don't know where.

Higher mileage expensive-to-fix/horrendous to replace engines probably scare some people away.

Where you trade matters. An Audi dealer could sell your BMW easier than a Ford dealer, for example.

Variables such as if it has any warranty period left, or how much, matter, as they can sell it easier with 9 months warranty left than none.

Rare high perf. versions may baffle some other brand dealers, they don't know what to make of it.

Be aware that prices fell this fall as the 2017 models came out, making yours a model year older. I was pricing 2013 X5 35i SAV's. They were low-mid 40's this summer, but I got a very clean one with no trips in for service ever and the airbag already replaced for $37K last week with 35K miles, 20" wheels, conv, and cold weather packages. CPO, and a late model year one, so it still has a year of full warranty on it plus 2 more of CPO.

Ultimately, shop around. And if you're a low mileage user I would definitely consider CPO on the replacement vehicle to take the sting out.

[Creamo3]

I'm currently looking to trade-in and was quoted the following for my 2012 loaded except rear seat entertainment w/ 44,500 miles. I thought the first owner took a huge hit (~50%), but I'm going to take it in the shorts as well

Toyota Dealer #1: ~$34,000 without seeing the car
Toyota Dealer #2: ~$35,000 without seeing the car (I'm friends with sales manager though)

Carmax: $33,000

[mirob]

Seems like the larger the vehicle in terms of size and price the harder the depreciation hit. F10/12 M5/6 depreciate a lot faster than F80/82 M3/4.

The Average Joe doesn't want to pay premium for a high powered SUV because he doesn't have a need for one. It's a niche market.