R56 Used & Trade in value
#1
Used & Trade in value
Anyone know if kbb is accurate on R56 values right now?
I'm looking at trading in my 2007 R56, 13,000 miles, premium, sport, coldweather, xeons, lsd, kbb puts retail value at 26,140 in excellent condition, sense mine has had a door and fender replaced I think it hits good but body work, at 24,700 $
there's 0 hardtop manual coopers within 100 miles on autotrader, there's a couple auto's though
I had one dealer offer me 17,000, I took that as an insult, KBB values it at 20,000 $ trade in, at the lowest quality setting, fair value, blemishes, and 23,725 $ in perfect condition
I'm either getting an alpine white 135i sport/premium, or waiting on a 2010 camaro SS, it really depends on the bmw dealers, I have to keep my payment under 750 $ per month, if they cant do it, then I'm gonna wait for a camaro this spring
I'm looking at trading in my 2007 R56, 13,000 miles, premium, sport, coldweather, xeons, lsd, kbb puts retail value at 26,140 in excellent condition, sense mine has had a door and fender replaced I think it hits good but body work, at 24,700 $
there's 0 hardtop manual coopers within 100 miles on autotrader, there's a couple auto's though
I had one dealer offer me 17,000, I took that as an insult, KBB values it at 20,000 $ trade in, at the lowest quality setting, fair value, blemishes, and 23,725 $ in perfect condition
I'm either getting an alpine white 135i sport/premium, or waiting on a 2010 camaro SS, it really depends on the bmw dealers, I have to keep my payment under 750 $ per month, if they cant do it, then I'm gonna wait for a camaro this spring
#3
#5
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The general rule here is: the fewer used MINIs on a lot, the higher the trade value should be. used cars are a dealership's numero uno money maker. shop around.
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I would be in complete if a stock Camaro came even close to the handling of a stock 135i. If I were going to buy a non-M BMW, the 135i would be my pick.
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#8
http://www.autoblog.com/2008/07/22/c...-ring-in-8-20/
8:20
the e46 M3 took 8:22, Lotus Exige S and Porsche Cayman S 8:25
it's no slouch on the track
#9
I know one thing if I saw a used 07S on the lot for 29k, I would just order a new one. It would have to be at least 29k if the dealer gave you 26k for it. Your best bet of getting anywhere near 26k for your car is private sale, it is just about 2 years old now, going by model year. The 09s will be out soon.
#10
I dunno, the camaro SS did pretty good at the ring
http://www.autoblog.com/2008/07/22/c...-ring-in-8-20/
8:20
the e46 M3 took 8:22, Lotus Exige S and Porsche Cayman S 8:25
it's no slouch on the track
http://www.autoblog.com/2008/07/22/c...-ring-in-8-20/
8:20
the e46 M3 took 8:22, Lotus Exige S and Porsche Cayman S 8:25
it's no slouch on the track
I'm not real impressed by American cars anymore, except maybe the Z06, and I'd still buy an M3 over that any day of the week.
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I know one thing if I saw a used 07S on the lot for 29k, I would just order a new one. It would have to be at least 29k if the dealer gave you 26k for it. Your best bet of getting anywhere near 26k for your car is private sale, it is just about 2 years old now, going by model year. The 09s will be out soon.
not 17,000 !
#13
A lot of dealers are using "Galves" for their trade-in value...that's an auction price (much lower than Kelly's trade-in value.) When I went to Keeler Mini in Albany, NY, that's what they were using. They offered me about $9k for my 2005 Mazda3, with 27,000 miles on it. I sold it myself for $11,500 and made $2400 above what I owed on that lease. Never trade if you can help it!!
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If selling price is $800 over invoice with no money factor or acquisition fee increases, with 58% residual (36 months at 12k miles/year) at .0027 MF with $625 acquisition fee and $0 down, you're looking at ~$635/month assuming a 5% tax rate. If you put down max MSD's, you're looking at $602/month. If you take out a couple of those options, you're right around $560 like I said. Why not do a European Delivery and get it down even more?
#21
I understand about the weight issue. What you need to understand is american made muscle cars usually dyno very close to their crank hp. My stang weighs around 3800 lbs and dyno'd 289 on a mustang dyno, after a retune cold air axel back and high flow cats im at almost 330 hp to the wheels and 330 lbs of tq. Those mods and my 3.73 gears and short throw gets me into the 12.7s and 12.8s. The camaro is going to be high 300s low 400s to the wheels and only 100 lbs more I can't see the 135 being in the same ballpark of a car that breaks 12.5 stock maybe as low as 12.2 12.3.
#22
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100% disagree. It depends on the market, the timing, and the dealer's price. My dealer pulled thru very well, and I decided to do this because Rodney was a problem car, and I hate trying to ps problem cars, been there done that The tax benefit is another great deal, almost a thou alone there towards Syd B.
I think right now anyone that takes a well-cared-for low mileage OEM MINI that could be sold as CPO to a used-car-starved dealership (Desert MINI in Vegas for one) would be given offers def worth consideration. As oil goes up, so does the MINI's utility, ergo its value
The market, not kbb or nada, seems to drive MINI sales.
I think right now anyone that takes a well-cared-for low mileage OEM MINI that could be sold as CPO to a used-car-starved dealership (Desert MINI in Vegas for one) would be given offers def worth consideration. As oil goes up, so does the MINI's utility, ergo its value
The market, not kbb or nada, seems to drive MINI sales.
Last edited by sequence; 08-01-2008 at 01:53 PM.
#23
If selling price is $800 over invoice with no money factor or acquisition fee increases, with 58% residual (36 months at 12k miles/year) at .0027 MF with $625 acquisition fee and $0 down, you're looking at ~$635/month assuming a 5% tax rate. If you put down max MSD's, you're looking at $602/month. If you take out a couple of those options, you're right around $560 like I said. Why not do a European Delivery and get it down even more?
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#25
Apex speeds are far more interesting and fun than straight line speed. When I track my car I think of the front straight as that boring bit that gets me back to the good bits.