I have a 325e - 1984 with 145K miles on it. 2.7 l 6 cylinder of
course. Sunroof, electric windows, racing seats, 3-spoke steering
wheel, 5 speed, 16" BBS wheels, 'ground effects on sides, front and
back cowling, red with black interior. Only thing that's really wrong
is the AC doesn't work ... in the 8 years i've owned her. I just need
The first car place i went offered me $1,500 trade in toward one of
their cars. Is this fair ? Should i try to sell it myself ?
There is almost no market for used cars, since everyone is selling
new cars for far under MSRP (except for BMW :( )
IMO, you are always better selling a used car yourself, unless you
don't want the hassle and are willing to pay 50% the cost of your
used car for no hassle.
I'm guessing he wanted to know because it affects the price calculation.
To answer your original question, yes what the dealer offered you was
fair. You get wholesale. He marks it up and gets retail. He has to
make money or he should just stay home.
And, yes you should sell the car yourself if you are so inclined. You
should be able to get somewhere between wholesale and retail in a
private sale. But it may not be worth the hassle to you.
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