I am just completely disappointed at how much my 5 month old 2008 G37S with 2,364 miles has been depreciated just on 5 month (Pay $45,300). My car has all the upgrade including 4 wheel steer , laser cruise control, Navigation, oem spoiler, etc....
Today I went to trade my car for a new M3 at my local BMW dealer. After test drive the M3 and start negotiating the price of the car the dealer offer me only $33,000 for a perfect fully loaded G37S. What happen to the value of my G37S????

 

Did you check bluebook or the other "books?" A dealership is not going to offer the best price for a trade in.

 

The dealer quote was idiotic. Go to Car Max and you'll get a better idea of it worth. Of course it depreciated the most during the first year, but that sounds severe.

 

ummm sell it yourself in a private sale. Of course the dealer is going to lowball you!

 

its a common thing for dealers to extremely lowball on trade-ins

 

^^ what they said.
Don't blame it on the G.
Trade-in values always SUCK!
I'm pretty sure bluebook value is way more than that.

 

Not to be an azz...But were you born yesterday? Everyone knows that the dealerships are going to offer you about 5-6k less then what you can get on the private market...

For my 04 G35 coupe I was offered 15k from the dealership and I sold for 20k at private party...Dont be lazy and shop it around...The dealership realizes your in a hurry to jump into a brand new M3 so they lowball you knowing you'll probably just take the offer they give ya...

 

Can someone put the bluebook value on this thread for this guy and also whatever other "books" out there that give you resale value?

 

45k for a fully loaded g is too much, is it? i say put like 2-4k on it. so, it should really cost around 35k-36k

 

They totally low balled on this one. The car was just got the award for holding it's value.

I agree though, $45k was wayyy too much.

 

Nothing. You used the dealership quote as a measure of the true value to your car, that's what happened.
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Have they even listed bluebook values yet?

 

Not surprised to hear that the BMW dealer low balled you.
BMW fans and G fans seem to polar opposites, maybe they didn't want the G on their used car lot. (might show them up)

 

what you don't understand is that the g37 isn't even in the books yet so the dealers obiously are going to take advantage of this. they could by the car for about 38k and want to lowball you so they can make the most amount of money since they don't even know if the car will sell if they by it from you for 33,000 and sell it at like 36-37k. it's a used car and people would rather by a new one for a little more so the dealer is taking a chance. so sell it privately and then approach a dealer. i got offered 35K for a trade in at bmw. gluck

 

i'm completely disappointed at the failure of this thread.

good luck with the M3 though, it's a sweet looking car.