[dlwhite]

I have received 2 separate promos from BMW, one 12/2007 and one this month.
Each one offers to buy back my 2007 car at fair market value towards purchase of a new 2008 at my original dealership.

Are they having trouble moving 2008s or is there some secret hidden value to the 07s?

Cheers..

DLW

[sparkyg]

Probably a bunch of Canucks want to buy '07 cars to save $15k, the dealership is more than willing to help out

[cycler]

I dont think they will actually give you fair market price for your car. They might give you fair market price for a trade in. Anyway you slice and dice you are better off selling the car on your own. Ill even play devils advocate here, even if they do give you true fair market value for your car, do you really think they will discount the car for the way they would for someone without a trade in. Or will they give you the true money factor or true residual. Unless you come in there knowing full well what the MF is and residual is they will rape your ass. F*(&kin dealers and their bullshit promos

[PoweredByRICE]

Trading a 2007 for a 2008 = taking a depreciation hit.

Usually dealers idea of "fair market value" is wholesale on your car and retail on the other end

[dlwhite]

It must work for them!
I am holding on until I can put antique plates on mine!

[luckyD]

fair market price comes from "GALVES" its proce booklet that gets updated every 2 weeks problem is that from 2007 bmws almost non are there becouse there is so few of them at the auctions so who knows what fair price is dealers will be trying to low ball you

[cycler]

I think your better off selling it on your own and then jumping into a new BMW. Unless you dont mind bending over for the dealer and letting him stick you. But Im not one to judge.

[IrvRobinson]

If you didn't buy it originally as an ED and want to sell it,try privately first,then get a number from Car Max ( to keep your dealer honest )

[John 070]

What's messed up is if I go to kbb.com, trade-in is only 3k less than I paid. It doesn't take a genius to know that a 335 loses 6-8k as soon as you drive it off the lot...