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BMW don’t retain the expected value! Help!
Hello,
I have 07 335xi, premium/sports package and it’s my second 3 series.
Very rough ride for my kids, I’m entertaining the idea to go for the new facelift instead, I have owners choice and trade in would be a viable option.
I contacted my CA and he gave me a lecture about the current economy, etc and the car wouldn’t retain value, I see the same spec for sale –pre owned- goes from 49-50K (Canadian) online, he’s offering 36K for the trade in, it’s a big surprise for me that the car would lose 40% in the first year!
This means it’s way better to do a lease now, it’s less expensive to get out of a lease, even with extra mileage than finance.
Suggestions, anyone encountered such a situation and have an experience selling the car outside the dealership in Canada, it’s a bit of a risk to do such a transaction outside the dealership.
All the help appreciated.
Thanks
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