Originally Posted by willrwilli

Okay here is the scoop. To make a long story short, I am someone who was caught up in the 1 Source Auto Warranty situation. I have a 2001 X-5 3.0 with 86K on it. When I bought it I knew I needed an extended warranty because of the cost of repair. Since 1 Source went out of business I am now out of $3000.00, and have a big monthly payment on a vehicle with no warranty. My solution was to bite the bullet, and get a newer CPO X-5 or even a new one. The problem is I am getting killied on the value of this X-5. I am getting numbers from 12,000.00 to 15,000 for trade in value. Obviously I owe more than that on the vehicle. Is anyone else dealing with this? I am hearing that gas prices have hurt value, but if that is the case I can't see spending 50K on a new one if the value is just going to spiral down hill. My X-5 is well equipped (no navigation system) and is in mint condition. What do you folks think I should do?