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Its a old sales trick, to offer more for the trade than its worth.
The only way to understand your deal is to :
1)look at the sales price of the MDX and the BMW. I would consider the profit above sticker price.
2) Look at the whole sale price of your existing X5 and what the two dealers are offering.
I am not saying that you got a bad deal just that the information you presented does not give a clear answer.
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