I think that seems fair. I unloaded a 2002 4.4i sport package with 130,000 miles for $10,700 towards the end of 2011. It was in pretty good shape and well optioned. I had it listed on Autotrader, here, BMW CCA and of all places, it sold through Craigslist. I had an earlier offer of $11,500, but couldn't get the title fast enough for that buyer.

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Profeshenal spellar