Purchase or Pass?

[texvette]

Originally Posted by Socale39

If such an upside, be nice if held there trade value.
Sent an online quote estimate. My 13, 11,000 mile diesel
offer was under half what paid. Appraiser for dealer sent
a note saying the diesel was not as desirable. as 3.5i or V8.

They have all the repair records, which probably figured into the estimate.

Actually they do hold their value, more so than the V8 or 35i. I've spent months looking for the right diesel and can tell you I could have easily picked up a M Sport 35i or 50i within my budget or below. Not to mention this is real world research not some online KBB or similar service telling you values. A couple years ago when diesel was more expensive than premium it really wasn't beneficial but today those numbers are drastically different and diesels are in fact becoming more desirable.

My wife and I just did a road trip to Zion and Bryce. We took our 08 civic 2dr and got a solid 34 mpg. Very respectable. Being in the mutual fund business I wanted to do some number analysis and compare total fuel costs of the civic vs a diesel X5 and guess what, costs were nearly exactly the same. Don't know about you but if I can drive a large and comfortable 5200lb X5 for the same cost of a civic, I'm going to choose the X5.

I think the problem here is you have bad information and have since developed an opinion based on that information. I think if you did the extensive amount of research I have done or just watched the market for a month, you'd have a different opinion.[/QUOTE]

The main thing -- Where a person is located. Gas is cheaper here
always has been compared to diesel. Diesel in the passenger field
is F250, duramax and cummins. Farm/ranch trucks. You see few diesel
cars. They don't make sense for the extra cost. On the road the best
my X will do is 21-22 mpg. The dealer ran an diagnostic and no codes
or problems are coming back even after performed repairs on the
diesel emission. Nothing more can do till code shows up. Just like gas
motors some do better than others.

So they will low ball yes, but when no market for
the vehicle why would they take a risk. They have the means to
trade within there network and could maybe transport the SUV to a
more desirable location. When brought the vehicle, salesman said
they had to take on a dealer swap. Lookers but no takers. I did
because they had a large diesel credit applied. Now its not such a
good deal. This dealer will send out emails every so often if interested
in trading. It may be KBB or Black Book ?? but the reply comes back
from the dealership. LOL my X has been in enough they know what
it looks like.

So where your located, diesel makes sense, here its as if
running on coal. The repair hassle is a killer.