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View Poll Results: How much can Kirk sell his X5 for?
$85,000 2 11.11%
$80,000 0 0%
$75,000 3 16.67%
$70,000 3 16.67%
$65,000 11 61.11%
Multiple Choice Poll. Voters: 18. You may not vote on this poll

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  #1  
Old 08-18-2005, 02:59 AM
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Selling my X5 question

I really want a piece of the new 550 before the M5 comes out...this puts me in the position to sell the X5 now, drive the 330 as a beater and enjoy the 550.
I really want to keep the X5 but I'm not rich, can't have 3 car payments!!! How much do yall think I can get for my X5....It's got NAV and retractable cargo floor, heated seats, pdc, and integrated BMW phone.

2003 X5 4.6is - 45k miles / warranty good until 12/2006 or 50k miles
Dinan S3 w/ supercharger - $22,000 (less than 30 of those were installed)
Dinan Strut Tower Bar - $650
BMW Running Sideboards - $650
BMW M Steering Wheel - $550
BMW Underride Guard - $650
Custom Angel Eyes Clear Headlight set - $1500
Brembo GT Kit (380 front, 8 pistons / 345 rear, 4 pistons) - $7,500
Eisenmann Race Exhaust - $2,200
MISC Front Tint and Clear Bra on Headlights and money spent initially on S2 package (about $3500) + BMW integrated phone.

At face value for mods (which on pretty much all of them, are less than 1 year old), i come up with $36k. The KBB on the X5 is about $50k. Discounting (or not discounting?) for the mods at 60% gives me a value of $72k for the X5...what yall think should be the right price for the X5?

Last edited by kirkX5m; 08-18-2005 at 03:27 AM.

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  #2  
Old 08-18-2005, 06:33 AM
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Many different things to consider when selling any vehicle..

1) Location-How many "other" X5's are there, or are available in your area? The less there are, the more $$$ you get.

2) How "feasible" are the mods on it? I mean, a 40 year old soccer mom, (who by the way are very popular drivers on X5's) might not give a sh(* about a supercharger, but will pay a million bucks for running boards.

3)and most importantly, APPEARANCE!! The #1 reason cars sell. Impulse. I dont care how well you normally detail your car, but when sellin, it must be in immaculate condition. I would say way more than half of used car sales are a result of first impressions...

having said all that, you ALWAYS want to start high. And be PROUD of the price. Put a sign on the window with HUGE numbers stating the price. Even put up the printed sheet from KBB. The less covert your price, the easier to sell. I never have a car for sale more than 2 weeks before I move it. Basically, if you have a good product, it will sell itself...Lets see a pic!...
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  #3  
Old 08-18-2005, 09:21 AM
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MODs once installed you lose half the value

From my custom experiences tricking out a Harley Softail Duece and now a Fatboy. The money that is spent on changing a stock vehicle to one that is to your liking and specifications you will generally never see that money back. Period. I figure I will spend it on something anyway.

Even if it makes it prettier, faster, handle, more comfortable whatever. Joe public does not know the difference between 3.0, 4.4, or 4.8. So what I am getting at is a special vehicle greatly deminishes the potential buyers for the vehicle and as we all now with the laws of supply and demand that is going to affect your pricing. Your SAV is worth what someone is willing to pay for it. One of my buddies who turned me on to the X5, purchased his just four months ago, a 2000 4.4i Dinan stage 3 for $25,900 with 69K on it. The seller, a doctor, had it up for 7 months and had three phone calls. Original asking price was $31,500.

When you start talking serious loot like $50K plus for a used vehicle that is no longer stock your potential customer base is very small. If your not desperate to sell and you can get it exposed to the right people who know what they are looking at the chance for making a transaction in your desired amount increases a great deal. But hey....if I had an extra 50K burning a hole in my pocket I would fork it over...nice truck dude!
  #4  
Old 08-18-2005, 09:26 AM
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From my experience I think you're very optimistic about the price. One of the issues with having a Dinan car is that you (or a BMW dealer) won't be able to CPO it.... Dinan has offered CPO via selected Dinan/BMW dealers but I haven not find any reference to it recently.
4.6 prices have fallen quite a bit and 03 models have sold for low 50s , I also would caution you not to expect a lot of money to regain from the mods.

- Jan
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  #5  
Old 08-18-2005, 09:59 AM
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Maybe $60k if you are real lucky
  #6  
Old 08-18-2005, 11:02 AM
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u mite want to remove all your mods then sell the x5 as stock again, ull get more selling the mod by them self... but good luck... sorry but u never get back what u put in
  #7  
Old 08-18-2005, 12:31 PM
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Quote:
Originally Posted by sdogg888
u mite want to remove all your mods then sell the x5 as stock again, ull get more selling the mod by them self... but good luck... sorry but u never get back what u put in
taking the modes apart and replace them with the stocks can most likely help you gain some bucks than just selling as is. Just a suggestion, good luck!
  #8  
Old 08-18-2005, 12:32 PM
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Talking

thats what i thought....all things considered, and only having about 10k left i owe to bmw on the x5, i mite just keep it in the end and move on w/ the next car....
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  #9  
Old 08-18-2005, 01:59 PM
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Remove your mods....if your still going to sell.

Tell you what...remove the M wheel....running boards....underride guard. I will offer you .60 on the dollar sight unseen.
  #10  
Old 08-18-2005, 02:11 PM
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$60K - not a lot of folks going to pay over that if they can get a 4.8is new for $70K. there may be someone out there that does not agree, it is just a matter of finding that person and getting the deal in front of them. I agree that this could take some time.
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