Today I got an appraisal for my 01 X5

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In need of a bigger car I went to a Carmax place, looked at some cars and had my car appraised. It was a guy spinning a few times around the car, checking everything in and out. At one point he comes back smiling. He said "Mr.xxxx we can offer you $7k for your car". I was about to fall off my chair (I was in an office with some big windows that I could see outside).
7K for a 2001 X5 with 98k, premium sound, premium package, privacy windows and almost perfect? I asked the guy what if I come back in one year for a new appraisal will he offer me $3k? His reply was "if you're lucky". In the end I decided to drive it until it breaks in half and ask my wife to lose some weight (she has 100 pounds) and to stop complaining about the tide space on the rear seat when she stays with our kids.