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-   -   Are you keeping the e53? (https://xoutpost.com/bmw-sav-forums/x5-e53-forum/35212-you-keeping-e53.html)

Boston X5 4.4 08-07-2007 10:42 AM
Quote:
Originally Posted by Wagner
Prices are BLOWING on E53's big time. My neighbor is a wholesaler and the black book on a 2004 E53 4.4 (my old one) was $28000-$28500. Here are the three quotes we received from trade in (which is basically a call to a wholesaler)

- $25,000
- $25,500
- $27,000 <-- and this guy was hoping we didn't trade it in because he didn't want to have to buy it for that price.

All the more reason to keep my '04 a bit longer.

Aimster 08-07-2007 10:56 AM
I am keeping it. The prices have dropped a lot. Might as well.

Might pick up a newer one soon (04-05). Right now I have an 01.

haigha 08-07-2007 11:22 AM
Quote:
Originally Posted by Wagner
Wholesale
- $25,000
- $25,500
- $27,000 <-- and this guy was hoping we didn't trade it in because he didn't want to have to buy it for that price.
Considering I paid ~net $40k for my $60k X5 after the sec 179 deduction in Nov '03, even $25k is not bad depreciation :thumbup:

asawadude 08-07-2007 11:33 AM
Quote:
Originally Posted by willy_manily
Hmm, im only keeping my x5 for a few more years then im going to upgrade to a Cayenne S or the E70 4.8 soon enough
How is a Cayenne S an "upgrade" over a 4.4i? Probably should be rephrased to "downgrade".

Wagner 08-07-2007 11:36 AM
check out the year of the 4.4 (pre 2004), it is an upgrade :)

asawadude 08-07-2007 11:47 AM
Quote:
Originally Posted by Wagner
Prices are BLOWING on E53's big time. My neighbor is a wholesaler and the black book on a 2004 E53 4.4 (my old one) was $28000-$28500. Here are the three quotes we received from trade in (which is basically a call to a wholesaler)

- $25,000
- $25,500
- $27,000 <-- and this guy was hoping we didn't trade it in because he didn't want to have to buy it for that price.
Wow. Have the prices declined that much since March?

I got $24K for my '02 X5 4.4i 63K 5 months ago, from a BMW dealer no less. I thought was a fair deal back then. It looks a great deal now.

Wagner 08-07-2007 11:53 AM
yup, 3 dealers and my neighbor agreed.....just glad I didn't owe more then it was worth.

AzNMpower32 08-07-2007 12:09 PM
Wow, that's steeper depreciation than the X3s! :wow:

Aimster 08-07-2007 12:38 PM
What is wrong with the Cayenne S?

Wagner 08-07-2007 12:40 PM
Pepper S is no faster or better handling the the 2004+ X5 4.4's. Now FI is another story......


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