X5 Valuation
 

Hey guys

I have a 2005 X5 4.8is, perfect condition, black on black. 140,000kms
2 sets of rims, new brakes, and a 4YR/60k third-party warranty.

Just wondering what I should be fetching on this vehicle in the used market.
My costs so far are all in $31,000 CDN

I was thinking 25k but have not had much interest at the price level.

Any thoughts?

dude, hate to say but you gotta drop your price. many 4.8is models here now for about $20k. i was looking at one this morn. loaded.

MILES?
your second tire set doesn't add value. Sorry

There are websites that are already set up to help sellers value their vehicles based not only on the car's options and conditions...but will look at similar vehicles in your same location as well.

Try some of these sites that will help you much better than us...instead of a biased appraisal...you can base the current value on geographical sales and other unbiased facts:

• Official Kelley Blue Book New Car and Used Car Prices and Values
• New Cars, Used Cars, Car Reviews and Pricing - Edmunds.com
• New Cars, Used Cars, Car Reviews | Cars.com
• New Cars, Used Cars - Find Cars at AutoTrader.com

Calgary? Perfect condition?

These 2 usually don't go together unless you stored it indoors every winter, VERY unlikely seeing as most AWD vehicles are used as primary vehicles during severe weather. My '03 X5 4.4 spt pkg has NEVER turned a wheel on snow and has NEVER seen the harmful effects of the sands, salts and magnesium chloride spread on roads to make them passable for vehicle that have no right being out in severe weather. 8 winters of use is usually extremely visible when put on a lift next to one that has never been subjected to winter driving.

Most in the market for a 25k used vehicle are shopping the entire vehicle market in a HUGE radius of their home. My search area was from FL to southern CA.

FWIW, to get top dollar you need the best condition vehicle on the continent, not just in your immidate area.

Thanks for the insights guys.

its 140,000 KM and the car is a Vancouver vehicle. Has only been in Calgary for 3 weeks. I am not opposed to let it go for $20k. Seems reasonable.


thanks!

I was told by my dealer that the trade in value of 2005 x5 4.4 was about $11k . it had a bad engine. not sure what it will be worth after they put in a brand new engine.

lol, what does that even mean?

That thing is worth $70k all day every day. Drive it around as such.

Selling it, thats another story...

It always boggles me how when we are looking there are none to find, they are "super rare" and go for high dollar.

Yet when we sell they are "heavily depreciated" "undesired" "blah blah blah"

Supply and demand. the 4.8is is not THAT common. It is quite rare. The e70 4.8 is no comparison, and the price gap to an x5m is HUGE. its a great common ground for people, like myself that think the body style is timeless and the engine/transmission are a pleasure to operate.

Since you are in Canada, the easiest look up is autotrader.ca Using that site for a national search (Canada only), there were 195 between 2004 and 2006. Looking just at 2005 models, there are 63. Filter down to 140,000 km range, and I got 29 results, considering all engine models. They ranged from $9000 to $22,000 and note that the $22k one is an outlier at a dealer. The bulk of them are in the $15k to $17 k range. There are four 4.8 models offered (2 at $17k, 2 at $18k). Now recall that these are asking prices, so transaction prices will be lower. This is your competition.

I would say that if anybody offers you $20 k you should take it and run. Seems like you should be listing it for $18, and be willing to accept something less than that.

Good luck.

There's a reason why the KBB vehicle value website requires a zip code be input before displaying a value on your vehicle, location plays a major role in wear/tear and therefore value.

Some forum members come here and see an Arizona 4.8 "sold for" price and think their "rust belt" vehicle has the same value when NOTHING is further from the truth.

On a road trip to New Mexico last month I saw several Auto Salvage yards with 60 yr old VWs, Chevys and military vehicles dragged out front and displaying "for sale" signs. Location plays a huge role in vehicle condition regardless of how pristine the vehicle looks while sitting on the ground, putting it up on a lift will show the TRUE condition.