[Chief009]

Good Afternoon All! Was browsing for the value (trade in) of my 2007 335i and got three different figures almost 6k apart. Kbb gave me 19.5k, Edmunds gave me 25k and NADA gave me 24k. I know that at trade in dealers may try to lowball, but what is the most credible of these sites?

[faz]

I am surprised that you are getting that much of a difference between sites.

I like KBB for a quick quote, but for anything more detailed, I go to Edmunds.

Also, remember, with trade-in values, for you to get the closest idea to what the dealer would be offering you, don't rate your car as 'Excellent' or 'Good'... do the 'Fair' or lower rating. (Dealers would never give you the money for excellent or good condition value.) Even using the 'Fair' or lower value, reduce the value that you get by 10-20%, and that is what the dealer will most likely offer you on your trade in. (That is, if they are selling you a car at low profit margin.)

[jngjng72]

I just traded in my 2003 E46. (22000 miles, every option except rear airbags, pdc and Harmon Kardon)

The trade in value for the car according to Edmunds assuming the car was in "average" condition the price is $9732. Dealer offered $9500.

[BMWinNorthdakota]

Originally Posted by jngjng72

I just traded in my 2003 E46. (22000 miles, every option except rear airbags, pdc and Harmon Kardon)

The trade in value for the car according to Edmunds assuming the car was in "average" condition the price is $9732. Dealer offered $9500.

Ouch... Thats insanely cheap for a Bimmer w/ that kinda millage

[Bulldog 6]

Some dealers even use the Blackbook. If you have the time try selling on your own, private partary is ususally about $2000 more. I've sold two cars on Cars.com.

[luv135i]

My dealer used black book and I couldnt get the value I wanted so I just kept my CTS. Damn cadillac and GM

[Outlaw 06]

Originally Posted by Chief009

Good Afternoon All! Was browsing for the value (trade in) of my 2007 335i and got three different figures almost 6k apart. Kbb gave me 19.5k, Edmunds gave me 25k and NADA gave me 24k. I know that at trade in dealers may try to lowball, but what is the most credible of these sites?

Galves is what dealers in the northeast use for trade-in values. Go to Galves.com and sign up for a month to see what your car is really worth (a one month subscription costs under $20). It's money well spent, especially if you're buying a used car. The free sites aren't even close.

Also, dealers always play a shell game with the numbers (if you let them) so if they give you a good price on your trade-in, you’re most likely paying too much for the car you’re buying. Clever purchasers negotiate the sale price of the car they’re buying first and then tell the dealer they have a trade-in. That way you know exactly what you’re getting for the trade. Oftentimes you’re much better off selling your old car privately instead.

[ianthegreat]

An 07 335i has dropped that much? High mileage I assume?

[jt335i]

Just for the hell of it.
You can also take it to Carmax and see what they'll give you for it.

[Chief009]

Originally Posted by ianthegreat

An 07 335i has dropped that much? High mileage I assume?

High mileage is an issue I guess, but I had hope that it have kept a little bit more value. Its interesting, but I was looking at a 2008 550i a few weeks ago and they offered me 22k for my trade-in. I said no thanks! Keeping this car out of warranty is not in my plans, but I still owe on it and I don't want to take the loss that the dealership may be offering.