Here is the list of dealers I visited to get my trade in value:
1) Mercedes Benz - Midtown & Downtown - very fair value given
2) Pfaff Porsche - very fair value given - almost identical to MB figure
3) Endras BMW - pretty low
4) Town & Country BMW - Highest
5) BMW London - but only email quote & ballpark - similar to MB & Pfaff
6) Downtown BMW - Matching T & C trade in figure
7) Serpa BMW - pretty low
8) Georgian BMW - pretty low
10) BMW Autohaus - Lowest
Overall, from the lowest to highest trade in figure given, the spread is $10,000 (unbelievable).
When it's all said & done after more than 1.5 months of researching, I went with TCBMW who was willing to discount the M5 and the highest trade in value granted.
The following BMW dealers refused to discount even '1 penny' off the list:
1) Endras
2) Autohaus
3) Maranello & BMW Mississauga
4) Georgian BMW
5) Budds BMW
6) Serpa - verbally, maybe $500
If you are interested to know what % discount was given by TCBMW on my M5, just PM me.
Lastly, my suggestion is if you want the highest trade in value, you will have to do something similar to what I had done. You may be amazed on the trade in value differ dealer to dealer. I find MB & Porshce are really diligent in researching the wholesale value of my car as MB even called the West Coast to see what my car would fetch out there.
Quote:
Originally Posted by dr.mba
Hey Bobblehead,
Congrats on a fine car I am sure you will enjoy it. Do you mind me asking which dealer you went to? Been contemplating this too but was sure they would kill me with the trade in value.
MBA
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