Would you trade even for?

[GSXRliterbikz]

I have a 2004 3.0 X5 with 94k on the clock. I havent liked it from day one. Weird throttle lag, odd ele. gremlins, no power, and rough shifting. There is a used car lot near me that I bought my e38 from a few years back and he has a 06 330i for sale. KBB puts its value higher than my x, but he is only asking 14,990. I was thinking of asking if he would trade even for my X. The 3 has sport, prem., and I drive. 79k miles. I'd be taking a bath on mine. I have only had it for a year and put almost 30k on in that time. I think I owe almost 19 on it. Bank loan on the 3 should be fine though. What do you guys think. Would the 3 be a more reliable car? I have little to no confidence in the X.

[kurtv]

I have a 06 330i which has been a great car over 48k mi. It is much more fun to drive compared to the X5 with the V-8s. The X5 is too big to drive like the 330i.

[Sstroudwku]

This will really boil to banks. What a consumer can see and what a bank will loan is very different. You're better off using NADA give truer values on the vehicles. It's what the dealers use and most banks. Retail value is different than loan value. "Learned this when I looked into buying my g/f an 08 Ford Edge. Retail NADA was 21,5, NADA loan value was 14,8. These are things you will have to consider. Including your Credit Score and what tier level it will put you in for loan rates. If you can pull it off I think it'd be an awesome trade. Give me more info on the X5 and I can give you more on it's value. Based on just a guess at what your X5 has here is what i pulled.


Trade - Rough Average Clean Retail
Base Price $11,450 $13,325 $14,875 $18,550
Mileage: 94,000 $250 $250 $250 $250
Options: (add options)
Luggage Rack $50 $50 $50 $75
Power Sunroof $500 $500 $500 $575
Fixed Running Boards $50 $50 $50 $75
BMW Premium Stereo $325 $325 $325 $375
Navigation System $650 $650 $650 $725
TOTAL PRICE $13,275 $15,150 $16,700 $20,625

So if your x5 is IMMACULATE by that I mean perfect in every sense even though NADA says 16,700 You will get around 14,500, maybe less at a smaller dealership this is because they don't use trade in value near as much as wholesale, they take into account of what they can purchase the vehicle at auction for. They have less capital. To be honest though, seeing the vehicle is an 06 that you're wanting it'll be hard pressed to get a bank to roll 25% of the asking price in a new loan.

I work for a very large Toyota dealer, we rank 2nd in our region and move A LOT of cars. I'm not discouraging you from trying, but giving the realities that are the current auto market and economy.

[jtk86]

If your comfy with the neg equity than go for it. But your X5 will hold value better than the 3 series. IMHO hold off even if you hate the X5, get some more paid off and then go from there.

Unless you have the money to out down and even things out. I'm in the same boat kind of. I'm wanting to get rid of my E90 and get into a E36 M3 and a E34 iT but owe to much right now to sell it out right or trade. Financing is a pain.

[GSXRliterbikz]

Nada puts my x at 20500 and the 3 at 21500. My bank loans on kbb retail. I have used them many times and my credit is good enough that they don't require any documentation. Retail on my x when I bought it was 24000 so it did hold its value despite the 30k more miles. I have noticed that despite the high retail on the 3 most around here arnt selling for more than 17 or 18. This one was for sale when I bought my x. How are the autos in the 330?

Sent from my SCH-R880 using BF.com

[GSXRliterbikz]

This will really boil to banks. What a consumer can see and what a bank will loan is very different. You're better off using NADA give truer values on the vehicles. It's what the dealers use and most banks. Retail value is different than loan value. "Learned this when I looked into buying my g/f an 08 Ford Edge. Retail NADA was 21,5, NADA loan value was 14,8. These are things you will have to consider. Including your Credit Score and what tier level it will put you in for loan rates. If you can pull it off I think it'd be an awesome trade. Give me more info on the X5 and I can give you more on it's value. Based on just a guess at what your X5 has here is what i pulled.

Trade - Rough Average Clean Retail
Base Price $11,450 $13,325 $14,875 $18,550
Mileage: 94,000 $250 $250 $250 $250
Options: (add options)
Luggage Rack $50 $50 $50 $75
Power Sunroof $500 $500 $500 $575
Fixed Running Boards $50 $50 $50 $75
BMW Premium Stereo $325 $325 $325 $375
Navigation System $650 $650 $650 $725
TOTAL PRICE $13,275 $15,150 $16,700 $20,625

So if your x5 is IMMACULATE by that I mean perfect in every sense even though NADA says 16,700 You will get around 14,500, maybe less at a smaller dealership this is because they don't use trade in value near as much as wholesale, they take into account of what they can purchase the vehicle at auction for. They have less capital. To be honest though, seeing the vehicle is an 06 that you're wanting it'll be hard pressed to get a bank to roll 25% of the asking price in a new loan.

I work for a very large Toyota dealer, we rank 2nd in our region and move A LOT of cars. I'm not discouraging you from trying, but giving the realities that are the current auto market and economy.
So if he gives me 14990 to trade, as long as a bank will loan 19 on the 3, then the deal works. Basicly an even swap. As I said, my bank loans kbb retail, so 19 shouldn't be hard to get

Sent from my SCH-R880 using BF.com

[Sstroudwku]

The transmissions are solid, zf6hp26 is a damn good transmission. But you really gotta remember even if the retail on your x is 20, thats not wholesale. Most dealers refuse to give anything over wholesale anymore. If they're locally "similarly equipped" selling 17-18 then you'd me looking at a mid 13 low 14 trade in. Simply because thats what a wholesale car would run in that area based on it's retail. So if they're asking 14990 "which I feel is low I'd PPI it before buying" + TTL + processing. From my understanding NH has not sales tax on new car purchases "correct me if I'm wrong" but the processing fee is probably 199-299. Title fees from what I read are high there though. So add that in + the 5grand in negative equity. So you're looking @ 21k on an 06 with 79k. To me it doesn't seem like a wise financial decision.

[GSXRliterbikz]

I'm really concerned with the long term on the 3. My e38 I will keep for years and miles to come. I loved my e46 and had it for years and over 150k. I wouldnt dream of keeping the x much longer. I doubt the trans will make it past 100k.

Sent from my SCH-R880 using BF.com

[GSXRliterbikz]

The transmissions are solid, zf6hp26 is a damn good transmission. But you really gotta remember even if the retail on your x is 20, thats not wholesale. Most dealers refuse to give anything over wholesale anymore. If they're locally "similarly equipped" selling 17-18 then you'd me looking at a mid 13 low 14 trade in. Simply because thats what a wholesale car would run in that area based on it's retail. So if they're asking 14990 "which I feel is low I'd PPI it before buying" + TTL + processing. From my understanding NH has not sales tax on new car purchases "correct me if I'm wrong" but the processing fee is probably 199-299. Title fees from what I read are high there though. So add that in + the 5grand in negative equity. So you're looking @ 21k on an 06 with 79k. To me it doesn't seem like a wise financial decision.
Its only 100 bucks with title and doc fees

Sent from my SCH-R880 using BF.com

[Sstroudwku]

Its only 100 bucks with title and doc fees

Sent from my SCH-R880 using BF.com

Is that including the dealer processing fee and loan processing fee?

[GSXRliterbikz]

Not sure. That's what I spend above the cost of the car. When I bought my e38 I settled on a price and the fees were 99 dollers. Same with the x last year when I bought it. It included 20 day plates, title fees and whatever the dealer had for fees.

Sent from my SCH-R880 using BF.com

[Sstroudwku]

If you can get the whole thing worked in @ 19 thats not bad. I got my 325 for 15700 with 66k on it. But Bimmers pull a larger premium here. We have a large Bosnian following, "not racists" we have basically a BiH Embassy here that has a deal with the city on immigrating into the area. With it they bring their passion for German cars. Which drives up the price, especially on used BMW's.

[GSXRliterbikz]

If I have time tomorrow, I'm going to go look at it. Is there any special "spots" to look at on an e90, or just the usual bimmer stuff? They use a zf trans? I was under the impression that it would have the same trans as my x. A GM. I guess that would explane why the x has more trouble than most bimmers.

Its funny you mention there are alot of bimmers in your area. My brother is in Maysville and hardly sees any (or at least doesnt notice).

[jtk86]

Sell the X5 yourself use the money pay the current loan off and then go find yourself a car. I would stay away from the 330 only because of the all ready high miles and from the sounds of it in less than a year it will be pushing a 100k miles with god know what in store for maintenance. So once you sell the X and get that loan taken care of look in the direction of a CPO or even a low mileage used. I paid under 20k for my 328 w/ 40k miles just to give you an idea. I have even seen 335 with below 50k miles for under 25k and with that you get alot more car. The 330 just seems like a bad financial situation and will probably end up biting you in the end.

[Sstroudwku]

when they introduced the e90 they introduced decided on a more reliable trans. here's the wiki on it http://en.wikipedia.org/wiki/ZF_6HP26_transmission shared with a very large collection of Superior luxury lines.

As for special places to check on an e90. Unlike the e46 the subframe is solid, depending on the salt content in the winters there I'd suggest checking for rust under the car. But honestly a goooood ppi at an Indy dealer or even a local BMW dealer would be suggested. It's an hour of labor cost.

[GSXRliterbikz]

Sell the X5 yourself use the money pay the current loan off and then go find yourself a car. I would stay away from the 330 only because of the all ready high miles and from the sounds of it in less than a year it will be pushing a 100k miles with god know what in store for maintenance. So once you sell the X and get that loan taken care of look in the direction of a CPO or even a low mileage used. I paid under 20k for my 328 w/ 40k miles just to give you an idea. I have even seen 335 with below 50k miles for under 25k and with that you get alot more car. The 330 just seems like a bad financial situation and will probably end up biting you in the end.

Selling the x myself isnt going to happen. I have never been able to sell a car outright. Even when selling the e46 in my sig. I was all the way down to 6k and I still couldnt sell it. The dealer gave me 5500, so I traded it. Plus its a daily driver and I couldnt be without it. 80k miles doesnt worry me. I usually buy my bimmers at 100k or more. My first 7 had 212k, and the e38 had 96k when I got it. I do all my own work, whether its maintenance or repair work, I do it all. Its either going to be a deal like this or I'll end up keeping the X. I was hoping for a X I could keep for years and this isnt going to be one of those cars. So thats why when I saw this 3, it looked like an opportunity to get out without getting raped. 19k financed on a 06 didnt sound like a horrible thing to me.
Heck, I have 19k on an 04 now that has more miles.

[GSXRliterbikz]

Here is my X. It has the truffle brown interior. The oly dif now is I have e70 18in wheels on it for the summer.
http://i305.photobucket.com/albums/nn201/literbikz/CIMG2112.jpg?t=1304306064
Here is the e46 I couldnt get 6k for last year. Dealer gladly gave 5500 for it and dropped the price of the X 900 bucks.
http://i305.photobucket.com/albums/nn201/literbikz/CIMG1441.jpg?t=1304306087
And my baby....130k and going strong. Just did new timing chain guide rails and a boat load of other new parts.
http://i305.photobucket.com/albums/nn201/literbikz/CIMG2286.jpg?t=1304306169

[Sstroudwku]

Those are sharp cars, what were the specs on the e46? I just picked up an 04 e46 325i 5MT with 61k. I paid a little over 10+TTL+ 1600 for a 2 year 24k warranty "after a test drive I knew the VANOS was bad" so the dealer said they'll handle this after 5 weeks of ownership so the warranty is in full. Between my e90 325i with 69k and my e46 325i with 61k I have a total of 23k financed. Something I figure to be a very reasonable debt to sexycar ratio lol.

[GSXRliterbikz]

It was an 02 325xi with just shy of 140k on the clock. Sport, cold weather, leather, and a pile of service records (receipts for work I did). Most 01's and 02"s around here are still fetching around 10k. It was the best car I have ever owned. It NEVER broke down. The only thing that ever broke was the alt (cuz the air duct was missing). Never leaked oil, ps fluid, coolant. I pretty much own the 7 now. I owe 19 on the X. So debt to Sexiness isnt too bad either. Although it would be alot better I think if I had a 330 sport (much sexier).

[GSXRliterbikz]

Here is the 330 in question. I drive, sport, premium, rear hvac., DVD. Does the DVD on the dash mean it will play dvds through the I drive?

http://images.autotrader.com/scaler/565/421/images/2011/3/21/289/277/19894197120.289277219.IM1.05.565x421_A.562x421.jpg


http://images.autotrader.com/scaler/565/421/images/2011/3/21/289/277/19894197122.289277219.IM1.07.565x421_A.562x421.jpg

[GSXRliterbikz]

Wow. That thing was ridden harder than a 2 doller ****. It had scratches and dings all over it. No sound, they said its from a bad amp. Cup holders didn't work (no suprise). Blower sounded like a chopper taking off. Oil in the engine bay. It had been in an accident. Oh well, guess the x stays for now

Sent from my SCH-R880 using BF.com

[Sstroudwku]

Well good thing you test drove it first. It does explain the low price. See if you can get it for an overnighter so I can do an intake swap :)

[GSXRliterbikz]

I never actually took it for a drive. I was so turned off by the appearance that I didnt bother. Funny you mention a swap. My brother is in bowling green this week and he is coming up to NH next mon. Oh well

[Sstroudwku]

I never actually took it for a drive. I was so turned off by the appearance that I didnt bother. Funny you mention a swap. My brother is in bowling green this week and he is coming up to NH next mon. Oh well

Whats he doing in my neck of the woods?

[GSXRliterbikz]

He's doing substitute work for someone on vacation. I think he's there till sun and he's heading up here. I always wanted to go take a tour of the vet. factory there. I might be coming down this sept for the Bourbon festival. I think its was near there.

[Sstroudwku]

You wont be far, I believe that is at the Jim Beam Distillery. The Vette factory is pretty cool I used to deliver parts there when I worked at a local die cast/machining company. He subbing @ the University or a Local HS?

[GSXRliterbikz]

He's a substitute circuit overseer that visits different congregations of Jehovah's Witnesses. He's not a car guy though. He drives a Civic Sedan that he bought new over 6 years ago. I think the longest I have owned a car is 3 or 4 years.
I'm hoping to check out the vet factory when I come down this fall. How far are you from the Spartansburg BMW factory?

[Sstroudwku]

It's roughly a 400mile trip to the X-Factory. I'd say it'd be worth the drive. There are A LOT of twisty mountain roads between here and there.

[GSXRliterbikz]

Wow, I didnt realize it was that much further. Guess I wont be going there anytime soon. Thanks for all the info.