ZPOST
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   ZPOST > BIMMERPOST Universal Forums > General Automotive (non-BMW) Talk + Photos/Videos
  TireRack

SUPPORT ZPOST BY DOING YOUR TIRERACK SHOPPING FROM THIS BANNER, THANKS!
Post Reply
 
Thread Tools Search this Thread
      11-09-2021, 03:56 PM   #1
TheKandyman
Private First Class
United_States
101
Rep
141
Posts

Drives: 2022 M440xi GC
Join Date: Aug 2020
Location: Florida, USA

iTrader: (0)

Question Trading in - To fix or to ignore the issues when doing a trade-in?

I have a 9yo, 95k miles E-class that I plan to trade in when I pick up a new vehicle. At this age, I don't expect any new car dealer will put it in their used car lot. It is likely just going to an auction. Car engine and body are in very good shape but there are issues with some peripherals. My question is whether it is worth fixing these issues to boost trade-in price, or whether to ignore them because I won't recuperate in trade-in value, any money I spend to fix them:
  • Shredded drivers seat bottom. MB-Tex is not what they claimed it would be lol. I am using seat covers now
  • Low thread on rear tires (cascaded setup). Thread is not at min spec, but it is low
  • Clunking sound over bumps. I suspect this is a worn bushing but I haven't had it checked yet
  • Brake pad wear warning light came on. There is plenty of pad left for several months of driving, but the light comes on - more than intermittently.
So, fix these to improve trade-in value or ignore them because I wouldn't get my money's worth? Thanks.
Appreciate 0
      11-09-2021, 04:33 PM   #2
Burrcold
Brigadier General
Canada
3557
Rep
3,051
Posts

Drives: 2022 Audi RS5 Sportback
Join Date: Oct 2019
Location: Toronto, Canada

iTrader: (0)

Diminishing returns. Trade in as is, you'll never recoup the investment.
__________________
Current: 2022 Audi RS5 Sportback / 2022 Audi Q7
Gone: 2019 Audi RS5 Sportback / 2020 BMW M340i / 2019 Audi Q7 / 2019 Audi S5 Sportback / 2019 Audi S4 / 2018 Audi S5 Coupe / 2018 Lexus IS350
Appreciate 3
      11-09-2021, 05:40 PM   #3
grannyknot
First Lieutenant
grannyknot's Avatar
310
Rep
340
Posts

Drives: 2008 Z4M coupe
Join Date: Oct 2021
Location: toronto

iTrader: (0)

Quote:
Originally Posted by Burrcold View Post
Diminishing returns. Trade in as is, you'll never recoup the investment.
What he said ^ If it's trade in they're going to low ball you anyway no matter what you do. If you sell it yourself on Craigslist you'll get more for it.
__________________
2008 E86 M coupe
Appreciate 1
      11-09-2021, 09:19 PM   #4
MaC-N54-E82
N54 Lover
MaC-N54-E82's Avatar
United_States
88
Rep
232
Posts

Drives: 2008 135i
Join Date: Apr 2011
Location: OR

iTrader: (0)

Quote:
Originally Posted by grannyknot View Post
Quote:
Originally Posted by Burrcold View Post
Diminishing returns. Trade in as is, you'll never recoup the investment.
What he said ^ If it's trade in they're going to low ball you anyway no matter what you do. If you sell it yourself on Craigslist you'll get more for it.
Car is definitely not a house. Trade it in and move on.
__________________
MAC
2008 N54 E82|AW over CR
Sport|Premium|Cold Weather|Comfort Access
BMW PE|COBB Tuned|M3 FSB|Michelin PS4S|
B12 Pro-Kit|M3 Rear Subframe Bushings|Black Line Taillights
Appreciate 1
jeffm8274.50
      11-09-2021, 09:52 PM   #5
harry.h
Private
harry.h's Avatar
United Kingdom
65
Rep
60
Posts

Drives: M235i F22
Join Date: Jul 2021
Location: UK

iTrader: (0)

Quote:
Originally Posted by MaC-N54-E82 View Post
Car is definitely not a house. Trade it in and move on.
Ditto.
Appreciate 0
      11-09-2021, 10:28 PM   #6
selbyp93
Private First Class
selbyp93's Avatar
United Kingdom
163
Rep
143
Posts

Drives: F22 M235i
Join Date: Sep 2021
Location: London, UK

iTrader: (0)

Ignore and trade it in i think?
Appreciate 1
jeffm8274.50
      11-09-2021, 11:11 PM   #7
Germanauto
Major General
Germanauto's Avatar
United_States
8352
Rep
5,555
Posts

Drives: Alfa Romeo Giulia, Rosso
Join Date: Jul 2016
Location: LA

iTrader: (0)

I don't think it will matter. My previous car was in mint condition mechanically but nobody cared. I had all the service records to a tee but there was no value to it. Dealers know what is important at auctions.

Just days before I was gonna trade in the car, somebody swerved into my lane and my wheels on the right side of the car hit the curb and got pretty messed up, but it was only visible if you were up close. Regardless, they didn't even notice when it came time to drop off the car.
__________________
Former
-2008 E90 328 black/brown
-2012 Lexus IS250 black/black
Appreciate 2
jeffm8274.50
GERMAN M33133.50
      11-10-2021, 06:05 AM   #8
stein_325i
Ring Leader of G8X Haters
stein_325i's Avatar
United_States
21255
Rep
8,141
Posts

Drives: BMW/Mercedes/Mazda
Join Date: Dec 2017
Location: Maryland

iTrader: (0)

Garage List
Don't fix, dealer is just gonna end up sending your car to auction anyways.
__________________
Current Garage: 2022 Mercedes-Benz S 580 / 2021 Mercedes-Benz GLE 450 / 2005 BMW X3 3.0i / 1999 Mazda MX-5 Miata
Retired: '95 E36 325i 5MT / '04 E46 330i 6MT / '11 E90 335xi / '17 G30 540i / '19 F87 M2C 6MT / '19 MB CLS 53 / '20 MB GLC 300
Appreciate 1
GERMAN M33133.50
      05-22-2022, 02:45 PM   #9
zx10guy
Colonel
4123
Rep
2,957
Posts

Drives: 2013 135i
Join Date: Feb 2014
Location: DC

iTrader: (0)

And I would look see what one of the car buying services will offer. I bet they'll offer more than your dealer. I used We Buy Any Car. They offered over double what Carmax offered. Walked out same day with check in hand.
Appreciate 1
      05-24-2022, 09:40 AM   #10
TheWatchGuy
Colonel
TheWatchGuy's Avatar
3566
Rep
2,242
Posts

Drives: 335xi
Join Date: Mar 2018
Location: CO

iTrader: (0)

trade it in as is.

youll maybe get a bump in your value if you fix all the issues, but its gonna be pennies on the dollar.

If you were going to private party sell it, id fix it. but thats more of me not wanting the guy i sell to to come drive it through my house when it keeps breaking down.
__________________
@drunkcowatches on ig

Am I a watch guy, or do i watch guys?
Appreciate 0
      05-24-2022, 09:44 AM   #11
TheWatchGuy
Colonel
TheWatchGuy's Avatar
3566
Rep
2,242
Posts

Drives: 335xi
Join Date: Mar 2018
Location: CO

iTrader: (0)

Quote:
Originally Posted by zx10guy View Post
And I would look see what one of the car buying services will offer. I bet they'll offer more than your dealer. I used We Buy Any Car. They offered over double what Carmax offered. Walked out same day with check in hand.
this.

get quotes from vroom, carmax, carvana and givemethevin.com. Use that for your basis of value at the dealership. remember though, depending on your state you can get a discount on taxes if you trade in to the dealer you are buying from. My state for example, only taxes you on the difference between trade in and purchase price. so if i was to sell to carmax, then buy from a different dealer, that tax amount can be significant. Dealers know this and will try to get their offer + tax break to equal your offers.

using kbb or truecar or any of those type of sites can give you an idea, but unless you have an actual offer, the dealership wont care.
__________________
@drunkcowatches on ig

Am I a watch guy, or do i watch guys?
Appreciate 0
      07-20-2022, 10:08 AM   #12
beatricevill
Registered
beatricevill's Avatar
0
Rep
3
Posts

Drives: Deo Lanos 1.6 2010
Join Date: Jul 2022
Location: Sydney, Australia

iTrader: (0)

I think that many would agree that trading is one of the modern ways to make money. In order to get a lot of bonuses you need to do trading on a great site https://casinowis.com/android-casino . If you have recommendations then please help me too.

Last edited by beatricevill; 07-22-2022 at 09:33 AM..
Appreciate 0
      07-20-2022, 11:48 AM   #13
TheKandyman
Private First Class
United_States
101
Rep
141
Posts

Drives: 2022 M440xi GC
Join Date: Aug 2020
Location: Florida, USA

iTrader: (0)

Quote:
Originally Posted by beatricevill View Post
I think that many would agree that trading is one of the modern ways to make money. In order to get a lot of bonuses you need to do trading on a great site. If you have recommendations then please help me too.
I think the days of finding a pot of gold with a trade-in are getting over. And by the way, that was mostly for newer cars. For a ten-year-old car like mine was, there was never a pot of gold. There was still good value but not with a trade-in. I got about 2 grand more from a private sale than any trade-in place offered, without fixing the car. It just took some patience and a buyer who knew how to fix things inexpensively and save some money over a retail purchase.
Appreciate 1
      07-20-2022, 09:01 PM   #14
Drop the hammer
First Lieutenant
231
Rep
377
Posts

Drives: '17 F87 M2 AW, Dct
Join Date: Mar 2012
Location: Calgary, AB, Canada

iTrader: (0)

Trade it in as is. I just traded my n55 M2. It was pretty good condition but needed dct oil change, spark plugs were due, and rear diff oil change, and I needed new winter tires.
I just Turned it back to stock and just traded it. Saved me the tax on the other low mile n55 M2 I picked up in same color. I went from a 2017 80k kms to a 2018 with 8k kms. And got new winter tires in deal too. I wouldn’t do anything extra if trading in. They will run it through their checks internally and either auction or put on lot depending on how much money they have to throw at it.
You won’t get much or even any of your money back.
Appreciate 1
      07-20-2022, 10:16 PM   #15
P1
Lieutenant General
P1's Avatar
United_States
9350
Rep
10,185
Posts

Drives: Cars
Join Date: Aug 2007
Location: United States

iTrader: (1)

Quote:
Originally Posted by TheKandyman View Post
I think the days of finding a pot of gold with a trade-in are getting over. And by the way, that was mostly for newer cars. For a ten-year-old car like mine was, there was never a pot of gold. There was still good value but not with a trade-in. I got about 2 grand more from a private sale than any trade-in place offered, without fixing the car. It just took some patience and a buyer who knew how to fix things inexpensively and save some money over a retail purchase.
Stop feeding the spam bots.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 12:04 PM.




zpost
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2022, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST