How Much Should I Pay: 2007 BMW 550i
Question From Siak: Year: 2007
Make: BMW
Model: 550i
Trim: standard pkg
Mileage: 15k-25k
VIN:
Buying or Selling? Buying
From Private Party or From A Dealership? Dealership
in NYC.
It’s auto.BMW is Automatic.
Thank you
Queen of the Road: Let’s see what BMW wholesale prices we’ve got. I’ll give you two difference ranges to you’ll know the minimum and maximum to pay.
For a 2007 BMW 550i Sedan Automatic with 15,000 miles, wholesale prices range from $38,500 (being in above average condition) to $35,800 (being in average condition) and $33,200 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $36,100 to $41,900. Private sellers generally sell for 5% to 10% above wholesale prices.
For a 2007 BMW 550i Sedan Automatic with 25,000 miles, wholesale prices range from $36,800 (being in above average condition) to $34,100 (being in average condition) and $31,400 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $34,400 to $40,200.
Be sure to do a carfax and bring a trusted mechanic for a quick inspection. If you, or any of your friends, have any further questions, don’t hesitate to ask us anything. Goodluck and keep us posted!
