How Much Should I Pay: 2007 BMW X5 & 2008 BMW X5
Question From Dany: How much should I Pay for:
2007
BMW X5 3.0i (certified)
37k miles
Premium package,3rd row seats,Rear Climate Package, navigation
2008
BMW X5 3.0i (certified)
19000 miles
Premium Package, Rear Climate Package, Comfort Access w/Keyless Entry, Panoramic Moonroof, Park Distance Control, Satellite Radio,
Thanks in advance for all your help.
Dany
Queen of the Road: Hi Dany. Welcome to AutoBragBlog!
For a 2007 BMW X5 3.0SI with 37,000 miles, wholesale prices range from $38,200 (being in above average condition) to $35,900 (being in average condition) and $33,700 (being in below average condition). A fair range for a dealership sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $36,800 to $41,800. A private seller will usually aim to sell it for 5%-10%.
For a 2008 BMW X5 3.0SI with 19,000 miles, wholesale prices range from $46,700 (being in above average condition) to $44,000 (being in average condition) and $41,400 (being in below average condition). A fair range for a dealership sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $45,200 to $50,900. A private seller will usually aim to sell it for 5%-10%.
Check the carfax and do plenty of research on the history of the vehicle. Ask for their maintenance records. You can even bring a mechanic for a brief inspection. Here‘s a good article to read before continuing: Car Buying Tips From An Insider. Let me know if you have any further car questions.
Good luck and keep us posted on how the purchase goes!
