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  1. 01-17-2008, 03:51 PM #1
    jcicchetto
    jcicchetto is offline LX Newbie
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    horrendous srt8 trade-in value?

    I just went to a local BMW dealership and was quoted 22,500 for my 300c srt8. Anyone else getting horrible trade-in values for their srt8's?
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  2. 01-17-2008, 03:52 PM #2
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    miplank
    miplank is offline LX Newbie
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    Welcome to owning an LX.....
    -Mitch

    Buy my 2006 Magnum R/T w/4400 miles
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  3. 01-17-2008, 04:11 PM #3
    MattRobertson's Avatar
    MattRobertson
    MattRobertson is offline ... to The Booth!

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    shouldn't you expect to be hosed by a dealer trade-in?

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  4. 01-17-2008, 04:20 PM #4
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    miplank
    miplank is offline LX Newbie
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    Also, You didn't state year..mileage..options...condition. These are all things that will come into account when trading.


    Though an 05 SRT8 300 with about 40k miles in excellent shape should bring $26,825
    -Mitch

    Buy my 2006 Magnum R/T w/4400 miles
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  5. 01-17-2008, 04:23 PM #5
    NAS T MAG's Avatar
    NAS T MAG
    NAS T MAG is offline Formerly HLY CRAP
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    Quote Originally Posted by jcicchetto View Post
    I just went to a local BMW dealership and was quoted 22,500 for my 300c srt8. Anyone else getting horrible trade-in values for their srt8's?
    Also, don't forget what BMW stands for:
    Big
    Money
    Wasted

    Pictures
    A good friend will come and bail you out of jail...but, a true friend will be sitting in the cell next to you saying, "Damn...that was fun!"
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  6. 01-17-2008, 04:27 PM #6
    JJS
    JJS is offline Need not agree, but call it like it is..
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    Quote Originally Posted by NAS T MAG View Post
    Also, don't forget what BMW stands for:
    Big
    Money
    Wasted

    And...

    Busted
    My
    Wallet
    1997 Dodge Ram
    2005 Silver 300C
    2009 Lexus ES350
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  7. 01-17-2008, 04:31 PM #7
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    chryslerking
    chryslerking is offline Stock Eliminator
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    How many miles are on your car jcicchetto.......and if you don't mind me asking how much did you pay for it .......
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  8. 01-17-2008, 04:34 PM #8
    guest01
    guest01 is offline LX Padiwan
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    My local BMW dealership just about laughed at me when I tried to trade my car. Stay away from BMW...e55 amg mercedes is the way to go.
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  9. 01-17-2008, 04:45 PM #9
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    pir8magnum
    pir8magnum is offline Magnum-animous
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    ALL cars have crappy trade-in value, period. If they give you a lot for your trade, it means they jacked up the price you're paying for the car, one way or another. Its just like casino gambling - the house always wins.
    2007 Magnum SRT8 Steel Blue Metallic/Option groups 1,2,3/Roof Rack/Sirius/Everything but VES
    2006 Magnum R/T - GONE!
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  10. 01-17-2008, 05:26 PM #10
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    MattRobertson
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    good point. If you want a decent return on the car sell it yourself. Nowhere near as convenient but thats the way it is. I lost about 7 grand on my last trade-in. When I bought a car last month I kept my old one. Only costs $300 to insure per year so I'll wait on the right home for it.

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  11. 01-17-2008, 05:35 PM #11
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    Super T
    Super T is offline Speed on... Hell ain't half full
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    My RT fared pretty well... because I bought an SRT. Otherwise, trade-in value on these things is absolutely pathetic.


    I DRINK ROYAL PURPLE! WHAT NOW?!

    > 2006 Silver SRT-8 magnum, adopted 9/9/06 with 36 miles, groups I, II, &III.
    * tinted LED Tails * Mopar Remote Start * Stainless Airhammer * Coated Kooks Longtubes * PPP Heads, Cam, and Converter * Alpine R10 Subs/AoN Enclosures * 20" Black AR 311's w/ Nitto 420's * Corsa cat-back * Front Window Tint * Ratman Hatch Button Mod * Hotchkis Sways * BT Underhood Bling * Polished Intake Manifold * Autodim Drivers Mirror *
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  12. 01-17-2008, 06:48 PM #12
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    Jaak
    Jaak is offline Livin' the Mild Life in South Oakville.

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    I'd bet you could find someone here that wants a rad cap mod...
    2006 Magnum SRT8 - 11.85@117
    2007 SuperBee SRT8 - 12.21@117
    2011 300 Limited - Who cares, it's good on gas and the chick digs it.


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  13. 01-17-2008, 07:05 PM #13
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    stitchmonkey
    stitchmonkey is offline What's up Doc? Who's drivin this thing?
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    And I think Blue Book deducts $500.00 per mod
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  14. 01-17-2008, 07:14 PM #14
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    jules2315
    jules2315 is offline 2006 RT
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    One way to do it is if you try to get the BMW for less because your car was appraised low, then that's the way to do it. I use to work at BMW in sales so just tell them you want a bigger discount on the BMW. What model are you looking at buying and also remember that trading in your vehicle, the difference you will get in your sales tax will make up a bit of that difference. For ex. here in Calgary the sales tax is now 5% so if your car is worth 30k here, than that will be a savings of 1500.

    By the way, an e55 amg mercedes is NOT the way to go. Gavin, I suggest you go and drive the E55 than the comparable BMW and you will see why BMW has the best brand loyalty out there.

    Just my opinion.
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  15. 01-17-2008, 08:11 PM #15
    jcicchetto
    jcicchetto is offline LX Newbie
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    a little info on me and my car. Car is 2006 with every option except rear dvd. about 28000 miles on it. The reason they couldn't offer more was because they had taken a 300C SRT8 in trade-in before and couldn't sell it. Also, there is no sales tax here as I live in NH.

    I was looking at the 335xi, so I could drive it year round since I have to deal with winter here. They took a small chunk out of the vehicle, and I told them the price range I wanted to be in monthly but they could not match it. Looks like I will be holding onto the car for awhile more. Not necessarily a bad thing
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