Can i get m40i trade in 2019 x3?

nakamuru · 02-21-2021, 04:58 PM

I have x3 30i and i like it a lot but just want more hp and sportier. Its perfect condition no accident and paid for. If i trade it in for 2021 how much more do i pay up? Knowing cars depreciate a lot im thinking 15 to 20k morre?

Has about 30k miles

BMWZ4 · 02-21-2021, 05:02 PM

Quote:

Originally Posted by nakamuru

I have x3 30i and i like it a lot but just want more hp and sportier. Its perfect condition no accident and paid for. If i trade it in for 2021 how much more do i pay up? Knowing cars depreciate a lot im thinking 15 to 20k morre?

Has about 30k miles

For a loaded '21, maybe $30k+...assuming your trade is worth around $25k?

nakamuru · 02-21-2021, 06:00 PM

Quote:

Originally Posted by BMWZ4

Quote:

Originally Posted by nakamuru

I have x3 30i and i like it a lot but just want more hp and sportier. Its perfect condition no accident and paid for. If i trade it in for 2021 how much more do i pay up? Knowing cars depreciate a lot im thinking 15 to 20k morre?

Has about 30k miles

For a loaded '21, maybe $30k+...assuming your trade is worth around $25k?

My current x3 has lot of options that i dont use and more focused on the fun driving portion so let say its semi loaded current x3 and want the basic of m40

BMWZ4 · 02-21-2021, 06:49 PM

Quote:

Originally Posted by nakamuru

Quote:

Originally Posted by BMWZ4

Quote:

Originally Posted by nakamuru

I have x3 30i and i like it a lot but just want more hp and sportier. Its perfect condition no accident and paid for. If i trade it in for 2021 how much more do i pay up? Knowing cars depreciate a lot im thinking 15 to 20k morre?

Has about 30k miles

For a loaded '21, maybe $30k+...assuming your trade is worth around $25k?

My current x3 has lot of options that i dont use and more focused on the fun driving portion so let say its semi loaded current x3 and want the basic of m40

In my experience, the options don't really matter all that much. You haven't mentioned the year, but honestly even if it's an '18 with 30k miles on the clock, I can't see you getting more than $30k tops. That said, this isn't my area of expertise, just an educated guess. So $30k towards a semi-loaded M40i, I still maintain you'll still need to put down $30k with taxes, freight, PDI - I could be wrong. Someone with more experience than I can chime in

Auricom · 02-21-2021, 07:03 PM

Go do your homework - visit sites like Edmunds, KBB, etc and get an estimate of what your X3 is worth as trade in, private sale. Then figure out your M40i options and price.

Then ask the forum. Until then everyone is going to play 50 questions.

Eg. Figure a MY21 low optioned - Alpine white, SensaTec, Premium, 19 wheels is $59K (including D&H) round it up to $60K or $55K with 8% discount

You're looking $25 to $28K for your trade - let's say you get $28K (I'm being generous) very for it - you're still $30K+ getting into a M40i plus taxes and other fees.

methodtim · 02-21-2021, 08:37 PM

I have a 2019 Q7 that I am trading in for a 2021 RSQ8. I am taking more than a bath on the Q7, expecting trade-in value around 65% of my purchase price, but that's depreciation for you.

It's fairly straightforward to find the trade-in price for a 2019 car - use kbb.com as a reference point. 30k miles is high for a 2019, just saying.

nakamuru · 02-22-2021, 09:51 AM

Quote:

Originally Posted by BMWZ4

Quote:

Originally Posted by nakamuru

Quote:

Originally Posted by BMWZ4

Quote:

Originally Posted by nakamuru

I have x3 30i and i like it a lot but just want more hp and sportier. Its perfect condition no accident and paid for. If i trade it in for 2021 how much more do i pay up? Knowing cars depreciate a lot im thinking 15 to 20k morre?

Has about 30k miles

For a loaded '21, maybe $30k+...assuming your trade is worth around $25k?

My current x3 has lot of options that i dont use and more focused on the fun driving portion so let say its semi loaded current x3 and want the basic of m40

In my experience, the options don't really matter all that much. You haven't mentioned the year, but honestly even if it's an '18 with 30k miles on the clock, I can't see you getting more than $30k tops. That said, this isn't my area of expertise, just an educated guess. So $30k towards a semi-loaded M40i, I still maintain you'll still need to put down $30k with taxes, freight, PDI - I could be wrong. Someone with more experience than I can chime in

2019 and i dont mind if i get a 2020 m40i to with less then 10k miles (not sure how i got that number lol) but i maintain externay good so has to be good cosmetics so i can polish etc and wax

BMWZ4 · 02-22-2021, 10:01 AM

Quote:

Originally Posted by nakamuru

2019 and i don't mind if i get a 2020 m40i to with less then 10k miles (not sure how i got that number lol) but i maintain externay good so has to be good cosmetics so i can polish etc and wax

As Auricom & others have noted, do some of the homework via KBB etc to get an idea of the trade value. Still believe you're looking at roughly $30k all-in, but no point in guessing further. Failing that, go see your dealer, then you'll know for sure what the final costs will be

Alias1431 · 02-22-2021, 02:24 PM

A younger me would have said you were stupid if you traded it in and didn't sell private party. An older, wiser me recognizes the hassle and time that's required for maybe a couple more grand. Either way, best of luck. You'll love the M40i.

Tubes23 · 02-22-2021, 03:20 PM

Something which may also impact you which isn’t being considered is any negative equity on the car. If you’ve financed it and you owe more than it’s worth ie 28k against a settlement figure of 32k, you’ve also got to roll in the difference.

foglem · 02-22-2021, 03:21 PM

Quote:

Originally Posted by Alias1431

A younger me would have said you were stupid if you traded it in and didn't sell private party. An older, wiser me recognizes the hassle and time that's required for maybe a couple more grand. Either way, best of luck. You'll love the M40i.

While on cheaper vehicles this might seem like a good idea, more expensive vehicles like the X3 have considerable value which you have already paid taxes on. You should always do the math on what your tax advantage is vs what you could get 3rd party with some time and effort. Normally yes, you do make a bit more selling privately. However that gain is vastly reduced once you factor in the decreased tax you'll have to pay on the new car.

TX3M · 02-22-2021, 04:26 PM

Quote:

Originally Posted by methodtim

I have a 2019 Q7 that I am trading in for a 2021 RSQ8. I am taking more than a bath on the Q7, expecting trade-in value around 65% of my purchase price, but that's depreciation for you.

It's fairly straightforward to find the trade-in price for a 2019 car - use kbb.com as a reference point. 30k miles is high for a 2019, just saying.

Oh man, the RSQ8 is an incredible car. Good for you!

TX3M · 02-22-2021, 04:29 PM

Quote:

Originally Posted by nakamuru

I have x3 30i and i like it a lot but just want more hp and sportier. Its perfect condition no accident and paid for. If i trade it in for 2021 how much more do i pay up? Knowing cars depreciate a lot im thinking 15 to 20k morre?

Has about 30k miles

Have you considered getting a used low mileage 2020 M40i? There were no changes from the 2020 to the 2021. You'll save a lot of money and still get a fantastic vehicle with a warranty for 2-3 more years.

Razel · 02-22-2021, 04:50 PM

Quote:

Originally Posted by nakamuru

I have x3 30i and i like it a lot but just want more hp and sportier. Its perfect condition no accident and paid for. If i trade it in for 2021 how much more do i pay up? Knowing cars depreciate a lot im thinking 15 to 20k morre?

Has about 30k miles

Beaverton, OR. They're having a hell of a time getting this off the floor. May say pre-owned but it isn't. ~600 miles I think just from demo rides.
https://www.kunibmw.com/inventory/us...s0c06l9b18504/
Nathan Moore
2020 X3MC. More fun than you have right now, for sure

Alias1431 · 02-22-2021, 06:24 PM

Quote:

Originally Posted by Razel

Beaverton, OR. They're having a hell of a time getting this off the floor. May say pre-owned but it isn't. ~600 miles I think just from demo rides.
https://www.kunibmw.com/inventory/us...s0c06l9b18504/
Nathan Moore
2020 X3MC. More fun than you have right now, for sure

Ouch. That's a lot of miles on an S58. I'm guessing those test drives didn't keep the RPM's under 4k, on a cold engine no less... If they really want to sell it, they'd better drop the price to below what you could probably negotiate on a new, custom order without too much effort.

methodtim · 02-22-2021, 11:54 PM

Quote:

Originally Posted by TX3M

Oh man, the RSQ8 is an incredible car. Good for you!

Thanks! I'm super super excited. It's shaping up to be a six-month wait, though so... Still worth it!

BMWZ4 · 02-23-2021, 08:53 AM

Quote:

Originally Posted by TX3M

Have you considered getting a used low mileage 2020 M40i? There were no changes from the 2020 to the 2021. You'll save a lot of money and still get a fantastic vehicle with a warranty for 2-3 more years.

Yeah OP noted he'd consider a 2020/used vehicle

"i dont mind if i get a 2020 m40i to with less then 10k miles"

02-21-2021, 04:58 PM	#1
nakamuru Lieutenant 138 Rep 504 Posts Drives: mazda3, vw passat, suzuki vita Join Date: Jun 2019 Location: seattle iTrader: (0)	I have x3 30i and i like it a lot but just want more hp and sportier. Its perfect condition no accident and paid for. If i trade it in for 2021 how much more do i pay up? Knowing cars depreciate a lot im thinking 15 to 20k morre? Has about 30k miles
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02-21-2021, 07:03 PM	#5
Auricom Brigadier General 4365 Rep 4,246 Posts Drives: 2020 X5 xDrive40i M Sport Join Date: Jan 2012 Location: DMV iTrader: (0)	Go do your homework - visit sites like Edmunds, KBB, etc and get an estimate of what your X3 is worth as trade in, private sale. Then figure out your M40i options and price. Then ask the forum. Until then everyone is going to play 50 questions. Eg. Figure a MY21 low optioned - Alpine white, SensaTec, Premium, 19 wheels is $59K (including D&H) round it up to $60K or $55K with 8% discount You're looking $25 to $28K for your trade - let's say you get $28K (I'm being generous) very for it - you're still $30K+ getting into a M40i plus taxes and other fees. __________________ Current BMWs - '20 X5 xDrive40i M Sport, '20 BMW M550i \| Past BMWs - '03 E39 540iT M Sport, '06 E53 4.8is, '11 E70 M Sport LCI
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02-21-2021, 08:37 PM	#6
methodtim Brigadier General 374 Rep 3,883 Posts Drives: Audi RS Q8 Join Date: Mar 2007 Location: Darkness there, and nothing more iTrader: (0) Garage List 2021 Audi RS Q8 [0.00] 2021 BMW X3 M40i [0.00] 2017 Toyota Tacoma [0.00]	I have a 2019 Q7 that I am trading in for a 2021 RSQ8. I am taking more than a bath on the Q7, expecting trade-in value around 65% of my purchase price, but that's depreciation for you. It's fairly straightforward to find the trade-in price for a 2019 car - use kbb.com as a reference point. 30k miles is high for a 2019, just saying. __________________
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02-22-2021, 02:24 PM	#9
Alias1431 Lieutenant Colonel 797 Rep 1,960 Posts Drives: 2019 BMW X3 M40i Join Date: May 2019 Location: Washington iTrader: (0)	A younger me would have said you were stupid if you traded it in and didn't sell private party. An older, wiser me recognizes the hassle and time that's required for maybe a couple more grand. Either way, best of luck. You'll love the M40i.
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02-22-2021, 03:20 PM	#10
Tubes23 Private 34 Rep 98 Posts Drives: M4 xDrive Comp Join Date: Oct 2019 Location: Essex iTrader: (0)	Something which may also impact you which isn’t being considered is any negative equity on the car. If you’ve financed it and you owe more than it’s worth ie 28k against a settlement figure of 32k, you’ve also got to roll in the difference.
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