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Thread: Right Time To Sell X5 3.0?
04-03-2007 11:34 AM #1
- Castle Rock, CO, United StatesMember No: 135461
- Join Date
- Dec 2005
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Right Time To Sell X5 3.0?
I have an '01 X5 3.0 Sport with about 80,000 miles on it. Frankly, there isn't a thing wrong with it - I've had all the scheduled maintenance done and the thing is in perfect shape.
I'm trying to decide whether to sell it soon or hold it for another 20,000 to 40,000 miles. It's long since paid for, and while I admit that it is nice to have no car payment, it seems to me that I need to become aware of what will happen to the value over the coming tens of thousands of miles.
In other words, it might be more financially advantageous to sell it now, when it is worth, say, $19,000, than to wait 20,000 more miles when it will be worth very little.
Intuitively I suspect there is a perceived value dropoff at 100,000 miles. Does anyone have any intelligence as to the value curve over time on these that would help me make a good decision?
10-26-2008 07:53 PM #2
12-25-2008 09:50 AM #3
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