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      08-19-2011, 11:08 PM   #27
Midwest 535i
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Drives: 2016 535i
Join Date: Aug 2009
Location: The Great Midwest

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Originally Posted by m3convertdriver View Post
Thanks for everything!!!!

Unfortunately, with an 8 mo old graduating from an infant carrier to a convertible baby seat soon, I've had to grow up and get a family car to replace my e93. I loved my car, but between the baby, my wife, my stupid $800 stroller, and all the other S*** I have to lug around, it's just not going to work. I live in NYC, so can't justify having two cars either (since we use our cars once a week - maybe!)

So, just traded my car in for a used x5 5.0 2011 today.

When I drove to the lot, I considered a new x5 3.5 2012, but after driving the 400 horses and 450/lb of torque in the 5.0, I had to get it. It cost me more, but coming from an M, needed the power. Also, while I love a new car like anyone else... I cant mentally get over the depreciation on day 1 so I like to get my cars after someone else has done that favor for me...

X5 2011 had about 11,8k miles on it and was asking $58,8k (Down from $60k and change two weeks ago). Absolutely excellent condition, flawless inside and outside. Someone took good care of it. After negotiating, the dealer and I agreed on $56,9k and shook hands on that. The trade in value for my 2008 E93 M with 16.5k miles wasnt great, but I'm ok as the price on the X5 was ok. In fact, I prob gave up too much on trade and we agreed on $46.5k. YES YES, I know, if I went private sale I probably cld have gotten another $2-$3k, but I wanted to sell it quickly before the summer is over. When Sept comes, interest will fade for a convert...

SO ALL IN, my trade was the 2008 e93 m3 (16.5k miles) for the 2011 X5 5.0 (11.8k miles) + $10k.

Finally, funny enough, I've only driven my M3 for one full year now as I bought it used with about 8k on it for $56,2k. That means, all in, I paid about $9,700 to drive it for 12 months = $808/month with no money down. Sales tax I paid when I bought it gets transferred to my new car, so I wont count that.

All in all, wasn't a cheap experience to own the M3 and buy my X5, but I think I can live with the deal in hindsight Would be interested to see what others think about my purchase / trade in.

Thanks and good luck all.

I just went from an X5 to an M3..
Current Ride: 2016 535i\Xdrive\Mediterranean Blue\Oyster Nappa Interior\Premium\Cold Weather\Drivers Assistance\Drivers Assistance Plus\Harmon Kardon\Multicountour Seats

Previous Rides: M235xi, X3, E92 M3, E70 X5 35d, X6 50i, X6 35i, E60 550i, E46 M3 Cabriolet, E39 540i, E36 328i