Best Method for Private Sale of X5M?

SD-MAC · 04-20-2017, 09:55 PM

Contemplating selling my 2016 X5M in DG with around 8K in miles. I don't need the utility of a bigger vehicle and I'm thinking of moving to a car despite really enjoying the vehicle. I'm not in a big hurry as I'm thinking of ordering something. Any ideas on the best method? I use eBay to sell some of other items but I've never used it on a vehicle. Thoughts?

Djvolume · 04-20-2017, 10:12 PM

Quote:

Originally Posted by SD-MAC

Contemplating selling my 2016 X5M in DG with around 8K in miles. I don't need the utility of a bigger vehicle and I'm thinking of moving to a car despite really enjoying the vehicle. I'm not in a big hurry as I'm thinking of ordering something. Any ideas on the best method? I use eBay to sell some of other items but I've never used it on a vehicle. Thoughts?

Private or eBay, just don't trade it, unless you don't mind losing some $$$

Salottox5m · 04-25-2017, 04:37 PM

Ebay everyone is bidding and they ALL bid low

I personally look all the time on both:
www.autotrader.com

and

www.cars.com

I would post there myself over EBay -- but just my 2c

Epacy2 · 04-25-2017, 04:52 PM

Quote:

Originally Posted by Salottox5m

Ebay everyone is bidding and they ALL bid low

I personally look all the time on both:
www.autotrader.com

and

www.cars.com

I would post there myself over EBay -- but just my 2c

I just sold an M3 and X5d and used those two sites plus:

https://www.cargurus.com/

Lots of interest and hits off Car Guru's.

dkhm3 · 04-25-2017, 06:38 PM

i've traded my cars in the past, but get different quotes from different dealers, car max etc. i have only sold private party one time, but is there a lot of fraud out there? i would be worried about it.

jiggz · 04-26-2017, 12:52 PM

I typically list my cars on Autotrader and Craigslist.

I really dislike Craigslist and the tire-kicking jokers on there, but if you are willing to wade through all the riffraff, that's where I've found buyers for the my last 3 cars (2 were BMW's). Same ad, same price on Autotrader, and I rarely got any hits.

That's been my experience anyway. For an F85 X5M a different route might be required though.

Chadmatic · 04-26-2017, 05:11 PM

cars.com

balasa0731 · 04-26-2017, 10:32 PM

Quote:

Originally Posted by Chadmatic

cars.com

I think cars.com beats autotrader or craigslist

AlexLou1222 · 04-27-2017, 01:37 AM

Selling cars with this kind of value would be very hard. Ones would come out cash to pay it off, and the ones who has the means usually wouldn't buy private party or even used vehicle, unless you hit a right person at the right time. And yes, there are so many frauds out there that you could easily get scammed.
I would try it for couple of weeks advertising, and only complete deal in person, at the bank for such transaction, with wired funds only. Or rid yourself the trouble, just trade it in. If you buying a car from the dealership, maybe you wouldn't get too bad of a trade in.

rye_a · 04-30-2017, 08:41 PM

Any idea how much you'll be looking to sell for? I purchased a 2016 F85 with under 7k miles from a dealer in Denver yesterday for just under $80k, so that might have an impact on your decision.

WCH · 04-30-2017, 09:10 PM

Depending on where you live, you should factor in the potential tax savings. Many states allow you to pay tax only on the difference between the new vehicle and the trade. This can sometimes offset any additional funds you get from selling private party and you don't have to deal with how to get your payment as others have pointed out.

04-20-2017, 09:55 PM	#1
SD-MAC New Member 11 Rep 27 Posts Drives: X5M F85 Join Date: Jun 2016 Location: South Dakota iTrader: (1)	Best Method for Private Sale of X5M? Contemplating selling my 2016 X5M in DG with around 8K in miles. I don't need the utility of a bigger vehicle and I'm thinking of moving to a car despite really enjoying the vehicle. I'm not in a big hurry as I'm thinking of ordering something. Any ideas on the best method? I use eBay to sell some of other items but I've never used it on a vehicle. Thoughts?
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04-25-2017, 04:37 PM	#3
Salottox5m Lieutenant 195 Rep 586 Posts Drives: F90 m5 Join Date: Jun 2014 Location: Philly area (NJ) iTrader: (0)	Ebay everyone is bidding and they ALL bid low I personally look all the time on both: www.autotrader.com and www.cars.com I would post there myself over EBay -- but just my 2c __________________
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04-25-2017, 06:38 PM	#5
dkhm3 Brigadier General 1882 Rep 3,341 Posts Drives: 991.2 GT3 2020 X3MC Join Date: Jan 2009 Location: Orange County iTrader: (0)	i've traded my cars in the past, but get different quotes from different dealers, car max etc. i have only sold private party one time, but is there a lot of fraud out there? i would be worried about it. __________________ Currently: 2018 GT3 2020 X3MC Previously: 1999 M3 2002 M3 2005 S4 2008 C63 2015 M3 2016 X5M 2019 911S
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04-26-2017, 12:52 PM	#6
jiggz Brigadier General 2141 Rep 3,647 Posts Drives: E90 M3\|F15 X5 50i Join Date: Mar 2005 Location: Seattle iTrader: (2)	I typically list my cars on Autotrader and Craigslist. I really dislike Craigslist and the tire-kicking jokers on there, but if you are willing to wade through all the riffraff, that's where I've found buyers for the my last 3 cars (2 were BMW's). Same ad, same price on Autotrader, and I rarely got any hits. That's been my experience anyway. For an F85 X5M a different route might be required though.
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04-26-2017, 05:11 PM	#7
Chadmatic Registered Member 661 Rep 608 Posts Drives: F15 35i M-Sport Join Date: Nov 2016 Location: Southern California iTrader: (0)	cars.com
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		BMW X5 and X6 Forum (F15/F16) > BMW X5 (F15) and BMW X6 (F16) Forum > BMW X5M (F85) and X6M (F86) Forum
Best Method for Private Sale of X5M?

04-27-2017, 01:37 AM	#9
AlexLou1222 First Lieutenant 96 Rep 374 Posts Drives: 2015 X6M 2014 X1 Join Date: Oct 2015 Location: Vegas baby! iTrader: (0)	Selling cars with this kind of value would be very hard. Ones would come out cash to pay it off, and the ones who has the means usually wouldn't buy private party or even used vehicle, unless you hit a right person at the right time. And yes, there are so many frauds out there that you could easily get scammed. I would try it for couple of weeks advertising, and only complete deal in person, at the bank for such transaction, with wired funds only. Or rid yourself the trouble, just trade it in. If you buying a car from the dealership, maybe you wouldn't get too bad of a trade in. __________________ 992 Turbo S X7 M60
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04-30-2017, 08:41 PM	#10
rye_a Private 22 Rep 52 Posts Drives: X5M Join Date: Apr 2017 Location: Colorado iTrader: (0)	Any idea how much you'll be looking to sell for? I purchased a 2016 F85 with under 7k miles from a dealer in Denver yesterday for just under $80k, so that might have an impact on your decision.
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04-30-2017, 09:10 PM	#11
WCH Lieutenant Colonel 347 Rep 1,844 Posts Drives: '20 M8C convertible Join Date: Nov 2006 Location: Boston iTrader: (8) Garage List 2022 Porsche Cayenn ... [0.00] 2020 BMW M8C [0.00] 2017 Porsche Macan GTS [0.00]	Depending on where you live, you should factor in the potential tax savings. Many states allow you to pay tax only on the difference between the new vehicle and the trade. This can sometimes offset any additional funds you get from selling private party and you don't have to deal with how to get your payment as others have pointed out.
	Appreciate 0 Quote