07-24-2016, 02:38 PM | #1 |
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Did anyone order a car and have a trade-in?
If so, how did you work it? Did you need to have it re-apprised and then finalize the trade-in when the car you ordered arrived?
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07-24-2016, 02:54 PM | #2 |
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No re-apprised, just to bring back the car in same condition and mileage that averages out to what has been accumulated - if averaging 700 miles / month over life of car try not to exceed that in the month and a half new car is being made.
Now there was a minuscule price increase on new BMW cars between the time ordered and time delivered and they asked me to pay that |
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07-26-2016, 12:07 PM | #3 |
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Yes, I am trading in a 2015 Lexus, I actually put in about 600km after the initial order however no comment about any price adjustments. I will be getting the new car on Thursday so I will update if there are any changes. My order date was May 9th and delivery of the new one is tentatively for July 27th.
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07-28-2016, 11:09 AM | #4 |
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had to re-appraise my trade in. but dealer told me price will very likely to be the same if i bring it back within 1500 miles, which is what happened.
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07-28-2016, 08:30 PM | #5 |
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No reappraisal needed, just traded in my car today to pick up the new one. I drove about 500km after the initial appraisal and was just shy of 3 months ago. Easy in and easy out.
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2016 M235i RWD 6MT - Current! as of July 28/16
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07-29-2016, 10:56 AM | #6 |
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Interesting. I'm looking to buy a 230i. Went to a dealership Wed and started talking about the deal. I was told that for a custom order (taking maybe 3 months to come in) they wouldn't give me any indication of my trade-in's value (not even a ballpark) at this time, saying too much could happen to it in the 3 months. I was told I would have to come in within 2 weeks of the delivery date to learn what they would give me for my car. I can't believe that is standard practice. Not at all acceptable to effectively be forced to accept whatever they then decide so effectively the discussion stopped there. I haven't visited the other dealer in town yet to see what they say.
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07-29-2016, 12:07 PM | #7 | |
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Quote:
My sales contract had a paragraph in the fine print that protected the dealership from any losses if the buyers trade-in took an inexplicable value drop during the waiting period. For any large purchase to be dependent on one of the appraisal/selling price to be determined at time of final sale is crazy. |
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07-29-2016, 12:46 PM | #8 |
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Odd. I just ordered an M240i and the very first thing my dealer wanted to do was get me a trade-in appraisal. Maybe this dealer just has 2016s they want to get rid of first and are trying to discourage orders for the new model.
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07-29-2016, 11:03 PM | #9 |
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That may be just a dealer specific procedure. I had two dealerships tell me that the wait of 2-3 months for a factory build shouldn't be any issues. The trade in was fine for me too as there was no re-appraisal. I guess putting only 500 km on the car since 3 months ago wouldn't make any changes, plus I kept the car sparkling clean and parked in the garage might make a difference.
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