Quote:
Originally Posted by morphomeman
None of the remarks about slow sales respond to the issue of depreciation on the X5. If OP trades the X5 in, then the dealer is stuck with another car to sell or unload, under the same dreadful circumstances. Yes, the dealer may be willing to part with the new car for less, but by the same token, the dealer will be willing to take less on the trade-in.
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Yes, all of the remarks about slow sales play into what you can expect to receive on trade.
Visit a dealership and see what they are willing to do to get a customer into a new vehicle right now. (desperation mode is starting to set in)
Trades may sit, but when new vehicles do not sell brands panic and do whatever they can to move stock. The longer this whole half assed virus plays out, the better the deals become.