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      01-01-2019, 04:00 PM   #1
Grrveer
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2018 m2 buying advice

Not sure if this is the correct location for this post but.....

Looking to buy(finance) a 2018 m2. Had a 2016 M235i don’t know what I was thinking, but I traded it in for 2019 tundra and now want to get rid of the truck for an m2.

I have two options sell the truck and then finance the m2 or try to trade in the truck and get the m2.

Any advice or tips would be greatly appreciated.

Thank you
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      01-01-2019, 04:06 PM   #2
cowzrul
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Try every option. 1) Carmax 2) take back to dealer and see what hit you will take selling back 3) list locally yourself or 4) see what the BMW dealer will give you. I am in and out of vehicles all the time and have used all 4 above. Sometimes I’m surprised.
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      01-01-2019, 04:22 PM   #3
Grrveer
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I tried carmax already got lowballed pretty badly, their explanation was there wasn’t enough data for the 2019 vehicle. I guess I will give the other three options a shot.....thanks for your input and time.
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      01-03-2019, 08:51 AM   #4
JRF
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trade

here in NYS you get credit for the sales tax on the value of the trade-in against the sales tax on the new vehicle. this generally equals or outweighs the premium you'll get for selling the vehicle on your own.
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      01-03-2019, 10:01 PM   #5
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Quote:
Originally Posted by JRF View Post
here in NYS you get credit for the sales tax on the value of the trade-in against the sales tax on the new vehicle. this generally equals or outweighs the premium you'll get for selling the vehicle on your own.
Yup but not in the great state of California so moot point here.



OP it's Tahoe season in the Bay Area, you may get some BMW dealers who actually want the truck since it's an easy flip. I'd:

1) Negotiate M2 prices first. Call around...especially further outside SF (I'd go as far as Sacrament)
2) Find your best deal then see if other dealers can match
3) Once you have your best price, see what each dealer will give you on the trade and see which makes the most sense.

During that, I'd also list in on AutoTrader, CarMax, etc. and see if you get a bite in the interim.
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      01-04-2019, 12:22 AM   #6
aWanderlustSeoul
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OP, trucks usually have the lowest depreciation of any vehicles. So I would think your 2019 Toyota Tundra would be highly desirable and you would not take much of a hit if you were able to sell it privately or get a good trade in value. This does not take into account if the dealers you are negotiating with will give you a high trade in value for the truck but not willing to give you a good discount off a leftover new 2018 M2 LCI or a certified pre-owned with low miles.

I came across Edmunds and another site which may not help you get a ballpark idea on depreciation for a 2019 Toyota Tundra but at the minimum it appears depreciation is low. If the 2019 model is not a redesign with no major updates/changes, I would think the depreciation would be similar to a 2017/2018 model year.

https://www.edmunds.com/toyota/tundra/2018/cost-to-own/

https://usedfirst.com/cars/toyota/tundra/
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      01-04-2019, 04:21 PM   #7
Grrveer
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Thank you all for your input! I will try and list it on Craigslist/autotrader/cargurus until March and if I get no hits I will try to call around and see the best price I can get for the 2018 M2/truck. I have seen some good prices down in SoCal(~350 miles away), but dealers don’t usually give a quote for your trade-in without you bringing it in first. Hoping something works out.

Thanks again everyone!
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