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      11-01-2013, 12:29 PM   #1
Shaw
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Drives: 2016 X5 35d | 2019 X3 30i
Join Date: May 2011
Location: Toronto

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Trade-in vs. private sell

I know this might have been asked many times...
I am probably looking at purchasing the new X5 (replacing the X3).
My 2011 X3 28i's mileage has only 19,000km (12,000miles) on it...so a very attractive used car.
The dealer is suggesting a price that I think is $4-5k lower than market value. I know they offer wholesale auction prices...
I'm also aware of the tax saving incentives that I get by trade-in.
So typically the question is, does it make sense to sell the car private and get more money or do the trade-in. I've never sold a car private before so any thoughts from experienced folks here is much appreciated...
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