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Old 08-24-2008, 08:34 PM
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JCL JCL is offline
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Join Date: Mar 2005
Location: Vancouver, Canada
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Quote:
Originally Posted by y5choi
NO way man. I'd definitely go down further than the invoice price. I mean it's got 110 miles on it. As soon as i drove my new x5 off the lot, my insurance company depreciated it 10% (classified as used)

It wasn't depreciated for the miles you put on it, but because you registered it. If you had registered and insured it, and carried it off on a trailer, it would have depreciated the same.

I wouldn't worry about 110 miles at all. The only thing that matters is how much you get on the trade, ie the cash difference. The price is OK, but without knowing the trade price you only have half the info.
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