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      09-24-2023, 07:15 PM   #1
bimmerwhale
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Why so many 2024 X7 traded-in?

Was choosing between 2024 X5 and 2024 X7 but eventually went with X5.

Then last week, I went to my dealer for a follow up and noticed that they have 5 to 6 2024 X7 each with 1k to 5k miles on them selling below MSRP. Yet there is no 2024 X5 traded in.

I was like, great, I made the right call. But I can't help ask myself, what's up with so many X7 trade-ins?
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      09-24-2023, 07:36 PM   #2
eelnoraa
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Are you sure they are trade ins?? 1k-5k seems more of demo or fleet cars to me. Used car selling below msrp is normal, right?
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      09-24-2023, 07:53 PM   #3
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Quote:
Originally Posted by eelnoraa View Post
Are you sure they are trade ins?? 1k-5k seems more of demo or fleet cars to me. Used car selling below msrp is normal, right?
Exactly what I was going to say. They could be corporate or press fleet vehicles. Could be from the BMW Championship.
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      09-24-2023, 09:00 PM   #4
bimmerwhale
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If you search their inventory online, 2024 X7 returns 8 cars, 5 of which are pre-owned. I copied and pasted them below. Any clue what's going on?

8 Vehicles for Sale in Chicago, IL
Used 2024
Pre-Owned 2024 BMW X7 xDrive40i xDrive40i
Stock: P25932
VIN: 5UX23EM05R9S29207
Mileage: 5,252

Used 2024
Pre-Owned 2024 BMW X7 xDrive40i xDrive40i
Stock: P25935
VIN: 5UX23EM0XR9S12080
Mileage: 4,265

Used 2024
Pre-Owned 2024 BMW X7 xDrive40i xDrive40i
Stock: P25930
VIN: 5UX23EM00R9S25470
Mileage: 1,593

Used 2024
Pre-Owned 2024 BMW X7 xDrive40i xDrive40i
Stock: P25931
VIN: 5UX23EM04R9S27495
Mileage: 2,010

Used 2024
Pre-Owned 2024 BMW X7 xDrive40i xDrive40i
Stock: P25933
VIN: 5UX23EM06R9S36229
Mileage: 5,041
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      09-24-2023, 09:08 PM   #5
mattsrs
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Quote:
Originally Posted by bimmerwhale View Post
If you search their inventory online, 2024 X7 returns 8 cars, 5 of which are pre-owned. I copied and pasted them below. Any clue what's going on?

8 Vehicles for Sale in Chicago, IL
Used 2024
Pre-Owned 2024 BMW X7 xDrive40i xDrive40i
Stock: P25932
VIN: 5UX23EM05R9S29207
Mileage: 5,252

Used 2024
Pre-Owned 2024 BMW X7 xDrive40i xDrive40i
Stock: P25935
VIN: 5UX23EM0XR9S12080
Mileage: 4,265

Used 2024
Pre-Owned 2024 BMW X7 xDrive40i xDrive40i
Stock: P25930
VIN: 5UX23EM00R9S25470
Mileage: 1,593

Used 2024
Pre-Owned 2024 BMW X7 xDrive40i xDrive40i
Stock: P25931
VIN: 5UX23EM04R9S27495
Mileage: 2,010

Used 2024
Pre-Owned 2024 BMW X7 xDrive40i xDrive40i
Stock: P25933
VIN: 5UX23EM06R9S36229
Mileage: 5,041
Check their carfax. They all say commercial vehicle so probably demo or loaner
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      09-24-2023, 09:24 PM   #6
sarafil
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All titled in Florida too - looks like they came from same place. I bet associated with BMW Championship (was in Chicago this year, PGA Tour based in FL)
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      09-24-2023, 09:35 PM   #7
bimmerwhale
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Quote:
Originally Posted by sarafil View Post
All titled in Florida too - looks like they came from same place. I bet associated with BMW Championship (was in Chicago this year, PGA Tour based in FL)
Good to know . That makes sense now. Thanks!
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      09-25-2023, 07:15 AM   #8
E91toG05
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Pretty sweet way to get a deal and also the CPO warranty.
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      09-25-2023, 08:54 AM   #9
Skimo612
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Quote:
Originally Posted by E91toG05 View Post
Pretty sweet way to get a deal and also the CPO warranty.
If they are selling them as CPO vehicles that can be pretty slick if you love to put the miles on; I think the CPO warrantee is limited purely by original sale date with unlimited miles?
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      09-25-2023, 09:05 AM   #10
Orient330iNYC
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they could also be brake booster failure trade assists- wait time to get replacement parts was over 5 weeks at some points so lemon law territory. not sure if a trade assist would show up like a lemon law buyback would.
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