How much is my 2005 BMW 1 Series worth?
Hi, could you please tell me how much our car is worth as a trade-in? It's a 2005 BMW 116i ES five-door in red, fully colour coded. It has 70,000 miles on the clock and it has climate control etc, etc, plus two years of NCT.
Thanking you
Ruairi Mc Carthy (Mullagh Co Cavan)Nov 2011 Filed under: used car values
Expert answer
Hi Ruairi,
As we say to all readers with similar questions, all trade-ins are only worth what the dealer thinks they're worth, so take this as a guideline only.
There seems to be a massive variation in pricing on the the 116i from 2005, varying from €7,000 - €9,000 on dealer forecourts. That indicates you should ask for in the region of €8,000 and be prepared to go down a little, though not much.
Make sure you try a few places to get the best deal.
Please do let us know how you get on with it
Shane O' Donoghue - Complete Car Adviser@Shane_O_D