Due to a new addition to the family…I am in need of trading in my 2022 X6 for an X7. Low local inventory has me looking to once again custom order my X7 built to my specs.

I’m trying to figure out the best way to make this exchange without leaving tons of money on the table. My X6 currently has a 20K payoff remaining with BMW Finance and 16K on the odometer. It also sounds like the custom order X7 would arrive 3 months out from now.

Should I payoff my X6, obtain the paper title and then shop it around or sell by owner? What are the challenges of selling higher cost vehicles (60K+) directly?

Should I go to Vroom/CarMax…or others? Does my remaining financing make this more difficult or would they simply pay it off to the lienholder/transfer e-title without blinking an eye?

If I want to do the trade in route to save the FL sales taxes (7%) on the deal…should I go to multiple dealers before I put in the X7 order? Will they commit to a trade-in value now (with mileage and condition stipulations?)

The X7 costs seem to all be fixed at MSRP for the special order…so not much shopping around on that…but how do I make sure I get max value out of my X6 with either a BMW dealer or use of a 3rd party reseller to make this a bit less painful.

I do have the resources to pay off car now…or potentially pay cash for the X7 upon delivery. With interest rates quite high and no promo rates on X7…the value proposition of using “their money” versus current market returns is making me think cash may be king right now.

Appreciate words of wisdom!