If you have a good bit of mods, selling outright may be a better idea. Most trade-in deals will screw you (doubly if you have mods). Check kbb.com they are accurate, usually it says your car is worth a bit more that it will sell for.
Sorry to hear it, however.
If you are not getting another BMW, check out the 06 eclipse. I drove one and they are fast! Just japanese...
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