I took a similar hit when I traded in my 350. I got 2k less than KBB and what I wanted for it. In my case, I didn't want to go through the hassles of doing a private sale, so I let it go. Plus, it took me a while to find the 370 I wanted so I wasn't gonna just let it go.
3 weeks later I drove by the same dealer and saw them selling my 350 for 5k more than what they got if for =).
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