Is anyone having luck selling ?????

[Mark M]

BIMMERPOST / Classifieds

Asking Price:

None

Item Interest

Looks like there are A LOT of 1ers for sale in here.

Is anyone having luck selling theirs?

I would imagine resale of this car would be very difficult for the following potential reasons:

1. It is a very niche car. Not a broad target market for this car, very narrow. Two doors, two seater (for all intensive purposes) small sports coupe.

2. Economy. Not many people are really eager for self indulgence to buy a small sporty little two door rocket ship.

3. Financing. Not sure how many banks are providing favorable interest rates and extending financing for private party sales in this down economy.

That being said, I am considering selling mine, but am kinda shy. I'm not liking the idea of losing my shirt on depreciation. So are these things really selling on the resale market?

[BBBluey]

You forgot to mention cost of insurance. I'm paying out the @ss!

[Crashspeeder]

The way I see it, the 1er is geared specifically towards the younger crowd, the one BMW left behind when they moved the 3 series up a notch into 5 series territory. I don't think the 135 caters as much to that demographic as it could given its price. You'll most likely find (rich) parents buying this car for their kids brand new or older car enthusiasts buying them.

I, for example, am in the market for a car since I just got rear-ended this past weekend and must get a new car soon, however I can't afford the 135, even a 2008. My target price at the age of 23 is roughly ~$20K. For the performance a 135 affords me I can get a 2002-2004 M3. Sure, it's older, but it's iconic and naturally aspirated which means that if I wanted to (even though I probably won't) I could supercharge it down the line. The 135 doesn't have this luxury, though you can chip it for pretty good gains and even replace the turbos for bigger ones (maybe even sequential?).

I was already paying shitloads for insurance for my 325 so I doubt an M3 or 135 will change that by much. That's just my 2 cents.

[zoner]

I think you are right on. There is also a large gap between sellers and buyers. I have been in the market to buy and it seems that there are perhaps some sellers that got into more car than they could afford and thus are trying to get out more than is reasonable. Two year old vehicles with over 20K on them and they expect to lose only 6-7k that is not realistic. For that much I would rather buy new. Niche buyers like me can afford a 3 or near new 5 series but choose the 1er for the driving experience.

[theskunk]

I'm going to agree with the above -- I think i've seen two or three cars come through here that were priced at what I would consider to be 'right'. I currently drive a Honda, which is going to last forever. I don't NEED a 135i, but I want one, so when the right one comes along, then I will purchase one. Until the right price/options/location comes along... I'll be happy with my 34mpg indestrucamobile

[laotzu]

I've been in the market for a few months with full intentions of buying a 135i. Since I started looking only 2-3 have struck my interest but have fallen through.

Admittedly, I'm quite picky about what I want and I have time to wait for the perfect car to pop up, but here are the things that I've observed while shopping for this car:

1) Most 135is are Alpine White or Black. Where are all the SGMs, Dark Blues and Sedona Reds?

2) Lots of people who buy these cars modify them undesirably. Few people want to spend $30K+ for a car that has been tinkered with. Engine Mods, Rims, etc. are very niche and whether it's true or not gives off the impression that the car was beat on or tracked.

3) Many sellers have unrealistic asking prices. A new ED 135i can be had with nice options for $36K. I've seen 2008s with 20K miles with an asking price very close to that. A lot of sellers seem to think that their car is worth what they owe on it.

That being said, if anybody has a SGM, brown leather interior, 6-speed with the sports package for a reasonable price that hasn't been modified, hit me up

Good luck sellers.

[Crashspeeder]

I think you hit the nail on the head for most cars sold on forums in general. People aim far too high with their prices. Maybe it's because they expect to be lowballed, and I understand that side of it, but it also turns a lot of people off and makes the seller seems unreasonable or delusional. Others modify their cars and expect their car to be worth $20K more because they put $20K worth of mods into it without realizing that:
1: People may not like the mods
2: The car has still been DRIVEN and inherently costs less because of it
3: In the end a car is only worth what the buyer is willing to pay, not what the buyer wants.

[Jumpman]

I haven't had any interest yet in mine but I'm in a small market. I *think* I've priced it competitively, but time will tell.

[Crashspeeder]

You have, I looked at your car and simply sighed because I knew I couldn't afford it. The price is right, though, as far as I can tell. I was thinking about a 135 or an e46 M3 since they're both comparable in just about every aspect. I'm leaning towards the M3 mainly because it's an M3 and because it's currently more affordable than any 135.

[zoner]

ditto on the right price by Jumpman. I would be in to it but for the manual and colors. GL with the sale.

[ag02m5]

If there were just a few more Coral Red interiors for sale...there could be a purchase.

[UdubBadger]

its also winter in most areas... I'm holding off until spring/summer to get a 135 simply because I don't wanna drive it in the winter up here with RWD when I have AWD at my disposal.

Hang on to them until Feb/March and I bet interest goes back up again as people start thinking ahead to spring.

[natrotciv]

regardless of whether the seller is pricing the car at a retarded high offer to combat the lowballers, sellers still feel that when they do get lowballed, they dont want to lower the price because they believe they can still get more if they wait just a tad bit longer.

my theory? why wait? if you find a buyer that is willing to buy your car within 3k under your asking price (depends on how much youre asking, generally im reffering to 33k cars) why not just hop on the sale then? In the long run, youll save time and have the money in hand. yea you may loose some money, but money is better than none.

i dont see why people think they can push every penny out of a sale when they could easily make a sale and both parties be happy. but thats just my theory. im a college student and definitely can not afford half the cars on this forum just because the sellers are asking way too much, even if they are trying to counter lowballers.

but heres a word of advice, (learned from my professor) the best negotiation is when both parties are not happy but satisfied with the outcome. good luck to you sellers and if anyone is selling an AW or sexy black 135 coupe 6spd, lmk and we can work something out

[ersatzS2]

http://www.cars.com/go/advice/Story....=classResidual

interesting Cars.com lists the 1 series on their top ten list of 'best resale values' So I guess they are selling somewhere.

I've had zero interest so will just be trading it in.

[zoner]

so what are you getting instead?

[zoner]

Originally Posted by natrotciv

regardless of whether the seller is pricing the car at a retarded high offer to combat the lowballers, sellers still feel that when they do get lowballed, they dont want to lower the price because they believe they can still get more if they wait just a tad bit longer.

my theory? why wait? if you find a buyer that is willing to buy your car within 3k under your asking price (depends on how much youre asking, generally im reffering to 33k cars) why not just hop on the sale then? In the long run, youll save time and have the money in hand. yea you may loose some money, but money is better than none.

i dont see why people think they can push every penny out of a sale when they could easily make a sale and both parties be happy. but thats just my theory. im a college student and definitely can not afford half the cars on this forum just because the sellers are asking way too much, even if they are trying to counter lowballers.

but heres a word of advice, (learned from my professor) the best negotiation is when both parties are not happy but satisfied with the outcome. good luck to you sellers and if anyone is selling an AW or sexy black 135 coupe 6spd, lmk and we can work something out

Agreed, I hesitated to make an offer on a car I liked earlier this year because the asking price was way out of whack. Turns out the car sold for 5K less than asking but that was 1K less than I was willing to pay. The seller lost out by being too greedy at the outset.

[trboboost91]

is this the idea of "priced right"???

http://cgi.ebay.com/ebaymotors/BMW-1...item2557792725

[UdubBadger]

Originally Posted by trboboost91

is this the idea of "priced right"???

http://cgi.ebay.com/ebaymotors/BMW-1...item2557792725

no cuz I've seen that one on eBay for about 2 months now... its not selling either.

[dimyself]

Originally Posted by UdubBadger

no cuz I've seen that one on eBay for about 2 months now... its not selling either.

I've been looking at this 135i and am interested in it, but it just sitting there. Either something wrong with it, or no market. Do you guys think the market will go back up?? I mean, if I buy this 135i for 26k, will I be able to resale later on for same price? I know this all depends on the market, BUT it just seems like a really bad market. I mean 26k is below kbb, but it still isnt selling. I just wonder if demand will go back up?

[UdubBadger]

Originally Posted by dimyself

I've been looking at this 135i and am interested in it, but it just sitting there. Either something wrong with it, or no market. Do you guys think the market will go back up?? I mean, if I buy this 135i for 26k, will I be able to resale later on for same price? I know this all depends on the market, BUT it just seems like a really bad market. I mean 26k is below kbb, but it still isnt selling. I just wonder if demand will go back up?

it could be a good buy. it is an 08 and possibly an 07 in service date so you might be looking at a 2 yr old car right there... I'd certainly consider it if the carfax and an inspection check out ok.

[dimyself]

Originally Posted by UdubBadger

it could be a good buy. it is an 08 and possibly an 07 in service date so you might be looking at a 2 yr old car right there... I'd certainly consider it if the carfax and an inspection check out ok.

Autocheck says clean, however isn't updated because the owner just now registering it anad working through a lien release on title.

It's under warranty, but I can't inspect cause I'm not in cali

[UdubBadger]

yeah that sucks not being local. You could always call a local shop and ask them to do an inspection for you... cost ya a little but at least you'd know what, if anything, is worn out on the car.