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      11-03-2013, 12:21 AM   #364
fireroasted
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Drives: X5
Join Date: Jul 2013
Location: SoCal

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He folks that are selling 1ms, are able or willing to hold on to them and wait for the 60k buyers. I have been shopping for a while and all the same cars are still for sale since June. Even these salvage ones are not selling, as those sellers seem to want 50k for a salvage version.

I saw several auctions go into 38k for a salvage without meeting reserve. I thought 35k was good value to offset the title issue, but was willing to go 40. However now the last several sees the eventual price to market correction happening, as the last two only got a 34k VO and a 32k Black highest bid. I think the new M2 and M4 announcement has buyers re evaluating the salvage hit when 45 or 50 gets them a new one of those.

There was even a scammer add on CL for 20k.

Some of those folks that are flippers and not drivers/owners may be sorry if they don't adjust their expectations in pricing soon. Some however are just fishing ads because they don't really need or want to sell anyway.
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