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11-28-2018, 07:39 AM | #3 |
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Have to agree that the price is high. According to NADA, clean retail is $14,900. Since you are a private party seller, you'll probably see in the high 13s. GLWS.... and great choice on picking up the M2C, nice car....
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11-28-2018, 02:33 PM | #4 |
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There is a for sale section in this forum. Congrats on the M2.
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11-28-2018, 06:39 PM | #5 |
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Does your 128i come with a diamond In the backseat?
$20k for an autobox 128i with 58k miles is nutty. If it was a manual you could swing that kinda of premium...to the right buyer.
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11-28-2018, 06:59 PM | #6 |
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Yeah, I bought my manual, 2012 135i six months ago for $19,999 with 38,000 miles, and that was from CarMax, who isn't exactly known for having the best deals. Even $15K sounds optimistic to me for this 128i with an auto.
Last edited by duder13; 11-28-2018 at 08:11 PM.. |
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11-28-2018, 07:30 PM | #7 | |
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11-28-2018, 07:57 PM | #8 |
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This is my first BMW, I've been taken good care of it. I understand it's on the high side of estimated sale price for 128i. But with all the add-on (OEM CF spoiler, OEM black front grill, OEM black wheel with Bridgestone run flat tire, red seats and a new set of OEM silver M sports wheel), I feel like I'm not asking for too much. If I have bought a SUV instead of M2C, I'll definitely keep this in my garage.
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11-28-2018, 08:02 PM | #9 |
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$20k for an Auto with 60k miles is insane, to be frank. $20k for any 1'er (other than a 1M) with 60k miles is insane (except maybe a stock, pristine 135i). I love the 128i as much as the next guy, but that price would have me laughing (which it is) even if it had less than 10k miles. Mods don't add value, they traditionally take it away (you never know who installed them, or how they were installed), and OEM wheels can be found anywhere for comparative pennies. Good luck with the sale, but you aren't getting that kind of money.
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11-28-2018, 08:15 PM | #10 |
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Here is a comp from CarMax for $13,999 for a 2012 with 58K miles, and, as I mentioned earlier, that's not usually the place for the best deals, although one can occasionally find a deal there:
https://www.carmax.com/car/16547312 I don't want to harp too much on it, and good luck to you, but I think the price is pretty far out of line, which is why many of us are mentioning it. Last edited by duder13; 11-28-2018 at 08:20 PM.. |
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11-28-2018, 08:27 PM | #11 | |
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As far as the add-on - all parts were installed at the Houston dealer, wheels and tires at discount tire right after delivery. |
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11-28-2018, 08:47 PM | #12 | |
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So if the basic 128 model you mentioned that has same mileage sells for $13,998, I would think it's fair for mine that has a more sporty looking, with some cool OEM add-ons and an extra set of new OEM silver M-sports wheels to be a few grands higher. What do you think would be a fair selling price? |
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11-28-2018, 09:01 PM | #13 |
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This is the key phrase here. While your car is special to you, it is not special to the market; it is a standard 128i with an automatic. You may be able to get a bit more for the service history, the color combination, and the M-Sport package from the right buyer, but the mods don't count unless you sell them separately.
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11-28-2018, 09:19 PM | #14 | |
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Kelly Blue book for the car is between around $12,500-$14,500 selling private party, and trade in value is around $9500-$11,700. I'm guessing you'll get $13,500, but it just depends on the buyer. If it was a manual, you might've been able to find someone who'll pay more than Blue Book, but I don't think ext/int colors will matter on an auto. Last edited by duder13; 11-28-2018 at 09:25 PM.. |
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11-28-2018, 09:23 PM | #15 |
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11-28-2018, 09:32 PM | #16 | |
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Aren't people buying 1 series for its special sporty look? |
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11-28-2018, 09:44 PM | #17 |
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She did say OBO.. give her a break.. if she doesn't find a buyer at this price she will have to lower it or keep it. Not sure why you are trying to convince her how much it's worth. Isn't it worth what someone is willing to pay for it?
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11-28-2018, 09:52 PM | #18 |
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Thank you so much! I'm trying to find somebody that appreciates and enjoys this car as much as I do.
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11-28-2018, 10:13 PM | #20 | ||
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Modifications don't add value. Often they knock the value down. Don't believe us, check the interwebz. https://instamotor.com/sell-car/car-...t-resale-value https://jalopnik.com/sorry-folks-mod...s-v-1621595096 https://www.reddit.com/r/cars/commen...r_value_added/ A new 230 coupe starts at 35k before discounts. For about 15k more than what you want I can get a new car with a warranty, seats nobody farted in before me, lower interest rate, and 60k less miles. Or, I can go on BMWUSA.COM and the first one that pops up is a CPO 2016 with the same miles for the same 20k. Which one would you buy? Don't believe me? https://cpo.bmwusa.com/used/2016-BMW...8562?zip=80122 Quote:
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11-28-2018, 10:30 PM | #21 |
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Don't mean to pile on, but you're pricing based on emotion which is way out of whack from what market value is. This is the same thing that happens when someone sells their home. Everyone thinks what they have is special. But it's only special to you. As Tomm indicated above, mods can some times lower the value of your car due to the question of how the mods were done. Even if there is no question of how the mods were installed and if the mods in question would lead a buyer to wonder if the car was beat on, at most you might get a few hundred over market. Certainly not thousands.
As to the comment of OBO, yes, she can lower the price if there are no takers. But the same applies with pricing homes. If you price it way out of line, you'll turn off many prospective buyers immediately. I know I wouldn't even bother inquiring and negotiating as the delta between market and asking is so far apart. |
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11-28-2018, 10:36 PM | #22 |
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Sure, but I think most of us are simply saying it may not be a great strategy to price the car nearly 50% over market value, but the to each his/her own.
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