"Market Price" of a slightly used 1M

FS993 · 10-03-2011, 07:52 PM

Thanks guys. I'm glad to see I'm not the only one who believes in the forces of supply and demand. Cheers!

LOVEM · 10-05-2011, 04:40 PM

50 K Is The Offer From A Friend Of Mine .since He Is Been Looking And Gave Up His Hopes.

LateralG'z · 10-05-2011, 08:28 PM

Is it still for sale and I am interested and can make a decent cash offer?

FS993 · 10-05-2011, 09:56 PM

pm sent...

bmwproblem · 10-06-2011, 05:44 AM

I am in fort myers, pm me

firechicken99 · 10-06-2011, 07:09 AM

That was exactly what the manager at the dealership im picking my M up at this saturday said. "You know you could drive this thing home and sell it for 5+k more than you paid for it..." lol

I told him the car is never leaving my sight!

rmm3 · 11-30-2011, 09:55 PM

Interested in your car, but I'm new here and can't send PM's. Shoot me a PM

Thanks
Rick

Quote:

Originally Posted by FS993

No need to create controversy here, but I wanted opinions on how to advertise my 1M if what I'm looking for is "market price". I know a lot of people in this forum would not buy (or sell?) their cars for a penny over MSRP, but I guess I'm one of those who believes in an open market.

In any case, some of you know from an earlier post that I'm leaving the US for at least a couple of years and am considering selling the car. It is AW, has less than 3K miles and is like new. Only options are Harman Kardon, iPod USB, BMW assist and bluetooth.

Other than putting it on ebay, other ideas to determine market price? Thanks.

Beemer22 · 11-30-2011, 10:26 PM

Quote:

Originally Posted by FS993

For those who think I want "approval" by posting this. Seriously, how many people, even in this forum, would sell their cars for 45K if you know you can get, say 52-54K. I've already gotten an offer for MSRP, which for this car is ~50K

Really? Would you really leave 7-9K on the table? Wow, gs/e60/1m, I would really want to see you on the selling side to see if you really mean what you're saying.

Don't pay too much attention on the responses here. Hypocrisy rules on the forums. Ask $60K obo.

You have a car that is no longer being made and less than 1000 cars in the country. You can get all the money for it. Also, you have the best color, the demand for Alpine White is waaaaaay more than the orange or black.
Not to mention, since you don't have the NAV, the car doesn't have any component that will be outdated. You have the ace in your hand.

I suggest you stay away from this forum
GLWS

ESC OFF · 11-30-2011, 10:33 PM

Just sell it and move on...no need to post here...

E82M · 11-30-2011, 10:35 PM

^^ this!

You have ace in your hands.

PHANTOM · 11-30-2011, 11:13 PM

The market is 3K over on new cars so I would say MSRP for a slightly used 1M.

RaptorKTM · 11-30-2011, 11:15 PM

If you that concerned sell your car at what you want to get for it. People these days dont give a rats ass about low balling. Its second nature to most buyers these days.

Beemer22 · 12-01-2011, 12:43 AM

Quote:

Originally Posted by PHANTOM

The market is 3K over on new cars so I would say MSRP for a slightly used 1M.

I just sold my 2002 BMW M3 with 85K miles or 28K. the book is 18K.

The market is what someone is willing to pay for your car.

M3 Adjuster · 12-01-2011, 12:58 AM

Quote:

Originally Posted by Beemer22

The market is what someone is willing to pay for your car.

That's not the market or the market price. The market price is what a preponderance of buyers would pay.

However, that said, when selling an item, I agree, one only needs to find a single buyer to pay one's asking price. Oftentimes it doesn't matter what the market price is if the item is unique or in high demand.

MusclezMarinara · 12-01-2011, 08:47 AM

Car could be worth 70k to someone who wants one... remeber its a collectors item... list it for what you want OP, best of luck

PHANTOM · 12-02-2011, 01:05 PM

Quote:

Originally Posted by Beemer22

I just sold my 2002 BMW M3 with 85K miles or 28K. the book is 18K.

The market is what someone is willing to pay for your car.

I didn't say the "book" is 3K over I said the market is 3K over. How do I know this? Because thats what I can buy at least 2 1Ms sitting in dealerships for.

Beemer22 · 12-02-2011, 01:59 PM

Quote:

Originally Posted by PHANTOM

I didn't say the "book" is 3K over I said the market is 3K over. How do I know this? Because thats what I can buy at least 2 1Ms sitting in dealerships for.

Yes but Alpine White??

Probably not.

PHANTOM · 12-02-2011, 02:12 PM

Quote:

Originally Posted by Beemer22

Yes but Alpine White??

Probably not.

Actually Alpine White is the only color I've been looking for. I have a deal @ $2500 over, AW, new car, no bullshit. I already own an orange one.

robertm · 12-02-2011, 02:37 PM

Quote:

Originally Posted by PHANTOM

Actually Alpine White is the only color I've been looking for. I have a deal @ $2500 over, AW, new car, no bullshit. I already own an orange one.

Whatcha gonna do with the second one? Say Race Car, please say Race Car dam it!

Beemer22 · 12-02-2011, 03:51 PM

Quote:

Originally Posted by PHANTOM

Actually Alpine White is the only color I've been looking for. I have a deal @ $2500 over, AW, new car, no bullshit. I already own an orange one.

I did post a new one at MSRP a few days ago. AW

1SerieStud · 12-02-2011, 04:07 PM

Quote:

Originally Posted by Beemer22

Yes but Alpine White??

Probably not.

you act like AW is the last glass of water in the desert. As posted above, there are quite a few AW's available at the moment.

Beemer22 · 12-02-2011, 05:21 PM

Not water, just the best color for the 1M

10-03-2011, 07:52 PM	#23
FS993 Enlisted Member 9 Rep 47 Posts Drives: M4 Join Date: May 2011 Location: Miami iTrader: (0)	Thanks guys. I'm glad to see I'm not the only one who believes in the forces of supply and demand. Cheers!
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10-05-2011, 04:40 PM	#24
LOVEM Major 87 Rep 1,085 Posts Drives: 2011 1m VO Join Date: Jul 2011 Location: Texas iTrader: (0)	50 K Is The Offer From A Friend Of Mine .since He Is Been Looking And Gave Up His Hopes.
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10-05-2011, 08:28 PM	#25
LateralG'z Private 1 Rep 80 Posts Drives: Hopefully a 1M Join Date: Oct 2011 Location: USA iTrader: (0)	Is it still for sale and I am interested and can make a decent cash offer?
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10-05-2011, 09:56 PM	#26
FS993 Enlisted Member 9 Rep 47 Posts Drives: M4 Join Date: May 2011 Location: Miami iTrader: (0)	pm sent...
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10-06-2011, 05:44 AM	#27
bmwproblem New Member 0 Rep 20 Posts Drives: 1M, 128i, e30 M3, 3.0 CS Join Date: Oct 2011 Location: SW Florida iTrader: (0)	I am interested and I am in Florida I am in fort myers, pm me
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10-06-2011, 07:09 AM	#28
firechicken99 Major 33 Rep 1,035 Posts Drives: Black '07 335i Join Date: Mar 2011 Location: United States iTrader: (0)	That was exactly what the manager at the dealership im picking my M up at this saturday said. "You know you could drive this thing home and sell it for 5+k more than you paid for it..." lol I told him the car is never leaving my sight!
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11-30-2011, 10:33 PM	#31
ESC OFF Major 40 Rep 1,058 Posts Drives: 1M, CaymanS, 914, 500 Abarth Join Date: Oct 2009 Location: Chicago iTrader: (0)	Just sell it and move on...no need to post here... __________________ The faster you go, the better it feels
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11-30-2011, 10:35 PM	#32
E82M Private 15 Rep 51 Posts Drives: 2011 AW E82 M Join Date: Sep 2011 Location: Vancouver, BC Canada iTrader: (0)	^^ this! You have ace in your hands.
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11-30-2011, 11:13 PM	#33
PHANTOM Private First Class 31 Rep 148 Posts Drives: 1M, X5d Join Date: Oct 2011 Location: Palm Beach iTrader: (0)	The market is 3K over on new cars so I would say MSRP for a slightly used 1M.
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11-30-2011, 11:15 PM	#34
RaptorKTM Colonel 234 Rep 2,366 Posts Drives: 1 M Coupe Join Date: Apr 2006 Location: San Diego iTrader: (1) Garage List 2011 BMW 1 M [0.00]	If you that concerned sell your car at what you want to get for it. People these days dont give a rats ass about low balling. Its second nature to most buyers these days.
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12-01-2011, 08:47 AM	#37
MusclezMarinara Banned 262 Rep 5,018 Posts Drives: VALNCYA Join Date: Jan 2009 Location: Jersey iTrader: (23) Garage List 2011 BMW 1M [9.22] 2009 335i Sedan xdrive [9.34]	Car could be worth 70k to someone who wants one... remeber its a collectors item... list it for what you want OP, best of luck
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12-02-2011, 05:21 PM	#44
Beemer22 Banned 11 Rep 233 Posts Drives: SOLD: 2002 BMW M3, 2011 BMW 1M Join Date: Apr 2010 Location: California iTrader: (0)	Not water, just the best color for the 1M
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