Amount of previous owners??

jayely1 · 11-29-2012, 02:37 AM

Just curious, would the value of a car go down if lets say you're the 4th owner of the car? Would it be harder to sell? Thanks guys..

Thrakos · 11-29-2012, 05:13 AM

..having purchased many vehicles over the years, I am more concerend with the condition a vehicle is in and checking the maintenance records. If no maintenance records are available, I don't touch it as there could be a slew of issues the current seller might not be aware of.

gpb · 11-29-2012, 06:48 AM

Number of owners is irrelevant. It's the pattern and duration of ownership.

Multiple owners in a short, recent period would be a yellow flag to many buyers as they'd wonder why people were to eager to get rid of it. Multiple owners in the past, current owner has had it four years, no big deal.

Karbon · 11-29-2012, 10:12 AM

Quote:

Originally Posted by gpb

Number of owners is irrelevant. It's the pattern and duration of ownership.

Multiple owners in a short, recent period would be a yellow flag to many buyers as they'd wonder why people were to eager to get rid of it. Multiple owners in the past, current owner has had it four years, no big deal.

This.

The number of owners doesn't mean a thing if they car is well taken care of and maintained correctly.

calvinwu · 11-29-2012, 10:16 AM

To purchase a car, the only concern of mine is "how is the condition of the car"~~

E92 M Sport · 11-29-2012, 04:39 PM

I wouldn't buy it. My limit is 1. The only other way I'd consider more than 1 is if I knew the other owner(s).

wdlfbio · 11-29-2012, 06:15 PM

Dependent upon the age of the vehicle. The older the car, the less I'm worried about how many other boyfriends she's had and more about her current condition. But if she's been passed around a lot in the last couple of years, I may not buy the cow...errrr car

e92oholic · 11-29-2012, 06:16 PM

Quote:

Originally Posted by gpb

Number of owners is irrelevant. It's the pattern and duration of ownership.

Multiple owners in a short, recent period would be a yellow flag to many buyers as they'd wonder why people were to eager to get rid of it. Multiple owners in the past, current owner has had it four years, no big deal.

My mothers old X5 when we traded it in showed 5 owners on the car fax.. We owned it since brand new.... FYI

gpb · 11-30-2012, 07:29 AM

Quote:

Originally Posted by e60oholic

My mothers old X5 when we traded it in showed 5 owners on the car fax.. We owned it since brand new.... FYI

We're talking about individul owners not institutional owners, I believe. Most cars will show multiple institutional owners even if only one person has had it since delivery.

It's if a car has been owned by multiple unrelated people in a short period of time that I'd wonder why each person decided they needed to get rid of it after a sort time driving the car. What is wrong that an inspection isn't finding?

11-29-2012, 02:37 AM	#1
jayely1 Colonel 223 Rep 2,076 Posts Drives: 335i Join Date: Jun 2008 Location: New Mexico/Illinois iTrader: (1)	Amount of previous owners?? Just curious, would the value of a car go down if lets say you're the 4th owner of the car? Would it be harder to sell? Thanks guys..
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11-29-2012, 05:13 AM	#2
Thrakos Audaces fortuna juvat 9 Rep 543 Posts Drives: Black E90 328xi Join Date: Nov 2012 Location: Canada, eh iTrader: (1)	..having purchased many vehicles over the years, I am more concerend with the condition a vehicle is in and checking the maintenance records. If no maintenance records are available, I don't touch it as there could be a slew of issues the current seller might not be aware of.
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11-29-2012, 06:48 AM	#3
gpb First Lieutenant 5 Rep 393 Posts Drives: 335i Cabrio Join Date: Sep 2012 Location: Atlanta iTrader: (0)	Number of owners is irrelevant. It's the pattern and duration of ownership. Multiple owners in a short, recent period would be a yellow flag to many buyers as they'd wonder why people were to eager to get rid of it. Multiple owners in the past, current owner has had it four years, no big deal.
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11-29-2012, 10:16 AM	#5
calvinwu Private 3 Rep 99 Posts Drives: 2006 E90 330i Join Date: Nov 2012 Location: Los Angelas iTrader: (0) Garage List 1991 Nissan [9.00] 2006 BMW E90 330i [8.00]	To purchase a car, the only concern of mine is "how is the condition of the car"~~ __________________ 2006 Lamborghini Gallado / 1997 E36 328 coupe / 1991 Z32 300zxTT Stage XII 1996 Mustang Cobra Sold 1994 E31 850csi Sold
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11-29-2012, 04:39 PM	#6
E92 M Sport Lieutenant 287 Rep 398 Posts Drives: 2016 F82 Join Date: Aug 2012 Location: NJ iTrader: (0)	I wouldn't buy it. My limit is 1. The only other way I'd consider more than 1 is if I knew the other owner(s). __________________ 2016 M4 MW/SS 6mt
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11-29-2012, 06:15 PM	#7
wdlfbio Captain 68 Rep 796 Posts Drives: 2013 4S, 2015 3500 HD Dually, Join Date: Dec 2006 Location: Maple Valley, WA iTrader: (1)	Dependent upon the age of the vehicle. The older the car, the less I'm worried about how many other boyfriends she's had and more about her current condition. But if she's been passed around a lot in the last couple of years, I may not buy the cow...errrr car __________________ '16 235i '15 3500 HD Dually '13 C4S
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