[Chad20]

BMW 07 328i 134,000 miles sapphire metallic black with black interior , no options. Burl walnut wood . 8/10 exterior 9.5/interior - screen has lost most pixels especially when warmed up , blinker is out. I'm asking $9500 but am willing to take 8750 at my lowest is that reasonable ? Keep in. Mind I live south of sacrameto where there are no car dealerships with reasonable pricing .

[driverman]

According to Kelly Blue Book, assuming you have a sedan with AT and it's in Very Good condition, it's worth $8200 in a Private Party sale.
You can price it yourself at www.kbb.com.

[Harmander]

price seems high, I sold my 328xi with 114k miles and similar options for about 8000.

[Chad20]

Originally Posted by Harmander

price seems high, I sold my 328xi with 114k miles and similar options for about 8000.

This sucks :/ I bought it one year ago for 12,500$ and put 3,500 into it so if I sell it even for 8750 I'm at a 7,250$ loss in just a year

[GMe90]

Just keep your car. But if you have to sell, at least price it, so that there is an 8 in front of it. Like $8,990.

[Kolyan2k]

nada is at $8.8 max for a perfect condition. if carfax is not clean and some issues here and there then $7-7.5 is more like it

[Fortyb]

Man it's sad to see that our cars are going for this price when they still look so dam good...I'm never selling my car...I'm riding this thing until the wheels literally fall off.

[Chad20]

Originally Posted by Fortyb

Man it's sad to see that our cars are going for this price when they still look so dam good...I'm never selling my car...I'm riding this thing until the wheels literally fall off.

My car essentially lost 80% of it's value . I'm shocked . At this rate in 3-5 more years my BMW will be worth 1,000$ lol

[Fortyb]

Originally Posted by Chad20

My car essentially lost 80% of it's value . I'm shocked . At this rate in 3-5 more years my BMW will be worth 1,000$ lol

Not true..Your car is probably going to stay at about 8k for the next few years.. Hell look at how much an e30 goes for..You can still find 1 for about $4500. Are an e36 for about 5-6K.. So at some point between 7-8K these cars will bottom out at those prices. IMO

[GMe90]

The sales guy always tell you how a 3 series has one of the best resale values. I don't see how this can be true. The loses at least $5k a year, and that's an average over the life of the car. The first three years are killer.

[Turb0Surge]

Originally Posted by GMe90

The sales guy always tell you how a 3 series has one of the best resale values. I don't see how this can be true. The loses at least $5k a year, and that's an average over the life of the car. The first three years are killer.

Think your 3 series lost value fast? Try a loaded 7 series that sold for 90k+ new that you can now get for 15-20k.

[BMRSEB]

That's why you don't buy new.. Let someone else take the hit and get the "best" used you can find..

[ALPINWEISS330i]

Buy a luxury German vehicle, expect to have horrible resale value. People have it programmed in their head that German cars are expensive to repair and needs repairs often. They don't have the same mindset with something like a Lexus IS250. Thus why the IS250 have such good resale value. Same with the Camry.

OP, look at other similar E90s around your area, including the Bay Area and Sacramento. See how much those are going for and set your price accordingly.

Don't know why people go by what KBB and Nada says. The value of the car is judge by what the market is willing to pay. From my experience KBB and Nada undervalue our cars.

[Chad20]

Originally Posted by ALPINWEISS330i

Buy a luxury German vehicle, expect to have horrible resale value. People have it programmed in their head that German cars are expensive to repair and needs repairs often. They don't have the same mindset with something like a Lexus IS250. Thus why the IS250 have such good resale value. Same with the Camry.

OP, look at other similar E90s around your area, including the Bay Area and Sacramento. See how much those are going for and set your price accordingly.

Don't know why people go by what KBB and Nada says. The value of the car is judge by what the market is willing to pay. From my experience KBB and Nada undervalue our cars.

I completely agree with values and people assuming the worst since it's a BMW the first thing people ask me is how is the maintenance . They automatically assume because it's a BMW then it's 10,000$ a year to maintain . They hear stories about 7 series and since they aren't familiar with them assume all bmws are the same . Remind me to never buy a BMW with over 100,000 miles . They are impossible to sell after that .

[Bob Shiftright]

"For fun", I looked up the NADA trade-in price for my E91 and semi-comparable 2008s with low mileage, manual transmissions, and sport suspensions (if available).

Ignoring the original Monroney sticker price, the E91 came in second with the IS 250 worth $1000 more, the Cadillac CTS worth $400 less than the E91, the Acura TL-S $1,225 less, and the 2008 SAAB 9-5 Combi was in last place worth $8,163 less than the E91 as a trade in.

It's worse than a Lexus. But better than a SAAB. (Though SAABs depreciated like yesterday's sushi long before the company went out of business.) BMWs are desirable as used cars -- just not as desirable (or reliable) as a Toyota/Lexus.

[335i Bubblehead]

Upgrades and Mods don't mean much to the average person unfortunately. Most only care about if it goes, stop, look good on the inside... New cars value deteriorate heavily especially by high milage put on them.

You cannot value them like old hot rods and customs...

I bought a pristine E36 convertible years ago, put all M-Suspension, wheels, etc, etc on it...more than what I paid for the car and unfortunately, I still got less than what I purchased it for...even with a new top. I was bummed but... thats the way it is.

Any car is only worth what someone will pay for it.

[Taskmaster]

I bought mine for almost 18K a year ago - a 328 sedan and I thought I got a decent deal. Guess not.

[mlifxs]

from what I understand, the value can't go negative.

[AceOnShake]

You got to get a good deal if your going to end up selling it after a year! I have bought like 10 cars and driven them for like 3- 6months and always made double or a good amount on money on them. The key is do simple maintenance and do a good inspection. I know what to look out for and if they seller doesn't acknowledge that something is wrong I walk away. I understand most won't say oh yeah this and that about small stuff.

For example I was scrolling through ebay and found a 3k 1998 328i sedan. He was local and offered him 1500 after talking to him. Went there and he didn't tell me about the starting issue and got it for 1150. I could never diagnose that guy because it was intermittent. Ended up selling it for 2800 3 months later. Seller put it up on craigslist 3 months later and fixed the fuel pump and starter. I texted him and said I told you its not the starter why'd you replace it he says my mechanic said it was and then ended up doing the fuel pump after. He spent 1500 bucks just on those two and he said I hate bmws lol.

[Kolyan2k]

Yeah, to avoid big depreciation you must not buy new and must get a good deal on used as well. As I always say in these threads, getting a car below Nada trade-in is a good deal, Retail will get you screwed big time

[m@rco]

Do you really need to sell your car? If you keep it another year, the depreciation per year has reduced significantly. Bear in mind that dealerships need to make a margin on their cars, typically $4000, to pay for employees, building, etc. No use to complain about that. These cars will run forever - provided that you maintain them. Buying a new car will put you in the same position a year from now with your new car

[tmo24]

Originally Posted by mlifxs

from what I understand, the value can't go negative.

It sure can. If the thing rots and you can't sell it, you may have to pay someone to tow it to a wrecking yard. That would create negative value.