E90Post
 


Extreme Power House
 
BMW 3-Series (E90 E92) Forum > E90/E92/E93 Marketplace (For Sale / Trade / Wanted) > Private Owners For Sale / Trade / Wanted > Misc. Car Items > Cost of Goods sold pricing



Reply
 
Thread Tools Search this Thread
      05-08-2012, 10:17 PM   #1
VaDuro
Second Lieutenant
 
VaDuro's Avatar
 
Drives: 335xi
Join Date: Nov 2011
Location: South NYC

Posts: 216
iTrader: (2)

Cost of Goods sold pricing

BIMMERPOST / Classifieds
Asking Price:
None
Item Interest
This one will get me flamed but I’m just throwing it out there, Have been surfing the forum for a few months now and I have to say that it's pretty much become my daily routine like Facebook and shit. But I am trying to piece together some parts here and there while learning and making new friends at the same time.

Getting to the point….
There should be a standard when selling purchased goods, used or not. I understand that there are certain things like the 1M that can command their own price, but I mean small things like wheels and other mods should have a standard 20% reduction then depreciate by condition.

E.G. Cobb AP
Retail $895 -20% = Resale Price $716 Shipped – Which is the FMV for this particular item clean and in good working order
The average is $700, which is on par with my concept here.

Now let’s take an Avant Garde M359 19” With a little rash on 1 wheel, no tires
Retail $1099-20%=$879 – Condition thereafter, which should equal the cost of repair, let’s say $100 per wheel for sake of argument using whatever process that you believe in. This brings the AG M359 wheels to $779 which is a fair price for the resold wheels in like new condition.

Now this model can be applied to price lots of items and is also a way everyone can win. This concept is not new, it is also how you get the car values. KBB uses a similar pricing model but with real market data and more complex algorithms of course but it does keep the seller and buyer in an agreement when determining value and depreciation.

Of course this does not apply to shipping, rare goods, or in any way have to with bargaining but just my .02 to keep the trade moving.

VaDuro is offline   United_States
0
Reply With Quote
      05-08-2012, 10:54 PM   #2
Cisco661
Cisco661
 
Cisco661's Avatar
 
Drives: 2006 Monaco Blue 330I
Join Date: Jul 2011
Location: California

Posts: 919
iTrader: (17)

Garage List
2006 BMW 330i  [0.00]
True. Some members asking for full prices as of they were a vendor.
__________________
2006 330i/ Monaco Blue/ ZSP/ ZPP/ I Drive/ Burl Walnut Trim/ Steptronic/ Xenon Adaptives/ Logic7/ CF Mirror Caps/ Matte Black Grills
Cisco661 is offline   United_States
0
Reply With Quote
      05-09-2012, 08:21 PM   #3
JoeyBananaz18
Brigadier General
 
JoeyBananaz18's Avatar
 
Drives: metrocard
Join Date: May 2009
Location: Whitestone, NY

Posts: 3,747
iTrader: (3)

True. But in the case of the wheels, the shop that the seller may use to repair the wheel may only charge $50, where as the shop that the buyer may use may charge $100. Which means the seller thinks that the wheels are valued at $50 more than the buyer.
I agree with what you're saying. The best advice I can give is to shop around, know what the going price for certain things are, and don't be afraid to haggle. In some cases sme people just want it out of their garage.
__________________
7/18/09- I pick up my baby- 2009 E92 335i Xdrive, Space Gray over Coral Red. Premium Pkg, Cold Weather Pkg, M-Sport Pkg, 193Ms, Gloss Black grills, Custom Gloss Black Mirrors, Performance shift and E-brake boot, M3 spoiler, Euro fog switch, gloss black interior tim, Coco-Mats (red/black), H&R coilovers, 19'' Alufelgen SF-71s......
JoeyBananaz18 is offline  
0
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 11:31 AM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST