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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > General E90 Sedan / E91 Wagon / E92 Coupe / E93 Cabrio > Out with the old E90...in with a new F30



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      11-13-2013, 10:57 PM   #1
FancyDirt
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Out with the old E90...in with a new F30

It's been quite some time since my last post, but would appreciate some input on the value of my old ride. 2007 TiAg 335i sedan 6-speed, premium & sport packages with black leather and aluminum trim. Also has the window shades but who cares about this option. Car has only 30 k miles, near-perfect condition and essentially new Michelin PS2 run-flats. Realistic resale value? Please tell me what you think...
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      11-13-2013, 11:18 PM   #2
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Originally Posted by FancyDirt View Post
It's been quite some time since my last post, but would appreciate some input on the value of my old ride. 2007 TiAg 335i sedan 6-speed, premium & sport packages with black leather and aluminum trim. Also has the window shades but who cares about this option. Car has only 30 k miles, near-perfect condition and essentially new Michelin PS2 run-flats. Realistic resale value? Please tell me what you think...
My guess would be $17-$19k in trade, $19k-$21k private sale - though the low miles and 6mt MIGHT help if you in a private sale if you happen to find someone who really wants a manual. (as bad as it sounds, I'm probably being generous).
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      11-14-2013, 01:12 AM   #3
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I was planning to trade-in, but the dealership is only offering $14K because too old to resell as "certified". That was the reason for my question. None of the on-line calculator spit out a number that low. The car only makes trips for the house to the airport & back so probably hasn't had more than 2 dozen passengers in 7 years. I suspect your private sales range is about right.
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      11-14-2013, 07:08 AM   #4
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If the car is in good shape don't give into edmunds pricing that a buyer or someone here will convince you that it's worth.

I have an 07 6MT sport coupe with 27K miles and edmunds only gives me $1300 more for being such low miles vs. one that's been driven 15k miles a year with 100k on the clock, WHAT A JOKE.
Seriously let me say that again for effect, edmunds only claims a little over +$1k price adjustment for having hardly any miles on a BMW nonetheless vs. one with 100K.

Nada and KBB price adjustment for low miles is $5k-$6k more.

Edmunds pricing is for suckers who just want to get rid of a car quick.
Don't sell yourself short. What's even better about edmunds is none of the used cars you can find on their website has the pricing they claim its worth. How does that work?

FWIW I recently shelled out 26K to get a one owner, montego blue, 6MT sport coupe with 23K miles.
If I would have went off edmunds pricing it would have been like 18K LOL right. I would LOVE to see someone buy my exact car for 18k. They only way it would be worth 18K is if it had salvaged title.

I don't even know how you guys take edmunds pricing seriously.

Last edited by Miller335; 11-14-2013 at 07:41 AM.
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      11-14-2013, 06:21 PM   #5
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I plan to put the car up for sale after the F1 weekend here in Austin. I've got decent seats in the Turn 9 grandstands. Anyway, asking $24 K. Thanks for the help.
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      11-14-2013, 07:01 PM   #6
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$15K is a good number for that car on trade. You are dreaming at $24K private sale. The car is 7 years old.
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      11-14-2013, 11:32 PM   #7
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I'm aware the car is 7 years old, but thanks anyway for confirming my math.
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      11-14-2013, 11:55 PM   #8
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Guy asks forum what car is worth. Forum replies. Guy gets upset.



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      11-15-2013, 01:30 AM   #9
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Regardless of what anyone thinks the car is worth Edmunds and KBB do set a value that is going to set in most folks expectations and also if they finance the car what the bank expects so I don't think you can ignore those resources. If you don't really need to trade the car in to buy the new one you should consider selling it yourself. You can probably get 3k more than what the dealer is offering on a trade, used cars are funny though some times they sell really quickly and sometimes they are tough to sell. You will need to judge for yourself how much that 3 grand is worth in terms of your time. Sounds like you have a nice car that the right buyer will appreciate and enjoy so there is probably no harm in trying to sell it for a couple of weeks (if you sell it rent a car for a couple of days until you buy a new one, I did this a few years ago).

Best of luck
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      11-15-2013, 06:31 AM   #10
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Based on your expectations of retained value I think you should buy a Toyota Tacoma. No way your e90 is worth 50% of new price 7 years later.
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      11-15-2013, 06:33 AM   #11
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I just looked at the details of your car real quick. The manual trans is also hurting it on a dealer trade. They want something they can sell quickly and a manual will wait longer for a buyer.
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      11-15-2013, 06:47 AM   #12
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Is this a manual or auto? If it's a manual, I would keep it, 14k is nothing. If you have to have a new car, so be it, but keep your old car, maybe drop the collision, keep the comp on it.

I don't understand why anybody would trade anything in. The dealership "needs" to make money on the new car, and the trade-in. They are not willing to lose money on the trade, in order to sell the new car. They only make deals that make sense (but of course, they are running a business).
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      11-15-2013, 06:49 AM   #13
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Quote:
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Based on your expectations of retained value I think you should buy a Toyota Tacoma. No way your e90 is worth 50% of new price 7 years later.
It really doesn't matter what it's worth, if the OP keeps it. To many people in the market for a BMW, 14k is nothing. Why settle for below wholesale, if you have a reliable vehicle that can get you from point A to point B, and a fun one to drive at that?
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      11-15-2013, 08:21 AM   #14
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Just to clear the air, I do appreciate all the constructive input. Other than a few very small rock blemishes on the front nose, the car is perfect. New brakes, new tires, new BMW carpeted mats (only because the old driver side mat was looking less than perfect) and very well maintained. I also have the advantage that BMW of Austin prices for Certified Used Cars are pretty high in a sellers market (economy here is strong), so I expect to have some leverage. I'm in no big hurry to sell as I wont order the new F30 until the PPK is again available. Although the asking price will be $24K, I fully expect the transaction price to be less. I can assure though it wont be $14K.
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      11-15-2013, 08:41 AM   #15
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Keep it and mod it
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      11-15-2013, 08:55 AM   #16
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Keep it and mod it
yes.
for the cost of sales tax and increased insurance, you could make meaningful improvements in handling and performance.
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      11-15-2013, 09:32 AM   #17
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Keep it and mod it
+1
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      11-15-2013, 09:56 AM   #18
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F30's are rubbish.
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      11-15-2013, 10:09 AM   #19
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In the normal car world mileage and condition trumps years esp so when comparing same gen to same gen.

Why is it then you guys keep bringing up the year?
I have a feeling that if it was an 2012 with 60k on it you guys would then complain about the mileage and not the year?

Is the bmw market different then other car markets?
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      11-15-2013, 10:14 AM   #20
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Trades are priced at current auction value and the manual will keep the price on the low side of that. 15K trade is my bet.
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      11-15-2013, 10:15 AM   #21
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Just to give you some color--I just picked up an 08 335xi E90. Has every option, it's certified and has extended maintenance/warranty until May of 2015. It's an auto and has 66k miles. I paid 20k OTD (tax, title etc) and got financing through BMW for 2.7%. If I were to go through a credit union or bank the best rate I could get was 6%. I have an 810 score FYI and could have paid cash, but at that rate I'm better off doing what I do with my cash (I'm a money manager) and using theirs.

It's my first BMW, so I relied heavily on NADA and KBB for values. Since you're selling it yourself, private party is what you'll want to look at. Also, stay firm with the dealer on trade as they'll detail it and throw it out there for full blown retail or higher with those miles. Also, check your carfax. I know that sounds silly, but I relied on that a lot as well and dealers ARE adding the suggested extra value carfax outlines. Plus, a used buyer will want that up front.

Do consider buying a used car from a private person is a bit more hairy than buying one from a dealer. You may want to invest a few hundred bucks in having a mechanic do a pre-purchase check on the car so you can show people what everything currently looks like (brakes, belts etc. etc.).

Also, know that your buyer is either a) paying cash or b) getting a loan at a bank. If getting a loan at a bank the bank WILL NOT loan more than about 90% of retail so they'll have to have some cash down. Plus the rate won't be as good so the price will adjust accordingly.

Anyway, I've bought and sold 30+ cars/motorcycles in my life (and I'm 30) so be honest with yourself and show everything you can, even flaws, as the buyer is likely a guy like us who's an enthusiast and knows exactly what he's looking for.

Cheers!
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      11-15-2013, 12:16 PM   #22
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Thanks again for the inputs. I've had only one other private sale experience some years ago, and my only question in this regards is do I insist to ride along for the test drive? I don't let my wife drive the car so why a stranger who might not actually be so serious about a purchase. If truly serious, why would a prospective buyer care if I'm in the passenger seat? Any thoughts...

Whoever buys the car will almost certainly be pleased with the decision, and will have a great foundation to modify with whatever money is left in the piggy bank.
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