Quote:
Originally Posted by overheadvalve
I think half the shock we get is values like Edmunds. I have access to Manheims data base of their national network of auctions and keep track of values there. These are true wholesale values. What dealers are willing to pay. For example Edmunds has Snyperx at $12200.00. I just looked up Manheim. 54 2006 325i sold since Feb. 7th nationally. Several at the Manheim in Milwaukee. Average hammer price of above average condition cars in his mileage range were $12800.00 to $13500.00. Remember this is wholesale. These are cars dealers are then asking 15k to 17K for. I wil note several sleds sold for under 10K. It appears condition and mileage still bring above average prices. P.S. Thanks for your service Snyperx.
|
I personally believe that 2-3 yr old car is the way to go as well as others have stated. I just picked up a 2011 335d and I am loving every second I am in the car.
Just out of curiosity "overheadvalve" would you be willing pull and share some details on a recent Manheim list for 2011 335d's? I just want to compare what I paid to what they are getting wholesale.
Thanks