Really getting tired of all the BMW private sale marking their cars up over 30%...

[Auzybimm]

of book value, and people need to releze that KBB is being GENEROUS. Now I understand it is just a "guide" as to what people argue, well yes, it is. IT is the approxment value of your car if not less, Most of the time it is only more if it is a rare trim of course. Like the ZHP for example, now I don't agree with people making those 11k-14grand for any of the e46 years but KBB doesn't list that price at that anyway and that is fine of course. I do think that cars like that being the only exception to be above book, just not THAT high. In anycase though...

when I see almost every single 330, CI, I and XI be over $3 grand more than book and almost as much if not more than dealers, it kinda blows my mind. AND these cars have OVER 100k and people want 8grand for them. Like really? What makes it worth 8 grand if it was 1. Not only 35k when you bought it. BUT also 12 years ago and 100k+ miles ago. I don't think any of these BMWs should be over 4 to maybe 5 grand tops. It annoys me that I see beat to shit ones with 150k on it and guys are like 6 grand. I've seen pretty nice ones for about 59 at the best but they always have an option I don't like, either Auto, or Sedan, or the base steering wheel and base seats.

So what are yours guys thought on this? I have offered 4.4 grand cash to so many people and they are like no... Like are you kidding me? It isn't like that 5 grand was tits easy to work for. That took a lot of long no sleep nights for almost 4 months and look where it brought me. Guys I am losing faith. I should have a little more in the up coming months but it feels like it won't be worth it in the end, once the miles will be so high and I just rather take that 5 grand or so and put it on a brand new car( I don't have great credit but I REALLY don't want a car payment)


Help guys please. I want a Bimmer so bad lol

[kc jr 54]

Gotta pay to play. Its the automotive world (not to mention simple supply/demand economics) and not to sound like a complete ass, but get over it. Fairly certain most of the highly desired muscle cars from the 50-80s are fetching significantly then what KBB is showing. KBB is nothing more then a tool, it isnt the end all be all of automotive value.

[BimmerBreaker]

No. KBB is completely irrelevant to cars like these. I sell a lot of cars and nothing irks me more than "KBB says..." if they say that to me, I tell them to pound sand (well I dont really, I just explain to them how it doesnt accurately represent the value of these cars... but I want to tell them to pound sand).

KBB doesnt sell cars so they dont dictate the price. Its as simple as that. They are a great tool when I worked at a car dealership, so we could hand the customer a vat of KY, tell them to bend over, then explain that the KBB value of their car is only so much. Then we take it in, do no work to it, and sell it for it's real value which is $3k or more above KBB.

Truthfully - if you worked "long and hard" for 4.4K you cant afford a BMW. What do you do when you have a $2,000 dollar repair bill? Explain to them that the KBB of the repair is $500? You are better luck in a WAY older car - like $1000 so you can afford the repairs on it which will be accordingly cheaper (though it will fail more often due to age, so I dont recommend this either - but at least you can afford the car and a couple repair bills with your $4.4k), or a brand new car. Dont like car payments? Neither do I, but if you cant afford to buy the car you want outright, you cant afford it. Its that simple. I want an E92 M3, but Im not going to go offer people $10k just because I worked really really hard for it.

If you want to know what a car is worth in your area, look on craigslist - cars are cheapest on CL. If the car you want in averages $8k in your area on CL, guess what - thats what its worth in your area!

[Auzybimm]

That is such bs dude. NO offense. lol MY uncle works for Karman auto sales and buys a shit ton of cars under kbb and sells them slightly over at the dealership but doesn't sell ones he picks up and repairs himself more than kbb, I guess you can argue that a lot of them are collision titles but either way he never goes 30% above kbb and says that everyone who sells them private party should be "Around kbb" because insurance companies rate them at even a lesser value sometimes, sometimes more, it all depends on the area

[BimmerBreaker]

Then buy a car from your uncle.

[pottsalot]

14's have spunky attitudes this year lol

[BimmerBreaker]

14's have spunky attitudes this year lol

​entitlement generation

[M62pwrdE38]

Are you seriously mad that people don't want to sell you their car at your price? People are free to ask whatever price they want for their stuff, regardless of what some book recommends. If you want a car for $4.4k, then look for cars in that price range instead of twice that. If you don't think their car is worth that much, then don't buy it.

[Auzybimm]

it has nothing to do with how hard i worked for it, simply put a car of this age and miles is not worth 30% over book or 8-9k private party

- - - Updated - - -

hha and this guy says repair bill like im gonna pay someone to do my work....bro WE are on a car enthusiast forum. It is pretty safe to say, most of us, if not 75% of us (besides you it seems) knows how to work on their own cars.

- - - Updated - - -

Did you read the topic or no? Cause I am pretty sure, I was complaining about people who over charge a crazy price for their old cars compared to not only KBB but a lot of other bimmer sellers as well. There are tons that are in the 4-5 range but some are autos and 325's, Some 330s but they are like the year 2000, auto or beat to shit.

[Cheyne]

I don't get why you are so worked up. If the people you are talking about are the outliers and have overpriced their cars compared to actual market value then their cars won't sell and you can go and buy one of the many that are within market value. If however, the cars you are seeing are selling then they aren't overpriced and you just have unrealistic expectations for your area.

My understanding of KBB is that it's an average price for cars that are sold, if that's the case then seeing cars selling for 30% over KBB wouldn't be surprising, because that would easily fit within the standard deviation of a market average. Average pricing models also don't tend to apply that well to enthusiast cars either.

[beshannon]

Ok.

People are free to ask whatever they want as a seller. Buyers are free to offer whatever they want. Capitalism at work.

[Sleepyhead97]

They do the same thing with Toyotas, to a more extreme degree in many cases.

[Butters Stoch]

Ok.

People are free to ask whatever they want as a seller. Buyers are free to offer whatever they want. Capitalism at work.

And the sellers are free to laugh at the buyers offer.
Me thinks u are not ready for these 3 letter cars. Try the other 3 letter cars like KIA

[Rudolph320i]

And the sellers are free to laugh at the buyers offer.
Me thinks u are not ready for these 3 letter cars. Try the other 3 letter cars like KIA

Paging the burn unit....

But seriously, beshannon has it right. If the cars are selling at 12-14k then why would the owner ask for 8k?

[Critter7r]

in juionr high, we learned about "supply and demand", and it doesn't mean that you show up with a supply of money and demand that the seller give it to you for that price.

Want a car? Make an offer. If it's accepted, great, if not, move on. There are plenty of cars out there.

[russoturristo]

Buy a used BMW,drive it for couple of years,maintaining it accordingly,fixing it using only OEM parts at a BMW specialist shop and let's see how willing you be to sell it at the book value.

[ross1]

of book value, and people need to releze that KBB is being GENEROUS. Now I understand it is just a "guide" as to what people argue, well yes, it is. IT is the approxment value of your car if not less, Most of the time it is only more if it is a rare trim of course. Like the ZHP for example, now I don't agree with people making those 11k-14grand for any of the e46 years but KBB doesn't list that price at that anyway and that is fine of course. I do think that cars like that being the only exception to be above book, just not THAT high. In anycase though...

when I see almost every single 330, CI, I and XI be over $3 grand more than book and almost as much if not more than dealers, it kinda blows my mind. AND these cars have OVER 100k and people want 8grand for them. Like really? What makes it worth 8 grand if it was 1. Not only 35k when you bought it. BUT also 12 years ago and 100k+ miles ago. I don't think any of these BMWs should be over 4 to maybe 5 grand tops. It annoys me that I see beat to shit ones with 150k on it and guys are like 6 grand. I've seen pretty nice ones for about 59 at the best but they always have an option I don't like, either Auto, or Sedan, or the base steering wheel and base seats.

So what are yours guys thought on this? I have offered 4.4 grand cash to so many people and they are like no... Like are you kidding me? It isn't like that 5 grand was tits easy to work for. That took a lot of long no sleep nights for almost 4 months and look where it brought me. Guys I am losing faith. I should have a little more in the up coming months but it feels like it won't be worth it in the end, once the miles will be so high and I just rather take that 5 grand or so and put it on a brand new car( I don't have great credit but I REALLY don't want a car payment)


Help guys please. I want a Bimmer so bad lol

Seems you are caught between unreasonable expectations of the seller and your own.

[slocar]

Buy a used BMW,drive it for couple of years,maintaining it accordingly,fixing it using only OEM parts at a BMW specialist shop and let's see how willing you be to sell it at the book value.

Exactly. The blue book on my last e36 was something like 2700 dollars. The car was in perfect shape. I sold it for 4600.

Did it seem high to some people? Yes, and they let me know that. But when clunkers that are falling apart and that I wouldn't trust to drive to my neighbors house sell at book value, then obviously I want more for mine ... and I got it ... 6 days after I put the car up for sale.

[Slashms3]

Check out OP's other threads and gauge whether or not you take this thread seriously.

[Butters Stoch]

Check out OP's other threads and gauge whether or not you take this thread seriously.

Lots of 330 buying. Also repairs to an invisible, unowned car.

[BimmerBreaker]

Did you read the topic or no? Cause I am pretty sure, I was complaining about people who over charge a crazy price for their old cars compared to not only KBB but a lot of other bimmer sellers as well. There are tons that are in the 4-5 range but some are autos and 325's, Some 330s but they are like the year 2000, auto or beat to shit.

Its almost as if the more desirable models, the manuals and the newer ones, are worth more than the other models. And newer models are worth more? Beat models are worth less? Thats so odd - who would have thought?

My understanding of KBB is that it's an average price for cars that are sold, if that's the case then seeing cars selling for 30% over KBB wouldn't be surprising, because that would easily fit within the standard deviation of a market average. Average pricing models also don't tend to apply that well to enthusiast cars either.

KBB is based on auction pricing. Not retail. I think this is the key factor being overlooked.

[beshannon]

And the sellers are free to laugh at the buyers offer.
Me thinks u are not ready for these 3 letter cars. Try the other 3 letter cars like KIA

Gotcha!

[Butters Stoch]

Gotcha!

Directed @ OP.

[beemer325i]

Buy a used BMW,drive it for couple of years,maintaining it accordingly,fixing it using only OEM parts at a BMW specialist shop and let's see how willing you be to sell it at the book value.

I couldn't agree more

[BimmerBreaker]

Yeah seriously, once he finally gets a car we will see him in a year or two: "I'm selling my BMW but why do all these people keep sending me lowball offers? They are offering me $4.4k on my $8,000 car!"