DISCLAIMER: THIS THREAD IS NOT ADVOCATING BUYING A BMW OR ANY OTHER CAR FROM EBAY MOTORS. I"M NOT ENCOURAGING ANYONE TO BID OR BUY SOMETHING AS COMPLEX AS AN AUTOMOBILE OVER THE INTERNET BEFORE PROPER INSPECTION. Not happening...There is more to increasing retail value than putting rims on a car and cleaning out the interior...
| Originally posted by Justin318is@Jun 10 2005, 06:21 PM |
YES IT CAN BE DONE I BOUGHT A 1993 318IS FOR ONLY $3450 AND....I AM TRYING TO GET NEW RIMS ON MINE AND THEN FIX IT UP A LITLLE AND TRYING TO SELL IT FOR AROUND 6000 DOLLARS.
I always end up saying this to these "how much is are BMW worth if....threads" GO TO EBAY-MOTORS and look up the cars you are interested in...and you'll find out three main things........
1. The Average Selling price
/Buy Now Prices for cars. This is not computed blue book value stats but the real worth of cars since all cars are different in there own way and carry diiferent histories and owners. (For example you may discover that used BMW's are much cheaper than average in Texas and other southern regions but much more expensive than average to buy in California, North Eastern states and big cities)
2. The Supply and Demand
for certain types of car (for example the BMW 3 series has the most supply for used BMW cars and the most demand in people who are currently bidding for those cars. BMW used 7 series has a fairly low supply of used cars on sale and the fewest bidders for those cars. However, the M3/M5 cars have the least supply but the most demand and highest amount of bidders. So if you have a keen eye you can see how resale values are affected.)
3. The Real-Milage Averages
for cars of a specific year and how that affects car value (for example I once saw a 1997 328i with a buy it now for $7,000 and a 1996 328i with a buy it now for $13,000....can you guess which car had 198,870 miles on the odometer and which had 65,000 miles on the odometer )
The reason EBAY Motors is good because about 90% of Car sellers are actual used car dealership and some new car dealership. Private sellers rarely frequent Ebay for cars. So what you see most of the time are dealership priced cars. So you can get a general "ballpark" idea of how much that car you are looking for is worth"