Topic: Time to replace the Outlander has come...

[ktm525]

I would say $16-17k.

You guys nuts? I feel like he MIGHT go to $22-23K, but Jesus Christ $16-17K would be grand theft auto... there are no real comparables out there other than the one I linked at 401 Dixie Hyundai. Every other one has over 100K on the clock, which is fine because the N55 is a pretty stout engine... but they're low-to-mid 20s too.

Dealer wholesale?

[Dante]

I would say $16-17k.

You guys nuts? I feel like he MIGHT go to $22-23K, but Jesus Christ $16-17K would be grand theft auto... there are no real comparables out there other than the one I linked at 401 Dixie Hyundai. Every other one has over 100K on the clock, which is fine because the N55 is a pretty stout engine... but they're low-to-mid 20s too.

My question was how much a BMW dealer would potentially offer him for it as his alternative to unload the car by Thursday is to go to BMW dealer(s) and have them cut him a cheque. So my "competition" would be a BMW dealer which would take it in on the spot.

[TheHire]

I would say $16-17k.

You guys nuts? I feel like he MIGHT go to $22-23K, but Jesus Christ $16-17K would be grand theft auto... there are no real comparables out there other than the one I linked at 401 Dixie Hyundai. Every other one has over 100K on the clock, which is fine because the N55 is a pretty stout engine... but they're low-to-mid 20s too.

Dealer wholesale?

Those days are kind of over... there isn't that much profit in most used units like this. I would be willing to bet that 401 Dixie paid $23-24K for this thing. Add in a lot pack of $1000 or so for basic reconditioning, and you're in it $25K. They'd probably not be willing to do any less than $28K or it's just not worth the time. Someone will pay it.

[ktm525]

I would say $16-17k.

You guys nuts? I feel like he MIGHT go to $22-23K, but Jesus Christ $16-17K would be grand theft auto... there are no real comparables out there other than the one I linked at 401 Dixie Hyundai. Every other one has over 100K on the clock, which is fine because the N55 is a pretty stout engine... but they're low-to-mid 20s too.

My question was how much a BMW dealer would potentially offer him for it as his alternative to unload the car by Thursday is to go to BMW dealer(s) and have them cut him a cheque. So my "competition" would be a BMW dealer which would take it in on the spot.

Yeah that was where my 16-17 came from. Scumbag dealer lowball     I am talking the private sale that is being looked at, not a dealer comparable.

[TheHire]

I would say $16-17k.

You guys nuts? I feel like he MIGHT go to $22-23K, but Jesus Christ $16-17K would be grand theft auto... there are no real comparables out there other than the one I linked at 401 Dixie Hyundai. Every other one has over 100K on the clock, which is fine because the N55 is a pretty stout engine... but they're low-to-mid 20s too.

My question was how much a BMW dealer would potentially offer him for it as his alternative to unload the car by Thursday is to go to BMW dealer(s) and have them cut him a cheque. So my "competition" would be a BMW dealer which would take it in on the spot.

Just about any dealer would be willing to take it... it's too old to CPO and almost two generations old, so even a BMW dealer wouldn't want it for retail. It's a straight to wholesale unit, so any dealer he approaches will send photos to their top few wholesalers, take the best number, pack it for a couple of grand for themselves, and push it out the door. There is no benefit to him going to a BMW dealer versus Mickey-Bob down the road.

I would probably offer him $20K if it checked out mechanically. The cosmetics that Dante mentioned are no worries... typical for a BMW of that age

[ktm525]

I would say $16-17k.

You guys nuts? I feel like he MIGHT go to $22-23K, but Jesus Christ $16-17K would be grand theft auto... there are no real comparables out there other than the one I linked at 401 Dixie Hyundai. Every other one has over 100K on the clock, which is fine because the N55 is a pretty stout engine... but they're low-to-mid 20s too.

My question was how much a BMW dealer would potentially offer him for it as his alternative to unload the car by Thursday is to go to BMW dealer(s) and have them cut him a cheque. So my "competition" would be a BMW dealer which would take it in on the spot.

Just about any dealer would be willing to take it... it's too old to CPO and almost two generations old, so even a BMW dealer wouldn't want it for retail. It's a straight to wholesale unit, so any dealer he approaches will send photos to their top few wholesalers, take the best number, pack it for a couple of grand for themselves, and push it out the door. There is no benefit to him going to a BMW dealer versus Mickey-Bob down the road.

I would probably offer him $20K if it checked out mechanically. The cosmetics that Dante mentioned are no worries... typical for a BMW of that age

SOLD!

[Dante]

I would say $16-17k.

You guys nuts? I feel like he MIGHT go to $22-23K, but Jesus Christ $16-17K would be grand theft auto... there are no real comparables out there other than the one I linked at 401 Dixie Hyundai. Every other one has over 100K on the clock, which is fine because the N55 is a pretty stout engine... but they're low-to-mid 20s too.

My question was how much a BMW dealer would potentially offer him for it as his alternative to unload the car by Thursday is to go to BMW dealer(s) and have them cut him a cheque. So my "competition" would be a BMW dealer which would take it in on the spot.

Just about any dealer would be willing to take it... it's too old to CPO and almost two generations old, so even a BMW dealer wouldn't want it for retail. It's a straight to wholesale unit, so any dealer he approaches will send photos to their top few wholesalers, take the best number, pack it for a couple of grand for themselves, and push it out the door. There is no benefit to him going to a BMW dealer versus Mickey-Bob down the road.

I would probably offer him $20K if it checked out mechanically. The cosmetics that Dante mentioned are no worries... typical for a BMW of that age

Like I mentioned before, I don't think I have time for a PPI so I would have to go in blind - offer him $20K as-is and if he takes it, the risk is on me.   

[Dante]

he just dropped the price by $4,000 to $26,000.....

[rrocket]

I'd offer the guy $20K, as an easy no nonsense deal....cash for keys and title. You'd be surprised how often sellers respond positively to that. Gives you plenty of budget to sort out the cosmetic stuff.

I agree. Give him your number and say the offer is good for three days. You need deal tension.

He's under pressure to sell as he is leaving the country on Saturday. So pressure is on his side.

Put the screws to him dude!!

[OliverD]

he just dropped the price by $4,000 to $26,000.....

Not a bad start.

[Dante]

OK folks, I will do perhaps the stupid thing, roll the dice and just offer him $20K as-is..... If someone else takes it, so be it.

[JohnnyMac]

OK folks, I will do perhaps the stupid thing, roll the dice and just offer him $20K as-is..... If someone else takes it, so be it.

I love the idea of just pushing the decision onto someone else, meaning you offer $XX and if they take it you roll with it but if they say no, you move on and have less regret.

[Dante]

OK folks, I will do perhaps the stupid thing, roll the dice and just offer him $20K as-is..... If someone else takes it, so be it.

I love the idea of just pushing the decision onto someone else, meaning you offer $XX and if they take it you roll with it but if they say no, you move on and have less regret.

Trust me I would more nervous if he accepts it or counters a bit higher.... I will not lose my shirt, but $20K is a bit of coin. I didn't lose any sleep when I rolled the dice on $6K on the other BMW, but this is a bit different.

[Dante]

Email sent....

[2JDM]

Honestly I'm surprised this guy waited this long to sell his X3.

I suppose most guys like him would've skipped the private sale BS and sold it to a dealer.

[Dante]

Honestly I'm surprised this guy waited this long to sell his X3.

I suppose most guys like him would've skipped the private sale BS and sold it to a dealer.

I think his mistake was posting it too high and keeping it too high too long. He told me he had no idea what to post it at and he went by what Autotrader recommendation.

[Slow_lane]

If I saw car that looks roughly treated and un-cared for I would walk away.  I would rather pay a good price for a car that was pampered and in pristine condition vs a car with a bunch of problems. That is just me.

[dkaz]

I also spent a bit more than I had planned to get a car in near mint condition. Who wants to deal with the hassle of repainting? Buyers also tend to value original paint. But if it's worth it for you, I wouldn't feel bad about offering lower to account for the money and time it'll take to get the car up to comparables.

[JohnnyMac]

OK folks, I will do perhaps the stupid thing, roll the dice and just offer him $20K as-is..... If someone else takes it, so be it.

I love the idea of just pushing the decision onto someone else, meaning you offer $XX and if they take it you roll with it but if they say no, you move on and have less regret.

Trust me I would more nervous if he accepts it or counters a bit higher.... I will not lose my shirt, but $20K is a bit of coin. I didn't lose any sleep when I rolled the dice on $6K on the other BMW, but this is a bit different.

Oh I get it, $20k is certainly a lot of coin, but ask yourself, if it cost say $8k for him to have made it perfect before posting, would you be happy paying $28k for it?  If so I’d say sending him and offer for $20k and sort it yourself is a good outcome.  It is exactly the spec you were seeking.

I almost did something similar on an older Porsche but I chickened out due to a key repair not being done to it.

[TheHire]

OK folks, I will do perhaps the stupid thing, roll the dice and just offer him $20K as-is..... If someone else takes it, so be it.

I love the idea of just pushing the decision onto someone else, meaning you offer $XX and if they take it you roll with it but if they say no, you move on and have less regret.

Trust me I would more nervous if he accepts it or counters a bit higher.... I will not lose my shirt, but $20K is a bit of coin. I didn't lose any sleep when I rolled the dice on $6K on the other BMW, but this is a bit different.

Oh I get it, $20k is certainly a lot of coin, but ask yourself, if it cost say $8k for him to have made it perfect before posting, would you be happy paying $28k for it?  If so I’d say sending him and offer for $20k and sort it yourself is a good outcome.  It is exactly the spec you were seeking.

He says he would, but they do exist in that shape for that price (the one I linked), and yet here we are... I think it's because he's neurotic about the color combo.

Here's another one. 112,000km, but sub-$22K, he had no issue bringing in his 328xi from Quebec, and still averages 14,000km per year.
https://www.cargurus.ca/Cars/t-Used-BMW-X3-xDrive35i-AWD-t39179#listing=384899474/NONE/DEFAULT