Is this a good price?
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From: Bangladesh, USA
My Ride: 08 Porsche 911 c2s, 01 BMW 740il, 05 BMW 525i, 06 Acura TSX navi
I am very surprised at the comments that the M-tech and wheels do "nothing" for the value of the car. Maybe they don't add 100% of their cost to the value, but they have to count for something if they are of interest to the original poster. If I was looking at two cars priced the exact same, and one had the M167 wheels, I would absolutely buy that car over the other one, even if it was $500 or maybe $1000 more. If I was going to add an M-tech kit myself, then of course I would pay more to buy a car that already has it on it.
It just isn't true to say that some popular mods don't add ANY value to a car. Maybe some of the CF mods I did won't add any value, but a nice set of wheels and an M-tech kit have to be worth something!
It just isn't true to say that some popular mods don't add ANY value to a car. Maybe some of the CF mods I did won't add any value, but a nice set of wheels and an M-tech kit have to be worth something!
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From: New York City
My Ride: 545i Sport 6M
Originally Posted by RJH&CO' post='609859' date='Jun 25 2008, 01:38 PM
Henry,
Your car definately sounds nice. if it was auto- I would have highly considered it with those options. But the car will be also driven by my wife, hence can't get manual.
Your car definately sounds nice. if it was auto- I would have highly considered it with those options. But the car will be also driven by my wife, hence can't get manual.
Henry
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From: Bangladesh, USA
My Ride: 08 Porsche 911 c2s, 01 BMW 740il, 05 BMW 525i, 06 Acura TSX navi
Originally Posted by HPLouis' post='609920' date='Jun 25 2008, 02:43 PM
Honestly, you could get a better deal than my car. I've seen 2004 545i's going for mid to high $20's on eBay for the past few weeks now.
Henry
Henry
i am paying high 20s for a 05 525i CPO all option minus navigation 43k miles.
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From: New York City
My Ride: 545i Sport 6M
Originally Posted by RJH&CO' post='609946' date='Jun 25 2008, 03:05 PM
damn, in that case i am getting raped on the car i am getting.
i am paying high 20s for a 05 525i CPO all option minus navigation 43k miles.
i am paying high 20s for a 05 525i CPO all option minus navigation 43k miles.
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From: Charlotte, NC, USA
My Ride: 2008 BMW 550i Sport
Carbon Black Metallic/Cream Beige
Manny tranny and other stuff
Recently gone, but never forgotten:
2005 Ford Mustang GT (hence the name)
Torch Red/Crimson
Manny tranny and every option available for that year
2002 Chrysler 300M Special
Brilliant Black/Light Taupe/Dark Slate
Autostick and goo-gobs of neat features that I will sorely miss
Originally Posted by E60freak' post='609911' date='Jun 25 2008, 02:39 PM
+1
I did say "almost no" value. The only way you'd have any chance of seeing $1000 return on resale is if it's to another BMW person "in the know." The average Joe or brand chaser is gonna look at you like you just sprouted some ass cheeks out of your forehead when you ask for an excessively high price just because of those parts. And even a person in the know isn't going to give you much, if anything, for your mods. The car has been personalized to your tastes, not the new owner. That's why it's rare to get a return on your investment on mods. Just look at hotrods and restomods for proof. Those guys spend tens of thousands of dollars on mods (sometimes over $100K, all in) and are fortunate to see a $40K sale at auction.
Some of the folks here have done a lot of mods to their E60s, but if I were buying them, I would probably offer less than the market value of a stock one. The cars have been "whored out" so to speak.
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From: Bangladesh, USA
My Ride: 08 Porsche 911 c2s, 01 BMW 740il, 05 BMW 525i, 06 Acura TSX navi
Originally Posted by RJH&CO' post='609946' date='Jun 25 2008, 03:05 PM
damn, in that case i am getting raped on the car i am getting.
i am paying high 20s for a 05 525i CPO all option minus navigation 43k miles.
i am paying high 20s for a 05 525i CPO all option minus navigation 43k miles.
it's like getting a wife through mail order catalog.
one must see, drive before buying...
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From: Bayside, New York
My Ride: 04' 545i SMG , Oriental Blue, Congiac Leather Interior, Nav., Park Assist, Logic 7, Sports Pkg, Cross drilled slotted rotors, ceramic pads, SS Brake lines, free flow air filter and a supercharger (coming soon)etc.....all the good stuff
Originally Posted by GT Premi' post='609957' date='Jun 25 2008, 03:20 PM
-1
I did say "almost no" value. The only way you'd have any chance of seeing $1000 return on resale is if it's to another BMW person "in the know." The average Joe or brand chaser is gonna look at you like you just sprouted some ass cheeks out of your forehead when you ask for an excessively high price just because of those parts. And even a person in the know isn't going to give you much, if anything, for your mods. The car has been personalized to your tastes, not the new owner. That's why it's rare to get a return on your investment on mods. Just look at hotrods and restomods for proof. Those guys spend tens of thousands of dollars on mods (sometimes over $100K, all in) and are fortunate to see a $40K sale at auction.
Some of the folks here have done a lot of mods to their E60s, but if I were buying them, I would probably offer less than the market value of a stock one. The cars have been "whored out" so to speak.
I did say "almost no" value. The only way you'd have any chance of seeing $1000 return on resale is if it's to another BMW person "in the know." The average Joe or brand chaser is gonna look at you like you just sprouted some ass cheeks out of your forehead when you ask for an excessively high price just because of those parts. And even a person in the know isn't going to give you much, if anything, for your mods. The car has been personalized to your tastes, not the new owner. That's why it's rare to get a return on your investment on mods. Just look at hotrods and restomods for proof. Those guys spend tens of thousands of dollars on mods (sometimes over $100K, all in) and are fortunate to see a $40K sale at auction.
Some of the folks here have done a lot of mods to their E60s, but if I were buying them, I would probably offer less than the market value of a stock one. The cars have been "whored out" so to speak.
+1
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From: North Carolina
My Ride: 05 545 BLK/BLK
Model Year: 2005
Originally Posted by HPLouis' post='609850' date='Jun 25 2008, 01:27 PM
Exactly. Like I said before, it can't hurt to ask. For all you know, he probably built in some wiggle room in his price and could go lower for a serious buyer. I can tell you one thing, my car isn't for sale but if someone came to me with $31k, I'd have some serious thinking to do.
Henry
Henry
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From: North Carolina
My Ride: 05 545 BLK/BLK
Model Year: 2005
Originally Posted by HPLouis' post='609718' date='Jun 25 2008, 10:58 AM
Oh crap,
If you're going to buy that car for that much, you can buy mine for $31K. It's got CPO, the mods in my sig and the extended maintenance package. I've got all the records for the car. It's has 39K miles.
He's asking too much. Around $30K - $32K would be fair.
Henry
If you're going to buy that car for that much, you can buy mine for $31K. It's got CPO, the mods in my sig and the extended maintenance package. I've got all the records for the car. It's has 39K miles.
He's asking too much. Around $30K - $32K would be fair.
Henry
Got me thinkin.......
Thread Starter
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From: West Hartford
My Ride: Looking for a 04-05 BMW 545 6spd Manual Black\Black
Originally Posted by RJH&CO' post='609755' date='Jun 25 2008, 11:38 AM
he's asking 36,900 but i am sure he will aceept lower if u offer him. :-)