Brainstorm - parting out a 550i, worthwhile?
#1
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My Ride: Alpine White 550i M Sport
Model Year: 2008
Brainstorm - parting out a 550i, worthwhile?
I have had 3 people interested in my 08 550i M sport that is in pretty much MINT condition and beyond up to date on maintenance... it's on my friends dealership lot where it has been since January and nothing... It's priced decent and according to retail price (it's on a dealership). I'm starting to consider parting the thing out instead of it just sitting there wasting away and without me paying a large sum just to sell it to the next guy.
Is there a market for parting it out? The classifieds here move at a snails pace.
Whats the drivetrain worth? 96k miles, healthy as can be, new gaskets throughout, up to date on maintenance performed by a well known indyshop and dealership.
Interior worth anything?
I just dont know if it would be worth while here in Indiana to do such a thing. It's a shame to part such a perfect car, but no one wants to buy it complete, so why not?
It would be a lot of hassle to pull things off, but not the end of the world and I might actually enjoy it.
Is there a market for parting it out? The classifieds here move at a snails pace.
Whats the drivetrain worth? 96k miles, healthy as can be, new gaskets throughout, up to date on maintenance performed by a well known indyshop and dealership.
Interior worth anything?
I just dont know if it would be worth while here in Indiana to do such a thing. It's a shame to part such a perfect car, but no one wants to buy it complete, so why not?
It would be a lot of hassle to pull things off, but not the end of the world and I might actually enjoy it.
#2
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Rather than just passively waiting for someone to wander onto your friend's dealership lot, what have you done to actively market the car? Is it on Auto Trader, Cars.com, Craigslist? Do you or someone you know live on a busy street? Why not park it there for a few days?
Parting it out could potentially make you more but it's a very labor- and time-intensive process. If you have both, go for it.
Parting it out could potentially make you more but it's a very labor- and time-intensive process. If you have both, go for it.
#3
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My Ride: Alpine White 550i M Sport
Model Year: 2008
Rather than just passively waiting for someone to wander onto your friend's dealership lot, what have you done to actively market the car? Is it on Auto Trader, Cars.com, Craigslist? Do you or someone you know live on a busy street? Why not park it there for a few days?
Parting it out could potentially make you more but it's a very labor- and time-intensive process. If you have both, go for it.
Parting it out could potentially make you more but it's a very labor- and time-intensive process. If you have both, go for it.
Oh it's all over social media on most of the E60 friendly groups, local groups, a even local "rummage style" groups.
Last edited by BrandonSS; 04-26-2016 at 10:29 AM.
#4
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Try Auto Trader for it's wide circulation. Also, by heavily-trafficked street, I don't mean the dealership lot, where it doesn't stand out by itself. A lot of people think they will get a better deal with a private party, so front lawn is preferable to dealer lot. It's worth a shot.
#5
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My Ride: Alpine White 550i M Sport
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Try Auto Trader for it's wide circulation. Also, by heavily-trafficked street, I don't mean the dealership lot, where it doesn't stand out by itself. A lot of people think they will get a better deal with a private party, so front lawn is preferable to dealer lot. It's worth a shot.
#8
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My Ride: BMW 550I BLK
Model Year: 2007
Engine: N62
I need the rear bumper if your selling it. Let me know
07 550i non sport model
07 550i non sport model
I have had 3 people interested in my 08 550i M sport that is in pretty much MINT condition and beyond up to date on maintenance... it's on my friends dealership lot where it has been since January and nothing... It's priced decent and according to retail price (it's on a dealership). I'm starting to consider parting the thing out instead of it just sitting there wasting away and without me paying a large sum just to sell it to the next guy.
Is there a market for parting it out? The classifieds here move at a snails pace.
Whats the drivetrain worth? 96k miles, healthy as can be, new gaskets throughout, up to date on maintenance performed by a well known indyshop and dealership.
Interior worth anything?
I just dont know if it would be worth while here in Indiana to do such a thing. It's a shame to part such a perfect car, but no one wants to buy it complete, so why not?
It would be a lot of hassle to pull things off, but not the end of the world and I might actually enjoy it.
Is there a market for parting it out? The classifieds here move at a snails pace.
Whats the drivetrain worth? 96k miles, healthy as can be, new gaskets throughout, up to date on maintenance performed by a well known indyshop and dealership.
Interior worth anything?
I just dont know if it would be worth while here in Indiana to do such a thing. It's a shame to part such a perfect car, but no one wants to buy it complete, so why not?
It would be a lot of hassle to pull things off, but not the end of the world and I might actually enjoy it.
#9
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My Ride: Alpine White 550i M Sport
Model Year: 2008
#10
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My Ride: 05 530i M54
Model Year: 05 530i
Engine: 3.0 M54
You are definitely pricing it to sell. Maybe the market is not there for BMWs. I am surprised you did not get rid off it in tax season.