E60 Discussion Anything and everything to do with the E60 5 Series. All are welcome!

Company Policy Changes...forcing tough decision on my '08 535i...

Thread Tools
 
Search this Thread
 
Old Feb 25, 2009 | 11:32 AM
  #1  
Allen's Avatar
Thread Starter
Senior Members
 
Joined: Dec 2007
Posts: 601
Likes: 1
From: Birmingham, AL
My Ride: 535i 6-speed
Model Year: 2008
Default

Well....as of last night, my company has decided to stop paying mileage/allowance for personal car usage and provide me a company car... I commute 100 miles, Interstate round trip, to work 5 days a week. The new company car will be an Impala or something like that and they will pay everything...gas, maintenance, insurance, washes...everything.

I bought my '08 535i new in 12/07...so it is an LCI model... and it has ~30K miles. It is a 6-speed, black/black, premium, sport, nav, ipod/USB, perfect car. I am afraid that I am gonna be "forced" to sell it because I already have a "weekend" car in my '97 black/black 911, and there is really no way to justify keeping it. I can't tell you how bad this sucks...

Soooo...what do you guys think it is worth...and a little sympathy would be appreciated...
Reply
Old Feb 25, 2009 | 11:35 AM
  #2  
Krozi's Avatar
Contributors
 
Joined: Aug 2008
Posts: 7,421
Likes: 0
From: Originally from Koeln, Deutschland. Enjoying it in Bonita Springs, Florida Now :)
Default

Originally Posted by Allen' post='801381' date='Feb 25 2009, 03:32 PM
Well....as of last night, my company has decided to stop paying mileage/allowance for personal car usage and provide me a company car... I commute 100 miles, Interstate round trip, to work 5 days a week. The new company car will be an Impala or something like that and they will pay everything...gas, maintenance, insurance, washes...everything.

I bought my '08 535i new in 12/07...so it is an LCI model... and it has ~30K miles. It is a 6-speed, black/black, premium, sport, nav, ipod, perfect car. I am afraid that I am gonna be "forced" to sell it because I already have a "weekend" car in my '97 black/black 911, and there is really no way to justify keeping it. I can't tell you how bad this sucks...

Soooo...what do you guys think it is worth...and a little sympathy would be appreciated...
That's unfortunate. I am sorry to say that you might have a tough time selling the 535i due to it being a manual. That turns many potential buyers off. But, depending where you live a Manual might be better for resale. Where are you located?
Reply
Old Feb 25, 2009 | 11:36 AM
  #3  
IceyTys's Avatar
Senior Members
 
Joined: Jan 2008
Posts: 1,099
Likes: 0
From: Denva, CO Baby
My Ride: 2005 545i /w Sport pkg - SMG - Nav - Premium pkg - PDC - Ready to begin my modding! =)
Default

Originally Posted by Allen' post='801381' date='Feb 25 2009, 01:32 PM
Well....as of last night, my company has decided to stop paying mileage/allowance for personal car usage and provide me a company car... I commute 100 miles, Interstate round trip, to work 5 days a week. The new company car will be an Impala or something like that and they will pay everything...gas, maintenance, insurance, washes...everything.

I bought my '08 535i new in 12/07...so it is an LCI model... and it has ~30K miles. It is a 6-speed, black/black, premium, sport, nav, ipod, perfect car. I am afraid that I am gonna be "forced" to sell it because I already have a "weekend" car in my '97 black/black 911, and there is really no way to justify keeping it. I can't tell you how bad this sucks...

Soooo...what do you guys think it is worth...and a little sympathy would be appreciated...
Time to find a new job!
Reply
Old Feb 25, 2009 | 11:36 AM
  #4  
Allen's Avatar
Thread Starter
Senior Members
 
Joined: Dec 2007
Posts: 601
Likes: 1
From: Birmingham, AL
My Ride: 535i 6-speed
Model Year: 2008
Default

I am in Alabama...
Reply
Old Feb 25, 2009 | 11:36 AM
  #5  
Krozi's Avatar
Contributors
 
Joined: Aug 2008
Posts: 7,421
Likes: 0
From: Originally from Koeln, Deutschland. Enjoying it in Bonita Springs, Florida Now :)
Default

I think you would still get a really good price for your car. I am not too experienced with used car values but I am sure many while chime in.

Sorry didn't read where you where from before I posted.
Reply
Old Feb 25, 2009 | 11:39 AM
  #6  
Allen's Avatar
Thread Starter
Senior Members
 
Joined: Dec 2007
Posts: 601
Likes: 1
From: Birmingham, AL
My Ride: 535i 6-speed
Model Year: 2008
Default

Originally Posted by IceyTys' post='801383' date='Feb 25 2009, 03:36 PM
Time to find a new job!
That's not helping....
Reply
Old Feb 25, 2009 | 11:40 AM
  #7  
akfirepro's Avatar
Members
 
Joined: Apr 2008
Posts: 143
Likes: 0
Default

Originally Posted by Krozi' post='801382' date='Feb 25 2009, 12:35 PM
That's unfortunate. I am sorry to say that you might have a tough time selling the 535i due to it being a manual. That turns many potential buyers off. But, depending where you live a Manual might be better for resale. Where are you located?
But at the same time there are other buyers that are ONLY looking for manual, like I was
Reply
Old Feb 25, 2009 | 11:42 AM
  #8  
Krozi's Avatar
Contributors
 
Joined: Aug 2008
Posts: 7,421
Likes: 0
From: Originally from Koeln, Deutschland. Enjoying it in Bonita Springs, Florida Now :)
Default

Originally Posted by akfirepro' post='801389' date='Feb 25 2009, 03:40 PM
But at the same time there are other buyers that are ONLY looking for manual, like I was
Yea that's true too but the D drivers outweigh the Manual fanatics by a lot.
Reply
Old Feb 25, 2009 | 11:45 AM
  #9  
Allen's Avatar
Thread Starter
Senior Members
 
Joined: Dec 2007
Posts: 601
Likes: 1
From: Birmingham, AL
My Ride: 535i 6-speed
Model Year: 2008
Default

Originally Posted by akfirepro' post='801389' date='Feb 25 2009, 03:40 PM
But at the same time there are other buyers that are ONLY looking for manual, like I was
Like me too....also, it's good that I can take my time to sell the car..ie, find that buyer looking for a manual. And, the car can stay in the garage until it sells...I'll park the Impala outside...like it's gonna know the difference...
Reply
Old Feb 25, 2009 | 11:47 AM
  #10  
porsche911targa's Avatar
Contributors
 
Joined: Sep 2008
Posts: 2,718
Likes: 1
From: Massachusetts, USA
My Ride: 2006 525XI, Jet black on Dakota beige. Premium and winter packages. I consider myself a purist and intend to keep my car absolutely stock and shiny. 2008 328I Convertible, Sapphire black on beige interior. Premium package, NAV, iPod adapter. Retired: 2002 325I, Titanium silver on black leather. Premium package. Absolutely stock and proud of it.
Default

According to Kelley Blue Book, you should be able to sell it to a private party for $35,960. Although I feel for you having to get rid of it, I don't know how much sympathy I can give to someone who drives a 97, bl/bl Porsche 911, you lucky dog. This would be like someone who was dating Salma Hayek and Penelope Cruz at the same time and wants us to feel bad that he has to give one up but keep the other.

Seriously though. Bummer that you have to drive an Impala.
Reply



All times are GMT -8. The time now is 01:20 PM.