Selling M3

FC · 03-05-2022, 05:34 PM

I am pretty sure I want to sell the M3.

I just checked and Carvana's offer is down to $53k and change. It surprised how low that is. I checked GivemetheVIN and I got 60k, what I gotten a couple of weeks ago.

Should I just sell it to them?

My car is mint and I feel not being fully appreciated by their algorithm, but I also know I have the less desirable moonroof and dealing with tire kickers and trusting a big check forma stranger are pretty big negatives. I am not sure I could beat the 60k by enough to make it worth the effort.

Part of me says take the $60k now and run.

FC · 03-05-2022, 05:43 PM

It seems asking prices are all over the place.

https://www.autotrader.com/cars-for-...&numRecords=25

My car has just over 12k miles.

dan · 03-05-2022, 05:46 PM

*clyde* · 03-05-2022, 06:19 PM

We are almost certainly past peak overall, but some models are still at/near their peak.

If I were you, I'd take the car to a couple dealers for offers. There's a reasonable chance one or more will beat that offer.

It's what you feel like you know what it should be worth wholesale and retail, and how much time/effort/risk it will take to get that retail value.

FC · 03-05-2022, 06:36 PM

I guess my concern is that Carvana has come down 3k and that maybe others will start coming down as well. But the idea of taking to the dealer is a good one. I imagine I should limit myself to BMW dealers - who among other things, can CPO it.

FC · 03-05-2022, 06:42 PM

Adding a few exterior photos because I already took them 2 weeks ago.

SCA · 03-05-2022, 06:43 PM

Yes, approach the used car mangers at various BMW Centers. Valid point re CPO via a BMW Center.

BMW is still fairly constrained for new vehicles so used BMWs should still be high.

JST · 03-05-2022, 07:14 PM

If you’re going to sell the car, taking 60 and running seems like a very reasonable idea.

I can’t remember where you are in your plans, but I also wouldn’t expect to get a new car anytime soon.

FC · 03-05-2022, 08:01 PM

Quote:

Originally Posted by JST

If you’re going to sell the car, taking 60 and running seems like a very reasonable idea.

I can’t remember where you are in your plans, but I also wouldn’t expect to get a new car anytime soon.

Hoping to get a Boxster spring of 2023. I’m ok slumming it with just the GTI until then.

Jeff_DML · 03-05-2022, 08:36 PM

Quote:

Originally Posted by FC

Hoping to get a Boxster spring of 2023. I’m ok slumming it with just the GTI until then.

03-05-2022, 05:34 PM	#1
FC Solving problems Join Date: Oct 2003 Carmudgeonly Ride: M5 / 718 GTS / Cooper S / GTI / LR4 Location: Metro Boston Posts: 25,260	Selling M3 I am pretty sure I want to sell the M3. I just checked and Carvana's offer is down to $53k and change. It surprised how low that is. I checked GivemetheVIN and I got 60k, what I gotten a couple of weeks ago. Should I just sell it to them? My car is mint and I feel not being fully appreciated by their algorithm, but I also know I have the less desirable moonroof and dealing with tire kickers and trusting a big check forma stranger are pretty big negatives. I am not sure I could beat the 60k by enough to make it worth the effort. Part of me says take the $60k now and run.

03-05-2022, 05:46 PM	#3
dan redefined Join Date: Oct 2003 Posts: 14,896	__________________ "There's a freedom you begin to feel the closer you get to Austin, Texas." -Willie

03-05-2022, 06:19 PM	#4
clyde Chief title editor Join Date: Oct 2003 Posts: 26,599	We are almost certainly past peak overall, but some models are still at/near their peak. If I were you, I'd take the car to a couple dealers for offers. There's a reasonable chance one or more will beat that offer. It's what you feel like you know what it should be worth wholesale and retail, and how much time/effort/risk it will take to get that retail value. __________________ OH NOES!!!!!1 MY CAR HAS T3H UND3R5T33R5555!!!!!!1oneone!!!!11 Team WTF?! What are you gonna do?

03-05-2022, 06:42 PM	#6
FC Solving problems Join Date: Oct 2003 Carmudgeonly Ride: M5 / 718 GTS / Cooper S / GTI / LR4 Location: Metro Boston Posts: 25,260	Adding a few exterior photos because I already took them 2 weeks ago. Attached Thumbnails

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03-05-2022, 05:43 PM	#2
FC Solving problems Join Date: Oct 2003 Carmudgeonly Ride: M5 / 718 GTS / Cooper S / GTI / LR4 Location: Metro Boston Posts: 25,260	It seems asking prices are all over the place. https://www.autotrader.com/cars-for-...&numRecords=25 My car has just over 12k miles.

03-05-2022, 06:36 PM	#5
FC Solving problems Join Date: Oct 2003 Carmudgeonly Ride: M5 / 718 GTS / Cooper S / GTI / LR4 Location: Metro Boston Posts: 25,260	I guess my concern is that Carvana has come down 3k and that maybe others will start coming down as well. But the idea of taking to the dealer is a good one. I imagine I should limit myself to BMW dealers - who among other things, can CPO it.

03-05-2022, 06:43 PM	#7
SCA Jaded Join Date: Oct 2003 Posts: 9,035	Yes, approach the used car mangers at various BMW Centers. Valid point re CPO via a BMW Center. BMW is still fairly constrained for new vehicles so used BMWs should still be high.

03-05-2022, 07:14 PM	#8
JST 195 Join Date: Oct 2003 Posts: 24,609	If you’re going to sell the car, taking 60 and running seems like a very reasonable idea. I can’t remember where you are in your plans, but I also wouldn’t expect to get a new car anytime soon.