I must sell a 1999 BMW M3 convertible ASAP because I can not afford the payment. I have to get at least 14,000 for it and I will be taking a loss. It has lots of auto upgrades, rims, etc. It needs some work on the top and the seats need to be touched up. What is the best way to sell this car and get rid of it... I tried ebay and got only a bid up to 9000. I can't take a loss that big. It is on a credit card. Can you please give me some advice to get rid of it fast before I can't pay my bills and ruin my credit? Do dealers take cars in with out a trade? How does Car Max work? Thank You
2007-05-14 14:23:18 · 6 answers · asked by Elena 2 in Cars & Transportation ➔ Buying & Selling
Thanks mj23themanVW,
Telling me I am screwed doesn't help much you could at least tell me why I am screwed. People ask questions to here to get help. Not to feel crappier about their situation. Don't bother...Anyone else have any positive advice?
2007-05-14 14:53:34 · update #1
Dealers do but will them flip it to a car wholesaler. You would be best to try and find a wholesaler yourself and cut out the dealers profit. They will but it fast.
2007-05-14 14:32:40 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I worked for CarMax. They will buy pretty much any car without you having to buy one of their's. But they only give you wholesale trade and deduct any problems down from there. Carmax won't get any extra for the wheels or other mods so bring the car back to stock before you go.
Judging by your limited description, I'd say Carmax would offer you between $8000 and 10,000. The top and seats are going to hurt you bad, they are not cheap to fix.
No dealer would ever give you anything close to $14,000, and you would have a tough time getting that on a private sale. It's probably a $12,000 car, tops.
People don't pay book price for cars anymore. Check www.kbb.com or www.nada.com for the book value. Then deduct 20% off the book for a real world value.
Check www.autotrader.com, type in your year and see what other M3s are selling for.
Good luck. I've been in a simular situation before.
2007-05-14 14:53:01 · answer #2 · answered by Radio dude 2 · 0⤊ 0⤋
appropriate shall we placed it this type 1997 BMW 540i with 192,000 Miles that's distinctly sturdy for a 1997 motor vehicle If i've got have been given been you i might restoration all those themes up and sell it for $8000 And if the guy says no appropriate a million.)that's a BMW that are sturdy automobiles and chic automobiles 2.) as quickly as you restoration it it is going to be in astonishing condition yet as quickly as you have no longer any further have been given the time to restoration it sell it for extra or much less 6000 money if decrease lower back no then drop each and every of ways all the way down to 5000 money if decrease lower back no then save it by using actuality there is not any reason to sell it for purely 5000dollars i wish this helped you
2016-12-17 12:49:10 · answer #3 · answered by ? 4 · 0⤊ 0⤋
Ebay is the market. And generally, the highest Ebay bid is the true market value. A dealer will probably give you less. Your best bet is to sell it locally, especially if it looks great. What you owe on the car is irrelevant.... you can only sell it for what people are willing to pay.
2007-05-14 14:54:50 · answer #4 · answered by squeezie_1999 7 · 0⤊ 0⤋
Try AutoTrader.com Worked for me. I got a above average price for my care
2007-05-14 14:27:14 · answer #5 · answered by lthlth013 2 · 0⤊ 0⤋
your screwd
2007-05-14 14:27:41 · answer #6 · answered by mj23themanVW 4 · 0⤊ 0⤋