E90Post
 


Studio RSR
 
BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > General E90 Sedan / E91 Wagon / E92 Coupe / E93 Cabrio > Help with My Situation...



Reply
 
Thread Tools Search this Thread
      09-05-2008, 03:54 PM   #1
Crown335xi
Private
4
Rep
67
Posts

Drives: black 335xi coupe
Join Date: Aug 2008
Location: New York

iTrader: (0)

Help with My Situation...

Ok so basically I have to sell my X5 before my 335xi shows up from production or i will be forced to trade it in and take a 4-5k$ hit because i owe the bank too much money. I'm in the ny/nj area and have never sold a car worth more then 10k privately so i am having trouble finding serious buyers and am not very good with this. Anyone have any suggestions on the fastest and most efficient way to sell a car that's worth over 15k? I am relatively new to the forums and have already noticed you all seem to be really good with this kind of stuff. Any recommendations would be really appreciated and a great help. I have not yet tried ebaymotors or anything online like that because i am not sure if its worth my time if it is ineffective. Ofcourse, I will post pics of my NEW car when it comes in because you are all pic junkies lol. Thanks for your time.
Appreciate 0
      09-05-2008, 04:36 PM   #2
bimmerlex
Captain
bimmerlex's Avatar
26
Rep
865
Posts

Drives: 2018 F15 X5 xDrive35d
Join Date: Jan 2007
Location: SoCal.

iTrader: (25)

Garage List
I had a good experience selling the cars before with craiglist and e-bay...
Appreciate 0
      09-05-2008, 04:45 PM   #3
2006e904Me
Enlisted Member
0
Rep
35
Posts

Drives: 2006 325i Silver/Black
Join Date: Aug 2008
Location: Los Angeles, CA

iTrader: (0)

Not sure you have one in your area but I've sold two cars to CarMax and the experience was good for me in both cases. You get somewhere in between trade in and private party.
Appreciate 0
      09-05-2008, 05:03 PM   #4
richardew
Second Lieutenant
richardew's Avatar
9
Rep
272
Posts

Drives: 2011 x335i
Join Date: Aug 2008
Location: suburban Phila

iTrader: (0)

cars.com
__________________
Rich

'96 911 C4 Cab (276,000 1 owner smiles)
'11 X3 35i Black Sapphire/Beige,SAP, CP, CWP, DHP, PREM, TECH, Sat radio, Hi Fi, BMW apps, smartphone, 19" w/mixed performance tires.
Appreciate 0
      09-05-2008, 05:08 PM   #5
hotrod2448
grand poobah
hotrod2448's Avatar
United_States
254
Rep
2,253
Posts

Drives: F80 M3, F10 535i
Join Date: Dec 2006
Location: Charlotte, NC

iTrader: (0)

Garage List
2011 335d  [0.00]
Quote:
Originally Posted by Crown335xi View Post
Ok so basically I have to sell my X5 before my 335xi shows up from production or i will be forced to trade it in and take a 4-5k$ hit because i owe the bank too much money. I'm in the ny/nj area and have never sold a car worth more then 10k privately so i am having trouble finding serious buyers and am not very good with this. Anyone have any suggestions on the fastest and most efficient way to sell a car that's worth over 15k? I am relatively new to the forums and have already noticed you all seem to be really good with this kind of stuff. Any recommendations would be really appreciated and a great help. I have not yet tried ebaymotors or anything online like that because i am not sure if its worth my time if it is ineffective. Ofcourse, I will post pics of my NEW car when it comes in because you are all pic junkies lol. Thanks for your time.
As you are learning just by your presence here the internet is not a fad. Ebaymotors, Autotrader.com, and Craiglist are all good outlets.

I personally have had very good success with autotrader.com.
Appreciate 0
      09-05-2008, 05:15 PM   #6
BMW F22
Major General
BMW F22's Avatar
United_States
3566
Rep
9,788
Posts

Drives: ///M235i
Join Date: Nov 2005
Location: Bay Area

iTrader: (8)

When selling online, make sure you either get cash for the car or get money order (whatever it is that will ensure you're safe). Just don't get scammed when selling it privately.
Appreciate 0
      09-05-2008, 05:19 PM   #7
wj4
Major General
United_States
335
Rep
7,719
Posts

Drives: E90 manual 335i
Join Date: Nov 2006
Location: Burbank, CA

iTrader: (8)

Quote:
Originally Posted by Kenny@JleviSW View Post
When selling online, make sure you either get cash for the car or get money order (whatever it is that will ensure you're safe). Just don't get scammed when selling it privately.
I would also make sure the money order is certified from a major bank. I read about too many car scams that involve regular money orders.
Appreciate 0
      09-05-2008, 05:23 PM   #8
2006e904Me
Enlisted Member
0
Rep
35
Posts

Drives: 2006 325i Silver/Black
Join Date: Aug 2008
Location: Los Angeles, CA

iTrader: (0)

+1
Appreciate 0
      09-05-2008, 05:29 PM   #9
getInline
Lieutenant
getInline's Avatar
Canada
12
Rep
412
Posts

Drives: 2008 335 Coupe, c32 AMG
Join Date: Nov 2007
Location: Parts Unknown

iTrader: (1)

I have just sold two cars in the past 6 months and craigslist was definitely my best advertising medium. I had much better responses from it over our local newspapers and autotrader. It did take time but the good news is that we're entering into winter when more people start thinking about SUVs, bad news of course is the gas prices putting downward pressure on the resale value of SUVs.

If you're going to use craigslist I can give you my template for a much better looking HTML ad within craigslist.
Appreciate 0
      09-05-2008, 05:35 PM   #10
getInline
Lieutenant
getInline's Avatar
Canada
12
Rep
412
Posts

Drives: 2008 335 Coupe, c32 AMG
Join Date: Nov 2007
Location: Parts Unknown

iTrader: (1)

Quote:
Originally Posted by Kenny@JleviSW View Post
When selling online, make sure you either get cash for the car or get money order (whatever it is that will ensure you're safe). Just don't get scammed when selling it privately.
+1. If you can arrange the transaction to occur during banking hours you can call your buyer's bank to verify the bank draft or certified check.

Just try to be tactful, one of my buyers was really insulted and almost walked away....which made me more nervous but as it turns out he was legit but sensitive. He looked a little rough and I guess he thought I was judging him; I would've done the same thing if he looked like Skippy from the local tennis club.
Appreciate 0
      09-06-2008, 09:49 AM   #11
hotrod2448
grand poobah
hotrod2448's Avatar
United_States
254
Rep
2,253
Posts

Drives: F80 M3, F10 535i
Join Date: Dec 2006
Location: Charlotte, NC

iTrader: (0)

Garage List
2011 335d  [0.00]
Quote:
Originally Posted by getInline View Post
+1. If you can arrange the transaction to occur during banking hours you can call your buyer's bank to verify the bank draft or certified check.

Just try to be tactful, one of my buyers was really insulted and almost walked away....which made me more nervous but as it turns out he was legit but sensitive. He looked a little rough and I guess he thought I was judging him; I would've done the same thing if he looked like Skippy from the local tennis club.
I agree. I don't care what you look like when we are exchanging property and thousands of dollars I want to be sure everything is on the up and up. No reason to be offended it's just business.

One polite way to bring it up is if you go the bank you can have their notary do the title work if you have it. I always try to have title in hand for these sales. It makes the process much easier. I can understand the buyer feeling a bit weird about giving you the money and you telling him "I'll give you the title in a week or two when it shows up but, I'll take your money now."
Appreciate 0
Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 02:17 AM.




e90post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST