How much is my car worth?

f30Seth · 04-02-2009, 02:55 AM

Hey guys, I was wondering if I could get some insights on this matter from you guys. I might move back to Korea this coming summer, and if I do go back I have to get rid of my car. So the question is, how much is my car?

2008 Feb build, Delivered in April. E92 Jet Black on Black leatherette. 6MT. Purchased.
The only options I have on my car are, USB integration, PDC, heated seats.
I believe I have around 14,XXX kms on my car. I bought it in BC and drove it over to ON. So that's like 5000 kms added on odo, which means I only put 9xxx kms on odo from daily driving for the past year. So my car has been sitting in its parking lot for most of the time. It has a loonie-size ding on the passenger's side quarterpanel but its nothing to lose sleep over and WILL fix it and have the car detailed professionally before putting the car up for sale.

I know that I should put some picture up, but I just wanted to know how much it would be worth with above spec. If I were to sell it, it would be anytime between now and August.
Thanks

Soni · 04-02-2009, 06:40 AM

2008 Feb with 14XXX, I will say between $40,000to $43,000.

madman · 04-02-2009, 07:25 AM

About tree fiddy.

w2 · 04-02-2009, 09:00 AM

Assuming its a 328i, black book value is $28-30K. BMW is advertising used 2008 328i e92s at $40-43K in its pre-owned database. E.g.: there's one with sport + premium + logic 7, manual, black + leatherette, 14,000Km in Toronto listing for just under $42,000. I am just guessing that's not a firm price and they could be bargained down into the high $30Ks. That's your competition, though. On the upside, there's only 7 2008 e92's listed for sale by BMW dealers in the GTA.

In my experience, if you try to sell to a dealer, they will offer a little below the low end of the black book value, so probably about $26K. Privately, I would guess you could get low to mid-30s but that would depend on where you're trying to sell and how long you were willing to wait, and whether that sport+premium e29 up there is still on the lot. This may not be the best time to try to unload a 3-series, but there are always bargain hunters in a recession.

SGxi · 04-02-2009, 09:39 AM

He has a E92 coupe, 335i.

ac1208 · 04-02-2009, 10:41 AM

$1
jk

SGxi · 04-02-2009, 10:52 AM

Quote:

Originally Posted by ac1208

$1
jk

I'd buy it for $1.01!!!!

Hopefully you can get a good price for your car Seth!

DeltaBMW'r · 04-02-2009, 11:17 AM

I just bought my 335i... so I'd say you could get between $40k to $42k with the limited number of options your car has.

f30Seth · 04-02-2009, 01:17 PM

Thanks for the inputs guys

. I haven't really decided if I want to sell it just yet.
I'll take care of my car slowly since it needs that little dent removed, and some maintenance work before I decide to sell it privately. It would be very unforunate sell it, If I do. But hey, maybe next gen M3 might be in line

MemphisRheins · 04-02-2009, 01:19 PM

You cant get 40's in this market, maybe mid to high 30's... Its just bad right now

f30Seth · 04-02-2009, 01:23 PM

Quote:

Originally Posted by MemphisRheins

You cant get 40's in this market, maybe mid to high 30's... Its just bad right now

Yeah, I understand the current situation. But the car costs about 10k more here in Canada than in the states. So I have my fingers crossed.

E90PC · 04-02-2009, 07:15 PM

From Canadian Black Book, basic on a Local BC car First owner 2008 E92 335i with 14500km value will be >>>> Low: $35,230.00cdn High: $37,670.00cdn

I know it does not worth much!!!!!

MemphisRheins · 04-02-2009, 07:52 PM

Unfortunately the books are pretty much useless right now too.... My TSX has a Bluebook of 13,400... Right now I'm waiting for an offer above 11.... If you dont have to sell, then dont lol

E90PC · 04-02-2009, 08:10 PM

Quote:

Originally Posted by MemphisRheins

Unfortunately the books are pretty much useless right now too.... My TSX has a Bluebook of 13,400... Right now I'm waiting for an offer above 11.... If you dont have to sell, then dont lol

I agree >>> If you dont have to sell, then dont!!!!!

dpwr · 04-03-2009, 12:22 AM

you'll take the biggest loss by buying it and selling it same year.... even if you not going to use it for a year I would just leave it parked

BaRiZa · 04-03-2009, 02:12 PM

Looking at autotrader (which is where most people look to buy cars here) id say you could sell it easily for $45,000 cdn. The cheapest 08 2dr 335i is listed for $49,800 cdn with same mileage as yours but with sports and premium packages. At the toronto auction where dealers buy their cars off lease 08 e92s go for 41-44k depending on the options and thats as recent as last week. Good luck with yours.

Lotus99 · 04-03-2009, 02:14 PM

Sorry, but good luck getting $40k plus in this economy - and I'm assuming you're selling it privately - on a unique high end car like that. Lately, on trades most people haven't been coming close to BB values. I doubt retail is doing much better either.

As a base, BCAA says for your car:

Average Trade-in: $34,750.00 Average Retail: $38,825.00

Based on the kilometers you have entered, your vehicle would fall above

the Average Trade-In price shown.

.
.
And I'd then take a bit off those numbers for real world values these days.

MemphisRheins · 04-03-2009, 03:56 PM

Best place to look for numbers is the Manheim Auto Auction in the US right now... thats gonna give you the most realistic numbers.

dpwr · 04-03-2009, 04:15 PM

Quote:

Originally Posted by MemphisRheins

Best place to look for numbers is the Manheim Auto Auction in the US right now... thats gonna give you the most realistic numbers.

we are in canada, our cars in general cost more

Lotus99 · 04-04-2009, 06:38 PM

Yeah, but if you do manage to get auction pricing, that's the real guide to what the dealer will give you on trade. BB can be outdated, and doesn't account for differences in regions (West usually worth more than East).

For retail, looking at autotrader or local Craigslist gives you a good idea, especially if you see car ads sitting there for a while, or the same ad being resubmitted every month (which I've seen!) then it gives you a good idea that the guy's price is probably out to lunch.

04-02-2009, 02:55 AM	#1
f30Seth Futuristic 23 Rep 774 Posts Drives: f30 328i AW Join Date: Dec 2007 Location: Seoul, Toronto iTrader: (1)	How much is my car worth? Hey guys, I was wondering if I could get some insights on this matter from you guys. I might move back to Korea this coming summer, and if I do go back I have to get rid of my car. So the question is, how much is my car? 2008 Feb build, Delivered in April. E92 Jet Black on Black leatherette. 6MT. Purchased. The only options I have on my car are, USB integration, PDC, heated seats. I believe I have around 14,XXX kms on my car. I bought it in BC and drove it over to ON. So that's like 5000 kms added on odo, which means I only put 9xxx kms on odo from daily driving for the past year. So my car has been sitting in its parking lot for most of the time. It has a loonie-size ding on the passenger's side quarterpanel but its nothing to lose sleep over and WILL fix it and have the car detailed professionally before putting the car up for sale. I know that I should put some picture up, but I just wanted to know how much it would be worth with above spec. If I were to sell it, it would be anytime between now and August. Thanks __________________ 2007 E92 335i Jet Black -RETIRED- 2013 F30 328i Alpine White
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04-02-2009, 06:40 AM	#2
Soni Major General 219 Rep 8,375 Posts Drives: Just a car Join Date: Feb 2007 Location: CANADA eh! iTrader: (35) Garage List 2007 335i Coupe [9.00]	2008 Feb with 14XXX, I will say between $40,000to $43,000.
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04-02-2009, 07:25 AM	#3
madman Major 110 Rep 1,252 Posts Drives: The Above Join Date: Nov 2007 Location: Lincolnshire, UK iTrader: (0)	About tree fiddy. __________________ If you're not living on the edge, you're taking up too much space.
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04-02-2009, 09:00 AM	#4
w2 Private First Class 1 Rep 143 Posts Drives: 335i coupe Join Date: Apr 2008 Location: Ottawa, Canada iTrader: (0)	Assuming its a 328i, black book value is $28-30K. BMW is advertising used 2008 328i e92s at $40-43K in its pre-owned database. E.g.: there's one with sport + premium + logic 7, manual, black + leatherette, 14,000Km in Toronto listing for just under $42,000. I am just guessing that's not a firm price and they could be bargained down into the high $30Ks. That's your competition, though. On the upside, there's only 7 2008 e92's listed for sale by BMW dealers in the GTA. In my experience, if you try to sell to a dealer, they will offer a little below the low end of the black book value, so probably about $26K. Privately, I would guess you could get low to mid-30s but that would depend on where you're trying to sell and how long you were willing to wait, and whether that sport+premium e29 up there is still on the lot. This may not be the best time to try to unload a 3-series, but there are always bargain hunters in a recession.
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04-02-2009, 09:39 AM	#5
SGxi Major General 158 Rep 6,805 Posts Drives: E90 328xi Join Date: Oct 2006 Location: Toronto iTrader: (17) Garage List 2007 328xi [0.00]	He has a E92 coupe, 335i. __________________ MY07 A22 E90 N52Nxi
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04-02-2009, 10:41 AM	#6
ac1208 Captain 18 Rep 600 Posts Drives: 335i Join Date: Nov 2007 Location: Toronto iTrader: (3)	$1 jk
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04-02-2009, 11:17 AM	#8
DeltaBMW'r First Lieutenant 23 Rep 335 Posts Drives: 2011 E92 M3 Join Date: Mar 2009 Location: Delta iTrader: (10)	I just bought my 335i... so I'd say you could get between $40k to $42k with the limited number of options your car has.
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04-02-2009, 01:17 PM	#9
f30Seth Futuristic 23 Rep 774 Posts Drives: f30 328i AW Join Date: Dec 2007 Location: Seoul, Toronto iTrader: (1)	Thanks for the inputs guys . I haven't really decided if I want to sell it just yet. I'll take care of my car slowly since it needs that little dent removed, and some maintenance work before I decide to sell it privately. It would be very unforunate sell it, If I do. But hey, maybe next gen M3 might be in line __________________ 2007 E92 335i Jet Black -RETIRED- 2013 F30 328i Alpine White
	Appreciate 0 Quote

04-02-2009, 01:19 PM	#10
MemphisRheins Second Lieutenant 13 Rep 244 Posts Drives: 06 330xi Join Date: Feb 2009 Location: Long Island/ Pennsylvania iTrader: (2)	You cant get 40's in this market, maybe mid to high 30's... Its just bad right now __________________ 2006 330xi 6MT, ZCW/ZPP/ZSP
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04-02-2009, 07:15 PM	#12
E90PC Lieutenant 40 Rep 517 Posts Drives: E90 330i Join Date: Apr 2007 Location: Vancouver iTrader: (9)	From Canadian Black Book, basic on a Local BC car First owner 2008 E92 335i with 14500km value will be >>>> Low: $35,230.00cdn High: $37,670.00cdn I know it does not worth much!!!!! __________________ 06’ SG E90 \| Sport Package \| 35% Tint \| Mtec V3.0 Angels Eyes \| Blacklines \| 19" BBS LM Rep \| RPI Air Scoops \| RE Ikon Exhaust \| CF CSL Trunk \| CF ACS Roof Spoiler \| Hamann Eyelid \| Matte Black Grill \| OEM 335 Calipers & Rotors \| 3000k HID Foglight \| OEM Splitters + Hamann Style Lip \| CF Vinyl Trim *CF Vinyl Interior Trim*
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04-02-2009, 07:52 PM	#13
MemphisRheins Second Lieutenant 13 Rep 244 Posts Drives: 06 330xi Join Date: Feb 2009 Location: Long Island/ Pennsylvania iTrader: (2)	Unfortunately the books are pretty much useless right now too.... My TSX has a Bluebook of 13,400... Right now I'm waiting for an offer above 11.... If you dont have to sell, then dont lol __________________ 2006 330xi 6MT, ZCW/ZPP/ZSP
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04-03-2009, 12:22 AM	#15
dpwr Captain 36 Rep 852 Posts Drives: a good one Join Date: Oct 2008 Location: Toronto iTrader: (0)	you'll take the biggest loss by buying it and selling it same year.... even if you not going to use it for a year I would just leave it parked
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04-03-2009, 02:12 PM	#16
BaRiZa New Member 6 Rep 18 Posts Drives: 335i coupe AW Join Date: Mar 2009 Location: toronto iTrader: (1)	Looking at autotrader (which is where most people look to buy cars here) id say you could sell it easily for $45,000 cdn. The cheapest 08 2dr 335i is listed for $49,800 cdn with same mileage as yours but with sports and premium packages. At the toronto auction where dealers buy their cars off lease 08 e92s go for 41-44k depending on the options and thats as recent as last week. Good luck with yours.
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04-03-2009, 02:14 PM	#17
Lotus99 Colonel 628 Rep 2,808 Posts Drives: 19 M2C & 18 X3 M40i Join Date: Jul 2007 Location: Canada iTrader: (1)	Sorry, but good luck getting $40k plus in this economy - and I'm assuming you're selling it privately - on a unique high end car like that. Lately, on trades most people haven't been coming close to BB values. I doubt retail is doing much better either. As a base, BCAA says for your car: Average Trade-in: $34,750.00 Average Retail: $38,825.00 Based on the kilometers you have entered, your vehicle would fall above the Average Trade-In price shown. . . And I'd then take a bit off those numbers for real world values these days.
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04-03-2009, 03:56 PM	#18
MemphisRheins Second Lieutenant 13 Rep 244 Posts Drives: 06 330xi Join Date: Feb 2009 Location: Long Island/ Pennsylvania iTrader: (2)	Best place to look for numbers is the Manheim Auto Auction in the US right now... thats gonna give you the most realistic numbers. __________________ 2006 330xi 6MT, ZCW/ZPP/ZSP
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04-04-2009, 06:38 PM	#20
Lotus99 Colonel 628 Rep 2,808 Posts Drives: 19 M2C & 18 X3 M40i Join Date: Jul 2007 Location: Canada iTrader: (1)	Yeah, but if you do manage to get auction pricing, that's the real guide to what the dealer will give you on trade. BB can be outdated, and doesn't account for differences in regions (West usually worth more than East). For retail, looking at autotrader or local Craigslist gives you a good idea, especially if you see car ads sitting there for a while, or the same ad being resubmitted every month (which I've seen!) then it gives you a good idea that the guy's price is probably out to lunch.
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