Consignment dealer

Bobby Pynes · 11-14-2011, 07:43 PM

Has anyone had any luck or just experience with selling your BMW with a consignment dealer?

Sunnyvale motors is saying they will put all the costs of selling it on their Backs. Up price it 2,000 and if it doesn\'t sell in 90 days give me my asking price.

Anyone have any personal experience to share? My first foray into this dimension.

J02 335i · 11-14-2011, 07:54 PM

What? Never heard of this. How can you go wrong?

Bobby Pynes · 11-14-2011, 08:17 PM

Quote:

Originally Posted by J02 335i

What? Never heard of this. How can you go wrong?

My problem is that it sounds to good to be true. Makes me nervous....

SS e93 · 11-14-2011, 08:20 PM

What is their cut? Only the price markup of $2000? there has to be more to this.

J02 335i · 11-14-2011, 08:21 PM

Quote:

Originally Posted by bpsf83

My problem is that it sounds to good to be true. Makes me nervous....

Yes it does. Do they have a website/more info?

Bobby Pynes · 11-14-2011, 11:17 PM

Quote:

Originally Posted by icyhot e92

What is their cut? Only the price markup of $2000? there has to be more to this.

Yep. Only the 2000$

Bobby Pynes · 11-14-2011, 11:18 PM

Quote:

Originally Posted by icyhot e92

What is their cut? Only the price markup of $2000? there has to be more to this.

And I suppose whatever they make off the financing to the new buyer.

Bobby Pynes · 11-14-2011, 11:19 PM

Quote:

Originally Posted by J02 335i

Quote:

Originally Posted by bpsf83

My problem is that it sounds to good to be true. Makes me nervous....

Yes it does. Do they have a
website/more info?

Www.sunnyvalemotorcars.com

EYE4SPEED · 11-15-2011, 05:51 AM

Around here it is $200 listing fee and 5% or $750 (whichever is more). For a BMW, unless it is a rare model, why not just list it in some forums and on Autotrader? If your car was a classic or convertible (in the snow areas), the consignment dealer would have the advantage of both inside storage and bigger market reach all year.

gizmo335i · 11-15-2011, 06:33 AM

If you want to sell your car, don't let some place like that do it for you unless you know what you're doing. Just do what the above says...put it online. And draw on your back window, for sale.

Majikthese42 · 11-15-2011, 06:39 AM

Quote:

Originally Posted by bpsf83

Has anyone had any luck or just experience with selling your BMW with a consignment dealer?

Local indy Porsche shop sold my old Porsche this way. The cost was $500. (The minimum, they do a % of the sales price). Very painless process.

I've known these guys for years, and I'd trust them -- well, maybe not with my daughter -- but certainly with any of my cars.

If they sold BMWs this way, I'd ask them to sell mine when the time comes.

Bobby Pynes · 11-15-2011, 10:07 AM

Quote:

Originally Posted by EYE4SPEED

Around here it is $200 listing fee and 5% or $750 (whichever is more). For a BMW, unless it is a rare model, why not just list it in some forums and on Autotrader? If your car was a classic or convertible (in the snow areas), the consignment dealer would have the advantage of both inside storage and bigger market reach all year.

Because I'm trying to sell it for 26800 which is exactly what I owe. It's been on autotrader, Craigslist, and cars.com. I haven't received a single phone call about it. It's a little over priced for private party sale. Even though it's still u ser original bumper to bumper with maint. And then has CPO after. Plus I have a loan through BMWFS still. Which makes it that much more of a pain. I'm thinking more and more that this consignment is the way to go. But that being said, I get what you're saying.

J02 335i · 11-15-2011, 06:14 PM

Quote:

Originally Posted by bpsf83

Because I'm trying to sell it for 26800 which is exactly what I owe. It's been on autotrader, Craigslist, and cars.com. I haven't received a single phone call about it. It's a little over priced for private party sale. Even though it's still u ser original bumper to bumper with maint. And then has CPO after. Plus I have a loan through BMWFS still. Which makes it that much more of a pain. I'm thinking more and more that this consignment is the way to go. But that being said, I get what you're saying.

Not to be ignorant but I think your price has a lot to do with why you have had no action on this. Even in Canada an 08 328i with 48,000kms is selling under 20k.

Check it out....

http://www.autotrader.ca/a/BMW/3%20S...1217113316750/

Bobby Pynes · 11-15-2011, 07:02 PM

Quote:

Originally Posted by J02 335i

Quote:

Originally Posted by bpsf83

Because I'm trying to sell it for 26800 which is exactly what I owe. It's been on autotrader, Craigslist, and cars.com. I haven't received a single phone call about it. It's a little over priced for private party sale. Even though it's still u ser original bumper to bumper with maint. And then has CPO after. Plus I have a loan through BMWFS still. Which makes it that much more of a pain. I'm thinking more and more that this consignment is the way to go. But that being said, I get what you're saying.

Not to be ignorant but I think your price has a lot to do with why you have had no action on this. Even in Canada an 08 328i with 48,000kms is selling under 20k.

Check it out....

http://www.autotrader.ca/a/BMW/3 Ser...1217113316750/

None taken. That car isn't CPO. And I'm only 3,000 over kbb for a car with no warranty. My car has CPO warranty. I can only go as low as 25,000 and around here that's 2,000 cheaper than any of the 328i s listed with warranties. At 25,000 I'm losing 1,000$ off what I owe.

Trojan4evr · 11-15-2011, 07:12 PM

Yeah dude, your price is up there. the KBB for my 07 335i CPO till 2013 and under 20k miles with all options except cold weather package is 25k. No offense but your price is just too high.

RupertPupkin · 11-15-2011, 07:17 PM

Got a ton of calls for that same kind of thing when selling my truck. Turned out that most were scams.

EYE4SPEED · 11-15-2011, 07:32 PM

At the end of the day, your car is only worth what someone is willing to pay. Sort of like selling your house - these days, it's rare to get out even. Bite the bullet and throw a couple grand at it and get rid of it.

Bobby Pynes · 11-15-2011, 08:06 PM

I don't get it. At 25,500 im 600$ below edmunds TMV on the vehicle appraisal. That doesn't even take into account that it has the warranty. How is this 25,500$ way over priced?

Bobby Pynes · 11-15-2011, 08:08 PM

Quote:

Originally Posted by Trojan4evr

Yeah dude, your price is up there. the KBB for my 07 335i CPO till 2013 and under 20k miles with all options except cold weather package is 25k. No offense but your price is just too high.

Edmunds is a more accurate assessment than KBB. Sounds like you got a killer deal though! Congrats! And again. I appreciate your input. No offense taken, I welcome all commentary.

joots · 11-15-2011, 09:13 PM

Get an appraisal at car max before you sell it.

Trojan4evr · 11-16-2011, 01:36 AM

Quote:

Originally Posted by bpsf83

Edmunds is a more accurate assessment than KBB. Sounds like you got a killer deal though! Congrats! And again. I appreciate your input. No offense taken, I welcome all commentary.

The number i gave you was what I was looking for to see how much my car was worth. I wish I got that deal. Good luck brother. I'd say do it yoself.

Bobby Pynes · 11-16-2011, 02:03 AM

Quote:

Originally Posted by joots

Get an appraisal at car max before you sell it.

Isn't car max low ballerina hell?

11-14-2011, 07:43 PM	#1
Bobby Pynes Second Lieutenant 31 Rep 287 Posts Drives: 2012 G37S Loaded Join Date: Jul 2011 Location: San Francisco iTrader: (0)	Consignment dealer Has anyone had any luck or just experience with selling your BMW with a consignment dealer? Sunnyvale motors is saying they will put all the costs of selling it on their Backs. Up price it 2,000 and if it doesn\'t sell in 90 days give me my asking price. Anyone have any personal experience to share? My first foray into this dimension. __________________ Bobby Pynes
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11-14-2011, 07:54 PM	#2
J02 335i Lieutenant Colonel 39 Rep 1,558 Posts Drives: F80 M3 Join Date: Aug 2010 Location: Ontario iTrader: (1)	What? Never heard of this. How can you go wrong? __________________ Sport pack, JB3, Dci, factory oil cooler, 18" M3 reps, Michelin PSS, painted trim, black grills, smoked side markers, LED plate lights, H&R coils, Borla catback
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11-14-2011, 08:20 PM	#4
SS e93 Captain 27 Rep 850 Posts Drives: e93 M3 Join Date: Sep 2009 Location: new york iTrader: (2)	What is their cut? Only the price markup of $2000? there has to be more to this.
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11-15-2011, 05:51 AM	#9
EYE4SPEED Ex-Diesel Driver 63 Rep 2,000 Posts Drives: Audi SQ5 Join Date: Apr 2010 Location: West Coast... of Michigan iTrader: (22)	Around here it is $200 listing fee and 5% or $750 (whichever is more). For a BMW, unless it is a rare model, why not just list it in some forums and on Autotrader? If your car was a classic or convertible (in the snow areas), the consignment dealer would have the advantage of both inside storage and bigger market reach all year. __________________ FS: HRE Center Caps http://www.e90post.com/forums/showth...post13972317l]
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11-15-2011, 06:33 AM	#10
gizmo335i Colonel 163 Rep 2,979 Posts Drives: 07 SBM E92 335i 6MT Join Date: Oct 2009 Location: New Jersey iTrader: (51) Garage List 2007 E92 335i [9.42]	If you want to sell your car, don't let some place like that do it for you unless you know what you're doing. Just do what the above says...put it online. And draw on your back window, for sale. __________________ In the process of restoring an 07 335i
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11-15-2011, 07:12 PM	#15
Trojan4evr Lieutenant Colonel 494 Rep 1,922 Posts Drives: 2021 G80 M3 Join Date: Oct 2009 Location: Socal iTrader: (0) Garage List 2011 BMW/ E82 135i [1.00] 2007 BMW/ E90 335i [5.50]	Yeah dude, your price is up there. the KBB for my 07 335i CPO till 2013 and under 20k miles with all options except cold weather package is 25k. No offense but your price is just too high. __________________ '21 G80 M3 '11 E82 135i DCT (Gone but not forgotten) '08 E90 335i (Gone but not forgotten)
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11-15-2011, 07:17 PM	#16
RupertPupkin Major 92 Rep 1,456 Posts Drives: Freak Beast Join Date: Aug 2011 Location: East iTrader: (5)	Got a ton of calls for that same kind of thing when selling my truck. Turned out that most were scams.
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11-15-2011, 07:32 PM	#17
EYE4SPEED Ex-Diesel Driver 63 Rep 2,000 Posts Drives: Audi SQ5 Join Date: Apr 2010 Location: West Coast... of Michigan iTrader: (22)	At the end of the day, your car is only worth what someone is willing to pay. Sort of like selling your house - these days, it's rare to get out even. Bite the bullet and throw a couple grand at it and get rid of it. __________________ FS: HRE Center Caps http://www.e90post.com/forums/showth...post13972317l]
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11-15-2011, 08:06 PM	#18
Bobby Pynes Second Lieutenant 31 Rep 287 Posts Drives: 2012 G37S Loaded Join Date: Jul 2011 Location: San Francisco iTrader: (0)	I don't get it. At 25,500 im 600$ below edmunds TMV on the vehicle appraisal. That doesn't even take into account that it has the warranty. How is this 25,500$ way over priced? __________________ Bobby Pynes
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11-15-2011, 09:13 PM	#20
joots Private 6 Rep 62 Posts Drives: e90 328xi Join Date: Nov 2010 Location: ks iTrader: (0)	Get an appraisal at car max before you sell it.
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