How much to put car up at? E46 M3 Cab, 04, 36k miles
Discussion
How much would you pitch the following at chaps?
2004/54 E46 M3 Convertible. Grey with black leather. 19's. 3 previous owners. 36k miles so quite low. FSH. Manual.
I think i'm right in saying that manuals are more desirable, car is mint inside/outside/mechanically.
The only thing that needs doing is the wheels could do with a refurb, not from kerbing but they have gone a bit 'milky'.
It's not high on options such as sat nav etc, does this make much of a difference?
Is it best to take it to BMW or a specialist so they buy it into stock to avoid hassle/timewasters/test drivers or do they really make an insulting bid?
2004/54 E46 M3 Convertible. Grey with black leather. 19's. 3 previous owners. 36k miles so quite low. FSH. Manual.
I think i'm right in saying that manuals are more desirable, car is mint inside/outside/mechanically.
The only thing that needs doing is the wheels could do with a refurb, not from kerbing but they have gone a bit 'milky'.
It's not high on options such as sat nav etc, does this make much of a difference?
Is it best to take it to BMW or a specialist so they buy it into stock to avoid hassle/timewasters/test drivers or do they really make an insulting bid?
Difficult to put a price on these.I'm looking to sell my 53 plate M3 cab in the next few months and have been looking at them in the classifieds to try and get an idea on price and they just seem to vary so much.
You will see cars such as your's going for anything between £12k and £16k.
You are probably best looking at a few ads to try and get a feel for where yours is in terms of price then advertise it at the higher end and see what kind of intrest/offers you get.If you dont get any you can assume it is too high and reduce the price.
Another thing to consider when selling your car is what kind of bills will a new owner be looking at.They are not going to pay top end no matter how clean and low miles it is if it needs tyres,brakes and a service a few months after they buy it.
Oh and dont bother selling it to a trader unless you are absolutely desperate.They WILL take the piss in a big way!!
You will see cars such as your's going for anything between £12k and £16k.
You are probably best looking at a few ads to try and get a feel for where yours is in terms of price then advertise it at the higher end and see what kind of intrest/offers you get.If you dont get any you can assume it is too high and reduce the price.
Another thing to consider when selling your car is what kind of bills will a new owner be looking at.They are not going to pay top end no matter how clean and low miles it is if it needs tyres,brakes and a service a few months after they buy it.
Oh and dont bother selling it to a trader unless you are absolutely desperate.They WILL take the piss in a big way!!
Traders seem to offer anywhere between £2&4k less than an M3 would sell privately, and probably £5k less than retail. If you are desperate to sell stick it in the classified for £1.5k more than trade have offered you and vet enquiries at the initial stage by being very autocratic in your response.
trouble with selling M3s is they attract such a plethora of different buyers, dreamers - who can't really afford it, innits - who can't really afford it, geeks - who come and point out every tiny imperfection in your car until you're nearly ready to bash their head against the wall and tell them to buy a f*cking new f*cking car (two profanities are probably necessary - i can bat off speculative e mails all day but standing in the freezing cold whilst someone goes round your car for nearly 2 hours with a clipboard is a bit trying - i was hoping i'd be able to go and warm up but no, then he started on the service history). it's good that the genuine buyers are out there though...
I'd say the suggested range sounds reasonable, upper end you might find sticks a bit until the weather properly starts to change, lower end will get it shifted a bit quicker.
trouble with selling M3s is they attract such a plethora of different buyers, dreamers - who can't really afford it, innits - who can't really afford it, geeks - who come and point out every tiny imperfection in your car until you're nearly ready to bash their head against the wall and tell them to buy a f*cking new f*cking car (two profanities are probably necessary - i can bat off speculative e mails all day but standing in the freezing cold whilst someone goes round your car for nearly 2 hours with a clipboard is a bit trying - i was hoping i'd be able to go and warm up but no, then he started on the service history). it's good that the genuine buyers are out there though...
I'd say the suggested range sounds reasonable, upper end you might find sticks a bit until the weather properly starts to change, lower end will get it shifted a bit quicker.
16k would be 55/06 money IMO.
I would say £13k would be about the most you could expect to get for it, and that would be in a couple of months once the good weather gets here (hopefully) and people start thinking about convertibles.
Mileage is in your favour, but by the sounds of it spec isn't. People still seem quite hung up over spec, even though the nav is crap and the TV wouldn't work anyway unless it was digital. Nevertheless, people still make a big deal about it when valuing these cars.
If your car is in good nick then try and hold out for as long and as much as possible. One thing I learnt very quickly when buying mine was that there is a massive range of difference between the best and worst condition ones. Eventually you WILL find someone that appreciates the condition and is prepared to pay slightly more for a well looked after and well maintained car, these are the type of buyers you want. Those out to pick up a cheap bargain don't usually know the market or the consequences of buying a cheap M3, try to suss them out over the phone and avoid like the plague.
I would say £13k would be about the most you could expect to get for it, and that would be in a couple of months once the good weather gets here (hopefully) and people start thinking about convertibles.
Mileage is in your favour, but by the sounds of it spec isn't. People still seem quite hung up over spec, even though the nav is crap and the TV wouldn't work anyway unless it was digital. Nevertheless, people still make a big deal about it when valuing these cars.
If your car is in good nick then try and hold out for as long and as much as possible. One thing I learnt very quickly when buying mine was that there is a massive range of difference between the best and worst condition ones. Eventually you WILL find someone that appreciates the condition and is prepared to pay slightly more for a well looked after and well maintained car, these are the type of buyers you want. Those out to pick up a cheap bargain don't usually know the market or the consequences of buying a cheap M3, try to suss them out over the phone and avoid like the plague.
Does the year of these cars matter enough to +/- thousands to the price?
Personally the important thing that I would look for is condition, mileage, history, no of owners, colour and specification.
For me the year is irrelevant as they hardly changed throughout the production bar a couple of minor cosmetic tweaks. Plus, they are now two model revisions out of date and look 'old' in comparison regardless of the digits on the number plate. OK the shells issue was resolved but as long as the recall was done then so what.
I am also surprised that people will pay a premium for the satnav! Its s
t! I have it on mine and I would rather use NAVFREE on my iPhone.
I would avoid SMG like a concrete elephant in the road — just because of the stigma of unreliability although I agree this is probably overplayed.
Oh, OP I would also get your subframe mounting points inspected and include the clean bill of health in the advert. Savvy buyers are now well aware of this and can make or break a sale. I had mine reinforced at www.mprovesolutions.com as mine was undamaged and figured it would be a good resale point.
OP wait until April/May until people are thinking of sunshine and a soft top — then I would be advertising it for £13500 with a realistic proposition of a sale.
You WILL get all the bellends coming out of the woodwork offering you £5k and a Honda Civic etc. Just ignore them as they usually text the offer.
Personally the important thing that I would look for is condition, mileage, history, no of owners, colour and specification.
For me the year is irrelevant as they hardly changed throughout the production bar a couple of minor cosmetic tweaks. Plus, they are now two model revisions out of date and look 'old' in comparison regardless of the digits on the number plate. OK the shells issue was resolved but as long as the recall was done then so what.
I am also surprised that people will pay a premium for the satnav! Its s
t! I have it on mine and I would rather use NAVFREE on my iPhone.I would avoid SMG like a concrete elephant in the road — just because of the stigma of unreliability although I agree this is probably overplayed.
Oh, OP I would also get your subframe mounting points inspected and include the clean bill of health in the advert. Savvy buyers are now well aware of this and can make or break a sale. I had mine reinforced at www.mprovesolutions.com as mine was undamaged and figured it would be a good resale point.
OP wait until April/May until people are thinking of sunshine and a soft top — then I would be advertising it for £13500 with a realistic proposition of a sale.
You WILL get all the bellends coming out of the woodwork offering you £5k and a Honda Civic etc. Just ignore them as they usually text the offer.
Just to help you, I sold my friends for him in November 2011 with the following..
Silver Grey Cab 2004 facelift SMG with Imola Red interior, all the spec excluding Harmon Kardon, 31k miles and BMW extended monthly warranty. It was in excellent condition.
Got £14,750 for it. First guy that came bought it, but theres so many on the market - good luck.
Silver Grey Cab 2004 facelift SMG with Imola Red interior, all the spec excluding Harmon Kardon, 31k miles and BMW extended monthly warranty. It was in excellent condition.
Got £14,750 for it. First guy that came bought it, but theres so many on the market - good luck.
Hi Mate, just my 2 pence.
I would be looking to pay 12.5k-13k (13k being top end) . How to I come to this value. I have looked at these cars week in and week out for the last 2 years, always wanted one and still do, I have seen some amazing examples go for great prices.
Its just a sad state of affairs these days as few people wants such lairy motors and the people that do want them want the ones in top nick with best history and colour etc etc and as there is so much choice, if your car falls in any areas as in your case maybe not having full bmw service history, 3 owners over 36K (may raise questions of clocking or abuse in some peoples heads), lack of options then these cars have to go at a desirable price in order to sell.
Please please dont take any offence to this, I am just stating my own opinion of what the market is like and what buyers are like, I hope this information helps you to sell your car, I am not in the market of buying one at the moment (just bought an A8, however do want one at some point next year
Just as an exmaple to bench your car against.two days ago on pistonheads I seen a 2005 54 plate BMW M3 Vert, manual, 40k miles, the thing looked immacuate, one owner from new, full bmw service history and recently had the service done (inspc 2), tv, sat nav, ful leather, memeory seats, wind deflector, heated seats, harman K, etc etc it was loaded quite a bit. It even had the entended bmw warranty which could be passed to the new owner, I am sure i seen this up for approx 14,500. and I have seen ones like these for approx 14k now i am not saying they come up all the time but more frequently than not so you need to bench your m3 against something like that.
obviously i do hope you get what you want for it in terms of value. good luck!
I would be looking to pay 12.5k-13k (13k being top end) . How to I come to this value. I have looked at these cars week in and week out for the last 2 years, always wanted one and still do, I have seen some amazing examples go for great prices.
Its just a sad state of affairs these days as few people wants such lairy motors and the people that do want them want the ones in top nick with best history and colour etc etc and as there is so much choice, if your car falls in any areas as in your case maybe not having full bmw service history, 3 owners over 36K (may raise questions of clocking or abuse in some peoples heads), lack of options then these cars have to go at a desirable price in order to sell.
Please please dont take any offence to this, I am just stating my own opinion of what the market is like and what buyers are like, I hope this information helps you to sell your car, I am not in the market of buying one at the moment (just bought an A8, however do want one at some point next year
Just as an exmaple to bench your car against.two days ago on pistonheads I seen a 2005 54 plate BMW M3 Vert, manual, 40k miles, the thing looked immacuate, one owner from new, full bmw service history and recently had the service done (inspc 2), tv, sat nav, ful leather, memeory seats, wind deflector, heated seats, harman K, etc etc it was loaded quite a bit. It even had the entended bmw warranty which could be passed to the new owner, I am sure i seen this up for approx 14,500. and I have seen ones like these for approx 14k now i am not saying they come up all the time but more frequently than not so you need to bench your m3 against something like that.
obviously i do hope you get what you want for it in terms of value. good luck!
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