Quote:
Originally Posted by scotthilly
Haha, I definetly am but hey - we’re all crazy about cars.
I’ve been 50/50 in threads and there’s multiple cars I’ve said are fairly priced and multiple ones I’ve said that aren’t.
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No, fair point. I'm on the "higher end" of what one might expect for a salvage title for three reasons.
1. The highly-desirable 513M wheels
2. The specs (THP, stick, packages)
3. The value its given me. The value of a clean title, Stage 1 '17 440i manual that would be worth in the low-30's were it not salvage with a buzzy drivetrain.
I have my dealer's license, specializing in retail salvage sales, as a side-hustle. Personal experience & industry consensus of salvage is 70-80% the value of a comparable clean title.
Say this were clean title, listed at $32k, then 75% of that would come out to 24k.
The wheels add ~2.3k in value, and any perceived defects would be used as negotiate bait.
That's why I have it listed for what its currently at, with ample room for negotiation.
Cheers!