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Fey! View Drop Down
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Direct Link To This Post Topic: Offloading 523
    Posted: 08-August-2005 at 11:29

A friend of mine has hit some financial difficulty and has to sell his beloved e39 523 Steptronic.  He only bought it around April, and it's breaking his heart to get rid of it.

Where is the best place for him to advertise it, and what should he look for for it?

It's 1998, black, SE, 523, Steptronic, c. 80K.

Thanks.

Fey!



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Direct Link To This Post Posted: 08-August-2005 at 12:01
Sounds tasty... need pics.

CBG is the norm. Irish Times if you can justify it.

If it is in good shape I'd put it in for (at a guess) 14k

Paul
1996 e34 525i SE Touring [uberwagon!]
1992 e36 325i Coupe [track car]
1998 e36 316i SE Saloon [sold... but missed]
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Direct Link To This Post Posted: 08-August-2005 at 12:06

Looks wise, it's the same as mine was originally; the pic here is of mine as it used to be, not his.

I think €14k is in or around what he hoped to get.


His alloys are different;  can't remember shat type they are, though.

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Direct Link To This Post Posted: 08-August-2005 at 13:28

Fey

Carzone website is a good advertizing location as well, now taking private ads.

€14k is probably a bit strong for the age and miles.  €11-12k is probably more realistic I'm afraid.

Now: BMW 523i SE '00, 318i SE - e91 '07, 325i Coupe '93.

Prev:
e46 328i SE Touring, 330Ci, 318Ci.
e39 523i SE.
e36 325i Coupe *2, 323i SE, 316iSE.
e30 325iSE 2dr, 320i Conv, 320i 2dr, 316i.
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Direct Link To This Post Posted: 09-August-2005 at 06:02
Thanks folks.  I'll pass on the info.
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Direct Link To This Post Posted: 09-August-2005 at 06:32
Fey, does it have many toys, as it is an SE model. If it has all the toys, like leather, cruise and climate control + aircon and electrics
Ado
'97 523i & 95 M3
97 Subaru Impreza WRX Sport Wagon (sold)
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Direct Link To This Post Posted: 09-August-2005 at 06:35
Oh and service history could also swing it in his favour.
Ado
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Direct Link To This Post Posted: 09-August-2005 at 06:41
Has climate and cd changer.  No leather; he was about to put it in.  Has the MFSW AFAIK.  Unsure of the rest.  Must check it out.
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Direct Link To This Post Posted: 09-August-2005 at 06:51
I'd say €12k for a private sale wouldn't be bad. I know i've put a fair few quid into mine, and would be very reluctant to sell unless I got a good price. Mine is a 1997 with 70k on the clock, so i'd be looking for at least €12k but hoping for more like your friend.
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Direct Link To This Post Posted: 09-August-2005 at 07:15
It's painful to hear, but on a car like that the lack of leather is a real downer for the average buyer... pity, but i'd say if he was offered 12k he should take it.

Paul
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1998 e36 316i SE Saloon [sold... but missed]
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Direct Link To This Post Posted: 09-August-2005 at 07:28

Very big money being mentioned here. 15 months ago I was able to source a 98 525TDS with 110k, full history, business pack, new turbo, cat etc. from a Nissan dealer for €11k after a couple of weeks negotiation, checking with garage that did engine work etc..

I wouldn't pay more than €10,500 to €11k for it, and I'm really being generous. No doubt he'll find a buyer for more, but you can get em for handy money these days if you shop a bit and do a bit of homework. And if you are prepared to pay trade you're laughing. Most main dealers don't want anything over 5 years old, so they shift them on sans warranty to the trade. Often the cars have a good history. But that's lost cos as the car bounces the trade, the milage gets a haircut before it appears on the forecourt.

So if you go to BMW dealers, ask what they have trade, do your sums, leave a budget for contingency, you can get a steal. Like a 98 528i auto with 130k on the clock, 1 owner (Pat the Baker director if I recall), full BMW history, great spec including leather, phone, full climate,  soggy front shocks but most other stuff replaced.. final price I got was €11k with no warranty. And that was March 04. 

Anyway, I'm going off the point here a bit. As usual!

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S1 Elise 135 Sport
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Formerly E39 TDS, E36 M3, E36 328i, E34 525i, E34 518i
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Direct Link To This Post Posted: 09-August-2005 at 09:45
Originally posted by T.J. T.J. wrote:

Very big money being mentioned here. 15 months ago I was able to source a 98 525TDS with 110k, full history, business pack, new turbo, cat etc. from a Nissan dealer for €11k after a couple of weeks negotiation, checking with garage that did engine work etc..


I wouldn't pay more than €10,500 to €11k for it, and I'm really being generous. No doubt he'll find a buyer for more, but you can get em for handy money these days if you shop a bit and do a bit of homework. And if you are prepared to pay trade you're laughing. Most main dealers don't want anything over 5 years old, so they shift them on sans warranty to the trade. Often the cars have a good history. But that's lost cos as the car bounces the trade, the milage gets a haircut before it appears on the forecourt.


So if you go to BMW dealers, ask what they have trade, do your sums, leave a budget for contingency, you can get a steal. Like a 98 528i auto with 130k on the clock, 1 owner (Pat the Baker director if I recall), full BMW history, great spec including leather, phone, full climate,  soggy front shocks but most other stuff replaced.. final price I got was €11k with no warranty. And that was March 04. 


Anyway, I'm going off the point here a bit. As usual!



I would have thought €9k for a 98 example and around €7k for a 97 one. this is based on what lads are looking for and plus I have the latest copy of the "trade book" which lists trade in prices for cars.

the problem is its a buyers market out there and not a sellers one. what we want for our cars and what we get are poles apart!!
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Direct Link To This Post Posted: 09-August-2005 at 11:25
True, and I think if we have something good that we cherished and looked after, we should stick with it until a really keen buyer comes along with deep pockets.
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Direct Link To This Post Posted: 09-August-2005 at 11:27
Unfortunatly, I don't know if he can.
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