What's my 128 worth?

1HungryMan · 04-13-2009, 07:47 AM

For a variety of reasons, I'm thinking of selling my 128. I love the car to death, but it's not the most practical car for the maybe 20 blocks downtown I roam and I spend a lot of time obsessing about where I park it, who goes near it, etc. I'm actually considering a Mini, which is also more practical for my girl, who hates driving the 128 because I'm so crazy about it.

Anyway, it's seven months old '08, has 10.5K clicks on it, sparkling graphite coupe, Sport, Metallic Paint, Leatherette, 6 speed auto, Sunroof, Cashmere trim, USB.

I paid $48k all in, and I'm guessing it's worth somewhere around $30k at this point.

http://dl.getdropbox.com/u/262486/128i3.jpg
http://dl.getdropbox.com/u/262486/128iback.jpg
http://dl.getdropbox.com/u/262486/1series02.jpg
http://dl.getdropbox.com/u/262486/128ifront.jpg

It came with runflats with the pimped rims for summer,( this photo: http://dl.getdropbox.com/u/262486/1series02.jpg ) and I bought a set of Michelin winters with rims off of Tirerack (about $1400) (this photo: http://dl.getdropbox.com/u/262486/128i3.jpg ), and I'd include those.

All receipts, service records, etc etc. included.

Even if you're not interested in buying, I'm interested in what you guys think it's worth. There isn't much used product out there, my color has been discontinued, and the '08 models are getting scarce. Really hard to know its value.

bimmerfile · 04-13-2009, 10:47 AM

Here's what I would do:
Go to one or more of BMW dealers in the area (there's a lot of 'em in the GTA) and get a wholesale quote. You know that they'll add at least $5K to that and stick a CPO label on it.
So you can probably sell it privately for a couple of $K above the wholesale quote.

Ender_ · 04-13-2009, 11:50 AM

Wow you paid $48k? Just ordered my 135i very similar options (but 6spd) and all in (not tax) and it came to $45k. Is it a vert?

I don't think I could take an $18k hit on a car...why not just keep it, the mini isn't much smaller (a smart would be). If your sharing it with your wife why not just try being a bit less 'crazy'

LOL

VFX · 04-13-2009, 12:17 PM

Dude! Don't do it!

Taking a $18k hit on your 128 isn't worth it so soon. Imagine how many Bymark suppers you could've had for $18k!

Just try to be less crazy about the car & just enjoy it.

.

aintgivingnoname · 04-13-2009, 02:51 PM

too crazy bout your car so you're gonna sell it?...youre just gonna cry to death instead lol! dont really get it!...and honestly dude as much as i love my baby, in the end its just a car!

1HungryMan · 04-13-2009, 03:08 PM

You guys aren't helping!

The car is hardly a city car. It's heavy off the front end, doesn't hit its power stride until well into acceleration, and reserves most of its pleasures for highway driving, which I do very little of.

I find that I devote a lot of psychic energy to the car, which irritates me. The solution may be just to get a beater (or a Mini) for city runs. Most of my driving is within a small area of east downtown, and the car's been a headache as much as a blessing since I got it. It's nothing against the car, and more about city life.

It's seriously 50/50 for me: I love the car, but it's not exactly practical for my lifestyle, and more fantasy than reality. That's just me. I've also begun to have a fair bit of guilt about the amount of gas I guzzle. The car's not terrible on gas, but it ain't exactly good either.

Anyway, I appreciate your thoughts, especially VFX's, lol, but I am actually curious what my resale might be. Haven't made a decision, just curious.

Ender_ · 04-13-2009, 03:17 PM

I think we are helping by talking some sence into you!

If you really want to sell it I would start asking at $34k and see if you get any offers...I think you're bat shit insane if you do though...loosing at least $12k in 7 months is crazy.

1HungryMan · 04-13-2009, 03:20 PM

Quote:

Originally Posted by Ender_

I think we are helping by talking some sence into you!

If you really want to sell it I would start asking at $34k and see if you get any offers...I think you're bat shit insane if you do though...loosing at least $12k in 7 months is crazy.

Hey I don't want to lose anymore than I have to, that's why I'm asking. And I do appreciate the intervention.

cricri · 04-13-2009, 05:08 PM

We're talking 48k with taxes, and 30k plus taxes right. If you buy another car you can get some of that money back. Still that's a lot of money if I were you I'd keep the car for like 2 or 3 years and then sell it.

Check the black book value online and substract a few thousand to get an idea of what dealers will offer you. We're so upside down on new car purchases (not just Bmw) it's ridiculous.

Garduna · 04-13-2009, 06:36 PM

You can't do that bro! If anything, enjoy the car for a minimum of at least a 2 year time period! THEN make the switch. Yes the car isn't the most fuel efficient but it's a joy ride car and that's why you have it. The specs that you listed makes the car almost fully loaded...... don't part with it so soon

VFX · 04-14-2009, 12:52 AM

I kinda know how you feel.

I have an SUV & I'm finding it hard to justify the running costs but as it's less than a year old, if I sell it now, I'm probably looking at a $30+k drop!

It's hard to swallow!

Your 1er will probably fetch somewhere around $34-35k if you sell privately & somewhere around $30-32k if you shop it around the dealers.

I paid $37k (plus taxes) for my 1er brand new, but the only options were steptronic, metallic paint, USB & sunroof. I'd expect around $27k for mine if I traded it right now.

If you keep the 1er, I'll buy you dinner next time you're in Vancouver!

.

Garduna · 04-14-2009, 10:01 AM

Quote:

Originally Posted by VFX

If you keep the 1er, I'll buy you dinner next time you're in Vancouver!

That better not be a McDonald dinner bro!

VFX · 04-14-2009, 11:15 AM

Quote:

Originally Posted by Garduna

That better not be a McDonald dinner bro!

nope! lol 1Hungryman likes the good stuff!

.

1HungryMan · 04-14-2009, 01:20 PM

Quote:

Originally Posted by VFX

I kinda know how you feel.

I have an SUV & I'm finding it hard to justify the running costs but as it's less than a year old, if I sell it now, I'm probably looking at a $30+k drop!

It's hard to swallow!

Your 1er will probably fetch somewhere around $34-35k if you sell privately & somewhere around $30-32k if you shop it around the dealers.

Yea, I'd probably sell it if I got $34k. Even with the extra goodies I'm throwing in. But maybe I'll reconsider.

VFX · 04-14-2009, 07:37 PM

Quote:

Originally Posted by 1HungryMan

Yea, I'd probably sell it if I got $34k. Even with the extra goodies I'm throwing in. But maybe I'll reconsider.

$34k wouldn't be too bad right now. But still, $14k drop? That's half a MINI right there.

.

1HungryMan · 04-15-2009, 05:52 AM

Quote:

Originally Posted by VFX

$34k wouldn't be too bad right now. But still, $14k drop? That's half a MINI right there.

.

It's okay, I've blown more on a week in St. Barts.

VFX · 04-15-2009, 11:11 AM

Quote:

Originally Posted by 1HungryMan

It's okay, I've blown more on a week in St. Barts.

Good point.

$14k...?

7 months in 1er

or

1 week in St Barts.

I think I'd take the 128!

.

1HungryMan · 04-15-2009, 11:50 AM

This place was $10k for the week, but it was "WORTH IT" lol.

VFX · 04-15-2009, 12:15 PM

wow! nice! That's some fine living!

Definitely worth the money!

Does your significant other know she's in the pics?

.

1HungryMan · 04-15-2009, 12:17 PM

Quote:

Originally Posted by VFX

wow! nice! That's some fine living!

Definitely worth the money!

Does your significant other know she's in the pics?

.

That's the maid.

VFX · 04-15-2009, 12:54 PM

Quote:

Originally Posted by 1HungryMan

That's the maid.

Nice!

.

bdardashti · 04-15-2009, 01:55 PM

If your car wasn't auto, I'd probably pick it up for $34k! That's an amazing price (for the buyer).

04-13-2009, 07:47 AM	#1
1HungryMan Lieutenant 24 Rep 536 Posts Drives: 2008 128i Join Date: Mar 2008 Location: Toronto iTrader: (0)	What's my 128 worth? For a variety of reasons, I'm thinking of selling my 128. I love the car to death, but it's not the most practical car for the maybe 20 blocks downtown I roam and I spend a lot of time obsessing about where I park it, who goes near it, etc. I'm actually considering a Mini, which is also more practical for my girl, who hates driving the 128 because I'm so crazy about it. Anyway, it's seven months old '08, has 10.5K clicks on it, sparkling graphite coupe, Sport, Metallic Paint, Leatherette, 6 speed auto, Sunroof, Cashmere trim, USB. I paid $48k all in, and I'm guessing it's worth somewhere around $30k at this point. http://dl.getdropbox.com/u/262486/128i3.jpg http://dl.getdropbox.com/u/262486/128iback.jpg http://dl.getdropbox.com/u/262486/1series02.jpg http://dl.getdropbox.com/u/262486/128ifront.jpg It came with runflats with the pimped rims for summer,( this photo: http://dl.getdropbox.com/u/262486/1series02.jpg ) and I bought a set of Michelin winters with rims off of Tirerack (about $1400) (this photo: http://dl.getdropbox.com/u/262486/128i3.jpg ), and I'd include those. All receipts, service records, etc etc. included. Even if you're not interested in buying, I'm interested in what you guys think it's worth. There isn't much used product out there, my color has been discontinued, and the '08 models are getting scarce. Really hard to know its value.
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04-13-2009, 10:47 AM	#2
bimmerfile Colonel 621 Rep 2,067 Posts Drives: 2019 BMW X2 F39 Join Date: Aug 2007 Location: GTA, Canada iTrader: (0)	Here's what I would do: Go to one or more of BMW dealers in the area (there's a lot of 'em in the GTA) and get a wholesale quote. You know that they'll add at least $5K to that and stick a CPO label on it. So you can probably sell it privately for a couple of $K above the wholesale quote. __________________ 2019 X2
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04-13-2009, 11:50 AM	#3
Ender_ Lieutenant 54 Rep 509 Posts Drives: BMW 1M VO, V60 Polestar '24 Join Date: Mar 2009 Location: Ottawa iTrader: (0)	Wow you paid $48k? Just ordered my 135i very similar options (but 6spd) and all in (not tax) and it came to $45k. Is it a vert? I don't think I could take an $18k hit on a car...why not just keep it, the mini isn't much smaller (a smart would be). If your sharing it with your wife why not just try being a bit less 'crazy' LOL
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04-13-2009, 12:17 PM	#4
VFX First Lieutenant 34 Rep 386 Posts Drives: 128i Coupe Join Date: Jul 2008 Location: Vancouver iTrader: (0) Garage List 2008 Porsche Cayenne S [0.00] 2008 BMW 128i Coupe [0.00] 2005 Porsche 987 Bo ... [0.00]	Dude! Don't do it! Taking a $18k hit on your 128 isn't worth it so soon. Imagine how many Bymark suppers you could've had for $18k! Just try to be less crazy about the car & just enjoy it. .
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04-13-2009, 02:51 PM	#5
aintgivingnoname Private 8 Rep 74 Posts Drives: BMW 135i Join Date: Nov 2008 Location: Montreal (West Island) iTrader: (0)	too crazy bout your car so you're gonna sell it?...youre just gonna cry to death instead lol! dont really get it!...and honestly dude as much as i love my baby, in the end its just a car!
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04-13-2009, 03:08 PM	#6
1HungryMan Lieutenant 24 Rep 536 Posts Drives: 2008 128i Join Date: Mar 2008 Location: Toronto iTrader: (0)	You guys aren't helping! The car is hardly a city car. It's heavy off the front end, doesn't hit its power stride until well into acceleration, and reserves most of its pleasures for highway driving, which I do very little of. I find that I devote a lot of psychic energy to the car, which irritates me. The solution may be just to get a beater (or a Mini) for city runs. Most of my driving is within a small area of east downtown, and the car's been a headache as much as a blessing since I got it. It's nothing against the car, and more about city life. It's seriously 50/50 for me: I love the car, but it's not exactly practical for my lifestyle, and more fantasy than reality. That's just me. I've also begun to have a fair bit of guilt about the amount of gas I guzzle. The car's not terrible on gas, but it ain't exactly good either. Anyway, I appreciate your thoughts, especially VFX's, lol, but I am actually curious what my resale might be. Haven't made a decision, just curious.
	Appreciate 0 Quote

04-13-2009, 03:17 PM	#7
Ender_ Lieutenant 54 Rep 509 Posts Drives: BMW 1M VO, V60 Polestar '24 Join Date: Mar 2009 Location: Ottawa iTrader: (0)	I think we are helping by talking some sence into you! If you really want to sell it I would start asking at $34k and see if you get any offers...I think you're bat shit insane if you do though...loosing at least $12k in 7 months is crazy.
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04-13-2009, 05:08 PM	#9
cricri Private First Class 3 Rep 105 Posts Drives: 2009 128i Join Date: Sep 2007 Location: Laval, PQ, Canada iTrader: (0)	We're talking 48k with taxes, and 30k plus taxes right. If you buy another car you can get some of that money back. Still that's a lot of money if I were you I'd keep the car for like 2 or 3 years and then sell it. Check the black book value online and substract a few thousand to get an idea of what dealers will offer you. We're so upside down on new car purchases (not just Bmw) it's ridiculous.
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04-13-2009, 06:36 PM	#10
Garduna Brigadier General 160 Rep 4,013 Posts Drives: Sedona 1er\|Yellow S3\|NardoTTRS Join Date: Oct 2008 Location: Toronto iTrader: (5)	You can't do that bro! If anything, enjoy the car for a minimum of at least a 2 year time period! THEN make the switch. Yes the car isn't the most fuel efficient but it's a joy ride car and that's why you have it. The specs that you listed makes the car almost fully loaded...... don't part with it so soon
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04-14-2009, 12:52 AM	#11
VFX First Lieutenant 34 Rep 386 Posts Drives: 128i Coupe Join Date: Jul 2008 Location: Vancouver iTrader: (0) Garage List 2008 Porsche Cayenne S [0.00] 2008 BMW 128i Coupe [0.00] 2005 Porsche 987 Bo ... [0.00]	I kinda know how you feel. I have an SUV & I'm finding it hard to justify the running costs but as it's less than a year old, if I sell it now, I'm probably looking at a $30+k drop! It's hard to swallow! Your 1er will probably fetch somewhere around $34-35k if you sell privately & somewhere around $30-32k if you shop it around the dealers. I paid $37k (plus taxes) for my 1er brand new, but the only options were steptronic, metallic paint, USB & sunroof. I'd expect around $27k for mine if I traded it right now. If you keep the 1er, I'll buy you dinner next time you're in Vancouver! .
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04-15-2009, 11:50 AM	#18
1HungryMan Lieutenant 24 Rep 536 Posts Drives: 2008 128i Join Date: Mar 2008 Location: Toronto iTrader: (0)	This place was $10k for the week, but it was "WORTH IT" lol.
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04-15-2009, 12:15 PM	#19
VFX First Lieutenant 34 Rep 386 Posts Drives: 128i Coupe Join Date: Jul 2008 Location: Vancouver iTrader: (0) Garage List 2008 Porsche Cayenne S [0.00] 2008 BMW 128i Coupe [0.00] 2005 Porsche 987 Bo ... [0.00]	wow! nice! That's some fine living! Definitely worth the money! Does your significant other know she's in the pics? .
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04-15-2009, 01:55 PM	#22
bdardashti Captain 47 Rep 998 Posts Drives: '12 135i Join Date: Apr 2008 Location: Toronto iTrader: (3)	If your car wasn't auto, I'd probably pick it up for $34k! That's an amazing price (for the buyer).
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