FOR SALE: '95 ti with 26K miles

[ElfinForest318ti]

Get the spare $12,995 our of your piggy bank for that low mileage 318ti you have been waiting for:

http://www.autotrader.com/dealers/dd...r_id=206609759

It's sitting on a BMW dealer lot in Torrance, CA.

[mohaughn]

Wow.. I wonder if they will actually get that for it.. Unfortunately I don't think there is really a way to put a value on that car other than to say it is worth what somebody would pay for it.... Even with the really low mileage you have to be concerned about things just being worn out because they are getting old. I could see 8 or 9k, not 13k..

Probably best to try and sell market it to enthusiasts.. I don't think somebody walking in off the street would pay that for it. They'll look at bluebook and see it listed at half of that cost.

[ElfinForest318ti]

You're right, low mileage does not protect the plastic and rubber stuff that breaks down with age. Dealers always markup the price to see what the market will bear.

[azca]

it could also be a rewinded/reset speedometer. I have even seen people disconnect the speedometer and drive without it to keep miles low.

[Sergey]

There's a car in a similar situation, sitting at Concord Motorsport in NH:
http://www.concordmotorsport.com/detail.aspx?iid=917889,
'92 325i, they are asking $22,540. IIRC it took them a while to figure out what to price it at.

I'd really be concerned with how such cars were stored. Take coolant for example, that's supposed to be changed every two years. Is this still needed in a stored car?

[drkblu318ti]

Called them today, they say that it was sold, and i asked how much it went for they said 12,000.... crazy

[Sergey]

>how much it went for they said 12,000.... crazy

May be a collector bought it? Anyone from ti.org ?

[Tyler]

I really don't think somebody paid 12k for that ti. For 12k you could get a 97 m3 with reasonably low miles on it.

[Tyler]

You know whats funny,i just did kbb.com on my car with the amount of miles(35k) that were on it at the time and i got a price of 9grand. This is the funny part i did it again with my current miles and the price was 8,400,so there is 70 thousand miles difference and only a 800 dollar difference in price.

[mohaughn]

Tyler- That is one of the problems with KBB. A lot of their prices are based on the age of the car and the mileage just has a minor factor that also plays along with the condition of the car. You'll even notice that they talk about seeing service records and how complete records at all service intervals can make a car more valuable even with high miles. I tend to think that KBB overvalues high mileage cars.

And that car had a clean mileage report from carfax. Given that was in California it has emissions records from every other year. So the mileage looks accurate.