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General E46 Forum
This is the place to get answers, opinions and everything you need related to your E46 (sedan, coupe, convertible and wagon) BMW!

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Old 07-16-2017, 02:51 PM   #1
All2kool
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To Sell or Not To Sell - That Is The Question

On a whim and for no real reason, I listed my car on Craigslist for $6800. One responder just got done looking it over and seems to be a buyer. Now I am having regrets should I actually sell.

Someone please tell me why I should NOT sell.
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Old 07-16-2017, 06:18 PM   #2
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E46's listed in the Los Angeles area on Craigslist are quite cheap yet there are so many of them that stay listed for months. If you value your car a lot and you're attached, don't sell it. Do you plan on buying another car? Would it be an upgrade or downgrade? I want to sell my 325 and buy a 330 but I have high doubt's it might sell for too low so I have an engine swap in mind. See how much E46's cost in your area and think about how much the $6800 is worth.
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Old 07-16-2017, 06:47 PM   #3
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Do you plan on buying another car?
For certain, and another BMW at that.

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Would it be an upgrade or downgrade?
I would look for another E46 Cabriolet but have to admit, a very well kept low-mileage E36 Cabriolet would be fine too. Not a fan of the plastic back window in the E36 but if the window were fairly new, I could live with it. I could drive a Z4 too.

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See how much E46's cost in your area and think about how much the $6800 is worth.
I am at the higher end of locally priced cars but unlike what dealers have, I can tell a potential seller about the car and what has been done in the last 14 months. I could replace this car with a like car and likely bank some cash - and there is some appeal in that.

Last edited by All2kool; 07-16-2017 at 06:47 PM.
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Old 07-16-2017, 06:53 PM   #4
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For certain, and another BMW at that.



I would look for another E46 Cabriolet but have to admit, a very well kept low-mileage E36 Cabriolet would be fine too. Not a fan of the plastic back window in the E36 but if the window were fairly new, I could live with it. I could drive a Z4 too.



I am at the higher end of locally priced cars but unlike what dealers have, I can tell a potential seller about the car and what has been done in the last 14 months. I could replace this car with a like car and likely bank some cash - and there is some appeal in that.
Then I'd say go for it! Especially if you might get another E46. A Z4 would be an upgrade, especially if it's an ///M. I love E36's but for some reason the boxy body of the convertible looks terrible to me.
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Old 07-16-2017, 07:12 PM   #5
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Then I'd say go for it! Especially if you might get another E46. A Z4 would be an upgrade, especially if it's an ///M. I love E36's but for some reason the boxy body of the convertible looks terrible to me.
They made an offer, a fair one for sure, but I am not willing to accept it at this moment. They really liked the car and I feel that after a bit of dickering, we'll come to settle on $6500. It's all whether I want to accept $6500 however. It would mean a 'break even' for me; no loss, no gain.

I really like the car and in the last 14 months of my owning it, I've really enjoyed fixing the things that needed fixing. It runs and drives beautifully and I would not hesitate to take it on a 3000 mile trip tomorrow.
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Old 07-16-2017, 07:20 PM   #6
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They made an offer, a fair one for sure, but I am not willing to accept it at this moment. They really liked the car and I feel that after a bit of dickering, we'll come to settle on $6500. It's all whether I want to accept $6500 however. It would mean a 'break even' for me; no loss, no gain.

I really like the car and in the last 14 months of my owning it, I've really enjoyed fixing the things that needed fixing. It runs and drives beautifully and I would not hesitate to take it on a 3000 mile trip tomorrow.
I understand what you're saying. I think it's best to list a car price high so that when the buyer makes an offer, you end up gaining, but that high price may also push buyers away.
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Old 07-16-2017, 08:00 PM   #7
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I understand what you're saying. I think it's best to list a car price high so that when the buyer makes an offer, you end up gaining, but that high price may also push buyers away.
I don't mind listing a car for more than what I have invested and then working from there. I never take a loss when I sell and as I don't have to sell now, I'm not taking a loss for the sake of just beginning a new hunt for another.
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Old 07-16-2017, 08:08 PM   #8
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The problem with selling a well maintained E46 is what comes next.... I never could answer this question, thus still have my 2001 330i.
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Old 07-16-2017, 08:41 PM   #9
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The problem with selling a well maintained E46 is what comes next.... I never could answer this question, thus still have my 2001 330i.
Very true, putting in the wrench time on these cars really builds a bond lol. It seems most members who move on end up buying a newer bmw or benz.

If I got rid of my car for some reason I would either get another e46 or a g35.
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Old 07-16-2017, 09:39 PM   #10
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Very true, putting in the wrench time on these cars really builds a bond lol. It seems most members who move on end up buying a newer bmw or benz.

If I got rid of my car for some reason I would either get another e46 or a g35.
I concur. At this price point, it's pretty hard to find a comparable vehicle. A very nicely kept 300CE or Z4 3.0 are the only things which come to mind as being, for me, suitable replacements. I like the G35, but their oil burning issues really scare me.
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Old 07-17-2017, 03:28 PM   #11
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Originally Posted by All2kool View Post
On a whim and for no real reason, I listed my car on Craigslist for $6800. One responder just got done looking it over and seems to be a buyer. Now I am having regrets should I actually sell.

Someone please tell me why I should NOT sell.
I think $6800 is a very good price for your to sell your car for. I sold my 2001 330i with about the same miles for $4800
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Old 07-17-2017, 05:08 PM   #12
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I think $6800 is a very good price for your to sell your car for. I sold my 2001 330i with about the same miles for $4800
He offered $6000, I responded that $6800 was my 'break even' point, which it is. He responded that his wife did not want to go any higher than $6200 and that he would talk it over with her. I've not heard back yet but I was prepared to accept $6500.
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Old 07-17-2017, 05:49 PM   #13
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For what it's worth, I sold my 325xi after a year of ownership last december and bought a more recent Z4 2.5 with less miles.
I don't regret any minute of it except when I need to haul more than one passenger

It is a really fun car, and the forums are quite active on b fest (not as much as here, so I keep coming). Some model specific issue may look like a deal breaker but are not: sticky steering (solved on some forum by just rotating a ring inside the power steering assembly), the motor for the top that gets drowned (need a careful monitoring of the drain plugs), the harder to replace water pump (just add one more hour to the cooling system overhaul). There is almost also less aftermarket or OEM replacement parts available for the Z4 specific parts such as fuel pump, fuel filter, ET, cup holder etc .. so that may increase the cost of ownership. Otherwise, it is the same as the E46, minus the subframe mount problem.
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Old 07-17-2017, 06:03 PM   #14
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It's all whether I want to accept $6500 however. It would mean a 'break even' for me; no loss, no gain
I'd have to get $13K if I wanted to break even with what I have invested, add another $5.5K of insurance money from the accident. I guess I'll be driving it till it one of us dies. All the time and money was the reason I bought it back from the insurance company. I didn't want to go through all that again with another xi. It's the only car my wife has ever had that she feels "connected" to.
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Old 07-17-2017, 06:12 PM   #15
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If plan on getting another BMW, keep in mind you'll need to start all over again. In that case, I'd keep it.

If you want something you don't have to worry about, like a new car, then sell it.

I think you are just bored though. So I'd keep it. Unless you have extra time and money on your hands.
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Old 07-17-2017, 06:27 PM   #16
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If plan on getting another BMW, keep in mind you'll need to start all over again.
That's the fun part to me.

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If you want something you don't have to worry about, like a new car, then sell it.
I would never buy a new car - once you get them home, they go down in value by 20%.

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I think you are just bored though. So I'd keep it. Unless you have extra time and money on your hands.
I'm not bored with this car by any means. I do have time on my hands as I am really mostly retired, taking the occasional Town Car job now and then.
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Old 07-17-2017, 06:57 PM   #17
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I would never buy a new car - once you get them home, they go down in value by 20%.
I always heard 30% once you drove off the lot.
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Old 07-17-2017, 06:59 PM   #18
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Eh it's a 325 it's nothing special, I would get rid of it. People need to stop wasting thousands of dollars maintaining these cars
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Old 07-17-2017, 07:47 PM   #19
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I always heard 30% once you drove off the lot.
Recently, a USAF family was transferred to Japan for a four year stay. They had bought a new Kia Sorento just four months prior to getting their orders. It had less than 8000 miles on it. They went to CarMax to see what they could get for it as the USAF will only store one vehicle at no cost. They still owed $24,000 on the Kia. CarMax offered them just $16,000. The Kia went into storage and the paid off Toyota Tacoma went into the hands of family.
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Old 07-17-2017, 08:18 PM   #20
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That's the fun part to me.



I would never buy a new car - once you get them home, they go down in value by 20%.



I'm not bored with this car by any means. I do have time on my hands as I am really mostly retired, taking the occasional Town Car job now and then.
The value doesn't matter unless you are looking at your car as an investment. Which you shouldn't. The point of a new car is to drive something modern/safe without having to deal with the costs of unexpected failures. Even then, don't buy a brand new car, get one pre-owned a year or so.

As far as bored--i meant because you listed it for sale, while not really wanting to, only to entertain the idea of buying the exact same car and restoring it (maintenance) when there was nothing wrong with your car. You sure you aren't bored?

We've all been there. I listed a $2,200 camera the other week because I wanted a different one. Then I took the ad down and changed my mind realizing I already had a good camera and was just bored at the time. Just keep your car if you like it.
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