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The Wholesale Market (archive)

[ Follow Ups ] [ E36 M3 Message Board ] [ Msg. Board FAQ ]

Posted by TechnoV on April 25, 2000 at 08:26:26:

In Reply to: Buying an E36 convertible and need some help posted by Got 20K and dunno what to do on April 25, 2000 at 01:02:09:

The wholesale market on the '95 325ic is $21,500 over the past three months. That is what they sell at the major auctions for. Tack on transportation, etc. and the dealers are $23,000 into them by the time that you are looking at one.

For $20K I would seriously be looking at a 318ic. The wholesale market for those is in the mid $15-16 range which tops them out at $20K which is your price target. That may even leave you some $$ to add exhaust etc. if you choose.

Good luck,

TechnoV


: Hey everyone,
: Well I've got 20K to spend and I really want to get a convertible E36. Thought about the sedan and it wasn't exciting enough, thought about the M3 and insurance would make me live paycheck to paycheck. Don't think I can get a good condition '96 328ic for that much but I think a '95 or '94 325ic. Problem is that there are very few around the Seattle area and if there are any, they are way overpriced. So I've been looking on the net at places like cars.com and autotrader.com and I've seen some real bargains. Thing is that I can't even personally test drive those cars because I'm in Seattle and most of those cars are in California, Florida, Texas, and what not. So my request from you fellow bimmer.org- buddies is whether any of you are willing to take a look at cars for me if they are located near you. Of course I don't want you to thrash the car, because I might become the eventual owner of it.

: Second request is from previous or current owners of E36 convertibles and their experiences. What I'd really like to know is how the top holds up. I went to BMW of Seattle today and the yellow-toothed, naive salesperson didn't know jack about the cars and just kept on going about how great BMW cars are and why I shouldn't worry. No sh*t, why do you think I walked in to buy one? Anyhow, back to my request, I was curious about insurance rates, theft prevention (especially ripping through the top), soft-top replacement intervals, rain and water leaks and damage, and going with the hardtop option for the convertible (about $3K).

: Well that's it, thanks for reading my message. Lastly, if you are gonna go to BMW of Seattle, ask for the young Filipino guy, he was cool the last time I went in, showed me several cars and was no pressure. Avoid the old guy with yellow teeth like gingivitis b/c that's probably what he has.

: Benny




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