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Re: Value M3/4, Bay Area, California (archive)
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Posted by sedate on June 18, 2001 at 02:03:01:

In Reply to: Value M3/4, Bay Area, California posted by Philip Mentz on June 17, 2001 at 23:43:04:

Prices are generally higher in the Bay area (I'm from So Cal), but $36k seems about $5k too high. I just bought a 97 (M3/4, wht/blk, 5-sp) with 76k miles for $23k. Even w/ mileage adjustment, a car w/ normal mileage should be around $27-$31k, depending on location. Admittedly, 5-speed sedans are fairly hard to come by, but if you're patient, they are out there.

There's a blk/blk at a local lot asking $28k, one in FL asking $26k, a 98 wht/grey back east for $28k, one wht/blk near Oakland for $26-29k. I think paying a premium for one in your color and from an acquaintance is not a problem, but that just seems a bit too much of a premium. $31-32k would be my max for that car, just MHO.


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