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In Reply to: What to do? guy wants too much $$$ for '95 M3 posted by Nick on August 12, 2001 at 19:44:38:
And don't listen to other people... $1.25k is a lot of money, and just because you don't think it's worth the extra 1k, doesn't mean you shouldn't buy the car, because you can't afford it. You just have to remmember that some people have wayyy too much money, and they dont mind wasting a bit more to get exactly what they want NOW, others actually WORK for our money... or at least, don't have as high salaries, and have to wait for the perfect opportunity to come by. On the other hand... if it's only a few hundred dollars.. up to $500, per se, and you really like the car, consider the time and energy it'll take you to find a similar car, and weight that vs. the $500 cost.
I always stick to my offers. Lately I haven't found anything worth buying. I want an immaculate car-first owner. But I dont want to pay an outrageous price, like yourself. Keep looking, prices will only go down (TRUST ME!). The economy is still a bit shaky, M3 prices seem to be going down FAST. I don't know whether this is because people lost a lot of money, or because they are trying to raise cash to invest, to try to get a nice quick return.
Either way... pay what YOU think the car is worth. Not a penny more. (Well, maybe a few pennies :)
Boris
Ok, I'm looking at a '95 M3. It has 73000 miles and 2k left on a warranty. He's the second owner, has all records, always diligently maintained. The car has 2 or 3 stone chips and one ding, and needs a new rubber front spoiler. That's all it needs. The guy was asking $23,900. I told him his price was not in line with the market. He acknowledged this, and refused my offer of $20,750. He offered $22,000. The car is really in immaculate cosmetic condition, and, pending a dealer pre-purchase inspection, likely mechanically just as good. Is he still way out of the ball park or is his offer reasonable?