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Re: '97 Z3 pricing (long) (archive)
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Posted by marc on October 16, 2000 at 20:27:02:

In Reply to: '97 Z3 pricing (long) posted by Kevin Rowley on October 15, 2000 at 22:37:33:


Some of you may recall that due to losing my job, my wife and I have put her Z3 up for sale. My question has to do with what it is worth. Here are the details:

'97 Z3 1.9, 45,100 miles; Atlanta blue, tan dotted leather, new tan top; 5 speed; BMW CD changer, CPT 4500 cell phone and remote locking/alarm system; some service records. Overall, the car looks good but is not perfect.

Checking the online sources, I get this: NADA says the miles are below the acceptable range, and the average retail is $22,975 (lists high retail at $24,550). Kelley says nothing about the miles, and puts the retail at $25,260. Edmunds says the miles are high, and puts the market price at $22,120.

Knowing that people always want to negotiate, I currently have an AutoTrader ad that asks $23,500 or best offer. My webpage doesn't even specify a price. To date, I have gotten two bites. The first from a teenager who wants me to sell to him for $18,000, if he can get his parents to agree to it; and the second from a guy who was looking for a "car with absolutely no scratches or dings", which ours isn't.

I've got about 6 more weeks worth of severence pay, and I need to do something before it runs out. If I have to, I can get a friend of mine (car dealer) to run it through the used car auction in Atlanta, but that won't leave me with much.

So, any advice or thoughts?

-Kevin Rowley

BTW, many thanks to Jon Maddux who was gracious enough to put a link on the LeatherZ website to my webpage.

I had a 97 1.9 with 50,000 miles. I could not give the car away. I was asking 21,5 and the car was a 9 on a scale of 1-10 condition wise. The car was hard to sell because the 4 cyl. is no longer in production and you can pick up a 97 2.8 for 25,000 or less if you really look. I bought the 97 1.9 with 36,000 miles 2 years ago for 21,5. I just happened to luck out when I traded it in. I put 15,000 miles on it in a year and traded it in for a 98 2.8. They gave me 22,000 on a trade in. That means the stupid ass chevy geo dealer got screwed. They paid me $500 to drive the 1.9 for a year, then I upgraded to a 2.8. All in all you will have a hard time selling the car for 20,000 trust me. I had mine for sale for 6 months.
Good Luck and let me know how you make out.

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