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Thread: fair price?

  1. #1
    Join Date
    Dec 2003
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    Default fair price?

    for a nice 1990 535ia w/ 60k in a local paper. Can anybody id the custom stereo or detector? Should I even bother- the guy is asking 9k.
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  2. #2
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    more pix
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  3. #3
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    last ones
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  4. #4
    Join Date
    Aug 2005
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    Default

    That's a lot of money, obviously due to the mileage.

    If low mileage is important to you, see if you can haggle him down a bit. If mileage isn't that important (note my 535 is still going strong with over 140,000mi, as are many others around here), you could get a nice 535 for little more than half that.

    See pics of my car by clicking the pic in my signature. See how good it looks even with the high miles? You needn't spend 9k to get a nice one. You could buy one with higher mileage and the money you save will be enough to buy a whole brand new engine when the time comes.
    Last edited by Jay 535i; 01-11-2006 at 02:28 PM.
    .


    Jay Lebo - Toronto, Canada
    1990 BMW 535i
    5-speed conversion
    Lightened flywheel
    Sachs Suspension Kit
    E.A.T. Chip

  5. #5
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    Dec 2005
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    New York
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    I agree with Jay - I studied the market religiously for several months before buying my car, and concluded that a moderate mileage car could be had for less than half of that $9,000. In fact, 9k is more than some (admittedly perhaps rough) M5s sell for on eBay...

  6. #6
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    Quote Originally Posted by NY535iManual
    I agree with Jay - I studied the market religiously for several months before buying my car, and concluded that a moderate mileage car could be had for less than half of that $9,000. In fact, 9k is more than some (admittedly perhaps rough) M5s sell for on eBay...
    Indeed. In fact, if my budget was $9k, I'd probably be looking at an E39, not E34.
    .


    Jay Lebo - Toronto, Canada
    1990 BMW 535i
    5-speed conversion
    Lightened flywheel
    Sachs Suspension Kit
    E.A.T. Chip

  7. #7
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    Jun 2005
    Location
    Cleveland, OH
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    I don't think she is worth 9k... there are a lot of little things wrong with the car from the pictures
    If it cannot be fixed by the dremel or ducktape.. get out the sledge...
    --------------------------------------------------------------------
    I miss my e34

  8. #8
    Join Date
    Aug 2005
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    Toronto
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    Quote Originally Posted by dacoyote
    I don't think she is worth 9k... there are a lot of little things wrong with the car from the pictures
    You're probably right. My guess is that this is one of those owners who will say, "Yes, but the mileage, the mileage!" every time you point out a flaw. Because he never drove the car he expects to get his money back. He's dreamin'.
    .


    Jay Lebo - Toronto, Canada
    1990 BMW 535i
    5-speed conversion
    Lightened flywheel
    Sachs Suspension Kit
    E.A.T. Chip

  9. #9
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    Aug 2004
    Location
    detroit
    Posts
    957

    Default

    9 k is alot, if you want, you can have mine for half the price, more than twice the mileage, but runs like a top, and its a manual, what im saying is, low mileage shouldent be that high of a prioity for you, a nice service history ought to come first.

  10. #10
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    Eastern Tennessee USi
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    Okay guys, remember the 10k rule here, if the car is maintained and can run on without service for a couple years, the paint and interior is up to par its worth 10k. subtract from there. Now the car is a bit older and dont have as many cool options it may take away from the value a bit but if the car has records and dont need nothing for a while it very well could be worth it.
    95 E34 530I V2.37
    ===========
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