bmw2mb

any suggestions on the best way to sale an E500?

moa4r

I'd start by advertising in your local paper, auto-trader, cars.com, and ebaymotors, etc...personally, I wouldn't try to sell it to your dealer (I'm sure you already know that) and I wouldn't try selling it on this forum bcs all you'll get is insults about your price and low-ballers who aren't serious (what I've seen in almost every classified forum thread and from my own experience)... my .02, good luck

bmw2mb

thanks. good advice. was thinking to go with auto trader.

WhiteTrash

what are you thinking of getting?

bmw2mb

i'm still trying to determine what's a fair price. a used '03 equipped about the same is around 55k. and these will have around 8k, 10k or more miles. this is an '04 with 1500 miles.

in my favor, since it has very low mileage, i should be able to get around the same price up until i reach 8k.

gstigler

Ebay might be worth a shot as well. The problem with selling a nearly new car of this value is that people are generally looking for a great deal on it or they will just buy a new one. Paying an extra $5k for a new one is a small price when one considers the risk associated with buying from a private owner. Even with low mileage, a car can be hiding a negative history.

moa4r

don't forget people are getting 2-4K off msrp for new ones too!!!

kyee

I bought mine for $500 over dealer invoice.

Y2KE320

Why are you selling already? Have you had a lot of service issues? How much are you asking and does it have navigation?

Bob

Adobe

I sold my last three cars for more than dealer retail in less than a week for each. All I did was put signs in the windows and just drove around normally. It didn't take long to start getting calls.

bmw2mb

i've been in an e500 for over a year now...this one was a replacement. i think i'm ready for a smaller car now.

i would like high 50's since you can get an '03 for low to mid 50's. yes, it has nav. compare the pkg names on my profile with mb's web site. the only service issue currently is that the cd changer doesn't remember the last track number after a restart. but there's a flash update for that...just haven't taken it in yet.

Y2KE320

Sounds like a nice car, but a little out of my price range. I currently have a 540i and after reading about some of the service and quality issues, I may wait until the 05 comes out. FYI, I've been very successful selling cars at autotrader.com. I sold my Corvette and Chrysler Van inside a week a few years ago.

gstigler

You might not be too far off on your pricing. The question is whether or not you can convince someone to fork over that kind of dough to a private. Very possible you can.

I too have had good luck with Autotrader.com but with lower end vehicles. Give it a shot but get your ads out there soon becuse when the 2005 hit, your car will probable lose another $5k almost immediately.

bmw2mb

yeah...i think 57-58k is a great price of an '04 under 3k miles since it's loaded and still has that brand new smell.

monakh

bmw2mb, I am in the same boat as you, except I have 8500 miles on my car. What was the MSRP on your E500? Mine was between 66 and 67K, so I am looking to also get between mid to high 50s. So far I am in serious negotiation with one buyer after advertising on cars.com.

Hey! I still have the new car smell too!

bmw2mb

it's around $64,500. why is your so much higher? do you have distronic?

monakh

Nope, I don't have Distronic and I don't have Keyless Go, or the Drive Dynamic Seats, but I think I have most everything else.

Here's the options List: (744/831) Brilliant Silver/Charcoal Leather (220) Parktronic (413) Panorama Sunroof (580) COMAND System with DVD Navigation (873) Heated Front Seats (051) Hands Free Communication System with VCS (Voice Activated) - Currently Verizon V60 Phone (320) Entertainment Package (Harmon Kardon stereo/6 CD Changer) (322) Appearance Package

Actually, my '03's MSRP was a bit higher--if you can believe it.