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#1
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I cant believe the 4.8is market can be this bad.....
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#2
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I’m close to closing on a 4.8. Post your listing
Sent from my iPhone using Tapatalk
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2006 e53 4.8is Imola / Cremebeige 2005 e53 3.0 Black / Truffle - AT, Sport, Premium, ZCW 2001 e39 M5 Black / Caramel - Extended Leather, Premium Audio |
#3
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Its through my dealership, so I dont want to violate any forum rules, but its the cheapest, clean title car in the entire country and currently on ebay for under $6k + dealer fee... Ive scoured the classifieds and a number of cars with similar mileage have been listed for the $10K area and have sold, so I'm absolutely baffled why this car hasnt sold. I had more interest when it was priced at $10K (but they were all flakes), than now that its lowered to $6k - less than I have into the car at this point after all of the repairs and maintenance I have done.
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#4
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Dm me a link to the listing
Sent from my iPhone using Tapatalk
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2006 e53 4.8is Imola / Cremebeige 2005 e53 3.0 Black / Truffle - AT, Sport, Premium, ZCW 2001 e39 M5 Black / Caramel - Extended Leather, Premium Audio |
#5
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done.
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#6
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Dealership is what scares most people.
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2002 BMW X5 4.6is |
#7
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Without looking at the price, I'll say that $10,000 is that sweet spot where generally most potential buyers will either pay cash outright or look for financing. If they are looking to finance and cannot secure their own, they know that financing through the dealership will substantially increase the price. Also, most banks (i.e. a potential buyer's private bank loan) will not finance something that is already pushing 14 years old or older without a very aggressive interest rate - which also dissuades buyers.
Have you tried BaT? Most all buyers on BaT are cash-in-hand types of collectors.
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2006 E53 4.8is - Imola Red 2, Cream Beige all day er’ day |
#8
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Yep. Most people looking for a 4.8is want documented maintenance, 2 keys, manuals, etc. Dealerships just don't have that. Checked out your Ebay ad and it looks like a decent truck, but @ 132,000 is going to need stuff, most notably suspension and cooling system. Valve stem seals are always looming. That sort of thing. Black sapphire is probably the least popular 4.8 color choice. But having sport nappa seats is a serious plus.
Your dealership doesn't have the best reviews. Warranted or not, will affect most serious buyers of a 4.8is. Especially since some of the responses do read as a little combative. That said, it's priced right... and you sorted the air suspension so that's a huge plus. Good luck with it, hope you find a buyer.
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2005 X5 4.4i Build 04/05 Maintenance/Build Log Nav, Pano, Sport (Purchased 06/14 w/ 109,000 miles) (Sold 8/15 w/121,000 miles) 2006 X5 4.8is Build 11/05 Maintenance/Build Log Nav, DSP, Pano, Running Boards, OEM Tow Hitch, Cold Weather Pckg (Purchased 08/15 w/ 90,500 miles) 2010 X5 35d Build 02/10 Nav, HiFi, 6 DVD, Sports Pckg, Cold Weather Pckg, HUD, CAS, Running Boards, Leather Dash, PDC, Pano (Purchased 03/17 w/ 136,120 miles) |
#9
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That is crazy, you're right there with the 05 3.0 for the same price and the crack addict trying to get 8700 for a 4.4 with more mileage. I just bought another one, bringing my collection to a RX300, Suburban, Cayenne, and the X5, so I'm out, but seems like a good buy for $6k.
Good luck selling it, I'm just as confused as you are as to why it hasn't sold yet. |
#10
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thats a ludicrous reason to not buy a car... especially when the dealership is an enthusiast-based, BMW/European Performance/repair shop. We arent talking about a fly-by-night, buy-here-pay-here lot with ford escorts and chevrolet cobalts sharing the inventory. That being said, I respect your position (and that of 4.8is buyers) and I will not be carrying anymore 4.8IS' at my dealership once these last two are sold.
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In regards to internet "reviews," that's laughable as most, if not all, of the reviews were posted by individuals that never actually purchased a car from me. You're right, I do get combative when people think they can get me to accept their lowball offers by blackmailing me with the threat of online reviews or are pissed when I dont accept ridiculous offers. Quote:
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