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Such a dilemma
We're now working from home and our cars barely get driven. We are thinking about selling the X5. It might be driven twice a month for less than 100 miles. We would rather sell it to someone who can enjoy it than having it in the garage taking up space and cost of insurance.
Part of me doesn't want to sell it. I have maintained and make it uniquely ours. You can say that we're partially attached to the car. If we decide to sell it, I'm thinking of listing it on the bimmers enthusiast sites only. If it sells, good. If it doesn't, fine. How much should I list it for? 2006 4.8iS fully loaded, 125k miles with all maintenance up to date. Car has Dinan stuffs and the Aero kit. I can source a set of iS wheels in place of the HRE 648R and list it a little lower. |
Tam I think you saw the TiSi 4.8iS sell over on bf.c recently. That would be fairly similar to your vehicle. Not sure what the final sale price was but he had it listed for around $18k-19k with 83k miles on it (but it was listed for over 2 yrs as well). I don't see big numbers for our E53's unless they have uber low miles. This has been listed for months, started at $20k (2003 BMW X5 4.6is - Pre-Owned Inventory) One of the lower mileage iS I've seen in awhile. Hope some others chime in, but goodluck if you decide to sell it! Great looking SAV
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It might be worth contacting EAG to see if they have interest in the X.
Enthusiast Auto Group Cincinnati Performance BMW Center These guys get top dollar for the "best of the best" BMWs (Like the 2002 E39 M5 priced at $65,000 currently). You could see an acceptable offer from them. |
I personally don't think EAG would buy any of our X5's. There isn't enough profit to be made for them. There isn't enough of a demand for clean E53's. I've seen all of two E53 iS on EAG site before, both were 4.6 and they were stupid clean and low miles. Can't compare E53 iS to E39 M5. If anything, I would try bring a trailer (BaT).
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A 4.8is example recently posted here with less than 60k miles wouldn't move on Ebay for $14k. That's a fine target price of a really clean example that wants to wait awhile before it's sold. These are not classics. They are not relics, either. They're just old cars. They're old BMW's with a poor reputation for major service issues over 100k miles. We may like them, but a pretty big part of that is already having one. For the next many years, the older the E53's get, the less expensive they get. Plain and simple. OP: Set your price and wait. If someone wants it, they'll buy it. Then again, like any of us, if we don't really want to sell it, whether we realize it or not, we might just price it so that we won't sell it. And that's ok except for the wasted effort. :) |
His 4.8 has too many miles for EAG... they almost never buy anything over 100k miles, it's usually the 20k mile garage queens that they're after. BaT would be the best bet— cars regularly sell for well over their book value there.
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TMV - you know you will have sellers remorse after all youve invested into the vehicle.
Regarding pricing...prices are all over the map with these things and they really havent developed the cult following of e39 or e36 etc as you know. I'd say drop a few lines in the pond and see what happens (do not go to bottom feeders on craigslist but dont think you will). Worse that could happen is you get no response and theres your sign to keep it. For reference the last e53 EAG had that I recall seeing was just under 90k miles was estoril 4.6 and his price was over $18.5k. I dont remember list of repairs/records but that was at least a year more likely longer than that. Good luck! |
These are some EAG examples that were sold:
Pre-Owned X1/X3/X5/X6 for sale for sale at Enthusiast Auto (4.6iS - 96k miles - LN80649) Pre-Owned X1/X3/X5/X6 for sale for sale at Enthusiast Auto (4.6iS - 79k miles - LN79148 - $18,940) - Purchase used 2002 BMW X5 4.6is in 11608 Reading Rd, Cincinnati, Ohio, United States, for US $18,490.00 Pre-Owned X1/X3/X5/X6 for sale for sale at Enthusiast Auto (4.8iS - 57k - LE82180) Pre-Owned X1/X3/X5/X6 for sale for sale at Enthusiast Auto (4.8iS - 15k - LE84726) Pre-Owned X1/X3/X5/X6 for sale for sale at Enthusiast Auto (4.4 - 135k) |
I had my 4.8iS with 135,000 km listed for 13.5k CAD a few months ago when I was tempted to get an X5M, had some hits, but offers were around 10k so I kept it.
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