Quote:
Originally Posted by rammstein
Part of the pricing on it is because it has 2.5 years left of BMW CPO warranty on it, combined with the mileage (and the unfortunate dealer profit). From a private seller without the CPO, it would be about $5k less.
BTW- in 10 years I doubt it will be worth $5k. They all sell for more than original MSRP now, 4 years and maybe 25k miles later. They only made 740 of these for the US. Part of my logic for buying a 1M is I expect depreciation to be minimal. I don't think its gonna be worth MORE, or even the same, but if it only loses $15k of value over the next 6 years that's really not bad at all.
Assuming for a moment that you bought into my financial assessment, if a PPI shows no bodywork and reveals no issues, and you at least have the piece of mind of a real warranty, would you still bail? I'm trying to be disciplined...
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Ok, that is good background. The longer you keep the car the less important this shuffeling history will likely be. That said, it made you pause - it will undoubtedly make the next owner pause as well. And reduce the number of buyers = reduce the price. I'd still shy away from this.
Have you dealt with selling a special interest car? I have sold two 911 and both of them were 20+ years old. The number of "enthusiasts" that expected a mint car for $15k was staggering. I'd hate to deal with those morons and have to explain to them why some shuffling during the first few years of the car isn't a big issue.
G