DJ Premier July 1, 2003 Share DJ Premier Member July 1, 2003 (edited) I will soon be putting my car on sale. I'm not exactly sure what the best process is. I'm thinking that once I want to sell it, I'm going to want to sell it fast, even it means negotiating the price. Does anyone have experience with this? How much do you discount for small body damage? My car has a bumper with paint chips, a few dents on both sides of the rear fender. I'm assuming around $1500 to get it to "standard" form which I'll either fix prior or discount the cost from the selling price. What's the rule of thumb for negotiating? etc. My car 2000 BMW 323Ci 5-Speed Steptronic Transmission In Dash CD Player Black exterior Black leatherette interior Premium Package - 8 way electronically adjustable seats - 3 memory settings for seats - Myrtle wood trim - Electronic Sunroof/Moonroof Heated seats with 3 settings Fold down rear seats 16" V Spoke rims Has 2 new tires and a new set of brakes Here's what it kinda looks like but in Black. My model has a different headlight structure and a simpler front airdam. Edited July 1, 2003 by DJ Premier Link to comment Share on other sites More sharing options...
gOOters July 1, 2003 Share gOOters Member July 1, 2003 Price it $1200 lower than you would without the damage. Then you can bargain from there. Know your lowest selling price...how hardnosed you want to be about getting more than that is up to you. The lower pricing will attract more buyers and help you sell it faster. Don't sell it short over the phone, let the buyer determine the condition when they inspect it (unless they are travfelling a long way to check it out). Link to comment Share on other sites More sharing options...
Playaa July 1, 2003 Share Playaa Member July 1, 2003 also, give the car to me. but really, be prepared to flat out reject ppl that offer way to low and know you're lowest selling price like goot said. Link to comment Share on other sites More sharing options...
Magruter July 1, 2003 Share Magruter Member July 1, 2003 What's the milage on it?? Any defects?? Accidents? One owner?? Garage kept? Link to comment Share on other sites More sharing options...
Magruter July 1, 2003 Share Magruter Member July 1, 2003 I'm all about negotiating, i've bought five cars in a little over two years.... Just got a little over 4,000 bucks knocked off my golf... And that's from blue book value.. Link to comment Share on other sites More sharing options...
gOOters July 1, 2003 Share gOOters Member July 1, 2003 Nice Mag! I also pride myself on buying well. I am thinking about using email negotiations with a fleet manager this time around. Link to comment Share on other sites More sharing options...
General J July 2, 2003 Share General J Member July 2, 2003 (edited) I would find price in Kelly Blue Book... They will give you an estimated price with such things as mileage, condition, the works figured in.... Take off your $1200 for the damages. That would be my lowest selling price. Raise it a couple hundred or so, or take the blue book and have that as a mean (average) asking price. When you list the car, don't give a price, say give offer. If they start naming above your mean price, great. If they go under, say "well I was thinking more like <Insert price tag here>" See what they say. If they say, "Ah, that's pretty reasonable!" You got it made. Now, if they say, "Well that's a bit too much for me." and you want to sell it right away, whip out the all time clever "I would be willing to come down on the price a bit." I wouldn't give my price until you know how much the car is going to be worth to someone else. A $9 piece of junk maybe worth $90 to another person, if you catch my drift. Just my suggestion. (P.s. Or you could just say, "No, the car is not for sale. I need to ship it to Missouri for J" Playaa who? ) Edited July 2, 2003 by General J Link to comment Share on other sites More sharing options...
DJ Premier July 2, 2003 Author Share DJ Premier Member July 2, 2003 What's the milage on it??Any defects?? Accidents? One owner?? Garage kept? 41K no defects got nudged on my left rear, thus a minor dent. one owner, bought from dealer not garage kept <--how much does this matter? Few ppl in NYC have a garage. Btw, that's some good advice. I'll post pics of my new car when I get it. Can't wait! Link to comment Share on other sites More sharing options...
[Mmmm]Homer July 2, 2003 Share [Mmmm]Homer Member July 2, 2003 Take it to a shop well known for quality work in your area and get a quote. Take it to two even. Use them as bargaining tools for your discounted price. No average Joe really knows how much bodywork costs, and this is the only way you will be able to talk apples to apples. Otherwise they will be thinking, "Oh no, that's $3000." While you are thinking, "$1500 max." Edit: ask the shop to do a quote for A) the dent; B.) repainting the bumper; and, C) both. Link to comment Share on other sites More sharing options...
Magruter July 2, 2003 Share Magruter Member July 2, 2003 Why not trade it in?? WOW, i can get an extra 1000 bucks for your car in wisconsin rather than new york... Link to comment Share on other sites More sharing options...
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