Z4 purchasing advice

[wideman]

I am looking for some pricing on advice on purchasing a used Z4. I previously owned an 05 3.0i which I loved but needed to sell for financial reasons 3 years ago. Now I am in good shape financially again and I'm looking to get another one.

So I have been looking at a used 03 3.0i that a dealership is selling. They are asking $15,990 for the car. I looked at the three pricing guides KBB, NADA and Edmunds which I realize are all just guides and have very different values for the car. I took each of there values for dealer retail based on options and mileage and averaged them to come up with a price of $13,157. I also did the same thing for the trade in value of the car and came up with a number of $10,699.

So is the $13,157 a realistic number to shoot for this car? My thought was to start at? My thought was to start at $12,500 and max out at $13,500. So does my logic work or not?

Thanks for the help,
Werner

[ANUSTART]

Depends on condition, mileage, maintenance records, options, etc. But the logic seems to make sense. What it comes down to, ultimately, is what the market will bear. And buying in the Winter in WA state makes a convertible a tougher sell on their part. Good luck!

[ferrarif1]

Originally Posted by wideman

I am looking for some pricing on advice on purchasing a used Z4. I previously owned an 05 3.0i which I loved but needed to sell for financial reasons 3 years ago. Now I am in good shape financially again and I'm looking to get another one.

So I have been looking at a used 03 3.0i that a dealership is selling. They are asking $15,990 for the car. I looked at the three pricing guides KBB, NADA and Edmunds which I realize are all just guides and have very different values for the car. I took each of there values for dealer retail based on options and mileage and averaged them to come up with a price of $13,157. I also did the same thing for the trade in value of the car and came up with a number of $10,699.

So is the $13,157 a realistic number to shoot for this car? My thought was to start at? My thought was to start at $12,500 and max out at $13,500. So does my logic work or not?

Thanks for the help,
Werner

If you respond with the mileage, I can look this up on Manheim which will give a realistic valuation based on current market conditions.

[wideman]

The mileage is 54,256. 2003 3.0i, auto trans with sports package. Clean Carfax.

[ferrarif1]

Originally Posted by wideman

The mileage is 54,256. 2003 3.0i, auto trans with sports package. Clean Carfax.

Manheim West Coast Seasonally-Adjusted price with 54236 miles below:
ABOVE AVERAGE BELOW
Auction $10,250 $8,850 $7,450
Est. Retail $15,900 $14,100 $12,350

4 cars with this spec have sold so far this year:
01/14/14 RIVRSIDE Regular $9,800 77,628 Above RED 6G A Yes
01/16/14 PHOENIX Regular $7,000 95,638 Avg CHAMPGNE 6G A Yes
01/22/14 SF BAY Regular $9,000 66,548 Avg GREY 6G 6 Yes
01/23/14 NEVADA Regular $9,500 48,341 Above AQUA 6G A Yes

[chickdr]

Seems like your $13K offer would be very fair...