yov6cam

Reason I ask is my 06 IS350 loaded with about 33k miles is going for 28-32k right now in the market as of today. I have already spent including all interest payments, down payments and monthly dues about 24k on it so far, I owe roughly 23k. Someone approached me about selling it to him for 32k.

So if I sell it to him, I will pay off the rest and still have about 8-9k extra for another car. I was wondering how much do you guys think my car will be if I pay it off in 2 years, would I be ahead? I love my car, but I was thinking M3 lol.

Jefe's IS

If you are looking to move on then yes sell it. We can take a guess as to what your vehicle will be worth in the next few years. If you have a solid offer for 32K and that is at the high end of the value chart then I would seriously consider the offer especially if you are not so attached to your car that you would even consider selling it.

Assuming you have owned your car for 2.5 years (three years old based on model year release and avg. the purchase date). Your monthly cost for ownership is under $434/month not including operating costs. This, in my opinion, is very low for a new car. That cost will drop every year but the car becomes older as well.

Not a bad situation to be in considering the economy and lack of car sales. I say get while the getting is good. If you become unhappy w/ your decision you can always get a NEW IS350 or purchase a similar year most likely for less money than you sold.

Why is this part so interested in your car?

yov6cam

it was just a quick convo, no commitments yet, but it got me thinking. Especially with the new BMW 0.9% financing, food for thought. I also thinking about a manual, since my IS is basically a weekend car now.

jns350

iTrader: (7)

That is a great private price to sell...of course you will lose some of what you invested towards the intrest but at 32k it is at the high end of a turnover for a private sale. Then you can move on to your bimmer...not too shabby of a choice either that car is sweet But you will have to start all over with payments at a 4-6 year term. But at .09%..wow not even their certifiyed used was ever that low...If you have the money to pull the trigger why not before when I was deciding on my IS I looked at the 335i but with a-paper finance the dealer offered me 6.9% .09 I would have jump on it.

bondman2

i agree if u really are thinking of selling and u have a solid offer especially with the market as it is... might be worth to take it...