Subject: Anything is only worth what a buyer will pay. Right now, that appears to be 26K. Author: RobinK : member since July, 2005 : 5366 posts Posted on: 2009-06-28 08:39:55

TBH, I'm not in the US market. But here, luxury SUV's are selling, if they can even find a buyer, for a minimum of 5K less than what people think is a rock bottom price.

I has this argument recently with a vendor. I looked at a 03 530d estate. He told me it was worth 24K but he was selling it for 17K. He showed a web printout that proved his point. The printout was three days old. So I looked on the web again - in his dealership (his tone had annoyed me).

There are 4 other 530d estates on the market. EVERY one one of them had dropped to 16,999.

So - what is an 02/03 530d estate worth? I don't know. And neither do the vendors until one of them manages to sell. As businesses, I feel a little sorry for them. The Banks just aren't lending/financing more than 5K Euro on cars > 5 yrs old.



IRISH 1995 e38, 730i, V8 M60B30, DB48142 BATCH GF22, 14/11/94 BUILD
ORIENT BLUE ON TITAN GREY MONTANA, 5HP18 TRANS, STRONG STRUT
BUGGER ALL MODS BAR THE CLEARS & TAILS, WICKLOW, IRELAND

• Is this X5 worth $30,600? (url) - Mario 2009-06-27 15:11:47 (467 views)
  • Nice find. Just do not park on a sidewalk . (pic) - stas 2009-06-29 20:57:40 (372 views)
  • Anything is only worth what a buyer will pay. Right now, that appears to be 26K. - RobinK 2009-06-28 08:39:55 (256 views)
  • Mario, what is their reserve price and how many times has the auction run? - 750iL96erBill 2009-06-28 07:59:38 (225 views)
    • Bill, the auction closed on eBay three time not meeting the reserve. I emailed.. - Mario 2009-06-28 10:19:28 (198 views)
      • Mario, That is one purdy ride...is there any warranty available? (nt) - 750iL96erBill 2009-06-29 23:29:43 (196 views)
  • I use to live near there...... West palm beach...... - mrbob581 2009-06-27 19:41:28 (223 views)
    • Thanks for the info. The car will have to be shipped to Vancouver, Canada. (nt) - Mario 2009-06-28 10:22:05 (204 views)
  • Re: Is this X5 worth $30,600? (pic) - Claudio 2009-06-27 18:08:31 (340 views)
  • The 4.8is is supposed to be bad-ass. Looks nice, but I don't know about - DavidC 2009-06-27 17:21:32 (274 views)
    • What year was your X5 David? Any issues I should know about on the X5? (nt) - Mario 2009-06-27 17:41:56 (274 views)
      • I had an '02 X5 3.0 for three years. Wonderful experience in every way, except - DavidC 2009-06-27 19:02:42 (283 views)
  • I'd say its probably close to 26.5-28k or so. Nice choice on SUV model. (nt) - mahmudb 2009-06-27 15:45:27 (254 views)
    • Thx. It's strictly for winter. I've been looking for beige/white/tan interior. (nt) - Mario 2009-06-27 17:43:14 (196 views)
      • Actually it is, In a better economy that would fetch 36-37k in Houston - Rogue7 2009-06-27 17:53:35 (227 views)