Seems like it's impossible to sell any car these days through private party.
I listed my 2006 BMW 330XI on Craigslist for nearly a month now. 103,000 miles. Great shape and whatnot, I mean it's 11 years old so it isn't a garage queen, that being said it's still in pretty good shape. KBB was 6100-7000 depending on condition and NADA valued it at 6500. I listed for 6500 with room to negotiate. I offered another set of BMW wheels along with the deal($750) and a cold air intake($250).
Got little interest in the car. Dude called and offered 5700. Not sure where he got that number from. Something like this off a dealer is 7500-9000. I also parked it next to a busy road and still no interest.
Am I asking too much or is the used market just dead now? Anybody else running into the same issue?I know book value is just an estimate but looking at the overall market low to mid 6's is a fair range.
Same junk happened years ago when I told my Silverado and later on my Outback. I was able to sell the Silverado because it was like $4000 under book value(I got it from a dealer auction, found out it was trashed, so I sold it for the same price I paid 6 months later). A friend of mine, who is a dealer, has no trouble selling 3-4k cars at a couple hundred below book value. He doesn't offer financing or warranty.
I listed my 2006 BMW 330XI on Craigslist for nearly a month now. 103,000 miles. Great shape and whatnot, I mean it's 11 years old so it isn't a garage queen, that being said it's still in pretty good shape. KBB was 6100-7000 depending on condition and NADA valued it at 6500. I listed for 6500 with room to negotiate. I offered another set of BMW wheels along with the deal($750) and a cold air intake($250).
Got little interest in the car. Dude called and offered 5700. Not sure where he got that number from. Something like this off a dealer is 7500-9000. I also parked it next to a busy road and still no interest.
Am I asking too much or is the used market just dead now? Anybody else running into the same issue?I know book value is just an estimate but looking at the overall market low to mid 6's is a fair range.
Same junk happened years ago when I told my Silverado and later on my Outback. I was able to sell the Silverado because it was like $4000 under book value(I got it from a dealer auction, found out it was trashed, so I sold it for the same price I paid 6 months later). A friend of mine, who is a dealer, has no trouble selling 3-4k cars at a couple hundred below book value. He doesn't offer financing or warranty.