View Single Post
      10-17-2013, 06:20 PM   #7
drwillb
BMW Fan
drwillb's Avatar
United_States
289
Rep
838
Posts

Drives: e30 M3, e30 M3, e46 M3
Join Date: Aug 2008
Location: northern NJ

iTrader: (4)

Blue, thanks for the inspirational message.

I know it's a niche car and I'm selling at the wrong time of year (I'm in north Jersey and winter is right around the corner) but I don't want to sit on it until March or so. If you add up Nov.-Mar. monthly payments at $500/month, that's an additional $2,500 in loan payments.

Add that to my asking price of $31,500 and you get $34,000. So, if I was to hang on to the car until spring and then manage to sell it for $34,000 (which is at the top end of $ for these cars) I'd walk away with $31,500.

Therefore, I might as well sell for $31,500 right now.

Just my logic and there are many ways to look at the numbers, but I also just want it sold sooner than later.

Bill
Appreciate 0