Unsure whether i should sell or keep it long term

lorinser · 03-08-2011, 09:02 AM

BIMMERPOST / Classifieds

Asking Price:

None

Item Interest

Hey all -

Wanted to ask you all for some of your opinions.
Back in July I bought a CPO 09 328xi coupe that was 8 months old. It currently as about 11k miles on it, perfect condition, pretty much loaded except for sport package and that cruise control feature. All in all, wonderful car that i love staring at in the garage.

However, since i moved out and into the city, it basically just sits there as the 3rd car that doesnt get much usage at all.

I'm slightly worried about depreciation, but i already know the big hit has been taken and now it will slow down.

Original MSRP ~$50k. Bought for ~$38k.

Keep it long term, or take the hit and sell it for like ~$30k?

Thanks for your advice!

yogikoyp · 03-08-2011, 10:40 AM

since you're not going to use much, sell it

ANTE92 · 03-08-2011, 11:50 AM

sell it

teamben158 · 03-08-2011, 11:54 AM

Keep it and drive it.

reelgr · 03-08-2011, 12:10 PM

sell for sure

Juan.sidarta · 03-08-2011, 12:22 PM

Id keep it, because you have already paid the depreciated value, selling it would increase that cost. Despite the fact that you had a good deal for it, at 30k~ you would have lost 8k, and also at that price any would rather get a 335i. I am in the same boat as you, deciding whether to keep it or not, but I'd have to go back to Indonesia, so I'd have to sell it no matter. But the most cost efficient thing is to keep it until its worth about 15k or 10k which is in about 8 years? hahaha.. Its a nice car to drive around.

USC2000 · 03-08-2011, 02:12 PM

If it's just going to sit there, then sell it. To me, the car was ment to be driven and not just stared at in the garage.

03-08-2011, 09:02 AM	#1
lorinser Private First Class 6 Rep 101 Posts Drives: BMW e92 black/black Join Date: Oct 2008 Location: NJ iTrader: (0)	Unsure whether i should sell or keep it long term BIMMERPOST / Classifieds Asking Price: None Item Interest Hey all - Wanted to ask you all for some of your opinions. Back in July I bought a CPO 09 328xi coupe that was 8 months old. It currently as about 11k miles on it, perfect condition, pretty much loaded except for sport package and that cruise control feature. All in all, wonderful car that i love staring at in the garage. However, since i moved out and into the city, it basically just sits there as the 3rd car that doesnt get much usage at all. I'm slightly worried about depreciation, but i already know the big hit has been taken and now it will slow down. Original MSRP ~$50k. Bought for ~$38k. Keep it long term, or take the hit and sell it for like ~$30k? Thanks for your advice!
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03-08-2011, 10:40 AM	#2
yogikoyp New Member 0 Rep 25 Posts Drives: BMW 335i coupe Join Date: Jan 2011 Location: Orange County, CA iTrader: (0)	since you're not going to use much, sell it
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03-08-2011, 11:50 AM	#3
ANTE92 Captain 22 Rep 735 Posts Drives: bmw 335i coupe Join Date: Aug 2009 Location: new york iTrader: (14)	sell it __________________ E90 XI(Daily) E90 M3 4dr Jerez Black E30 M3 Salmon Silver E93 M3 Vert E92 335i Coupe Sold
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03-08-2011, 11:54 AM	#4
teamben158 ಠ_ಠ 18 Rep 816 Posts Drives: 2008 AW 335i Join Date: Mar 2011 Location: Chicago, IL iTrader: (0)	Keep it and drive it. __________________
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03-08-2011, 12:10 PM	#5
reelgr Private First Class 8 Rep 127 Posts Drives: 2009 E93 Join Date: Jan 2009 Location: Miami, FL iTrader: (0)	sell for sure
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03-08-2011, 12:22 PM	#6
Juan.sidarta Banned 48 Rep 1,040 Posts Drives: ex-e92 Join Date: Jan 2010 Location: Berkeley, CA iTrader: (8)	Id keep it, because you have already paid the depreciated value, selling it would increase that cost. Despite the fact that you had a good deal for it, at 30k~ you would have lost 8k, and also at that price any would rather get a 335i. I am in the same boat as you, deciding whether to keep it or not, but I'd have to go back to Indonesia, so I'd have to sell it no matter. But the most cost efficient thing is to keep it until its worth about 15k or 10k which is in about 8 years? hahaha.. Its a nice car to drive around.
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03-08-2011, 02:12 PM	#7
USC2000 Lieutenant Colonel 127 Rep 1,604 Posts Drives: F30 328i M Sport Join Date: Jul 2007 Location: El Paso, TX iTrader: (10)	If it's just going to sit there, then sell it. To me, the car was ment to be driven and not just stared at in the garage. __________________ 2014 Alpine White 328i M Sport \| M Performance Exhaust \| M Performance Front Splitter \| M Performance Carbon Fiber Spoiler \| M Performance Grills \| M Performance Pedals[/SIZE] ______________________
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