Quote:
Originally Posted by TribalElder
Did it command a good price? I am not familiar with how BMW's hold as far as resale value
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I was pretty pleased. I drove it for 12 years and still got almost 40 percent of my initial purchase price. (Recall that I bought it when it was almost three years old.) I bought it for a little over $22k and sold it for a little more than $8.
I definitely underpriced it a bit. If I had been hard core and willing to hold out for a while, I could have gotten another $1,200 to $1,500. But I wanted to make the sale rather quickly to keep from having to park it on the street going forward.