How long to sell an M?
- Thread starter Popey
- Start date
In response though, given the (relative) rarely of these cars, and the fact they are a reasonably expensive car to run, and the buyers are quite picky as we know, I think every half decent ///M has a buyer out there... it's just maybe about the right buyer and the right car being available for each other at the right time. For example, if I had the budget I think I need for a top condition low mileage ///M right now for example (£15-16k I reckon) I might seriously consider that Imola one on AT because I'd have enough left to fix any bodywork / other issues... As long as the history stacks up and it's not actually a complete munter...
From what I've seen you have to be quick when you see a car you want. A lot of really great and sensibly priced ///Ms seem to sell within a matter of days.
Ones that are for sale for longer are either less coveted (high mileage, undesirable colour, poor condition etc.) or the sellers are unrealistic with their prices (there are a couple on the forum at the moment in a similar position).
If you're looking at a car that's been around for a few weeks, you have to try to figure out why. It could simply be that the perfect colour combo for you, doesn't appeal to others, or it could be that the the car hasn't been looked after/ maintained well and is maybe a riskier buy than others.
Ones that are for sale for longer are either less coveted (high mileage, undesirable colour, poor condition etc.) or the sellers are unrealistic with their prices (there are a couple on the forum at the moment in a similar position).
If you're looking at a car that's been around for a few weeks, you have to try to figure out why. It could simply be that the perfect colour combo for you, doesn't appeal to others, or it could be that the the car hasn't been looked after/ maintained well and is maybe a riskier buy than others.
Yep - this applies to many desirable cars. If you're a serious buyer with the right budget then daily AT/PH/forum searches are a must - even twice daily and then be prepared to travel, quickly.
I bought a 330d touring a few years ago that was truly fantastic, but it got listed on PH at 4pm on a tuesday, I drove 150 miles each way that evening to view and put a deposit down as the chap had already had two "I'll come at the weekend" phone calls by the time i rang at 5pm.
Likewise, when I sold my wife's Suzuki EN125 motorbike my phone just didn't stop ringing. I put a realistic price on it as I didn't want it hanging around and it sold within 50 mins for the asking price.
Price price, right buyer, decent advert and quality product and things sell quickly.
I bought a 330d touring a few years ago that was truly fantastic, but it got listed on PH at 4pm on a tuesday, I drove 150 miles each way that evening to view and put a deposit down as the chap had already had two "I'll come at the weekend" phone calls by the time i rang at 5pm.
Likewise, when I sold my wife's Suzuki EN125 motorbike my phone just didn't stop ringing. I put a realistic price on it as I didn't want it hanging around and it sold within 50 mins for the asking price.
Price price, right buyer, decent advert and quality product and things sell quickly.
The same seems to apply for houses too. Bad ones (over-priced or undesirable) will sit on the market for months/ years.
Good ones seem to shift very quickly. Selling my last flat, it sold within 3 days of listing. That included time for 5 viewings (3 different people, 2 came back for a 2nd) and negotiation.
Equally the flat I purchased was on the market for a week before I had an offer accepted.
On the flip side, my parents took 18 months to sell their place (mainly due to a refusal to spruce it up/ re-decorate having been 17 years since the last freshening up).
Good ones seem to shift very quickly. Selling my last flat, it sold within 3 days of listing. That included time for 5 viewings (3 different people, 2 came back for a 2nd) and negotiation.
Equally the flat I purchased was on the market for a week before I had an offer accepted.
On the flip side, my parents took 18 months to sell their place (mainly due to a refusal to spruce it up/ re-decorate having been 17 years since the last freshening up).
Its simple sales - everything has a price and will sell at the right price.
The M and most high end cars are very sensitive to colour combo/level of spec and mileage (even though the enginein the Z is well proved for reliability over 100k E46 M3 - Z is seen as a weekend car.)
When buying you not only have to think about what you want but also whether it will be desirable come resale time.
The M and most high end cars are very sensitive to colour combo/level of spec and mileage (even though the enginein the Z is well proved for reliability over 100k E46 M3 - Z is seen as a weekend car.)
When buying you not only have to think about what you want but also whether it will be desirable come resale time.
itguy said:StevenH72 said:
What is it with people refusing to do this with houses / cars. A quick splash of paint and a cheap neutral carpet and de-clutter or a wax, vacuum and quick machine polish and time to sale tumbles down.
Shiny cars sell
Completely agree, I told them time and time again, spend a little bit of cash for a lick of paint and de-clutter and it'll sell. In the end they did redecorate the lounge, hallway and dining room and it sold. Albeit, to a guy who has now gutted the place to rebuild his vision.....oh well :wink:
StevenH72 said:
Sounds like my neighbours two doors away. They say 'we're moving so we don't need to do anything'. Crazy! I blame the majority of estate agents who seem to be too scared to tell their clients what they ought to hear. Phil Spencer on Channel 4 has the right idea and he doesn't mince his words. :wink: