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-   -   Debate: List m3 for sale now or wait idle until springtime? (http://www.m3forum.net/m3forum/showthread.php?t=592786)

SinaE46 Wed, Oct-11-2017 08:27:06 PM

Debate: List m3 for sale now or wait idle until springtime?
 
Hi all

If you had a convertible to sell, would you list it now (faster option) or wait until next spring? I am located in Washington DC so the coming winter months will not be helpful.

We have a niche market for these cars, I think the right buyer will be interested no matter time of the year. Not sure how much the market/price for convertibles slump during the winter though. Anyone have experience with this?

What do you guys think?

2006E46M3fan Wed, Oct-11-2017 08:32:01 PM

Re: Debate: List m3 for sale now or wait idle until springtime?
 
All depends on location.

rhythim Wed, Oct-11-2017 08:32:34 PM

Re: Debate: List m3 for sale now or wait idle until springtime?
 
Bought mine during Thanksgiving last year. I feel like I got my money's worth, but it definitely didn't come with a cold weather discount.

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SinaE46 Wed, Oct-11-2017 08:33:51 PM

Re: Debate: List m3 for sale now or wait idle until springtime?
 
Quote:

Originally Posted by 2006E46M3fan (Post 1067731718)
All depends on location.

Very true. It gets a bit nasty here in DC during the colder months.

SinaE46 Wed, Oct-11-2017 08:35:19 PM

Re: Debate: List m3 for sale now or wait idle until springtime?
 
Quote:

Originally Posted by rhythim (Post 1067731719)
Bought mine during Thanksgiving last year. I feel like I got my money's worth, but it definitely didn't come with a cold weather discount.

Sent from my SM-G928V using Tapatalk


This supports my idea, the right buyer is interested no matter time of the year. :hattip:

L0ADED Wed, Oct-11-2017 08:39:31 PM

Re: Debate: List m3 for sale now or wait idle until springtime?
 
Doesn't matter, just make a proper listing with good photos.

mleveroni Wed, Oct-11-2017 08:48:59 PM

Re: Debate: List m3 for sale now or wait idle until springtime?
 
I agree you could get someone who is looking for a specific car and the season wouldn't madder. However, I think its safe to assume the same convertible would go for more in the summer. I made my own spread sheet of a bunch of stuff that affected values off the market tracker thread, but lost it. I would say 10% difference in price at the highest from what I've seen on craigslist. Also, its hard to find comparable cars, so take that number with a grain of salt. This is also in the Northeast, as opposed to Southern California. In the end, value is really dictated by the condition and specs of the car.

I would say if you are not in need of the cash immediately and have the space to store the car, hold on to it. Although, if you hold on to it you run the risk of not wanting to sell it lol.

RedM3/4 Thu, Oct-12-2017 01:06:51 AM

Re: Debate: List m3 for sale now or wait idle until springtime?
 
Other than west coast and Arizona, back when I was watching prices like a fiend, I had data that showed that even for coupes, prices went up a bit in about
Feb/March from the normal depreciation and lows in Nov/Dec/Jan. Now this was back in 2009. But if you really think about these cars, they are specialty/limited market cars year round, unlike a ford focus for example.
I have to believe that a vert will be REALLY hard to sell in cold weather, you'll wait longer and deal with folks shopping for low prices; better wait until spring when the juices start flowing again IMO.

ADS

SinaE46 Thu, Oct-12-2017 01:11:34 AM

Re: Debate: List m3 for sale now or wait idle until springtime?
 
Quote:

Originally Posted by RedM3/4 (Post 1067731825)
Othyer than west coast and Arizona, back when I was watching prices like a fiend, I had data that showed that even for coupes, prices went up a bit in about
Feb/March from the normal depreciation and lows in Nov/Dec/Jan. Now this was back in 2009. But if you really think about these cars, they are specialty/limited market cars year round, unlike a ford focus for example.
I have to believe that a vert will be REALLY hard to sell in cold weather, you'll wait longer and deal with folks shopping for low prices; better wait until spring when the juices start flowing again IMO.

ADS

Thanks for the input. Awesome .:hattip:

SinaE46 Thu, Oct-12-2017 01:13:13 AM

Re: Debate: List m3 for sale now or wait idle until springtime?
 
Quote:

Originally Posted by mleveroni (Post 1067731734)
I agree you could get someone who is looking for a specific car and the season wouldn't madder. However, I think its safe to assume the same convertible would go for more in the summer. I made my own spread sheet of a bunch of stuff that affected values off the market tracker thread, but lost it. I would say 10% difference in price at the highest from what I've seen on craigslist. Also, its hard to find comparable cars, so take that number with a grain of salt. This is also in the Northeast, as opposed to Southern California. In the end, value is really dictated by the condition and specs of the car.

I would say if you are not in need of the cash immediately and have the space to store the car, hold on to it. Although, if you hold on to it you run the risk of not wanting to sell it lol.

Thanks dude! A lot of awesome input from members. Thank you.


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