Is this reasonably priced?

[Viper1969]

Hi, first post.

I'm looking at a 97. I don't know if it's a sport or not, 118k miles on it, automatic.

It's priced at $6,995, which seems a little high from poking around/KBB/etc. How much is a reasonable price?

Below are some pictures.

Thanks for the help.

[thesk8nmidget]

Its a sport. And that seems quite high to me.



I would pay that for maybe a 60,000 mile car but that seems like it should go for like 5 tops

[ATF]

It's not too high on mileage. My '98 Active with 64K was $7,500 The guy wouldn't budge on the price when I offered him $7, so we split the difference from $8 and dropped it to $7.5

I wanted to keep looking, but my old man was practically twisting my arm into buying it. It looks like you're buying it from a dealer, that would explain why it's priced higher than say from an individual.

It's funny you post that car, it's the exact car that I wanted when I was looking.. Sport, Black Exterior, Automatic.

[lazoh]

Make the dealer an offer for $6K and see what happens.

[Philly]

I don't think its to overly priced...

Look around your area, and see what the normal going rate is, and add about $1000 if your buying from the dealer.

Here in Canada where Im from, a good example 318ti will run anywheres from $6k to $10k... depending on years, shape, options, etc. Probably cause they are slightly more "rare".

My base 98' with 80-90,000 miles was $9400ish in 2006, I know I overpaid a little but it was from a dealer, the underneath was immaculate, and not a spec of rust anywheres on it - and i live in heavily salted area in winter.... so all that helped the price.

[mohaughn]

I would say it is overpriced. E36 BMWs with automatic transmission lose a lot of value once they get over 120k miles. The transmissions are the known weak point and rarely make it to 200k miles. A transmission swap/rebuild, etc.. will run you between $2k and $4k.

Steve