Originally Posted by
chris
I'm sorry but that is ludicrous! I am trying to help my friend buy a ZHP, and this price is laughable.
Can anyone honestly say (even us) that they would take a 2004 ZHP with 28k miles for $28k, over a 2011 V8 M3 with a few more miles (~40k) for the same price (for sale right now)?
You just can pretend prices don't go down over time.
i agree that $28K is a lot of money, however when you think about it in terms of getting a 2- or 3-year old ZHP (averaging 14K or 9.3K miles per year, respectively, would equal 2 or 3 years of use) for $28K.... it was a $50K USD car when new (heck, the price of my estoril coupe in canada was $68K CAD!). in that respect it's really not a bad deal.
however - in light of that argument, it's not like you're buying a camry here. you are an enthusiast and you've placed yourself into a completely non-standard situation, so 'logic' would kind of go out the window here.
in regards to the 2011 M3 - well, is that a private sale? remember that this ZHP is being offered by a dealer, so they are looking to make a profit (and probably a tidy one at that!).
for this particular car, i personally would not spend $28K USD, as i would buy something different if i was spending that kind of money. but if it was $18-20K i would heavily consider it.
peter
2004 330i ZHP
2005 330iT ZHP
2010 328iT M Sport