Yes, he lost money. IMO, this proves the used car market is cooling down.
2005 IR / black / 6MT153,000 miles
The seller took a pretty big hit. $20,250 + 4.5% buyer's fee is almost $21,200 before sales tax/registration. If he put $3K into it he's crossed $25K easy
Car is back for sale in C&B. The buyer didn't close the deal on 2/28/2023. New link:
https://carsandbids.com/auctions/r4b...330i-zhp-sedan
2005 IR / black / 6MT153,000 miles
Sold for $17,750. Seller lost money on this car.
2005 IR / black / 6MT153,000 miles
Poor seller lost even more money with the second auction. That's really gotta suck.
I almost bumped it to 18k.
My logic was that the eventual winner would outbid me multiple times, eclipsing the last sale price.
I wouldn't win in that scenario (made evident afterward by his comment that he thought the price would hit 20k), and then the prices for comparable ZHP's would continue to be astronomical and unaffordable.
That's the end of my celestial analogies.