BMW 330 ZHP Prices -- How Much Did You Pay?

[danewilson77]

So......

(Me jealous)

[shadowpuck]

That's true. At first I was surprised by the number of people who don't know what they own. Now I am not. Lots of private dealers out there sell these ZHPs without adding a premium for the package. They take them in on trade in and have no idea what they're selling. That likely means that the previous owner didn't know what they had either, since the dealer isn't going to -- usually -- sell a car at a loss.

If I had it to do all over again, I would have paid a lot more attention to private-dealer sales. Seems like a great place to pick up a gem at the right price (assuming dealer doesn't know what it has).

there was also a period in time where the books (KBB, etc.) had it wrong as well. a ZSP car was worth more, according to the books, than a ZHP model....

i've run across numerous listings (usually at dealers, and not always non-BMW ones at that) which will list the car as a sport package, or as having the "M3 package."

sorry that was a bit off-topic, but something i always found interesting......

[johnrando]

I was pretty pumped at the deal I got in May '09 for my CPO '06 ZHP CiC w/Cold Weather Package (with a CARFAX) in SoCal, around 42K miles. Best price around town for a CPO non ZHP was just under $28K and it was tough to get the dealer down to that. I was going to buy it, but the next day I found mine at $24,500K, about 60 miles away at a BMW dealer! Couldn't believe it. Since they were a BMW dealer I'm sure they knew what they had. It was such a good price, I had to ask the salesman why. He said that this was a corporate owned dealer, one of many, and the corporate policy was to not keep cars on the lot for more than a certain amount of time, so when that time came, they'd drop the price to their bottom line and it usually sold in a day or two, if that long. I think the semi-remote location of the dealer where the housing market was still hurting probably kept the car on the lot longer than normal too.

[jsachs71]

2004 Imolarot 6 speed. Purchased in Atlanta for $17,800; driven to Orlando. 58,000 miles. April 2010. (HA! Just found the bill of sale--was 800 less than I thought... fixed now; 17.8!)

[danewilson77]

I was pretty pumped at the deal I got in May '09 for my CPO '06 ZHP CiC w/Cold Weather Package (with a CARFAX) in SoCal, around 42K miles. Best price around town for a CPO non ZHP was just under $28K and it was tough to get the dealer down to that. I was going to buy it, but the next day I found mine at $24,500K, about 60 miles away at a BMW dealer! Couldn't believe it. Since they were a BMW dealer I'm sure they knew what they had. It was such a good price, I had to ask the salesman why. He said that this was a corporate owned dealer, one of many, and the corporate policy was to not keep cars on the lot for more than a certain amount of time, so when that time came, they'd drop the price to their bottom line and it usually sold in a day or two, if that long. I think the semi-remote location of the dealer where the housing market was still hurting probably kept the car on the lot longer than normal too.

I disagree with you a lil that $24.5k is a good price....

Read further about semi-remote location which may make your case a lil stronger.

[Marcus-SanDiego]

I disagree with you a lil that $24.5k is a good price....

Read further about semi-remote location which may make your case a lil stronger.

But when he bought the car it was only a 3-year-old car, still under regular warranty. Also, he bought that car 20 months ago. Finally, it's a convertible. I think $24,500 is in the ballpark of a decent deal.

But I hear you. You said you only disagree a "lil." You're thinking it should have been closer to $22K?

[danewilson77]

Yeah.........thats more of what I was thinking.......maybe even 20k-22k..........idk...

These cars typically depreciate by about 50% in five years.....assuming they are perfect.....and also dependant on geographic location as peviously discussed.

[Marcus-SanDiego]

I would suspect that the convertible was about $47K in 2006 (and probably more). After three years, it was bought for $24.5K. That's not bad -- if you assume that it should be worth half after five years.

[only1waqas]

I might be thinking about selling my ZHP, how much should i be asking?

2003 ZHP Sedan
Silver/With Black Alcantra Interior
Xenon Pkg
Premium Pkg
6 Speed
No Sunroof
Miles: 30K (Yes 30K Miles) Original. I bought the car from Original owner with 7K miles.
Upgrades: Umnitza V2, All clears around Tailights, Sides, and front corners, and tint..Dice Silverline Ipod as well.

Whats a fair price to ask?

[Marcus-SanDiego]

Will, you're going to get a good price for it. You're close enough to the Bay Area that you'll get interest -- and inflation -- from that area.

More importantly, that mileage is going to be worth a premium. Similarly, silver is a popular and easy color to sell.

On the negative side, it's a 2003. First year of the ZHP. Someone will discount it because of that.

If I was looking for a ZHP, I'd be willing to pay $20K-$21K for that car.