Hey Everyone-
There's 2004 330i ZHP for sale very local to me, and I'm trying to figure out what a fair price is for it.
Here's the details:
2004 BMW 330i ZHP sedan
I've been reading here in depth, and it's a ZHP: cube interior, M wheels and steering wheel, etc.
120,000 miles
Transmission: auto
Colors: black exterior, black leather interior, tinted windows.
Here's the kicker: salvage/rebuilt title
I rate the exterior as a 7/10: black paint looks pretty good. The car was rear ended in 2016, and "rebuilt" then. All body panels look to be the same black; I can't find a fade in from a paint job. But the front end has a fair number of rock chips, and there's a handful of 1cm rust spots in the rain gutters. 2 wheels have a little bit of curb rash
Interior: 7/10. Leather seats look good. There's some cracking on the driver's bolster, as expected. The A pillars are starting to peel, and in the right light, I saw some "waves" in the dash that looks like it might be delaminating. Headliner is solid. There's some marks on the plastic bits on the console, but everything works well. Window tint is good.
Mechanical: Current owner has had the car for about 2 years and only has records for what he's done. He's done the radiator work, as well as brakes and a new alternator. Tires have plenty of tread, but rear tires are some off brand that I didn't recognize.
Test drive: car drives well. No hesitation in engine at any rpm, car tracks straight, stops well, no extra rattles.
I bought the Carfax, which shows a lot of servicing and repairs, but I'm guessing it's incomplete.
Carfax says the car is worth $5000. Trucar puts the value at $2800. KBB puts the value between $2800 and $4800 if I rate the car in "good" condition, but KBB notes that it does not value cars with a salvage title (they recommend taking 20%-40% off the asking price).
Needless to say, the owner is asking well north of any of those values.
I would email the carfax with anyone via email, if they want to look at it.
What does the board say about a fair price for this car?