To answer ur last sentence just for your info i was offered 28K with DEPOSIT jus in DECEMBER 08. Until last minute the person backed out due to his own financial screw ups. Loans are crap, no cash up really cant do much bro. Appreciators will be appreciators. If u only need a ride this is not the car to look at. Similarly if i only need a watch to tell time... a Seiko will serve me fine, i cant be going to Boutiques or even 2nd hand watch shops to wanting to buy a good swiss watch but tell them to lower price cannot sell so high liao cos market depressed.
Next I answer ur queries.
For link 1..... Its 320iA SEDAN depre at $6300 a year. For remaing 2years 4months. Divide by asking price $14800
For link 2..... Its 318iM SEDAN depre at $7900 a year. For remaing 2years. Divide by asking price of $15800
For my car.... Its 318iS COUPE depre at $7300 a year. For remaining 3years 10months. Divide by asking price of $28000
For your offer at 20K.... its buying my 318iS Coupe @ $5200 a year.... I doubt you can get a properly maintained and nicely done up E36 SEDAN with that kind of depre. Current COE EG9/6 asking price is also abt approx $5Kplus some even $6K a year. I can't comprehend the "reasonableness" in your offer.
Someone here just bought a 318iS coupe with depre of approx 7.9K a year. Thats a champion.
and i heard got some "chiu buay" (hokkien) need to spend money to do.
Just look at the depre if you want to make comparisons. I can even let go at 7K or 6.9K for a restored COUPE. But then again if you think its expensive to pay such depre for such "OLD" junks.... with that depre u will be spoilt for choices.
Sometimes its not only the asking.... look at the depre and years left. I think u claim that when COE expire the car not worth half of what u paid when u purchased it. I give u a scenario, u buy at 28K drive 46months later u realise u dont wana keep the car. U renew COE and sell..... will u be selling just the COE value? Answer is no and u will be selling maybe at about 28K again for 10years. Say u finally sell at 20K (worst case)maybe COE 10K u still make 10K and against ur purchase price of 28K u just paid 18K for 46months drive. The depre comes down to $4700.
But if u think price too high or i not willing to compromise i am sorry, i will not sell if price is not right.
With Credits to
SC_IS.... Thanks Bro
iScoupe.... Thanks Bro
Milk15.... Thanks Bro
MarkLee.... Thanks Bro
Discolite.... Thanks Bro
For seeing eye to eye with me...................
