BMW 1-Series Forum (F20) 135i - 1Addicts.com > BIMMERPOST Universal Forums > Off-Topic Discussions Board > Used car prices are INSANE
Post Reply
 
Thread Tools Search this Thread
      11-26-2021, 08:46 PM   #1
Joe T
New Member
United_States
174
Rep
9
Posts

Drives: F16 X6
Join Date: Oct 2019
Location: Central CT

iTrader: (0)

Used car prices are INSANE

So my daughter's car was stolen on Wednesday from our driveway.

Broad daylight, wife, daughter and dog at home and oblivious....

But that's another story

SO I'm looking for a replacement,

cars selling for $15k with 170K miles.... rebuilt titled 6 year old hondas and toyotas at $17k

it's INSANE. was hoping to be around 15K for something she'll get through 2 more years of college then grad school, don't think that's going to happen

here's the kid jumping in the A4 for it's last trip out of our driveway
Attached Images
 
Appreciate 0
      11-26-2021, 09:06 PM   #2
kscarrol
Brigadier General
kscarrol's Avatar
United_States
5331
Rep
3,795
Posts

Drives: 2021 X3 M40i, 1974 2002 Tii
Join Date: Jun 2010
Location: New Orleans, LA

iTrader: (0)

Have 2002 MB E320 4matic wagon Iím sellingÖ . Honestly, has 38,xxx miles
__________________
2021 X3 M40i
1974 2002tii, Inka, 5 sp manual
BMWCCA # 327475
Appreciate 0
      11-26-2021, 09:09 PM   #3
Sy1616
First Lieutenant
278
Rep
306
Posts

Drives: 2013 BMW M5
Join Date: Mar 2016
Location: Earth

iTrader: (0)

05 C55 for $18k with58k miles?
Appreciate 0
      11-26-2021, 09:45 PM   #4
Bimmersandmopars
Second Lieutenant
269
Rep
242
Posts

Drives: M8 Gran Coupe Comp
Join Date: Aug 2021
Location: Texas

iTrader: (0)

Quote:
Originally Posted by Joe T View Post
So my daughter's car was stolen on Wednesday from our driveway.

Broad daylight, wife, daughter and dog at home and oblivious....

But that's another story

SO I'm looking for a replacement,

cars selling for $15k with 170K miles.... rebuilt titled 6 year old hondas and toyotas at $17k

it's INSANE. was hoping to be around 15K for something she'll get through 2 more years of college then grad school, don't think that's going to happen

here's the kid jumping in the A4 for it's last trip out of our driveway
Carmax seems to be the litmus test on values right now.
Appreciate 0
      11-26-2021, 10:57 PM   #5
BRAKE!
Enlisted Member
138
Rep
45
Posts

Drives: N/A
Join Date: Aug 2021
Location: USA

iTrader: (0)

can't tell you much about used car prices... but please update us on what happens
Appreciate 0
      11-26-2021, 11:29 PM   #6
upstatedoc
I'll get back to you
upstatedoc's Avatar
6746
Rep
2,124
Posts

Drives: blue streak
Join Date: Dec 2009
Location: not downstate

iTrader: (2)

Why weren't you on the .50 cal?
__________________
2018 Stinger GT
1997 Toyota T100
2009 E90 N51 /Active Autowerke Stage 2 tune/BMW Performance Exhaust/
Countermeasure enthusiast.
Appreciate 3
Patton2501071.00
Tommy-G1883.50
NickyC10445.00
      11-26-2021, 11:49 PM   #7
PYE46M3
Lieutenant
United_States
614
Rep
502
Posts

Drives: E46 M3, E92 M3
Join Date: Nov 2018
Location: MI

iTrader: (0)

I agree. It is the worst time to buy a used or even a new car. I've been looking for a CPO Mazda CX-5 for my mom. A 2-3 year old one with 30k is $2,000-$3,000 less than a brand spanking new one. It's a joke. The chip shortage is driving the used car prices through the roof.
__________________
2005 Phoenix Yellow E46 M3 6MT Coupe
2013 Interlagos Blue E92 M3 6MT ZCP
Appreciate 0
      11-27-2021, 12:42 AM   #8
E92inPHX
First Lieutenant
E92inPHX's Avatar
651
Rep
389
Posts

Drives: E92 335i
Join Date: Jun 2010
Location: it burns!!!, PHX

iTrader: (2)

A dealer in Phoenix listed the new Civic Si for 48k and I’m betting someone’s stupid enough to pay that price too. Everything new here has at least a 3k markup and used cars are going for several thousand more than when they were new even with 30-50k miles on them. F@#cking insanity the times we live in.
Appreciate 0
      11-27-2021, 01:16 AM   #9
Nachbar
Lieutenant
Nachbar's Avatar
Switzerland
753
Rep
567
Posts

Drives: i8
Join Date: Jul 2015
Location: Switzerland

iTrader: (0)

I'm no expert, but what if prices go up, because USD looses value?
Appreciate 0
      11-27-2021, 01:55 AM   #10
Esteban
Major General
Esteban's Avatar
United_States
8884
Rep
7,062
Posts

Drives: Not a BMW
Join Date: Jun 2014
Location: The Golden State

iTrader: (0)

Quote:
Originally Posted by E92inPHX View Post
A dealer in Phoenix listed the new Civic Si for 48k and I'm betting someone's stupid enough to pay that price too. Everything new here has at least a 3k markup and used cars are going for several thousand more than when they were new even with 30-50k miles on them. F@#cking insanity the times we live in.
Wow, 48 grand for a Civic Si. And that's not even the best Civic.
Appreciate 0
      11-27-2021, 06:32 AM   #11
Fly320s
Private First Class
United_States
984
Rep
146
Posts

Drives: 2020 M2C Sunset Orange
Join Date: Sep 2017
Location: NH

iTrader: (0)

Garage List
2020 BMW M2C  [0.00]
New car prices are just as bad. I've been looking at the Kia Telluride, but most places don't have any in stock. One dealer who has some wants $10k over MSRP.

Another dealer emailed me to say the best way to get the Telluride is to order it. Plan on a 6 month wait for the bottom trim level and 9 months for the top trim.
Appreciate 1
Tommy-G1883.50
      11-27-2021, 07:11 AM   #12
LemansE90335xi
Captain
LemansE90335xi's Avatar
Canada
5951
Rep
777
Posts

Drives: 335xi E90, GMC Sierra, VW Golf
Join Date: Jun 2020
Location: Nova Scotia

iTrader: (0)

Just ordered a new Ford Transit 250 LWB mid high roof. Dealer said no deposit needed because they'd have no problem selling it if I didn't take it. Expected delivery... maybe May, probably June.

Edit. New 2021 Transit dealer price is $50,369. Two used Transit vans on Autotrader within 500km. One is a 2017 with 105k km for $44,485 and the other is a 2020 with 109k km for $54,900!
__________________
Wha' da ya mean? No brakes never stopped anyone before!

Last edited by LemansE90335xi; 11-27-2021 at 07:29 AM.. Reason: More info
Appreciate 0
      11-27-2021, 07:52 AM   #13
RickFLM4
Brigadier General
RickFLM4's Avatar
United_States
6935
Rep
4,377
Posts

Drives: M4
Join Date: Jul 2015
Location: PB County, FL

iTrader: (0)

Challenge whatever the insurance company pays you for the theft claim if not in line with equivalent replacement cost.
__________________
Current: 2018 SO/SS F83 ZCP
Gone: 2015 SO/SO F82
Appreciate 7
Patton2501071.00
bosstones828.00
Tommy-G1883.50
E92inPHX651.00
vreihen165767.00
2000cs2156.00
      11-27-2021, 07:59 AM   #14
BMWCCA1
BMW Owner Since 1971
766
Rep
614
Posts

Drives: 1964 700 Sport Cabriolet
Join Date: Apr 2014
Location: Central Virginia

iTrader: (2)

Garage List
2013 BMW 128i  [0.00]
It is all very real right now. I tell most of my customers looking for a 2-year-old BMW to just buy a new one—it's cheaper! I've even saved some friends/customers thousands when I had a BMW retired loaner available, but that's harder today with nothing with which to replace a retired loaner. But then our dealer group does not allow selling over MSRP. It's just a thing they do. I'm sure you can find others who operate with that same ethic.

But, more importantly, be sure your insurance company is paying your loss based on the most current values. We lost my wife's 128i in an accident and managed to get the insurance to pay almost $4,000 over their original offer by using their own facts against them. We ended up getting more for the 128i than we paid for it over four-years ago. Of course we never found a replacement and she had to settle for a one-owner E90 with fewer miles.

And the curiosity in me wants to know if your daughter had left the key in her unlocked Audi? Or what happened to be able to gain access and drive away?
Appreciate 5
NickyC10445.00
3798j4376.00
      11-27-2021, 09:02 AM   #15
CTinline-six
Hoonigan
CTinline-six's Avatar
United_States
5867
Rep
2,795
Posts

Drives: '09 328i, '98 Wrangler
Join Date: Dec 2016
Location: Connecticut

iTrader: (0)

Garage List
Quote:
Originally Posted by BMWCCA1 View Post
And the curiosity in me wants to know if your daughter had left the key in her unlocked Audi? Or what happened to be able to gain access and drive away?
This.

I noticed you are in Central CT. I used to work in East Lyme, and someone from their PD told me they were having a ton of cars stolen by kids in the area. Most of them were unlocked with the keys in them.

Meanwhile I live in the middle of the woods and lock my vehicles in my driveway out of habit.
__________________
"Yeah, but your scientists were so preoccupied with whether or not they could, they didn't stop to think if they should."

-Dr. Ian Malcolm, Jurassic Park
Appreciate 3
Patton2501071.00
vreihen165767.00
      11-27-2021, 09:16 AM   #16
Joe T
New Member
United_States
174
Rep
9
Posts

Drives: F16 X6
Join Date: Oct 2019
Location: Central CT

iTrader: (0)

Quote:
Originally Posted by CTinline-six View Post
This.

I noticed you are in Central CT. I used to work in East Lyme, and someone from their PD told me they were having a ton of cars stolen by kids in the area. Most of them were unlocked with the keys in them.

Meanwhile I live in the middle of the woods and lock my vehicles in my driveway out of habit.


cop that did the report came about 9pm, his shift shift started at 3... all he did was car break ins and stolen cars for 6 hours. The video is pretty clear, and the 2 in my driveway had been spotted at numerous calls on wednesday by other cameras.

Doors were unlocked, BUT we had what we thought was the only key in the house with us. We have our suspicions, and thinking poor audi design and our own ignorance made it easy for them
Appreciate 1
      11-27-2021, 09:22 AM   #17
Patton250
Captain
Patton250's Avatar
United_States
1071
Rep
994
Posts

Drives: BMW X3
Join Date: May 2021
Location: Tampa

iTrader: (0)

That freaking kid is bold. Walking up in broad daylight to someone’s home to steal something. He most certainly isn’t scared to die. He must’ve been jacked on drugs or something to do something that brazen, reckless and dangerous.
Appreciate 1
      11-27-2021, 09:28 AM   #18
CTinline-six
Hoonigan
CTinline-six's Avatar
United_States
5867
Rep
2,795
Posts

Drives: '09 328i, '98 Wrangler
Join Date: Dec 2016
Location: Connecticut

iTrader: (0)

Garage List
Quote:
Originally Posted by Patton250 View Post
That freaking kid is bold. Walking up in broad daylight to someoneís home to steal something. He most certainly isnít scared to die. He mustíve been jacked on drugs or something to do something that brazen, reckless and dangerous.
The PD I spoke with about it said that due to the incident a few years ago where a minor died being chased by the police in a stolen car, many departments are encouraged to not pursue what they believe to be minors in stolen vehicles. The criminals know this. The guy I spoke with said he arrested some of these thieves, and their method was to have a car that dropped off several kids in certain neighborhoods to find and steal cars. The cops asked the kids what they do if they don't find one, and the kid responded that they always find them, many unlocked with the keys in them right in the driveway.
__________________
"Yeah, but your scientists were so preoccupied with whether or not they could, they didn't stop to think if they should."

-Dr. Ian Malcolm, Jurassic Park
Appreciate 1
Patton2501071.00
      11-27-2021, 09:31 AM   #19
Patton250
Captain
Patton250's Avatar
United_States
1071
Rep
994
Posts

Drives: BMW X3
Join Date: May 2021
Location: Tampa

iTrader: (0)

Quote:
Originally Posted by CTinline-six View Post
The PD I spoke with about it said that due to the incident a few years ago where a minor died being chased by the police in a stolen car, many departments are encouraged to not pursue what they believe to be minors in stolen vehicles. The criminals know this. The guy I spoke with said he arrested some of these thieves, and their method was to have a car that dropped off several kids in certain neighborhoods to find and steal cars. The cops asked the kids what they do if they don't find one, and the kid responded that they always find them, many unlocked with the keys in them right in the driveway.
Well about that time I would build a fence around my entire house and put a couple of Rottweilers in the yard. That should take care of those young punks. Lastly I would think about this time itís not very wise to leave the keys in the car unlocked knowing whatís happening in the neighborhoods.
Appreciate 2
      11-27-2021, 09:40 AM   #20
CTinline-six
Hoonigan
CTinline-six's Avatar
United_States
5867
Rep
2,795
Posts

Drives: '09 328i, '98 Wrangler
Join Date: Dec 2016
Location: Connecticut

iTrader: (0)

Garage List
Quote:
Originally Posted by Patton250 View Post
Well about that time I would build a fence around my entire house and put a couple of Rottweilers in the yard. That should take care of those young punks. Lastly I would think about this time itís not very wise to leave the keys in the car unlocked knowing whatís happening in the neighborhoods.
I never understood people leaving things unlocked. Granted, if someone wants it bad enough they will take it regardless, but sometimes making things difficult will make them move on. I grew up on a dirt road in a small town, but that town was next door to the heroin capitol of the northeast. Every once in a while you'd get some odd people just walking down the street. We locked our doors and our house. Now I live in a nice quiet neighborhood, and still do the same. Even though we live in a secluded area, one of our neighbors got their car broken into a year ago or so.

Meanwhile one of my friends lives in a not-so-great section of Hartford and leaves her car unlocked on the street. I guess it's all what someone is used to. Personally I trust people about as far as I can throw them, which with my thinner build and the obesity problem in this country isn't too far.
__________________
"Yeah, but your scientists were so preoccupied with whether or not they could, they didn't stop to think if they should."

-Dr. Ian Malcolm, Jurassic Park
Appreciate 5
vreihen165767.00
Bunnny157.50
Patton2501071.00
kanovic420.00
      11-27-2021, 10:11 AM   #21
Tommy-G
Captain
Tommy-G's Avatar
1884
Rep
669
Posts

Drives: 2015 435 Vert Alpine White
Join Date: Apr 2010
Location: Bradenton FL

iTrader: (0)

Back in the early 90’s car theft was huge, busted out ignitions etc then manufactures came out with anti theft ignitions/keys.
I didn’t know car theft was even a thing anymore. I’m guessing with new and used car prices so high, there’s a large market for parts or complete cars oversees
Appreciate 0
      11-27-2021, 10:52 AM   #22
E92inPHX
First Lieutenant
E92inPHX's Avatar
651
Rep
389
Posts

Drives: E92 335i
Join Date: Jun 2010
Location: it burns!!!, PHX

iTrader: (2)

Quote:
Originally Posted by Esteban View Post
Wow, 48 grand for a Civic Si. And that's not even the best Civic.
I thought the 20k markups on the type R was ridiculous when it first came out pre pandemic but at least thatís not a regular ass Si that are everywhere.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 08:07 PM.




1addicts
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2021, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST