Smart idea to resell and buy?
#1
Registered User
Thread Starter
iTrader: (1)
Join Date: Jul 2012
Posts: 175
Likes: 0
Received 0 Likes
on
0 Posts
Smart idea to resell and buy?
Hey guys i currently have a 08S MT with 25k millage on it. I was originally going to drive this till it breaks down but my boss is saying to resell it when i hit around 60k mileage and buy a newer one because the maintenance will cost about the same, if not more. Is this a smart idea where you keep selling and rebuying? Because i was just about to buy a 11 aero bumper and my 08 would basically become the 2011 but not sure if its worth the investment if i were to resell it down the road anyhow. Any thoughts?
Last edited by joshk; 08-01-2012 at 03:26 PM.
#7
Registered User
Thread Starter
iTrader: (1)
Join Date: Jul 2012
Posts: 175
Likes: 0
Received 0 Likes
on
0 Posts
I bought mine used for 28k with navi. So im guessing it would be more worth it just to keep it till it dies or pretty close to it? lol and no my boss isnt looking for a g37 but that would be hilarious. He use to drive a 335i but now has a m6 and trust me he always argues with me of his overpriced old 335i everyday and when i was on the market for a car tried to sell me his.
Last edited by joshk; 08-01-2012 at 03:27 PM.
Trending Topics
#9
Registered User
Thread Starter
iTrader: (1)
Join Date: Jul 2012
Posts: 175
Likes: 0
Received 0 Likes
on
0 Posts
LOL sorry my wording isnt accurate the 60k was meant in the mileage i should sell it at. And if i were to resell my g i would prolly buy a 2011 used one with low mileage. would doing this make it worth it or still I'd be losing money?
#10
Registered User
Join Date: Jul 2012
Location: Brooklyn, NY
Posts: 195
Likes: 0
Received 0 Likes
on
0 Posts
As far as I just looked at records from an auction site (manheim), they typically sell for around 23k.
So you just gata figure out your costs and whatnot. From what I've read on here though, there's not many problems that come up with the G.
#11
Registered Member
iTrader: (1)
If you increased your loan by $10k (upgrading to a 2011) you'd be paying at least another $2000 a year. Short of blowing the tranny or engine, maintenance wouldn't come anywhere near that. If you want to follow that logic, lease the car instead of buying it.
If you have an 08, your warranty is already up, so why 60k miles?
If you have an 08, your warranty is already up, so why 60k miles?
#12
Registered User
At 60k an 08 G will be worth, at most in the low 20s. A new 6MT G will be 36-44K.
Is your G going to cost you 15-20k g in repairs at 60K? No. At 100k? No.
Keep some dough in the bank for new tires and clutch/CSC replacement.
Is your G going to cost you 15-20k g in repairs at 60K? No. At 100k? No.
Keep some dough in the bank for new tires and clutch/CSC replacement.
#13
Registered User
Thread Starter
iTrader: (1)
Join Date: Jul 2012
Posts: 175
Likes: 0
Received 0 Likes
on
0 Posts
If you increased your loan by $10k (upgrading to a 2011) you'd be paying at least another $2000 a year. Short of blowing the tranny or engine, maintenance wouldn't come anywhere near that. If you want to follow that logic, lease the car instead of buying it.
If you have an 08, your warranty is already up, so why 60k miles?
If you have an 08, your warranty is already up, so why 60k miles?