2014 BMW 428i convertible only 63k miles clean title with free warranty & financing

$16,988
-42.1% over (target 20%)
63000
2014 BMW 428i convertible only 63k miles clean title with free warranty & financing
Alameda, CA
apify (facebook)
Nov 01 17:52
clean / unknown
private
—
open listing
status: comp

Verdict: Overpriced

Risks

medium Accident history unverified: no report attached
medium No VIN: cannot decode or run a history report
medium Comparables disagree (spread 341.1%)
medium Expected net $-11,407 is below your minimum $1,000

Valuation confidence: low

$11,959
$9,904
$9,112 / $10,499
7 · 341.1% · 0.0 days
10.0%/yr (default; add more listings of this model to fit a curve)
condition ×1.0, title ×1.0, accident ×0.97, hold ×0.854, ask→sale ×0.97

Basis: median of 7 adjusted asking-price comps.

Comparables are asking prices, not verified transactions. Title and accident history are unverified unless a report was attached. Market conditions can change over the hold period; this is an estimate, not a guarantee.

Comparables (asking prices, adjusted to this vehicle)

CompAskingAdjustedAdjustmentsSeen
2014 BMW 428i
82000 mi · private · apify · San Jose, CA
$10,000$11,140mileage 82,000->63,000: +1,140Nov 01 17:52
2015 BMW 428i
65000 mi · private · apify · Aptos, CA
$13,000$12,262mileage 65,000->63,000: +120; year 2015->2014: x0.93Nov 01 17:52
2014 BMW 428i Convertible CLEAN TITLE LOW MILES with FINANCING AVAILABLE & FREE WARRANTY
63000 mi · private · apify · Alameda, CA
$16,988$16,988mileage 63,000->63,000: +0Nov 01 17:52
2014 BMW 428i convertible only 63k miles clean title with free warranty & financing
2014000 mi · private · facebook · Alameda, CA
$15,988$133,048mileage 2,014,000->63,000: +117,060Nov 01 07:22
2014 BMW 428i convertible clean title low miles with financing available & free warranty
2014 mi · private · facebook · Alameda, CA
$15,988$12,329mileage 2,014->63,000: -3,659Nov 01 07:22
2015 BMW 428i gran coupe xdrive awd/4wd
? mi · private · facebook · Wilsonville, OR
$13,999$13,083year 2015->2014: x0.93Oct 31 07:17
2015 BMW 428i gran coupe
? mi · private · facebook · Las Vegas, NV
$12,900$12,056year 2015->2014: x0.93Oct 27 07:10

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One per line: year make model | mileage | price | site | url. Example: 2019 Toyota Tacoma | 68,000 | $26,900 | Cars.com dealer | https://...

Net outcome

ConservativeExpectedOptimistic
Resale$9,112$9,904$10,499
Net profit / loss$-12,199$-11,407$-10,812
Return on cash-57.6% (-38.4%/yr)-53.9% (-35.9%/yr)-51.1% (-34.1%/yr)

Cost lines (total $21,311, cash invested $21,161)

purchase price$16,988
sales tax$1,593
registration title$350
inspection$150
immediate repairs$1,000
holding costs$1,080
financing interest$0
selling prep$150
selling fees$0

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Description

63K miles · Dealership