Join Date: Sep 2012
Location: St. Catharines, Ontario
I've been extensive research and noticed the following trends:
M6 GXP's - all dealer prices (not current asking - but sold prices)
10k-20k miles typically sell immediately $31k-31,500
20k-30k miles $30k-32,000
30-50k miles $27k-30,000
50-70k+ miles $23k-26,000
I have noticed alot of sellers starting out at $31k+ and slowly dropping and typically selling in the ranges above. Higher mile vehicles are typically not selling (usually 2 owners)
This is a niche market and there are exceptions - single owners, dealer maintenance records, extended warranties, location, and stock vehicles sell for slightly more
I've noticed many California vehicles being sold - this is due to the new emission regulations forcing many people to register their vehicles as a business car from Montana.
This could be a reason why the vehicles have been selling for slightly less.