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Why My Electric Car Is So Hard To Sell

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Right now I’m selling an awesome electric car for an insanely good price, and yet nobody wants it for complicated reasons that really only apply to electric cars. Here, allow me to explain.

Back in the spring of 2023, I bought the cheapest BMW i3 for sale (by a dealer) in the country: A dark gray 2014 model with 135,000 miles on the clock for $10,500. For a carbon fiber car with a world-class interior, backup camera, self-parallel-parking feature, and an extremely good quality build, I thought it was a fantastic deal.

Vidframe Min Top
Vidframe Min Bottom

But the deal just got better. Because the California Air Resources Board requires all hybrids to have batteries covered for 10 years, 100,000 miles, BMW actually replaced my high voltage battery (which had dropped below the 70% state-of-health threshold) absolutely free. So now I have a fantastic range-extended electric car with a brand new battery, and I only paid $10,500. Over the past year, I’ve fallen in love with the i3, so much so that I subsequently decided to buy the ultimate version of the car, a 2021 i3S Giga World.

But it gets better. Now I’m having my car’s AC compressor replaced, also thanks to that CARB warranty, meaning the two major failure points on the BMW i3 are brand new. My i3 is basically a brand new car if you consider the value of the new components compared to the value of other wear components on a 145,000 miles vehicle, and if you get in and drive my i3, you’ll see that it feels like a new car, too.

Of course, now it’s time to sell the car (since I don’t need two i3s), and the process has been… different. Certainly different that I’m used to, as I’ve had to navigate some things that just don’t apply to ICE-powered vehicles.

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Obviously, selling the car for the same price that I bought a 135,000 mile i3 with an old battery and compressor seems a bit silly. Yes, a year has elapsed and EV values have crashed, but the car has clearly gained value. And if you look at other i3s on the market, you’d conclude that, too.

It’s All About Mileage

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The issue is trying to communicate that to buyers for whom EVs are a new concept. The average American car-buyer looks at a car’s miles and uses that to assess condition (I do to a certain degree, as well). My i3 has 145,000 miles on it, so the average consumer naturally thinks: “Uh, there are 10 i3s with half as many miles for less money; why would I buy that one?”

The answer, to us car enthusiasts, is obvious: A new high-voltage battery is a huge deal. And a huge compressor is also a huge deal. Those combined obviously outweigh the benefits of having 70,000 fewer miles on the suspension and brakes. Especially since it’s not clear that my 145,000 mile car is going to have more suspension/brake issues than a 70,000 mile car.

But impressing this upon buyers has been a challenge. Getting folks away from the “miles are everything” mindset that they’re used to is just not going to happen because there was really never an equivalent before. Even selling a car with a brand new engine isn’t quite the same, since ICE cars have complex drivetrains that wear out with miles. With EVs, drivetrains are simple, so a new battery really goes a long way towards refreshing a car.

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To be sure, miles don’t not matter; if all things are equal, they tend to indicate wear of certain components like suspension and steering and brake parts, plus they also are used to stand in as a representation of how much time the car was in service. And since time tends to degrade things like blower motors and other long-term-wear parts, miles are no doubt a worthy part of the “what condition is this car in” calculus.

But clearly a car with 145,000 miles and a new $30,000 battery and $5000 compressor is a better buy than a car with even 50,000 miles on a worn out battery and a compressor that can kill the whole car any second. But that’s a hard thing to impart upon someone, especially when cars tend to be valued by major valuation entities by mileage on the odometer.

But is is not my only issue.

Things Are Complicated: Tax Credit

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The lack of understanding when it comes to the sheer value of a new battery/compressor is among my primary problems, but arguably as problematic is the way the government has set up the used EV tax rebate. It really, really hurts my sale prospects.

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You see, an electric vehicle’s eligibility for the used EV tax credit (which is 30% of the sale price up to $4000) does not depend upon whether or not the vehicle has been used for the credit previously. My BMW i3, for example, has almost certainly never been used to receive a used vehicle tax credit because I’m fairly sure I’m the second owner.

And yet, I cannot offer a buyer the used EV rebate because of this unfortunate rule:

To qualify, a vehicle must meet all of these requirements:

  • Have a sale price of $25,000 or less. Sale price includes all dealer-imposed costs or fees not required by law. It doesn’t include costs or fees required by law, such as taxes or title and registration fees.
  • Have a model year at least 2 years earlier than the calendar year when you buy it. For example, a vehicle purchased in 2023 would need a model year of 2021 or older.
  • Not have already been transferred after August 16, 2022 to a qualified buyer.
  • Have a gross vehicle weight rating of less than 14,000 pounds
  • Be an eligible FCV or plug-in EV with a battery capacity of least 7 kilowatt hours
  • Be for use primarily in the United States

The bold print above may lead you to think “oh, it says qualified buyer, and you weren’t qualified for the rebate when you bought it.” Unfortunately, “qualified buyer” basically just means any buyer. And since I bought my car in April of 2023 (eight months after that August 16 date), the car is no longer eligible for a used EV rebate. Ever.

This is a huge issue when trying to resell an electric car. Why buy my i3 at my $12,000 asking price (or even at my own purchase price of $10,500, which is what I listed it at before the compressor went in) when you could just try to find a $15,000 later model and knock off $4,000? You basically get a $15,000 car for $11,000 instead of a $12,000 car for $12,000.

But there’s more.

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Things Are Complicated: CARB Warranty

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But there’s more to my plight here beyond just struggling to get buyers to understand how big of a deal a new battery/compressor is, and beyond being unable to offer buyers that tax rebate. To people who live in CARB states, my new compressor may not actually be a huge selling point.

The battery is still a huge deal, and who knows, maybe an educated buyer will understand that and buy the car for 12G’s (it is likely the cheapest, loaded Giga-World i3 with a guaranteed good battery in the country). But here’s the thing: If a CARB-state buyer picks up a BMW i3 with significantly under 150,000 miles on the odometer, they really don’t have to worry about the compressor. At least, not for a while.

That’s because the compressor — in CARB states — is covered by a 15 year, 150,000 mile warranty. My i3 will be out of warranty in 5,000 miles; if someone were to buy the aforementioned hypothetical 75,000 mile BMW i3 for less than my i3, they can be comfortable knowing that if their compressor goes bad, BMW will cover it until their car is 15 years old or has 150,000 miles on the clock. Their battery, too, has a 10 year warranty, so if a buyer picks up a 2015 or 2016, they could theoretically get a new battery should theirs fail.

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But see, that’s a big if.

If a buyer were to pick up, say, a 2016 BMW i3 for $9,000, they’d be thrilled that they got a newer car with way fewer miles for $3,000 less than my car. But there’s a good chance their battery will not drop below the 70% threshold by year 10, and there’s a chance that compressor will hang on for 15 years.

We’ll ignore the compressor/15 year warranty since that’s six or seven years out, and buyers don’t care about that. But the battery thing is a big deal. When that 10 year-warranty passes in the next year or two, the buyer could be stuck with a car that has a 75% battery state of health. With my car, instead of driving a vehicle with an eight year-old battery that has 75,000 miles on it and probably an 85% state-of-health, you get a brand new battery. And if you’re worried about the 145,000 miles spelling the end of that 15/150 warranty, never fear, for the compressor is brand new.

My i3 Is A Great Deal To A Very Specific Customer. Very Specific.

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So here’s the thing: Yes, it’s hard to convince buyers how valuable a good battery and compressor are; and yes it’s gonna be tough to sell the car at $12 grand given that it’s not eligible for the used EV rebate; and yes, CARB-state customers are going to say their car is still in warranty anyway.

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But to a very specific customer, my 145,000 mile BMW i3 perfect. But that customer is very, very specific.

BMW i3 customers are already rare given that it’s a relatively low-range small car in a country that loves big trucks, has range anxiety, and is overrun by increasingly-cheaper Teslas with more range. But even among those folks looking specifically for i3s, I need to find a customer who a) Doesn’t live in California and b) Isn’t eligible for the IRA rebate.

For example, imagine a single person making over $75,000 AGI (or perhaps they already took a used EV credit within the past three years) and living in, say, Texas, looking for a budget-friend i3 for commuting from a suburban ranch to a workplace in town. If this person wanted a loaded i3 Giga World with a guaranteed good battery, they’d have to buy a 2017+ i3, since the 2017s had great batteries that degrade minimally. But then they’d still have the concern about the compressor; if it goes out, they could be legitimately hosed.

For this out-of-stater who doesn’t have the security of the CARB warranty and who also isn’t looking for an IRA rebate-eligible i3, then you could argue my i3 is the best deal in the country. But my god is this a ridiculously specific person I’m looking for.

Yikes.

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Anyway, I just thought I’d share that, since some of these issues are ones I’ve never had before when selling ICE cars. There was no IRA rebate to factor in, there was no ridiculously long CARB warranty, there wasn’t a massive knowledge gap in the general public about EVs.

Maybe I just need to be patient, or maybe I just keep the gray car and let the Grail go. If it’s between that and letting a perfectly good i3 go for a song, the cheap bastard in me will probably win out…

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Permanentwaif
Permanentwaif
30 seconds ago

David, one aspect of this is that the EV market and the entire car market has changed considerably in the last 2-3 years. Today hybrids are hot, more than what they were a few years ago. Similarly EVs have cooled down. Supply shortages and pandemic pricing is now over and the days you can score selling your used car is mostly done. I’m not at all in the i3 market but have you considered that you bought in that Covid bubble? $10.5k for an i3 with a degraded battery and 135k miles seems a bit high? Again, not in that market so I don’t know but I personally wouldn’t have done that deal.

I picked up a pristine rust free NA Miata with 55k miles a month into the pandemic for $5k and at the peak people were selling them over 10k easily. Today I probably wouldn’t expect to get that much myself. But I don’t care because I love the car and enjoy it for what it is.

Think about it David, you got over a year out of it, put on an extra 10k miles and the person who gets it next will be the third owner of a i3 with close to 150k miles. Someone like that would really need to love the car and drive it for the next 10 years because no way in hell will be able to resell it again for close to $12k. Personally if I could get 10.5k from the deal that would be fine.

FloorMatt
FloorMatt
41 seconds ago

Counterpoint: The value of this car was always as a kind of fashion accessory, and that particular fashion is long dead. The ones that exist are being traded amongst a shrinking population of people who remain excited about them. Anybody who is buying a car for function, value, convenience, resale ease or value, is not getting anywhere near a ten year old BMW technology dead-end that has already needed 2 shockingly expensive repairs, has a reputation for high upkeep costs, and has no performance chops. Especially not for a solid 5 figures and more than previous sale. Like the guy trying to flip Mercedes’ financial death trap Phaeton at a profit, you’re trying to sell this to yourself, but even you don’t want it anymore.

Framed
Framed
32 minutes ago

Great article and vigorous comments! I think David is searching for Mr. Spock (someone who can evaluate the purchase with cold logic) who also lives in non-CARB state and is not eligible for the EV tax rebate. Unfortunately for him I think logic-driven people are not attracted to brands with slogans like “Sheer Driving Pleasure” and “The Ultimate Driving Machine.”

MazdaLove
MazdaLove
49 minutes ago

The $10,000-15,000 price range is a tough one. For just a few thousand more you can get a much newer car. And the 145000+ mileage is even worse. All my car searches avoid these parameters. As someone who does almost all my own repair work, a top consideration is ease of repair. Any used electric car spooks me on repair grounds alone. I am curious how the i3 rates on repairability, as well as cost of insurance?

AllCattleNoHat
AllCattleNoHat
1 hour ago

It’s far harder to make money on a car you bought for real money than one you bought for scrap value.

It is also possible that even though it may have been the cheapest i3 in existence when you bought it, you perhaps may have still spent (far?) more than you might have or perhaps should have as far as the market itself is concerned. To put the bad battery sort of in ICE car terms, a car being sold with a nonfunctioning transmission to most people is worth zero, not its actual value minus the cost of a transmission – even if it’s a warranty repair they will almost 100/100 times buy a functioning car instead of the temporarily dead one at a big discount.

The AC compressor thing is another reason to just walk away from ANY i3, even if it has been replaced it could die again and if it’s that big a deal in general keeps people away from the cars altogether. Just like IMS bearings in Porsche 996/986, automatic transmissions in Chrysler minivans and older Odysseys, and for you, timing belts.

Whoever sold the i3 to you is seeing parallels to Mercedes’ story from the other day! 🙂 (I know, I know, just kidding!)

H T
H T
1 hour ago

This has really got me thinking about the difference between high-mileage, older ICE cars vs. EVs.

Consider the same situation: 10 years old, 145K, but an ICE vehicle with new engine instead of EV with new battery. I think the EV is considerably more valuable. I think I run screaming from the engine swapped ICE.

Great, thoughtful article, thank you David. I don’t understand why you’re getting some of the flak you are getting here in the comments.

Also, as Usernametaken said, you may want to just take a bath on this one. You have to value your time and effort in selling things.

Vic Vinegar
Vic Vinegar
1 hour ago

I’d imagine quite a few people in Southern California exceed the income limit for the tax credit, but are hardly “wealthy”. So you might just need to price the car right. I know I’ve looked at used EVs, and every dealer is inflating them and then advertising with the tax credit I don’t qualify for.

Plus, you’re selling a BMW EV, I don’t think lower income people typically consider them an option. Maybe if it was a 144k mile 328i that someone could put //M badges on to pretend they have something else. Can’t play pretend M car with an i3.

667
667
1 hour ago

Use batteries and motor for an engine swap project, it’s new component with fair performance, for a sweet price.
Part the rest of it and either sell or use as spare for the future of your other car.
Problems solved.

FG
FG
1 hour ago
Reply to  667

Parting out a $10-11K car just because you can’t get an extra $1-2K for it is…probably not the best of advice. But battery-swapping it with the grail (if that’s even possible) and then selling what’s left for $7-8K might actually not be so terrible.

Fuzzyweis
Fuzzyweis
1 hour ago

I’m right there with you with my 2017 Bolt with a 2 year old battery with MORE capacity than when new due to the recall. The market for used evs, similar to new EVs, has tanked.

But unlike you I don’t have an identical premier Bolt sitting in the driveway so I’m considering just hanging on to it as what it’s worth to me as an EV with over 250 miles of range and 0-60 less than 7 seconds, carplay, and ice cold ac is definitely with more than $10k

Fuzzyweis
Fuzzyweis
45 minutes ago
Reply to  David Tracy

That’s the point, I don’t think the market differentiates EVs with replaced batteries or not, there’s newer Bolts that didn’t get replacements but less miles so are with more.

MazdaLove
MazdaLove
1 hour ago

It is an “ok” deal, and were I in your area I might be your buyer. The problem with your car is the same as my high mileage car . . . Lots of little problems are about to creep up. What will fail next, and how much will it cost? Wheel bearings? Tires (a known problem)? Electrics? Other HVAC components? Suspension? And how available will these parts be? These issues are what would keep me from buying your car, or any BMW product. Fear of loss is greater than desire for gain.

I was recently in the market for a new car with $12,000 in my pocket. After months of scouring the used car underbelly of the interweb, the best deal I could come up with, balancing age, mileage, condition, value, and personality was a 2003 Miata with 32000 miles and a manual trans. Money well spent.

Last edited 1 hour ago by MazdaLove
FG
FG
1 hour ago
Reply to  MazdaLove

Even putting aside its 22 years on this Earth, that is a HELL of a deal.

FG
FG
1 hour ago
Reply to  FG

Damn it, now I’m looking at used Miatas and there’s an ’06 Sport with a stick and 35K miles available for $13K 2 hours away…

Last edited 1 hour ago by FG
MazdaLove
MazdaLove
1 hour ago
Reply to  FG

At this point, it is one of the few appreciating assets aside from precious metals and property. And fun, too.

FG
FG
1 hour ago
Reply to  MazdaLove

If it was a hardtop and not gray, I might just have convinced myself to do it.

Curtis Loew
Curtis Loew
1 hour ago

Black book retail in extra clean condition is $10,700. Clean retail is 9k. Those are dealer prices. Private partyis less. Clean trade in is $5k. Nobody is ever going to pay 12k for this car. Getting $10,500 private party would be a miracle. Real world it should sell for 7 or 8k. Average buyers could care less what you had replaced under warranty.

Ineffable
Ineffable
2 hours ago

10.5 is a deal for this car! where’s the link? Perfect for my mom in Austin you did say delivery included?

FG
FG
1 hour ago
Reply to  Ineffable

10.5 is also not the price he’s selling it for. Which only underscores a number of points I made below.

Ineffable
Ineffable
1 hour ago
Reply to  FG

oops. 12 still sounds good but less excited.

Double Wide Harvey Park
Double Wide Harvey Park
2 hours ago

DT: “I know what I have.”

Double Wide Harvey Park
Double Wide Harvey Park
2 hours ago
Reply to  David Tracy

Lol

Hoonicus
Hoonicus
1 hour ago
Reply to  David Tracy

That link hurt me. I know people do stupid destructive things, but I don’t watch them.

Dead Elvis, Inc.
Dead Elvis, Inc.
22 minutes ago
Reply to  David Tracy

What a maroon!

(not you)

Rad Barchetta
Rad Barchetta
2 hours ago

I feel like I read a somewhat related story recently right here on this very website!

https://www.theautopian.com/more-than-60-of-recent-car-buyers-think-their-car-is-worth-more-than-it-is-study/

Double Wide Harvey Park
Double Wide Harvey Park
2 hours ago
Reply to  David Tracy

Maybe add “celebrity-owned” to the listing?

MazdaLove
MazdaLove
1 hour ago

Like “John” Voight’s LeBaron!!

Last edited 1 hour ago by MazdaLove
Rad Barchetta
Rad Barchetta
1 hour ago
Reply to  David Tracy

I think you pointed out lots of reasons why your local market doesn’t care. If as you say, your ideal buyer at that price is that guy or gal in Texas, it could be a while before that person shows up. How long do you want to wait? Even 9k could buy you a nice honeymoon…

John S
John S
2 hours ago

I swear reading this felt like it went in circles at least three times to hit a word count.

It’s an old car that most people won’t understand, that from a buyer’s perspective looks to have had heaps of issues that could indicate a continuation of the same.

Also, the market doesn’t underrate, sellers overrate.

Siri’s AI summarises it quite well:

“The author is struggling to sell their electric BMW i3 due to its high mileage and the lack of understanding among buyers about the value of a new battery and compressor.

The used EV tax credit and CARB warranty also complicate the sale, as the car is not eligible for the rebate and the compressor warranty is not as valuable in CARB states.

The author is seeking a specific customer who is not eligible for the IRA rebate and lives outside of California, as this customer would recognize the value of the car’s new components.”

Last edited 2 hours ago by John S
FG
FG
2 hours ago

“Hey, buy my car for more than what I paid for it because I did a bunch of things to it that you could have done just as well, instead of a car that’s newer, has far fewer miles and might also have had the same things done to it. Why won’t you just give me more money?!”

That about sum it up? Self-serving much?

Cars are a depreciating asset and none of the work you’ve done to your car will ever translate into its final selling price. As an ex-Jalop guy I figured you’d be well-versed in these truths, no matter what Covidnomics might have convinced you of.

Last edited 2 hours ago by FG
FG
FG
2 hours ago
Reply to  David Tracy

The reason I’m upset is that it’s exactly the people with attitudes such as yours that have ruined the used car market.

>>>It compares it to cars that are roughly the same age but with fewer miles, but that have a 10-year old degraded battery.

How do you know the vehicles you’re assuming to have a 10-year-old degraded battery actually have a 10-year-old degraded battery?

>>>The point is that, even though an extremely expensive component has been replaced (a battery), the average person doesn’t necessarily see the value in it.

Of course, they don’t. Just like people don’t see the value in vehicles that have had their engine or transmission rebuilt from all the “195K miles on chassis, just 50K on powertrain!” ads. And they especially don’t see the value in it because you didn’t actually pay for it, but want them to.

The answer to the title question is very simple: “The reason my electric car is hard to sell is that I’ve deluded myself into thinking it’s worth more than it actually is worth and I’m holding out for a unicorn buyer who may not ever exist.” List that thing for $8K and it will be gone tomorrow.

Last edited 2 hours ago by FG
FG
FG
1 hour ago
Reply to  David Tracy

Because if the battery were new, it’d be in the listing. And if it isn’t mentioned, it’s not really relevant to this conversation.

Or not. Maybe by a private party, but dealerships are notorious for omitting most things that aren’t a basic description. Hell, I’ve had a dealership once tout turn signal repeaters as a major selling point of a 2019 Rabbit. Point is, the simple fact you’ve had a battery replaced doesn’t mean someone can’t buy a similar i3 with fewer miles (or even a more recent model year) that fits under the same program and have it replaced, as well. I just looked on Cargurus and yours would be the highest-mileage i3 currently for sale in the country, while the second-highest is currently listed for $8K. People buy cars on perceived value and the main drivers of that perceived value are mileage, cleanliness of title and what other people are paying for similar cars, not the amount of work they’ve had done.

But a $30,000 battery and a $5000 compressor isn’t the same as a rebuilt motor. Or at least, not necessarily.

For a layperson who just wants a car to drive and has no idea what an ICE engine costs to rebuild? They wouldn’t know where to start looking to see that value. Furthermore, when someone sees a major component rebuild, they start asking questions about other things that are about to go kaboom that haven’t been addressed yet. If anything, psychologically, it actually brings the value down, no matter how counterproductive it may sound to you. People don’t want fixer-uppers when paying top dollar (even if someone else has done some or all of the fixer-upping), they want turnkey.

I don’t think I understand this. I took a risk and bought a run-down i3 for dirt cheap. It was cheap because it had so little range. Now the car has great range, and should be worth more, no?

As you’re finding out – no. (Also, $10.5K is hardly dirt cheap – or, if it is, today’s market prices vs. when you bought it even further underscore my point.) It’s just a more extreme version of the Focus RS head gasket recall. The simple fact one has had it performed doesn’t make it somehow more valuable. And the simple fact you’re known in the community (which means people know what you’ve paid for it) makes it that much less likely they’ll pay more than you spent on it. In fact, had you been Joe Schmo who doesn’t work for The Autopian and didn’t write a highly-cited article about it, rather than David Tracy, you might have had more of a shout. It’s simple psychology – people don’t like paying premiums, no matter the added value.

I wasn’t going to say it, but someone else beat me to it – this entire exercise reeks of “I know what I’ve got”. You can tell me better than anyone how well those tend to make out.

Last edited 1 hour ago by FG
FG
FG
1 hour ago
Reply to  FG

Case in point: there are 19 REX i3s currently for sale in the country under $13K. The lowest mileage one of them is a 2016 model with just under 40K on the clock. Granted, its battery might not be at 100%, but it (a) is likely eligible for the same warranty and (b) has an over 100K mile advantage vs. yours on other wear and tear components.

FG
FG
1 hour ago
Reply to  David Tracy

I’m very, very familiar with the i3 market (I check it daily). Mine will probably sell for somewhere around $10-11 if I had to guess.

Are you? The questions you’re asking in this article might convince the reader otherwise…

FG
FG
1 hour ago
Reply to  David Tracy

This story discusses the state of the i3 market, as I’m an expert on it.

Any man who must say, “I am the King“, is no true king.

FG
FG
1 hour ago
Reply to  David Tracy

I address this in the article, but it’s just not true. The likelihood if it being below 70% is low.

Then…there is no problem? Or did you seriously think someone would value the extra 15% or so as much as you think they should?

For ICE cars, it’s very true. I’m finding out it’s true for EVs as well. That’s one of the main points of the article.

Yours isn’t a true EV, though, which adds another few components to potentially break on a car that already had a few major bits replaced. I don’t think the average used car buyer is sophisticated enough to be able to tell the difference between propulsion methods in used cars that have had major drivetrain work done – which, like you’ve said, is what you’re finding out now.

The new battery probably only adds a grand or two to the value of the car despite it being worth over $20G’s. I found that interesting. You apparently did not. lol.

But does it, really? If you truly end up selling yours for $10-11K as you’re saying, where’s that value add?

But no need to be bent out of shape! I’m asking an extra $1500 for $35,000 worth of repairs; hardly a big deal! And hey, looks like I won’t get it, anyway!

Honestly, you just triggered what for a lot of people in the automotive space has been a hugely sore spot for going on four years now. And I’m saying this as the dumbass who bought his Volvo C30 for $5K pre-Covid and sold it for a 50% premium (vs. purchase price) in 2021. Sure, I’d put around $3K worth of work into it (the fuel pump and timing belt alone were half that and those actually truly were value-adds, because I had spent the money the buyer would otherwise have had to, in very short order), but nobody cared about that. What they did care about was that the next similar C30 was 1500K miles away and cost $1500 more.

Last edited 1 hour ago by FG
John S
John S
1 hour ago
Reply to  David Tracy

When did the value of the battery go from $20k to $30k??

This deal just keeps getting BETTER.

D-dub
D-dub
1 hour ago
Reply to  David Tracy

I’ve made money on every car I’ve ever owned.

Is that what’s going on here? Are you fighting the reality of the market to keep the streak going?

FG
FG
1 hour ago
Reply to  David Tracy

I’ve made money on every car I’ve ever owned. And it was BECAUSE of the work I’ve done to each of them.

Missed this somehow. But there’s a difference to buying a $500 non-running shitbox and selling it for $1500 after you actually manage to get it moving (by the way, have you ever actually made enough money to cover the parts and labor invested, not just selling the cars for more than you bought them?) and buying a car for five figures, making repairs under warranty (that the buyer doesn’t see as valuable because they could do the same thing – for free) and trying to pocket a premium for it a year on.

Usernametaken
Usernametaken
2 hours ago

David, you’re getting married, there is a life lesson you need to learn:

Sometimes you need to take a bath.

Whether on a car or your carapace, sometimes you’re going to find yourself in a position where taking a bath is just going to be what happens and it’s best to accept it and move on.

1978fiatspyderfan
1978fiatspyderfan
2 hours ago

David you need to consider the car fax. Replaced battery replaced compressor now you are selling a car with problems. Too many problems. You do not show your ad. Does it explain why so many repairs were done or does the possible buyer see a lot of repairs money pit?

Brandon Forbes
Brandon Forbes
1 hour ago
Reply to  David Tracy

Yes, but the point is that if I see an ad for a car that’s needed a crap ton of work in the last year, I will often assume that car is or was in poor shape and that’s why it needed all the work. If it’s needed $25k in repairs in the last year, what’s up next? Given the background we know on this car, probably nothing. But to someone on the street who hasn’t read a dozen articles on this car, it’s a red flag.

Vic Vinegar
Vic Vinegar
1 hour ago

Right. Maybe if he weren’t selling it again so quickly, but to me this would reek of someone getting rid of a problem.

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