What to do with the 09 Z4...

MDLFCS · 09-17-2010, 08:35 PM

I am moving into an apartment with no garage, but there would be open outdoor parking for two of my cars...

I have one year old '09 Z4 with 2700 miles and '05 Escalade EXT AWD with 25K miles.

I have a loan with Z4. Refinanced at $100 off a month with lower interest rate.

No loan with Escalade.

I could...

1. Sell the Z4 (Tough in Alaska, nearing to Winter...No hits on CL during Spring and Summer). Tried surveying the local German car forum, but no hits so far.

2. Put the Z4 in a unheated indoor storage for about $175/mo. with a indoor car cover for the winter.

3. Put the winter tires on and drive bravely with stock suspension. (I have 19" Performance wheels with RFTs with M-Suspension package)

3. Somehow put on a lift kit to bring up the the height where I can clear the snow and ice with the winter tires.

4. Trade the car in and lose half of the value. The car was MRSP at 65K. Trade in ranges from $31K to $33K.

5. Slap on the outdoor car cover and disconnect the battery. Or I have to see if I can get an extension cord to have a trickle charger hooked up to the Z4 outside.

6. Trade both the Z4 and the Escalade EXT. The Z4 is worth $31-33K at trade-in and the Escalade between $21K-23K. Then, get a new vehicle that has a high ground clearance and comfortable like the Escalade EXT with the 4-corner air ride suspension. I prefer the AWD over Auto-4X4 for the smooth ride.

I would appreciate your opinion about this.

Thanks much!

AllydNYC · 09-17-2010, 09:24 PM

I know it's the most obvious one, but I would go with 2 or possibly 5. As long as it doesn't put too much strain on your wallet. I think it's ridiculous to "give it away" for 31k. I would be pissed off knowing someone got one for that cheap. Is there any reason you can't move into an apartment that does have a garage?

JayKay335i · 09-17-2010, 11:49 PM

Leave it outside. Disconnect the battery and bring it inside or leave it outside. Start the car up for a little bit every couple weeks.

We leave an 85 911 targa outside all winter with a cover on. No harm no foul. Just drive it when theres no snow (which is probably never in alaska during the winter).

radix · 09-17-2010, 11:58 PM

Are you upside down on the loan? It's hard to recommend a course of action without knowing where you stand with the loan.

MisterSkiMask · 09-18-2010, 01:08 AM

According to KBB your car is worth a lot more down in the lower 48. Like 10,000 more then you are looking at. Talk to a dealer/broker about buying it wholesale then ship down here, You'll walk with 5,000 to 8,000 more.

lopealle · 09-18-2010, 01:39 AM

Quote:

Originally Posted by AllydNYC

I know it's the most obvious one, but I would go with 2 or possibly 5. As long as it doesn't put too much strain on your wallet. I think it's ridiculous to "give it away" for 31k. I would be pissed off knowing someone got one for that cheap. Is there any reason you can't move into an apartment that does have a garage?

+1

MDLFCS · 09-20-2010, 11:58 AM

High real estate prices here in Alaska, a decent apartment with a garage runs from at least $1500-$2000 a month...

Hardly any foreclosures here because the economy is isolated from the Continental U.S due to geography....

The cost of living here is high, but you have healthy job market as well as good pay...

I am not willing to pay that much for an apartment where I could get a mortgage for the same...

Thanks folks! I will keep your suggestions in mind...

09-17-2010, 08:35 PM	#1
MDLFCS Private First Class 14 Rep 168 Posts Drives: 2009 Zee Four 35i Join Date: Oct 2009 Location: Alaska iTrader: (0)	What to do with the 09 Z4... I am moving into an apartment with no garage, but there would be open outdoor parking for two of my cars... I have one year old '09 Z4 with 2700 miles and '05 Escalade EXT AWD with 25K miles. I have a loan with Z4. Refinanced at $100 off a month with lower interest rate. No loan with Escalade. I could... 1. Sell the Z4 (Tough in Alaska, nearing to Winter...No hits on CL during Spring and Summer). Tried surveying the local German car forum, but no hits so far. 2. Put the Z4 in a unheated indoor storage for about $175/mo. with a indoor car cover for the winter. 3. Put the winter tires on and drive bravely with stock suspension. (I have 19" Performance wheels with RFTs with M-Suspension package) 3. Somehow put on a lift kit to bring up the the height where I can clear the snow and ice with the winter tires. 4. Trade the car in and lose half of the value. The car was MRSP at 65K. Trade in ranges from $31K to $33K. 5. Slap on the outdoor car cover and disconnect the battery. Or I have to see if I can get an extension cord to have a trickle charger hooked up to the Z4 outside. 6. Trade both the Z4 and the Escalade EXT. The Z4 is worth $31-33K at trade-in and the Escalade between $21K-23K. Then, get a new vehicle that has a high ground clearance and comfortable like the Escalade EXT with the 4-corner air ride suspension. I prefer the AWD over Auto-4X4 for the smooth ride. I would appreciate your opinion about this. Thanks much!
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09-17-2010, 09:24 PM	#2
AllydNYC Loading... 359 Rep 2,187 Posts Drives: 91' E30 318is Join Date: Apr 2008 Location: Location iTrader: (15) Garage List 1991 BMW 318is [0.00]	I know it's the most obvious one, but I would go with 2 or possibly 5. As long as it doesn't put too much strain on your wallet. I think it's ridiculous to "give it away" for 31k. I would be pissed off knowing someone got one for that cheap. Is there any reason you can't move into an apartment that does have a garage? Last edited by AllydNYC; 09-18-2010 at 01:11 AM..
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09-17-2010, 11:49 PM	#3
JayKay335i Banned 198 Rep 5,046 Posts Drives: ///M323 DCT Join Date: Apr 2009 Location: North Dakota; its best DUHHHHHH iTrader: (1)	Leave it outside. Disconnect the battery and bring it inside or leave it outside. Start the car up for a little bit every couple weeks. We leave an 85 911 targa outside all winter with a cover on. No harm no foul. Just drive it when theres no snow (which is probably never in alaska during the winter).
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09-17-2010, 11:58 PM	#4
radix you know he kills little girls like you 398 Rep 892 Posts Drives: - Join Date: Feb 2008 Location: - iTrader: (0)	Are you upside down on the loan? It's hard to recommend a course of action without knowing where you stand with the loan.
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09-18-2010, 01:08 AM	#5
MisterSkiMask Banned 149 Rep 2,014 Posts Drives: I Can not say Join Date: Nov 2005 Location: you must not know iTrader: (0)	According to KBB your car is worth a lot more down in the lower 48. Like 10,000 more then you are looking at. Talk to a dealer/broker about buying it wholesale then ship down here, You'll walk with 5,000 to 8,000 more.
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09-20-2010, 11:58 AM	#7
MDLFCS Private First Class 14 Rep 168 Posts Drives: 2009 Zee Four 35i Join Date: Oct 2009 Location: Alaska iTrader: (0)	High real estate prices here in Alaska, a decent apartment with a garage runs from at least $1500-$2000 a month... Hardly any foreclosures here because the economy is isolated from the Continental U.S due to geography.... The cost of living here is high, but you have healthy job market as well as good pay... I am not willing to pay that much for an apartment where I could get a mortgage for the same... Thanks folks! I will keep your suggestions in mind...
	Appreciate 0 Quote