How do I value a high-mileage car?

Illustration for article titled How do I value a high-mileage car?

My dad is getting ready to sell his 2009 BMW 328i (not the one above, but just like it). I want to buy it. The challenge is that it has 350,000 km (217,000 miles) and as far as I can find, it’s likely the highest mileage e90 for sale in the province of Ontario. I’ve tried to use math to estimate the value based on current AutoTrader listings, but since most of those are lower mileage, auto and Xdrive, it’s all over. The range I’ve found is between $2900-7500 using different Excel patterns.


How do you find its value?

Things are further complicated by the fact that it needs 1 new ignition coil, rear brakes and 4 new tires.

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