Surprised with falling E89 used values

[mr wilks]

http://www.gumtree.com/p/bmw/2009-09-bm ... 1115350931

No sat nav and 45k miles at £15.5 for a 2009

http://www.gumtree.com/p/bmw/2011-bmw-z ... 1114754892

No Sat nav and 51k miles at £20k for a 2011

http://www.gumtree.com/p/bmw/bmw-z4-hig ... 1113688109

No Sat nav and 28k Miles at £17250 for a 2011

Just looking through gumtree - id say those prices are not so low....

I paid £15k for a 23i with sat nav and 19" alloys over a year and a half ago... from a jaguar dealer with a years warranty.

Even with the seasonal upsweep of convertible prices there are still cheap E89s around if you arent mega fussy on spec/trim level
http://www.autotrader.co.uk/classified/ ... ew/channel
/cars?logcode=p

or a auto with nav for not much more

http://www.autotrader.co.uk/classified/ ... ?logcode=p

[jamesbond]

Hi

For example ... My 35is drive fully loaded had a list price of £52k .. I paid £38k new with discounts

The car is 5 months old and I had a offer of £32k (don't panic not selling) .. but on the plus side we get to purchase these cars new at a good price in the 1st place ..

regards

[Angie4m]

http://www.gumtree.com/p/bmw/2009-09-bm ... 1115350931

No sat nav and 45k miles at £15.5 for a 2009

http://www.gumtree.com/p/bmw/2011-bmw-z ... 1114754892

No Sat nav and 51k miles at £20k for a 2011

http://www.gumtree.com/p/bmw/bmw-z4-hig ... 1113688109

No Sat nav and 28k Miles at £17250 for a 2011

Just looking through gumtree - id say those prices are not so low....

I paid £15k for a 23i with sat nav and 19" alloys over a year and a half ago... from a jaguar dealer with a years warranty.

Ooft! And all on Gumtree. I'm sure there are some real gems on there but there always seem to be a lot of Kak and I'm always wary of someone who doesn't want to spend money on an advert on somewhere like Auto Trader

[Angie4m]

Hi

For example ... My 35is drive fully loaded had a list price of £52k .. I paid £38k new with discounts

The car is 5 months old and I had a offer of £32k (don't panic not selling) .. but on the plus side we get to purchase these cars new at a good price in the 1st place ..

regards

You also need to remember that it's only in the past year that been the case. Others have paid top dollar even in the months preceding the discounts. You've been fortunate to buy whilst the discounts have and are still being applied.

[Nanu]

Hi

For example ... My 35is drive fully loaded had a list price of £52k .. I paid £38k new with discounts

The car is 5 months old and I had a offer of £32k (don't panic not selling) .. but on the plus side we get to purchase these cars new at a good price in the 1st place ..

regards

You also need to remember that it's only in the past year that been the case. Others have paid top dollar even in the months preceding the discounts. You've been fortunate to buy whilst the discounts have and are still being applied.

All but the biggest dealers will sell you a new Zed and pre register it with the garage and pass the full VAT saving onto the customer which of course they claim back. This means a saving of 20% on a new car so no wonder the prices of second hand ones are dropping. I would never buy a new car any other way now having bought my last two like that

[ronk]

Low dealer price is all good - but it probably also reflects on any trade in price?

[Angie4m]

Low dealer price is all good - but it probably also reflects on any trade in price?

But there will be some who on paper it says it was a list price of say £52k but they paid £32k and then they are offered 15-17k for it after a couple/few years and are like wtf that's a £52k car completely disregarding how much they actually paid for it. I've seen that happen a lot with people who bought cheap E90s which were heavily discounted.

Then there will be others that did pay £52k or more a month or so before the discounts and these people will be the hardest hit and will be pretty annoyed and quite rightly so. Values would decrease but not the way they have thanks to the discounts. Saying that it's still difficult to find a 35is on the cheaps. Yes there will always be depreciation but holly smoke not like that. It's what you'd expect from an infinity.

Maybe in a few years when all these 'discounted' ones make it on to the market we will see an impact? But then for those people before the discounts who bought on the never, never I wonder what BMW will do there. They will have given a Guaranteed final value which will now be way off I assume.

[pvr]

The GFV is only applicable on finance though, and they won't care about the private buyers really as their business model is on shifting fleet cars.

[Angie4m]

The GFV is only applicable on finance though, and they won't care about the private buyers really as their business model is on shifting fleet cars.

Indeed but some will be thinking I might have a bit of money to play with for a new car, most if not all will have been told it will be worth X amount after X years and there may even be a bit more to put towards a new car.....eh not on your nelly! That's the chat I've always had from dealers when they want to push finance even though I'm paying cash.

[SO8]

WBAC will offer me £26,200 for my 13 plate 35iS which is mint with 4K miles on it. I paid £30,000 7 months ago after putting 3K down.

My BMW dealer is looking into figures for me but doesn't think he can get where I would need to be to change cars ... which makes me think WBAC is way out or something is not adding up. That said he has yet to come back to me.

[Stark]

I see more and more dealers make money on the return of the cars and try to niggle on every ounce of extra miles, road rash to the alloys, stone chips etc etc....less and less, you should expect any cash back if handing back and hoping to have some deposit money to play with

[ronk]

WBAC will offer me £26,200 for my 13 plate 35iS which is mint with 4K miles on it. I paid £30,000 7 months ago after putting 3K down.

My BMW dealer is looking into figures for me but doesn't think he can get where I would need to be to change cars ... which makes me think WBAC is way out or something is not adding up. That said he has yet to come back to me.

You're not going to jump ship are you?

[SO8]

WBAC will offer me £26,200 for my 13 plate 35iS which is mint with 4K miles on it. I paid £30,000 7 months ago after putting 3K down.

My BMW dealer is looking into figures for me but doesn't think he can get where I would need to be to change cars ... which makes me think WBAC is way out or something is not adding up. That said he has yet to come back to me.

You're not going to jump ship are you?

Probably not but you never know ! I keep looking at the LCI M135i ... but I think I need one as well as the 35iS !!

The second fault on the Z4 in a month (not major at all or like my last black 35iS but annoying nonetheless) made me pen an email asking for prices. The other half would like me to sell but I think in reality nothing will happen.

[jamesbond]

WBAC will offer me £26,200 for my 13 plate 35iS which is mint with 4K miles on it. I paid £30,000 7 months ago after putting 3K down.

My BMW dealer is looking into figures for me but doesn't think he can get where I would need to be to change cars ... which makes me think WBAC is way out or something is not adding up. That said he has yet to come back to me.

You're not going to jump ship are you?

Probably not but you never know ! I keep looking at the LCI M135i ... but I think I need one as well as the 35iS !!

The second fault on the Z4 in a month (not major at all or like my last black 35iS but annoying nonetheless) made me pen an email asking for prices. The other half would like me to sell but I think in reality nothing will happen.

Hi strange that .. my wife would like me to sell mine, tells me I don't use it enough. Just a expensive model in the garage with a monthly payment

[techathy]

The car is an epic daily driver so why not use it more?