Cap car valuations

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rhys4
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Cap car valuations

Post by rhys4 » Tue Sep 20, 2011 7:18 pm

I thought I would use the Vauxhall site to see how much the Z4 has depreciated in 12 months. You type in the registration and a value comes up.Has anyone used this before and are they very accurate? They didnt ask for extras and gave a middle of the road guide.I used this vauxhall site before when they used Glasses guide. That seemed much more accurate and fair to me. Be interested in your thoughts.Im still recovering from the shock of them suggesting I have lost £8000 in 12 months.

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Taz
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Re: Cap car valuations

Post by Taz » Tue Sep 20, 2011 7:40 pm

i think i would prefer not to no what my car as depreciated lol

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ksher
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Re: Cap car valuations

Post by ksher » Tue Sep 20, 2011 7:43 pm

I'm going to keep mine for much longer this time. :)
Current BMW: Z4 sDrive23i ///M Sport (Space Grey/Black Kansas Leather with Black High-gloss Front Grille), 318i Sport (F30).
Previous BMW: 120d SE (F20), Z4 2.5i Sport Roadster (E85), 523i Sport (E60), 323Ci (E46), 523i SE (E39), 318i (E36).
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Wondermike
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Re: Cap car valuations

Post by Wondermike » Tue Sep 20, 2011 8:05 pm

Depends on how old your car is, but now is a particularly bad time to look at trading, unless you're on the way up. If you bought from a BMW dealer then there would been a £3-5k mark up depending on age, plus the amount it has depreciated in the year.

"Losing" £8k in a year is definitely plausible, but will soften to £9 or 10k for 2 years plus.

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Ewazix
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Re: Cap car valuations

Post by Ewazix » Tue Sep 20, 2011 8:09 pm

As a TRADE valuation it's probably not bad and quite realistic in the current climate :( CAP is more likely to be used in the trade than Glasses, unfortunately a guide is only accurate if it tells you what you are likely to get.
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ksher
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Re: Cap car valuations

Post by ksher » Tue Sep 20, 2011 10:14 pm

Similar 23i M Sport on BMW website are around £25k. If I trade in my car to dealer now, I will lose £10k after 11k miles/16-month owership.
Current BMW: Z4 sDrive23i ///M Sport (Space Grey/Black Kansas Leather with Black High-gloss Front Grille), 318i Sport (F30).
Previous BMW: 120d SE (F20), Z4 2.5i Sport Roadster (E85), 523i Sport (E60), 323Ci (E46), 523i SE (E39), 318i (E36).
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