E89 prices set to nosedive?

sp1xel · Post by **sp1xel** » Fri Aug 18, 2017 9:09 pm

Hopefully the coupe will hit hard as the softy is cheap

MACK · Post by **MACK** » Sun Aug 20, 2017 11:46 am

ronk wrote: ↑
Fri Aug 18, 2017 7:26 pm

Smartbear wrote: ↑
Fri Aug 18, 2017 5:43 pm

ronk wrote: ↑
Fri Aug 18, 2017 5:37 pm
I made my decision last august to spec my E89 as I wanted - I was aware of the new model coming but wanted best of the last .

I hope I've done the right thing.
Every new car hemorrages money Ron, but the important thing is the enjoyment it brings you (unless you want to sell shortly in which case you're stuffed)
Rob
I agree, the value falls like a stone - I bought my car financed from a share sale - I sold at £5.23 whithin a month of me taking delivery they'd shot up to £6.80 but at my age why worry about a bit of cash?

As you say, the enjoyment of the car comes first!

It will be interesting to see just what impact the new model has. E89s were available with some truly epic discounts in the last few years of production which will have already impacted the used and nearly new models etc. That coupled with the 2 to 3 year gap in age between the last of the E89s and the first of the G29s makes this situation somewhat different than when say Bmw replaces a 3 series with a brand new model. Usually there's is only a few months lag between production of one stopping and the new one hitting production and end of life discounts on 3 series never normally get to anything like what we saw with the E89.

All in all the E89 values may come out of the model change much better than the norm.

I guess time will tell.

Mr Tidy · Post by **Mr Tidy** » Sun Aug 20, 2017 9:32 pm

ronk wrote: ↑
Fri Aug 18, 2017 7:26 pm

Smartbear wrote: ↑
Fri Aug 18, 2017 5:43 pm

ronk wrote: ↑
Fri Aug 18, 2017 5:37 pm
I made my decision last august to spec my E89 as I wanted - I was aware of the new model coming but wanted best of the last .

I hope I've done the right thing.
Every new car hemorrages money Ron, but the important thing is the enjoyment it brings you (unless you want to sell shortly in which case you're stuffed)
Rob
I agree, the value falls like a stone - I bought my car financed from a share sale - I sold at £5.23 whithin a month of me taking delivery they'd shot up to £6.80 but at my age why worry about a bit of cash?

As you say, the enjoyment of the car comes first!

Exactly OP, you don't generally buy a new car towards the end of the production cycle and expect it to appreciate!

It's much more important that you got exactly what you wanted!

I think where BMW end up pricing the new model will be major factor in relation to E89 values - if they get ambitious I can't see it having a big effect, but only time will tell.

In the meantime just keep enjoying your best of the last.

Huz-z · Post by **Huz-z** » Mon Aug 21, 2017 12:52 pm

An E89 price drop will be great news for anyone looking to get their hands on one right now. And as has been said above, for existing owners, cars aren't something you expect to appreciate in value. Anybody who has an E89 and was planning to sell or trade in the next 12 months or so is likely to take a hit.

Smartbear · Post by **Smartbear** » Mon Aug 21, 2017 12:58 pm

I don't think there's going to be any horror stories, in the future the e89 will be looked on as the "difficult" second album and will still be appreciated by enthusiasts of the breed

Rob

ronk · Post by **ronk** » Mon Aug 21, 2017 3:00 pm

Huz-z wrote: ↑
Mon Aug 21, 2017 12:52 pm
...... was planning to sell or trade in the next 12 months or so is likely to take a hit.

If i mention buying another new car it would be more than a financial hit I would get!!!

Nanu · Post by **Nanu** » Tue Aug 22, 2017 8:15 pm

Smartbear wrote: ↑
Thu Aug 17, 2017 7:56 pm

Nanu wrote: ↑
Thu Aug 17, 2017 7:53 pm
No mention of a soft or hard top and possible hybrid engine option. I suspect that if it goes soft top then the e89 will retain it's price as not everyone (Me included) likes a soft top.
I think it's a soft top
Rob

The wife will be pleased then because if it wasn't would most likely want one

Huz-z · Post by **Huz-z** » Wed Aug 23, 2017 2:53 pm

ronk wrote: ↑
Mon Aug 21, 2017 3:00 pm

Huz-z wrote: ↑
Mon Aug 21, 2017 12:52 pm
...... was planning to sell or trade in the next 12 months or so is likely to take a hit.
If i mention buying another new car it would be more than a financial hit I would get!!!

LOL, yeah, I already made that mistake. Happy wife = happy life!

Sgreen · Post by **Sgreen** » Tue Oct 10, 2017 10:58 pm

I do wonder if some E89 models will get hit more than others, my experience that rarer models tend to hold their price better

MACK · Post by **MACK** » Thu Oct 12, 2017 11:45 am

Two other factors that will hit e89s longterm are the cars perceived reliability with the buying public and the massive over supply in the genrral used car market. This is mainly due to pcps and cheap finance but all of the problems that this is storing up are about to hit hard. Even tge bank of england is worried about this and publically waring of impending doom.

Baza · Post by **Baza** » Thu Oct 12, 2017 1:46 pm

Nanu wrote: ↑
Thu Aug 17, 2017 7:53 pm
No mention of a soft or hard top and possible hybrid engine option. I suspect that if it goes soft top then the e89 will retain it's price as not everyone (Me included) likes a soft top.

Absolutely that's what drew me to the Z4 to ditch the hard top would in my opinion be lunacy . I have seen prices quoted of £60 grand plus for a 35i .at this level the used market for E89 will flourish.

Smartbear · Post by **Smartbear** » Thu Oct 12, 2017 6:48 pm

Baza wrote: ↑
Thu Oct 12, 2017 1:46 pm

Nanu wrote: ↑
Thu Aug 17, 2017 7:53 pm
No mention of a soft or hard top and possible hybrid engine option. I suspect that if it goes soft top then the e89 will retain it's price as not everyone (Me included) likes a soft top.
Absolutely that's what drew me to the Z4 to ditch the hard top would in my opinion be lunacy . I have seen prices quoted of £60 grand plus for a 35i .at this level the used market for E89 will flourish.

£60k plus for a used 35i, are you sure that’s not a mistake? Link?
Rob

mr wilks · Post by **mr wilks** » Thu Oct 12, 2017 6:57 pm

Smartbear wrote: ↑
Thu Oct 12, 2017 6:48 pm

Baza wrote: ↑
Thu Oct 12, 2017 1:46 pm

Nanu wrote: ↑
Thu Aug 17, 2017 7:53 pm
No mention of a soft or hard top and possible hybrid engine option. I suspect that if it goes soft top then the e89 will retain it's price as not everyone (Me included) likes a soft top.
Absolutely that's what drew me to the Z4 to ditch the hard top would in my opinion be lunacy . I have seen prices quoted of £60 grand plus for a 35i .at this level the used market for E89 will flourish.
£60k plus for a used 35i, are you sure that’s not a mistake? Link?
Rob

Yea Rob , its inevitable mate

just the 35i manuals of course

original guvnor · Post by **original guvnor** » Thu Oct 12, 2017 7:07 pm

I think the hard v soft top is probably 50:50 to be honest. It's one reason (of several) why I would never consider an E89 so I'm glad they've ditched it for the new model.

mr wilks · Post by **mr wilks** » Thu Oct 12, 2017 7:12 pm

original guvnor wrote: ↑
Thu Oct 12, 2017 7:07 pm
I think the hard v soft top is probably 50:50 to be honest. It's one reason (of several) why I would never consider an E89 so I'm glad they've ditched it for the new model.

You not a fan of the hard fold top OG ? Would have thought a svelte move for a ZMC owner looking to step up