FOR SALE E89 3ltr auto

[Silverstar]

Doesn’t matter what Pondy or silverstar think the car is worth, the market decides.

Well this much is true!

[Pondrew]

WBAC certainly has fallen out of love with the E89 but I wouldn’t now regard that as a valid market marker..

Thing is though that the BCA group in one form or another (WBAC, BCA auctions, Cinch, etc) are the dominant force in the used car market. I don't know what percentage of used cars pass through their hands, but it will be high. At the numbers they deal with, they are able to manipulate prices to a degree and set them to suit themselves and their buddies in the car trade.

Nowadays the used car market is massively dominated by the trade, presumably down to the public's laziness and not caring about money.

Still think £15.5k for an old N52 engined E89 is much too steep, though!

[Baza]

Interesting Viewpoints
I had planned on keeping my 2009 E89 S drive 3.0i for some time but a health issue may decide for me The jury's out at the moment. With only 29000 on the clock its a question of Shall I or Shan't I at £15.500 I would lean to Shall but at £10.000 defiantly Shan't. I will watch with interest.

IMG_0944.JPG (275.83 KiB) Viewed 286 times

[RAYK47]

You can now buy 35i/35is consistently for £10k….maybe helped by their reputation..

What reputation is that? having just bought an N54 35i

[CliveN]

I am going to wade in here and yes I do own a E89 3.0 auto. Certain cars will have a certain value because of rarity and desireability. Cars like the E89 3.0 will never happen again (ditto with bells on z4MC)and at some point this will resonate with buyers especially lower miles cars that have not been through the wringer of life. This doesn’t mean of course that the E89 is going to feature massively on the classic market probably ever but lower excellent cars will always find a buyer at a good price for the seller and yes this price will be substantially more than the usual. But it ain’t going to be stratospheric ever. Fwiw, my experience (and I might be slated for saying so) of dedicated car forums is that they tend to downplay their cars value .hoping that they will be able to pick up a car more cheaply at some point. For example, I can’t get a realistic price for a car on a certain forum as the buyers all want knackered examples for free to do up. Yet the actual classic car market does move them albeit still not at massive values. I remember also with clarity how people on NSXCB (Honda nsx forum) were saying in 2010 how they were just waiting for the cars to reach £15k and then swoop. The prices then start to increase slightly and they were outraged but still didn’t buy. My 14000 mile nsx is now valued (properly) at £110k. They are still outraged - that said the clientele of the forum has changed substantially from those asking “how can I fix this on a shoestring” to owners who understand they have a classic. All I am saying is that - as others have said - the market pays what it thinks is right at the time. And timing is crucial. But I also agree that I don’t think prices will rise anymore any time soon.

[Scubaregs]

Strange. My experience of car forums is the opposite, people tend to think their cars are worth more than they are because they own that marque/model and it's a classic/future classic.

[CliveN]

And because you probably want to know. I wouldn’t sell my high spec 25000 mile m sport auto for less than £13k. And luckily I dont need to sell ever (well death excepted) so I am in the privileged position to be able to wait should I ever wish to sell.

[CliveN]

Happy to disagree on that point but that’s my experience of at least four forums. I don’t have enough experience of this one but gaining it as I suspect I will become a life member having purchased a MC. Which no doubt will bankrupt me!

[CliveN]

While writing and deferring to those who think the cars are over valued I think it all depends on how reliable the market thinks the cars are. Unfortunately e89s are now entering banger age territory and like many other cars (eg Mercs, jags, even astons - look at DB9 prices) if they are perceived as money pits then they will dive to the bottom and only resurface 15 years later when those that are still good will appreciate.

[tiglon]

When I bought my 2011 30i e89 back in 2018 for £15k from Sytner with 28k miles I used man maths to conclude that it was a future classic, being a NA straight six with manual gearbox - it isn't a future classic, and when I had to sell one year and 10k miles later I was lucky to get £10k for it.

You can get a Z4M for less than £15k, which might actually be a future classic.

The 30i is on the gradual descent to banger-ville, as is my 35is.

The only chance of anything non-M going up in value is a sudden unexpected rise in demand for roadsters coupled with the current death of them in new car showrooms. I wouldn't hold my breath...

[CliveN]

Yep we are in bangerville. Non m’s will never be super desirable. All we can hope for is that there is a residual “old codger” market for big engined small roadsters in the future. But as even BMW high ups now say and I quote “the market is changing. The priority of todays market is for a-b transportation and high tech”. Good for traditional
bmw perhaps up to and including G29 but a recognition that our cars will be as desirable for millennials etc as a horse and cart

[B21]

You can now buy 35i/35is consistently for £10k….maybe helped by their reputation..

What reputation is that? having just bought an N54 35i

High pressure fuel pump, adaptive dampers, turbos, fuel injectors, coils, plugs, DCT gearbox leaks, inlets coking up

Accelerated wear on coolant pumps, cam box and seals, OFHG, brakes, pads, tyres , suspension bushes , steering linkages and bushes

Usual rood problems

Apart from that faultless…..

[RAYK47]

You can now buy 35i/35is consistently for £10k….maybe helped by their reputation..

What reputation is that? having just bought an N54 35i

High pressure fuel pump, adaptive dampers, turbos, fuel injectors, coils, plugs, DCT gearbox leaks, inlets coking up

Accelerated wear on coolant pumps, cam box and seals, OFHG, brakes, pads, tyres , suspension bushes , steering linkages and bushes

Usual rood problems

Apart from that faultless…..

i know some of those have already been done on mine so i will just cross my fingers and hope they dont go again. or the ones that have not been done, stay put.

[Johnbmwz4]

I’m on my 2nd 3.5i and have never had any of those issues with any of them……..

[bison]

I assumed given the lack of detail it was FOC..buyer collects from an unknown location..

Eager to attract an interested buyer rather than window shoppers, yes £15.5k is my asking price, as mentioned by others try and find a comparable car with this engine and mileage and condition …