Yay. I didn’t mean to offend anyone (hairdressers/wives). It’s just that for a period convertibles were a strong choice for a second car for this segment. For example a good friend of mine has zero interest in cars but keeps on buying SLKs to potter about in. So a lot went to this market. Obvs there are enthusiasts like us too but we are a minority. I might also have offended E85 owners. Again only trying to say many of the cars are down at heel and one step from the crusher. E89s will get there. But some are saved (eg Barry’s rescue of a car which cost him £500. And we all love that
35i
- Thread starter Avityesboy
- Start date
My 35is dropped by about 25% from 2021 to 2025. Both private sales.
Pretty happy with that, considering the extra mileage.
When I was looking in 2021 a 30-40k (ish) mile 35is was around £18-21k. Now they're being listed for around £15-19k. One on Autotrader with 32k miles has apparently sold off a list price of £19k. Therefore, all things being equal, they have really not depreciated more than 10-20%. Obviously if you've put 40k miles on it then that might be a different matter...
Pretty happy with that, considering the extra mileage.
When I was looking in 2021 a 30-40k (ish) mile 35is was around £18-21k. Now they're being listed for around £15-19k. One on Autotrader with 32k miles has apparently sold off a list price of £19k. Therefore, all things being equal, they have really not depreciated more than 10-20%. Obviously if you've put 40k miles on it then that might be a different matter...
Spot on
Avityesboy
Member
Yeah I saw that when I was in the market for one, yeah the mileage and general wear and tear shows in the price I guess
Scottish Borders
FWIW the last few 35i/35is 'my clients' have bought are all around the £10k-£11k mark..albeit 80k+ miles and 2010/2011 vintages
As usual big difference between the ever optimistic owner and the discerning buyer…
Of course some cars go for premium prices and as much discussed in this country ultra low mileage examples attract substantial premiums…
However once past that period there are two discrete price ranges…the opportunistic and the real street price with a 50%-100% variation…
When I’m advising buyers the prices generally are the much lower figures than you see on AT by quite some way.
Only one client paid what I consider over the odds, ironically for an AY 30i..however he did get a disproportionate generous trade in which dragged the price down to just premium rather than silly…
N54 and N20 cars have taken much more of a hammering than the 23i / 30i..
I’m generally advising clients to focus on 30i..fwiw
The difference in low/high price will become more apparent (and achievable) once the numbers of cars thins down and if (and it is a big if) the car becomes desirable. Trouble is isn’t really happening anywhere in convertible land. Z3s are bouncing up but are scarcely worrying wallets (even the MR), the E85 can’t realistically go any lower, and most others (Jags/Boxsters/SLK) are equally low. So there’s no point holding on until it’s worth something - you won’t be around. But I would argue that my 2011 E89 3.0 Auto Msport with annual BMW servicing and 30000 miles, always garaged (in Spain mainly) is much more likely to fly than most. What buyers like to see, when cars are at this age, is Condition/Mileage/Provenance. Or at least I do. Spec is less important but it needs to be sufficient for you to at least like it or live with it. And that varies from person to person. Personally I would always avoid an SE but can happily go without heated seats for example. I suppose all I am trying to say is that our choices will continue to dwindle and that’s why much higher prices will exist for premium examples. ….. if there is a market.
One thing. One of my cars is a car I bought in 1989 at 3 years old with 9000 miles. It has now done 50,000 miles. It is likely the best example in the world (the museum doesn’t have one). But it’s worth pennies as nobody wants it….. As B21 says its supply and demand and realism.
One thing. One of my cars is a car I bought in 1989 at 3 years old with 9000 miles. It has now done 50,000 miles. It is likely the best example in the world (the museum doesn’t have one). But it’s worth pennies as nobody wants it….. As B21 says its supply and demand and realism.
I found plenty of people keen to pay £13k-15k for a near enough 80k miles Z4 last year, so I struggle to believe that £10k-11k is the going rate. Maybe prices have crashed since then.
35i prices will be lower, they always have been.
Good spec + good presentation + good photography + good condition = good price.
Of course newbies may rush in and pay premiums.. as I say, I've now advised on around 30 E89s this year..actual purchase prices for N54s were £11k tops..N20s around £7k, 30i around £9k, 23i around £6k
31 over the last 18 months
I get a lot of folks approach me both here and also FB Z4 Scotland, often initially about some specific advice then often it gets into a general support on purchases ..its FOC service..however its real world as we see the options they entertain, the negotiations, deals or no deals..
Whitchurch
Agreed. I paid over the odds for my 35iS, but I knew what I wanted and what I was buying. The price is set by the buyer. You only get what someone is willing to pay. Ask all you want, but ultimately it’s the buyer that determines what they are willing to pay.
Equally it's the seller who determines what they are willing to take. The actual selling price is a result of both those factors.
E.g. if every single potential buyer had told me that they would only pay £10k because some bloke on facebook told them that's what it was worth... I still wouldn't have sold it for £10k.
For sure..and in many cases folks won’t sell at what the buyer is willing to offer..hence why there’s a large number of AT Queens that just sit there…I’ve seen now been listed for 2-3 years without being sold….
It’s a buyer’s market ..far more supply than demand…first law of economics ..so real prices have dropped and sadly I think they’ll continue to drop..
That is how it SHOULD work, but things seem to have got a lot more complicated these days.
With everyone (buyers and sellers) having access to multiple sources to 'price' cars....from WBAC and Motorway, Carwow, etc to Autotrader offering 'pricing advice', looking at others for sale on multiple platforms, to 'experts' on car forums and FB it is difficult.
I see many, in fact most, private sellers asking as much if not more than dealers for comparable cars. That is a new phenomenon which I don't like or understand. And what happens to overpriced cars by private sellers that don't sell?
I very rarely see cars keep being reduced until they sell. They seem to just disappear. I can't believe anyone would pay some of the asking prices by deluded private sellers. I have seen some corkers in the past few years and none have been reduced to sell them.
Do they keep them just so they don't sell them for less than they think they are worth? Or do they sell to the trade at less than they think they are worth?