I have been an E89 owner since 2017. I suppose I shouldn’t be surprised (but I am!), but I found the recent (though steady) decline in E89 prices to be quite shocking. I always thought that 23i prices would be relatively low but was genuinely alarmed to read you could buy a reasonably okay 2.0i (in my eyes “new”) for bugger all. And that relatively nice well cared for examples of anything are struggling to sell. I thought this (banger status) was E85 territory. But of course we are now in 2025 and the last E89s were produced 9 years ago. And some have six figure mileages. So they are now judged in the eyes of everyone as potentially ruinous and basically a “shed”. And an impractical one at that. I did think I would sell mine at some point but have reconsidered as the car remains a great looker and is very nice to be in. But it’s still a shock.
E89 Prices
- Thread starter CliveN
- Start date
At the summit of the picturesque fens
The decline in used car prices is across the board. I put it down to a 're-adjustment' after the absolute mentalness that Covid caused.
New cars aren't selling either. I just leased a £50k new Audi for peanuts and got £11,500 off the list price of a new Focus (over 25% off).
I get silly low prices offered on a daily basis from lease brokers now. I got nothing for nearly 3 years!
New cars aren't selling either. I just leased a £50k new Audi for peanuts and got £11,500 off the list price of a new Focus (over 25% off).
I get silly low prices offered on a daily basis from lease brokers now. I got nothing for nearly 3 years!
As Pondrew says car prices got out of control with covid.
There is a lot of people that have paid far too much for their cars and can't afford, or don't want to accept, the losses due to price correction.
There is many E89s that look good value now. Some of the higher priced ones are still on the market. One of the higher priced 30i has been on AutoTrader since June 2023!
The prices of some of the E85s confuses me. There used to be a large gap between the E85 and the E86. The price gap has closed.
There is a lot of people that have paid far too much for their cars and can't afford, or don't want to accept, the losses due to price correction.
There is many E89s that look good value now. Some of the higher priced ones are still on the market. One of the higher priced 30i has been on AutoTrader since June 2023!
The prices of some of the E85s confuses me. There used to be a large gap between the E85 and the E86. The price gap has closed.
Scottish Borders
I would be extremely surprised if any are actually selling for those type of figures, though. Those are 2022 figures. You can ask what you like, there is no law against it.ibroker said:
There is a nice looking 2.5 litre E85 with decent mileage (90k ish IIRC) for sale on another forum. It's up for a mere £2,750 and has been for sale for months (and months). To me, that shows the lack of a market.
B21 said:
The late nice low mileage ones they offer £11,500.
A quick check and the cars advertised at £21-23k come back around £16.5k at dealer price and £15.2k private sale.
The 7 cars for sale on AutoTrader have all been on sale for months. 4 months old is the most recent advert.
Avityesboy
Member
Why did you not expect a slow but steady decline in prices?
Busterboo said:Autumn starts in October? Where do you live?Beerman said:
Firstly 4 months ago takes you back to September and not October.
Autumn officially started on the 22nd September in the UK.
Apart from not being able to count, or knowing the seasons of the year, your argument is holding up well.
I think mine has dropped from £100 a month since I bought it in 2017. I think the market is changing though. This means that leggy examples are now becoming as“affordable” as some E85s. But people are wary of big bills; this reduces prices further. Coupled with cars being written off for the most minor of instances with often terrible compensation, people are scared of losing their shirts. Even low milers like mine (29k and 2k a year) are falling but are more likely keep an edge if specd correctly. But the idea of any car now increasing in money (even classics) has gone. I have been looking at Z8s and the selling prices have shifted from over £200k to £150k in the last year alone. Given the potential for wallet emptying I will probably leave it but now is definitely the time to buy not sell.
I think mine has dropped from £100 a month since I bought it in 2017. I think the market is changing though. This means that leggy examples are now becoming as“affordable” as some E85s. But people are wary of big bills; this reduces prices further. Coupled with cars being written off for the most minor of instances with often terrible compensation, people are scared of losing their shirts. Even low milers like mine (29k and 2k a year) are falling but are more likely keep an edge if specd correctly. But the idea of any car now increasing in money (even classics) has gone. I have been looking at Z8s and the selling prices have shifted from over £200k to £150k in the last year alone. Given the potential for wallet emptying I will probably leave it but now is definitely the time to buy not sell.