Low mileage purchase - a good buy?

[vinny09]

This was when all the BMW GB cars were appearing; I narrowed my search down to five black ones with the right spec and rang around. One dealer would knock a £39k down to £35k immediately over the phone...however another with one of those £35k cars would not budge more than £600. One of them is still for sale!. The AUC site has a few others that should float your boat £31-£33k..ring them up and play them off against each other? I got £3k off mine (not a BMW GB car either) and was happy with that.

I was considering buying that car at one point! In the end I found another Sapphire Black late '06 one with about 1,000 more on the clock and slightly better spec elsewhere for 2,000 GBP cheaper and the dealer gave me 1,000 GBP more trade in than Sytner were offering!!!! Amazing how much differential there is.

Picked the car up last weekend - it really is an awesome machine.

Vinny

 

[Wondermike]

I was considering buying that car at one point! In the end I found another Sapphire Black late '06 one with about 1,000 more on the clock and slightly better spec elsewhere for 2,000 GBP cheaper and the dealer gave me 1,000 GBP more trade in than Sytner were offering!!!! Amazing how much differential there is.

Picked the car up last weekend - it really is an awesome machine.

Vinny

Ahem :worthless:

 

[taffy]

that's not a good price, imola red wiht champagne however nice is not a good resale colour, the cars suffer from serious depreciation anyway so add this into the mix and that car should be no more than 33k with possibly 2-3k margin for the dealer, i wouldn't pay more than 32 for it

 

[drcarrera]

that's not a good price, imola red wiht champagne however nice is not a good resale colour, the cars suffer from serious depreciation anyway so add this into the mix and that car should be no more than 33k with possibly 2-3k margin for the dealer, i wouldn't pay more than 32 for it

I agree. Perhaps if it's still on the forecourt in a few weeks I'll try again if I haven't found something else by then. Maybe the fact I was dealing with the DP rather than a salesman didn't help.

 

[Doh]

that car is expensive (or perhaps the prices are firming up?) i bought mine in Nov it is a july 07 car with 2100 miles same spec execpt for the hifi (mine has privacy glass and is silver) for less than the price displayed without the VAT!

 

[Rick Hunter]

Welcome... Doh!

 

[taffy]

Prices are definitely not firming up, I am just about to swap into an E92 M3 and believe me it's been hard to get a deal wiht the Z4, some didn't even want to touch it, some only offered 26k for a 49,000 new car last March with 8,000 miles on it. The deals are also becoming harder to get because alot of the cars available are cars that dealers have had to take in with no margin due to the crap RV's on these, i'm getting 32k for my car p/ex but the car is only worth 28k, so they're going to struggle to get more than 30k for it in reality, a 2k margin on a car that might take 3 months to sell is crap

 

[Doh]

Welcome... Doh!

Thanks! and Hi

 

[Wondermike]

that car is expensive (or perhaps the prices are firming up?) i bought mine in Nov it is a july 07 car with 2100 miles same spec execpt for the hifi (mine has privacy glass and is silver) for less than the price displayed without the VAT!

On VAT qualifying cars you don't need to add it on to the price, it just means someone buying for a business purpose would still be able to claim it back.

Welcome BTW

Prices are definitely not firming up, I am just about to swap into an E92 M3 and believe me it's been hard to get a deal wiht the Z4, some didn't even want to touch it, some only offered 26k for a 49,000 new car last March with 8,000 miles on it. The deals are also becoming harder to get because alot of the cars available are cars that dealers have had to take in with no margin due to the crap RV's on these, i'm getting 32k for my car p/ex but the car is only worth 28k, so they're going to struggle to get more than 30k for it in reality, a 2k margin on a car that might take 3 months to sell is crap

Is yours a March 07 car? Are you getting 32 against a brand new M3 - what's the spec?

 

[taffy]

Yes March 07, 9,000 miles and i'm getting £31,600 against a 51,800 (59,000 new) car with a 6CD, tank of fuel and 8moinths tax thrown in and they'll ignore that all 4 tyres need replacing, effectively giving me 4k more than the car is worth, i actually got quoted as low as 25k so given the market and my needs I jumped at the deal!

 

[Wondermike]

taffy, not a bad deal then, although still a healthy discount on the M3. Should ensure that any speculators were disappointed. Are you saying you would have got the M3 for 48-49k otherwise, as a cash deal? Not bad going.