"Previous Owners"

SynapticFire

Member
 London
I'm really in quite a p!ssed off mood, and my girlfriend is being not-very-understanding so I have come to the forums to rant it out!!

Been chatting to a forum member (and, if he reads this - no offence to you, just annoyed at the situation) who is interested in having my car. I'm getting more and more 'keen' to sell as I need to get my outgoings down and the Zed is sapping my cash far too quickly in fuel.
He had an absolutely stonking diesel 1-Series to part-ex with almost every option ticked, including some I didn't know existed!!
It was all looking good. I'd spent all morning working out figures - was it a sensible option, would it represent significant-enough cost savings over the Zed, etc.

In the meantime, I had a phonecall from someone else who was interested. First question he asked was how many owners. I said technically four, as the trader who I bought it from had taken ownership before selling it on, but two 'actual' owners. He said thanks but no-thanks, he likes two-owner cars only.
OK, fair dos. I was super-keen on this 1 series deal anyway.

So I chat further, arrange to have a few things sorted on the Zed and we'll arrange for some test drives of each others respective motors.

I add in the previous owners bit, the fact that all finance was cleared from previous owner with paperwork to prove, no damage, etc., etc.

Suddenly, potential buyer walks away. He likes to be the second owner of a car.

Why? I ask. There's paperwork to prove what's been done (not to mention BMW will do you a VIN history if you provide it) and the only person it makes a difference to is you.
I've given full disclosure - it had two genuine owners (for a 60,000 mile almost 6 year old car, I think that's pretty damn good) with the trader in the middle, then me.

Apparently, it's harder to sell on and gives the car a shady history. Even if full disclosure is given. I guess we don't live in a very trusting world or something.


I guess I'm just pissed off. Today I've lost two potential buyers and an absolutely stunning potential new car, all because, it seems, I bought the car off a trader instead of off a private individual. Makes no material difference to the actual physical car in any way, shape or form.

FFS. :headbang:


Is the ownership history a big deal to everyone, or is it reasonable to accept a higher number if the car is of a certain age and has been through a trader at some point in its life??
 
I don't understand this previous owners issue at all. Fair enough, if it's a 6 year old car and it's had ten owners, it may ring alarm bells but 3, 4 or even five wouldn't bother me. Who's to say that a one owner car has been looked after any better than one that's had several owners?

It's the condition of the vehicle and service history that would be top of my list of things to worry about.
 
It's a sports car and therefore more likely to have changed owners more often is how I'd view it. It's just the type of car that people might buy, run for a summer or two and then sell.

Condition and history is the biggest consideration for me - admittedly I'd be slightly nervous if a car had changed ownership very quickly over a few months, but that's not the case with yours
 
Some people just have a fixed notion in their head with little other than their own personal prejudices to support it.

Many buyers feel that the higher the number of previous owners the more likely it might be a 'dog'. No real evidence to support the theory of course. I am the second owner of a brand new car which had 10 dealer miles on the clock which worries me not in the slightest. One guy on this forum however wanted to return his car when he found out technically he was the 2nd owner! Just goes to show how neurotic some folk can be when they have a fixed notion in their head.

Others will not even consider the 1 owner low mileage elderly garage queen as it is probably seized up through lack of use even with FSH. Urban myth territory I suggest.

Just about everyone has their own personal take on what they require and it's not always logical or sensible to anyone else.

The so called 'experts' usually recommend buying principally on condition, supported by good service history with other criteria less important.

Afraid ownership history can be a factor for many. The question they ask is why would so many people keep the car for such a short period of time? Rightly or wrongly their answer is that it's likely a problem car despite the apparently good history which won't always tell the tale.
 
To me it sounds like they're giving you a bullshit excuse instead of admitting they weren't seriously interested in the car in the first place....

Sadly, there will always be time wasters. Chin up lad.... the right buyer will come along
 
I was my Z3's 9th owner.

As the previous post said - chin up matey, you seem to have attracted some rather odd potential buyers and I'm certain she'll shift soon.
 
He sounds like a trader, an ass and possibly a time waster. Ignore it and move on. No of owners means nothing to a real buyer. Like above I bought my Scirocco with 9 previous owners and my 07 Coupe has 4 owners (inc me) in just over 6 years.
 
Adamski said:
To me it sounds like they're giving you a bullshit excuse instead of admitting they weren't seriously interested in the car in the first place....

Sadly, there will always be time wasters. Chin up lad.... the right buyer will come along
Couldnt have put it better myself!
 
Personally i'd only be bothered if it was a high number, to which i'd enquire - and if the explanation was owner #1 is the bmw dealer, and owner #3 is a trader - 4-5 previous owners (on an expensive-to-run sports car) isn't really that big a deal. People don't tend to keep them long as they quickly figure out they can't afford to run it.
 
Yeah its a niggle on used cars , we would all prefer low owners but it generally reflects budget 8) ultimately if you can afford it you wouldd ike to be 1st or 2nd 8)
I did once buy a 318is with 9 owners in 12 years & it was THE biggest shed ive owned (apart from the almost new rover 820 fastback i don't like to talk about )
This always sticks in my mind & i tend to choose cars with 1 or 2 prev owners & 3 as a max :wink: if you can't then next rule is make sure the last owner has had at least 2 years / 2 MOT's & some service+repair bills ? It shows some commitment to the car at least :thumbsup:
 
Having bought a few classics..

My 88 E24 had only 4 owners when I bought it in 2010. It was full of rust and needed work
My 92 Rocco had 9 owners when I bought it in 2008. It was almost perfect, a lot of work had been put into it between 06 and 08 and so as above condition is everything.
 
lol, my old roadster was a 56 plate and I think I was the 6th owner haha

Its a soft top sports car.....what do people expect...you buy it..have a fun summer then sell it ( guess thats what happened to my previous one...fantastic car though, no issues)
 
If previous owners have looked after the car and all history is in place it shouldn't matter. My Z is an 03 and I'm owner number 3, but I'd still of bought it if there was more previous owners because of the condition and history.
 
I have given up having a similar discussion with my old man. he is on the lookout for a new car and is after something 2 or 3 years old, but he wants an extremely low mileage example. I don't know why. if it's done 3k miles a year it's likely they were stupid little journeys all in 1st / 2nd gear and with a cold engine..and he will pay a crazy premium to buy one with that mileage.

having sold a few cars over the years I have, as with most things in life, become a little more pragmatic, you can't force someone to buy off you and people waste time. I had a chap waste a good 2 days of my life over a car and then changed his mind after he found a v minor car park ding on the door - probably £50 to sort and it was barely noticeable.

some people are just a bit too ocd...
 
SynapticFire said:
Is the ownership history a big deal to everyone, or is it reasonable to accept a higher number if the car is of a certain age and has been through a trader at some point in its life??

Of course the ownership history can be a big deal in selling down the line, because the other guys may have suspected this would happen and have declined

SynapticFire said:
Apparently, it's harder to sell on
Just what was the problem were you experiencing again?




It's not 'apparently' at all, 'cos it is actually happening ...to you unfortunately.
 
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