WANTED: e89 35is

[B21]

Can’t quite understand the massive disconnection between WBAC prices and what AT is asking?

Why Not?
Simple; WBAC is the 'baseline' trade value, they will buy it in an hour, no questions asked (as long as it's as described) and get your car gone. AT prices are the 'full retail value' with dealer mark ups (around £2-3000 a car ATM) and finance offered. Private sellers are jumping on the bandwagon of trade prices too.

I understand the logic..just £8k-£10k+ is a lot to pay for dealer comfort..

 

[Pondy]

I understand the logic..just £8k-£10k+ is a lot to pay for dealer comfort..

In a fast moving and uncertain market, there are always going to be 'chancers'. If there is one thing the motor trade are good at; it's seeing an opportunity to maximise profit IMO

 

[Zed Baron]

Here's an example a 2009 23i SE with 51k £12.5k : https://www.gumtree.com/p/bmw/2009-bmw-z4-2.5-23i-sdrive-2dr-convertible-petrol-automatic/1418330381

 

[Pondy]

Here's an example a 2009 23i SE with 51k £12.5k : https://www.gumtree.com/p/bmw/2009-bmw-z4-2.5-23i-sdrive-2dr-convertible-petrol-automatic/1418330381

WBAC offering £7,355.00 online for that one!
The seller seems to be one of the 'chancers'

 

[Zed Baron]

Here's an example a 2009 23i SE with 51k £12.5k : https://www.gumtree.com/p/bmw/2009-bmw-z4-2.5-23i-sdrive-2dr-convertible-petrol-automatic/1418330381

WBAC offering £7,355.00 online for that one!
The seller seems to be one of the 'chancers'

Look at this one then Pondrew, 2010 no idrive £17k and auotrader has it marked as a fair price! its crazy...

 

[Pondy]

Look at this one then Pondrew, 2010 no idrive £17k and auotrader has it marked as a fair price! its crazy...
Screen Shot 2021-11-06 at 15.59.39.png

Autotrader seem to be 'in on the secret' with the dealers TBH. I heard they are now able to track prices, so giving the public the sense that prices are fair. I thought AT were a marketplace for advertising, not an oracle for pricing strategy.

 

[Ole gits rule]

Here's an example a 2009 23i SE with 51k £12.5k : https://www.gumtree.com/p/bmw/2009-bmw-z4-2.5-23i-sdrive-2dr-convertible-petrol-automatic/1418330381

Probably the worst colour as well iMHO - thats worth max £9.5k

 

[Ole gits rule]

Here's an example a 2009 23i SE with 51k £12.5k : https://www.gumtree.com/p/bmw/2009-bmw-z4-2.5-23i-sdrive-2dr-convertible-petrol-automatic/1418330381

WBAC offering £7,355.00 online for that one!
The seller seems to be one of the 'chancers'

Look at this one then Pondrew, 2010 no idrive £17k and auotrader has it marked as a fair price! its crazy...
Screen Shot 2021-11-06 at 15.59.39.png

Thats based on the low mileage, as soon as you put 10k on it, its worth £3k less - no one is going to pay anywhere near that for a boggo 23i, would rather pay £10k for one at 70k miles and lose a few k when it hits 85k

 

[Zed Baron]

WBAC offering £7,355.00 online for that one!
The seller seems to be one of the 'chancers'

Look at this one then Pondrew, 2010 no idrive £17k and auotrader has it marked as a fair price! its crazy...
Screen Shot 2021-11-06 at 15.59.39.png

Thats based on the low mileage, as soon as you put 10k on it, its worth £3k less - no one is going to pay anywhere near that for a boggo 23i, would rather pay £10k for one at 70k miles and lose a few k when it hits 85k

Sean, wouldn't be my £17k even with 18k mileage

 

[Pondy]

Just for context; I paid £10,200 for a 2013 18i M-sport with lots of optional kit and 25k miles in January from a national dealer (not BMW). The 18i and the 23i seem to be comparable on price, so yes the prices are stupid ATM and don't seem to be dropping even though it's November.

 

[Ole gits rule]

Look at this one then Pondrew, 2010 no idrive £17k and auotrader has it marked as a fair price! its crazy...
Screen Shot 2021-11-06 at 15.59.39.png

Thats based on the low mileage, as soon as you put 10k on it, its worth £3k less - no one is going to pay anywhere near that for a boggo 23i, would rather pay £10k for one at 70k miles and lose a few k when it hits 85k

Sean, wouldn't be my £17k even with 18k mileage

Mine either buddy - bonkers money and think that will be there for some time to come

 

[Ole gits rule]

Just for context; I paid £10,200 for a 2013 18i M-sport with lots of optional kit and 25k miles in January from a national dealer (not BMW). The 18i and the 23i seem to be comparable on price, so yes the prices are stupid ATM and don't seem to be dropping even though it's November.

I paid £9,800 for mine with 73K on the clock an these seem to be at £12 to £14k right now but WVAC seem to have given up on the summer premium at the moment

 

[Pondy]

WBAC seem to have given up on the summer premium at the moment

It seems that the high offer prices earlier in the summer have gone now, probably because so many people sold their cars at a premium, so the used market has much more stock. Problem is that the dealers that were forced to pay silly money for cars to sell, can't reduce them or they will make a loss, so it's potentially artificially keeping prices high. And private sellers will go by what the trade are selling for but a little less (or actually more in some cases).

 

[Ole gits rule]

WBAC seem to have given up on the summer premium at the moment

It seems that the high offer prices earlier in the summer have gone now, probably because so many people sold their cars at a premium, so the used market has much more stock. Problem is that the dealers that were forced to pay silly money for cars to sell, can't reduce them or they will make a loss, so it's potentially artificially keeping prices high. And private sellers will go by what the trade are selling for but a little less (or actually more in some cases).

Totally agree Les - mine will b sorn'd at the en dog the month until April, only done 1500 miles since the last MOT swill prob only do a few hundred more by the next one when prices will Strat to rise again.

Wonder what motorway or sizzle are offering on zeds

 

[Zed Baron]

WBAC seem to have given up on the summer premium at the moment

It seems that the high offer prices earlier in the summer have gone now, probably because so many people sold their cars at a premium, so the used market has much more stock. Problem is that the dealers that were forced to pay silly money for cars to sell, can't reduce them or they will make a loss, so it's potentially artificially keeping prices high. And private sellers will go by what the trade are selling for but a little less (or actually more in some cases).

Totally agree Les - mine will b sorn'd at the en dog the month until April, only done 1500 miles since the last MOT swill prob only do a few hundred more by the next one when prices will Strat to rise again.

Wonder what motorway or sizzle are offering on zeds

Offered me £1500 quid more Sean than WBAC

 

[Ole gits rule]

It seems that the high offer prices earlier in the summer have gone now, probably because so many people sold their cars at a premium, so the used market has much more stock. Problem is that the dealers that were forced to pay silly money for cars to sell, can't reduce them or they will make a loss, so it's potentially artificially keeping prices high. And private sellers will go by what the trade are selling for but a little less (or actually more in some cases).

Totally agree Les - mine will b sorn'd at the en dog the month until April, only done 1500 miles since the last MOT swill prob only do a few hundred more by the next one when prices will Strat to rise again.

Wonder what motorway or sizzle are offering on zeds

Offered me £1500 quid more Sean than WBAC

Thats more like it in reality would put one at £10,500 which I am ok with - WBAC is base price by the look go it

 

[Pondy]

WBAC is base price by the look go it

When I sold my Focus in Late August, WBAC's highest offer (online only) got to £25,300.
I sold it through Motorway for £27,800.
It was selling at a main dealer Ford garage for £30,000 a week later. It sold too!
I bought it for £22,700 from Ford Direct 1st April 2021.
It sold at a main dealer 1st October 2021 for £7,300 more.
Over 30% rise in six months is outrageous. It was a Ford, not a Lambo

 

[tiglon]

WBAC is base price by the look go it

When I sold my Focus in Late August, WBAC's highest offer (online only) got to £25,300.
I sold it through Motorway for £27,800.
It was selling at a main dealer Ford garage for £30,000 a week later. It sold too!
I bought it for £22,700 from Ford Direct 1st April 2021.
It sold at a main dealer 1st October 2021 for £7,300 more.
Over 30% rise in six months is outrageous. It was a Ford, not a Lambo

https://inews.co.uk/news/used-car-price-rises-ford-audi-1263212

Even my 2015 Focus 1.0 bought 2 years and 35,000 miles ago is still worth more on WBAC than I paid for it.

 

[step_change]

Looking to sell my 35is - 68000 miles - but I am in no rush at all and if I get a better price in Spring then I will lightly use it until then and sell then. It is a garaged second car so it is fine where it is, unless I'm made an offer I can't refuse. I've made no real attempt to sell it yet other than a tentative enquiry,
Here is a video of it.
https://www.youtube.com/watch?v=5NzzMw7kTvg

 

[Lynchy]

Looking to sell my 35is - 68000 miles - but I am in no rush at all and if I get a better price in Spring then I will lightly use it until then and sell then. It is a garaged second car so it is fine where it is, unless I'm made an offer I can't refuse. I've made no real attempt to sell it yet other than a tentative enquiry,
Here is a video of it.
https://www.youtube.com/watch?v=5NzzMw7kTvg

It’s a very desirable car so perhaps do a proper for sale thread and see what happens.