So I was going to start a topic and then found this one...
I've just joined the club with a 56 plate 3.0si coupe in black with red leather and sat nav. It's been serviced on mileage rather than age but I overlooked that fact as it only has 45k on the clock. How much I hear you ask? After it was on the market for a number of weeks plus haggling just £9,500. It needs new rear tyres and a service but upon thorough checking there doesn't seem to be anything wrong with it.
I'm struggling to get my head around why other similar cars are asking £2-4k more, with one BMW dealer advertising a 3.0si at c.£18k. I can't see that these other cars are worth that much more, they sit on the market for ages and there is a decent choice for less. Some sellers are being optimimistic in my opinion as although not common these cars aren't that hard to come by, with 30-40 (that's just the manuals) consistently on Autotrader alone at any one time. Given that many don't sell for quite some time I'd suggest supply outstrips demand, despite the low numbers.
From my limited experience it's a great car and the N52 feels a fair bit more lively than in our e91 but I still can't comprehend the spread in pricing. Just look at the classifieds on here for an example of not selling and large price drops. I offered £10,500 on a good example much closer to me, initially advertised at £11,500 but I was turned down. The seller has since dropped through £11k and is now still waiting for a sale at you guessed it £10,500! 07 with 70k miles.
I'd love my car to be worth more right now but I think people need to get real to a certain extent.
