[AlanYoro35i]

So i've been looking at Broadspeed.com and the savings on some new car is surprising. For example a New 435i auto cost £36k (£7k saving) with no added option. Say £40k including option for a brand new car, 3 years down the line , car would worth £25k + ( my current 335i cost 46k new and i bought it for 25k at 3 year old) so if the depriciation is around the same, selling the 435i after 3 years would loose only circa £15k or around £5k a year for the car.

Does seem like a good deal right? anyone has a better site?

Maybe i can ask for european delivery for a little bit more discount, since they dont need to ship the car over right?

[djgandy]

Broadspeed is good. Best deals is on Z4 35is

[DanTheManc]

Coast2Coast are also work checking out.

www.coast2coastcars.co.uk

[djgandy]

Thing is, if you pay list price for anything other than maybe an M4 you're an idiot. Even at dealers you can haggle a lot. It's rare people would pay list for a 335/435

Look at M5/M6 too. Would anyone really pay £100k for an M6? It's a good car, but it's not a 100k car.

[AlanYoro35i]

i never bought a new car...

[MrPogle]

Originally Posted by Yoro35i

Say £40k including option for a brand new car, 3 years down the line , car would worth £25k +

No chance of it being worth that. It will be worth comfortably less than 20k.

[AlanYoro35i]

Originally Posted by MrPogle

No chance of it being worth that. It will be worth comfortably less than 20k.

less than 20k?? you must be having a laugh. following the e92 335i over the 6-7 years. 3 years old sells roughly 25k back when i was looking , looking at even 2012 cars are going for 23+ obviously im talking about private sale.

[doughboy]

Originally Posted by Yoro35i

less than 20k?? you must be having a laugh. following the e92 335i over the 6-7 years. 3 years old sells roughly 25k back when i was looking , looking at even 2012 cars are going for 23+ obviously im talking about private sale.

It will lose well over 50% in 3 years.

My 335i was 43 list, I paid 37 new with dealer discount (BMW matched broadspeed in 2009, 15% off)

But trade in offer was 12k after 3years..

[doughboy]

Originally Posted by djgandy

Look at M5/M6 too. Would anyone really pay £100k for an M6? It's a good car, but it's not a 100k car.

There are 6 month old spec'd up M6 grand coupes at BMW used for 60k! That's over 40k down in a few months.

Also M5s are back on lease deals, best for 2 years, 525/m + vat 6+23

[AlanYoro35i]

Originally Posted by doughboy

It will lose well over 50% in 3 years.

My 335i was 43 list, I paid 37 new with dealer discount (BMW matched broadspeed in 2009, 15% off)

But trade in offer was 12k after 3years..

did you sell it for 12k? what was the private sale price? was the car with desirable options. we all know stealers offer very very low price for trade in but couldn't be that bad on a 3 year old car. My 7 year old 335i seems to be selling at 10-12k realistic prices on autotrader now....

[Kerr]

Originally Posted by MrPogle

No chance of it being worth that. It will be worth comfortably less than 20k.

A nice 435i has no chance of being under £20k in 3 years. The cheapest 3 year old E92 335i with 42,000 miles on the clock is almost £25,000 on Autotrader.

The F30 is more expensive, so even if it retained the same percentage of value, it's going to be higher than that.

The cheapest current 435i M sport is almost £32,000 at 18 months old. The heaviest drop in price is the very start. It can't lose more in the next 18 months than it did in the first 18 months.

Even when I bought my 335i 5 years ago all the 3 year old M sports were over £20k. These days cars hold their values better.

[gangzoom]

Originally Posted by doughboy

It will lose well over 50% in 3 years.

My 335i was 43 list, I paid 37 new with dealer discount (BMW matched broadspeed in 2009, 15% off)

But trade in offer was 12k after 3years..

That's seems like a really low trade in offer, what context was the offer made?? IE: Were you looking at a car that they had already discounted heavily??

Deprecation is really such a killer on brand new cars, having said that we got two MY15 cars on the drive at the moment. At the end of the day we all know you can get a £500 banger and commute for next to nothing over 12 months interms of deprecation.

As long as you work out the numbers, happy with your car and aren't spending a stupid amount of your net income than all is good

[doughboy]

No I didn't sell it for 12K! I sold it privately a year later (4y) for 20K, when good ones were around 18k in 2013 (private glass's price was 18K after 4y). (335i Tourer manual).

But the GMFV was 12k after 3years, so that was what the dealer offered.

Low trade used figures don't matter if you're buying cash new and then selling private, but the very low GMFV figures means the finance cost is very high, but that's them covering their backsides.

[doughboy]

Come to think of it...

My 06 E90 330i was 33 new, but trade offer was 10K after 3 years (no one wants a manual sir)

It sold privately for 15K at 3y (2k above private book price) So the "official" private price was 13k down from 33 in 3 years.

That was a high price in comparison at the time (2009 was a price crash if you recall)

But all these cheap lease deals and discounts only serve to further deflate used prices and hurt those who didn't get a good deal in the first place.

[doughboy]

Originally Posted by Yoro35i

Maybe i can ask for european delivery for a little bit more discount, since they dont need to ship the car over right?

European delivery is a option only available to the US I think and maybe other LHD markets? Defo not the UK.

in the UK the car has to be imported by solely BMW UK to get a 3y warranty as the warranty from BMW AG is only for y1 and limited.

[djgandy]

Originally Posted by doughboy

There are 6 month old spec'd up M6 grand coupes at BMW used for 60k! That's over 40k down in a few months.

Also M5s are back on lease deals, best for 2 years, 525/m + vat 6+23

But as I said, i doubt anyone ever paid £100k for one. Palmnuts went through a couple IIRC. I thought I read that he paid around £75k for his M6 which was very well specced.

[Kerr]

Originally Posted by doughboy

Come to think of it...

My 06 E90 330i was 33 new, but trade offer was 10K after 3 years (no one wants a manual sir)

It sold privately for 15K at 3y (2k above private book price) So the "official" private price was 13k down from 33 in 3 years.

That was a high price in comparison at the time (2009 was a price crash if you recall)

But all these cheap lease deals and discounts only serve to further deflate used prices and hurt those who didn't get a good deal in the first place.

Used and new car prices are really high at the moment. It does seem to be the "list prices" are far too high. However with so many people leasing their cars these days, that doesn't end up the headline figure. My concern is the used market is going to hit saturation point soon with more people leasing new cars and less buying used.

The car market had changed a lot in recent years.

[doughboy]

Originally Posted by djgandy

But as I said, i doubt anyone ever paid £100k for one. Palmnuts went through a couple IIRC. I thought I read that he paid around £75k for his M6 which was very well specced.

Yes, some strike a bargain (perhaps car forum member / enthusiast types are more savvy than jo public), but many just pay up. Someone we know paid £115k cash/hp for a new 991 C4 - full list with options (could have had a GT3 for that) - never even thought to ask for a discount. Same as their new RRS - full list, no discount.

Originally Posted by Kerr

Used and new car prices are really high at the moment. It does seem to be the "list prices" are far too high. However with so many people leasing their cars these days, that doesn't end up the headline figure. My concern is the used market is going to hit saturation point soon with more people leasing new cars and less buying used.

The car market had changed a lot in recent years.

Yes, of course HMRC has an interest in artificially high list prices as all company car BIK tax is worked off the list price regardless of discounts applied. So mr company car pays BIK on his 45k BMW when the lease firm probably paid 30 for it. Maybe there's a back door deal between HMRC and the car makers? you scratch my back and all that?

Yes, and saturation will mean a crash in used values, it will just take a few years to filter through. Just what manufacturers want, cars to be recyled after 5 years as they have no value, making us all buy new ones repeatedly. (like TVs and washing machines)

[gangzoom]

Originally Posted by doughboy

Just what manufacturers want, cars to be recyled after 5 years as they have no value, making us all buy new ones repeatedly. (like TVs and washing machines)

I think this is the ultimate truth behind some of the massive manufacturer contributions. They NEED people to keep on buying new cars, otherwise what's all these factories that can pump out a car every 30 seconds going to be doing??

The deal I go on my Nissan Leaf is the perfect example. The 0% deposit, low monthly figures all lead to a disproportionately high 'Final payment'. Which means psychologically your want to get rid it after 2 years for a newer model.

In my present situation I have no problems with that. But the whole market seems to be driven by these deals, surely at some point they have to stop?? But than again I suspect this cycle has been going for decades.

[AlanYoro35i]

well, just specc'ed a C200 Amg saloon..for £30,300 that is £6.5k off the list price. We will keep this car minimum 10 years. Going to print the deal sheet off and go to my local dealers and ask if they can beat them tommorow

[MrPogle]

Originally Posted by Kerr

The cheapest current 435i M sport is almost £32,000 at 18 months old.

True but I was assuming that, when Yoro came to sell his, he would have done more than 6,000 miles per year and wouldn't be a BMW Franchised Dealer.

[djgandy]

Originally Posted by MrPogle

True but I was assuming that, when Yoro came to sell his, he would have done more than 6,000 miles per year and wouldn't be a BMW Franchised Dealer.

Yeah franchise prices are way higher than private. Good luck buying a brand new 435i and getting 30k for it after a year in a private sale.