[330cdsport]

Originally Posted by ZiM

model year mate, it was built in 2000

edit:

here is a pic of my old teg... might sound daft considering i now have an 40 grand bmw but this was still the best car i have ever owned

What a great looking car.
I also love the Jekyll and Hyde characteristics of the engine. Drive it below 6.5K rpm and its just plain ordinary, but once you take it past the 6.5k mark - it turns into an absolute animal.

My mate had the last model Civic Type R with an induction kit, and boy did it sound good in the 6.5 - 8k rpm range. Grins all round.

[NFS]

Originally Posted by silverbmwz3

NFS - re: Zim's position I agree - that's what I was trying to get at with my question in terms of does he want that car or a D3 or whatever.

RE: Depreciation etc. I was going to put a new post up about this, e.g. If my car lists with options at 42k and I buy it for 37k, does that mean I should be able to sell it privately to someone who isn't aware of the discounts for almost what I paid for it as they will see me as taking a 5k hit on it?

Look at this car on BMW's official used car search:

http://www.bmw.co.uk/bmwuk/auc/car_d...VB320X0AV67743

£ 34,990 for a manual 330i sport on an 07 plate with just over 6000 miles

Options are Xenons, CD changer, Walnut Trim, folding mirrors, heated seats, Hi Fi, Leather and Pro Nav

Same car and spec ... brand new ... on Drive the Deal ... £ 31,065

So the new one is nearly £4k cheaper than the nearly new one.

Now ... I know that anyone buying used from the dealer will also be looking for a discount, but ... they would have to do very well to get £4K off a car that 'owes' the dealer something and isn't just new business ...

If you sell to the dealer then you will get 'trade in value' if you sell privately then people will probably expect you to undercut the dealer, maybe by a grand or so.

It's daft, but it's actually possible that you could sell used for more than you paid new.

More likely you'll take a small loss ...

The what car depreciation index reckons a stock 330i msport will drop from £32K to £22K in the first year ... which is pretty staggering.

But ... if you get £6k off in the first place then year one depreciation is more like £4K.

[peterg1965]

Great post NFS. It just goes to show! The other reason that the dealer prices it so high is that he will get an interested punter who looks at the car then sits down with the business manager to get some finance figures and then miraculously a brand new car comes out cheaper on finance! This will be due to higher residuals on brand new and a deposit contribution by BMW finance. A new registration as opposed to an AUC means more to the dealer with respect to volume bonuses etc.

I do not even wish to think about depreciation on my new 335d, it will cause me to go into manic depression. I need to condition myself to see the 3 year finance contract through to completion, then hand her back !

[silverbmwz3]

Thanks NFS. Hmmm...so maybe I can afford to sell the car and invest the money (under the floorboards until the stock market settles down a bit!)

[roofer]

Originally Posted by silverbmwz3

You are confused by my question or don't. Know the answer?

I would've thought you'd lose 4k on a well spec'd E90 the moment you drove it from the showroom nevermind after 6 months. Mine's got over 5k of options on it, I' d expect to lose much of that.

So you reckon. If you paid 37k to a dealer 6 months ago he'd offer you 33k today? I just doubt that.

I paid 31k for an ex demonstrator and have put 10k on it in 6 months, hence the 4k loss.

I would never buy a new car. The minute it comes out of the dealership, its lost £1500.

[silverbmwz3]

Ah gotcha.

I always thought that re: new cars., this was my first but I do like that brand new untouched aspect and also knowing it hasn't been ragged. I've had probs with all my ex-demos but this car has been good as gold. Look at what mikem has been doing in his car, I don't. Want to be buying that next!

[dxb335d]

Originally Posted by peterg1965

Great post NFS. It just goes to show! The other reason that the dealer prices it so high is that he will get an interested punter who looks at the car then sits down with the business manager to get some finance figures and then miraculously a brand new car comes out cheaper on finance! This will be due to higher residuals on brand new and a deposit contribution by BMW finance. A new registration as opposed to an AUC means more to the dealer with respect to volume bonuses etc.

I do not even wish to think about depreciation on my new 335d, it will cause me to go into manic depression. I need to condition myself to see the 3 year finance contract through to completion, then hand her back !

hand her back and do it all over again???

Carlos

[dxb335d]

Originally Posted by silverbmwz3

Ah gotcha.

I always thought that re: new cars., this was my first but I do like that brand new untouched aspect and also knowing it hasn't been ragged. I've had probs with all my ex-demos but this car has been good as gold. Look at what mikem has been doing in his car, I don't. Want to be buying that next!

wheres the vids of mike abusin his?

a brand new car mate, does not garuntee at all it aint ben ''hammered'' for its very new 3-5 miles etc!

it also does not garuntee it hasnt been involved in a smack either. But i do know what your saying, nothing like the feeling of having a BRAND new car

Carlos

[roofer]

Originally Posted by silverbmwz3

Ah gotcha.

I always thought that re: new cars., this was my first but I do like that brand new untouched aspect and also knowing it hasn't been ragged. I've had probs with all my ex-demos but this car has been good as gold. Look at what mikem has been doing in his car, I don't. Want to be buying that next!

I understand the reasons for buying new, but being an inherently tight bastard, i won't

I also get a better general service regarding warranty claims, down to dealer relationship, so never worry.

My replacment next year has been ordered.....as the first used one in the country.

[peterg1965]

Originally Posted by dxb335d

hand her back and do it all over again???

Carlos

Hand her back and hope my 'Daddy' buys me a new one

[squeezebm]

Originally Posted by roofer

I understand the reasons for buying new, but being an inherently tight bastard, i won't

I also get a better general service regarding warranty claims, down to dealer relationship, so never worry.

My replacment next year has been ordered.....as the first used one in the country.

I Love ALPINAS

did anyone find Out if ZIM was skint then ??

[BC4J]

Originally Posted by silverbmwz3

Ah gotcha.

I always thought that re: new cars., this was my first but I do like that brand new untouched aspect and also knowing it hasn't been ragged. I've had probs with all my ex-demos but this car has been good as gold. Look at what mikem has been doing in his car, I don't. Want to be buying that next!

Agreed. I've alternated between new and used in the past. Working in corporate world, I know how my colleagues treat their company cars, e.g. like inmates on Devil's Island. They take preverted (well I did live in the Deep South for a while!) pleasure in knowing that some poor sap will be on the receiving end of their abuse once they offload what's left of it. I went new this time, not regretted it and will take the inevitable depreciation hit. C'est La Vie!:rocks:

[NFS]

Originally Posted by roofer

I paid 31k for an ex demonstrator and have put 10k on it in 6 months, hence the 4k loss.

I would never buy a new car. The minute it comes out of the dealership, its lost £1500.

In theory 'nearly new' should be cheaper, precisely because of this ..

Problem is that BMW dealers are offering 'nearly new' at grossly inflated prices and at the moment brokers are getting 15% discounts on new e90's.

I tried to buy a 'nearly new' 330i msport which was on for £32K. The dealer absolutely refused to negotiate .. It was bizzare.

In the end my new car was cheaper.

[booforty]

B3 is lovely but its crying out for blacklines. That's got to be your first mod...

[mjh93sa]

Originally Posted by beauforty

B3 is lovely but its crying out for blacklines. That's got to be your first mod...

Every E90/1 should have them.

My car better have them fitted (and a torch) when I pick it up

[booforty]

All hell will break lose if the torch is missing!!

[mjh93sa]

If the torch is missing I'll set Sergei on them!

[peterg1965]

Should that be the first question I ask the stealer, 'where is the f*****g torch? show it to me .....'

[booforty]

Originally Posted by peterg1965

Should that be the first question I ask the stealer, 'where is the f*****g torch? show it to me .....'

Might not be the best way to begin the handover!

[vivekk]

Originally Posted by mjh93sa

If the torch is missing I'll set Sergei on them!

Originally Posted by peterg1965

Should that be the first question I ask the stealer, 'where is the f*****g torch? show it to me .....'

Sergei is ready & waiting!



Viv