Friend selling his BMW need help pricing

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LiE

LiE

LiE

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So my friend is selling his car, he wants to price it to sell as he's be offered a good price on another BMW from his dad's mate.

The car he's selling is 325i SE saloon petrol auto 49000 miles 05 plate. I was thinking about £9,000 but thought I'd ask here first (probably a good thing as I'm not the best at these things).

For those who are interested he's been offered a 08 330d M Sport 19k on the clock - £15k

Thanks
 
I assume the dad's mate has had a stupidly low trade px value given on his 330d hence the willingness to sell so low. (WBAC anyone?)

If nothing is wrong with it then that is well worth it.

Short of accident history or really poor condition, I can't see anything being wrong with it as it will have surely been fixed under warranty?
 
[TW]Fox;18372291 said:
What's wrong with the 330d he has been offered as that's far too cheap.
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Exactly what I said, but he's adamant that the car is fine.

I'll mention to him about extending the warranty for £500, seems like a no brainier.

Any ideas on what he should price his car to sell?

Thanks
 
To be honest the best point at which to buy a more modern BMW is a point where the mileage and age is at a point where you can simply buy the official BMW warranty in its comprehensive form for about £500.

This means a 2007-2008 car with less than 60k on the clock, remaining with less than 60k on it for the majority of your ownership time.
 
OK so his dad's best mate decided not to sell in the end, but he still fancies a change.

With a budget of £17k he's considering a 2007 335i. I said I would ask here for some advice/opinions on this model and in particular one he has spotted in his budget.

Also, what is the main difference between SE and M Sport?

Here's the one he has found - http://www.autotrader.co.uk/classif...ge/1/keywords/335i/postcode/mk181lq?logcode=p

Thanks
 
Just been having a look and a lot of 2007 335i's are 19-20k. This one seems cheap.
 
The E92 Coupe in higher trim levels is a VERY options sensitive car. This car has no navigation and no 19 inch wheels. This instantly removes £3000 - yes, THREE THOUSAND QUID - from the value of the car. To get book on a 335i, you need 19's and Nav. £1k off with no 19's, and £2k off without Nav.

This one is also an SE, which is less desireable than an M Sport, which explains its price.

It is also a 2007/07 plate car. This is a pre efficient dynamics model which does 29 mpg combined and sadly falls into the £445 a year tax bracket. the 57 plate onwards cars are more fuel efficient and in the £245 a year tax bracket.

On a 335i, M Sport only adds bodykit, wheels and dark headlining with sports steering wheel and M badges all over the place - the rest of the good stuff about an M Sport is also standard fit on a 335i SE. If you like the looks, the SE represents excellent value for money over an M Sport.

The important thing with a 335i is to ensure you buy a low mileage car because a warranty is CRUCIAL on these. They have a significant design flaw with the high pressure fuel pumps - BMW North America now warrant them for, I think, 10 years - but BMW UK don't, so no warranty and you are on your own. Very complicated cars, nothing is cheap to fix, so take advantage of the BMW warranty if you want one of these.
 
First one has poor spec and the low mileage is keeping the price up.

Second one has good spec and the aerokit as well, which looks fanastic.

I'd probably want to add another 2-3k to the budget though and get a newer ED model. £18k is a lot to pay for a car that'll be 5 years old this year..
 
Out of interest, what is different on the BMW Warranty pre-60000 and post-60000? Is it just price or do they stop covering some things?

I did hear about a little trick you can use though if you have a car that's under 60k miles and you pay monthly for the warranty, even when it ticks over 60k miles you still pay the lesser amount. Not sure if it's true/if that loophole has been fixed though.
 
Gaygle said:
Out of interest, what is different on the BMW Warranty pre-60000 and post-60000? Is it just price or do they stop covering some things?
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The price effectively doubles and I beleive they begin to get fussy about what is and isn't wear and tear - things like suspension are, apparently, no longer covered.

I did hear about a little trick you can use though if you have a car that's under 60k miles and you pay monthly for the warranty, even when it ticks over 60k miles you still pay the lesser amount. Not sure if it's true/if that loophole has been fixed though.
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I've also heard this and I've tried to clarify it but got nowhere. I beleive it's a misunderstanding - people think they are getting some sort of deal by taking out a monthly policy at 59k miles and then a month later they dont pay any more for it. Which is true, but then it's also true if you pay it up front at 59k miles - either way you end up with a year at the sub 60k price?

It might be the case that the monthly payment is just that - a monthly policyrather than the annual policy paid monthly - meaning you continue at the rate you were when you started until you sell the car. This would be very good if it was the case but I've not been able to find out whether it is or not.

As a result I'm planning on 40k miles or so or less simply to enable enough warranty coverage - about 3 years - before I'd need to go aftermarket.
 
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http://www.forums.m3cutters.co.uk/showthread.php?t=25972

This seems to suggest its true and that not only do you keep the sub 60k warranty prices, you keep the terms and conditions as well, so you retain suspension cover :eek:

Wow - awesome. So buy up to 59k, take it monthly and there you go?

The only issue seems to be that they are entitled to change this at any time in the future so it shouldnt be relied upon...

This is great news if true, I'd much rather buy a 58/09 with 55k than a 57/08 with 30-40k.
 
He's swaying towards the low mileage one purely because of how low it is. His logic is that it won't be long before the 47k mileage one is on 60-70k while the 15k one will be around 40k. I guess it comes down to resale value, because 60-70k to me isn't much on a modern car that's fully serviced and in warranty.
 
Lets put this in perspective here.

He is swapping his 2005 325i for a car that, performance and looks aside, is fundamentally identical to his current car. Same interior, etc etc. His car and £10k for another car mostly the same thats only a year newer.

Does he really think that makes sense?

I can't see the logic.
 
Looks and performance are quite high on the list of reasons for the change.
 
It's still a huge amount for a car that a lot of the time is fundamentally the same.

It would make more sense if it was a loaded M Sport I guess but an SE with no Idrive?
 
Appreciate the feedback, I'll pass it along. I'm sure he will be happy with whatever he ends up, even if it's s lower spec low mileage example :p
 
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