fresco1 Posted January 27, 2008 Report Share Posted January 27, 2008 Sagely piece of advice: it's only worth what you can get for it. Link to comment Share on other sites More sharing options...
D1MAC Posted January 27, 2008 Report Share Posted January 27, 2008 [ QUOTE ] People might not necessarily pay more for any extras on a secondhand car car BUT it makes it a damn sight more desirable on the secondhand market! [/ QUOTE ] Some do some don't, it depends on what really. As an example, air-con on the previous Civic Type R will be worth 50%-100% of the original cost but you could also have spent £2-£3k on leather & sat-nav and it would be worth £500 extra tops. On the other side of the argument, some of the mid to high level germans are cost neutral or worse on those two options, even if a £200 TomTom or Garmin does a better job. [ QUOTE ] Miles v age? Standard question. Here is MY answer - I would rather buy a high mileage young car than an older car that's done 8K per year. Why? because I know it has been used and at that amount of miles - well looked after (mechanically). It's been sitting on the motorway all day long - cruising. Perfect. And they are cheaper because people haven't got a clue. Over 100K miles , the engine will just blow up as soon as it hits 100,0001!!! Obviously. [/ QUOTE ] Mostly agree with that but it isn't always true. It's as much about who has been driving it as the mileage. Motorway miles are great if you know that the prev owner(s) have been sensible in terms of letting the engine warm before subjecting it to all those miles and potential hassle. However, if the previous owner lived a couple of miles from a m-way, ragged it there, hammered it to get up to speed and then gave it 90mph load while still quite cold then it isn't quite so clear cut. Rightly (sometimes) and wrongly (often), 100k is still a barrier. I suppose it's a bit like Ferguson & Wenger preferring young players to those who are hovering about 30+. If you can live with the fact that generally there is a much lower sell on value and that makes sense in terms of real world £ depreciation then you can get a bargain. It also depends on the make of car you are buying - Germans & certainly Honda (and most likely Toyota & Volvo - dunno about Subaru & Mitsu and certain others) the you can feel pretty confident. Some of the others can be hit & miss - I've had two Vx's, one of which was still strong(ish) at 200k and another which was useless. I've also had a Rover (and know others who have been in the same boat) that felt decidedly ropey @ 100k. However, you always have to remember that at that kind of mileage, certain parts are giving up the ghost. They can be expensive(ish) and that (along with resale value) is why Mr & Mrs Ordinary don't like them. As for pictures & No of owners - funny call really, IMO. I know where you are coming from in terms of honesty but at the same time, it's a mental thing and doesn't inspire confidence. I've been to dealers and seen £20k plus cars in a relatively manky state and it just doesn't inspire confidence to buy if a used car has been bashed a bit, unless the price is cheap and the movement is potentially good. 330dC - Only thing I can suggest is to take it to a few dealers and get a view of what they will take it off your hands for. Add £1000 - £1500 and be prepared to knock £500 - £750 off - times are 'ard at the moment and unless your are desperate to buy something else then you might have to accept a bit less or keep hold of the BM. It could be worse, the replacement will loose £3-5k per year and I would bet that the BM is worth more than £5k in two years time. Link to comment Share on other sites More sharing options...
garcon magnifique Posted January 27, 2008 Report Share Posted January 27, 2008 Wrong time of year, uncertain financial outlook, high miles, too dear, crap advert. (Sorry if that sounds brutal). Right now in the trade I would expect that to change hands for 10-11k tops. Yes, that's below book. (Er, ditto). Edit: Didn't realise it was a manual. Try it at £12k and you might get somewhere. Link to comment Share on other sites More sharing options...
steelwind101 Posted January 28, 2008 Report Share Posted January 28, 2008 Also, alot we just had a huge amount of credit, most people who wanted a good car already have it costing them a bomb. Is there much of a market for you used high miler? No one thinks more of themself or there possession then you the owner! To everyone else its just *another* BMW 3 series for sale for too much money from someone who thinks worth more. Link to comment Share on other sites More sharing options...
alera Posted January 28, 2008 Report Share Posted January 28, 2008 I think this is a pretty common situation. We always think our cars are worth more than they actually are on the used market...... You cant look at a car at a franchised dealer or eve non franchised and think you can get anything like the same sort of price on a private sale. Also remember its expected to haggle; I got £4 - £5 k off the last couple of cars I purchased circa £30K + from dealers..... Its actually quite difficult to sell cars privately these days, its normally much better to go for a decent trade in my experience. Buyers on the private market have little or no come back, fraud is rife, its much more hassle and risk buying privately. You can knock at least 10% off the price a similar car is going at a dealer in my experience selling privately (depends on car and price of course). Also as has already been said November to March is the worst time to be selling a car. Add in the poor financial outlook. On your situation, high miles kills resale values and limits the market you are selling too, again this has to be taken into consideration..... I think you get pretty good feedback on this forum. Many of use change cars frequently and have a good understanding of the used market. The simple fact of the matter is if your car is sitting on the market for a number of weeks, ifs its being marketed corectly (as already discused, good pictures, description, cars clean outside and in etc) its not correctly priced. The market always finds the correct level. I will add in the cardinals of marketing cars.... Autotrader, ebay, local papers, pistonheads, compucars, loot, exchange and mark etc etc in that order of desperation.... If the cars right and its priced correctly you should have no problems selling it really as its a desirable motor.... Link to comment Share on other sites More sharing options...
theduisbergkid Posted January 28, 2008 Report Share Posted January 28, 2008 [ QUOTE ] Wrong time of year, uncertain financial outlook, high miles, too dear, crap advert. (Sorry if that sounds brutal). Right now in the trade I would expect that to change hands for 10-11k tops. Yes, that's below book. (Er, ditto). Edit: Didn't realise it was a manual. Try it at £12k and you might get somewhere. [/ QUOTE ] Harsh but true. Something is worth what a buyer is prepared to pay. Why not hang on to it for a month or two, and try again with a better pitch. Link to comment Share on other sites More sharing options...
Soapsuds Posted January 28, 2008 Report Share Posted January 28, 2008 ....or just keep her and run her into the ground! It will eventually hit a bottom price in a few years time and that depreciation curve will really flatten out. Enjoy it for what it is, ignore the mileage on the clock and just enjoy it. Unless of course, you NEED to sell it. Then that is a different story and if you are in that position, you need to take a punt on the price - drop £1k off to accept c. £12k. Link to comment Share on other sites More sharing options...
Ari Posted January 28, 2008 Report Share Posted January 28, 2008 I'm with Shark on this one. Whatever the facts regarding mileage, you're dealing with buyer perception. And buyer perception is that 100,000 miles is a lot. They'll still buy it, but they'll expect to steal it. Link to comment Share on other sites More sharing options...
drpellypo Posted January 28, 2008 Report Share Posted January 28, 2008 Where you selling it mate, up here, or down south? There's no way you'll get that money for it in Newcastle. Down south, maybe, but it's a bad time to sell a car anyhow, and your price will need to reflect that. Link to comment Share on other sites More sharing options...
gizze Posted January 28, 2008 Report Share Posted January 28, 2008 The fact it is a manual is the killer mate. I didn't realise that, it is a very limited market, I would guess out of 10 buyers 1 will want a manual 330d, I know that is the sort of ratio on new cars, maybe used it is slightly different. 3 weeks in January is hardly a long time though to be fair. Link to comment Share on other sites More sharing options...
Calm Chris Posted January 28, 2008 Report Share Posted January 28, 2008 BMW 3 Series 330Cd Sport 3.0TD Diesel 2-door Coupe 6 Speed Manual Rear Wheel Drive Year: 2004 54 Mileage: 96,000 Part-exchange Price: Excellent condition: £11800 Average condition: £10600 Below average condition: £9440 BMW 3 Series 330Cd SE 3.0TD Diesel 2-door Coupe 6 Speed Manual Rear Wheel Drive Year: 2004 54 Mileage: 96,000 Part-exchange Price: Excellent condition: £10700 Average condition: £9640 Below average condition: £8580 Glasses guide doesn't list an 04 Cd M Coupe, the above being the varients accessable via the Vauxhall promo link here --> Glasses guide (p/ex figures) In honest answer to the reason it won't sell, there's no one thing- it's a combination/ * Out dated model and engine * Mileage * Manual gear box * Very high mileage for year * Priced £1500 too high (even accepting the spec is A+) * Time of year * Sub prime / recession / loads of worry for average joe As mentioned before by others I think you need to market the car a bit better and consider revision of price. Link to comment Share on other sites More sharing options...
Calm Chris Posted January 28, 2008 Report Share Posted January 28, 2008 Having looked at you advert, it's way too basic. I'd suggest Full set of pictures, all panels, all wheels with enlargement feature. So what's good about the car, you don't say anything? * Always does XYZ mpg * Immaculate interior ? * Sat Nav updated ? * Body work ? * Tyre condition (and wheels)? * Number of service stamps, BMW and or 3rd party * What the service indicator currently says and the next service due / type information * Body condition? Mention stone chips if there are any, if there's not mention that even more * Owner type (lovingly care for, megs polish every month etc) * How long you have owned it and thus can vouch for the car * Any HPi traceable negative issues ( a potential owner will walk if they 'discover' something you haven't mentioned). * No accident damage * Inspection welcome * Cost when new and or what you paid for it * Reason for sale * Suggestion of ono or ovno Good luck. Link to comment Share on other sites More sharing options...
330dcoupe Posted January 28, 2008 Author Report Share Posted January 28, 2008 Hello chaps, Thanks for all your advice - I've started considering trading it in and get the best deal for it that way. I've just emailed a dealership regarding a SEAT Ibiza Cupra TDI (160bhp) and see what he will offer in part-ex. I still haven't dropped the Cooper S idea - but having seen how much it's costing me to commute at the moment, in a Diesel, has got me looking at another diesel! (I'm sure my mind will sway, at least another 10 times, from now. ) A BMW in Auto guise is only half the fun, IMO you can only properly enjoy a decent engined BMW in Manual - so here's hoping there's more people out there that think the same. Link to comment Share on other sites More sharing options...
garcon magnifique Posted January 28, 2008 Report Share Posted January 28, 2008 Actually, I've always thought BMW are the best out there at making an automatic live up to the wants of a driving enthusiast. Especially as you suggested higher up you haven't really got time to sell it yourself, I really would look at what kind of deal you can get px. In the current market I'd say the extra few hundred quid you might get in a private sale really isn't worth the extra hassle over a nice and simple px deal. Link to comment Share on other sites More sharing options...
gizze Posted January 28, 2008 Report Share Posted January 28, 2008 You will not get offered over £10k for that car, at 96k it will go through auction. Just do a nice advert and get it up for £12950 and get it sold. Selling cars is easy if you do it right, I just put my 120d M-Sport up at top dollar and have sold it straight away and someone else waiting in case it falls through. The week before and over christmas I got nothing, but the first week back after Christmas and I got loads of enquiries. 10 people telling me the spec was worth nothing and the car was only worth £15k at most and 3 people saying they have been looking for that actually has some spec. on it! Just tell the ones who say spec means nothing to go and buy a car with no spec. for £2k less. My advert..... [ QUOTE ] I am going to list the spec from the BMW website, some of it is standard some of it options..... Vehicle configuration - Option code - Price 120d M Sport 5-door £23,705.00 Colour, interior and alloy wheels Leather Boston Black (Part of M Sport Package) LWSW £965.00 Black Sapphire (Part of M Sport Package) 475 £440.00 M double spoke style 207M 7J/7.5J x 17" Just fitted with Falken FK452 tyres (mobility kit included) Transforms the ride comfort and handling compared with the run flats. Editions & Packages M Sport Package 337 Optional equipment Automatic Gearbox 205 £1,460.00 BMW Prof Radio/CD 663 £145.00 Hi-Fi Sys Prof DSP 677 £710.00 Auto-Dim Int + Ext Mirror 430 £215.00 Xenon Headlamps 522 £560.00 Headlamp Washer System 502 £185.00 Storage Compartment Pack 493 £90.00 Auto Light Activation 521 £85.00 Sports Seats (Part of M Sport Package) 481 M-Sports Suspension (Part of M Sport Package) 704 M Steering Wheel (Part of M Sport Package) 710 M-Aerodynamic Bodystyling I (Part of M Sport Package) 715 Anthracite Headlining (Part of M Sport Package) 775 High Gloss Shadow Line (Part of M Sport Package) 339 Aluminium Silver interior trim (Part of M Sport Package) 4MG Front Foglamps (Part of M Sport Package) 520 Park Distance Control (PDC) Rear 507 Standard ISOFIX Child Seat System 470 Front Centre Arm Rest 473 Automatic Air Conditioning 534 Standard Extended Interior Light Package 563 Standard Price information Total price Total £28,635.00 It also has the full service and maintainance package till Jan 2011 or 60k miles, whichever comes first. Which was £1300. The car has covered 24k miles. £16950 O.N.O I have also fitted a flip up nav system, this is from www.gpstar.de and is the Navigon system which is awesome! I will transfer this to the new car and put the BMW storage tray in, or I can leave it in the car. I am not taking offers at this price, this is for a quick sale, there are no auto M-Sports out there with any spec. £16950 [/ QUOTE ] Link to comment Share on other sites More sharing options...
962C Posted January 28, 2008 Report Share Posted January 28, 2008 [ QUOTE ] 10 people telling me the spec was worth nothing and the car was only worth £15k at most [/ QUOTE ] people actually called you to tell you that? idiots. At least listing the FULL spec stops people calling asking 'has it got factory nav?' like they always seem to on german stuff. Link to comment Share on other sites More sharing options...
330dcoupe Posted January 28, 2008 Author Report Share Posted January 28, 2008 Where did you advertise that? My add does seem naf, but apparently, the text on there at present, was all that was granted for him - and that's for £100! (Autotrader web advert and throughout UK Autotraders for 1 month) Link to comment Share on other sites More sharing options...
winrya Posted January 28, 2008 Report Share Posted January 28, 2008 I just paid £19.95 for 2 weeks on autotrader website. It allowed me 1500 characters and 9 large pictures. Sold the missus ka in 4 hrs Link to comment Share on other sites More sharing options...
techieboy Posted January 28, 2008 Report Share Posted January 28, 2008 Just out of interest, does anybody actually buy the "paper" version of Autotrader anymore? I used to see it everywhere but rarely spot it these days. Last time I looked at a real copy is was just too much like hardwork wading through all of the dealer ads and seemingly random scattering of cars. Link to comment Share on other sites More sharing options...
alera Posted January 28, 2008 Report Share Posted January 28, 2008 Do you have it on ebay ? And local press ? It has to be well presented previous posters pics and examples of the descrption are a good case in point. If you are keen on selling it fast find the nearest comparable example mileage wise and take £500 - 1k off. Really surprised at the cost of autotrader these days.... For me its almost always better to trade in, with a trade in + cash I almost always end up getting more than the private sale value without the risk and hassle... I got well over book on my last trade in, I only lost around £400 on that car in 2 years.... Link to comment Share on other sites More sharing options...
patently Posted January 29, 2008 Report Share Posted January 29, 2008 [ QUOTE ] Just tell the ones who say spec means nothing to go and buy a car with no spec. for £2k less. [/ QUOTE ] Spot on! Link to comment Share on other sites More sharing options...
Teacake Posted January 29, 2008 Report Share Posted January 29, 2008 [ QUOTE ] [ QUOTE ] Just tell the ones who say spec means nothing to go and buy a car with no spec. for £2k less. [/ QUOTE ] Spot on! [/ QUOTE ] Exactly. When I was selling my Audi S8, I got loads of people saying "But I can get a 2.8 fwd for two grand less..." If you think that's what you'd like, go buy one, then. Link to comment Share on other sites More sharing options...
330dcoupe Posted January 29, 2008 Author Report Share Posted January 29, 2008 [ QUOTE ] [ QUOTE ] [ QUOTE ] Just tell the ones who say spec means nothing to go and buy a car with no spec. for £2k less. [/ QUOTE ] Spot on! [/ QUOTE ] Exactly. When I was selling my Audi S8, I got loads of people saying "But I can get a 2.8 fwd for two grand less..." If you think that's what you'd like, go buy one, then. [/ QUOTE ] I had a young lad come around with his old man last week to have a look at it; The kid loved the car and really wanted it, but his old man kept mentioning the number of previous owners it had. I had no problems with him haggling, but when the kid turned around, and said that the number of previous owners will have a detrimental effect on the price when selling it on in a year or so time, that's when I really got mad. The kid was banned from driving and was due to get his license back in a months time - and they were local - I don't think I would have sold my car to them, even if they offered me the right price. I'd hate to see one of my old cars treated like a piece of sh*t by some 'spoilt' (Asian ) kid! Link to comment Share on other sites More sharing options...
gizze Posted January 29, 2008 Report Share Posted January 29, 2008 I put my ad on pistonheads, no where else. I didn't really want to sell it to be honest, if I had I would have put it on Autotrader online for £15 as well. But as it happened I got loads of enquiries and it sold. A new shape 330d coupe with nav will still cost you £35k used, so yours being an old shape means nothing, the gap in price is so huge no one looking at yours is going to say 'you know what, I will find the extra £22k and buy a new one'. Just get a decent advert up and it will go mate. And if anyone mentions owners say that it is priced accordingly already, if it were 2 owners it would be nearer £15k, in 3 years time it won't make as much difference maybe £500, so better to save £2k now rather than loosing £1500 on a 2 owner £15k version when it comes time to sell. Link to comment Share on other sites More sharing options...
patently Posted January 29, 2008 Report Share Posted January 29, 2008 [ QUOTE ] 'you know what, I will find the extra £22k and buy a new one' [/ QUOTE ] Link to comment Share on other sites More sharing options...
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