13,000-miler shortly for sale!

13,000-miler shortly for sale!

Author
Discussion

Beemer-5

Original Poster:

7,897 posts

215 months

Saturday 10th March 2007
quotequote all
Under 13,000 miles still.
Reduced to £33,500, no offers.
Much cheaper than current BMW UK 'approved used' cars with 3 times the mileage!!!
In a position to move the car on now.

Beemer-5

Original Poster:

7,897 posts

215 months

Saturday 10th March 2007
quotequote all
Due to far too many e mails and phone calls but far too few buyers, it's on E Bay if anyone is interested in bidding.
Cheers.


Edited by Beemer-5 on Saturday 10th March 10:20

bumcrack

977 posts

266 months

Saturday 10th March 2007
quotequote all
Not to be rude, but it's over priced, as are many

Not that many people have 33K cash and so prefer to buy from a dealer, which also comes with a bit more piece of mind and different financing options.
You’re selling privately so are not going to command dealer money without any of the benefits of buying retail

That’s the reason why your car remains unsold.

Good luck with your sale

Regards



Beemer-5

Original Poster:

7,897 posts

215 months

Saturday 10th March 2007
quotequote all
Except that it has a full factory warranty until September, MOT the same, plus MOT insurance. So it is the same as buying from a dealer anyway.

It has under 13,000 miles, which makes it one of the lowest mileage rhd examples on earth.

So i have to disagree about being over priced. It most certainly is not.
The car was £58,500 new and £33,500, in virtually as new condition, is actually a great buy.

If you don't think so, take a look at the 36,000 mile example being sold by approved used BMW for much more than i am asking.

36,000 miles---£36,000. (Might get it for £34,500 with haggling, admittedly).

12,700 miles---£33,500.

Do the maths!

doaburp

261 posts

207 months

Saturday 10th March 2007
quotequote all
If the car is as good as the description then it is certainly not overpriced. The problem when selling privately is most buyers simply do not have the cash. They rely on loans with balloon payments, its not that they would rather buy from a main dealer, its normally they have no choice.

Beemer-5

Original Poster:

7,897 posts

215 months

Saturday 10th March 2007
quotequote all
doaburp said:
If the car is as good as the description then it is certainly not overpriced. The problem when selling privately is most buyers simply do not have the cash. They rely on loans with balloon payments, its not that they would rather buy from a main dealer, its normally they have no choice.


I guess you are right mate, in general.

Anyhow, the good news is that 12 phone calls since i dropped the price, has resulted in the first person who came to see the car AND could afford it, bought it, without a second's thought.
It was excellent value at £33,500.

Gone!

May you have many an enjoyable journey in a fantastic car, mate!


bumcrack

977 posts

266 months

Sunday 11th March 2007
quotequote all
Beemer-5 said:
doaburp said:
If the car is as good as the description then it is certainly not overpriced. The problem when selling privately is most buyers simply do not have the cash. They rely on loans with balloon payments, its not that they would rather buy from a main dealer, its normally they have no choice.


I guess you are right mate, in general.

Anyhow, the good news is that 12 phone calls since i dropped the price, has resulted in the first person who came to see the car AND could afford it, bought it, without a second's thought.
It was excellent value at £33,500.

Gone!


May you have many an enjoyable journey in a fantastic car, mate!



Hadn't you better sort out the ebay auction. I thought this was your car?

http://cgi.ebay.co.uk/ws/eBayISAPI.dl






Edited by bumcrack on Sunday 11th March 16:53

Beemer-5

Original Poster:

7,897 posts

215 months

Sunday 11th March 2007
quotequote all
When i get my bank ok that the 'chaps transfer' has cleared, i will.
I have a large cash deposit already.

Beemer-5

Original Poster:

7,897 posts

215 months

Sunday 11th March 2007
quotequote all
Over £31,000 currently, only half way through the auction, with 35 people watching and 16 bids, tells me i would have got £33,500 dead easy, via E Bay.
It was superb value, overpriced would have been £37K.

BRoCceRs

3,236 posts

254 months

Sunday 11th March 2007
quotequote all
Good luck with the sale.

People will pay what they want at the end of the day. For some 30 odd grand is the world and will want to save every single penny.

Out of interest was the first owner a private individual ?

doaburp

261 posts

207 months

Sunday 11th March 2007
quotequote all
Beemer-5 said:
Over £31,000 currently, only half way through the auction, with 35 people watching and 16 bids, tells me i would have got £33,500 dead easy, via E Bay.
It was superb value, overpriced would have been £37K.



Probably not mate, 35 people watching don't mean 35 potential buyers. I have tried to sell a few cars via eBay and have always found that the first few days there is quiet a lot of bidding, then the final few days feck all. Always the same pattern people know there not going to get it for 30k or 31k but that don't stop them from having a punt.

BRoCceRs

3,236 posts

254 months

Sunday 11th March 2007
quotequote all
Good luck with the sale.

People will pay what they want at the end of the day. For some 30 odd grand is the world and will want to save every single penny.

Out of interest was the first owner a private individual ?

Beemer-5

Original Poster:

7,897 posts

215 months

Monday 12th March 2007
quotequote all
BRoCceRs said:
Good luck with the sale.

People will pay what they want at the end of the day. For some 30 odd grand is the world and will want to save every single penny.

Out of interest was the first owner a private individual ?


A premiership footballer. For whom it was a 7th car.

Beemer-5

Original Poster:

7,897 posts

215 months

Monday 12th March 2007
quotequote all
I may well get another one later, i do like them.

Beemer-5

Original Poster:

7,897 posts

215 months

Monday 12th March 2007
quotequote all
Driven away, a sad sight as it turned the corner and out of view!
:-(

vpr

3,722 posts

239 months

Monday 12th March 2007
quotequote all
Great value and certainly not over-priced.

bumcrack

977 posts

266 months

Tuesday 13th March 2007
quotequote all
Says CSL owner with an aim to keep Values high??????

sita

29 posts

229 months

Tuesday 13th March 2007
quotequote all
bumcrack said:
Says CSL owner with an aim to keep Values high??????


says a forum troll with nothing better to do than talk prices down on either Porsche or BMW! The poor guy was just trying to sell his car FFS.

The car is worth what people are prepared to pay and his fair sale proves it. And yes I am another CSL owner and am 100% happy to be driving around in a car even if you think it is overpriced.

bumcrack

977 posts

266 months

Tuesday 13th March 2007
quotequote all
sita said:
bumcrack said:
Says CSL owner with an aim to keep Values high??????


says a forum troll with nothing better to do than talk prices down on either Porsche or BMW! The poor guy was just trying to sell his car FFS.

The car is worth what people are prepared to pay and his fair sale proves it. And yes I am another CSL owner and am 100% happy to be driving around in a car even if you think it is overpriced.


Keep your hair on Mr angry, lol

It was over priced, that's why when he put the price down from £35500 to 33500 he got more calls and interest and eventually sold it for a more reasonable sum, hardly rocket science is it?

I think you should expect to pay less in a private sale than when you buy from a dealer, when you come to sell your car you’ll find this out.


Regards

sita

29 posts

229 months

Tuesday 13th March 2007
quotequote all
Don't worry mate - my hairs gone after worrying about depreciation LOL.

your comments were made after he reduced his price though Mr Scientist.

I'd agree it is a sensitive market which appeals only to the more hardcore enthusiast but he's selling in prime time (start of the trackday period), the depreciation curve is less severe now and from my experience of cars I looked at/kept an eye on, his was definitely a better sounding one.


Edited by sita on Tuesday 13th March 10:08