M6 gran coupe price check please

M6 gran coupe price check please

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Discussion

turboman786

Original Poster:

1,052 posts

186 months

Thursday 12th November 2015
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I've been offered an m6 gran coupe as follows

13 reg
40k miles
1 owner
Silverstone with black leather
Still under warranty and fbmwsh
Car is as new condition wise

It's a private sale and it's difficult to gauge price as most are within the AUC network where prices are obviously kept strong by the dealers

What's a sensible price for this car in a private sale? Spec wise it's pretty standard

pvogue

628 posts

113 months

Thursday 12th November 2015
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£46-48k

cgauk

166 posts

127 months

Friday 13th November 2015
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There was one of the same kind of spec on autotrader a week or two ago for £43495


turboman786

Original Poster:

1,052 posts

186 months

Friday 13th November 2015
quotequote all
£43.5 looks very cheap for the car above....did it sell?

The cheapest auc car is £55k albeit with very low miles...

Perhaps I should make a cheeky bid of 43k....although I anticipate the seller will be wanting closer to 50k!

IATM

3,778 posts

146 months

Friday 13th November 2015
quotequote all
turboman786 said:
£43.5 looks very cheap for the car above....did it sell?

The cheapest auc car is £55k albeit with very low miles...

Perhaps I should make a cheeky bid of 43k....although I anticipate the seller will be wanting closer to 50k!
50k is way too much. the trade values on these are quite low.
I would think 43k is a very fair offer. I wouldnt even offer that much. I know the cheapest right now available is 55k but there has been 2 or 3 over the last 6 months I have seen with very low millage around 10-15. 63 plates/14 plate. Nice colour combos and one was prices at 51k the other dealer one at 52k. I am sure there was easily couple of k movement in those prices too.


Wills2

22,661 posts

174 months

Friday 13th November 2015
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It difficult to gauge, the car was always subject to heavy 20k discounts so a basic car (looks like yours is?) would have been 70-75k. AUC dealers probably have 5-7k across a car (depending on how they bought it in) so I would look to pay/offer mid 40's.






cgauk

166 posts

127 months

Saturday 14th November 2015
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I assume it sold - it was on there maybe 2 weeks

I also assume the seller was trading it in and tried selling it privately for a bit over the trade in value that they'd been offered - hence the low price

maybe the seller is on here somewhere..


turboman786 said:
£43.5 looks very cheap for the car above....did it sell?

The cheapest auc car is £55k albeit with very low miles...

Perhaps I should make a cheeky bid of 43k....although I anticipate the seller will be wanting closer to 50k!

Helicopter123

8,831 posts

155 months

Saturday 14th November 2015
quotequote all
£43k about right. The used market for these is still very very thin. Anyone looking to finance a used example will most likely get a new one for similar monthlies with all the support chucked at them.

Epic car mind.

msdes123

164 posts

139 months

Sunday 15th November 2015
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Helicopter123 said:
£43k about right. The used market for these is still very very thin. Anyone looking to finance a used example will most likely get a new one for similar monthlies with all the support chucked at them.

Epic car mind.
Putting the discounted price of a new car on the 0% finance may give an equivalent monthly repayment to a 18m old approved used car on their 10% APR PCP finance deal but either way you cut it you are taking on an a huge depreciation hit.

I put a very small deposit in at the start as the finance deal was 0%. The WBAC value of my car 12m in now would have me sitting on a negative equity catastrophe of biblical proportions on the outstanding finance balance if I needed a quick out now. As has been said its an epic car to drive and transport wife and 2 kids around in so I'm fortunately still in it for the long haul but god forbid anyone wanting to get out after 12m of ownership.

On a similar theme I toyed with an i8 when I was thinking of the purchase of the m6 but about 12/18m ago the build wait was ages, no discount or finance offer and the handful of cars for sale on pistonheads had a 20-30K mark up on the list price. Notice now that there are quite a few available on BMWs approved website with prices down to 80K and I note a new car is now available with a discount off list and a 3.8% BMW finance offer, so I presume not as good sales as was initially projected or hoped for? If you bought one of those inflated price cars 18m ago your depreciation hit would almost be reaching M6 levels by the look of it.

IATM

3,778 posts

146 months

Thursday 19th November 2015
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looks like its up for sale again

http://www.autotrader.co.uk/classified/advert/2015...

and this ones been reduced by 2k

http://www.autotrader.co.uk/classified/advert/2015...



Edited by IATM on Sunday 22 November 19:37


Edited by IATM on Sunday 22 November 19:37

Lostprophet

2,549 posts

168 months

Sunday 22nd November 2015
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lovely place.. Ochiltree place smile