Discussion
I've just put my F10 M5 up for sale. 2012 car but a full IPE exhaust and lovingly cared for. I was discussing used M5's with my local BMW dealer and he said they turn down reselling 75% of M5's they have offered to them. Most seem to be thrashed and uncared for so it's worth paying a few £k more for a sound car.
SAG6Y said:
I've just put my F10 M5 up for sale. 2012 car but a full IPE exhaust and lovingly cared for. I was discussing used M5's with my local BMW dealer and he said they turn down reselling 75% of M5's they have offered to them. Most seem to be thrashed and uncared for so it's worth paying a few £k more for a sound car.
Is that really the case? Seems surprising to me someone would spend lease a 70k car and abuse it so bad to a point it wasnt even be accept in a PX within 3 years? Wow that must be bad.
Check out the BCA website it has quite a few M5's two years old many without service history, there was one a few weeks back great spec 4800 miles no running in service had been carried out, think a lot of the sexy lease deals around two years ago did not include a service pack hence why some cars have not been cared for as stated by earlier posters
simonpa said:
Not a ploy to get away with offering peanuts for a trade in and then inflating the value when selling, of course...
BMW dealer cars are way more expensive than the independents for some reason. I don't imagine ALL of the cheaper cars have been trashed. Fair enough one or two dealers may be worth avoiding but there are some well known names selling at the £32k-£35k end of the market before you get to BMW dealers selling the same or similar at £38k+.I need to go and have a look at a few
claudereff said:
Check out the BCA website it has quite a few M5's two years old many without service history, there was one a few weeks back great spec 4800 miles no running in service had been carried out, think a lot of the sexy lease deals around two years ago did not include a service pack hence why some cars have not been cared for as stated by earlier posters
Ah, OK, didn't see this before I posted. I'll have to check.claudereff said:
Check out the BCA website it has quite a few M5's two years old many without service history, there was one a few weeks back great spec 4800 miles no running in service had been carried out, think a lot of the sexy lease deals around two years ago did not include a service pack hence why some cars have not been cared for as stated by earlier posters
There's a lot of everything showing no history - will probably be supplied or is discoverable, I doubt so many cars have never had a service.claudereff said:
... a lot of the sexy lease deals around two years ago did not include a service pack hence why some cars have not been cared for as stated by earlier posters
You're suggesting some people don't service an M5 because there's no service pack, but they can afford the repayments on a new 80 grand car? Have to call you out on that one!popeyewhite said:
You're suggesting some people don't service an M5 because there's no service pack, but they can afford the repayments on a new 80 grand car? Have to call you out on that one!
£80k we all know thats not the price in the real world secondly check with BCA I have no axe to grind but its a tad naive to think just because someone has entered into £600 per month repayment they can then afford all the extras.Edited by claudereff on Thursday 3rd March 19:56
claudereff said:
popeyewhite said:
You're suggesting some people don't service an M5 because there's no service pack, but they can afford the repayments on a new 80 grand car? Have to call you out on that one!
£80k we all know thats not the price in the real world secondly check with BCA I have no axe to grind but its a tad naive to thick just because someone has entered into £600 per month repayment they can then afford all the extras.claudereff said:
£80k we all know thats not the price in the real world secondly check with BCA I have no axe to grind but its a tad naive to thick just because someone has entered into £600 per month repayment they can then afford all the extras.
Not really sure I'd call servicing an 'extra', but maybe I'm wrong and people that buy these types of cars often do...I doubt it though.claudereff said:
£80k we all know thats not the price in the real world secondly check with BCA I have no axe to grind but its a tad naive to think just because someone has entered into £600 per month repayment they can then afford all the extras.
Most of the folk who took the cheap lease deals got the run-in service FOC. I certainly did & i know many others did. Also most of the cheapest deals were at 8k pa so only 1 paid for service likely in that time & at worst that would be £300-£400 so i don't see how those that got the cars would be unable to afford that. Edited by claudereff on Thursday 3rd March 19:56
The service information is held on the iDrive so very possible it won't have been entered into the Service book as it's held electronically. A quick VIN check with any BMW dealer would reveal if the car has been serviced or not.
George111 said:
BMW dealer cars are way more expensive than the independents for some reason. I don't imagine ALL of the cheaper cars have been trashed. Fair enough one or two dealers may be worth avoiding but there are some well known names selling at the £32k-£35k end of the market before you get to BMW dealers selling the same or similar at £38k+.
I need to go and have a look at a few
You don't suppose that's anything to do with their massive overheads ? ? ? I need to go and have a look at a few
BMW dealers will part-ex just about anything with sensible mileage, irrespective of condition if it means they can conclude the sale on a new car.
Many years ago (15+) I owned a ChipsAway franchise and serviced a BMW dealer that won the BMW dealer of the year award. Some of the cars that came in in part-ex were truly shocking.
There are loads of lease cars out there that miss their running in service and this offers their dealer trade in value, afternarket value or some lease companies refuse to take them back. I look at as a sign as neglect (and abuse) and can sympathise somewhat with the above.
BMW should have an ECU feature where the car goes into some sort of limp mode where it cant rev over 4000rpm until the car has been serviced and the limit reset by the dealer. iDrive warnings are just ignored by man sadly.
Of course 4000rpm in a 600bhp car with 7 gears still means the car can smash 120mph with ease so I am not sure if many people would actually notice lol.
BMW should have an ECU feature where the car goes into some sort of limp mode where it cant rev over 4000rpm until the car has been serviced and the limit reset by the dealer. iDrive warnings are just ignored by man sadly.
Of course 4000rpm in a 600bhp car with 7 gears still means the car can smash 120mph with ease so I am not sure if many people would actually notice lol.
SAG6Y said:
I've just put my F10 M5 up for sale. 2012 car but a full IPE exhaust and lovingly cared for. I was discussing used M5's with my local BMW dealer and he said they turn down reselling 75% of M5's they have offered to them. Most seem to be thrashed and uncared for so it's worth paying a few £k more for a sound car.
Bulls
t!They don't want them for one reason only: they can't sell them!!!!
There are not many people who would pay £30-35K for a used car with significant running costs.....but don't get me wrong, I think they make a great used buy.
I'm about to part with my baby and go again with a new one with the competition package.
Whoever gets my current car is going to get a new three year old M5!!
Huge running costs?? Apart from fuel, my M5 has cost me nothing. And only drank 1l of oil in 15k miles (which was filled for free as part of the service pack). She's done an averge of 25.5MPG in my ownership and up to 32 MPG on motorway runs. Amazing for a near 600BHP 2 tonne car. It's still on all its original MPSS tyres.
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