I8 values in free fall....Why?
Discussion
there must be 1000+ registered by now (howmanyleft showed this many by q3 2015 - more likely 1200 by q1 2016).
given about only 50 are for sale, that's a pretty low resale rate for this type of car. also, as most of these look like they are dealer demos / stock, that means very few actual customer cars are up for sale.
Points to a pretty happy group of owners....
given about only 50 are for sale, that's a pretty low resale rate for this type of car. also, as most of these look like they are dealer demos / stock, that means very few actual customer cars are up for sale.
Points to a pretty happy group of owners....
isleofthorns said:
there must be 1000+ registered by now (howmanyleft showed this many by q3 2015 - more likely 1200 by q1 2016).
given about only 50 are for sale, that's a pretty low resale rate for this type of car. also, as most of these look like they are dealer demos / stock, that means very few actual customer cars are up for sale.
Points to a pretty happy group of owners....
I would say it points to the fact that most were leased or on PCP deals - are there that many people who really walk in to a dealership and hand over / transfer £100K of their own hard earned on a BMW?given about only 50 are for sale, that's a pretty low resale rate for this type of car. also, as most of these look like they are dealer demos / stock, that means very few actual customer cars are up for sale.
Points to a pretty happy group of owners....
It will be interesting to see what happens when those cars come on to the market en masse at the end of their contracts
isleofthorns said:
there must be 1000+ registered by now (howmanyleft showed this many by q3 2015 - more likely 1200 by q1 2016).
given about only 50 are for sale, that's a pretty low resale rate for this type of car. also, as most of these look like they are dealer demos / stock, that means very few actual customer cars are up for sale.
Points to a pretty happy group of owners....
And i'm one of that group..... given about only 50 are for sale, that's a pretty low resale rate for this type of car. also, as most of these look like they are dealer demos / stock, that means very few actual customer cars are up for sale.
Points to a pretty happy group of owners....
daemon said:
are there that many people who really walk in to a dealership and hand over / transfer £100K of their own hard earned on a BMW?
I know of at least one - me! I hate PCP'ing cars when there is money in the bank to buy one. Unless it's 100% interest free and still get a healthy discount. No such thing as a free lunch however. K2MDL said:
daemon said:
are there that many people who really walk in to a dealership and hand over / transfer £100K of their own hard earned on a BMW?
I know of at least one - me! I hate PCP'ing cars when there is money in the bank to buy one. Unless it's 100% interest free and still get a healthy discount. No such thing as a free lunch however. purpleperil said:
K2MDL said:
daemon said:
are there that many people who really walk in to a dealership and hand over / transfer £100K of their own hard earned on a BMW?
I know of at least one - me! I hate PCP'ing cars when there is money in the bank to buy one. Unless it's 100% interest free and still get a healthy discount. No such thing as a free lunch however. Sam All said:
Explain how it will become expensive with BMW warranties and such.
The oldest cars are coming up to 2 years - thats 1 year of included warranty left. Battery tech on cars is well known for being expensive which is why some manufacturers are offering extended warranties as standard to address fears. Its also a car that is more complex than a normal BMW as it has both traditional components and the new stuff. It might be a factor and people are selling now while they can sell with warranty.My personal take is its a BMW and as good as they may be you still queue up next to a 116d owner at the garage and they want to engage in conversation as they feel you both have the same interests. I may be a snob in that regard but its why I'm moving away from the brand.
I suspect they'll be like the Audi R8 and float around the 45-65k bracket forever if looked after so buying when they hit sub 70k could be a smart place if you really want one.
JonV8V said:
Sam All said:
Explain how it will become expensive with BMW warranties and such.
The oldest cars are coming up to 2 years - thats 1 year of included warranty left. Battery tech on cars is well known for being expensive which is why some manufacturers are offering extended warranties as standard to address fears. Its also a car that is more complex than a normal BMW as it has both traditional components and the new stuff. It might be a factor and people are selling now while they can sell with warranty.JonV8V said:
My personal take is its a BMW and as good as they may be you still queue up next to a 116d owner at the garage and they want to engage in conversation as they feel you both have the same interests. I may be a snob in that regard but its why I'm moving away from the brand.
I brought this up on the Ferrari read M3 with poor paint job thread. BMW prices now span £14,000 to £100,000+. Once you get into those premium sorts of prices i think its hard to justify doing so with a "regular" 5/8ths car brand. I guess the justification with the i8 is that its something very different. But you're completely right. You're there with your i8 and sitting beside the riff raff with their 1 series. I noticed it when i bought my Alfa v6 some years ago from an Alfa dealer. All very well Alfa pushing itself as a "premium" brand but at the time the dealership had FIAT also, so you ended up, come service time, sitting in a portacabin waiting on your car to be serviced with weirdos in Fiat Puntos. Not the image of Alfa ownership i was sold.JonV8V said:
I suspect they'll be like the Audi R8 and float around the 45-65k bracket forever if looked after so buying when they hit sub 70k could be a smart place if you really want one.
+1daemon said:
JonV8V said:
My personal take is its a BMW and as good as they may be you still queue up next to a 116d owner at the garage and they want to engage in conversation as they feel you both have the same interests. I may be a snob in that regard but its why I'm moving away from the brand.
I brought this up on the Ferrari read M3 with poor paint job thread. BMW prices now span £14,000 to £100,000+. Once you get into those premium sorts of prices i think its hard to justify doing so with a "regular" 5/8ths car brand. I guess the justification with the i8 is that its something very different. But you're completely right. You're there with your i8 and sitting beside the riff raff with their 1 series. I noticed it when i bought my Alfa v6 some years ago from an Alfa dealer. All very well Alfa pushing itself as a "premium" brand but at the time the dealership had FIAT also, so you ended up, come service time, sitting in a portacabin waiting on your car to be serviced with weirdos in Fiat Puntos. Not the image of Alfa ownership i was sold.daemon said:
And we're to take opinion on looks from someone with a Subaru Impreza?
Impreza looks purposeful and everything in its place. Nothing fancy just functional. Its not trying to be pretty and I never said it was, I didn't buy it because I thought it looked pretty.The I8 is trying far too hard and as a result it looks awkward and crap. But obviously the fanbois will never hear that about their precious marque.
Sam All said:
Spec savers visit well over due.
Explain how it will become expensive with BMW warranties and such.
Fuel - goes up, goes down.
It does look cack. Many people will tell you that, very awkward looking but then obviously some do like it just as they will any car. Its no 458 or DBS is it lets be honest? Or do you honestly think it compares???Explain how it will become expensive with BMW warranties and such.
Fuel - goes up, goes down.
Warranty? Are the batteries warranted? If so for how long and what is the cost of replacement? The motors that charge them are they fully warranted? For how long?
Fuel -goes up, goes down....great observation. Your point??
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