640d GC 4days in (possibly still the best car in real world)

640d GC 4days in (possibly still the best car in real world)

Author
Discussion

msport123

281 posts

152 months

Saturday 16th April 2016
quotequote all
Thanks for the reply CSK.

Extended nappa leather sounds like a decent option too assuming that Dakota is standard fit. HUD standard on these too?

The car is September 2013 registration. Car was purchased by a good friend in Feb 14, he got a good deal and paid 48k. I can now purchase from him at 27k which is the p/x value he has been offered an Aston garage. According to the dealer the car will be going straight to BMW for 27k. Guessing they will retail it 32k ish?

What do you think the car will be worth in 2 years with approx 70k on it?

rb5er

11,657 posts

173 months

Saturday 16th April 2016
quotequote all
I would have thought £16k maybe. Podsibly a bit more or a bit less.

Helicopter123

8,831 posts

157 months

Saturday 16th April 2016
quotequote all
£27k seems a fair price - I wouldn't want to pay anymore than that.

In two years and at 70k miles I can see it £13.5k to trade in, or £15-£16k private sale.

Ares

Original Poster:

11,000 posts

121 months

Monday 18th April 2016
quotequote all
Trexthedinosaur said:
Ares said:
The UKs obsession with owing a house on economic grounds is often misplaced.
Which is a nice place to be; but the costs you factor in such as stamp become less of a factor the longer you own the house and upgrades whilst cost in outlay I would suspect also increase the value.

My perspective on owning a house is simple, do I want to worry about being able to pay my rent when I am old, worry about my landlord needing to release funds, concerned over my 'funds' performance in order for me to meet my bills, will my pension rise inline with rent prices.

I have done quite well out of my property purchases, if you buy on location and leave emotion out of the price then in the long run property, should, provide a steady income.

Whilst an economic case may be argued against house ownership, for sure the phonological effects need to be considered!
All true...but renting also removes hidden costs, risk and maintains greater flexibility.

As an investment vehicle, in the current market, residential property is not the optimum.

Not sure about the phonological effect of house ownership(?) but emotional and and psychological considerations are always going to be a major factor.....thats why we are looking to buy again, not rent. But I've taken the economic argument out of the equation. Tipping in a few quid into a higher-risk investment vehicle will probably and significantly cover the economic argument!

ORD

18,120 posts

128 months

Monday 18th April 2016
quotequote all
You're off your rocker! Renting makes almost no sense for anyone in this country. Buying a house may not be the smartest thing to do with £2m quid sitting in the bank (and even that depends on where you live - it would generate big risk-free returns in London), but that is an almost non-existent set of facts. Almost everyone buys on a mortgage, in which case home-buying is a brilliant investment relative to renting and sticking a tiny bit more money (as renting is nearly as expensive as buying on a mortgage) into shares or other investment vehicles.

Ares

Original Poster:

11,000 posts

121 months

Monday 18th April 2016
quotequote all
ORD said:
You're off your rocker! Renting makes almost no sense for anyone in this country. Buying a house may not be the smartest thing to do with £2m quid sitting in the bank (and even that depends on where you live - it would generate big risk-free returns in London), but that is an almost non-existent set of facts. Almost everyone buys on a mortgage, in which case home-buying is a brilliant investment relative to renting and sticking a tiny bit more money (as renting is nearly as expensive as buying on a mortgage) into shares or other investment vehicles.
So the comparison is buying a car on car-finance Vs bank finance.

....but for cash purchase Vs finance, the smart money would rent if looking solely on economic grounds. The return you'd get whether £500k, £1m or £5m is a no brainer! The issue isn't the cost of the rent, it's the opportunity cost of the capital employed. wink




matt21

4,291 posts

205 months

Monday 18th April 2016
quotequote all
Can we talk about 640d's?!

ORD

18,120 posts

128 months

Monday 18th April 2016
quotequote all
Not much to say.

Fastish big diesel.
MPG.
Um. That's it.

Ares

Original Poster:

11,000 posts

121 months

Wednesday 20th April 2016
quotequote all
matt21 said:
Can we talk about 640d's?!
Absolutely. What do you want to know...? wink

matt21

4,291 posts

205 months

Wednesday 20th April 2016
quotequote all
If I should spend my £35-40k on one of these or an M5!

cerb4.5lee

30,884 posts

181 months

Wednesday 20th April 2016
quotequote all
matt21 said:
If I should spend my £35-40k on one of these or an M5!
Go for the M5 I reckon because it's engine is in a different league to an oil burner, the oiler will do a nice job of offering a bit of pace and reasonable economy whereas the M5 will offer miles more smiles and plenty of shove to go with it.

T16OLE

2,946 posts

192 months

Wednesday 20th April 2016
quotequote all
I've just bought this one.

Can't wait to pick it up next week


ORD

18,120 posts

128 months

Wednesday 20th April 2016
quotequote all
Bonnet promises a lovely NA V12.

cerb4.5lee

30,884 posts

181 months

Wednesday 20th April 2016
quotequote all
T16OLE said:
I've just bought this one.

Can't wait to pick it up next week

Enjoy picking it up and I think they are a lovely looking motor for sure, that looks great.

rb5er

11,657 posts

173 months

Thursday 21st April 2016
quotequote all
matt21 said:
If I should spend my £35-40k on one of these or an M5!
M5 no question. This is a diesel.

ORD

18,120 posts

128 months

Thursday 21st April 2016
quotequote all
rb5er said:
matt21 said:
If I should spend my £35-40k on one of these or an M5!
M5 no question. This is a diesel.
I think that sums it up. I cannot imagine spending anything like this money on a car with an engine that I could perhaps tolerate but never love.

cerb4.5lee

30,884 posts

181 months

Thursday 21st April 2016
quotequote all
ORD said:
rb5er said:
matt21 said:
If I should spend my £35-40k on one of these or an M5!
M5 no question. This is a diesel.
I think that sums it up. I cannot imagine spending anything like this money on a car with an engine that I could perhaps tolerate but never love.
As much as I like the shape and interior of my 640d it was a car purchased for it's perceived economy to cover fairly big miles, if I wasn't doing 30k miles a year the diesel wouldn't even be a consideration.

Therefore I agree entirely and if it's a choice between a diesel and a M5 I just can't see how the 640d would get a look in apart from maybe looks, the M5 wins hands down, you will never want to just take the 640d out for the hell of it...you will with the M5.

T16OLE

2,946 posts

192 months

Thursday 21st April 2016
quotequote all
cerb4.5lee said:
Enjoy picking it up and I think they are a lovely looking motor for sure, that looks great.
Just spoke to the dealer (Main Dealer) I identified a problem with the driver seat, it seems loose.

They can`t confirm the issue or its cause and don`t want to commit to spending money on it as they`re unsure it`l fix it. But, assured me that they never sell an unsafe car.

It appears this is a common issue. I`ve sent them the following link.

http://www.bimmerfest.com/forums/showthread.php?t=...

I can`t buy the car if they wont sort it, not really sure what to do.


cerb4.5lee

30,884 posts

181 months

Thursday 21st April 2016
quotequote all
T16OLE said:
cerb4.5lee said:
Enjoy picking it up and I think they are a lovely looking motor for sure, that looks great.
Just spoke to the dealer (Main Dealer) I identified a problem with the driver seat, it seems loose.

They can`t confirm the issue or its cause and don`t want to commit to spending money on it as they`re unsure it`l fix it. But, assured me that they never sell an unsafe car.

It appears this is a common issue. I`ve sent them the following link.

http://www.bimmerfest.com/forums/showthread.php?t=...

I can`t buy the car if they wont sort it, not really sure what to do.
I have the same problem with the passenger seat and at first it annoyed the hell out of both me and the mrs but typical me I have just ignored it and got used to it to be honest, I had read myself that it's a common problem.

I don't blame you being unsure and you do expect a motor to be right and spot on.

T16OLE

2,946 posts

192 months

Thursday 21st April 2016
quotequote all
cerb4.5lee said:
I have the same problem with the passenger seat and at first it annoyed the hell out of both me and the mrs but typical me I have just ignored it and got used to it to be honest, I had read myself that it's a common problem.

I don't blame you being unsure and you do expect a motor to be right and spot on.
If it was the passenger seat then it would not be too much of an issue.

I think that they`re at the limit of their profit level and additional cost would eat into it, therefore, I think they`ll say they can`t fix the issue, so tough and flog it to someone else who may not notice