330d M Sport - Why isn't mine selling!?!?!?!

[Vladimir]

mikeouk said:

i bought a pre lci e92 ,when i was shopping it HAD to have idrive, i was less than impressed with it after a few days of ownership, i agree its cr#p ,cant say ive ever heard of idrive being a cause for breakdown though?
ive now got an lci e92 with idrive and its streets ahead. My advice to anyone shopping for a pre lci (2010 build) dont pay anymore for an idrive spec car. having said that, i only know this because ive owned one, anyone looking at this car probably wont have.

I don't know the exact reasons but relying on a shonky old tech computer to run certain functions isn't going to end well. And the warranty thing has been mentioned more than once.

However I'm not some luddite - if I order an M135i (we plan to eventually) it MUST have Pro Nav.

[jonamv8]

Personally I prefer the look of the interior with a screen on the dash but using iDrive is a nightmare, so counter intuitive it's a joke.

[tejr]

Speaking from a potential buyer POV, I was thinking of switching my 530D for a 33xD..

I would have discounted yours based on the price/mileage combo and lack of idrive/nav screen.. i dont use the screen in the 5 for nav often, but i do like to have the live maps screen up all the time..

Many people will overlook the idrive/nav part but not the price.. although mileage doesn't bother me I would be concerned about resale and knowing that anything over 95kmiles will be hard to shift on if not discounted above others in the market..

Other than that it looks like a fantastic car, nice colour and wheel combo.. if I was scrolling through ads it would have caught my eye..

However, in the end I decided the 530D is amazing value for money, similar price to a 33xD and owners tended to load them with more options so it would be pointless to go for a less spec'd car.

[roofer]

Its too dear, simple. My 08 one is going up for sale soon and i'll only be asking 9k. Less miles with I Drive etc and crack free wheels.

[jonamv8]

roofer said:

Its too dear, simple. My 08 one is going up for sale soon and i'll only be asking 9k. Less miles with I Drive etc and crack free wheels.

I normally market my cars on the lower side of the market. I review eBay PH and Trader to get an idea of the market and position mine accordingly. Can someone show me my car at £9k please?

I have found one similar for 9k, more miles, no rear spoiler, 18 inch wheels, disgusting(IMO!) wood trim and lighter colour seats, no nav again. Apart from that all 10k plus.

[k9l3k]

It definitely the mileage I would not buy a car 100k plus just out of choice and if you do have a high miler its got to be cheap for people to be interested .

[Vee]

jonamv8 said:

roofer said:

Its too dear, simple. My 08 one is going up for sale soon and i'll only be asking 9k. Less miles with I Drive etc and crack free wheels.

I normally market my cars on the lower side of the market. I review eBay PH and Trader to get an idea of the market and position mine accordingly. Can someone show me my car at £9k please?

I have found one similar for 9k, more miles, no rear spoiler, 18 inch wheels, disgusting(IMO!) wood trim and lighter colour seats, no nav again. Apart from that all 10k plus.

And all those 'marketing' at the same level as you will also be asking why theirs isn't selling.
If Rooofer's was listed your and others would suddenly look very espensive, but not for long as his will sell quickly because it is realistically priced.

[pavka007]

It is BUYERS market, it doesn't matter what any guide or friend telling you. Few people already pointed out the fact that there is a difference between asking and getting. Even your friend who showed you Glass guide values is willing and ready to move his stock if someone walk and offer him anything above the trade in price they paid to the previous owner.
About 15 years ago I started going to car auctions and I never bought a car from any dealer again. ALL the local dealers are there week in and week out, shifting stock older than 60 days for prices you would not believe. Your car at the moment at auction is around 3.5/4K TOP.
I know that is not what you want to hear but this is the market. If a dealer asking for 10K on the forecourt you can bet you bottom dollar that he have minimum 3k profit margin on the car.
The private good condition on your car is showing as £9300 but remember this is RECOMMENDATION not a rule.
Good luck selling the car, however for this money one could get 5 series fully kitted with less miles.

[mikeouk]

pavka007 said:

car at the moment at auction is around 3.5/4K TOP.
.

Complete BS I'm afraid, that's a figure pulled out of thin air.
I was in the motor trade for years and I've sinse bought cars for myself at auction, it's rare to see any real bargains, in fact I've seen some cars go for what would be retail money.
Many of the large retail motor groups send all their non retailable trade ins straight to auction now because they get better money there than from the trade, probably because there's more retail customers bidding them up nowadays.

[pavka007]

mikeouk said:

Complete BS I'm afraid, that's a figure pulled out of thin air.
I was in the motor trade for years and I've sinse bought cars for myself at auction, it's rare to see any real bargains, in fact I've seen some cars go for what would be retail money.
Many of the large retail motor groups send all their non retailable trade ins straight to auction now because they get better money there than from the trade, probably because there's more retail customers bidding them up nowadays.

As you have said you WERE in the motor trade. When was the last time you attended an auction? I was on Wednesday night. Now bear in mind that I am in Scotland and the prices here a different. The amount of dealers south of the border attending is very high. This must telling you something.
I would agree with your comment regarding BS, but ONLY if you could prove me wrong, otherwise I know what I am seeing every week at Kinross auction.
5 years old BMW with 120K on the clock without Satnav offered at auction is virtually NON retailable car for any dealer unless is offered with very low reserved price. You are correct about the fact that many retail customer are going to auction those days but once again how many of them have clear finances to get the car like this, not to mention that over 95% of them are afraid to bid on a car because they don't have any knowledge about the car and are afraid to put 5/6/7K on their own money on something they can't "test" drive. Retail customer usually going for cars up to 3K, anything above that is too "exotic" for them. They are few and between that would bid on a car with 120K on the clock because what they see is "very expensive" BMW offered here, so must be a problem with the car... it is just buyers mentality that you can't argue against. The average punter will never risk it.
So please lets be respectful to each other.

[mikeouk]

Last time I went to an auction was November 2011, I was staggered at some of the prices made. One was a 57 plate 320d coupe, clean car ,average miles, made main dealer retail money, go figure!!!!
I was actually going to suggest to the OP that selling his car at auction may be a way of selling quick for a reasonable price.
A 330d coupe is a desirable car, especially with msport trim, yes the mileage is a big killer, but it still has a place in the market. It won't appeal to a retail trader, it's going to be someone who wants this model but can't quite afford it. Crazy thing is, it's probably good for another 200000 miles

[Olf]

Your car or this car for a grand more?

http://www.autotrader.co.uk/classified/advert/2013...

or this one

http://www.autotrader.co.uk/classified/advert/2013...

or a modeo or whatever.

The reality is you need to drop the price every week by 500 quid until it shifts. There is nothing more complicated to it.

Edited by Olf on Friday 23 August 07:15

[BE57 TOY]

I think you need to shave around £1.000 off the price

[mikeouk]

Sorry meant to add
My friend just sold a 07 plate passat diesel estate with 123000 miles to a trader for £3000, if that's its trade value, how can the op's car only be worth a few hundred more than a bread and butter family estate?

[pavka007]

mikeouk said:

Sorry meant to add
My friend just sold a 07 plate passat diesel estate with 123000 miles to a trader for £3000, if that's its trade value, how can the op's car only be worth a few hundred more than a bread and butter family estate?

Mike, estate cars are pulling premium prices and the VAG cars have a special place on the market, they always sell, however BMW have a bit of a different image. 2 door BMW is with very narrow market presence compare to VW estate. You are answering your own question above, one of them is a sport car the other one is bread and butter family estate. Much more desirable for the average buyer.

Your friend car will be on the market for perhaps 3995 in a week, no one can afford to carry a stock for longer than 30 days. The dealer rather make 700/800 quid quickly than just sit on a car.
Remember that at auction there is not such an option as finances, you need cash in hand to buy, so how many private bidders are willing to pay big money at auction?

[Fox-]

Vee said:

How long have you owned it ?
I think it is really nice. Can't believe lack of navigation is making it that undesirable.

Problem with the E90 is that it isn't just navigation, you get no iDrive infotainment system unless you have Nav on an E90 - which makes the interior look more plain, more dated and lack many of the features you get with iDrive. Now you will probably argue that it sucks anyway and you think the interior looks nicer without it and whilst that might be true most of the market doesn't agree, hence the serious knock cars without it take to the value.

[jonamv8]

mikeouk said:

pavka007 said:

car at the moment at auction is around 3.5/4K TOP.
.

Complete BS I'm afraid, that's a figure pulled out of thin air.
I was in the motor trade for years and I've sinse bought cars for myself at auction, it's rare to see any real bargains, in fact I've seen some cars go for what would be retail money.
Many of the large retail motor groups send all their non retailable trade ins straight to auction now because they get better money there than from the trade, probably because there's more retail customers bidding them up nowadays.

I've been on Bham car auctions on 3 occasions - retail money for poor cars with limited inspection time - NO THANKS!

[jonamv8]

mikeouk said:

Sorry meant to add
My friend just sold a 07 plate passat diesel estate with 123000 miles to a trader for £3000, if that's its trade value, how can the op's car only be worth a few hundred more than a bread and butter family estate?

It's not, it's clearly worth a considerable amount more

[jonamv8]

Olf said:

Your car or this car for a grand more?

http://www.autotrader.co.uk/classified/advert/2013...

or this one

http://www.autotrader.co.uk/classified/advert/2013...

or a modeo or whatever.

The reality is you need to drop the price every week by 500 quid until it shifts. There is nothing more complicated to it.

Edited by Olf on Friday 23 August 07:15

Not really similar though, fair enough low miles but ones a 320d and ones not even an m sport. Can we see 330d M Sport in decent colour combo with low miles for this money?

[Vladimir]

Fox- said:

Problem with the E90 is that it isn't just navigation, you get no iDrive infotainment system unless you have Nav on an E90 - which makes the interior look more plain, more dated and lack many of the features you get with iDrive. Now you will probably argue that it sucks anyway and you think the interior looks nicer without it and whilst that might be true most of the market doesn't agree, hence the serious knock cars without it take to the value.

Very true but the "must have" status is very strange and shows how your average BMW owner has no real clue. Spec first, engine last.

The E9* i-drive is a bit like having a really nicely designed office, flat screen monitor, top end laser printer, great furniture but with a Commodore 64 on the desk.

I'd never consider running a pre 2010 (or whenever HDD came out) E9* with i-drive - ever. Our non i-drive 335d has been a great example of flawless reliability. Yes we wanted BT so I retro-fitted a Parrot (pro install, no wires); again a re-sale basher but it works about 3453144 times better than the BMW effort. I think many buy with re-sale values in mind - buy for YOURSELF! If you buy a less "desirable" spec, you'll pay less; unless you're daft.

Edited by Vladimir on Friday 23 August 09:35