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

[jonamv8]

Hi,

Mods - This isn't an advert for my car, I'm genuinely interested in trying to learn from fellow BMW owners and prospective buyers as to why it isn't selling. Hopefully I am not infringing any rules.

http://www.ebay.co.uk/itm/231022529598?ssPageName=...

Has been for sale for 8 weeks on Autotrader, PH and eBay. Currently only on eBay. Won't use Trader again, soo expensive and just scammers on there. About to put it back on PH.

Car is lovely, 1 former keeper, was a company car before I got it. Motorway miles 120k but drives like a 40k car. Really good to drive actually and I enjoy the paddles a lot! Making way for something new so put it up for sale at 11k, now down to 10,500 which sits well in the market in my opinion.

Any idea why it isn't selling, could the advert be improved - am I missing something?

HELP!

[pete]

I suspect it might be the mileage. From looking at adverts to price up my 335d, the price / mileage range seems to be really compressed. i.e. there isn't a massive price difference (in absolute terms) between a car with <50k miles and one with >100k. Given the choice of spending another couple of grand, people search out the low milers. That 25-30% difference would be significant on a £40k car, not on a £10k car.

Have you looked at how much more people would have to spend to buy your car with half the miles?

Pete

p.s. Just noticed: no sat nav. Something else that buyers are illogically obsessed about, despite the march of technology obsolescence.

Edited by pete on Wednesday 21st August 10:54

[jonamv8]

Thanks - Seems about £14k will buy you a 60k miles example having looked at the trader, so £3,500 more for half the mileage.

I had always bought my BMWs on the basis that mileage was not as important as FBMWSH and condition. My current 330d ticks both those boxes but perhaps not all buyers are like me!

[Vladimir]

I'd value my 52k mile 335d SE Touring (no I-drive, leather, sunroof, 56 reg) at £12k absolute max. Values have plummetted!

[Rosun]

Price & mileage & age. (£11k / +120k / +5 yrs)

Should be nearer to £6-7k

[hman]

6-7k trade maybe but retail about 9k

[phumy]

Its nothing to do with the mileage, its the price you have to pitch it in correctly or it will sit there for ages. I just sold my 56 335d, 90k miles, immaculate, FSH, put it up for 11.3k, first person came to see and drive it offered me 11.2k cash, all within 5 days on PH.

Price it to sell you might have to move down a little but that's the way it is at the moment.

[jonamv8]

6k to 7k - That seems very cheap when you compare what's for sale. I emailed a friend who works for a main dealer and they sent me the follwoing


Glass's Trade
£8,990
Grade Hi
£9,240
Retail Asking
£12,680
Mileage 122,000 | Ave Mileage 55,000

[jonamv8]

phumy said:

Its nothing to do with the mileage, its the price you have to pitch it in correctly or it will sit there for ages. I just sold my 56 335d, 90k miles, immaculate, FSH, put it up for 11.3k, first person came to see and drive it offered me 11.2k cash, all within 5 days on PH.

Price it to sell you might have to move down a little but that's the way it is at the moment.

So with the above in mind does £10,500 with room to go to 10k seem bad?

[jonamv8]

This is what I am up against in my opinion

http://www.autotrader.co.uk/search/used/cars/bmw/3...

[eastsider]

I know it is condition based servicing, but at that mileage only having ever had 6 services, and only two since 80k miles would ring alarm bells for me - higher risk of big bill, turbo, injector, whatever. Your ebay ad says "maintained regardless of cost" which can cut both ways - have you had lots of big bills, or just taken care of every little niggle quickly.... I'd list out all expenditure on the car chronologically in much more detail, not just the main dealer services.

Overall mileage and price as others have said, I'd drop it to £9995 to get below the £10k searches and be happy with any offer over £9k if you want it shifted quick.

[phumy]

jonamv8 said:

phumy said:

Its nothing to do with the mileage, its the price you have to pitch it in correctly or it will sit there for ages. I just sold my 56 335d, 90k miles, immaculate, FSH, put it up for 11.3k, first person came to see and drive it offered me 11.2k cash, all within 5 days on PH.

Price it to sell you might have to move down a little but that's the way it is at the moment.

So with the above in mind does £10,500 with room to go to 10k seem bad?

But at the end of the day if you want it moved on and its not moving, what do you have to do? The choice is yours, you either sit with it for weeks/months or price it to sell. If the market is saturated with the same cars all at the same price what can you do to shift it, drop the price, it really isn't difficult to work out, the hardest bit is getting your head around the fact that you little pride and joy just isn't really worth what you thought it was. That's what i had to do with mine.

[jonamv8]

phumy said:

jonamv8 said:

phumy said:

Its nothing to do with the mileage, its the price you have to pitch it in correctly or it will sit there for ages. I just sold my 56 335d, 90k miles, immaculate, FSH, put it up for 11.3k, first person came to see and drive it offered me 11.2k cash, all within 5 days on PH.

Price it to sell you might have to move down a little but that's the way it is at the moment.

So with the above in mind does £10,500 with room to go to 10k seem bad?

But at the end of the day if you want it moved on and its not moving, what do you have to do? The choice is yours, you either sit with it for weeks/months or price it to sell. If the market is saturated with the same cars all at the same price what can you do to shift it, drop the price, it really isn't difficult to work out, the hardest bit is getting your head around the fact that you little pride and joy just isn't really worth what you thought it was. That's what i had to do with mine.

Ok so do you see your older with less mileage vehicle as wildly different to my newer with more mileage vehicle Phumy? You got £11.2k, I'd be happy with that! When someone is saying 6-7k for mine!!

It's not my pride and joy, that's my 911 Turbo, this is my practical car and there's loads of them about and the market seems to dictate price, hence I have priced mine low-mid market price. I'm not averse to lowering the price but looking at PH eBay and Trader it's low already, hence my initial question as to where I am going wrong, could the advert be better etc

[jonamv8]

eastsider said:

I know it is condition based servicing, but at that mileage only having ever had 6 services, and only two since 80k miles would ring alarm bells for me - higher risk of big bill, turbo, injector, whatever. Your ebay ad says "maintained regardless of cost" which can cut both ways - have you had lots of big bills, or just taken care of every little niggle quickly.... I'd list out all expenditure on the car chronologically in much more detail, not just the main dealer services.

Overall mileage and price as others have said, I'd drop it to £9995 to get below the £10k searches and be happy with any offer over £9k if you want it shifted quick.

See what you are saying - thanks. I think the fact it s one former keeper speaks volumes though for way it has been maintained although listing what has been done is a good idea

[phumy]

jonamv8 said:

phumy said:

jonamv8 said:

phumy said:

Its nothing to do with the mileage, its the price you have to pitch it in correctly or it will sit there for ages. I just sold my 56 335d, 90k miles, immaculate, FSH, put it up for 11.3k, first person came to see and drive it offered me 11.2k cash, all within 5 days on PH.

Price it to sell you might have to move down a little but that's the way it is at the moment.

So with the above in mind does £10,500 with room to go to 10k seem bad?

But at the end of the day if you want it moved on and its not moving, what do you have to do? The choice is yours, you either sit with it for weeks/months or price it to sell. If the market is saturated with the same cars all at the same price what can you do to shift it, drop the price, it really isn't difficult to work out, the hardest bit is getting your head around the fact that you little pride and joy just isn't really worth what you thought it was. That's what i had to do with mine.

Ok so do you see your older with less mileage vehicle as wildly different to my newer with more mileage vehicle Phumy? You got £11.2k, I'd be happy with that! When someone is saying 6-7k for mine!!

It's not my pride and joy, that's my 911 Turbo, this is my practical car and there's loads of them about and the market seems to dictate price, hence I have priced mine low-mid market price. I'm not averse to lowering the price but looking at PH eBay and Trader it's low already, hence my initial question as to where I am going wrong, could the advert be better etc

I relly dont know how to compare mine with yours and I wouldnt want to either, I believe that the 335d is slightly more desirable than the 330. What I have been saying all along its all down to checking what other cars are going for and pitching it in at a price to sell. Try to put yourself in the buyers position and think, if you wanted to buy your car what would really make you want to go to see it......?? See its easy.

[philmots]

Ultimately it's price...

There's nothing wrong with the colour/wheels..

At these lower prices people generally will just want the 335d as it's the 'best' and pretty much as affordable.

I think over 10k is too much for 122k miles.

Also I think the Nav is an issue. It took me ages to shift my 335d (no Nav) people are ridiculous, they'd rather a tatty shed with Nav than a decent car with no Nav... But lesson learned, I'll not buy another without it.

[MitchT]

I'd love a 330d M sport and that's probably the colour combo I'd go for too. But...

Modern diesels are frighteningly sophisticated. If they go wrong it's a big thing. If I had the disposable income that I'd consider necessary not to be terrified by the potential bills I'd be able to afford a new one. That's why I, personally, wouldn't buy one of these cars if my budget was in the £10k ballpark.

philmots said:

At these lower prices people generally will just want the 335d as it's the 'best' and pretty much as affordable.

Worth remembering that the 335d is only available with an auto 'box, so I for one would prefer the 330d.

Edited by MitchT on Wednesday 21st August 13:20

[bracken78]

jonamv8 said:

eastsider said:

I know it is condition based servicing, but at that mileage only having ever had 6 services, and only two since 80k miles would ring alarm bells for me - higher risk of big bill, turbo, injector, whatever. Your ebay ad says "maintained regardless of cost" which can cut both ways - have you had lots of big bills, or just taken care of every little niggle quickly.... I'd list out all expenditure on the car chronologically in much more detail, not just the main dealer services.

Overall mileage and price as others have said, I'd drop it to £9995 to get below the £10k searches and be happy with any offer over £9k if you want it shifted quick.

See what you are saying - thanks. I think the fact it s one former keeper speaks volumes though for way it has been maintained although listing what has been done is a good idea

Did the car really do around 33K without an oil change?

Edited by bracken78 on Wednesday 21st August 13:59

[Vee]

jonamv8 said:

eastsider said:

I know it is condition based servicing, but at that mileage only having ever had 6 services, and only two since 80k miles would ring alarm bells for me - higher risk of big bill, turbo, injector, whatever. Your ebay ad says "maintained regardless of cost" which can cut both ways - have you had lots of big bills, or just taken care of every little niggle quickly.... I'd list out all expenditure on the car chronologically in much more detail, not just the main dealer services.

Overall mileage and price as others have said, I'd drop it to £9995 to get below the £10k searches and be happy with any offer over £9k if you want it shifted quick.

See what you are saying - thanks. I think the fact it s one former keeper speaks volumes though for way it has been maintained although listing what has been done is a good idea

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

[Sump]

Asking too much.

No Idrive pretty much kills it for 90% of the market.