BMW E90 318i 06 182k+ miles. What should I do with it?
Discussion
I bought my car BMW E90 318i 06 plate in May 2009 at Car Giant at 85k+ miles for £8,700.
I've used the car considerably well and have added almost 100,000 miles since due to work.
I'm thinking of changing the car and get myself another one sometime this year but don't know what to do with this one.
The value of the car is around £1,000 because it's mileage which to me is worthless. I don't want to keep 2 cars.
I'm also thinking of driving it until it goes down completely as it's in a very good condition.
My questions are
Can I part exchange it and get a good price on my car? What's the best way of selling it and get more money?
How long can I drive it until it goes down or what's the maximum mileage can this BMW do?
I've used the car considerably well and have added almost 100,000 miles since due to work.
I'm thinking of changing the car and get myself another one sometime this year but don't know what to do with this one.
The value of the car is around £1,000 because it's mileage which to me is worthless. I don't want to keep 2 cars.
I'm also thinking of driving it until it goes down completely as it's in a very good condition.
My questions are
Can I part exchange it and get a good price on my car? What's the best way of selling it and get more money?
How long can I drive it until it goes down or what's the maximum mileage can this BMW do?
Firstly
Is it reliable and in good condition? Which from your post appears to be the case.
Biggest cost in car ownership is depreciation you've got it down so low now all it will cost you is fuel tyres and servicing.
Given you are happy with it why not keep running it until something does go wrong with it - ignore the fact that when you do change all 4 tyres its a huge % of the cars value
If you have a Mrs and intend to have a family then that will be ideal to drop from commuting duties to ideal family duties plus you've known it for so long its history given you've maintained it properly means its a great thing to do.
Another 5 years and you'll have it up to 300k
which will still be in great usable condition.
Is it reliable and in good condition? Which from your post appears to be the case.
Biggest cost in car ownership is depreciation you've got it down so low now all it will cost you is fuel tyres and servicing.
Given you are happy with it why not keep running it until something does go wrong with it - ignore the fact that when you do change all 4 tyres its a huge % of the cars value
If you have a Mrs and intend to have a family then that will be ideal to drop from commuting duties to ideal family duties plus you've known it for so long its history given you've maintained it properly means its a great thing to do.
Another 5 years and you'll have it up to 300k
which will still be in great usable condition. Thanks everyone for your input.
My first & only evaluation was done at webuyanycar.com who valued it at £1,300 which put me off of selling it. But Autotrader valued it £2,570.
I've decided to keep it for many years if possible, may be until 400k+ miles. Never knew a car can survive up to 150k miles let alone 400k.
My first & only evaluation was done at webuyanycar.com who valued it at £1,300 which put me off of selling it. But Autotrader valued it £2,570.
I've decided to keep it for many years if possible, may be until 400k+ miles. Never knew a car can survive up to 150k miles let alone 400k.
chukwe said:
Thanks everyone for your input.
My first & only evaluation was done at webuyanycar.com who valued it at £1,300 which put me off of selling it. But Autotrader valued it £2,570.
I've decided to keep it for many years if possible, may be until 400k+ miles. Never knew a car can survive up to 150k miles let alone 400k.
Given it meets your requirements and is reliable and economical then keeping it is by far the best option. Of course you can change for a newer car which will be subjectively better and let's be frank will be better BUT when you evaluate the cost to achieve that small step change then it makes it hard to justify the change. My first & only evaluation was done at webuyanycar.com who valued it at £1,300 which put me off of selling it. But Autotrader valued it £2,570.
I've decided to keep it for many years if possible, may be until 400k+ miles. Never knew a car can survive up to 150k miles let alone 400k.
I'd wager come 400k you will no doubt have changed the clutch, the wheel bearings certainly new suspension but that will likely be all. Tyres brakes oil filters air con regas is simply ongoing normal car running costs.
Hardest thing will be when comes the replace x job and you think that's a huge % of the cars value.... But assuming you maintain the car to a top standard once said work is done it will carry on being just like a new car.
I'd also imagine as the miles creep up you'll want to keep it even more just to see what milage it can do before it becomes not fit for your purpose. Maybe it will last until the next car is a full electric one...
Welshbeef said:
Given it meets your requirements and is reliable and economical then keeping it is by far the best option. Of course you can change for a newer car which will be subjectively better and let's be frank will be better BUT when you evaluate the cost to achieve that small step change then it makes it hard to justify the change.
I'd wager come 400k you will no doubt have changed the clutch, the wheel bearings certainly new suspension but that will likely be all. Tyres brakes oil filters air con regas is simply ongoing normal car running costs.
Hardest thing will be when comes the replace x job and you think that's a huge % of the cars value.... But assuming you maintain the car to a top standard once said work is done it will carry on being just like a new car.
I'd also imagine as the miles creep up you'll want to keep it even more just to see what mileage it can do before it becomes not fit for your purpose. Maybe it will last until the next car is a full electric one...
Thanks for your input. I think I'll give to the end of this year before I change it. I've up to £10k to £12k to buy a newer BMW but can't justify it when I've this one.I'd wager come 400k you will no doubt have changed the clutch, the wheel bearings certainly new suspension but that will likely be all. Tyres brakes oil filters air con regas is simply ongoing normal car running costs.
Hardest thing will be when comes the replace x job and you think that's a huge % of the cars value.... But assuming you maintain the car to a top standard once said work is done it will carry on being just like a new car.
I'd also imagine as the miles creep up you'll want to keep it even more just to see what mileage it can do before it becomes not fit for your purpose. Maybe it will last until the next car is a full electric one...
I normally buy my BMW cars from Car Giant where you get high mileage cars for less. This is my second BMW from them as my first one had an accident at £140K & was written off.
Is it good to buy BMW at high mileage for less money?
chukwe said:
helix402 said:
Have you changed the timing chain tensioner? If not please do it before the chain slips.
Can I do this as part of a "Full Service"? I'm planning to do a "Full service" June when my MOT and road tax expiresBeing serious this is not a standard routine service item it is additional work which can be done at any point. Some would debate its worth doing given a cars age and value.
Welshbeef said:
As in DIY? If so you could do an entire engine rebuild.
Being serious this is not a standard routine service item it is additional work which can be done at any point. Some would debate its worth doing given a cars age and value.
Full Service at a mechanic garage. If it's going to cost a lot of money, I'll rather sell it & buy another car.Being serious this is not a standard routine service item it is additional work which can be done at any point. Some would debate its worth doing given a cars age and value.
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