Selling the M6

Selling the M6

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Discussion

contractor

Original Poster:

919 posts

185 months

Sunday 19th April 2015
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So after almost 6yrs of ownership I decided to sell my M6. I changed jobs and moved house and the car just sits there frown

I bought an old Mondeo a year ago to take stuff to the dump and go to the station in and so the M6 has only done a few hundred miles or so since then, and I really don't want two cars.

The cunning plan is to sell both and get an X5M or the like to fill both duties, so the M6 is up for sale. The only problem is I've only had one person call in the last 4 weeks. It's up for sale here and on AT. It's black and has 86803 miles, can anyone provide some advert feedback and let me know where I'm going wrong? Last Sunday I knocked 500 quid off, but still no joy.

Thanks

playNskillz

128 posts

109 months

Sunday 19th April 2015
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Link to ad?

contractor

Original Poster:

919 posts

185 months

Sunday 19th April 2015
quotequote all
can't link to my own ad; against the rules.

playNskillz

128 posts

109 months

Sunday 19th April 2015
quotequote all
The ad looks good to me all the rights information all the right pictures. It seems to priced well. Hold out for a couple of more weeks and see how it goes.

jonah35

3,940 posts

157 months

Sunday 19th April 2015
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Yours has done 86k.for £2k more you could buy a 26k miler, same colour etc and that one is also under BMW warranty.


IATM

3,789 posts

147 months

Sunday 19th April 2015
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Hi,

I am sorry but its too expensive - I know someone posted here its priced well but its not. There is no point trying to pitch your price up against adverts that are their right now from traders, I can tell you right now they have have been there for months and months!!

If you want to sell - you are looking nearer advertising 15,500 and getting around 14,500-15,000!

Just my opinion of course.

PGNCerbera

2,930 posts

166 months

Sunday 19th April 2015
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Nice car OP.

But sadly the bare truth is it is far too expensive. Hence no calls.

Painful I know but bite the bullet, drop the price and move on.

And an X5M is a terrific idea

contractor

Original Poster:

919 posts

185 months

Sunday 19th April 2015
quotequote all
Thanks all for the feedback. I had a feeling it was a bit high. I've lowered the price to 16.5k. Let's see what happens...

Helicopter123

8,831 posts

156 months

Sunday 19th April 2015
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Good ad but at that mileage the essential warranty will be very expensive. Perhaps a price cut to £14,995?

Schermerhorn

4,342 posts

189 months

Monday 20th April 2015
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Like you I don't drive mine that much anymore. Since my daughter's birth in November, I've covered 1000 miles.

They are hard to sell and people are scared of them, running costs, terrible fuel economy, clutch and flywheel going, labour rates, parts etc. There are too many horror stories out there.

I couldn't sell mine even with a warranty and a free clutch and flywheel thrown in.

Summer may bring better fortunes for you.


Edited by Schermerhorn on Monday 20th April 10:04

Shaoxter

4,069 posts

124 months

Monday 20th April 2015
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They're just difficult cars to sell. Not a lot of people will want a massive V10 that does 12mpg in town. As an example, 645Ci's are the same price or cheaper than 630i's.

Also to many people the E63 is just too ugly. On the other hand the E60 seems to have aged well (IMO).

I think £16.5k is still a little expensive considering the mileage. By what you've described in the ad it looks a great example but people do get hung up on mileage rather than condition. After a year or two this will be a 100k car which is a bit of a mental block. I think you should be happy taking £15-15.5k. Good luck!

CornishRob

256 posts

134 months

Monday 20th April 2015
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I have an M car, and would love one of these (Well actually an E61 M5) but what really puts me off is the horror stories and the potential expense. It seems these really are streets ahead in terms of running costs than other M cars. Because of it, I will probably never get one, even though I can afford the purchase.

I guess at the end of the day, its worth what someone is prepared to pay. Maybe its less than you are willing to sell for.

If you still like it, why not keep it and use it for everything? Surely if your worried about the depreciation loss, an X5M will depreciate like a stone?

contractor

Original Poster:

919 posts

185 months

Monday 20th April 2015
quotequote all
I'm not fussed about depreciation etc, its more about consolidating to one car that can do dump-runs and carry washing machines etc, but still go quick when needed.

I'm not in a mad rush to sell so will see how it goes for a couple of weeks.

longintheleg

551 posts

143 months

Monday 20th April 2015
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CornishRob said:
I have an M car, and would love one of these (Well actually an E61 M5) but what really puts me off is the horror stories and the potential expense. It seems these really are streets ahead in terms of running costs than other M cars. Because of it, I will probably never get one, even though I can afford the purchase.

I guess at the end of the day, its worth what someone is prepared to pay. Maybe its less than you are willing to sell for.

If you still like it, why not keep it and use it for everything? Surely if your worried about the depreciation loss, an X5M will depreciate like a stone?
Slightly off topic but if you were to consider buying an M5 Touring, let me know.smile

CornishRob

256 posts

134 months

Thursday 23rd April 2015
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longintheleg said:
Slightly off topic but if you were to consider buying an M5 Touring, let me know.smile
I would love one, but they currently scare me to be honest.

You thinking of selling?

longintheleg

551 posts

143 months

Thursday 23rd April 2015
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CornishRob said:
longintheleg said:
Slightly off topic but if you were to consider buying an M5 Touring, let me know.smile
I would love one, but they currently scare me to be honest.

You thinking of selling?
As much as I love the car, I need to put my sensible head on now which will allow me to have a toy but run an economical car as well and as a result, allow me to free up some funds to put towards a house deposit.

Calza

1,992 posts

115 months

Friday 24th April 2015
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Advert looks good to me, as does the car so I think like others have said price.

I'll be looking at one of these or an M5 at the end of the year and I think the mileage would put me off from a warranty point. If I couldn't get a Mondial on it for reasonable money, I'd want it a fair bit cheaper to have a huge bork fund.

andymc

7,348 posts

207 months

Friday 24th April 2015
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still looks very pricey, for another £500 you can drop 40k miles

contractor

Original Poster:

919 posts

185 months

Saturday 9th May 2015
quotequote all
Sold for 15.5k in the end.

Schermerhorn

4,342 posts

189 months

Sunday 10th May 2015
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Good price.

Did yours have warranty with it?