330d m Sport price

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Just had a PCP select on a BMW 330d

Its £20k and 2 years old - auto & leather.
I'll be covering maybe 17k a year.

Asked for PCP for a 3 yr & 4 yr deal outcome below:-

3year = £484pcm & £9.6k GFV
4year = £436pcm & £7.8k GFV

Is that a good deal or not?

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Just had a look on Broker 4 cars . co . uk and a brand new 330d M Sport with identical kit costs:-

60month = £503pcm & GTV = £10.6k

Hmm which is the better option?

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noumenon said:

So for the three years you'll pay 27k, four years is close to 29k.

Alternatively borrow 20k against your mortgage or as personal loan, at 7% you could pay £479 a month and clear it in 4 years - total cost £23k.

Yes thats correct.
Just looking at Moneysupermarket dot com and got the following figs for a £20k loan (unsecured) and its as follows:-

3 years = £623pcm total cost = £22,428
4 years = £485pcm total cost = £23,269
5 years = £402pcm total cost = £24,120

So like for like the 4 year PCP will cost £28.8k v £23.2k over 4 years £1.4k a year premium to allow you to hand the car back and PCM its £50pcm less.

Like for like on a 3 year deal PCP will cost £27k v £22k over 3 years £1.67k a year premium to allow you to hand the car back and PCM its £140pcm less.

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Vee said:

So you're thinking of paying £484 a month to lease a 2 year old car (5 years old by the time you're done with it) ?

If you go the personal loan route, as long as the car is worth more than £5k in 3 years time you're better off ?

Good advice.

So should everyone opt for HP on used cars only - and likewise should you do the same for brand new cars too or is that a different kettle of fish?

Note - would you think a 5 year old 330d M Sport Auto leather with 76k would really be worth >£5k?

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Vee said:

Look at 2003 E46 330d Sports with <100k on.
Can you find one for less than £9k ?

Initial BMW select quotes are always too high - you have to beat them down.
If you can do the higher monthly payment, then don't take the BMW Select quote you have.

Yes I can on A Trader - lots around & I think looking at the prices the 184bhp 330d is now below £7-7.5k and the 204bhp 330d starts at £7k. All have ~100k on them.

The lust is there fore the new one - but its hard to not consider the older one at well under half the asking price of the 2 year old one.

But 2 year old worth £36k with options is worth £20k after 2 years but a 5 year old one is worth £9k with 100k. At what age do things start to go wrong with them? Im guessing yrs 2 to 5 should be hassle free motoring (but you'd be forced to use main dealer BMW to service it) whereas after 5 yrs you may self service or indy service but there will be more issues with the older car.

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CypherP said:

I was tempted a few months ago to go for a 55 330, and think the price was around the £16k mark, but in the end, found a local private sale on autotrader for a 52 plate 325ci M Sport, which with a little haggling with the long-term female onwer, got me the keys at £6800. Had 72k miles, 2 brand new rear tyres, just had full service, 5 months tax and 12 months MOT.

So if you really want to save yourself some money for another toy, i highly recommend that route. Been the best few motoring months in the last 7 years.

Is that the 194bhp version or is it more?

Whats the MPG like?
What options leather?

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Yeah, its the 194bhp. Town/partial motorway driving, im averaging around 32mpg which personally i think is pretty good for a 2.5. With current fuel costs, its costing me around £50-£55 to fill the tank, but getting a good 350-375 miles from that, which again, i dont find too bad.

Mine has pretty much all the extras, mine has the alcantara seats though, as i didnt want leather, but all electric, parking sensors, cruise control, climate & air con, 6 disc changer, all m sport styling, so bigger mv alloys, only thing im missing is the sat-nav/tv, but it was 6 months younger to them putting that in as standard.

If you look around, you can find them for a decent price, and as i said before, rather than opting for something slightly newer, i found my 325ci M sport for a bloody good price, with reasonable mileage and a complete service history.
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Been looking on A Trader for 5 year old E46 Sports - 330i/330d/325i and there does seem to be a lot of decent stuff around. With the 325i it looks like they are around the £5-6k mark with as you say everything, the 330i seems to be around the £7k and likewise the 330d also seems to be £7k but higher milage though.

Just thinking as per the original post £485pcm thats just shy of £6kp.a. therefore thinking about it in theory I could buy one of these run it for a year and scrap it for £0 then do the same for the next 4 years.

I wonder how much a 325i sport (like yours) would be worth in 4 years time with say 12 to 15k a year milage, so an additional 48k to 60k?

Basically with my current car I bought that when it was 6years old with very low milage and have run it for 5 years bought for just over £6k - so far thats £1250p.a. depreciation and it has been self serviced as my father is a mechanic and knowing I always intended to keep it a long time its relidual value come sale time would be low anyway with or without "official" service history (note all receipts for parts kept).

I guess I could do the same again - but as you say an 02 reg 325i sport (but a little worried as its down on power from my current car & being N/a will lack low down torque - hence me thinking the 330i would be better 230bhp? Or the 330d 184bhp - but Ideally the 204bhp.). Anyone can change the oil, oil filter, spark plugs, air & pollen filter & changing bulbs is simple too. I guess the key is to buy one which has just had new discs & pads all round then frankly given my milage over the next 4 years it will not wear them out.

Do you have a trip computer? What does it display?

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Yeah thats a fair comment, but talking from past experience, i've driven both 330s and 330ds used as company cars, and there isn't a great deal of difference in the power-band between that and what i have now. My other reasons for looking at and buying a 325ci is the fuel economy, as compared to the likes of a 330, my 325 is actually pretty forgiving, even when you do feel like being a little more aggressive.

I bought mine with 72k miles for £6800. Im planning on keeping it for at least the next 2 or 3 years, although im only covering around 10-12k miles a year, so by this time i should be pushing it just over 100k. I'm hoping that, keeping the servicing and oil changes up-to-date, i should still be able to get £4-£5000 for it even with that mileage. May be a little optimistic, but judging by some of them you find on autotrader, that might be quite accurate.

I do have a trip computer yes. Displays miles remaining per tank, outside temp, average mpg, average speed and current time. Also gives you next service info when the ignition is switched on, which is normal for most bmws of that age anyway.

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Even in the worst case scenario I'd say it will be worth upward of £2k after 3 years in which case that would be a worst case scenario of £1.6k depn per year. Looking at contract hire (effectively the same as depn or I consider it to be) then what could you really get for £133pcm?? Incl VAT! Not much Fiat Panda/Pug C1? And you have a Jnr Exec car.

Is yours the 5 speed or the 6 speed? (did it come 6 speed) and if so what revs is 70mph & if doing 70mph whats the MPG at that speed?

Must admit the sound of the I6 is VERY nice.

Hmm - diesel isnt such a good deal IMHO as it would only be the 184bhp or a leggy 204bhp model with the risk of turbo failure whereas the I6's dont seem to have any issues

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70mph you're looking at about 3-3500 rpm, so definately not straining the engine at that speed by any means.

Im not sure about 6 speeds, as i think they came on the newer models, kinda 53/04 upwards i think.
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I'm surprised at the revs - Mine is 5 speed too and at 70mph its doing 2,800rpm (as it turns out peak torque) - seems high from what Im used to.

My redline is at 7000rpm - is it the same for the 325i?

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Just looked on Parkers for the Combined MPG and its as follows (oddly the 330i is no different to the 325i ....)

325i = 31mpg, 189bhp, 254Nm, £300VED
330i = 31mpg, 231bhp, 300Nm, £300VED
320d = 49mpg, 147bhp, 243Nm, £150VED
330d = 42mpg, 201bhp, 410Nm, £205VED

Assuming Petrol is £1.09/ltr & Diesel is £1.209/ltr and ave milage of 12k p.a. then the fuel costs is as follows:-

325i = £1926
330i = £1926
320d = £1351
330d = £1577

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Well, i'm not looking for £8k+ in 2 years as i paid £6800 for it, so in 2 years time, if i managed to get £5-£6k for it, i'd be more than happy.

I do agree with the points about a 330 though. If i had a little extra cash up front at the time of purchase, and it wasn't for the fact that i found this one by chance and bought it for below what it was currently worth, then i would have considered a 330.
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I tend to always go for a 2nd hand car loses 22.5% every year from the value at the start of that year

So in your case purchase price £6.8k
Year 2 value will be £5270 - so in that year depn of £1,530
Year 3 value will be £4084 - so depn in yr 2 will be £1,186
Year 4 value will be £3165 - so depn in yr 3 will be £919

So in the 3 years of ownership i.e. sell on day 1 of 4th year you will have lost £3635 or £1,200p.a. on average which is very good.

Clearly it could be a lot worse or not as bad but if you stick to 22.5% you should be there or there abouts.