How much further will they depreciate...BMW 6 Series.
How much further will they depreciate...BMW 6 Series.
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Discussion

fizz47

Original Poster:

3,116 posts

231 months

Thursday 12th April 2012
quotequote all
I can see that the 6 series have fallen quite a bit with 2004 645 going for about 9k. A little more for a decent one. The 630 are slightly more expensive but what are peoples thoughts on how low will they go?

What price will they settle down for a well maintained one or will they keep falling?


LuS1fer

43,095 posts

266 months

Thursday 12th April 2012
quotequote all
Blind people keep falling so these will.

Tuvra

7,926 posts

246 months

Thursday 12th April 2012
quotequote all
Keep falling to around £5k 645, £7k 630 & 650, £9k 635d.

Thirsty engines and 2 tonne of potential electrical borkage being the main factor all IMHO of course!

B'stard Child

30,673 posts

267 months

Thursday 12th April 2012
quotequote all
1998 BMW E38 740 - purchase price £70K

Resold in 2004 - new owner paid £9K

Resold in 2006 - I paid £5K

Value now £2K - maybe less

What makes anyone think that a 645 is going to do anything different to above


LuS1fer

43,095 posts

266 months

Thursday 12th April 2012
quotequote all
Because in general coupes keep their prices better through being more attractive than saloons. The original 6 series is always going to command more than a 5. That said the last 6 series was far less a looker and far more "marmite" so the market is going to be 50% less, I would guess.

Tuvra

7,926 posts

246 months

Friday 13th April 2012
quotequote all
LuS1fer said:
Because in general coupes keep their prices better through being more attractive than saloons. The original 6 series is always going to command more than a 5. That said the last 6 series was far less a looker and far more "marmite" so the market is going to be 50% less, I would guess.
This.

Plus the 7's are probably the worst of all the BMW's in regards to depreciation.

Marquis Rex

7,377 posts

260 months

Friday 13th April 2012
quotequote all
LuS1fer said:
Blind people keep falling so these will.
rofl

B'stard Child

30,673 posts

267 months

Friday 13th April 2012
quotequote all
Tuvra said:
LuS1fer said:
Because in general coupes keep their prices better through being more attractive than saloons. The original 6 series is always going to command more than a 5. That said the last 6 series was far less a looker and far more "marmite" so the market is going to be 50% less, I would guess.
This.

Plus the 7's are probably the worst of all the BMW's in regards to depreciation.
No different to any other large barge - even one from french manufacturers.

I don't mind depreciation as long as I'm on the lowest part of the curve biggrin

alfabadass

1,852 posts

220 months

Friday 13th April 2012
quotequote all
I'm licking my lips at a 6k bargain GT!

645Ci...yes please!

Petrol is a fking rippoff. If I'm going to get assraped at the pump, I'd rather do it in luxury.

I like the styling. Not perfect but it's a great car for 8k

300bhp/ton

41,030 posts

211 months

Friday 13th April 2012
quotequote all
fizz47 said:
I can see that the 6 series have fallen quite a bit with 2004 645 going for about 9k. A little more for a decent one. The 630 are slightly more expensive but what are peoples thoughts on how low will they go?

What price will they settle down for a well maintained one or will they keep falling?
Erm take a look at classic 6 Series and 8 Series prices, they did below £1000 and a few grand will buy you a nice one.

So the question is, are you meaning short, middle or long term prices? One things for certain, buy now and this time next year it'll be worth less than what you paid for it. But this is pretty much the norm for any high end car.

300bhp/ton

41,030 posts

211 months

Friday 13th April 2012
quotequote all
B'stard Child said:
1998 BMW E38 740 - purchase price £70K

Resold in 2004 - new owner paid £9K

Resold in 2006 - I paid £5K

Value now £2K - maybe less

What makes anyone think that a 645 is going to do anything different to above
yes

300bhp/ton

41,030 posts

211 months

Friday 13th April 2012
quotequote all
alfabadass said:
I'm licking my lips at a 6k bargain GT!

645Ci...yes please!

Petrol is a fking rippoff. If I'm going to get assraped at the pump, I'd rather do it in luxury.

I like the styling. Not perfect but it's a great car for 8k
But this is nothing new. Jaguar XJ-S's were worth nothing (I bought mine for £700!), SL Mercs, other BMW's, Lexus/Toyota Soarer's.

Newer cars will obviously take a few years to depreciate to such levels, and by the time they do they'll no longer be the "in fashion new cars". But they will still be as good as they were when launched.

Cheburator mk2

3,177 posts

220 months

Friday 13th April 2012
quotequote all
300bhp/ton said:
Erm take a look at classic 6 Series and 8 Series prices, they did below £1000 and a few grand will buy you a nice one.

So the question is, are you meaning short, middle or long term prices? One things for certain, buy now and this time next year it'll be worth less than what you paid for it. But this is pretty much the norm for any high end car.
I love the general sweeping statement, coming from someone, who has never owned a nice GT... Come on, admit it, the Jaguar... Was it nice? Was it really nice? Was it a one footer or a 4 footer? For £700, I can only guess...

Your few grand does not buy you a nice BMW or a XJS or a 928 for that matter. A few grand buys you a ticket to spend a few more grand in the futile hope that said chariot would be miraculously transmorfed into a nice one...

Edited by Cheburator mk2 on Friday 13th April 16:28

btsidi

247 posts

252 months

Friday 13th April 2012
quotequote all
300bhp/ton said:
But they will still be as good as they were when launched.
Until something non standard goes wrong frown

A £70,000 car could have sky high bills for parts that aren't shared on the £15,000 rep version (if you bother to fix)

Also a 14 year old car may have a lot of worn bits, although to be a fair so could a 4 year old repmobile




chris182

4,227 posts

174 months

Friday 13th April 2012
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These are only going to go down and further down in price. They are not rare, they are expensive to maintain and are thirsty, all of which leads to catastrophic depreciation. Unlike old GT cars & luxo barges they are too modern and complex for much DIY maintenance and repairs, so I think the values will go through the floor over the next few years.