For all about to buy a new 1 series.
Discussion
As the OP states 9 months ago this is surely a case of his mate going to town on the options list for a car that was imminently about to be superceded, as the F20 was released in September, which is only going to add to the depreciation significantly. Can the OP confirm the car is the previous generation 1er?
I've ordered quite a high spec F20 125d - I know its going to take a spanking - but hopefully not to this degree.
I've ordered quite a high spec F20 125d - I know its going to take a spanking - but hopefully not to this degree.
Buster73 said:
A friend of mine bought a new one series 9months ago.
Best part of £33k ..........don't ask why that's a different story.
Just been back to the stealers wit h a view to changing.
The best offer is £17.5k
Why would anyone with half a brain order a new 1 Series literally a few months before the all new model came out!?Best part of £33k ..........don't ask why that's a different story.
Just been back to the stealers wit h a view to changing.
The best offer is £17.5k
What model did he get? It could be a case of very poor timing or he went mental with the options list.
However, the new car is a howler (from an aesthetic perspective at least) and I'd definitely put my money into the previous generation - but not until much haggling was undertaken.
Now would really be the time to by the previous model car and haggle your way to a possible bargain.
However, the new car is a howler (from an aesthetic perspective at least) and I'd definitely put my money into the previous generation - but not until much haggling was undertaken.
Now would really be the time to by the previous model car and haggle your way to a possible bargain.
The best bet is to go where BMW offers a good deal on leasing. I've paid €420/month for three years and 105k km in a 123d. List new was €39k; the actual market value at the end of the leasing term was around €18k for a similar model. I wanted to lease the same car in new again (just before the F20 was released), but they wouldn't offer less than €510pcm. Needless to say I went elsewhere.
Fox- said:
Buster73 said:
A friend of mine bought a new one series 9months ago.
Best part of £33k ..........don't ask why that's a different story.
Just been back to the stealers wit h a view to changing.
The best offer is £17.5k
Why would anyone with half a brain order a new 1 Series literally a few months before the all new model came out!?Best part of £33k ..........don't ask why that's a different story.
Just been back to the stealers wit h a view to changing.
The best offer is £17.5k
A BMW 120d Msport auto was about £27k new before options!
If you add met paint,leather,satnav and a few bits and bobs you will be at £33k before you know it!
A lot of people are not petrol heads and are just after a new car!
Probably that BMW was sitting in the showroom non ph dream punter walks in likes it and buys it.
Salesman still try's to sell dream punter GAP,paint protection and any other money making add on he can think of!
Result: lots of hilarity after punter has left and new blingy watch and Shinee suit ordered!
These are the customers salesmen want not PH'ers like us !
If you add met paint,leather,satnav and a few bits and bobs you will be at £33k before you know it!
A lot of people are not petrol heads and are just after a new car!
Probably that BMW was sitting in the showroom non ph dream punter walks in likes it and buys it.
Salesman still try's to sell dream punter GAP,paint protection and any other money making add on he can think of!
Result: lots of hilarity after punter has left and new blingy watch and Shinee suit ordered!

These are the customers salesmen want not PH'ers like us !
Lies, damned lies, and statistics 
We only know 3 things, the price paid, the current offer trade in price and the age. There could be all sorts of reassons for what appears to be a low trade in price, but how do we know it has not got 30k on the clock now, then it has only cost them about 50p per mile.
I sold a 2 year old Kia the other day and lost over 50% but due to millage of 37K miles it works out at just 20p per mile.
There is always more than 2 ways to look at these things

We only know 3 things, the price paid, the current offer trade in price and the age. There could be all sorts of reassons for what appears to be a low trade in price, but how do we know it has not got 30k on the clock now, then it has only cost them about 50p per mile.
I sold a 2 year old Kia the other day and lost over 50% but due to millage of 37K miles it works out at just 20p per mile.
There is always more than 2 ways to look at these things

Buster73 said:
A friend of mine bought a new one series 9months ago.
Best part of £33k ..........don't ask why that's a different story.
Just been back to the stealers wit h a view to changing.
The best offer is £17.5k
Now that's depreciation.
Sounds a bit mean, I just got £13k for my 59 plate 120d M Sport 3dr from a BMW dealer. The new F20 model has some very good finance offers on the moment and the market being very price led, probably explains the mean offer on your friends 1er. Have to say, I would never have bought a new, previous model 1er for that money though. It's a good car, but not £33k good!Best part of £33k ..........don't ask why that's a different story.
Just been back to the stealers wit h a view to changing.
The best offer is £17.5k
Now that's depreciation.
mercGLowner said:
Sounds a bit mean, I just got £13k for my 59 plate 120d M Sport 3dr from a BMW dealer. The new F20 model has some very good finance offers on the moment and the market being very price led, probably explains the mean offer on your friends 1er. Have to say, I would never have bought a new, previous model 1er for that money though. It's a good car, but not £33k good!
If you don't mind me asking, which BMW dealer was this? Looking to trade mine in and have been offered a lot less than this.Cheers.
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