330i M-Sport Touring prices...

[dubbs]

They seem to be all over the shop...

How much would a decent MY02, auto, desirable colour, leather interior, FSH and less than 100k go for these days? Anyone?

[Jobbo]

I'd suggest no more than £3k to buy one - asking prices might be all over the place but sale prices are what matter.

[Fox-]

£4k should buy a nice one. Not really sure the saving is proportional to the increase in iffy 9 owner munters you get the cheaper you go. Just not sure it's worth plunging into the pit of 90% junk just to save a grand, especially as you could lose that grand sorting out the hidden issues once you've got it anyway. Just buy a nice one in the first place.

A 2002 is a Sport, not an M Sport. This is my OCD bugbear at the moment so I point it out at every opportunity

[Jobbo]

£4k would have to be very nice to justify it - £3k was trade-in value in 2010 for a 2002MY with under 100k miles and full BMWsh. I had no bites for mine when I advertised it at £3250 recently; put the ad price down to £2995 and it sold straight away.

Oh, and paying a grand more for a car *never* gives any indication that it's in better condition under the skin than a cheaper one. Sellers, even dealers, don't go and view all the other 330i Sport Tourings out there and price theirs commensurately.

[Sir_Dave]

Jobbo said:

I had no bites for mine when I advertised it at £3250 recently; put the ad price down to £2995 and it sold straight away.

Yours was a bargain though

Have done 2k miles in it since i collected it in fact. Lots of unleaded has been used lol.

[Jobbo]

Glad you're enjoying it - and both of us were happy with the deal But I should have held out for £3k Did you see the other topaz one which was sold on eBay last week for £2,657? Very similar age, mileage etc.

£4k would have been way OTT.

ETA: hang on, 2k miles already - it's only been 2 weeks hasn't it?!

[Fox-]

Jobbo said:

£4k would have to be very nice to justify it - £3k was trade-in value in 2010 for a 2002MY with under 100k miles and full BMWsh. I had no bites for mine when I advertised it at £3250 recently; put the ad price down to £2995 and it sold straight away.

Trade in price is irrelevent - it differs depending on the dealers attitude, the day of the week, the price of what you want to buy, etc. And the trade don't want these cars so they are not going to do anything other than bid bottom money for it anyway.

Yours sold straight away at £2995 because at this price it attracts the impulse buyres. The world isn't full of people wanting a decent 330i Sport Touring - so they take a while to sell unless you price it so cheaply that it begins to attract the people who'll just buy it to take a punt on it, which is presumably the route you took to get rid of yours quickly. The buyer of yours did very well indeed, if it was a decent example they got themselves a really good bargain.

There isn't a single 330i Sport Touring on Autotrader for less than £3495. Not one. If you discount the one with cloth seats then there isn't a single car advertised for less than £4k Now obviously AT prices are asking prices not selling prices but I think its a bit of a stretch to claim the going rate is 25% below the absolute cheapest advertised example is up for, especially as the cheapest one on there is rarely the nicest and he's after a nice one. £4k is the starting price really on Autotrader.

A friend of mine just sold his MY2002 330i Sport Saloon with 180k miles and seats that really had seen better days and still managed to get 2500 quid for it. A car with half the miles in better condition is worth more than the 300 quid extra you tok for yours I'd say!

It can take months to sell decent BMW's. It took me 2 months to sell mine - and I got my asking price. I could have dropped it by £2k 1 month in, sold it within 2 days and then said 'I had to drop mine £2k to sell it...' but I hung out and got what it was actually worth.

Edited by Fox- on Thursday 3rd May 17:30

[Jobbo]

You spout a lot of stuff about buying and selling for someone who only buys one car every 10 years, and each time from a main dealer

I could have held out for a couple more hundred pounds, but the price people are willing to pay for a 330i Sport Touring won't be £3,500. That's why they're in the classifieds and not with their new owner.

Here's an example from Auto Trader which has actually sold: £3990 before haggling from a dealer, 03 model. So a car which is a year older bought privately should be a fair bit cheaper, no?

Edited by Jobbo on Thursday 3rd May 17:57

[Fox-]

Only from a dealer once and my defence is I had no choice, far rather buy privately

So where are all these cars he sould consider?

The cheapest one on Autotrader is £4k. The cheapest one on PH is £4.5k, the cheapest Ebay Classified ad is a 2003 at £5.4k (lol).

I just can't see what you'd call up about if you wanted to pay less than £3k? There just isn't anything around at that money if he wants a Sport Auto. SE would do it, I'd imagine.

If he wants a sub 100k 330i Sport Auto Touring I'm not sure what choice he has but to pay more than £3k for it?

Edited by Fox- on Thursday 3rd May 18:46

[kchika]

Sir_Dave said:

Jobbo said:

I had no bites for mine when I advertised it at £3250 recently; put the ad price down to £2995 and it sold straight away.

Yours was a bargain though

Have done 2k miles in it since i collected it in fact. Lots of unleaded has been used lol.

What, 2k miles already!? I'm only just onto 1k miles on the M3 and the 330 is getting used less and less every day, lol.

[Sir_Dave]

Jobbo said:

Glad you're enjoying it - and both of us were happy with the deal But I should have held out for £3k Did you see the other topaz one which was sold on eBay last week for £2,657? Very similar age, mileage etc.

£4k would have been way OTT.

ETA: hang on, 2k miles already - it's only been 2 weeks hasn't it?!

Yeah, i enquired about the other one on the Friday as well!! You got back to me straight away, he took until Sunday - by which time id already bought your one lol. To be fair, it was the BMW warranty on yours that was the key selling point for me, especially with the autobox ... oh, & yours had tax

But yeah, i do roughly 2-3k miles a month ...

Fox- said:

Yours sold straight away at £2995 because at this price it attracts the impulse buyres.

i only bought it as it was a bargain.

kchika said:

What, 2k miles already!? I'm only just onto 1k miles on the M3 and the 330 is getting used less and less every day, lol.

lol, since i sold the M3, ive also bought/sold a 197 Cup (didnt like it) that i did 1500 miles in in 3 weeks!! Put another 500 miles on the Trophy, & done 2k in the 330 ... think i did 4k miles in the M3 in January alone - was about £750 in fuel from memory!!

[Jobbo]

Sir_Dave said:

Fox- said:

Yours sold straight away at £2995 because at this price it attracts the impulse buyres.

i only bought it as it was a bargain.

You should easily sell it for what you paid, too.

Fox, I concede that if you are in a rush to buy a 330i Sport Touring right now, it seems you can't find one at £3k; but two have been sold for less than that in the last couple of weeks so as a buyer I'd suggest hanging on rather than paying too much. I spent 3 months looking for mine (and saw quite a few others which were mainly overpriced), and because I paid the right price 18 months before, I could let it go for ~£3k without feeling I'd been done.

Anyway, I hope all this is helpful to the OP