330D xDrive Depriciation
Discussion
Hi guys,
I am considering buying a 330D xDrive which is fully loaded with all options excluding a sunroof but I am not fussed about that. I haven't seen the car yet but the advert and pictures have really got me excited!
The car is in pristine condition with only 32k on the clock 0 owners and full BMW service history, the owner bought it from BMW new and has looked after it very well, it comes with the M Performance Pack which makes it look more aggressive and more tempting.
Anyways I will be going to look at this car over the weekend hopefully to see it in real life but just by looking at the pictures I know that I will fall for it but don't want to make a mistake on buying it as I will be buying cash for it.
It is a 2014 plate with all options and very low mileage, what I would like to know is if any of you guys did a similar deal on a car and how much did you loose on it? I have in my head that if it is a desirable model and is fully loaded it holds value very well, is this true? This is the first time I will be putting a lot of money towards a car so a little scared and do not want to loose massively. How much would it be worth in 2 years time and with a end mileage of around 40-45k?
Thanks
I am considering buying a 330D xDrive which is fully loaded with all options excluding a sunroof but I am not fussed about that. I haven't seen the car yet but the advert and pictures have really got me excited!
The car is in pristine condition with only 32k on the clock 0 owners and full BMW service history, the owner bought it from BMW new and has looked after it very well, it comes with the M Performance Pack which makes it look more aggressive and more tempting.
Anyways I will be going to look at this car over the weekend hopefully to see it in real life but just by looking at the pictures I know that I will fall for it but don't want to make a mistake on buying it as I will be buying cash for it.
It is a 2014 plate with all options and very low mileage, what I would like to know is if any of you guys did a similar deal on a car and how much did you loose on it? I have in my head that if it is a desirable model and is fully loaded it holds value very well, is this true? This is the first time I will be putting a lot of money towards a car so a little scared and do not want to loose massively. How much would it be worth in 2 years time and with a end mileage of around 40-45k?
Thanks
Edited by Iddz on Thursday 6th July 10:39
Edited by Iddz on Thursday 6th July 11:39
Andehh said:
Only advice is look at Auto Trader and gauge prices accordingly.
Thanks for the reply,That's the first thing I done, looking at the prices going I will be getting a good deal however there is not many M Performance up for sale that match the one I want so it is a little difficult to get an accurate valuation against them.
Also I would like to know what the depreciation on these will be like in the coming year or even two depending on how bad it is, I am willing to loose 2k but don't want to go any lower.
In 2 years time it will be 5 years old. I bought my last BMW (e91 325d) when it was this old with 42k on the clock. Sounds similar to yours in that it was a highly specced car(about £7k extras at list) with the first owner being BMW. Bought from an independent dealer so no Dealer warranty but purchased mondial warranty. Car now on 62k and in a private sale I would expect to have lost about £5.5-6.0k in 3 years So with your car being at an earlier point in the depreciation cycle it would seem highly unlikely that your depreciation would only be £2k over 2 years.
I wont be considering selling for at least another 2years so annual depreciation amount will reduce but at same time dont expect to have any major costs to keep the car on the road.
Although the car is high spec it is unlikely to result a greatly higher price when it comes to resale time- but will make the car easier to sell for most cars. Although my next car mat be a similar spec to yours it won't be an X drive, unnecessary in my opinion with complexity may result in higher maintenance and running costs. A set of winter wheels and tyres far cheaper way of keeping mobile in winter.
HTH
I wont be considering selling for at least another 2years so annual depreciation amount will reduce but at same time dont expect to have any major costs to keep the car on the road.
Although the car is high spec it is unlikely to result a greatly higher price when it comes to resale time- but will make the car easier to sell for most cars. Although my next car mat be a similar spec to yours it won't be an X drive, unnecessary in my opinion with complexity may result in higher maintenance and running costs. A set of winter wheels and tyres far cheaper way of keeping mobile in winter.
HTH
I would be wary about putting much money into a Diesel at the moment.
I can see the current anti-diesel hysteria turning into more tax and collapsing residuals as demand for used cars melts away.
It would only be worse if Corbyn gets a chance at things but I can still see the Tories hammering diesel to demonstrate green credentials.
Get a nice petrol instead.
I can see the current anti-diesel hysteria turning into more tax and collapsing residuals as demand for used cars melts away.
It would only be worse if Corbyn gets a chance at things but I can still see the Tories hammering diesel to demonstrate green credentials.
Get a nice petrol instead.
Edited by Helicopter123 on Thursday 6th July 12:40
I guess it is worth £16-19k today, and probably £10-13k in 2 years.
The M Performance stuff makes little difference to the value - it will put some buyers off and appeal to others.
For reference I have owned my 2014 335d from new, which is clearly worth a little more than a 330xd. It has 43k miles, a very good spec and I asked a couple of dealers what they would pay for it. The best bid I could find was £18k. I imagine I could sell it for £20k privately. I am not intending to sell though - it's worth more than that to me.
The chance of you losing just £2k is highly unlikely, unless you buy it VERY cheaply, say £14k
The M Performance stuff makes little difference to the value - it will put some buyers off and appeal to others.
For reference I have owned my 2014 335d from new, which is clearly worth a little more than a 330xd. It has 43k miles, a very good spec and I asked a couple of dealers what they would pay for it. The best bid I could find was £18k. I imagine I could sell it for £20k privately. I am not intending to sell though - it's worth more than that to me.
The chance of you losing just £2k is highly unlikely, unless you buy it VERY cheaply, say £14k
Helicopter123 said:
I would be wary about putting much money into a Diesel at the moment.
I can see the current anti-diesel hysteria turning into more tax and collapsing residuals as demand for used cars melts away.
It would only be worse if Corbyn gets a chance at things but I can still see the Tories hammering diesel to demonstrate green credentials.
Get a nice petrol instead.
I imagine that the 330d which the OP is looking at may be a Euro 5 car. if that's right, it is likely to have some effect on value since the T-charge starts in 2019 and affects Euro 5 and below. If it's a Euro 6 car, there is very little to worry about. Neither the Tories or Labour are about to do something which annoys 15-20 million voters. There are 11 million odd diesel cars in the UK. I can see the current anti-diesel hysteria turning into more tax and collapsing residuals as demand for used cars melts away.
It would only be worse if Corbyn gets a chance at things but I can still see the Tories hammering diesel to demonstrate green credentials.
Get a nice petrol instead.
335d said:
I guess it is worth £16-19k today, and probably £10-13k in 2 years.
The M Performance stuff makes little difference to the value - it will put some buyers off and appeal to others.
For reference I have owned my 2014 335d from new, which is clearly worth a little more than a 330xd. It has 43k miles, a very good spec and I asked a couple of dealers what they would pay for it. The best bid I could find was £18k. I imagine I could sell it for £20k privately. I am not intending to sell though - it's worth more than that to me.
The chance of you losing just £2k is highly unlikely, unless you buy it VERY cheaply, say £14k
Thanks for the advise, It is nowhere near the 14k mark that I am to be paying but around 17/18 which I supposed was really low, I guess it isn't as much of a good deal as I though it was then.. The M Performance stuff makes little difference to the value - it will put some buyers off and appeal to others.
For reference I have owned my 2014 335d from new, which is clearly worth a little more than a 330xd. It has 43k miles, a very good spec and I asked a couple of dealers what they would pay for it. The best bid I could find was £18k. I imagine I could sell it for £20k privately. I am not intending to sell though - it's worth more than that to me.
The chance of you losing just £2k is highly unlikely, unless you buy it VERY cheaply, say £14k
Out of curiosity do you pay PCP on the 335D? How much does it workout for you? are you going to be buying it at the end of lease? Maybe PCP would be the best way to go and I could go for the twin turbos
Iddz said:
Sheepshanks said:
Seriously?
I am already getting it 2k cheaper than what it is worth so if i loose 2k over two years it would mean 4k really,Are you buying it from a kindly relative? If not then you'll be getting it for exactly what it's worth and it will be worth less than that by the time you get home.
£2K over two years? Good luck with that.
Iddz said:
Thanks for the advise, It is nowhere near the 14k mark that I am to be paying but around 17/18 which I supposed was really low, I guess it isn't as much of a good deal as I though it was then..
Out of curiosity do you pay PCP on the 335D? How much does it workout for you? are you going to be buying it at the end of lease? Maybe PCP would be the best way to go and I could go for the twin turbos
I think that's right - £17/18k is pretty much the market value at the moment. Still a great car for the money, but I would anticipate it losing another £6k over the next 2 years. Out of curiosity do you pay PCP on the 335D? How much does it workout for you? are you going to be buying it at the end of lease? Maybe PCP would be the best way to go and I could go for the twin turbos
I bought the 335d with cash, so I don't know about PCP deals, but hopefully someone else can answer that.
Thanks for the input from everyone,
Think I might give this one a miss then even though I was really looking forward to it! I guess the price isn't as much of a discount as I though it was!
Oh well I will wait a little longer until the depreciation is at its lowest, at what price range would you say that is?
Think I might give this one a miss then even though I was really looking forward to it! I guess the price isn't as much of a discount as I though it was!
Oh well I will wait a little longer until the depreciation is at its lowest, at what price range would you say that is?
Iddz said:
Thanks for the input from everyone,
Think I might give this one a miss then even though I was really looking forward to it! I guess the price isn't as much of a discount as I though it was!
Oh well I will wait a little longer until the depreciation is at its lowest, at what price range would you say that is?
The depreciation becomes less and less as the car gets older, but the risk of an expensive failure goes up at the same time. If you are keen not to lose more than a couple of thousand over 2 years, I think you need to be looking at a car worth something like £6k, and a 5 year old Ford / Volkswagen / Mazda / Skoda etc would be a better prospect than a 10 year old BMW. Think I might give this one a miss then even though I was really looking forward to it! I guess the price isn't as much of a discount as I though it was!
Oh well I will wait a little longer until the depreciation is at its lowest, at what price range would you say that is?
You may buy an older BMW and have no expensive failures, but that depends how much you want to rely on luck.
I have an F31 330d X drive bought from a BMW dealer 5 months ago with low mileage too. It came with plenty of options including those you mentioned plus a sunroof - which I love. I paid early 20's which at the time was correct from a dealer. The main dealer I used havent dropped their price much with others since then. However I'm sure if I wanted to give it back they would be having my pants down
Fabulous car and one you will be very happy with I'm sure. If you want a diesel just buy it and worry about the depreciation in a few years when you come to move it on.
Fabulous car and one you will be very happy with I'm sure. If you want a diesel just buy it and worry about the depreciation in a few years when you come to move it on.
Edited by Gary Kinghorn on Thursday 6th July 18:41
Edited by Gary Kinghorn on Thursday 6th July 18:42
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