335d xdrive, good value? Also BMW ways to pay?

[Mr Whippy]

I'm now looking at this.
https://www.autotrader.co.uk/classified/advert/201...

Not the greatest spec but it's local and has mem seats and the key basic packages.

Cazana seems to think it's ok value. I'd prefer a bit older and higher spec but such is life.


Also curious on paying at BMW.

We're trading a car (about £12), and paying the rest cash.

But the dealer in question says they like bank transfers.
Is that now the done thing?
They said bank card caused 1% charge, so about £160 in this case?
Can't we still do a proper bank draft from building society and top up last £1000 with CC? Without worries over clearing?

Just worried about doing bank transfers, what if a digit is out? How do I even do this without a pc and internet banking? On the phone in the dealership?

All seems a bit weird to me but I'm happy to be educated

Part of me just wants to take it in cash but I'm guessing they won't like that any more either

[JulianHJ]

Bank transfer was the preferred method when I picked up my new car from my local Ford dealer in June, and I had no issues with it. I don't buy cars often, but I'd assumed this route was standard practice. Your local branch can probably help if you don't have internet banking.

Check and re-check the amounts and account details and you'll be fine.

[Pioneer]

Some dealer's will refuse cash over a certain amount. I'd stick it on a credit card and pay the difference the dealer is moaning about. And pay over the phone before you go in. Then just clear your card with the cash when the bill comes in. You have plenty of protection then should anything be wrong with the car. DSR and the credit card co. behind you. Plenty of dealers refuse to take a payment over the phone now due to this.

[Mike335i]

Spec looks pretty good to me actually, HK sound, Nav, HBA, M Performance Brakes, Full Black Panel and heated wheel are all desirable options that seem to be missing from many other cars in this price range.

[Monty Python]

Just go into your bank with the account number of the dealer and let them do the transfer.

[Mr Whippy]

£12,000 trade in, £8000 cc say, then £8,000 transfer at bank proper.

That seems safe and then by using a good chunk on CC I get their protection.

I think I only have £10,000 cc limit so can't do it all via that over phone any way.

But the £160 fee for using cc card is fine by me because of protection.


So why wouldn't they be happy do over the phone card payment before visiting?

Would a £500 deposit paid via Cc be enough to get CC protections?

[Smuler]

Mr Whippy said:

I'm now looking at this.
https://www.autotrader.co.uk/classified/advert/201...

Not the greatest spec but it's local and has mem seats and the key basic packages.

Cazana seems to think it's ok value. I'd prefer a bit older and higher spec but such is life.


Also curious on paying at BMW.

We're trading a car (about £12), and paying the rest cash.

But the dealer in question says they like bank transfers.
Is that now the done thing?
They said bank card caused 1% charge, so about £160 in this case?
Can't we still do a proper bank draft from building society and top up last £1000 with CC? Without worries over clearing?

Just worried about doing bank transfers, what if a digit is out? How do I even do this without a pc and internet banking? On the phone in the dealership?

All seems a bit weird to me but I'm happy to be educated

Part of me just wants to take it in cash but I'm guessing they won't like that any more either

I paid 33k on debit card in March to a dealer , no problems and no fee. Have rules changed? I've not heard of this.

Not much to worry with bank transfers, you can go into your bank and do them as MP said. But even if you did it online a wrong digit would likely just throw up an error as it wouldn't match with the sort code and name. 8k should clear pretty quickly, I know when I spent about 18k it got held up in fraud checks, believe that happens over 10k
I wouldn't take a bank draft or cheque when selling a car, cash or a debit card in the bank is all I've done. So maybe dealers are as cautious on those two options.
Really don't see much to worry about.


Car has 3 options I really go for, LED (unless they are standard), electric and heated seats. Low mileage. Enjoy it if you go for it

[PorkInsider]

I bought my M4 from the very same dealer earlier this year and paid by debit card at their suggestion.

[Mr Whippy]

Paid deposit today, they gave a nice form with the payment details so I'll just let the people at the BS deal with that.


Picking up Tuesday.


One weird thing, I did a HPI tonight via Cazana and it said it had outstanding finance to BMW.

Cazana said:

Finance status
Outstanding finance

Agreement 1
Finance company
BMW FINANCIAL SERVICES (GB) LTD

Finance contact number
0370 xyz xyz blah blah

Agreement date
2017-09-14

Agreement reference
Blah blah I put this here.

Agreement term
4

Agreement type
UNIT STOCKING

Description of Vehicle on agreement
BMW 3 SERIES F30 335D XDR

Seems BMW took out finance on the car the day they took it in, as that's the day the tax lapsed!?

Probably fine but still not ideal they didn't say a HPI check would reveal such an issue.


It looks like maybe they finance off BMW to stock their own forecourt?

Has anyone else seen that before?

[DuraAce]

Stocking finance is perfectly normal practice.

[Mr Whippy]

Ah fantastic, looked normal just had to ask.

Thanks for the reassurance!

Roll on Tuesday and hypermiling home in eco mode haha

[rsv gone!]

Had exactly the same on the BMW bike I bought from a main dealer