Ouch. Serious depreciation.

Ouch. Serious depreciation.

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Discussion

turbobloke

104,141 posts

261 months

Sunday 26th January 2014
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Sealine South said:
Yes, agreed M6 is different but the rest of them seem a bit uuuuurgghhhh. Can't put my finger on it
I know what you mean. The 6-series including the M6 did little for me then for some reason they started to appeal, now it's likely to be a future purchase, but it would have to be an M6. A similar transition thing happened with the E65 Bangle Butt.

KFC

3,687 posts

131 months

Sunday 26th January 2014
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I'd considered an M5 or an M6 but in the end the Cayenne won. I definitely wouldn't mind adding an M5 at some point if the current ones continue to fall in price at the rate they have been.

Acquah

527 posts

173 months

Sunday 26th January 2014
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RenesisEvo said:
Indeed! The petrol V8s are equally surprisingly good, which is why I wrote 'i'.
Coupe: Urban / Extra-Urban / Combined (mpg), from BMW's UK brochure

640d: 40.9 / 57.6 / 50.4
640i: 26.2 / 47.1 / 36.2

Although on the strength of your data the figures are optimistic, I think a combined figure of 36 for the petrol V8 is still pretty good IMO. If I wanted a D I'd have to deeply consider a Panamera diesel.
640i is a turbo in-line six. 650i is a V8. I've tried both diesel and petrol sixes, and both are brilliant. I was particularly shocked by how good the 640d was.

Mermaid

21,492 posts

172 months

Sunday 26th January 2014
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KFC said:
... I definitely wouldn't mind adding an M5 at some point if the current ones continue to fall in price at the rate they have been.
A far better used proposition than the E60 m5

edo

Original Poster:

16,699 posts

266 months

Sunday 26th January 2014
quotequote all
Mermaid said:
KFC said:
... I definitely wouldn't mind adding an M5 at some point if the current ones continue to fall in price at the rate they have been.
A far better used proposition than the E60 m5
Nice saving.

http://www.autotrader.co.uk/classified/advert/2013...

BMW M5 4dr DCT 4.4 MANUFACTURER APPROVED NEARLY NEW
2639 miles
Silverstone, Call 01332 546171, "BMW Service Package Inclusive", Navigation System Professional, Bluetooth Telephone Preparation, Alloy Wheels M-Double Spoke 19", Four Zone Automatic Air Conditioning, Electric Glass Sunroof, Xenon Headlamps, Adaptive Headlights, M Multi-Functional Seats, Heated Front Seats, Head Up Display, BMW Loudspeaker System, DAB Digital Radio, USB Interface, Sun Protection Glass, Cruise Control, Parking Distance Control - Front and Rear, Rain Sensor with Auto Headlight Activation, Electric Front Seats with Driver Memory, Electric Lumbar Support For Front Seats, Electric Front & Rear Windows, Remote Central Locking, M-Aerodynamic Bodystyling, Front Sport Seats, M Sport Steering Wheel, Anthracite Roof Lining, Ambient Lighting, ISOFI. £53,706




RenesisEvo

3,617 posts

220 months

Sunday 26th January 2014
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Acquah said:
640i is a turbo in-line six. 650i is a V8. I've tried both diesel and petrol sixes, and both are brilliant. I was particularly shocked by how good the 640d was.
Thanks, I need to stop confusing E63s with F12s. I've experienced an M6 CP, from the passenger seat admittedly so not much to comment on other than the soundtrack in the cabin was a bit flat (synthetic?). The interior is truly a lovely place to sit, and it goes very well, didn't feel like a turbo powerplant in the way it delivers and revs.

Jim AK

4,029 posts

125 months

Sunday 26th January 2014
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fatboy b said:
I'm sorry, but no BMW is worth that money (£103k). They're no longer a premium brand imo.
Hear hear.

USABRZ

70 posts

128 months

Sunday 26th January 2014
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I was shuttling around a female friend who dodsnt know much about cars, and we passed an m6. I remarked that it was a very nice type of bmw, and her response was a pause, then, "it's ugly". I paused for a moment as well, and agreed.

The rear end is dreadful.

Jim AK

4,029 posts

125 months

Sunday 26th January 2014
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kVA said:
Jesus H Christ - How to devalue your brand in one fell swoop!!!!

Never have liked BMW - a triumph of marketing over engineering and value for money (...and complete indifference to the entire concept of customer service, in my experience)
How right you are KVA.

TooMany2cvs

29,008 posts

127 months

Sunday 26th January 2014
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It's all very well saying "Well, yes, the list is £103k, but they're really only £80k" - but I'd suspect that a very large percentage of buyers are putting it through a business - in which case, the P11D value is still £103k...

whoami

13,151 posts

241 months

Sunday 26th January 2014
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TooMany2cvs said:
It's all very well saying "Well, yes, the list is £103k, but they're really only £80k" - but I'd suspect that a very large percentage of buyers are putting it through a business - in which case, the P11D value is still £103k...
Which has precisely nothing to do with depreciation.

zcacogp

11,239 posts

245 months

Sunday 26th January 2014
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RenesisEvo said:
edo said:
Monkeylegend said:
What mpg are you getting from the 640?
I havent reset it since i bought it. When first got it I'd stick it in eco mode, but that novelty quickly become boring!

With no effort, mixed driving and "enjoying" the car, it has a 21,000 mile reading of 39.2mpg.

I checked the computer by measuring fill to fill a few times and it was pretty accurate.

I think for a relatively large GT car, over 300bhp, that's pretty bloody good.

Real word if you potter along at 65 it will do 50mpg+. Pretty amazing I think.
That is staggeringly good!
Really quite stupendously good, actually.

edo

Original Poster:

16,699 posts

266 months

Sunday 26th January 2014
quotequote all
zcacogp said:
RenesisEvo said:
edo said:
Monkeylegend said:
What mpg are you getting from the 640?
I havent reset it since i bought it. When first got it I'd stick it in eco mode, but that novelty quickly become boring!

With no effort, mixed driving and "enjoying" the car, it has a 21,000 mile reading of 39.2mpg.

I checked the computer by measuring fill to fill a few times and it was pretty accurate.

I think for a relatively large GT car, over 300bhp, that's pretty bloody good.

Real word if you potter along at 65 it will do 50mpg+. Pretty amazing I think.
That is staggeringly good!
Really quite stupendously good, actually.
Yup, it's making it's replacement a tough one!

kieranblenk

865 posts

135 months

Sunday 26th January 2014
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Not quite M6 territory, but I've noticed the prices of 7-Series are lower than I imagined, how about under £24k for a 730d with below average miles and almost a year's manufacturers warranty left? Dull, but as a quick comfy barge it doesn't seem bad!

http://www.autotrader.co.uk/classified/advert/2014...


CooperS

4,509 posts

220 months

Sunday 26th January 2014
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fatboy b said:
RevoEvo7 said:
fatboy b said:
I'm sorry, but no BMW is worth that money (£103k). They're no longer a premium brand imo.
I think you may be confusing the word premium with exclusive as BMW are and always will be a premium brand. Common and mainstream, but still premium.

This depreciation lark has been going on for years, look at the recent Merc CL. If you can afford to buy and run a new 6-Series and you do, you're not going to be fazed by depreciation.
No confusion here. It's no longer premium.
By what standards are they no longer premium? Even when jaguar were churning out utter crap in the S Type and X type they still had the XJ.

It's only now where jag have more than one model in the range which is considered up with the BMW/Audi/Merc offerings.

I don't get your annoyance with BMW?

RenesisEvo

3,617 posts

220 months

Monday 27th January 2014
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kieranblenk said:
Not quite M6 territory, but I've noticed the prices of 7-Series are lower than I imagined, how about under £24k for a 730d with below average miles and almost a year's manufacturers warranty left? Dull, but as a quick comfy barge it doesn't seem bad!

http://www.autotrader.co.uk/classified/advert/2014...
Have you seen XJ prices? Whilst not quite as impressive as the example you've shown, I am suprised how far they've falling already. The Panamera is (irritatingly) holding onto its value rather well by comparison (I admit I've not analysed the difference in showroom pricing, due to options and discounts)

E.g. http://www.pistonheads.com/classifieds/used-cars/j...

Hubris

156 posts

138 months

Monday 27th January 2014
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I don't think I've ever bought a car on the basis by what it's going be worth, when trade in time comes.

I just buy what I want and be done with it.

daemon

35,913 posts

198 months

Monday 27th January 2014
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edo said:
£30k lost in about 2 tanks of fuel!!
Depreciation = purchase price - selling price.

With up to £27K available off list price, and given its a BMW demo car, chances are theres very little "loss" involved.

After all, who pays list?

Shaoxter

4,092 posts

125 months

Monday 27th January 2014
quotequote all
kieranblenk said:
Not quite M6 territory, but I've noticed the prices of 7-Series are lower than I imagined, how about under £24k for a 730d with below average miles and almost a year's manufacturers warranty left? Dull, but as a quick comfy barge it doesn't seem bad!

http://www.autotrader.co.uk/classified/advert/2014...
7 Series, S-Classes, etc. always suffer from massive depreciation. They are bought new by execs who are chauffered around and there's not that many people who are in the market for a second hand one of them.

KFC

3,687 posts

131 months

Monday 27th January 2014
quotequote all
Hubris said:
I don't think I've ever bought a car on the basis by what it's going be worth, when trade in time comes.

I just buy what I want and be done with it.
Easy to say when you're at either extreme - you're not going to lose much money on that 306 or diesel Focus, no matter what. The value of them is going to be tied to MOT length, or how much petrol is in the tank...

Likewise at the other end it doesn't matter - multi millionaires can lose a fortune as soon as they drive off the forecourt in their brand new Ferrari FF and not give it a second thought.

For everyone else in the middle ground... being able to trade back out of a car without losing your shirt needs to play at least some part in the consideration of what you buy.