I8 values in free fall....Why?

[jamoor]

caseys said:

https://electrek.co/2018/04/02/bmw-killing-i3-i8-p...

I'm wondering if the potential of this is good or bad for residuals.

Hard to tell, could be seen as good due to it being the first "electric" sports car from BMW (look at Tesla roadsters) or it will just be outperformed by a much better product that's fully electric, it's USP that was it's electric has been lost.

[culminator]

I read a similar article a month or so back, so it's quite possibly going to happen. If it does, I would imagine i8 values will level out and even increase in the long term. It;s such a dynamic and revolutionary car and add in its rarity and usability, it'll be a sure fire classic.

[jason61c]

culminator said:

I read a similar article a month or so back, so it's quite possibly going to happen. If it does, I would imagine i8 values will level out and even increase in the long term. It;s such a dynamic and revolutionary car and add in its rarity and usability, it'll be a sure fire classic.

Good joke.

[Frimley111R]

jason61c said:

culminator said:

I read a similar article a month or so back, so it's quite possibly going to happen. If it does, I would imagine i8 values will level out and even increase in the long term. It;s such a dynamic and revolutionary car and add in its rarity and usability, it'll be a sure fire classic.

Good joke.

Its possible in the long term.

[GrahamPM]

Hopefully a classic - especially as I had an email today informing me that my new i8 Roadster has now gone into production in Leipzig!
Graham

[emicen]

That’s the earliest cars just nudging in to the high 40s (half a dozen listed at £49,995). Is this the start of the depreciation curve levelling out?

[Heres Johnny]

emicen said:

That’s the earliest cars just nudging in to the high 40s (half a dozen listed at £49,995). Is this the start of the depreciation curve levelling out?

But if a thread bump! Cheapest is now down to under 47k, but you are right, you can see plentry around 50k including a BMW listed car for 51k (the warranty must be worth a few grand of that).

http://tesla-info.com/BMW/inventory.html

I don’t they they’ll just continual to drift and eventually end up as cars where servicing, maintenance and depreciation cost around 6k a year in total like early Aston martins vantages, R8s, etc.

[Wish]

Looking for a i8 around the £60k mark. Bmw don’t seem to want to do deals on them ?
If I can’t find one soon I will loose the passion to own one and move on to something else.

Even though there is a chance to loose a chunk of money on one I still want one. I plan to keep it until mid summer and move it on. If I can find a deal on one.

[Heres Johnny]

BMW have 27 for sale at under 60k. Am I missing something or are you wanting to buy a 65k car for 60k?

[EddieSteadyGo]

Heres Johnny said:

BMW have 27 for sale at under 60k. Am I missing something or are you wanting to buy a 65k car for 60k?

[emicen]

Unless it’s a new car, BMW dealers no longer really do discounts. It’s a nationwide policy from what I can gather, you have to go after other incentives like finance rates, service packs, driving experiences etc.

[Heres Johnny]

emicen said:

Unless it’s a new car, BMW dealers no longer really do discounts. It’s a nationwide policy from what I can gather, you have to go after other incentives like finance rates, service packs, driving experiences etc.

Pretty much this, also extended warranties which is actually worthwhile on a 60k i8.

[RJG46]

[SpyderMatt]

Under £50k from an authorised BMW dealer and after 3 Porsches I'm getting tempted.
Just seems too low for such a new car - worst case can't be more than £10k max depreciation from here my man maths is telling me.
Can anyone answer the following questions plse:
- for a 2015/16 car, how much is road tax ?
- am i correct in saying that all cars have a transferable 8 year battery warranty ?
- after 8 years you're on your own, i.e. even with the "comprehensive" BMW extended warranty batteries are not covered (deemed a consummable?)

Cheers

[AW10]

Curious if anyone knows the cost of extending the warranty for a year? If you buy an AUC negotiate a second year's warranty as part of the purchase.

[SpyderMatt]

AW10 said:

Curious if anyone knows the cost of extending the warranty for a year? If you buy an AUC negotiate a second year's warranty as part of the purchase.

Its £1650 a year without breakdown 'cos I checked earlier today..but batteries are excluded hence my questions above, because imo they should be included...
As you say, from my experience with main dealers get as far as you can on price, then get the xtra warranty included, then a service chucked in, then car mats if you're feeling really lucky !

[Helicopter123]

SpyderMatt said:

Its £1650 a year without breakdown 'cos I checked earlier today..but batteries are excluded hence my questions above, because imo they should be included...
As you say, from my experience with main dealers get as far as you can on price, then get the xtra warranty included, then a service chucked in, then car mats if you're feeling really lucky !

They’ve got you over a barrel re the warranty though. No one will want to own one without it, the tech is just too new.

[MrOrange]

SpyderMatt said:

Can anyone answer the following questions plse:
- for a 2015/16 car, how much is road tax ?
- am i correct in saying that all cars have a transferable 8 year battery warranty ?
- after 8 years you're on your own, i.e. even with the "comprehensive" BMW extended warranty batteries are not covered (deemed a consummable?)

1. RFL is £zero
2. Yes. We’ll likely have to wait till 2024 before any real-world experiences comes to light.
3. Yes. Expected replacement battery cost is circa £5k. It’s a light-Hybrid so maybe less of an issue than a pure BEV.

[anonymous-user]

MrOrange said:

SpyderMatt said:

Can anyone answer the following questions plse:
- for a 2015/16 car, how much is road tax ?
- am i correct in saying that all cars have a transferable 8 year battery warranty ?
- after 8 years you're on your own, i.e. even with the "comprehensive" BMW extended warranty batteries are not covered (deemed a consummable?)

1. RFL is £zero
2. Yes. We’ll likely have to wait till 2024 before any real-world experiences comes to light.
3. Yes. Expected replacement battery cost is circa £5k. It’s a light-Hybrid so maybe less of an issue than a pure BEV.

For a £100k+ car, available for £50k, I’d say £5k for battery replacement seems pretty good value.

That’s tempting me now.

[RJG46]

garyhun said:

For a £100k+ car, available for £50k, I’d say £5k for battery replacement seems pretty good value.

The
That’s tempting me now.

Seems rather unlikely. Are there any actual factuals regarding new battery costs.