645 prices: particularly savage recent drop?

[Schermerhorn]

Just wait till Christmas. We're going to see a glut of amazing machinery at unbelieavable prices.

[Roger645]

Schermerhorn said:

Just wait till Christmas. We're going to see a glut of amazing machinery at unbelieavable prices.

Hope so, That's when mine is due up. I was in BM the other day and the sales guy said they sold a 06 730d on a 24 month lease, because BM are still quoting ok residuals on it, it worked out at 250 a month.

[carlovers]

just as an aside, a poster complaining of 16 miles around town,i have a 177bhp EFF DYN 120d.auto. Granted on long runs the mpg is more than good.However the other day i did 9 miles around the outer london postcodes ie w4 nw10 starting on reset the OBC showed 21mpg So i guess if you do a lot of urban stuff theres not a lot of difference between diesel and the wonderful experience of driving a v8

Edited by carlovers on Monday 15th September 22:34

[David911RSR]

[quote=Andrew D]I think four-figure 6's is a little optimistic (unless it takes five years to reach the horizon). I'm sure you'll be able to dig up a monster-miler at the auctions sub-£10k in a couple of years, but in terms of the Main Stealer prices it's a long way from £23k to £10k for a car that started at £55k.

If the stealers are retailing these cars at 23k, they would have paid approx 15K at best. Given most metal of this nature is depreciating by 1-2K per month, the trade price of this car will be 10K in 5 months! It's not just the high end motors that are subject to depreciatation of this magnitude. An 07/57 Gold GT TDi 170 with 11,000 miles trades at 11 - 12K!

[Deutscher]

David911RSR said:

If the stealers are retailing these cars at 23k, they would have paid approx 15K at best. Given most metal of this nature is depreciating by 1-2K per month, the trade price of this car will be 10K in 5 months! It's not just the high end motors that are subject to depreciatation of this magnitude. An 07/57 Gold GT TDi 170 with 11,000 miles trades at 11 - 12K!

No. If they are retailing at £23k, they would have paid £18k or so.

And you have to look at depreciation as a percentage, not a flat sum, otherwise they would be paying you to take the car away!

[David911RSR]

Deutscher said:

David911RSR said:

If the stealers are retailing these cars at 23k, they would have paid approx 15K at best. Given most metal of this nature is depreciating by 1-2K per month, the trade price of this car will be 10K in 5 months! It's not just the high end motors that are subject to depreciatation of this magnitude. An 07/57 Gold GT TDi 170 with 11,000 miles trades at 11 - 12K!

No. If they are retailing at £23k, they would have paid £18k or so.

And you have to look at depreciation as a percentage, not a flat sum, otherwise they would be paying you to take the car away!

Try getting a bid on one and see how near to 18k you get.

Point being, that it's not just the highend products that are suffering in this way.

[tigerkoi]

I think that it's flat out everything out there that can be bargained for right now......
example: OPC. A 996 Carrera 4. Nice car. I go for a test drive. I know the price beforehand. I mention that there's no satnav, etc - PCM whatchamacallit - and not only does he say that he'll have the correct module retrofitted, that he'll also knock down the price. There wasn't even a chance to haggle.

[Deutscher]

Half a dozen of good spec 645 examples I had my eye on have now disappeared off the AUC site. I guess £22k must be the 'sweet spot' for a 2004 car.

[smeg8]

I have been looking for a 645 Cab for the last few months and I too have seen prices falling everywhere! Even main dealers are very competetively priced and Ive never seen that before. Times must be really bad at the dealers, im going to wait till Christmass Eve and then bag a bargain!

[baz1985]

End of Nov will be best I think.

[David911RSR]

[quote=Deutscher]Half a dozen of good spec 645 examples I had my eye on have now disappeared off the AUC site.


Most of them are turning up at car auctions

[Deutscher]

David911RSR said:

Deutscher said:

Half a dozen of good spec 645 examples I had my eye on have now disappeared off the AUC site.

Most of them are turning up at car auctions

I must admit I was puzzled that after hanging around they suddenly sold, but do you know this for sure?

[Vesuvius 996]

Deutscher said:

David911RSR said:

Deutscher said:

Half a dozen of good spec 645 examples I had my eye on have now disappeared off the AUC site.

Most of them are turning up at car auctions

I must admit I was puzzled that after hanging around they suddenly sold, but do you know this for sure?

Jesus. So BMW dealers are now sending 6's to auction?!

[chrisx666]

I'm picking up a 645 next week :-). Gone for a PCP with guaranteed future value. First time I have ever taken finance rather than cash but I just can't take the depreciation risk - the GFV came out at the car losing under 4k per year over the 24 months, which seemed pretty good.

[pgilc1]

chrisx666 said:

I'm picking up a 645 next week :-). Gone for a PCP with guaranteed future value. First time I have ever taken finance rather than cash but I just can't take the depreciation risk - the GFV came out at the car losing under 4k per year over the 24 months, which seemed pretty good.

Thats how BMW dealers are shifting 'heavy' metal like this theses days - on a PCP deal with a strong residual.

[pgilc1]

David911RSR said:

Deutscher said:

David911RSR said:

If the stealers are retailing these cars at 23k, they would have paid approx 15K at best. Given most metal of this nature is depreciating by 1-2K per month, the trade price of this car will be 10K in 5 months! It's not just the high end motors that are subject to depreciatation of this magnitude. An 07/57 Gold GT TDi 170 with 11,000 miles trades at 11 - 12K!

No. If they are retailing at £23k, they would have paid £18k or so.

And you have to look at depreciation as a percentage, not a flat sum, otherwise they would be paying you to take the car away!

Try getting a bid on one and see how near to 18k you get.

Point being, that it's not just the highend products that are suffering in this way.

Just because its maybe hard to get a bid doesnt mean its not what its worth. No dealer would take in a car like that to stock it unless it was as a trade in.

On a £23K car the dealer will aim for around £5K gross margin - never £8K.

[tigerkoi]

Hi, if any of you read my thread on General Gassing, then you'll know I wrote off my 6 last night.
Very very sad about it, don't think that anything can replace it right now, but safety wise, it's proved it's value 100 times over. Saved my life.

Great car.

[pgilc1]

tigerkoi said:

Hi, if any of you read my thread on General Gassing, then you'll know I wrote off my 6 last night.
Very very sad about it, don't think that anything can replace it right now, but safety wise, it's proved it's value 100 times over. Saved my life.

Great car.

Sorry to hear of your accident, good to hear you fine.

I guess if you're going to have an accident something big and german is what you want to do it in. ;-)

[tigerkoi]

Ha! Most definitely! Thanks very much.
Didn't want to hijack the thread. Just thought it a good time to mention how safe it is, and therefore adds up to what an excellent car it is - at any price. Put it this way, I want another one!!!

[bp1]

I was looking at some new cars but I'll be keeping my 645 for a few years yet. its just turned 72k miles with the only issue being a new crank case rebreather and parking sensor loom(that took the useless buggers 4 months to find).

On motorway generally 28mpg at or around 80-90 leptons.

In town, I take the old diesel merc 190

I was washing the wifes car yesterday(I still like to have sex occassionally ) so she took mine out. V8 sounded fantastic as she pulled away, just another reason for keeping it.