Residuals on M Sport diesel BMW
Residuals on M Sport diesel BMW
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Hangus

Original Poster:

1,281 posts

242 months

Tuesday 6th March 2012
quotequote all
I'm considering a 335D M sport saloon with the later spec efficient D engine. Just wonderring how the residuals might go over the next 12-24 months? WIth the new model being released will prices plummet? I'm suspecting and hoping not!!

I'm also considering the 530D M with slightly more miles for similar money. Don't expect prices to drop that sharply on these particular models. Would I be right?

Fox-

13,521 posts

269 months

Tuesday 6th March 2012
quotequote all
I cannot imagine prices are going anywhere but through the floor.

Hangus

Original Poster:

1,281 posts

242 months

Tuesday 6th March 2012
quotequote all
What do you base that synopsis on?

Fox-

13,521 posts

269 months

Tuesday 6th March 2012
quotequote all
The fact that we are just seeing a new model 3 Series establishing itself meaning that in 2 years time the E90 will be firmly the 'old shape' 3 Series. It's not exactly going to hold its value as a result. The E90 in design terms is now over 7 years old, it just isn't going to continue to hold on to big money prices especially as the F30's become more and more common.

Hangus

Original Poster:

1,281 posts

242 months

Tuesday 6th March 2012
quotequote all
But when do they release the new 335D? Is it out already, usually the top spec follows sometime after the initial release?

The 5 series has been out over a year now and the prices are still strong for the E60!

1981linley

937 posts

170 months

Tuesday 6th March 2012
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Also think basic economics....supply and demand. Massive supply as of ex company cars hitting market at a time when no one is buying, so no demand = price drop. Only a matter of time before BMW loses it's last shred of desirability I reckon...every other car on the road is one...I predict they will be like Ford and Vauxhall saloons soon..worth about 3 grand at 4 year old! Maybe not, but the depreciation on them is pretty largesse, with some £30k new 5 series at £10k once 3-4 years old in the car supermarkets. People think they hold their value because used ones are double of the equivalent Ford or Vauxhall, but they cost double in the first place. Depreciation will steady off though and you'll only lose single digit thousands on it instead of double digit. Buy something more unique.

Hangus

Original Poster:

1,281 posts

242 months

Tuesday 6th March 2012
quotequote all
More unique like what? A lexus, uninspiring! or Mercedes? Expensive to service and not as good to drive! It's an every day car and no-one out there can match BMWs engines for performance that I can think of. Check out the stats.
And yes they do depreciate horrendously in the first couple of years, but I am talking sub £20K.
I can never see a BMW or Audi for example being 3 or 4 grand after 2 years or whatever, unless they completely change their business strategy and copy Vauxhall!

ETA, I am open minded but, it has to tick may boxes, and the reason BMWs and Audis are so popular is because they are so much better than the rest in most departments IMO.

66comanche

2,369 posts

182 months

Tuesday 6th March 2012
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De nile isn't just a river in Africa. It will depreciate horribly - having just had a car which did so at £300/month, never again.

Hangus

Original Poster:

1,281 posts

242 months

Wednesday 7th March 2012
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Very good! Be interested to know what car you had!

Monty Python

4,813 posts

220 months

Wednesday 7th March 2012
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Fox- said:
I cannot imagine prices are going anywhere but through the floor.
Given the way fuel prices are going, even large diesels are going to suffer, so I don't expect the 335d to be any better than the rest. If you want to buy one based on residuals, then get a 320d, as these are by far the most popular model.

Panda76

2,583 posts

173 months

Wednesday 7th March 2012
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Other posters are correct,now that the new model is out the E9X is old hat and expect prices to drop.They already have to be fair.I reckon I've lost somewhere in the region of 2.5k in just over 2 years on an late 2006 E91 and expect that to continue downwards.

I don't care mind,I've never made any money or sold for a profit any car I have owned.I prefer to not look at the depreciation until trade in time,I just don't want to know.Ignorance is bliss lol.
As long as I can walk away from this car in maybe 18-24 months time with at least 2.5-3k on a trade in I'll be happy.

bigricho

167 posts

176 months

Wednesday 7th March 2012
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On a 2007 E92 330i, I bought for 16.5k, I eventually got 10k for. Taking it from 46000 to 63000 miles, losing 6.5k in 14 months of ownership. Take from that what you will as to the depreciation of these type of cars.

Matt UK

18,080 posts

223 months

Wednesday 7th March 2012
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OP, sounds like you have convinced yourself that you know what you want - so jump right in.

You are looking to buy a decent car and if you are buying for the longer term, it could work out well as you'll no doubt be able to negotiate a whopping discount on an out-going model and you are buying at the end of the development cycle so little niggles should have been ironed out.

However, if you are looking to run and then chop in a couple of years, I fear your thread about how the p/x value you were offered was so low you were left standing in the dealership with an O-shaped mouth and your pants round your ankles.

Go in with your eyes open is my advice.

SSBB

698 posts

179 months

Wednesday 7th March 2012
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Matt UK said:
OP, sounds like you have convinced yourself that you know what you want - so jump right in.

You are looking to buy a decent car and if you are buying for the longer term, it could work out well as you'll no doubt be able to negotiate a whopping discount on an out-going model and you are buying at the end of the development cycle so little niggles should have been ironed out.

However, if you are looking to run and then chop in a couple of years, I fear your thread about how the p/x value you were offered was so low you were left standing in the dealership with an O-shaped mouth and your pants round your ankles.

Go in with your eyes open is my advice.
+1

All new cars depreciate. 'Old shape' models especially so. As long as you are buying what you want, and are prepared for it, then go for it.

Matt UK

18,080 posts

223 months

Wednesday 7th March 2012
quotequote all
Panda76 said:
I reckon I've lost somewhere in the region of 2.5k in just over 2 years on an late 2006 E91
You reckon? £100/month depreciation on an e91? I'd be surprised if it wasn't more than double that.

My reckoning is that reality has yet to bite.

clonmult

10,529 posts

232 months

Wednesday 7th March 2012
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bigricho said:
On a 2007 E92 330i, I bought for 16.5k, I eventually got 10k for. Taking it from 46000 to 63000 miles, losing 6.5k in 14 months of ownership. Take from that what you will as to the depreciation of these type of cars.
Sounds about right.

Mate has got a new company car (320d Coupe), so his old car - 335d M Sport Coupe is going up on the market, the price drop has definitely scared him.

Vladimir

6,917 posts

181 months

Wednesday 7th March 2012
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Mine is a 56 plate Touring with 40k miles. Its probably worth about a tenner now. But its so damn useful, I can't see us selling it for ages.

Buy for yourself, not the next owner.


kambites

70,712 posts

244 months

Wednesday 7th March 2012
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Vladimir said:
Buy for yourself, not the next owner.
If more people did this, I think there would be a lot more interesting cars on the market (both new and used).

Chrisw666

22,655 posts

222 months

Wednesday 7th March 2012
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You're right OP the 335d M sport will never depreciate because it is awesome, just look at the evidence.

http://www.bmw.co.uk/bmwuk/bmwauc/details/0,,1156_...

http://www.bmw.co.uk/bmwuk/bmwauc/details/0,,1156_...

http://www.bmw.co.uk/bmwuk/bmwauc/details/0,,1156_...

http://www.bmw.co.uk/bmwuk/bmwauc/details/0,,1156_...

http://www.bmw.co.uk/bmwuk/bmwauc/details/0,,1156_...

http://www.bmw.co.uk/bmwuk/bmwauc/details/0,,1156_...

Not a penny difference between those saloon and coupé models. I'd imagine once the new model hits the streets and people get all misty eyed about how great the E90 was that £17k one will look a bargain as the prices rebound to £30k.

R12HCO

826 posts

182 months

Wednesday 7th March 2012
quotequote all
bigricho said:
On a 2007 E92 330i, I bought for 16.5k, I eventually got 10k for. Taking it from 46000 to 63000 miles, losing 6.5k in 14 months of ownership. Take from that what you will as to the depreciation of these type of cars.
That is least desirable model though (for the vast majority of the public - not the pistonhead population). I would expect the diesel to depreciate at a rate of 50% less, if not more.