Glasses or CAP value for a 2005 X5?
Glasses or CAP value for a 2005 X5?
Author
Discussion

sumo69

Original Poster:

2,164 posts

251 months

Tuesday 3rd April 2012
quotequote all
I have a deposit on the above - an 05 4.4 V8 with 1 owner, only 24k and full BMW history which is being sold as an AUC.

I agreed a price 3 weeks ago and the car has been delayed whilst a new panoramic sunroof has been fitted (a good thing).

I was wondering whether I should be pushing for a price reduction as the car is now a month older and the road tax on it is being wasted - can anyone out there give me some guidance on a realistic figure to ask for?

Thanks

David

pattyg

1,385 posts

258 months

Tuesday 3rd April 2012
quotequote all
Non factory fit sunroof is a bit of a risk is it not. Even factory fits are problematic I believe.

sumo69

Original Poster:

2,164 posts

251 months

Tuesday 3rd April 2012
quotequote all
Its a BMW approved used car - they are replacing the panoramic sunroof before I take delivery.

Nobody in the trade able to help me with this?

David

kingmoosa

427 posts

230 months

Wednesday 4th April 2012
quotequote all
sumo69 said:
Its a BMW approved used car - they are replacing the panoramic sunroof before I take delivery.

Nobody in the trade able to help me with this?

David
I'm guessing most would think that you're on a good one getting a new roof fitted and as a deal has been agreed already you should honour it.

5678

6,146 posts

258 months

Wednesday 4th April 2012
quotequote all
kingmoosa said:
sumo69 said:
Its a BMW approved used car - they are replacing the panoramic sunroof before I take delivery.

Nobody in the trade able to help me with this?

David
I'm guessing most would think that you're on a good one getting a new roof fitted and as a deal has been agreed already you should honour it.
It wouldn't be the case if the OP was PX'ing a car in and that was 3 months later.

IMO, as the car is one they will be dying to get rid of, push for a reduction. I can't imagine they have people queuing up to buy it!

kingmoosa

427 posts

230 months

Wednesday 4th April 2012
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Ah, I see, I thought he said three weeks, not months!

E30M3SE

8,493 posts

227 months

Wednesday 4th April 2012
quotequote all
OP did say 3 weeks.

kingmoosa

427 posts

230 months

Wednesday 4th April 2012
quotequote all
Not sure why the comparison was made then. Regardless, a dealer will agree a price for your part exchange based on when it will be coming in, not move the goalposts after the fact.

I would have thought three weeks isn't too far out of the way for sorting out a new panoramic roof is it? Unless they said it was going to take a few days and now it's turned into substantially longer, you should show some goodwill!

sumo69

Original Poster:

2,164 posts

251 months

Wednesday 4th April 2012
quotequote all
Ok chaps lets put it another way - what would you pay for:

2005 4.4V8 with 1 owner, full BMW history and only 24k on the clock
Panoramoc roof (brand new)
Aluminium running boards
Comms/Nav/Bluetooth
Heated and folding mirrors
Heated seats
CD changer
Sun Protection Glass

and 2 years AUC warranty (which is superior to the normal Mondial product @ £950 per year app).

Its also had a new steering wheel and front discs/pads fitted.

It was advertised at £14995 with 1 years warranty.

David

E30M3SE

8,493 posts

227 months

Wednesday 4th April 2012
quotequote all
Sport or SE, sport or SE Excl Edition, ?

Which month of 2005 is it reg'd?

Edited by E30M3SE on Wednesday 4th April 16:54

5678

6,146 posts

258 months

Wednesday 4th April 2012
quotequote all
Sounds a nice car, but it's going to dive in value the minute you buy it. Auc and low miles will be inflating the value. At 12-13 it would be more realistic. I can't imagine they get many enquiries on an older v8 x5!

sumo69

Original Poster:

2,164 posts

251 months

Wednesday 4th April 2012
quotequote all
E30M3SE said:
Sport or SE, sport or SE Excl Edition, ?

Which month of 2005 is it reg'd?

Edited by E30M3SE on Wednesday 4th April 16:54
It's a Sport registered March 05

sumo69

Original Poster:

2,164 posts

251 months

Wednesday 4th April 2012
quotequote all
5678 said:
Sounds a nice car, but it's going to dive in value the minute you buy it. Auc and low miles will be inflating the value. At 12-13 it would be more realistic. I can't imagine they get many enquiries on an older v8 x5!
I see your point and somewhat agree but if I cost the 2 years warranty into the equation the effective price I am paying is £13.5k.

David

kentmotorcompany

2,471 posts

241 months

Wednesday 4th April 2012
quotequote all
Whatever happened to shaking hands on a deal, and then sticking to it?

sumo69

Original Poster:

2,164 posts

251 months

Wednesday 4th April 2012
quotequote all
kentmotorcompany said:
Whatever happened to shaking hands on a deal, and then sticking to it?
I only raised the issue as the car is now a month older - by your forum name I assume you are in the trade so would you pay the same for a car that's now a month older and is a fuel guzzler?

Fox-

13,577 posts

277 months

Wednesday 4th April 2012
quotequote all
sumo69 said:
and 2 years AUC warranty (which is superior to the normal Mondial product @ £950 per year app).
It's the same level of coverage actually - it's basically the Zero Excess with Emergency Service insured package.

sumo69

Original Poster:

2,164 posts

251 months

Wednesday 4th April 2012
quotequote all
Fox- said:
It's the same level of coverage actually - it's basically the Zero Excess with Emergency Service insured package.
I am told its better as there's coverage for battery, exhaust etc which I dont believe the Mondial includes.

5678

6,146 posts

258 months

Thursday 5th April 2012
quotequote all
sumo69 said:
kentmotorcompany said:
Whatever happened to shaking hands on a deal, and then sticking to it?
I only raised the issue as the car is now a month older - by your forum name I assume you are in the trade so would you pay the same for a car that's now a month older and is a fuel guzzler?
He wouldn't, but he'll never admit it to us I bet! wink

sumo69 said:
Fox- said:
It's the same level of coverage actually - it's basically the Zero Excess with Emergency Service insured package.
I am told its better as there's coverage for battery, exhaust etc which I dont believe the Mondial includes.
That's correct. Auc warranty is not the same as BMW/mondial extended warranty. I'd also see this as being included as part of the price, not something I'm paying for as the consumer.

Have you banged the details through the Vauxhall price valuation site to get an idea? 15k has to be top, top money?

sumo69

Original Poster:

2,164 posts

251 months

Thursday 5th April 2012
quotequote all
Thanks for confirming my thoughts on the warranty.

The Vauxhall tool suggests 12.25k but the condition of an AUC is higher than the assumptions stated on the valuation.

Also these cars values vary dependent on spec and mine has all the "must haves" and a couple more - its also had the required Inspection service as well as new front brake discs/pads and a brand new pano roof (which are notorious for failing).

If I add the "value" of the comms pack and the saving of not needing to pay for 2 years of Mondial warranty (circa £2k) then I am not paying too much more than I should, probably a few hundred which I am happy to for the reason that I have peace of mind that I am covered if ANYTHING goes amiss.

Having said that, I am pushing for a couple of hundred off due to the 3 week delay but will probably end up with getting a tank of fuel!

David

5678

6,146 posts

258 months

Thursday 5th April 2012
quotequote all
Sounds like it all makes sense then! Enjoy smile