Keep Z4MC for another year plus or lease
Discussion
Hi All,
I am after your thoughts and advice please.
Currently I have well specced Z4MC 07 with 38K miles and have just under £20K left to pay on it. The finance will be paid off in 1year and 9months and I will owe £12,000.
I have a new job so expect to average 15,000 miles a year so will have around 65K when my term ends. Any ideas what you think it might be worth then?
Currently I pay £670 (£583 plus £87 warranty) per month.
My thoughts on options are:
1) Do I keep the car and have additional cost with things like Brakes, Clutch, service(inspection2) ect and what will it be worth?
2) Sell the car now (take the 2k hit)hopefully get £18k? for it and then lease a brand new car something like a 335d for £550 per month.
What do you think? Any ideas, alternative suggestions?
Cheers
B
I am after your thoughts and advice please.
Currently I have well specced Z4MC 07 with 38K miles and have just under £20K left to pay on it. The finance will be paid off in 1year and 9months and I will owe £12,000.
I have a new job so expect to average 15,000 miles a year so will have around 65K when my term ends. Any ideas what you think it might be worth then?
Currently I pay £670 (£583 plus £87 warranty) per month.
My thoughts on options are:
1) Do I keep the car and have additional cost with things like Brakes, Clutch, service(inspection2) ect and what will it be worth?
2) Sell the car now (take the 2k hit)hopefully get £18k? for it and then lease a brand new car something like a 335d for £550 per month.
What do you think? Any ideas, alternative suggestions?
Cheers
B
i am not sure it is as simple as this... 15k on Motorways or B-roads or driving in a big city? I love my Z4MC and indeed I did 20k miles in 18mths of ownership when I first got it, but 90% of that was in Europe and on trips to N Wales or Scotland. If I had to do it in London/SE of England, the car would have been sold in a rush...
Why don't you get an E46 M3? Endless ability, great styling, an engine to die for and practicality... Got to drive my old one (gave it to my dad) over the weekend and it was fabulous. Remember, a 335d will be just another shed in 3 yrs time, an ///M will always be an ///M provided it has been well maintained...
Why don't you get an E46 M3? Endless ability, great styling, an engine to die for and practicality... Got to drive my old one (gave it to my dad) over the weekend and it was fabulous. Remember, a 335d will be just another shed in 3 yrs time, an ///M will always be an ///M provided it has been well maintained...
BensZ4MC said:
Hi All,
I am after your thoughts and advice please.
Currently I have well specced Z4MC 07 with 38K miles and have just under £20K left to pay on it. The finance will be paid off in 1year and 9months and I will owe £12,000.
I have a new job so expect to average 15,000 miles a year so will have around 65K when my term ends. Any ideas what you think it might be worth then?
Currently I pay £670 (£583 plus £87 warranty) per month.
My thoughts on options are:
1) Do I keep the car and have additional cost with things like Brakes, Clutch, service(inspection2) ect and what will it be worth?
2) Sell the car now (take the 2k hit)hopefully get £18k? for it and then lease a brand new car something like a 335d for £550 per month.
What do you think? Any ideas, alternative suggestions?
Cheers
B
I think your probs best off keeping it another year, sod the maintenance on it and just throw it back at the finance company when the terms up, providing you are on a pcp.I am after your thoughts and advice please.
Currently I have well specced Z4MC 07 with 38K miles and have just under £20K left to pay on it. The finance will be paid off in 1year and 9months and I will owe £12,000.
I have a new job so expect to average 15,000 miles a year so will have around 65K when my term ends. Any ideas what you think it might be worth then?
Currently I pay £670 (£583 plus £87 warranty) per month.
My thoughts on options are:
1) Do I keep the car and have additional cost with things like Brakes, Clutch, service(inspection2) ect and what will it be worth?
2) Sell the car now (take the 2k hit)hopefully get £18k? for it and then lease a brand new car something like a 335d for £550 per month.
What do you think? Any ideas, alternative suggestions?
Cheers
B
Personally I think the cars worth about £16.5k now as it stands at the most in the trade so it would involve a big hit at the moment.
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