Why can't I sell my M6?
Why can't I sell my M6?
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Discussion

isee

Original Poster:

3,713 posts

207 months

Monday 25th October 2010
quotequote all
It was the best price for the mileage/colour combo anywhere within 100 miles of me afaik.
Had a few phonecalls (wouldn't say plenty, but enough). everyone asked a load of questions, which i enthusiastically answered and had nice chats with most of the buyers (i.e. they were not put off by me or the info i had given them)
yet not a single person went as far as the viewing!

What am I doing wrong? I have even went as far as disclose my absolute final price over the phone, and I couldn't get a similar car for the money I am sure. Been complimented on teh pictures in the ad too. so it's not the price, it's not me and it's not the ad. Just getting frustrated.

At this rate i will have it for another two month and just hand the keys back to BMW, no biggie.

KENZ

1,229 posts

217 months

Monday 25th October 2010
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To honest regarding the fuel consumption on these things. May have scared possible buyers off.

Great Pretender

26,140 posts

238 months

Monday 25th October 2010
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Are others selling or is it just your car that is sticking?

isee

Original Poster:

3,713 posts

207 months

Monday 25th October 2010
quotequote all
Great Pretender said:
Are others selling or is it just your car that is sticking?
No idea, do you suggest I call the ads on the same page as my car and ask them if it's still for sale?

isee

Original Poster:

3,713 posts

207 months

Monday 25th October 2010
quotequote all
KENZ said:
To honest regarding the fuel consumption on these things. May have scared possible buyers off.
In that case I am glad I have, as this type of driver is a dreamer.

8Tech

2,185 posts

222 months

Monday 25th October 2010
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Unfortunately, with BMW now stopping production of the V10 completely and a new 6-Series imminent with all now styling, the car may be difficult to shift. It was not overly popular here and had some serious problems and you may well be best to back it to BMW whilst you still can.

spareparts

6,796 posts

251 months

Monday 25th October 2010
quotequote all
probably safe to say if you're looking for an M6, you're quite likely to be a car nut. In which case you'll be aware of the new M6 previewed at Paris and are likely to wait. Also, heading into winter is not going to be the best time for BMW's most rapid 2wd GT coupe.

m33ufo

4,959 posts

255 months

Monday 25th October 2010
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Cars generally are proving difficult to shift at the moment and the M6 market is even more niche than the M5.

What would you replace it with?

Great Pretender

26,140 posts

238 months

Monday 25th October 2010
quotequote all
isee said:
Great Pretender said:
Are others selling or is it just your car that is sticking?
No idea, do you suggest I call the ads on the same page as my car and ask them if it's still for sale?
Or you could try monitoring the other M6 ads to see if they stick around...

Just an idea like.

Gruber

6,313 posts

238 months

Monday 25th October 2010
quotequote all
spareparts said:
In which case you'll be aware of the new M6 previewed at Paris and are likely to wait. Also, heading into winter is not going to be the best time for BMW's most rapid 2wd GT coupe.
I'm not sure I follow the first point. Isee's car (assuming I've found the right one) is a beautiful, low mileage, 4.5 yr old car for approx £26k. That's an astounding amount of car for the money. The sort of person who's in the market for one of those probably isn't going to be too distracted by the imminent launch of the new model (IMHO!).

But I think your second point, combined with widespread concerns about which way the economy will go over the next 12 months, is probably closer to the money.

And I also wonder whether purchasers would rather pay a little more for the "peace of mind" of buying from a dealer. It makes test-driving a lot easier, for a start...

Zod

35,295 posts

282 months

Monday 25th October 2010
quotequote all
spareparts said:
probably safe to say if you're looking for an M6, you're quite likely to be a car nut. In which case you'll be aware of the new M6 previewed at Paris and are likely to wait. Also, heading into winter is not going to be the best time for BMW's most rapid 2wd GT coupe.
Wait the best part of two years and pay three to four times as much? Different buyers.

spareparts

6,796 posts

251 months

Monday 25th October 2010
quotequote all
Gruber said:
spareparts said:
In which case you'll be aware of the new M6 previewed at Paris and are likely to wait. Also, heading into winter is not going to be the best time for BMW's most rapid 2wd GT coupe.
I'm not sure I follow the first point. Isee's car (assuming I've found the right one) is a beautiful, low mileage, 4.5 yr old car for approx £26k. That's an astounding amount of car for the money. The sort of person who's in the market for one of those probably isn't going to be too distracted by the imminent launch of the new model (IMHO!).

But I think your second point, combined with widespread concerns about which way the economy will go over the next 12 months, is probably closer to the money.

And I also wonder whether purchasers would rather pay a little more for the "peace of mind" of buying from a dealer. It makes test-driving a lot easier, for a start...
Zod said:
Wait the best part of two years and pay three to four times as much? Different buyers.
Hmmm. A used M6 at £25-30k or an upcoming new M6 at what, £80-100k.

Imho, anyone realistically looking at an M6, cogniscent of the running costs, could probably afford either when looking at finance options. And there is a large proportion of 80k+ cars that are financed, whereas I'd wager a larger proportion of privately bought/sold 25-30k cars are increasingly bought with cash - especially given the changes in unregulated finance agreements over the past 2 years.

But a used M6 at 30k is a terrific bargain imho... one that I would have jumped on if I didn't need the space of an M5. Imo, the V10 also works better in the M6 than the M5.

G-P

244 posts

203 months

Monday 25th October 2010
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There is only one reason a car does not sell and thats price. Needs to be cheaper.

Mermaid

21,492 posts

195 months

Monday 25th October 2010
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G-P said:
There is only one reason a car does not sell and thats price. Needs to be cheaper.
Can't argue with that. Fuel consumption/range is an issue, but to me it has always been one major issue: Bangle.

Are there are any Bangled cars that are bucking the trend for heavy depreciation?

Amazing car.

Slurms

1,254 posts

228 months

Monday 25th October 2010
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I wouldn't worry too much, an M6 is always going to take a while to sell.

Sadly it's now into the realm of people who can afford to buy the car but maybe can't afford to run it.

Assuming your price is realistic then just wait and it'll sell eventually.

Zod

35,295 posts

282 months

Monday 25th October 2010
quotequote all
spareparts said:
Zod said:
Wait the best part of two years and pay three to four times as much? Different buyers.
Hmmm. A used M6 at £25-30k or an upcoming new M6 at what, £80-100k.

Imho, anyone realistically looking at an M6, cogniscent of the running costs, could probably afford either when looking at finance options. And there is a large proportion of 80k+ cars that are financed, whereas I'd wager a larger proportion of privately bought/sold 25-30k cars are increasingly bought with cash - especially given the changes in unregulated finance agreements over the past 2 years.
almost nobody looking at an £80k car will also be looking at a £25k car.

Toilet Duck

1,365 posts

209 months

Monday 25th October 2010
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Have you got a pic of your car?

turboman786

1,131 posts

211 months

Monday 25th October 2010
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I can answer this oneI think.....

I was looking for an M5/6 about month ao and came very very close to buying a m5......however when I did the endlesspondering tha goe with this kin of car, I just couldnt justify the thirs of the 5l V10 engine....

My friend who has one, adised me to think long and hard before committing myself to one, given tht his rarely exceeds 10mpg locally, and wih 75% of my driving beng local this became quite an important consideration....

Also, felt that a loss of c£5k in my one year of ownership was really qute possble given the state of the economy

In the end, Ive bought a 2005 Porsche 997 carrera 2, which Im very pleased with

And the best thing on the 997, is that even in horrible local driving, its giving me 280 miles to a £72 tank, which is pretty close to what my BMW 730 was giving...I also feel that I will lose a lot less, and the 997 will sell far easier than the M5/6 as it has taken me ages to find this one, and most seemed to be sold very quickly indeed


So, in essence, I went for 997 mainly for monetary reasons....I reckon the 997 will save me around £5k in fuel alone in a year.....

spareparts

6,796 posts

251 months

Monday 25th October 2010
quotequote all
Zod said:
spareparts said:
Zod said:
Wait the best part of two years and pay three to four times as much? Different buyers.
Hmmm. A used M6 at £25-30k or an upcoming new M6 at what, £80-100k.

Imho, anyone realistically looking at an M6, cogniscent of the running costs, could probably afford either when looking at finance options. And there is a large proportion of 80k+ cars that are financed, whereas I'd wager a larger proportion of privately bought/sold 25-30k cars are increasingly bought with cash - especially given the changes in unregulated finance agreements over the past 2 years.
almost nobody looking at an £80k car will also be looking at a £25k car.
Wrong end of stick. Anyone looking for an M6 would look at both, especially as the new M6 is not out yet.

Edited by spareparts on Monday 25th October 20:48

robsti

12,241 posts

230 months

Monday 25th October 2010
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Is the balloon more than Westealanycar.com?