2008 320i Auto - @#$% CAR!!

[BMW M]

I will not buy a new car straight of the floor for the simple reason of loosing money the moment it passes through the showroom doors.... :nono: The newest will be a demo which is at least 3 months old from first registration and more that 1000km, then it is concidered 'used' by the banks and the dealers cant chrage you for all srts of 'extras'. Thats how I got almost R70k of the Dynamics list price. :thumbsup:

 

[Sabretooth tiger]

Dont excpect much, the new 3 is coming out next year, the facelifted models decreased the pre-facelift's value, and if you out or close to out of motorplan the value nose dives.

How much do you reckon ? R140000 ? I've seen ads on Gumtree for as much as R160000+ and my millage is better than most. It's in excellent condition, under motor plan until May 2012 or 100k with all the extras in white.

Well I sold with 2 000km to go out of motorplan, trade value was R143k, best offer I got as trade-in in Pretoria/Centurion was R120k, even at BMW. Eventually sold it for R156k, with 3 days of mororplan to go. Car was then sold off at R174k. I tried selling on gumtree, had it there for 2 months and did not get it sold, and my car was mint. Was told once out of motorplan I was looking at trading for R105k

 

[Olorin]

So basically you're saying that I were to sell I definitely would need to sell within motor plan ? Had no idea the value dropped like a rock out of motor plan. I suspected a drop, but not THAT much. How did you go about selling the car for R154k ? FYI, I bought my 2005 model for R165000 with 78k millage.

The way I'm thinking is keeping the car until I've got around 90-95k on the clock then selling and perhaps getting a 320d, 2006 model without needing to really pay that much more.

Sorry for veering off-topic guys.

 

[JustNN]

Selling before end of motorplan is definitely the way to go

 

[Sabretooth tiger]

So basically you're saying that I were to sell I definitely would need to sell within motor plan ? Had no idea the value dropped like a rock out of motor plan. I suspected a drop, but not THAT much. How did you go about selling the car for R154k ? FYI, I bought my 2005 model for R165000 with 78k millage.

The way I'm thinking is keeping the car until I've got around 90-95k on the clock then selling and perhaps getting a 320d, 2006 model without needing to really pay that much more.

Sorry for veering off-topic guys.

I was shocked when the salesman at LeoHase told me my value will drop that much out of motorplan. Remember if someone else bought the car it was going to cost more to maintain it as there is no more motor plan, and extending it when nearly out of motorplan is going to be much more expensive. I am not mechanically inclined and know the price of parts, so it made more sense for me to sell.

I bought the car for R198k with 70 000km. I had a couple of chancers show up when the car was on sale on gumtree, but as it go with chancers they dont realy have money to buy your car and is trying to get away with a steal of a price. Eventually sold it to a 2nd hand dealership in Vereeniging, whom gave me R156. I probably would not have worried to sell the car had I not had such badluck with the runflats, having to chuck away 2 new tires after I spend R10k realy suck big time. Hopefully BMW Germany wil realise we dont have such good roads here and change to normal tires.

 

[moranor@axis]

to quote ricky:

but my question is... would it not be cheaper to maintain your car than buy another one? if you look at how much you lose when trading in and also look at how much the new car is going to cost you?
i have not looked into this because i bought my car for very different reasons, but i got my car way cheaper than the equivalent new model and have not spent much on fixing it ive spent maybe 10k at most fixing things that really need to be done (most has been used for modifying it) :dunno:

 

[Olorin]

I don't know, to be honest. If I stick with my car then it's mine, but it's still a 320i. The thing is, if I'm going to maximize my return then perhaps I should consider getting the diesel model. If I get R120-130k out of it then I spend R25-40k and get a 2006-2007 320d, hopefully one with relatively low millage. It will also be a lot faster and a lot more economical.

I don't want to find that I'm out of motor plan on my 320i and then I can't sell it. The cheapest solution would be to leave my car as is, pay it off and then maintain it, which I could do, but then I'm stuck.

 

[moranor@axis]

but what about an e46? they still quite new but are way cheaper then the e90 and in some respects also better than the e90 :mmm:

 

[AshG108]

guys guys guys, i think the main thing we should all see here is that we all ahve different needs and wants and obviously opinions. for the speed freaks, go buy the 335i if you want power, and if you want jsut luxury, get the 320i if you dont worry about power.

in all honesty, i think alot of people exaggerated in this thread, i have no issues with over-taking etc, BMW M's denfense, i dont blame him being too spoilt with the Diesel performance, i also dont blame Fordkoppie, an M5 power is more than enough to overtake a train but like the guys have said, different strokes for different folks but honestly, this thread is now going around in circles.

BTW Olorin is now the 320i Cheerleader, since he is going PK the next oke who talk bad of the 320i :hammerhead: he he he

with all that said, no dis-respect and big up to Foprdkoppie for apologising, RESPECT guy!

 

[Olorin]

Am I 320i cheerleader ? I suppose I do understand where all the guys are coming from and I have even started a few 320i performance threads as well. Certainly, all the E46 320i owners have a right to be a little pissed off with the performance.

BTW, an E46 is a good suggestion, but I'm looking for something more recent. The last thing I need is an even older car out of motor plan. 320d would at least give me security while giving me excellent economy. That's my way of thinking...plus 340 nm of torque.

 

[moranor@axis]

personally i think now is the perfect time to buy an e46 its cheap, not too old and enough people have broken them for us to know where its weak points are... the only e90 i think is worth getting is the the 335i... but then again id probably get the 135i because its closer to the e46 if only there was an e46 335i :drool:

 

[Olorin]

I'd bet an E90 320d would give your 323i fits.

 

[Sankekur]

Personally I prefer to buy an older car as you can get top spec top of the range car for way less that a new or newer model. Buy a car when it is not longer under motorpan then you won't lose as much when it come time to buy another car.

 

[Olorin]

Buy a car when it is not longer under motorpan then you won't lose as much when it come time to buy another car.

Yes but some people prefer buying cars still under motor plan. What if something goes wrong in the E46 ? It's expensive to fix. Also if you buy an E46 now you will get next to nothing for it in a year or two since it's already old (if we're talking 2002-2004).

 

[netercol]

Yes but some people prefer buying cars still under motor plan. What if something goes wrong in the E46 ? It's expensive to fix. Also if you buy an E46 now you will get next to nothing for it in a year or two since it's already old (if we're talking 2002-2004).

yeah i dont get this.. so you will rather pay 320k for a car under motorplan, than buy a clean e46 for 100k and maybe spend 50k on it during the next 3-4 years? you do realize that buying a new car you have already payed the dealer for everything thats going to break..?

 

[Sankekur]

Yes but some people prefer buying cars still under motor plan. What if something goes wrong in the E46 ? It's expensive to fix. Also if you buy an E46 now you will get next to nothing for it in a year or two since it's already old (if we're talking 2002-2004).

yeah i dont get this.. so you will rather pay 320k for a car under motorplan, than buy a clean e46 for 100k and maybe spend 50k on it during the next 3-4 years? you do realize that buying a new car you have already payed the dealer for everything thats going to break..?

Exactly my point, motorplan is included in the cost that you pay so nothing is replaced free, you have just already paid for it. That is why the drop in value of a car that goes out of motor plan is so substantial since you have to pay for stuff that hasn't gone wrong yet and for stuff on other people's cars that have or haven't gone wrong (motorplan is also in part the cause of expensive part as it also covers the motorplan shortfall). Also the drop in value of a car that is no longer under motorplan is far more gradual, also less stuff can go wrong since stuff that will go wrong have gone wrong under motorplan and where fixed. The whole motorplan thing is just a big hoax.

Edit: In my opinion they should do away with the whole motorplan thing and replace it with a warranty (as you get with most things you buy) this will allow you to remove the extra 30-40% off the price of a new(er) car and also reduce the price of parts since everybody is paying for there stuff. For a car that would normally cost R400k you would only be paying say R280k now it doesn't looks so bad to repair stuff since you have a lot of cash left over or you are paying much less a month.

 

[Olorin]

Dude, what are you talking about ? All I was saying was that it's better (in my mind) to buy a car still under motor plan with relatively low millage. I've got a 2005 model. Going for a 2003 model but a higher spec with MUCH higher millage would seem silly. The car may be much faster but it's also much older, much more wear and tear. Also more potential issues. Some here might think a motor plan is a 'hoax', whatever that means, but others consider it to be essential in their purchasing decision.

 

[Sankekur]

Dude, what are you talking about ? All I was saying was that it's better (in my mind) to buy a car still under motor plan with relatively low millage. I've got a 2005 model. Going for a 2003 model but a higher spec with MUCH higher millage would seem silly. The car may be much faster but it's also much older, much more wear and tear. Also more potential issues. Some here might think a motor plan is a 'hoax', whatever that means, but others consider it to be essential in their purchasing decision.

I am not talking about the issue of a faster car I am talking about getting better value for your money, if you are buying a car not under motorplan you are just paying for the car, the bit that you can see there standing in your drive, but when you are buying a car under motorplan you are also paying for about 30 -40% of a car that you can't see and might only need in extreme case, and if you don't need it or need all of it you will have wasted your money. Next time you replace something under motorplan, look at the amount you spent on the car initially, the stuff you replaced was paid then, and the case of a monthly payment, then you have already paid in part will pay more for some time to come, and that is the hoax, you ain't getting nothing free.

 

[moranor@axis]

i dont think anyone who does not know how much parts really cost will understand... if you buy parts from bmw you are being ripped off if you believe the bmw prices then MP makes sense... but it is possible to get a wheel nut for less than 10k, no you dont have to buy the wheel with it and yes it is exactly the same spec as your original because it comes from the people who actually make the part for bmw...

 

[killua]

...For a car that would normally cost R400k you would only be paying say R280k now it doesn't looks so bad to repair stuff ...

You do realise that a brand new polo 1.4i is almost R200k, and it has no service or maintenance plan? As far as I see, maintenance plans are about R15k per year, which amounts to R75k for 5 years. That means that a R400k car would be R325k without any plan.

My previous car I bought with 2 years remaining in motorplan. In that time they have done repairs that totalled almost R50k. It all evens out. The motorplan is pretty much useless for the first 3 years, things tend to break near the 100kkm mark. The other issue is cashflow. Motorplan is almost like insurance. If you have 50grand lying around somewhere then its fine not to have motorplan, but not alot of people do, and it is better to pay for all repairs as HP and not have to worry about R20k bills one month.

Some people will never use up the money they spent on the motorplan, and some will. It evens out in the long run. Like I have said, I have never been in the losing side of a motorplan.

And I do recall that one of our members that bought a 7-series has done a total of R80k of repairs in 2 years, which he payed for himself. Wouldn't motorplan actually have been cool in that case?