Hey Everyone,
First post! I have an itch that a dealer is trying to help me scratch...
My mrs recently bought a demo 116i with 5000kms on it, and we really love it. I have been driving a Kia rio tech which I bought new in 2013 looking to trade it in for a second/demo 120d around the 280k price point...this is what the 116 cost us, and this price in installments is what I'd like to spend (would love to spend less if it were at all possible, but in the real world its not.!)
I have got in touch with our dealership, with criteria being a diesel (am looking for better consumption & saving on fuel bill) price point of 280k, low mileage & still within relatively low plan. I would love to tick all the boxes but in reality am aware that they will either match price but will have high mileage & be towards the later half of the plan, OR will match mileage & plan options but then will be out on price…
SO they’ve got in touch with me & have just received stock of a 2012 120d f20 (decently specced with sunroof & cruise) with 70 000km's on it, at my price point.
The question now becomes, if I purchase the vehicle I’ll blow through the Km’s on the plan within 18 months (I do about 22 000kms a year) so will be out of plan by start 2017 (and this is where the 5 year plan would actually end anyway), as soon as this happens the value of the car will take a dive preventing me from trading in after 3 years, leaving me with having to cover the costs of servicing & potentially taking a bath on it when I do eventually trade in. SO, should I spend the money on a 3 year old vehicle with 70 000kms on it, or wait until I’m in a better position to bring my price point up (thus giving me better option on vehicle potentially then get a 120d with much lower mileage & within early phase of plan, or better when I am able to then put more into monthly installments)?
Opinions appreciated
First post! I have an itch that a dealer is trying to help me scratch...
My mrs recently bought a demo 116i with 5000kms on it, and we really love it. I have been driving a Kia rio tech which I bought new in 2013 looking to trade it in for a second/demo 120d around the 280k price point...this is what the 116 cost us, and this price in installments is what I'd like to spend (would love to spend less if it were at all possible, but in the real world its not.!)
I have got in touch with our dealership, with criteria being a diesel (am looking for better consumption & saving on fuel bill) price point of 280k, low mileage & still within relatively low plan. I would love to tick all the boxes but in reality am aware that they will either match price but will have high mileage & be towards the later half of the plan, OR will match mileage & plan options but then will be out on price…
SO they’ve got in touch with me & have just received stock of a 2012 120d f20 (decently specced with sunroof & cruise) with 70 000km's on it, at my price point.
The question now becomes, if I purchase the vehicle I’ll blow through the Km’s on the plan within 18 months (I do about 22 000kms a year) so will be out of plan by start 2017 (and this is where the 5 year plan would actually end anyway), as soon as this happens the value of the car will take a dive preventing me from trading in after 3 years, leaving me with having to cover the costs of servicing & potentially taking a bath on it when I do eventually trade in. SO, should I spend the money on a 3 year old vehicle with 70 000kms on it, or wait until I’m in a better position to bring my price point up (thus giving me better option on vehicle potentially then get a 120d with much lower mileage & within early phase of plan, or better when I am able to then put more into monthly installments)?
Opinions appreciated
