Motorplan Worth?

[Speedy]

As the title states, what is motorplan worth to you? and how much less would you pay for a car without one.

Example,
Car A, 2009 135/335/330D (example). Has an Active Motorplan with 1 year left, mileage 80,000km selling for R200K
Car B, Exact same spec as car B (mileage color etc) however does not have an active motorplan. what would you pay?

 

[BadBoy1]

I personally will not want to buy a newer model BMW without motoplan for many reasons example Maintenance , Resale Value

 

[Gunner-Win]

As the title states, what is motorplan worth to you? and how much less would you pay for a car without one.

Example,
Car A. Has an Active Motorplan, selling for R200K
Car B, Exact same spec as car B (mileage color etc) however does not have an active motorplan. what would you pay?

Your question is similar to the famous saying of "how long is a piece of string?". There are still other variables to consider, which effect the answer you are looking for.

For instance. Car A with the active motorplan, could have a motorplan for 100km/1 month before it elapses, or it could have a motorplan for 2 years/50,000km before it elapses. The difference in value there would be massive. You see where I'm going with this?

Unfortunately you will need to be a little more specific if you want a specific answer.

Alternatively, you can take the motorplan info from car A and phone a few places and get quotes for that same amount of motorplan. You can then deduct a similar amount to that from car B for a rough idea.

 

[Badboy4life]

I would definitely pay more knowing that you have peace of mind in case something fcuks up.

what year model are these cars??

---

As the title states, what is motorplan worth to you? and how much less would you pay for a car without one.

Example,
Car A. Has an Active Motorplan, selling for R200K
Car B, Exact same spec as car B (mileage color etc) however does not have an active motorplan. what would you pay?

Your question is similar to the famous saying of "how long is a piece of string?". There are still other variables to consider, which effect the answer you are looking for.

For instance. Car A with the active motorplan, could have a motorplan for 100km/1 month before it elapses, or it could have a motorplan for 2 years/50,000km before it elapses. The difference in value there would be massive. You see where I'm going with this?

Unfortunately you will need to be a little more specific if you want a specific answer.

Alternatively, you can take the motorplan info from car A and phone a few places and get quotes for that same amount of motorplan. You can then deduct a similar amount to that from car B for a rough idea.

+1

 

[Speedy]

Absolutely theoretical and there are no actual vehicles to apply this too.
Its an ongoing discussion I have with a friend.

Lets think of the car with motor plan having 1 year left and 20 000km.

Maybe a 2009 1 or 3 series x35i? or 330D (edited the first post)

 

[Ratslaaf]

When I got my 320d, I specifically looked for a car that just came out of plan. I can fix them, so I felt I had room to negotiate a better deal as there was no MP on it. And it helps as I wanted to Mod the car as it is a toy.

When it's your only car, then it's a different conversation entirely.

 

[HOONIGAN]

Motorplan is usually 30% of current value

 

[Speedy]

For interest sake, I asked 16 people, friends and colleges who are all interested in cars.

using the hypothetical car as an example above the feedback is as follows:
- 5 people wouldn't buy an out of plan car.
The rest would all pay between 15-20% less for a car without motorplan.

scientific well no, but interesting regardless

 

[Magneto]

For interest sake, I asked 16 people, friends and colleges who are all interested in cars.

using the hypothetical car as an example above the feedback is as follows:
- 5 people wouldn't buy an out of plan car.
The rest would all pay between 15-20% less for a car without motorplan.

scientific well no, but interesting regardless

Some of your friends have never owned a high performance BMW have they?

 

[Speedy]

For interest sake, I asked 16 people, friends and colleges who are all interested in cars.

using the hypothetical car as an example above the feedback is as follows:
- 5 people wouldn't buy an out of plan car.
The rest would all pay between 15-20% less for a car without motorplan.

scientific well no, but interesting regardless

Some of your friends have never owned a high performance BMW have they?

do you?

 

[Magneto]

For interest sake, I asked 16 people, friends and colleges who are all interested in cars.

using the hypothetical car as an example above the feedback is as follows:
- 5 people wouldn't buy an out of plan car.
The rest would all pay between 15-20% less for a car without motorplan.

scientific well no, but interesting regardless

Some of your friends have never owned a high performance BMW have they?

do you?

Sorry I realise that may have come across as antagonistic. All I was trying to say is these cars cost a lot to maintain, and if you have owned one you know that you don't buy one out of Motorplan. If one can afford it, go ahead, but if you looking at saving money a bit of money by excluding MP then I am assuming, maybe incorrectly so, that one cannot afford to maintain it.

Edit: Forgot to answer your question. Yes 2x x35i (Sold one and ended up buying another)

 

[Speedy]

For interest sake, I asked 16 people, friends and colleges who are all interested in cars.

using the hypothetical car as an example above the feedback is as follows:
- 5 people wouldn't buy an out of plan car.
The rest would all pay between 15-20% less for a car without motorplan.

scientific well no, but interesting regardless

Some of your friends have never owned a high performance BMW have they?

do you?

Sorry I realise that may have come across as antagonistic. All I was trying to say is these cars cost a lot to maintain, and if you have owned one you know that you don't buy one out of Motorplan. If one can afford it, go ahead, but if you looking at saving money a bit of money by excluding MP then I am assuming, maybe incorrectly so, that one cannot afford to maintain it.

Edit: Forgot to answer your question. Yes 2x x35i (Sold one and ended up buying another)

No problem at all, and I absolutely agree with you, a x35 can cost a fortune to maintain, which is why I always look to purchase in plan, however my friend disagrees, he aims for out of plan and looks to scoop something for a reduced price.

This question doesn't apply to a new car with 5 years remaining on plan but rather something with a year remaining and +- 20,000km.