aybeesea

What Car estimates 80p per mile for running costs (presumably making certain baseline assumptions).

ABC

dlevi67

Hello Ebbers,

MPG: your mileage may vary. I have found that the 535d consumption is appalling from cold, much worse even than city stop-start. On a 6 mile trip, I can't get more than 30, no matter how careful I am. On a 50 mile trip, mostly motorway/dual carriageway and not going over 90, I can get ~40. Mid 30s on a 25 mile trip on uncongested roads sounds reasonable.

Warranty: no matter what you have, it will have marginal value if it is still in force for a decent period when you resell. Having had a warranty or not won't matter a jot compared to regular maintenance records.

Residuals: whatever % are quoted, they generally are quoted as % of the original (full list) price of the car, so by buying used the % of what you retain will go up significantly. However, I reckon you are in for more than ?10,000 depreciation over three years.

Personal view on the LCI is that it will only make a difference for owners of 07 registration cars who sell in '08 and '09 - though they should have got a good discount when buying. The others will not be competing against 57 plate cars.

aybeesea

Strange. I thought this "size" of car generally had a higher rate of depreciation (in percentage terms) than classes below it ("smaller" cars).

And when you go even "bigger", say 7 series size, the rate of depreciation is higher still.

ABC

dlevi67

Sense 2a vs. sense 11... (thanks to MerriamWebster.com)

Main Entry: great
Function: adjective
Etymology: Middle English grete, from Old English grEat; akin to Old High German grOz large
1 a : notably large in size : HUGE b : of a kind characterized by relative largeness -- used in plant and animal names c : ELABORATE, AMPLE <great detail>
2 a : large in number or measure : NUMEROUS <great multitudes> b : PREDOMINANT <the great majority>
3 : remarkable in magnitude, degree, or effectiveness <great bloodshed>
4 : full of emotion <great with anger>
5 a : EMINENT, DISTINGUISHED <a great poet> b : chief or preeminent over others -- often used in titles <Lord Great Chamberlain> c : ARISTOCRATIC, GRAND <great ladies>
6 : long continued <a great while>
7 : PRINCIPAL, MAIN <a reception in the great hall>
8 : more remote in a family relationship by a single generation than a specified relative <great-grandfather>
9 : markedly superior in character or quality; especially : NOBLE <great of soul>
10 a : remarkably skilled <great at tennis> b : marked by enthusiasm : KEEN <great on science fiction>
11 -- used as a generalized term of approval <had a great time> <it was just great>

ebbers

Thanks for the replies, that's something to think about!

The only reason I mentioned warranties was because when I come to sell the car if it still had outstanding warranty I'd have a better chance of shifting it than one from a 3rd party. Plus if you opt out of the BMW warranty then you can't buy back into it later can you?

I'd probably be buying private and selling private rather than going through dealers who will try to fleece me for that bit more.

TBH a loss of more than ?10, 000 over 3 years is probably too much for me as much as I like the car
?15, 000 over 5 years would be better but then I'd be hoping to get ?15, 000 for a 2000 model equivalent with 90, 000 miles on it which isn't likely.

Something to mull over I think.
I might wait another year or so and let it drop some more. Knowing my luck it'll probably hold it's value though

pedrollo

It is great when your car doesn't depreciate much, and it isn't great when it does.

You really must be at a loose end today.

aybeesea

I don't think that I don't appreciate the explanation!

ABC