SKK

Paul,

Sorry to hear your experience mate. E60's and all BMW's in the UK at least tend to depreciate a heck of a lot (BMW sells like hotcakes in the UK - for example the 3 series outsells the Ford Mondeo which is just plain ridiculous given the price difference). However sounds like you got the brunt of it. Possible reasons -

1. Surprised you didnt get a discount off the ?44k list price. Now 10% is readily achievable which would have saved you ?4.4k
2. A new 3.0 diesel engine came out a few months ago and the old engine isnt as desirable anymore.
3. I heard from my dealer when ordering my car that non M Sport models are very hard to shift and tend to depreciate a bit more.
4. Sounds like you are not part exchanging but just trying to sell your car to a BMW dealer. They are never going to offer you a good price in such circumstances. Have you tried a private sale ? You could easily get ?2-3k more. Please clarify if I am wrong.
5. The first 18 months is when a car depreciates most. I bet after another year your car would still be worth at least ?20-21k in a similar sale.

If you really dont want a huge amount of depreciation on a new vehicle in the UK you need to either buy a diesel SUV or a desirable sports coupe or convertible. Sounds like you are heading in the right direction.

Regarding problems, I try not to buy a new model in its first year of production. All manufacturers use us consumers as guinea pigs and after the first year or so most problems are ironed out.

Good luck with your new disco. I have driven one and it really is a superb vehicle. Great interior as well. Holds its value well as far as I can tell as well.

BigGrey

Land Rover?

It will be worse both in terms of problems and loss of money.

I know it from experience!

If you want to have less problems, get a previous generation car.

If you don't want to loose money, buy a 1 or 2 year old car.

It's the world we live in ;-)

SKK

Land Rover?

It will be worse both in terms of problems and loss of money.

I know it from experience!

If you want to have less problems, get a previous generation car.

If you don't want to loose money, buy a 1 or 2 year old car.

It's the world we live in ;-)
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Actually no. Current generation Land Rovers tend to hold their value very well in the UK market. Much better than most BMW's including the E60.

bdav

My fathers just got the new Disco3 - we've just taken it over to Chamonix on a familly ski trip - it swallowed 5 people and a load of luggage quite nicely. That said, compared to his S reg 740i, its no where near as comfortable. Its had its fair share of problems - it was delivered with a dodgy coolant level transducer, both keys for the removable tow hitch have snapped in the lock. The warning like for the elec. e-brake has been coming on recently (he leaves it in gear anyway so not a biggie - but still could be a problem).

I dont think you'll enjoy the ride as much as the e61 - but for space, it cant be beat.

Price not out of line though - my mums trying to sell hers (not as high spec albeit), and is being offered about the same amount by BMW. Pretty disgracefull really.

colejl

Really? I know the new engine is better but surely this hasn't impacted the 'old' engine too much?

Indeed. That's what I did with my last car and gained ?1k. (?11k vs ?10k dealer offer - both parties happy! Except the dealer, but do I look bothered?)

It's the old story from the dealers... 'You've gotta have this option to protect your residuals!'. Auto and leather appear to be a must in this market. The others probably aren't worth much - the dealer will lap them up for resale though! The service deal is definitely desirable - I presume you paid ?750 like I did? (Over ?1,300 now I think!!!)

That'll be the auto box! Even still I reckon I'm averaging over 30mpg so I'm delighted!

znod

Good luck Paul. Happy roving.

Knobjockey

SKK

Thanks. We did get a discount but only ?2K. We got the 96th Touring in the UK so more fool me.
We are part ex with the dealer.
The M sport did not come out until a fair old time after ours. We had the EuroIV 218HP model with the straight exhaust but then they put the power up. But not everyone can afford the newer model so there must be a market for ours! It's a duffer's car for goodness sake aimed at 50 year old active family men according to BMW.
I'm not that bothered about the loss as its a nice car and you have to pay for that.
What ticked me off was the problems really. Drove my wife mad not been able to go out for 3 days because the cars in the garage again and they only lend us a 1or3 series which we can not get all the kids in.
The airbag was a bit bad aswell and so was the constant problems.

Problems:

Sunroof would not shut
Doors squeak
Cd player did not work
Nav crashing
Phone broke
Steering grinding
Anti trap function
Airbag fault
New manifiold
Rear suspension stopped working
door would not lock
New I/drive screen

To name a few!!!!

Still current:

Steering grinding
Nav freezing
Anti trap function

Then there was the poor crash performance... 3 stars! Then BMW do some messing for new cars only and we are stuck with the 3 star car!
I checked and the car waqs in the garage for a total of 34 days in the first 6 months of ownership.
Over 1 month in 6 is totally wrong... There can be no way that the Land Rover could be worse than that.
It's all well and good showing how the maker is doing but it's looking at all the models in their range.
The Freelander is very poor and is an old model so will drag the scores down.
Reading the forum and the problems we have all had it could not be the 5 series that is keeping the scores up.
It must be the other models and there are a fair few compared to Land Rover. The Freelander is their best selling model and is due for replacement now. It is very unreliable and is a relic of the previous owners not the current.
I'll call back in 6 months and I'll bet a months wage that it's not been off the road for 30 days.
We are due our 4th in July and can not hold out for the X5 which I would be interested in. Not an early model though!

To be continued.....

SKK

Sounds like you have had a lot to deal with. 1st year production is a big no no. Some cars are allright but most have initial problems. I bought a 3 series about 14 years ago - new model - the 4th car my dealer had sold - complete nightmare !!!

Having said that, I once bought a Mercedes C Class in its second/third year of prodcution. Worst car I ever owned. Compared to it, your problems sound like a stroll on the beach !!!

colejl

I think so. Not sure by how much but I would expect some impact. Say if you saw two cars - both August 05 registered with the same spec but one with the older engine. The new engine has 20-25hp more (not sure of the true difference - does anyone know?), more torque and is smoother. Would you be willing to pay say ?1k to ?1.5k more for the newer engined version ? I probably would.
[/quote]
Of course if you're close to the cut-over date then there might be an impact if you're a savvy buyer... But I don't think early examples (i.e. mine) would be impacted drastically by this latest revision?

Engine went from 218PS to 231PS (+13PS) - same peak torque (500Nm) but definitely quieter.

SKK

Of course if you're close to the cut-over date then there might be an impact if you're a savvy buyer... But I don't think early examples (i.e. mine) would be impacted drastically by this latest revision?

Engine went from 218PS to 231PS (+13PS) - same peak torque (500Nm) but definitely quieter.
[/quote]


Definate impact if close to cross over. Its down to savvy stealers - they will simply give you less. However agreed that impact would be much lower as time goes by.

Just to give you an idea how dealers operate mine reckons he will pay ?500 less for a Oct 05 registered car without the Start Stop button than one with it. Probably just bullshit to keep me sweet...