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Old 11-27-2008, 11:50 AM
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I hope you UK guys don't need to sell your cars urgently. I sold my 535d M to my trader friend for ?23,200 5 months ago. He now has it up for sale at ?20,995 no takers! The UK car market is sh*te. I saw a 535d Sport in Autotrader with virtually every option and low mileage for 16k. OMG
Old 11-27-2008, 11:56 AM
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Some don't have the money (anymore) but some still do.

After some time buying will be good...
Old 11-27-2008, 01:07 PM
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Market for both new and used cars in the UK is dead.

Honda are shutting down production for 4 weeks at christmas instead of 2 and a further 2 months shutdown in March/April.

Local Honda dealer has already gone bust, GM will bite the dust soon.
Old 11-27-2008, 01:13 PM
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Same in the Netherlands. Was chatting to my dealer and they are sitting on a sea of new and used 5ers. They are promising delivery of new cars within 3 weeks of ordering max and he told me that many dealers are beginning to refuse to take in used 5ers as p/x - they just can't move em. They had just taken in a 2006 525d High Exec at a p/x value of EUR 27k ... this for a car that was sold new at EUR 65k just under 3 years ago
Old 11-27-2008, 03:04 PM
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I just bought my late 2005 530d M-Sport for 14k fully loaded with loads of options and 1 owner from new..........I had options of a 535d with similar age and options for ?1629, was only the insurance and fuel costs which scared me off and made me take the more sensible 530

I feel for you guys who bought these cars from new, they are now affordable for people like me who cant afford 30k depreciation in 3 years !!
Old 11-27-2008, 03:11 PM
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1 year 525dA (lci), 8000km - 60% off Listprice
Old 11-27-2008, 04:32 PM
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yikesss!
Old 11-28-2008, 03:46 AM
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Originally Posted by Merv the Derv' post='732965' date='Nov 27 2008, 08:50 PM
I hope you UK guys don't need to sell your cars urgently. I sold my 535d M to my trader friend for ?23,200 5 months ago. He now has it up for sale at ?20,995 no takers! The UK car market is sh*te. I saw a 535d Sport in Autotrader with virtually every option and low mileage for 16k. OMG

ITS DISGUSTING, BUT SOMETHING THAT WILL HAVE YOUR MIND IN A BOGGLE:

M5 SMG OCT 2006
19,700 MILES
USUAL EXTRAS

ON SALE AT IMPERIALS FOR ?25,995.00 (Now ondering what the dealer paid the owner) the owner is my bro in laws younger brother!

NEW IS ?63,850.00

cars like mine are now in the 12-16k bracket

UK New and used prices are appauling, truly disgusting, on top of a really bad economy like no other nations!
Old 11-28-2008, 03:50 AM
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This thread has got me worried, I am currently looking to puchase a 535d LCI saloon (march 07) with 30,000 on the clock, Media Pack, Visibility Pack, 19" wheels alloys, heated seats hi-fi stereo.

Got the dealer down to ?28,000 methinks that maybe on the touch expensive side.

What do you guys think?

Cheers

Steve
Old 11-28-2008, 06:15 AM
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What I still don't understand is why many dealers are keeping BMW prices artificially higher in the Northeast. A few of my friends have walked away from dealers who wouldn't budge, and only over one or two K's. I was reading somewhere that BMW is actually increasing prices on their CPO's and will do away with their December specials. That's a real smart move considering the state of the economy. Maybe the're trying to find ways to lose money so they, too, can be bailed out by their country?


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