[ss134]

Hi,

I am thinking of selling my E90 LCI 335i M Sport in June (when it will be 12 months old). I am considering trading in for a new E90 M3. My car is a high spec rare manual in MINT condition (only mod is M3 spoiler), it is garaged and is detailed weekly using Dodo Juice products.

The dealer i purchased the car from will obviously not give me an exact trade in figure for June but when pressed for a 'guide' figure i was shocked when he said £22000! This cars new list price with the options is £42000. Now, i havent contacted any other dealers and i am positive this figure will be much higher in June when they can properly value the car but this guy must think i am desperate or stupid because there is no way it has lost almost 50% of its value in 12 months. I own the car and will just keep it if it not worth the figure i had in mind and pocket the extra cash i was going to spend on the M3.
I have a figure in mind that i would not sell the car below, and is what i believe it is worth based on similar cars for sale in the classifieds.

What do you guys think it is worth as a trade in/private sale?

Spec: (car will have 10-11K miles on the clock by June)

6 MT
Sapphire black
Fine brushed aluminium trim
Oyster dakota leather
M-Sport package
Anthracite headlining
High gloss shadowline
18" 193 M alloys
Media Package Pro (nav, assist, online, voice, bluetooth+telematics)
Armrest front sliding
Sports seats part electric
Xenon Lights
Business Hi-fi upgrade
USB 6fl / IPOD cable
sun protection glass
M3 spoiler

Pics

[NFS]

A 58 plate car with 11k miles is currently as follows:

Part-exchange Price:
Excellent condition: £25250
Average condition: £22750
Below average condition: £20000

The offer from your dealer is low, but not offensive.

In reality, your car will have dropped in value by about 30% compared to list. So it would have a sticker price around £ 30k. Dealer will want a £4k margin in that, so a trade in of around £ 26k is on the cards.

It makes not sense to sell cars of this value after 12 months. You need to keep them at least three years to make the costs reasonable.

[ss134]

Originally Posted by NFS

A 58 plate car with 11k miles is currently as follows:

Part-exchange Price:
Excellent condition: £25250
Average condition: £22750
Below average condition: £20000

The offer from your dealer is low, but not offensive.

In reality, your car will have dropped in value by about 30% compared to list. So it would have a sticker price around £ 30k. Dealer will want a £4k margin in that, so a trade in of around £ 26k is on the cards.

It makes not sense to sell cars of this value after 12 months. You need to keep them at least three years to make the costs reasonable.

I hear what you are saying in regards to selling the car after a year but i get a large military discount on my cars which means it is much more cost effective for me. Also the figure you quoted is for a non LCI i assume (58 plate) so i would expect an LCI to be worth a bit more

[a1reader]

I think considering the spec and the condition of the car, the offer is very low. I would certainly be slightly offended with that offer. Its fair enough that first year depreciation is the most severe but 50% in one year for a car that is clearly immaculate

[ss134]

Originally Posted by a1reader

I think considering the spec and the condition of the car, the offer is very low. I would certainly be slightly offended with that offer. Its fair enough that first year depreciation is the most severe but 50% in one year for a car that is clearly immaculate

I was offended! He told me that in June the offer will probably be a lot more
and i told him that if BMWs are losing 50% in a year then he'll probably have to start looking for a new job soon!
Either way i am happy with the car but if the figures add up i will buy the M3.....if not then i will keep the car for a few years, debt free and enjoy it.

[a1reader]

The option of enjoying what is really a fantastic car whilst also being totally debt free is very appealing indeed. However, I think you will almost certainly get a lot more for the car than what your dealer is offering and based on that, the figures might work for the M3 which is even better. You only live once

[NFS]

Originally Posted by a1reader

I think considering the spec and the condition of the car, the offer is very low. I would certainly be slightly offended with that offer. Its fair enough that first year depreciation is the most severe but 50% in one year for a car that is clearly immaculate

30% in year one, but thats from list price to dealers sticker price. Trade in will be lower.

I do think ss134 will get much betters offers at the time though, it's a lovely looking car and made me seriously think about having sapphire black again this time.

[ss134]

Originally Posted by NFS

30% in year one, but thats from list price to dealers sticker price. Trade in will be lower.

I do think ss134 will get much betters offers at the time though, it's a lovely looking car and made me seriously think about having sapphire black again this time.

There is an almost identical car to mine listed at over £31000 on Pistonheads with 9K on the clock, even 3 year old cars are listed around 22K on BMWs site - the dealer i'm looking to buy the M3 from will have to cut his profit margin on my car if he wants the M3 sale.
Like i said i am not desperate to sell and will happily keep the car rather than take a huge loss.
On a separate note i almost went with LeMans on this car but old habits die hard and i got black again...all of my cars have been black, if i do end up getting a new car then i will definately try and get a different colour this time!

[greatbm]

Originally Posted by a1reader

I think considering the spec and the condition of the car, the offer is very low. I would certainly be slightly offended with that offer. Its fair enough that first year depreciation is the most severe but 50% in one year for a car that is clearly immaculate

On trade in the dealer usualy takes no account of the extra spec items, yes they are nice and the potential new customer is looking for a good spec but worth little at trade in over a bog standard car. Condition and mileage are the factors. I have been burnt this way many times in over specing a car but trade in value balances out a little by service history, condition and average mileage.

[NFS]

Originally Posted by ss134

There is an almost identical car to mine listed at over £31000 on Pistonheads with 9K on the clock

This seems to support my earlier thoughts that the sticker price for your car will be circa £30k in June 10.

£ 30,800 would be a 30% loss in value from a list price of £ 44,000

With BMW still offering discounts of 12-15% on new cars, this sort of value adjustment is inevitable.

[SiKkBaSs]

Modify the nuts off your 335i mate and spend the money saved (instead of buying an M3) on something else...

[ss134]

Originally Posted by SiKkBaSs

Modify the nuts off your 335i mate and spend the money saved (instead of buying an M3) on something else...

Don't really like too heavily modded cars but a few upgrades might be on the cards - 19s, and the BMW Power kit would be tempting... and then start saving for the next gen M3

[Hotcoupe]

Originally Posted by ss134

Don't really like too heavily modded cars but a few upgrades might be on the cards - 19s, and the BMW Power kit would be tempting... and then start saving for the next gen M3

Waste of money

Remap elsewhere is far cheaper, and you'll get a full measure and not one tenth.

[ss134]

Originally Posted by Hotcoupe

Waste of money

Remap elsewhere is far cheaper, and you'll get a full measure and not one tenth.

I am also interested in the Evolve switch - i am in Germany so the idea of being able to remap the car via the switch box is tempting but i believe they are still trying to overcome a few problems before it will become available for the N54.
My reasoning behind the Power Kit is that i look after my cars and i find it hard to believe that that these after market remaps will not damage the engine, turbos, drivetrain in the long run. Yes i know you are paying top dollar for a small gain with the PK in comparison to other tunes but you are also buying something else.....peace of mind.

[NFS]

Originally Posted by ss134

I am also interested in the Evolve switch - i am in Germany so the idea of being able to remap the car via the switch box is tempting but i believe they are still trying to overcome a few problems before it will become available for the N54.
My reasoning behind the Power Kit is that i look after my cars and i find it hard to believe that that these after market remaps will not damage the engine, turbos, drivetrain in the long run. Yes i know you are paying top dollar for a small gain with the PK in comparison to other tunes but you are also buying something else.....peace of mind.

Are there not other options in europe that allow you to remap without affecting warranty?

Hartge / Alpina?

[Hotcoupe]

Originally Posted by ss134

I am also interested in the Evolve switch - i am in Germany so the idea of being able to remap the car via the switch box is tempting but i believe they are still trying to overcome a few problems before it will become available for the N54.
My reasoning behind the Power Kit is that i look after my cars and i find it hard to believe that that these after market remaps will not damage the engine, turbos, drivetrain in the long run. Yes i know you are paying top dollar for a small gain with the PK in comparison to other tunes but you are also buying something else.....peace of mind.

I'd agree, however BMW are relying on just your thought process and charging accordingly.
An extra 21BHP is never really going to add a measurable difference is it.

Both DMS and Evolve offer a warranty of sorts, I would imagine that their maps work within 'safe' parameters or they would'nt be gambling with offering a warranty.