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Urgent Advice Needed - Am I About to do the Right Thing!
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12-16-2010, 07:32 AM | #1 |
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Urgent Advice Needed - Am I About to do the Right Thing!
OK, the feet are beginning to ‘itch’ 6 months into basically happy ownership of our 320i Edition SE Touring. I like the car, but am a little disappointed with the power levels. It has leather and a few other ‘essentials’ so not a bad spec. Sep 2008 pre-LCI on 14K miles.
I am on the verge of committing another £10.5 K to get a fully loaded (and I mean FULLY – Professional Media Pack = Sat Nav and Bluetooth, Visibility Pack = Xenons, full beam assist and Corner assist, Leather Part Electric Sports Seats with lumbar support, Business Sound, USB, Panoramic Sun Roof etc) 330d SE Auto Touring. All adds up to just shy of £42K on the configurator. Asking price just shy of £26K. Jun 2009 on 14K miles so Post-LCI. This car will be from a BMW Dealer so AUC. Am I about to do the right thing! Help – it’s the most I will ever have spent on a car in my life! Last edited by Falmouthboy; 12-16-2010 at 07:38 AM.. |
12-16-2010, 07:45 AM | #2 |
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Well if a big diesel touring is what you want fair enough, but I don't think £26 is a real bargin.
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12-16-2010, 07:54 AM | #3 |
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Really? Seemed a good price for the spec when compared with what else is out there on the BMW web site, but if the concensus is that it is over priced I may think again. I think I have pushed them as far as they will go, but a deposit over the phone and a deal before 1 Jan as a final 'shot' in the exchange may knock off another £500.
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12-16-2010, 07:58 AM | #5 | |
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12-16-2010, 08:00 AM | #6 |
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Seems like a lot of money only six months after buying your previous car. It all depends on how long you plan to keep your car.
Perhaps another way of thinking about it is to look at what you think the car will be worth in (say) 2-3 years time - hence your real cost. My gut feeling is that the 330 will be c£10k trade value and the 320 c£7k. That's an awfull lot of depreciation if you are on a "budget." If you aren't, it doesn't matter. |
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12-16-2010, 08:02 AM | #7 | |
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12-16-2010, 08:09 AM | #8 |
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Is it from Ocean?
I think it's £2kish overpriced but a very nice sounding car. It will be MUCH quicker than the 320i. Bought two AUC cars "blind" (one 335d from Sytner Leicester, one LR Defender from Harwoods, Croydon) in just over a year - both over £21k, both delivered to our door, both took our old cars away in p/x, both beltingly good vehicles in brilliant condition. I think paying cash helps get extras. Both probably had £1k of goodies thrown in (including delivery costs) It's a risk but the AUC warranty is pretty watertight. |
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12-16-2010, 08:18 AM | #9 |
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I'd never do a deposit over the phone. There is always another car if you lose this one and it seriously reduces your negotiating position if you turn up and things are not as you were as you thought.
As for if it is a good purchase decision - I've got a 330d and I've had a 320d as a loaner; I posted at the time that if my budget was limited to a 4-cylinder BMW, then I'd buy a Honda Civic instead as it would give me more satisfaction. The sunroof makes a big difference to a car. The extra power makes driving effortless. The business stereo upgrade is a lot better if you have the standard audio in your car. Is it the colour you want? Is the interior the colour you like? Is the trim what you like? A 330d is a great car - if it is worth the extra £10k only 6-months into ownership of your current car, that's up to you. |
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12-16-2010, 08:30 AM | #10 | |
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Colour wise it's good (Space Grey), current car is Sparkling Graphite so very similar and a colour I would consider from new (although le Mans Blue would be first choice) Interior is black leather as the current car. 1st choice for reasons of practicality rather than looks. My wife has the Business sound system in her 130i - I agree a huge advantage over the standard. I guess one way to look at it is 'is a fully loaded Post LCI 330d worth £7.5K more (allowing for the actual retail value of my 320i) than an 'average' loaded pre LCI 320i. |
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12-16-2010, 02:46 PM | #11 | |
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By placing a deposit on a car over the phone you are in effect agreeing to buy 'sight unseen' and subject to satisfactory test drive and viewing. You are therefore protected by Distance Selling Rules - especially if you change your mind. If you pay the deposit on your credit card, then you are doubly protected because the C/C become jointly and severally liable as the potential purchase is above £100. I have followed this procedure on many occasions with many different Main Dealers. On the odd occasion if I have not been satisfied with the car, have walked away and asked for my 1000% deposit back. thats the whole point of Consumer Legislation and Protection - use them and exercise them to the fullest. |
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12-16-2010, 02:47 PM | #12 |
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As for price, put it into webuyanycar.com and see what they are willing to offer. That should give you a good idea of how much markup the Dealer is putting on the car. Remember their price is likely to be the lowest cash price - so do adjust accordingly. Dealers usually have around £3k - £5k markup on AUCs.
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12-16-2010, 03:32 PM | #13 | |
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12-16-2010, 03:38 PM | #14 |
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I got 26k (Dec 09 16k miles) for a totally loaded 330d msport touring Sapce grey. L7, service pack, towbar ext storage all packs and what the one ur looking at has
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12-16-2010, 04:11 PM | #15 |
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If you can afford it buy it.
You've already compromised once buying a 320i and lived to regret it. I know how it feels. I did exactly the same. |
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12-16-2010, 04:30 PM | #16 | |
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They're shite.
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12-16-2010, 04:38 PM | #17 | |
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But at the end of the day, you have to be prepared to walk away - and must do so if you don't get your target price. |
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12-17-2010, 04:05 AM | #18 |
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Thanks for all the advice.
It has helped me to get my thoughts and direction of travel here. So: Consensus appears that it is a 'fair' price, although there is still a little room to negotiate. It is a GOOD car in terms of spec and a great option engine wise. I need to satisfy myself that it hasn't had a significant accident damage repair. I have decided not to pay a deposit over the phone on the basis that I want to be able to negotiate a bit more off if I can. Although I know I could have done this over the phone, I would rather do it in the context of seeing the car and pointing out things like tyre tread depth etc. We are going up to see the car tomorrow (weather permitting) and will only buy if 100% ‘sold’ on it. As others have said – we have taken a ‘hit’ with the compromise on the 320i – there should be no compromise here! Wish me luck! |
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12-17-2010, 04:40 AM | #19 | |
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you, just because they have your money. Best of luck and don't forget to still have fun, after all buying an new car should be. PS. Don't know why my reply looks so disjointed |
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12-17-2010, 04:46 AM | #20 | |
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Anyhow. If your not doing big miles do you need a diesel, and the extra cost of fuel?
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12-17-2010, 05:03 AM | #21 |
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Defo go for the sixer, all the proper engined BMW's drive and feel like completely different cars to the 4 pots.
When I've had 4 pot loaners its like, jeez do BMW really make cars this poor? You won't regret it. |
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12-17-2010, 05:29 AM | #22 | |
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I agree with you regarding getting your money back. Regarding the price you have to look at the full deal. I got a 335i that listed at £44k it was 6 months old with 3300 miles. It was up for £35k and I got nothing knocked off except the 5 years free servicing pack. However, they gave me an excellent part ex on my old car that they hadn't even seen. |
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