Bavarian-Board.co.uk - BMW Owners Discussion Forum Homepage
Forum Home Forum Home > Regional & Specific Forums > Irish Forum
  New Posts New Posts RSS Feed - Name That Price!
  FAQ FAQ  Forum Search   Register Register  Login Login

Forum LockedName That Price!
 Post Reply Post Reply
Author
Message
  Topic Search Topic Search  Topic Options Topic Options
ivanovoitch View Drop Down
Really Senior Member II
Really Senior Member II
Avatar
Where did all the white water come from?

Joined: 18-January-2006
Location: dublin
Status: Offline
Points: 559 		Post Options Post Options   Thanks (0) Thanks(0)   Quote ivanovoitch Quote  Post ReplyReply Direct Link To This Post Topic: Name That Price!
    Posted: 04-October-2006 at 22:01
A lot of us are finding that we didn't or wont get near as much as we thought we'd get for our used metal.

Conversly, as we will all go on to buy again (mostly secondhand I assume) what percentage less should we expect to pay?

For example...I've been watching this E220 for a bit. It's on carzone about eight weeks. Advertised at €4995.00. Was thinking of offering €3000 and going to €3500 after a bit of haggling. (It's sold now)

http://www.carzone.ie/usedcars/index.cfm?fuseaction=car& carID=497654

Do those that have recently sold think they would have accepted a 25% drop in the asking price?
Back to Top
Sponsored Links


Back to Top
ballina123 View Drop Down
Senior Member I
Senior Member I
Avatar

Joined: 23-March-2004
Location: Ireland
Status: Offline
Points: 112 		Post Options Post Options   Thanks (0) Thanks(0)   Quote ballina123 Quote  Post ReplyReply Direct Link To This Post Posted: 05-October-2006 at 00:16

Its a difficult one, 25% is a large drop to accept, €500 off a €2000 car doesn't seem bad but €5000 off a €20000 is a lot. In reality people do end up dropping their price this much though.

Take my Z3 I originally asked €25995 after seeing dealer cars at €29995 I ended up selling for 22k. But I reduced the price myself and got near the asking. If someone had offered 22k when I still had it up for 26k I probably wouldn't have taken it, but I revised my expectations as time passed.

If you're after a bargain you need to keep an eye on how long a car has been for sale and if its been dropping in price. Either that or go in with a cheeky offer, be prepared for a refusal but leave your number and tell them the offer is open for a few weeks.

 
Back to Top
flyingalexf68 View Drop Down
Really Senior Member II
Really Senior Member II
Avatar

Joined: 01-April-2006
Location: 53°19’59,6°14’56
Status: Offline
Points: 2581 		Post Options Post Options   Thanks (0) Thanks(0)   Quote flyingalexf68 Quote  Post ReplyReply Direct Link To This Post Posted: 05-October-2006 at 01:19
@ B123. Did you buy an Elise?
1995 e36 3.0 M3 Coupe, Daytona Violet, AP Racing BBK, CCFL Angel Eyes, M3 Spoiler, M-Tec 3 Steering Wheel.   
2000 530d Steptronic, Poverty Spec, 18" Alloys.
Back to Top
ballina123 View Drop Down
Senior Member I
Senior Member I
Avatar

Joined: 23-March-2004
Location: Ireland
Status: Offline
Points: 112 		Post Options Post Options   Thanks (0) Thanks(0)   Quote ballina123 Quote  Post ReplyReply Direct Link To This Post Posted: 05-October-2006 at 10:03

Originally posted by flyingalexf68 flyingalexf68 wrote:

@ B123. Did you buy an Elise?

Yes

Back to Top
Dergside View Drop Down
Really Senior Member II
Really Senior Member II


Joined: 16-May-2004
Location: Mid West, Ireland
Status: Offline
Points: 4000 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Dergside Quote  Post ReplyReply Direct Link To This Post Posted: 05-October-2006 at 10:44

What tends to happen is that sellers watch what prices others are asking and pitch their car price based on that.  As time passes and the phone doesn't ring they adjust their price downwards a step at a time until they start to get a response.  Unless someone has left their car at the original (over)price for months and never reduced it, I'd say that an offer of anything lower than €500 off the asking price would be politely declined.

Usually buyers have a price point they will pay and will wait until a car approaches that point before they make an enquiry.

As regards the Mercedes, the fact that the mileage is less than starship level, the spec is good, low no. of owners and that it has a full MBSH (obviously subject to confirmation) would have it stand out from the rest of the cars available and therefore warrant a higher price than usual for such a car and probably would mean that the seller would stick closer to their asking price.



Edited by Dergside
Now: BMW 523i SE '00, 318i SE - e91 '07, 325i Coupe '93.

Prev:
e46 328i SE Touring, 330Ci, 318Ci.
e39 523i SE.
e36 325i Coupe *2, 323i SE, 316iSE.
e30 325iSE 2dr, 320i Conv, 320i 2dr, 316i.
Back to Top
Jack735 View Drop Down
Bavarian-Board Contributor
Bavarian-Board Contributor
Avatar

Joined: 14-September-2005
Location: Edinburgh
Status: Offline
Points: 1055 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Jack735 Quote  Post ReplyReply Direct Link To This Post Posted: 05-October-2006 at 13:04

There's a castle east of Edinburgh went on sale earlier this year at £15,000,000.  The price dropped at the start of the summer to £10,000,000 and it now sits at 'just' £5,000,000.

Some people are more realistic than others when it comes to putting a price on something that’s not new.  Others will set a low price to get rid or get a quick sale.

I think the bottom line is take each case individually, and on its own merits, and see how it compares with similar items.
Oooh, The machine of a dream, such a clean machine With the pistons a pumpin', and the alloys all gleam, When I'm holding your wheel, All I hear is your gear, With my hand on your grease gun, Mmm it's like a disease son, I'm in love with my car, gotta feel for my automobile, Get a grip on my .......
Back to Top
ivanovoitch View Drop Down
Really Senior Member II
Really Senior Member II
Avatar
Where did all the white water come from?

Joined: 18-January-2006
Location: dublin
Status: Offline
Points: 559 		Post Options Post Options   Thanks (0) Thanks(0)   Quote ivanovoitch Quote  Post ReplyReply Direct Link To This Post Posted: 05-October-2006 at 19:11
So what would the thoughts on this E320 be? On carzone 12 weeks. Price has remained static. No tax. Part Service History. Thirsty.

I'd want it for €2250.00
E320
Back to Top
BM Fan View Drop Down
Bavarian-Board Contributor
Bavarian-Board Contributor
Avatar

Joined: 19-January-2004
Location: Ireland
Status: Offline
Points: 1054 		Post Options Post Options   Thanks (0) Thanks(0)   Quote BM Fan Quote  Post ReplyReply Direct Link To This Post Posted: 05-October-2006 at 19:25
I am not sure but if you look at dealer, particularly if they are large they must be registered for VAT. The actual dealer net price would be then less the 21%. 

Private sellers have no VAT liability.  I think you'll find that the trade in value reflects the VAT cost to Dealers and private sellers will generally end up moving the car somewhere above the pre VAT price / trade in price.

My 2c anyway - BTW, I still haven't managed to make my mind up about  changing the 520 and have lost heart at this stage looking and dreaming.....
Martin
In BMW exile at the moment (Shame on me for lurking!!!)
Previous Models
2001 E39 520i Auto
1996 E36 M3 Evo Individual
1996 E36 328i Coupe
1997 E36 318i Conv
1992 E36 316i Sln

Back to Top
flyingalexf68 View Drop Down
Really Senior Member II
Really Senior Member II
Avatar

Joined: 01-April-2006
Location: 53°19’59,6°14’56
Status: Offline
Points: 2581 		Post Options Post Options   Thanks (0) Thanks(0)   Quote flyingalexf68 Quote  Post ReplyReply Direct Link To This Post Posted: 05-October-2006 at 19:28
Well at €3500 its slightly cheaper than this convertible E320. I know these were good cars but bloody hell thats way too much for a '93.

Edited by flyingalexf68
1995 e36 3.0 M3 Coupe, Daytona Violet, AP Racing BBK, CCFL Angel Eyes, M3 Spoiler, M-Tec 3 Steering Wheel.   
2000 530d Steptronic, Poverty Spec, 18" Alloys.
Back to Top
ivanovoitch View Drop Down
Really Senior Member II
Really Senior Member II
Avatar
Where did all the white water come from?

Joined: 18-January-2006
Location: dublin
Status: Offline
Points: 559 		Post Options Post Options   Thanks (0) Thanks(0)   Quote ivanovoitch Quote  Post ReplyReply Direct Link To This Post Posted: 05-October-2006 at 20:37
Originally posted by flyingalexf68 flyingalexf68 wrote:

bloody hell thats way too much for a '93.


Bout eight grand tops!
Back to Top
nn_dd View Drop Down
Really Senior Member II
Really Senior Member II
Avatar

Joined: 07-October-2004
Location: Co Clare
Status: Offline
Points: 602 		Post Options Post Options   Thanks (0) Thanks(0)   Quote nn_dd Quote  Post ReplyReply Direct Link To This Post Posted: 10-October-2006 at 17:50

With only 96K on it, I'd make sure that instrument cluster hasn't been replaced at some stage. Heard somewhere they were prone to going bust, just like on the '94 on C class models. - Was about to buy a nice one recently when I noticed a crack around one of the screws on the cluster.

Otherwise lovely car !
E39 530d Touring


Back to Top
 Post Reply Post Reply
  Share Topic   

Forum Jump Forum Permissions View Drop Down



This page was generated in 0.172 seconds.