Can someone help me value my bmw? | The Back Room Archive | Back Room Forum

What is life like with your car? Let us know and win £500 in John Lewis vouchers | No thanks

Tue 23 Apr 2002 18:08

Can someone help me value my bmw? - chris

Hello,

I am considering selling my BMW 328I Sport. It is in excellent condition and has ESR, Sport pack - including 17inch alloys, bmw bodykit, 1/2 leather sport seats, 6 stack cd system, recent michelin pilot sport tyres (£190 a piece). In addition to the usual spec of these cars it has got a BMW fitted rear spoiler. It also has FBMWSH and 87k on the clock. It has 12 months MOT, tax and is due for a service in the next few hundred miles.

If someone could give me an accurate price I would be greatful - the guides vary a lot.

Reply | Report as offensive | Link

Tue 23 Apr 2002 18:15

Re: Can someone help me value my bmw? - smokie

The only accurate price is the price which someone is prepared to pay for it.

IMHO the guides provide you with a vague ball park and no more, but I have had to sell good cars (privately) way below guide prices in the past just because there was no interest. So start with an average of the guides then see how it goes...no enquiries, drop the price, if your phone doesn't stop, - tell 'em its sold and readvertise later for higher price.

Good luck

Reply | Report as offensive | Link

Tue 23 Apr 2002 18:22

Re: Can someone help me value my bmw? - chris

you see someone came along today and went away to look at others - but he asked me if i would be prepared to take £9100, i said no but i would negotiate on my price. I have my car advertised at just under £10000

Reply | Report as offensive | Link

Tue 23 Apr 2002 19:02

Re: Can someone help me value my bmw? - Bono Estente

Did you forget to put in your post the year/reg of your car?

Reply | Report as offensive | Link

Tue 23 Apr 2002 20:25

Re: how old / year-month of reg - JB

??? how old

Reply | Report as offensive | Link

Tue 23 Apr 2002 20:30

Re: how old / year-month of reg - chris

sorry yes - its a 1996 P

Reply | Report as offensive | Link

Tue 23 Apr 2002 20:41

Re: parkers, etc. web sites - JB

Have you tried Parkers.co.uk, Lovekyn.co.uk (for Glass's guide), Whatcar.com for their values? How do they compare to what you are asking for?

Reply | Report as offensive | Link

Tue 23 Apr 2002 20:44

Re: parkers, etc. web sites - chris

right, well parkers is about £9100 (PRIVATE)-£9700 (DEALER), what car is £9700 (PRIVATE) £10250(DEALER) My car is in good order throughout, due a service in 3000 miles i think - what do you guys reckon its worth - it has got more kit than most of the cars around and also has a FBMWSH instead of a FSH

Reply | Report as offensive | Link

Tue 23 Apr 2002 20:49

Ditch the kit! - ian (cape town)

Chris,
have you considered stripping a lot of the kit off, and flogging the stuff on seperately?
The prices quoted, I'm sure, will not take into account all the extras (which are a matter of personal taste IMHO).Also, if it looks like a car which has been used enthusiastically, maybe that will turn a few people off...

Reply | Report as offensive | Link

Tue 23 Apr 2002 20:57

Re: Ditch the kit! - chris

Hi,

The kit is not over the top - its actually all proper BMW stuff fitted at the factory - take a look at the car at this website:

bmw328sport.tripod.com/details.htm

It hasnt been heavily used either and does not look like a 'boy racer' machine. Its basically 1 model down from the M3 Evo - but instead of having the 3.2 engine has the more civil 2.8.

Reply | Report as offensive | Link

Tue 23 Apr 2002 21:34

Re: Ditch the kit! - Andy P

At times like this, I find Autotrader.co.uk invaluable for finding out what the current market value of a car is. A quick look through shows the following:

96, 80K, £9995
98, 80K, £11,500
96, 59K, £12,400
97, 72K, £12,500

So, based on the spec of your car, I'd say you've probably priced it about right, but I wouldn't go below much below £10K.

Andy

Reply | Report as offensive | Link

Tue 23 Apr 2002 23:14

Re: parkers, etc. web sites - Andrew T

claims to show Glass's trade-in values

Reply | Report as offensive | Link

Tue 23 Apr 2002 20:53

Re: glass's value - JB

Lovekyn site says Glass's value for 96P Sport manual at 90000miles is £8360 if car is in excellent condition.

Reply | Report as offensive | Link

Tue 23 Apr 2002 20:59

Re: glass's value - chris

yea, but thats a trade in value, im on about private sale

Reply | Report as offensive | Link

Tue 23 Apr 2002 21:06

Re: glass's value - JB

They quote £10750 as retail value. So if you get something between retail and trade-in, that would be a fair price. In the end it depends on how much demand there is for your particular car in view of colour, mileage, plus extras which may or may not be atttractive to buyers. As a previous reply said, it is worth what someone is prepared to pay and what you are prepared to accept.

Reply | Report as offensive | Link

Tue 23 Apr 2002 21:14

Re: glass's value - chris

Yea, i can certainly see what you are saying. I have had it advertised for just under £10k, had a few responses. I reckon I should lower the price slightly though perhaps...the problem is it is hard to know what it is worth and although it is only worth what someone is willing to pay i dont know what the figure should be based on! - i think i will keep it around the 9.5k mark

Reply | Report as offensive | Link

Tue 23 Apr 2002 21:34

Re: you are not LAS / Chris Watson? - JB

Your style and questions remind me of another Chris.

I hope you are not one and the same.

Reply | Report as offensive | Link

Tue 23 Apr 2002 21:41

Re: you are not LAS / Chris Watson? - Pat

JB,

I've just had the same thought - see how much will this little lot cost? thread. Plonker puller or genuine?

Pat

Reply | Report as offensive | Link

Tue 23 Apr 2002 21:42

Re: you are not LAS / Chris Watson? - Geordie Chris's cat

Well, I hope he is. I've had enough of being feral I can tell you. <@O¬

Reply | Report as offensive | Link

Tue 23 Apr 2002 21:47

Re: you are not LAS / Chris Watson? - Pat

Thought as much! End of thread presumably.

Pat

Reply | Report as offensive | Link

Tue 23 Apr 2002 23:54

Re: you are not LAS / Chris Watson? - chris

Hi,

I made that thread as well yea - thought i would keep it seperate though as could be confusing - i am considering a 528i which i have seen for sale but have to sell the 328i first. Nothing dodgy dont worry! :-D - who is chris watson by the way? i am chris hughes, only found this site from a bmw site yesterday

Reply | Report as offensive | Link

Tue 23 Apr 2002 23:57

Re: you are not LAS / Chris Watson? - ian (cape town)

chris wrote:
who is chris watson by
> the way?

Well, to put it simply, he is/was a millstone around our necks for a LONG while.
Eventually, after a humiliating session where he told one lie too many, he has disappeared into the ether, hopefully never to darken these portals again.

Reply | Report as offensive | Link

Wed 24 Apr 2002 00:06

Re: Can someone help me value my bmw? - Jud

I would'nt pay more than 5k to 6k , it's a six year old car that has a high insurance rating a is heavy on petrol , with potentially expensive repairs waiting.
To sell privately you will need some luck and a low price say 2k below a BMW dealer price.

Reply | Report as offensive | Link

Wed 24 Apr 2002 15:00

Re: Can someone help me value my bmw? - chris

dont be silly! 5-6k is well below the going rate. I have had it on autotrader for £50 under 10k and had 4 people interested in a week, i reckon it was a bit high so have reduced the price slightly. Also, according to my dealer the sport edition is the most desirable and i have been offered £8000-9000px already from other garages (lowest has been 7.5k from a volvo dealer...but i didnt like the car enough anyway).

Reply | Report as offensive | Link

Wed 24 Apr 2002 00:31

Re: Can someone help me value my bmw? - Richard Turpin

In July 01 I paid £9,500 for my 98 R 328i touring, M suspension, leather, air, BMW history, 77.000 miles. It is perfect and I love it and it's not for sale.

Reply | Report as offensive | Link

Wed 24 Apr 2002 00:34

Re: Can someone help me value my bmw? - Richard Turpin

PS. "Heavy on petrol" is not true. I drive mine fast and get 30 MPG.

Reply | Report as offensive | Link

Wed 24 Apr 2002 00:59

Re: Can someone help me value my bmw? - Jud

30 on a run yes , round town dream on, i guess 26

Reply | Report as offensive | Link

Wed 24 Apr 2002 02:08

Re: Can someone help me value my bmw? - Richard Turpin

Around town 26 is great for a 328 or any decent car. Dream come true.

Reply | Report as offensive | Link

Wed 24 Apr 2002 11:32

Re: Can someone help me value my bmw? - Phil

Yeah 26MPG round town in such a car would be impressive if you ask me. My Carlton gets low 20s around town and its only a 2.0, gets about 32mpg on a run.

Reply | Report as offensive | Link

Wed 24 Apr 2002 21:32

Re: Can someone help me value my bmw? - Andy S

Chris:

I have just stumbled across bmwshowroom.com, which appears to be run by BMW Car magazine. There are loads of cars advertised on the site and it looks to be free to post. I have no idea if anyone looks with the intention of buying, but it might be a good (free) way to reach an already interested market for your 328?

Has anyone used this site with success?

Hope this helps and good luck with the sale!

andy

Reply | Report as offensive | Link

Wed 24 Apr 2002 23:56

Re: Can someone help me value my bmw? - chris

Thanks ever so much for the help everyone. Andy i will check out the site (thanks for looking that up and taking the trouble to post it - you never know, it may net me a buyer).

I will let you all know how we get on

thanks again

Ask Honest John

Sell Your Car

Real MPG

Fuel Calculator