[Pandarakus]

Hey guys,

Newbie here.. Long story short, I bought base f30 on november 2012 for a total about 40k including tax.
I am thinking of upgrading it to f10 5 series and planning to sell my f30. How much will the bmw dealer buy back?
Maybe any of you guys might have experience on buying and selling cars.

Thank you

Btw the car has about 3300 miles on it now

[justinnum1]

how many miles? they probably offer you 30-32k

[nsquared]

30k seems reasonable.

[Pandarakus]

Originally Posted by justinnum1

how many miles? they probably offer you 30-32k

I got 3300 miles on it now

[Who?]

been there, couldnt justify it the price difference.

may i ask why you want the 5-er?

[buildbright]

Originally Posted by newbmwuser

been there, couldnt justify it the price difference.

may i ask why you want the 5-er?

Sounds like he needs a comfort car not a sports car happens all the time.

[pkimM3r]

Originally Posted by buildbright

Sounds like he needs a comfort car not a sports car happens all the time.

And thats why i want to get rid of my f30 for an e46 m3 but not worth it yet. Cant wait for this lease to end. Too quick to jump on my decision! Lesson learned.

[Who?]

Just for reference, I bought my car for 57k, within 3 weeks, I regretted my decision and decided I wanted to sell (and buy a higher spec). Dealer offered 45k.

[shabadoo25]

Use swapalease.com to bail out of it and then start fresh.

[The X Men]

Expect to lose close to $10K.

[SamS]

Originally Posted by Pandarakus

Hey guys,

Newbie here.. Long story short, I bought base f30 on november 2012 for a total about 40k including tax.
I am thinking of upgrading it to f10 5 series and planning to sell my f30. How much will the bmw dealer buy back?
Maybe any of you guys might have experience on buying and selling cars.

Thank you

Btw the car has about 3300 miles on it now

Even though you'll take a beating, now will still probably be the best time. When the 2014 F30s come out, the 2013's value will drop even more. And if you're looking to move to the F10, then your dealer should be very aggressive. The F10 LCI will be out this summer, so the current versions are available at firesale prices.

Originally Posted by newbmwuser

Just for reference, I bought my car for 57k, within 3 weeks, I regretted my decision and decided I wanted to sell (and buy a higher spec). Dealer offered 45k.

How much of a higher spec car are you looking at than a $57K F30? Or you mean a different model all together?

[metrickid]

Originally Posted by SamS

How much of a higher spec car are you looking at than a $57K F30? Or you mean a different model all together?

Guessing the prices are higher in Australia.
My F30 (335) cost $100k so if differs a lot as we all know.

[SamS]

Originally Posted by Rossifumi

Guessing the prices are higher in Australia.
My F30 (335) cost $100k so if differs a lot as we all know.

Good point. I saw his location as Gold Coast, which I know is typically Australia, but these days people use sorts of location designations which may or may not be related to their actual location

[shivaswrath]

Originally Posted by SamS

When the 2014 F30s come out, the 2013's value will drop even more.

why?

[SamS]

Originally Posted by shivaswrath

why?

Because book value and auction prices follow model year as a basis.

When shiny new 2014's are on the dealer showrooms, a 2013 doesn't look as appealing. And the price will reflect.

[1.fresh.f30.335]

The long story short is if you trade a car in within 3 years of purchasing it, you take a significant loss. If the car is truly that unsatisfactory I would work on getting your dealer to cut you a great deal on the new car and either consignment your car for you or give you the high range for the trade in on the car.

May I ask what it is you really dislike about the 3 that makes the 5 seem so much better? I mean I feel like this car is as big as a 5, hah. I'm just curious because I've had mine since last spring ('12 335i) and I absolutely love the car. I was however coming from an all Audi past so maybe I'm just in the honeymoon stage with it.

[Who?]

Originally Posted by SamS

How much of a higher spec car are you looking at than a $57K F30? Or you mean a different model all together?

$57k gets you a base model with the poverty pack, with a few 'must-have' options (think leather, nav etc) in Australia.

[rconti]

I'm guessing OP wants/needs more space for kids or clients or something. The F10 is an older design so it's not like he just wants some new hotness or something. And yeah, you're gonna take a financial hit.

[PK2348]

I used to have e60, 528, loved that car. Few days ago went for a drive in my friends brand new 535xi with M sport package. Felt like a limo. Heavy car, numb steering, eventhough its hydrolic. Almost felt a bit underpowered !!!.
I was very surprised. Got back into my base 328 f30, which i am not exactly crazy about, but it felt so much better to drive.

[Alpine F31]

Originally Posted by pkim1079

And thats why i want to get rid of my f30 for an e46 m3 but not worth it yet. Cant wait for this lease to end. Too quick to jump on my decision! Lesson learned.

E46 M3? I thought you were going to get an M2 when it comes out?

[Pandarakus]

Originally Posted by 1.fresh.f30.335

The long story short is if you trade a car in within 3 years of purchasing it, you take a significant loss. If the car is truly that unsatisfactory I would work on getting your dealer to cut you a great deal on the new car and either consignment your car for you or give you the high range for the trade in on the car.

May I ask what it is you really dislike about the 3 that makes the 5 seem so much better? I mean I feel like this car is as big as a 5, hah. I'm just curious because I've had mine since last spring ('12 335i) and I absolutely love the car. I was however coming from an all Audi past so maybe I'm just in the honeymoon stage with it.

Thanks for your time to reply.. Honestly the 4 series makes the f30 looks outdated and I regret buying the f30 although it's a pretty decent car. Yes it is big, but not as nice as 5 series in my opinion. Do you have any approximation of how much will it depreciate after 3 years?

[tdizzle]

Originally Posted by Pandarakus

Thanks for your time to reply.. Honestly the 4 series makes the f30 looks outdated and I regret buying the f30 although it's a pretty decent car. Yes it is big, but not as nice as 5 series in my opinion. Do you have any approximation of how much will it depreciate after 3 years?

Hard to say, since alot of factors come into play (mileage, cosmetic issues, etc). My guess would be approximately 50%.

After 3-4 years, the car stops depreciating as fast, which makes it a better financial decision to lease if you want a new car in 3 years or less and to buy if you plan on keeping it more than 4 years.

Just looking at my truck I traded in that's what I saw. At 2 years, a dealer offered me $18k for it, and when I traded it at 7 years I got $12k for it. The 2 year offer was way low and I walked but you get the general idea.