[Sgm123]

Hi all

Realise someone else has just posted this for a 335d but I am looking to sell my 340i. Have another little one due Boxing Day and an SUV seems to be calling. Could I have any thoughts on what you think my 340i may be worth spec below:

2017 model in mineral grey 26k miles
M sport plus package
Comfort pack
HUD
Adaptive suspension
Led iconic adaptive headlights
Electric memory seats
Heated seats
Heated steering wheel
19 inch 442m wheels with new PS4s tyres
Wireless charging
Pro nav
Sliding armrest
Surround view inc reversing camera
Side cameras in front bumper for pedestrians
Gtechniq Crystal serum paint work protection

May have missed a few bits was 11k of options new.

Thanks

[335dX]

What’s the reg and I’ll Cap it for you and give you the bad news.

[dizzy619]

Just spend 1 minute on WBAC get a price... Add £1500.
Good luck with the little un

[JNW1]

Given the spec I'd have thought a main dealer would be wanting £23-£24k so on a private sale I'd say around £20k or perhaps a touch more. However, our friend with access to CAP may be along shortly to tell me I'm talking rubbish!

[Sgm123]

Wbac says just under 20k bmw offered me 21k 3 months ago maybe worth just px if I can get close to 21k then was hoping around 23k. Oh well nature of the beast. Thanks chaps

[335dX]

Originally Posted by Stu101

Wbac says just under 20k bmw offered me 21k 3 months ago maybe worth just px if I can get close to 21k then was hoping around 23k. Oh well nature of the beast. Thanks chaps

WBAC is not a good way of valuing your car. Sure they use the same ‘book’ as the trade but they tend to shoot a little lower then CAP below or average. Their business model dictates that they make money by sending cars to auction ergo less than trade so that when it sells into CAP average or clean they make their money ...

And you still want £21K after 3 months of DPR?

[Sgm123]

Well they started at 21k and I pushed for 23k and said if I was willing to do the deal on the car they would try and hit that number so gotta be worth a try with them.

On autotrader they all seems to be well above the 21k based on the spec I have

[335dX]

Originally Posted by Stu101

Well they started at 21k and I pushed for 23k and said if I was willing to do the deal on the car they would try and hit that number so gotta be worth a try with them.

On autotrader they all seems to be well above the 21k based on the spec I have

Ahhh ok are you referring to a part exchange price I take it at £23K?

[Sgm123]

Yeah px on an x5

[335dX]

Originally Posted by Stu101

Yeah px on an x5

Then they may be able to give you some over allowance and get to the figure you want...Good luck.

[Goneinsixtyseconds]

Originally Posted by Stu101

Well they started at 21k and I pushed for 23k and said if I was willing to do the deal on the car they would try and hit that number so gotta be worth a try with them.

On autotrader they all seems to be well above the 21k based on the spec I have

I always keep the conversations separate. If they can offer you £2k more than it's really worth to them, then there was at least another £2k of discount you could have got.

A dealer shuffling numbers from one place to another isn't really you getting more for your car.

[335dX]

Originally Posted by Goneinsixtyseconds

I always keep the conversations separate. If they can offer you £2k more than it's really worth to them, then there was at least another £2k of discount you could have got.

A dealer shuffling numbers from one place to another isn't really you getting more for your car.

The car you part exchange or sell is only worth what it’s worth. Let’s call it £20k, it’s intrinsic value. If you came to me ‘separately’ And you weren’t looking to buy a car I’d only ever give you £20K.

If you then came to me and said I wanna buy that X5 over there, I might give you £21K depending on the margin I have in the X5.

I wouldn’t give you £21K without you buying another car so your plan doesn’t work, or does it?

You mention discount - you can’t have it both ways. You either get £1K over allowance or £1K ‘discount,’ not both. If you do, whoever your dealing with is just pissing about with figures. The BTC is identical.

[JNW1]

Originally Posted by Stu101

Well they started at 21k and I pushed for 23k and said if I was willing to do the deal on the car they would try and hit that number so gotta be worth a try with them.

On autotrader they all seems to be well above the 21k based on the spec I have

The waters are always a bit muddied when you part-ex to a dealer though; they can quote all sorts of attractive numbers for your car but IMO it's the cost to change that matters in that scenario. However, if you're confident you've negotiated them down to a competitive cash price on the X5 and they've said they'll go to £23k for yours as well that sounds a good deal to me!

In terms of what's on Autotrader, I'm not seeing many 2017 340i saloons listed; a couple of 17 plates at low £20k's, one 67 plate at £25k and another 67 plate at joke money (£28.5k!). However, these are all advertised prices in dealers and even if the cars are sold for that money to be realistic a private sale will more than likely be at least a couple of thousand pounds less....

[ukbeemerboy]

Numbers are numbers. The only number or rather value you need, is the cost to change. What makes up that number doesn’t really matter as long as it’s as small as it can be!

[Sunnyb11]

I’ll take this for 21

[Sasquartch]

The problem with selling private is that for cars 10k+ many people either need finance and / or are looking for the protection of buying from a dealer. The number of people who would pay cash are a small proportion. In fact many private buyers are traders buying stock.

I'm sort of looking for a late F10 520d and there are only a handful of private sellers on Autotrader and to be honest I'd rather pay a little more to get the protection and facilities only a dealer can offer. I dont think I'm much different from the average buyer.

Good luck with the sale though whatever you end up doing

[Goneinsixtyseconds]

Originally Posted by 335dX

The car you part exchange or sell is only worth what it’s worth. Let’s call it £20k, it’s intrinsic value. If you came to me ‘separately’ And you weren’t looking to buy a car I’d only ever give you £20K.

If you then came to me and said I wanna buy that X5 over there, I might give you £21K depending on the margin I have in the X5.

I wouldn’t give you £21K without you buying another car so your plan doesn’t work, or does it?

You mention discount - you can’t have it both ways. You either get £1K over allowance or £1K ‘discount,’ not both. If you do, whoever your dealing with is just pissing about with figures. The BTC is identical.

Whicj is basically what I said. If you negotiate correctly in your purchase, there's no wriggle room left for them to artificially increase the amount they give you for the trade in. It's worth what it's worth. If they increase it, it's because they've still got some margin to play with.

[Ronstein]

As previously said, cheapest way is to buy cash and get maximum discount and sell your car privately. Cost in the grief and risk of selling privately, and it may be worth paying a bit more for a hassle-free deal. Either way, make sure you know the trade value of your car before you go into battle so you don't get stung. WBAC is part of BCA so their business model is to get cars as cheaply as possible to sell in their own auctions. Because they're not selling on another's behalf and charging commission, they want to buy that much cheaper.!!

[Kam05]

Recently sold my 440i grancoupe for £24k. Lowest offer I had on it was £19k!

It was on a 17 plate, had 17k on clock with mppsk installed. Its now up for sale at a Leciester dealer for £27.5k.

[Londoner]

The 40i GCs seem to go for a lot more than the 340 or 440 two door. Was looking at a couple myself but opted for a 340, due to slightly more (imo) bang for my buck.

[fuzzybunny]

Originally Posted by Sasquartch

The problem with selling private is that for cars 10k+ many people either need finance and / or are looking for the protection of buying from a dealer. The number of people who would pay cash are a small proportion. In fact many private buyers are traders buying stock.

I'm sort of looking for a late F10 520d and there are only a handful of private sellers on Autotrader and to be honest I'd rather pay a little more to get the protection and facilities only a dealer can offer. I dont think I'm much different from the average buyer.

Good luck with the sale though whatever you end up doing

Good advice, private selling can be a nightmare, all sorts of nutters pop up, Just go the rounds of the dealers and the premium car sellers. Be careful of 'We buy any car' as they will try and knock you down, so stick to you guns if you can!

[Sgm123]

Thanks chaps

Just tried the CAP as suggested and that came out at trade in up to 20.5k so I will try for around that see where I get too. Got a viewing on a q7 and an x5 tomorrow so will let you know how I get on