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Author Topic: Anyone Interested in a New BMW Next Year?  (Read 4376 times)
jjandellis
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« on: September 01, 2008, 11:32:44 PM »

Ok, so I knwo the car will not be new next year, but...

I'm coming over to UK to pick up the new motor this week; I will be bringing it back in 12 months time. I have a guaranteed buy back price but wondered whether anyone was keeping an eye out for a nearly new BMW for next year. If so then drop me a PM with an offer (sensible!)..

OK so the details...

BMW 320D Tourer SE M Sport Edition - colour Carbon

I won't bother putting the spec down, as you can check it all out on the BMW site. The Edition bit, means that it also includes the I drive, built in sat nav and all leather (as you'd expect). The dealership price at the moment is 33k, so base any offers on that.

As I say, I have a firm deal already but would prefer to sell privately to someone from a community such as this, so that we can both be winners (rather than the dealer)
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« Reply #1 on: September 01, 2008, 11:34:45 PM »

The wants in.

But you have to let him take it on a test drive on his own first.
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« Reply #2 on: September 01, 2008, 11:43:15 PM »

The wants in.

But you have to let him take it on a test drive on his own first.


good luck with that
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« Reply #3 on: September 01, 2008, 11:45:21 PM »

Stars/FT transfer?
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« Reply #4 on: September 02, 2008, 04:22:53 AM »

[  ] I would love to own a BMW
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« Reply #5 on: September 02, 2008, 06:41:38 AM »

someone hide this thread from MPower


regards
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« Reply #6 on: September 02, 2008, 08:57:06 AM »

Can't stand cars where they design everything in and then take it all out and charge you for it......

I'll stick to my Skoda Superb thank you
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« Reply #7 on: September 02, 2008, 09:04:54 AM »

[  ] I would love to own a BMW


+1
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« Reply #8 on: September 02, 2008, 09:06:36 AM »

Also, why buy a new car if you will be getting rid of it in 12 months?

As well as the depreciation, you lose the VAT as soon as you drive it out of the showroom.  That's 17.5% down the pan immediately.

If you're only having it for a year, have you not considered leasing?
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« Reply #9 on: September 02, 2008, 10:35:50 AM »

Quote
you lose the VAT as soon as you drive it out of the showroom.  That's 17.5% down the pan immediately

never understood why people say that. If I'm first in the queue to get a UK GTR and I sell it the next day, will I lose the VAT?
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« Reply #10 on: September 02, 2008, 01:41:06 PM »

Quote
you lose the VAT as soon as you drive it out of the showroom.  That's 17.5% down the pan immediately

never understood why people say that. If I'm first in the queue to get a UK GTR and I sell it the next day, will I lose the VAT?

Buy it from Japan - it's cheaper (even with all the import costs).  Anyway, isn't the GTR an exception as demand will initially be higher than supply?  I'm sure that's not the same case with a BMW estate.

And yes, you will lose the VAT.  If you're planning on buying a car to be selling it in a year you don't just need to look at the cost of purchase do you?  You need to look at the depreciation so that when you sell it in 12 months time and want to buy something else, you work out the effective cost at that time.

Actually, with Lee VAT might not come into it.  Do soldiers get an exemption?
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AndrewT
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« Reply #11 on: September 02, 2008, 02:17:14 PM »

Actually, with Lee VAT might not come into it.  Do soldiers get an exemption?

Depends if they bring their gun along to the showroom.
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« Reply #12 on: September 02, 2008, 02:28:34 PM »

Also, why buy a new car if you will be getting rid of it in 12 months?

As well as the depreciation, you lose the VAT as soon as you drive it out of the showroom.  That's 17.5% down the pan immediately.

If you're only having it for a year, have you not considered leasing?

He is leasing it. That's why he's got a guaranteed buy back price.

Put your deposit down (same as your 3 months up front payments on a lease but more expensive) Pay £xxx/m to fund the depreciation (usually costs about the same as a monthly lease). Guaranteed buy back should cover a portion of your deposit because it should be more than the car's actually worth so you've got some to put down on yuor next car.

It's more or less the same.
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« Reply #13 on: September 02, 2008, 02:32:49 PM »

if you bought the first mini, 206cc, possibly audi R8 and some other uber desirable new cars when they first came out and kept it for a year you wouldn't lose the VAT which indicates to me that a used car is worth what someone is prepared to pay for it and has absolutely nothing to do with how much tax was paid to the government when it was new.
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« Reply #14 on: September 02, 2008, 02:54:43 PM »

It won't be new next year.
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