Which one makes sense?
Discussion
buying a 2005 (05) M3 Convertible Fully Loaded, 30,000 miles for £25k Privately
OR
a 2006 (06) Same spec, 26,000 miles for £29k at an independent dealer
Likely values in 3 years?
Dealer v Private?
New model going to kill the value of the 06 car?
Which if any do you think makes sense?
Thanks...
What is the history of the private car, which dealer or specialist
have looked after the car?
I would always buy the newer car, don't see the latest M3 killing prices yet over the previous model and it will take two years at least for owners to sell on having covered 20K or more.
Money from the specialist is pretty strong, maybe room to negotiate....cars are not flying off forecourts at the moment!
have looked after the car?
I would always buy the newer car, don't see the latest M3 killing prices yet over the previous model and it will take two years at least for owners to sell on having covered 20K or more.
Money from the specialist is pretty strong, maybe room to negotiate....cars are not flying off forecourts at the moment!
put it this way.. if you buy the 2006 model in a years time it will be worth £4-5k less!!! You got that much money to waste?
furthermore, if you buy it private you can get your own warranty which will cost you less then £600!!!
End of the day, the M3 can have issues, and a warranty is a must...
good luck buddy!
furthermore, if you buy it private you can get your own warranty which will cost you less then £600!!!
End of the day, the M3 can have issues, and a warranty is a must...
good luck buddy!
Likely values in 3 years? the newer the car > the higher the depreciation > the more money you lose per year
Dealer v Private? it depends how confident you are in spotting 'lemons' , if you are not very good you'd better off with the dealer OR go private + buy a warranty separately
New model going to kill the value of the 06 car? this applies to both cars, but the newer car will lose more £ per year
Dealer v Private? it depends how confident you are in spotting 'lemons' , if you are not very good you'd better off with the dealer OR go private + buy a warranty separately
New model going to kill the value of the 06 car? this applies to both cars, but the newer car will lose more £ per year
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