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Old 04-13-2014, 10:37 PM   #1
vadercelica
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Would you buy a car with over 200,000 kms on the clock? - resale value?

Hey guys,

I am currently looking into buying a 10 year old car with 210xxx kms on the clock (BMW) - what are your thoughts on the re sale of this vehicle with 2 years driven ontop of current kms so approx 250xxx kms on the clock

Is there a market for this high kms for a european car? I am in two minds and myself wouldnt buy that high kms (250)
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Old 04-13-2014, 10:54 PM   #2
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If you're looking at resale value, don't bother. The price will only go further down. As for buying the car, I would, depending on what it's had done/service history/the usual shebang when you're looking at a used car/E46.
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Old 04-13-2014, 10:58 PM   #3
YGOAMG
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In terms of re-sale. Just buy the cheapest one. As a % it will depreciate the least.
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who da F done that?
prestige warehouse or who?
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Old 04-13-2014, 11:27 PM   #4
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Old 04-13-2014, 11:55 PM   #5
vadercelica
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Is there a buyers market for BMW's in that range? they seem to come and go off carsales - do you think people end up keeping them or actually sell the vehicle?
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Old 04-14-2014, 12:58 AM   #6
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BMWs generally hold their value quite well, granted high mileage will always be detrimental to resale value, but then rather a BMW with 200k+ than a Toyota with 200k+
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Old 04-14-2014, 03:35 AM   #7
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BMWs generally hold their value quite well, granted high mileage will always be detrimental to resale value, but then rather a BMW with 200k+ than a Toyota with 200k+

I'd take the Toyota.


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Old 04-14-2014, 06:46 AM   #8
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I'd take the Toyota.


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Old 04-14-2014, 07:19 AM   #9
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Is there a buyers market for BMW's in that range? they seem to come and go off carsales - do you think people end up keeping them or actually sell the vehicle?
High k's is a good reason to negotiate down price, i would assume they sell, but for less than advertised.

People with high k vehicles normally start optimistic about sale price, and get more realistic when it doesn't sell quick. If your getting a high k car cheap, expect to then on sell cheaper.

If you buy a high k vehicle and have to throw a few grand at it in those 2 years of ownership, it will not count on your resale price.
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Old 04-14-2014, 07:54 PM   #10
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i'd take the toyota.


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Old 04-14-2014, 08:21 PM   #11
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I thought you blokes were motoring enthusiasts?......

Toyota's are designed around the size of the door opening. Hardly a dynamic drive on that basis alone.....
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Old 04-14-2014, 08:46 PM   #12
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I don't know how you all treat your cars down under but it is not unusual to have E46s here in the U.S. With 300,000 KM on the clock. I know of one with 530,000 KM on it.

This is not just drive till it drops service. The cars need to be maintained and they will last a long time. My 330ci has 233,000KM and is a dream to drive.

The one proviso I would make is that a manual gearbox is highly desirable.
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Old 04-14-2014, 10:11 PM   #13
YGOAMG
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Toyota get my vote too
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who da F done that?
prestige warehouse or who?
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Old 04-14-2014, 10:58 PM   #14
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We've actually got three above 300k, an E34 525i M20 with 330,000 another E34 525i M20 with 370,000 and an E46 328i with 310,000, I'd take the E34 525i manual over a Toyota any day. With maintenance it hardly matters, just means you can buy cheaply.
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Old 04-15-2014, 12:02 AM   #15
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My 2006 M3 is at like 200,556 km now
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Old 04-15-2014, 06:02 AM   #16
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We've actually got three above 300k, an E34 525i M20 with 330,000 another E34 525i M20 with 370,000 and an E46 328i with 310,000, I'd take the E34 525i manual over a Toyota any day. With maintenance it hardly matters, just means you can buy cheaply.
+1
You MAY get a few more miles (KM) in a Toyota but that is not a sure bet AND they'd be in a Toyota!
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Old 04-15-2014, 06:16 AM   #17
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Mine's got almost 260 on it if you want it.....
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Old 04-15-2014, 11:14 PM   #18
selien
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Your buying a BMW, not a crappy toyota or holden.
You will easily get 350k+ out of it, as for resale, meh, once you have one, you wont wanna get rid of it anyway.
Just do a insurance job on it.
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Old 04-16-2014, 03:17 AM   #19
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Your buying a BMW, not a crappy toyota or holden.
You will easily get 350k+ out of it, as for resale, meh, once you have one, you wont wanna get rid of it anyway.
Just do a insurance job on it.
haha you make an 'insurance job' sound so easy and legal
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Old 04-16-2014, 09:24 PM   #20
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Old BMW's with more than 200,000km's are not worth what people are asking. I laugh seeing prices people think a 318i E36/46 with high km's is worth. They are a $1000 car at best.
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