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BMW 530i Champagne Edition 2 88k

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Lovely looking motor but starting price, reserve and location will put a lot of buyers off

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No heated seats on Champers II's :-( 

 

Should have kept my 530i Individual - had the Champagne leather with electric memory heated sports seats, poplar trim, DSP, folding rear seats, Nav, servotronic steering etc etc It only had 48500 miles when sold in 2013 for £4000

Edited by E39mad

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Funny enough I asked Old Colonial Cars about my E38 with 66,000, he said he would retail it for £6995. I thought I know its low mileage but bloody hell! He does seem to move stuff though.

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Hi,

 

If the old colonel E39 referenced above is a Champagne, then the Naturel Poplar wood trim is missing. At that asking price, it needs to be present and in excellent condition. Fairly sure that 'black' kidney grilles weren't a factory option either !

 

Plenty of car purchasers who aren't on forums and who don't research various aspects about cars - they have deep pockets and mostly 'automatically assume' low mileage means a car is fantastic in every way - it's those customers who keep 'higher end' car dealers in business !

 

Cheers, Dennis!

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2 hours ago, DennisCooper said:

If the old colonel E39 referenced above is a Champagne, then the Naturel Poplar wood trim is missing. At that asking price, it needs to be present and in excellent condition.

 

I'd guess that the Old Colonel car is a Champagne I, hence the electric seats and brushed alu trim. The Champagne II's had Papel Natur (Poplar) and nearly all had manual, non-heated seats.

 

C.

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12 hours ago, DennisCooper said:

Hi,

 

If the old colonel E39 referenced above is a Champagne, then the Naturel Poplar wood trim is missing. At that asking price, it needs to be present and in excellent condition. Fairly sure that 'black' kidney grilles weren't a factory option either !

 

Plenty of car purchasers who aren't on forums and who don't research various aspects about cars - they have deep pockets and mostly 'automatically assume' low mileage means a car is fantastic in every way - it's those customers who keep 'higher end' car dealers in business !

 

Cheers, Dennis!

 

Bollocks...

 

No one in their right mind is going to pay close to £10k for a 16 year old car, just because it's got low mileage

 

It's a fuel drinker, an old car and Colonial are just trying it on to see if some muppet with no real knowledge of these cars will buy it, like the idiots that price their E39 M5s in to decent E60 M5 territory (close to £20k etc)

 

Unless it's a showroom/concourse condition car; it's not worth more than £5k in this market... Because it's not the all elusive 540i or M5, which at that price, that's what folk want

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Hi Dan,

 

I wouldn't say that ! else, how do well known specialists like GMS cars, nick johnson, sj specialist cars etc etc who all ask big prices survive ? 

 

In just my own family, there's some who aren't into cars at all and yet can and will reach for their chequebook (remember those!!) if they just fancy a new (or used) car - and they're not entry level variants. Going further out, some of my own friends are again not car enthusiasts and yet have supercars in their garages. The point is that there's plenty of people out there who have the means to easily buy a car that's advertised as low mileage and also in great condition even if it's a 'bread and butter' 5 series (or Merc E class or Audi A6 and similar.) who aren't enthusiasts. 

 

Granted, a car advertised at £10K might not (most likely won't) actually sell at that asking price, it's highly likely cars sell/have sold for quite a bit less, but not multiple thousands less unless the car turns out to actually be a total dog of an example. 

 

Cableguy - cheers! yes, as soon as I read your response I remembered the Champagne 1 variant (I was also reading the title of this thread as well !) 

 

Cheers, Dennis!

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It's still bollocks Dennis and you know that

 

Those car sellers won't sell all their cars, will probably sell some of them to other dealers for a loss to their list price, but they'll still make a profit out of it at the end of the day

 

There are cars with those sellers and some on eBay that have been up for sale since I bought my current 530i, 13 months ago!

 

Reason? They're overpriced, even for us 'enthusiasts'! 

 

As I said, 16 year old cars, 15b at their youngest. Fuel drinkers/gas guzzlers, however you want to call it, more than likely needs some bodywork/more than likely needs some suspension work/more than likely needs some cooling system work... Don't give a toss if they look all shiny in the pictures, it's up close to them when you see the general issues

 

They'll never have the pull of the M5s, even the top spec'd 540i's (if you can find one) and to spend close to £10k on a car that'll need some work doing, just because it's low mileage, either means you've been seen coming & you've completely no idea what you're doing, or it'll sit there and rust away in their forecourt/showroom until the price is dropped that someone may sniff around it... But then probably move on to a more modern car, with more toys, better fuel economy and less tin worm

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Hi Dan,

 

I do agree with you in terms of there's some very very high asking prices out there for many cars, even way beyond what an enthusiast would likely want to pay. Plenty of car dealers/traders are adding on several thousand extra if not 10K and more in the 'hope' that someone will think it's a good car from an initial actual view of it but without a full inspection and then rush off to get finance/loan for it. Given that it's likely to become more difficult to get loans/finance lots of these 'high/silly' asking priced cars will just remain unsold and, as you say, actual selling prices will drop significantly.

 

It's a never ending topic amongst car enthusiasts with 'most' thinking that if they have a sought after variant then their asking & actual selling prices are going to 'automatically' keep rising. The 'lesser' variants which have ultra low miles or might be a limited edition now also have dealers/traders chancing it too as seen in plenty of adverts !

 

I'm the opposite - I don't think any of the E39's will have many examples at £30-40K like many think. Only the most pristine, very low miled (less than 30K miles) , right colour/spec & maintained regardless of cost ones will have £40K asking prices and actually 'sell' for that in 5/10/15+ years time. 

 

Cheers, Dennis!

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Facelift E39 M5s with under 100k and the right story will be £20k as long as we dont have any major economic downturn by 2020

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