[aussie_335]

Well I was in having a service on Wednesday and got very interested in the new Z4. While waiting for my car I got talking to one of the salesmen and arranged for a Z4 for overnight. Was really taken with the Z4 so arranged to have my car valued and made an appointment on Friday to discuss the purchase of a new Z4.
Well what an experience that was. My trade in is an Aug 2008 e92 335i coupe. 6 speed manual, sunroof, sparkling graphite etc etc...completely loaded and only has 25,000 kms on the clock. That makes my car just over 2.5 years old (as this is a 6 speed manual I had to order it and have it built due to the rarity of 6 speed manuals and the car arrive in Aust in Aug 2008).
This car's purchase price was approx $125,000 when I got it.
Well here is the surprise.
The dealer offered me $60,000 as a trade-in on a new (in stock) Z4 with a purchase price of $125,000. That made it a $65,000 change over. I told the dealer that trade in price was insulting and didn't do the deal.
My point is according to the dealer my car is worth $65,000 less than what I paid for it in 2.5 years.
Why would anyone consider buying a new BMW (this is my second BMW first was a demo) with the dealers ripping us off so much on trade-in.
My car is worth well over $60,000 so for now I will just keep it.
Just thought I would share this experience with you all

[jace88]

I'd say keep your 335i. If you have a look at Redbook, he gave you a reasonable quote for a dealear: http://www.redbook.com.au/used-cars/...d=12ED4C525A18

* Private Price Guide $63,600 - $69,400
* Trade In Price Guide $56,000 - $61,800
* Average Km 30,000 - 55,000
Price Guide $111,950* Price Guide

Unfortunately I also realised that in the 2-3 year bracket when you've had pretty much half the value wiped off the car, that's when you get the "damn that depreciated quick" moment. It's also making me rethink whether I want to trade in my 2008 Evo X MR when it's lost half it's value.

[Samoht]

Guys calm down, that $65,000 includes the Stamp duty, the on road cost, the dealer delivery fees and the LCT (that sucks) included. so if you take all that out its not too bad. Why should anyone compensate for stuff like that twice?!

[Chris.G]

Unfortunately this is something that we Australians are use to, just sell it privately. If i'm going to trade in i know it's going to be dismal, so what i do is just hammer them in negotiating for the new car and it works all the time. They have lots of room to move as they can play around with the taxes and trade in amounts on paper. Trivett was very good at this.

[sbce90]

I was told 40k trade in price for my car a week ago. It's better than I thought it would be, and can probably be bettered by shopping around. You should go to other places to compared trade in values. A friend of mine went to trade in his 330d. Porsche offered a trade in value $13000 more than BMW did.

[QLD]

Originally Posted by aussie_335

This car's purchase price was approx $125,000 when I got it.
Well here is the surprise.
The dealer offered me $60,000 as a trade-in on a new (in stock) Z4 with a purchase price of $125,000.

Original car worth 125k... means negotiated price around 110k neat drive away.

Current change over (with your existing car) on a car again "worth" 125k - 45k.

45k for two years motoring sounds about right to me on a brand new car.

Of course none of this makes sense if you don't play "lets screw the dealership" - a personal favourite game of mine.

Remember there is no such thing as a good car dealer - they all want to screw you long and hard and get every last cent out of you... if you bend over and supply the lube - they will impose every last bit of pain on you... All the while smiling and pretending to be your friend.... working 'hard' to give you a 'great deal"....

The key is to turn the tables.

Its a game.... its all good fun...

[s4008616]

I am not insulting any car sales or property sale agents but I treat them the same way, I never believe a single word they say.

I BS to them by never telling them any truth: eg.

I never tell them what I do, eg telling them I am living on centerlink payment;
Never tell them what my real intention is;
Always pretend I am strecthing my budget etc...

[1q2w3e4r]

Same thing happened to me. You think your story is bad, try copping $35k depreciation on an M coupe in 9 months and 6 thousand k from the dealer you bought the car from and they want you to pay full freight for the new whip

I'll never buy another BMW again. Agree with SBD Porsche are head and shoulders better as are Mercedes to deal with

[aussie_335]

Originally Posted by QLD

Original car worth 125k... means negotiated price around 110k neat drive away.

Current change over (with your existing car) on a car again "worth" 125k - 45k.

45k for two years motoring sounds about right to me on a brand new car.

Of course none of this makes sense if you don't play "lets screw the dealership" - a personal favourite game of mine.

Remember there is no such thing as a good car dealer - they all want to screw you long and hard and get every last cent out of you... if you bend over and supply the lube - they will impose every last bit of pain on you... All the while smiling and pretending to be your friend.... working 'hard' to give you a 'great deal"....

The key is to turn the tables.

Its a game.... its all good fun...

The $125,000 for the Z4 was as low as they would go. I spent nearly 2 hours and that was their bottom price. And the $125,000 for my 335i was what I paid. I know all the tricks and I am a very good negotiator but they just would not budge.
So it is a $65,000 loss over 2.5 years not the $45,00 that you mentioned.

[QLD]

Originally Posted by aussie_335

...I am a very good negotiator.......

fair enough...

[bmwaddiction]

why would you buy a new car???? 30-50% depreciation in the first three years, absolutely crazy.

[ZuerstBMW]

Thats why its best to lease, you dont have to deal with all that.
Unless you plan on keeping the car a while, its best to lease.

[johnnydad]

I'd be interested to hear what you would think a good changeover price would be - how far off were they?

[johnnydad]

Originally Posted by 1q2w3e4r

Same thing happened to me. You think your story is bad, try copping $35k depreciation on an M coupe in 9 months and 6 thousand k from the dealer you bought the car from and they want you to pay full freight for the new whip

I'll never buy another BMW again. Agree with SBD Porsche are head and shoulders better as are Mercedes to deal with

Maybe the M coupe wasn't the wisest investment decision but if you take into account that, what, $26K or more of the original price is tax, that's not bad. I'd actually wonder how much less they would have paid for your 9 month old car when compared to wholesale on a new one?

[Stuart@BMRAutowerkes]

OP I'll give you 61k for your car

[bcoz]

Originally Posted by aussie_335

... on a new (in stock) Z4 with a purchase price of $125,000.

Is the Z4 an sDrive35is (RRP ~$141K) ?

[MFKN3]

That's why I buy slightly used private cars. Let someone else take the haircut

[aussie_335]

Originally Posted by bcoz

Is the Z4 an sDrive35is (RRP ~$141K) ?

No it wasn't
Decided to go just an sDrive30i
With all the problems with the HPFP I decided not to go turbo this time. I must admit the 335i has been great but really don't need a turbo.

The Z4 I also decided on an auto after taking one for a drive.

[Manoah]

everyone will rape you on the trade in. fact of life. i noticed in my research before buying that across the board bmw's drop crazy value in the first couple years. my 08 seqouia only lost 7k after three years. i expect to lose 20k in two years with the 335i.

[aussie_335]

Originally Posted by Manoah

everyone will rape you on the trade in. fact of life. i noticed in my research before buying that across the board bmw's drop crazy value in the first couple years. my 08 seqouia only lost 7k after three years. i expect to lose 20k in two years with the 335i.

You are goinging to be in for a big surprise if you expect only to lose $20k in 2 years on your 335i
I have lost $65k in 2.5 years on my 335i. It is a joke

[MrBBQwer]

I trade in my October 2007 E93 325i for about 53k. Bought brand new 105k. IT HURTS.

The more you pay , the more you lose. I wanted more powerful car, which is why I trade in my e93 for Lexus is350. ( I can get a brand new 335 $125k, BUT it will hurts again in 3years time ).

[TaylorA]

Originally Posted by aussie_335

The dealer offered me $60,000 as a trade-in on a new (in stock) Z4 with a purchase price of $125,000. That made it a $65,000 change over

Thanks for the info. Btw whats the list price on the Z4 you looked at?