Valuation advice on BMW 3-Series

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Wed 24 Nov 2004 11:44
Valuation advice on BMW 3-Series - NickG
Hello all,

The time has come to sell my 3 Series, and I've been doing a bit of investigation, and reading some interesting threads on this forum.

I've put the car details into "What Car?" online valuations, and paid the princely sum of £2.50 for a "Glasses Guide" valuation. Guess what? They're quite different in their figures!

"What Car?" gives a price of £9,300 as a Private Sale figure, dropping down to £8,000 for a straight Trade figure.

"Glasses Guide" gives me prices of £8,200 for an Excellent Condition Trade-in, going down to £6,200 for a Below Average Condition Trade-in.

So, what gives? Which, if either, valuation is right?

The car is a 1999 T-reg 318iSE (E46) saloon, with dark blue metallic paint and beige leather interior.

It's been owned by me from new, has done 52,000 miles and has a full BMW service history.

Interior condition is absolutely 1st class, with practically no marks or damage. The paintwork has a few scratches and paint chip etc, and a few marks from bird droppings; overall I would describe the exterior condition as being good/very good.

What value should I advertise the car for? And what figure should I accept?

Thanks in advance for any advice!


Nick


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Wed 24 Nov 2004 12:18
Valuation advice on BMW 3-Series - madf
from Autotrader
1999 T Reg BMW 3 Series 1.9 318i S Coupe, Castlecroft Garage Ltd Manual, Petrol, 59,000 miles, Jet Black, Climate Control Air Conditioning, 15" Alloy Wheels, CD Multiplayer, Rear Spoiler, Electric Mirrors, Electric Windows, Traction Control System, ABS, Immobiliser, . . . . (trade)
£6,990
30 miles

1999 V Reg BMW 318 ti SE Chatsworth Specialist Cars 3 Doors, Manual 5 speed, Hatchback, 53,300 miles, Metallic Black. 15" light alloy wheels, Adjustable Seat Height, airbag double, Air-Conditioning, bumper and mirror in color, Clock, Front Fog Lights, . . . . (trade)
£6,990
30 miles

1999 S Reg BMW 318i SE KW Cars 4 Doors, Manual, Saloon, Petrol, 56,000 miles, Metallic Green. 15" light alloy wheels, airbag double side, airconditioning, alarm, central doorlocks with remote control, light alloy wheels, power . . . . (trade)
£6,994
39 miles

1998 BMW 3 SERIES 318is manual, JDT Motor Company 4 door, Saloon, Avis Blue Metalic, 52000 miles, Central Locking, Electric Windows, Electric Mirrors, ABS, Air Conditioning, Power Steering, Drivers Air Bag, Passenger Air Bag, Alloy Wheels, full bmw . . . . (trade)
£6,995
13 miles

2000 BMW 318Ti Sports Compact, V reg. 60000 miles, manual, half leather, M-tec kit, full BMW service history, just serviced, 12mnths MOT, Thatchham Cat-1 alarm, A1 . . . . (private)
£6,995
17 miles

S Reg BMW 318is ASM Car Sales 2 Doors, Manual, Coupe, Petrol, 38,500 miles, Metallic Green. ABS, Adjustable seats, Adjustable steering column/wheel, Alloy wheels, Central locking, Driver airbag, Electric mirrors, Electric windows, . . . . *multi-photos(trade)
£6,995
33 miles



madf


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Wed 24 Nov 2004 12:30
Valuation advice on BMW 3-Series - NickG
Thanks madf.

Although, it has to be said, four of the six examples are either for Compacts or old shape 3's.

I was deliberately trying not to use other people adverts as the basis for my price on the assumption that everyone adds a bit on top of the price they like, and quickly things escalate out of control into unrealistic prices.

That said, I guess around £7,000 doesn't feel like too bad a target price.

Regards


Nick
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