BMW 1 Series - What difference does the number of owners .... - cheddar

... make to the value of a car?

I am looking at a Sep '08 BMW 1 Series at a BMW dealer, mint, low mileage, full history, three owners:

Owner 1/ BMW - demonstrator
Owner 2/ Jan '09 to Feb '11
Owner 3/ Feb '11 to Apr '11 - apparently his circumstances chganged and he needed a larger car.

How much less is this worth compared to a one owner car everything else being equal?


Thanks.



BMW 1 Series - What difference does the number of owners .... - RT

The BMW demonstrator ownership plus the 2nd owner could be considered normal for a 2-3 year-old car but the 2 month 3rd ownership so recently would make me very wary about buying it, never mind with a price reduction.

If you buy it, it'll be a 4 owner car when you sell it - might not matter at 10 years old but it will if you sell it soon.

BMW 1 Series - What difference does the number of owners .... - cheddar

If you buy it, it'll be a 4 owner car when you sell it - might not matter at 10 years old but it will if you sell it soon.

Thanks, I think that is what I am thinking.

BMW 1 Series - What difference does the number of owners .... - unthrottled

Cars that frequently change hands are usually hot potatoes. I'd avoid it like the plague.

BMW 1 Series - What difference does the number of owners .... - daveyjp

Ask the dealer for the previous keeper's details so you can contact them.

Edited by daveyjp on 26/04/2011 at 14:49