2004 BMW 525i, what's it worth?

junkyard

The way values are plumetting these days what do ye think a 2004 BMW 525i auto with 120k miles, full service history, years NCT, silver with black leather. In very good condition with alloys, is worth?

unkel

The mileage alone will make it untouchable to 99.9% of potential buyers in this country. I'd be in the 0.1% camp and I would take full advantage of the fear and ignorance of the other team. I would offer €9k.

junkyard

9k!!!!:eek:Yer man paid 28k 11 months ago for it with 85k on the clock, it's a very clean car and I spoke to a BMW mechanic and he has similar 525's coming into him with 270k on them with no serious issues, a good engine too by all accounts. I thought it would make 11 or 12k anyway.

bazz26

As you know Junkyard 11 months is a lifetime in the second hand car market these days.

Two things to note in this country:

• 2.5 litre petrol - a non runner for most Irish folks. Expensive to tax and feed compared to what they are used to.
• 120k miles - once it reaches the 100k mark generally Irish people assume the car will explode.

Your target market here for a car like that is probably 1%. Anyone who will be interested will know the story and want it cheap.

Owen

I'd give it a cautious 10k. I remember a 04 520i (the 2.2) being sold for 16k recently with 70k miles.

starbelgrade

junkyard wrote: »

The way values are plumetting these days what do ye think a 2004 BMW 525i auto with 120k miles, full service history, years NCT, silver with black leather. In very good condition with alloys, is worth?

A five year old car with a shed load of miles. I'd be in the 99% and steer well clear of it. I picked up a 2006 VW Golf last month for €6500 - 25000km on the clock. Alloys too (not that it was a selling point).

EPM

starbelgrade wrote: »

A five year old car with a shed load of miles. I'd be in the 99% and steer well clear of it. I picked up a 2006 VW Golf last month for €6500 - 25000km on the clock. Alloys too (not that it was a selling point).

Not meaning to be smart but I'd nearly prefer an average mileage car that hasn't been used about town to a low mileage shopping trolly.

If everything is backed up by a full and detailed service history there is no reason why it should't be as reliable

Seth Brundle

In fairness, I would be sceptical if it sold for 9K in the current climate.
I'll give you 2k!

robtri

ned78 wrote: »

I'd give it a cautious 10k. I remember a 04 520i (the 2.2) being sold for 16k recently with 70k miles.

kbannon wrote: »

In fairness, I would be sceptical if it sold for 9K in the current climate.
I'll give you 2k!

you see how fickle the used car is at the moment, in the space of an hour your car has dropped from 10K to 2K....
and I reckon 2K is nearer the money

Owen

I think you're all being negative. There's a market there (Albiet a small one) for people looking for a bit of flash, to be seen in a new shape 5 Series for bugger all money, and it has a 6 cylinder engine which really won't have been that stressed with the mileage. Some petrolhead will see past the small issues on this car I think.

unkel

ned78 wrote: »

I think you're all being negative. There's a market there (Albiet a small one) for people looking for a bit of flash, to be seen in a new shape 5 Series for bugger all money, and it has a 6 cylinder engine which really won't have been that stressed with the mileage. Some petrolhead will see past the small issues on this car I think.

Yep, somebody like me. I've been at that game for many years

And I would offer €9k

biggybum

All jokes aside, i sold a 04 520i 2.2 se manual with 70k miles last September for 14k that was the realsitic Market value then, I reckon 8-9k for this is top end !!

BostonB

EPM wrote: »

Not meaning to be smart but I'd nearly prefer an average mileage car that hasn't been used about town to a low mileage shopping trolly.

If everything is backed up by a full and detailed service history there is no reason why it should't be as reliable

A bit of hard driving usually sorts out the shopping trolly's....;)

BostonB

starbelgrade wrote: »

A five year old car with a shed load of miles. I'd be in the 99% and steer well clear of it. I picked up a 2006 VW Golf last month for €6500 - 25000km on the clock. Alloys too (not that it was a selling point).

Thats not a valid comparison. Completely different types of car. No one who wants a 525 is going to see a regular Golf as an alternative.

BostonB

ned78 wrote: »

I think you're all being negative. There's a market there (Albiet a small one) for people looking for a bit of flash, to be seen in a new shape 5 Series for bugger all money, and it has a 6 cylinder engine which really won't have been that stressed with the mileage. Some petrolhead will see past the small issues on this car I think.

Maybe not an petrol head. Its an auto. Sounds lovely. But its the running costs of fuel, insurance, tax, and servicing that would put most people off. Nice car though. I'd love it myself. But its not what I need at the moment.

Anan1

ned78 wrote: »

I think you're all being negative. There's a market there (Albiet a small one) for people looking for a bit of flash, to be seen in a new shape 5 Series for bugger all money, and it has a 6 cylinder engine which really won't have been that stressed with the mileage. Some petrolhead will see past the small issues on this car I think.

I dunno, I think petrol-heads are the biggest bargain-hunters out there. If I were paying €10k+ for an 04 525i, i'd want it to be loaded with options and showing a meticulously cared-for 30-40k miles. I think even €8k is too much.

Edit: Is the car definitely an E60? If so, disregard what I said above.

Owen

BostonB wrote: »

Maybe not an petrol head. Its an auto.

But a Petrolhead would want an Auto in an E60 5 Series. Putting a manual on a 5 Series with that engine is a bit unrefined I think.

Anan1

ned78 wrote: »

But a Petrolhead would want an Auto in an E60 5 Series. Putting a manual on a 5 Series with that engine is a bit unrefined I think.

+1. Anyone but a confirmed masochist would want an auto in that car.

furtzy

Unfortunatley its only worth what someone is prepared to pay for it. I think the comments on it only being of interest to 1% of the buying public is true...so I think a figure of 8k - 9k is about it or else its going to sit for a very long time

Owen

furtzy wrote: »

Unfortunatley its only worth what someone is prepared to pay for it. I think the comments on it only being of interest to 1% of the buying public is true...so I think a figure of 8k - 9k is about it or else its going to sit for a very long time

+1 I'm trying to buy a Transit Connect at the moment, and for some stupid reason I want to buy it in the republic. I want full electrics, aircon, and the TDCI engine, preferably in white. Found such a van, with high mileage, entered into discussions with the guy. He was selling a 04 for 4500, I could have a similar one in from the UK for 3k. I offered 3500 out of fairness, and he refused to budge. I'd imagine he's going to be looking at it quite a while.

There's a very simple rule at the moment which is that a vehicle is only worth what someone is willing to pay for it, and if you don't take a little pain now, it'll hurt a lot more in the long term.

skyhighflyer

I'd take at at €11K if I had the cash lying about.

Eoin

Wow - this time last year you would have been lucky to get an 2000 or later e39 m-tech model for less than 12K.

BostonB

Anan1 wrote: »

+1. Anyone but a confirmed masochist would want an auto in that car.

Fair enough. I guess on reflection if I was buying one I'd go for an auto aswell.

pipsqueak

furtzy wrote: »

Unfortunatley its only worth what someone is prepared to pay for it. I think the comments on it only being of interest to 1% of the buying public is true...so I think a figure of 8k - 9k is about it or else its going to sit for a very long time

was wondering when that cheesy bit of boardsie wisdom would pop up " its only worth what someone is willing to pay"

True but that phrase really annoys me!! All you need to do now is throw in "in the current economic climate going forward"!!:D

Johnboy Mac

My take on this is really simple. If you like a bit of decent flash, have the cash to buy, can afford to drive it and want a car that is 20% or so of it's original cost and it will give you enjoyment daily - buy it.

furtzy

pipsqueak wrote: »

was wondering when that cheesy bit of boardsie wisdom would pop up " its only worth what someone is willing to pay"

True but that phrase really annoys me!! All you need to do now is throw in "in the current economic climate going forward"!!:D

Nothing cheesy about it. Its a reality that most dealers are having to come to terms with. had a long chat with a mate of mine whose a manager of a large multi brand dealership the other day and he pretty much said the same thing. Think you need a "dose of reality"...or does that annoy you as well

L-M

Is it even worth 10k? I don't think so.

I think 8-9k is reasonable if you were buying it for yourself. I wouldn't touch it with a barge pole at that money if it was with an intention to sell it on.

robtri

ned78 wrote: »

But a Petrolhead would want an Auto in an E60 5 Series. Putting a manual on a 5 Series with that engine is a bit unrefined I think.

Anan1 wrote: »

+1. Anyone but a confirmed masochist would want an auto in that car.

I must be a masochist.... much prefer to have the manual, wouldn't touch it with the auto, takes the fun out of the car......

L-M

Ignore

junkyard

Sold it straight this evening for 12k euros, so there, there's still some hope out there.:)

Eoin

junkyard wrote: »

Sold it straight this evening for 12k euros, so there, there's still some hope out there.:)

Who'd have thought the advice from strangers on the internet could be wrong!

BostonB

LOL.

robtri

Limerick man wrote: »

Ignore

why????????????

stepbar

starbelgrade wrote: »

A five year old car with a shed load of miles. I'd be in the 99% and steer well clear of it. I picked up a 2006 VW Golf last month for €6500 - 25000km on the clock. Alloys too (not that it was a selling point).

That was a serious good deal compaired to the car I'm picking up on Sat (04' Golf 7750 + 1k for Clio). Fair play for getting it.

galwaytt

junkyard wrote: »

Sold it straight this evening for 12k euros, so there, there's still some hope out there.:)

Holy Schweppes Batman - I need you to sell my 968 at that rate! I want € x, but I'll take €x +2k anytime

L-M

robtri wrote: »

why????????????

Lol, I was reading your post and the two posts you qouted wrong. Never mind, move along :P

thealltimelow

my dad sold his 04 530d last summer for 22,000 with 132,000 on the clock

unkel

junkyard wrote: »

Sold it straight this evening for 12k euros

Well done!

When I bought my 735 (in early '04), I negotiated the (already rather cheap) asking price down substantially. My only argument was that I was seriously going to buy the car (with 110k miles on it). I would have the money ready the next day. But I needed to shake hands there and then. I pointed out to the seller that my offer was well below what the car was considered to be worth, but I also pointed out that I was the one with the readies. He might get another buyer 5 minutes later with €3k more to offer, but he might never get that buyer either. It was his gamble and he went for my offer

junkyard

unkel wrote: »

Well done!

When I bought my 735 (in early '04), I negotiated the (already rather cheap) asking price down substantially. My only argument was that I was seriously going to buy the car (with 110k miles on it). I would have the money ready the next day. But I needed to shake hands there and then. I pointed out to the seller that my offer was well below what the car was considered to be worth, but I also pointed out that I was the one with the readies. He might get another buyer 5 minutes later with €3k more to offer, but he might never get that buyer either. It was his gamble and he went for my offer

Really? So how much will you take for that 735 now Unkel?:)

unkel

junkyard wrote: »

Really? So how much will you take for that 735 now Unkel?:)

A bit below the asking price. And another bit if you show me the readies

DJ Hafez

starbelgrade wrote: »

A five year old car with a shed load of miles. I'd be in the 99% and steer well clear of it. I picked up a 2006 VW Golf last month for €6500 - 25000km on the clock. Alloys too (not that it was a selling point).

WHERE?

stepbar

DJ Hafez wrote: »

WHERE?

It had to have been a private deal. No questions about that.

L-M

stepbar wrote: »

It had to have been a private deal. No questions about that.

Or a finance repo/auction etc. etc. Or else it's lies lol... Very cheap at 6500 though.

EPM

Incredible cheap when you consider the cheapest on carzone is 4k more with 6 times the mileage. Was it an estate? They do go cheap...

L-M

EPM wrote: »

Incredible cheap when you consider the cheapest on carzone is 4k more with 6 times the mileage. Was it an estate? They do go cheap...

I know a lad with a 06 Mk4 estate in Green. Tut tut, so manky looking lol:D