[Closed] High Milage Beemers...

as for moving on high milers....

i generally buy high milers - but not for 10 grand.

for A grand maybe 2 keep em till they rot our or teminal engine/gearbox failure.

but when shopping i look for people who appear to be shifting them on for no rational reason.

Dads Taxi is not a 10 grand BMW, it's a 1500 quid hatchback with a funny smell when you turn the heating on.

Dads Taxi is not a 10 grand BMW, it's a 1500 quid hatchback with a funny smell when you turn the heating on.

£1500 unwashed Galaxy with door trim missing on one side, iffy central locking, rubber mats all round with acres of mud and pine needles, one stereo speaker not working and that damp smell from carrying round lots of tarpaulins and damp waterrproofs for work...

*tick*

ghostlymachine - Member
Dads Taxi is not a 10 grand BMW, it's a 1500 quid hatchback with a funny smell when you turn the heating on.

Depends on what world you live in I suppose, it's all relevant.

Gary_M - Member
It's also better than spending £20 million on a yacht if we're going to come up with random comparisons.

Its not random, its the cost of said car(s) new approx...

Its not random, its the cost of said car(s) new approx...

It's not relevant though.

so tis about having a beemer badge for cheap.

there are other options for less than 10 grand.

so tis about having a beemer badge for cheap.

No.

Its about having a car that meets my work/ biking / family requirements thats reliable, cost appropriate, and tidy enough to justify my work car allowance clause which is - and I appreciate the can of worms I suspect this will open - is appropriate to my role of a customer facing representative to the company working in a professional manner.

Or words to that effect, bearing in mind I work for a Fortune 500 company selling a industry recognised/leading professional solution.

Is there a vehicle age limit on your car allowance?

Not any more. There was 5 year limit but they removed it.

Gary M - are you saying that you think cars with 80+k miles are worthless? Or do you believe they’re worth less?

I personally don’t think it’s just a badge thing. A modern 3 series with a decent engine and spec is over £50k and a 3 year old car with 80k on it is not uncommon.

Let’s assume average 15k/y mileage and that the 3 retains 40% if it’s value after 3 years. That’s £20k and 45k miles. The general industry figure is +/-£1-2k per 10000miles so (pessimistically) another 8k from the price = £12k

Let’s do the same with a Passat. £30k and 40% that means £12k minus £6000 (£1500/per10k) is £6k...

The BMW has more intrinsic value, not due to its badge (at least at this stage) but due to its initial cost.

I personally don’t think it’s just a badge thing. A modern 3 series with a decent engine and spec is over £50k and a 3 year old car with 80k on it is not uncommon.

Pushing it a bit that, a brand new 320d M-Sport tourer is just over £35k and that's a bloody good spec

[quote="steve_b77"]Depends on what world you live in I suppose, it's all relevant.Desperate to impress the neighbours?

Gary M - are you saying that you think cars with 80+k miles are worthless? Or do you believe they’re worth less?

Where did I say they were 'worthless' or 'worth less'? Not sure what you mean.

I'm saying I wouldn't spend £9.5k on one.

im not sure which part makes the 520 with 100k miles a better dads taxi than a 40k 1 series he already owns and knows if it has any foibles that is worth the same amount.

its only worth the same amount because nutters are ready to hand over 9 grand for a 100k old UNKNOWN quantity car.....

Here you go wwaswas:

a) Be suitable for business use and commensurate with the image of the Company
b) Be appropriate for the needs of the role
c) Diesel or hybrid-powered only - hybrid includes electric vehicles powered additionally by either petrol or diesel

and what you have said about it being appropriate for XYZ is just justifying the badge thing...

you associate the BMW badge with prestige and you need it to represent your fortune 500 company.....

My high mileage 3 series estate was the biggest crock of shite I’ve ever owned.

Radiator went, clutch (and dual mass flywheel) replaced l, electrics were dreadful- boot switch popped glass draining battery, wiper electrics, hedgehog resister

When I could start it, and if it wasn’t raining, it drove ok.

I expect you'll get more room etc an older 3 series over your current 1 but with slightly higher maintenance costs.

tbh, I'd just pick whichever car you like the look of and go for it. A few hundred quid either way over a year isn't that much given the total cost of ownership.

a) just means the condition of the car - clean and tidy, don't rock up to a customer in a rust bucket.

c) will be probably be rewritten very soon 🙂

and what you have said about it being appropriate for XYZ is just justifying the badge thing...

No it isn't, unless your opinion is that only a BMW will satisfy my criteria.

For example, I never said it needed to have 50/50 weight distribution, will deliver Joy or have a propeller shaped badge did I?

I expect you'll get more room etc an older 3 series over your current 1 but with slightly higher maintenance costs.

...was my conclusion also. So then factor in I haven't yet run our of room in the 1 series, the VED is cheaper, and so is the maintenance the younger car looks more attractive.

I think we all know you're going to stick with the car you currently have anyway, or buy an RS4 🙂

I'm going to watch Groundhog Day later. Bloody love that film.

Well in a round about way you did

Let's face it your not going to go get a skoda are you it won't meet your criteria.

You want a car with some percieved prestige to fit with your companies image

If you want the car with prestige /image you'll have to pay lots for item. Hence 9.5grand for 100k. Lots of people are in same position as you hence the demand.

You'd be mad to buy the 5 over the 3 with your current tenuous reasoning imo

Lol.

You'd be mad to buy the 5 over the 3 with your current tenuous reasoning imo

I'm confused, I thought he had a 1 series and was considering a 3. Has he already done the deal and is now 'moving up' to an even older, even higher mileage, more prestigious 5?

2-4-6-8 motorway...... I lost track he changes mind so much.

Basic premise.

Keep the current car .

Gary M
In reply to your earlier thread regarding my neighbours car with 450k mileage ..dont know his exact mileage per year but it wasn't new when he bought it ..
He uses it as a volunteer driver for the ambulance service his son is a motor mechanic so keeps on top of the maintenance side of things ..it owes him nowt and he gets 44p per mile expenses ( non taxable ..as it's not a wage ) ..
So if he is doing 50,000 miles a year which is feasible living where we do..the car is making him £22,000pa tax free ..not bad for an old banger !

That is a good point - my post on the [url= http://singletrackworld.com/forum/topic/what-car-do-i-want-clue-its-not-the-one-i-thought-it-was/page/2 ]other car thread this morning[/url] has me thinking.

I have averaged £5k of mileage expenses a year (@10-12k of business miles annually @45ppm).
Therefore my car that costs me about £340 a month (all costs in) nets me about £410 a month in work expenses. 8)

all costs in

Bet there no depreciation in that....

I lost track he changes mind so much

I have a 1 series, I was considering a 3 series. That hasn't changed since the OP.

Bet there no depreciation in that....

So including depreciation, my car has cost me (above business expenses) £40 annually, to do 12k private miles a year... 8)

Useful to know MOAB, I do the same mileage as you.

With the exception I've no idea of my depreciation, my differences are £30 VED, £171 a month loan, Insurance £650 and £400 maintenance to date.

With the exception I've no idea of my depreciation

Didn't you get the 1 series on PCH? So essentially the depreciation is the monthly repayment?

Ah Ok, so:

depreciation = £2136 a year
Insurance = £650 a year
Maintenance = £400 a year
Fuel = £1600 a year
Tax = £30 a year
[b]Total costs £4816[/b]
@45p x 11k miles £4950

Yay!

£400 a year maintenance sounds cheap.

I gotta be honest, isn’t this the whole point of PCP and the Allowance.. in that if you structure it correctly it should be net nil to you.

Obvz the BIK is in there somewhere to consider don’t forget.

I thought you were only allowed to claim 10k miles at 45p and anything over that was at 25p per mile.

Or is that just the tax relief rule?

Those are HMRCs rules, yes the PPM allowance does go down, has done for about 10yrs IIRC.. (it’s been a while since I’ve claimed mileage)

£400 a year maintenance sounds cheap.

In the 2.5 years I've owned the car I've had one service costing £400. It was serviced the day before I picked it up foc.

Merc E320 cdi class estate here.

202,000 on the clock. Owned from new. Only got pricey to run after 160k

Between 160k and 200k it had -

New shocks all round ( air suspension on rear ) £1000
Wheel-bearing and engine mounts £700
Ball joints & track rod ends £500
Turbo £1500
Odds and sods £300

Plus the usual servicing, brakes and tyres.

As we’d spent so much on it we figured we’d replaced pretty much all the running gear so we then paid £1500 to tidy up the paintwork, replace minor damaged trim and refurb the wheels.

So its had best part of £6k spent on it in the last 40k miles but … it now looks and drives like a three year old car.

Bit of gamble but hoping for another 200,000 miles out it without too much hassle. We know this car’s history so buying another used one is also a gamble.

A new one is £50k and depreciates at £800 a month or silly money on PCP

On balance 200,000 miles is not a big deal.

Overall the service will cost you more though, a set of tyres isn’t cheap (my 125d just needed new @£750!)
Still, it’s a pretty cheap way to run a car

So you get the 45p/25p mileage allowance on top of your car allowance?

If so your quids in! I can't understand what all the fuss is about.

In the 2.5 years I've owned the car I've had one service costing £400. It was serviced the day before I picked it up foc.

Fair enough. I do about 15k a year so need a couple of services in any one 12 month period, maybe a tyre or two.

525d touring (E39) 234k. Still on original clutch etc and turbo. Have said it now.