_h_r_ 2nd Gear May 3, 2015 Share May 3, 2015 (edited) That's only 9k/year depreciation for a 523! How much lower can it get... I drive a BMW e90. The problem with BMWs is that there is a lot of wear and tear due to the high operating temperature of >100 degrees Celsius. The thermostat for the coolant closes at 105 degrees Celsius. Maintenance cost can run up to thousands if the owner neglects the BMW until he sells it. Does the 523 have the dreaded gearbox jerk when the vehicles is about to come to stop? Edited May 3, 2015 by _h_r_ ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Hamburger Hypersonic May 3, 2015 Share May 3, 2015 I drive a BMW e90. The problem with BMWs is that there is a lot of wear and tear due to the high operating temperature of >100 degrees Celsius. The thermostat for the coolant closes at 105 degrees Celsius. Maintenance cost can run up to thousands if the owner neglects the BMW until he sells it. Does the 523 have the dreaded gearbox jerk when the vehicles is about to come to stop? yes, its one of the onset of owning a 523i. but good thing is its not too ex to replace them and need not dismantle the whole GB, just drop the pan will do. Link to post Share on other sites More sharing options...
iwillbuymerc1day 3rd Gear May 3, 2015 Share May 3, 2015 Hi all, I'm currently car-less and seeking to buy an auto transmission car left with 12 months. Pls do PM me if u have a car that fits my request that u want to let go. BB cars only pls. Thank you Ps. I won't "low ball" the price if it's reasonable... Link to post Share on other sites More sharing options...
Smartmax85 Clutched May 3, 2015 Share May 3, 2015 Car sold to a nice gentleman. Nissan Sunny 1.6 EX A (Silver) Open Market Value: $11,118.00Minimum PARF Benefit:$6,649.00COE Expiry Date: 27 April 2016Quota Premium (QP): $10,103.00 Paper Value as of 5 May 2014 : $7,636.00 Asking $11,800 2 Link to post Share on other sites More sharing options...
flashbang Turbocharged May 3, 2015 Share May 3, 2015 Car sold to a nice gentleman. Congrats, great price and win-win for both. Link to post Share on other sites More sharing options...
Latio2005A Turbocharged May 3, 2015 Share May 3, 2015 Car sold to a nice gentleman. Your asking price is very very "direct-owner". Link to post Share on other sites More sharing options...
Vhtfhwlego Supercharged May 4, 2015 Share May 4, 2015 too bad..I was trying to look for a car recently also got problem..all direct owner wants at least 8k+ depre for a less than a year car.. wonder are they really direct owners...lol... now, i have to resume my search again due to my ride was crashed..well..bad luck... do let me know if anyone has 1-2 years one..and of coz, not those sellng at dealer price lah.. If you are a direct owner you also like to peg your current car price like the dealers right? Then when dealer mark up, direct buyers say dealers are xxxxx. So hard to please everyone. Link to post Share on other sites More sharing options...
Alheych 6th Gear May 4, 2015 Share May 4, 2015 If you are a direct owner you also like to peg your current car price like the dealers right? Then when dealer mark up, direct buyers say dealers are xxxxx. So hard to please everyone. there'll always be chance for arbitrage because seller wants as much as possible and buyer wants to pay as little as possible. what this thread really does, in the end, is to eliminate the middleman. if it gets too established, i don't think prices would be that much different. but at least you know who and what you're dealing with (until dealers invade this thread, and your car appears again as a "direct owner" sale with textile centre or the grandstand as backdrop...) Link to post Share on other sites More sharing options...
iwillbuymerc1day 3rd Gear May 4, 2015 Share May 4, 2015 hi, i think at least 80% of folks here have an idea of how much mark up the 2nd hand dealers have. and these dealers have all sorts of reasons for marketing the car at said value, be it logical or nonsensical. we buyers will have to practise due diligence to read up and CSI as much as possible before we sign on the dotted line. But if a direct seller pegs the price to dealer level, then i dont think it is logical coz the seller will not get this kind of price from a dealer. i understand ur "hard to please everyone" logic but ur 1st two sentences totally no connection. just fyi... If you are a direct owner you also like to peg your current car price like the dealers right? Then when dealer mark up, direct buyers say dealers are xxxxx. So hard to please everyone. Link to post Share on other sites More sharing options...
iwillbuymerc1day 3rd Gear May 4, 2015 Share May 4, 2015 1 second what u mention. arbitrage is unavoidable. and, maybe all sellers shld indicate "this car shld not appear in any resale advert for at least 3 months unless valid reason is produced" in the sale agreement / contract. not trying to be funny la. just hoping to get a 9 yrs old car at a reasonable price... there'll always be chance for arbitrage because seller wants as much as possible and buyer wants to pay as little as possible. what this thread really does, in the end, is to eliminate the middleman. if it gets too established, i don't think prices would be that much different. but at least you know who and what you're dealing with (until dealers invade this thread, and your car appears again as a "direct owner" sale with textile centre or the grandstand as backdrop...) Link to post Share on other sites More sharing options...
Metalslug2 3rd Gear May 4, 2015 Share May 4, 2015 any corollas or civics? Link to post Share on other sites More sharing options...
Csc2015 3rd Gear May 4, 2015 Share May 4, 2015 I think a reasonable price will be for sellers to sell a little higher than what the dealer would offer and for the buyer to buy lower than what they would get from a dealer. So it will be a win-win for both buyer and seller and seller can be honest about the car condition and buyer will also know what they are in for and not so much surprises and shock after taking over the car. Link to post Share on other sites More sharing options...
Tiger1 6th Gear May 4, 2015 Share May 4, 2015 I have been trying to sell my 523 at less than 9k annually and no takers except a few low ballers offering QQ price. Sad that me, a real direct seller with a really well maintained car with a non tempered speedometer has no choice but to off load to a dealer at their asking price. I won't be surprised my car ended up being sold to a buyer at 11k depre subsequently. Link to post Share on other sites More sharing options...
_h_r_ 2nd Gear May 4, 2015 Share May 4, 2015 I have been trying to sell my 523 at less than 9k annually and no takers except a few low ballers offering QQ price. Sad that me, a real direct seller with a really well maintained car with a non tempered speedometer has no choice but to off load to a dealer at their asking price. I won't be surprised my car ended up being sold to a buyer at 11k depre subsequently. Check sgcarmart, there is a dealer selling 523i 15 Feb 06 at $35.5K Link to post Share on other sites More sharing options...
Deckbuild 6th Gear May 4, 2015 Share May 4, 2015 I was looking at some 9 years old SSS to track and to my surprise, their depreciation are at around 11k to 13k, so much higher than some contis out there. Seems like the average depreciation of cars in sg are at around 10k PA. Link to post Share on other sites More sharing options...
_h_r_ 2nd Gear May 4, 2015 Share May 4, 2015 I was looking at some 9 years old SSS to track and to my surprise, their depreciation are at around 11k to 13k, so much higher than some contis out there. Seems like the average depreciation of cars in sg are at around 10k PA. If you are referring to BMW, they can cost a lot to maintain. Engine oil and coolant leaks are commonplace. The 6 speed auto gearbox is known to jerk especially before coming to a stop. You can easily spend thousands on repairs. I drive a e90 320i and it breaks down unless I pray to ti gong. Link to post Share on other sites More sharing options...
Fastfive1 5th Gear May 4, 2015 Share May 4, 2015 I have been trying to sell my 523 at less than 9k annually and no takers except a few low ballers offering QQ price. Sad that me, a real direct seller with a really well maintained car with a non tempered speedometer has no choice but to off load to a dealer at their asking price. I won't be surprised my car ended up being sold to a buyer at 11k depre subsequently. If you factor in the original price of the car, a BMW is definitely worth it at 9k per year. Why get a Japanese car at 11-12k when you can get a BMW at 9k? What I cannot stand is owners of popular makes like Altis, Mazda 3 and Civc have to sell their car with a depreciation of 11-12k per year when their car is nearly 9 years old. It just doesn't make sense. I'm pretty sure if they were to sell it off to a dealer, they won't even get that much. Probably paper value and 2-3k extra. When someone who's interested offers a decent price which is definitely more than what the dealer will offer, they decline. KNNCCB. Link to post Share on other sites More sharing options...
7hm Turbocharged May 4, 2015 Share May 4, 2015 I have been trying to sell my 523 at less than 9k annually and no takers except a few low ballers offering QQ price. Sad that me, a real direct seller with a really well maintained car with a non tempered speedometer has no choice but to off load to a dealer at their asking price. I won't be surprised my car ended up being sold to a buyer at 11k depre subsequently. You sold to the dealer alr? How much (were?) you asking? ↡ Advertisement Link to post Share on other sites More sharing options...
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