View Full Version : Sub 50k SG wanted
JBird
31-03-2012, 08:26 PM
Hi Ladies & Gents,
Thought I would join your fine forum, since I'm going to (finally) get a CSL.
Ideally i'm looking for a well looked after SG in the following cond:-
- under 50,000 miles
- Xenons
- Full service history
- BMW Warranty, or atleast a complete enough service history than I can put on a BMW AUC warranty on the car
(so running in service completed, all scheduled services, not more than 2 years between services, no heavy mods).
- Good interior cond (seats, carbon).
- Decent brakes would be a plus but not essential.
Have test driven a few cars already, so am pretty certain of what I want, and will pay a fair price for the right car.
If you are thinking of selling please contact me before advertising on PH / autotrader.
Thanks
J
JBird
31-03-2012, 11:21 PM
Curious what people think would be a fair price for this 60,000 mile car from a dealer?
http://www.pistonheads.com/sales/3713744.htm
...I'm sure you all agree thar the rims must be changed, so have to factor in 2,5k for a set of new rims and tyres. So 28,5 for a 60,000 mile car seems a tad on the high side.
Are there any other advantaged of buying from a dealer?
shimmy
31-03-2012, 11:39 PM
Second hand CSl rims returned are £1200 and sell old ones £200, no reason to replace tyres. So add £1000 for rims.
What will cost you more is the fact it is 60k miles so any warranty will cost you double than if it was 59k miles. Could cost you £700-1000 a year extra.
mattCSLnut
01-04-2012, 12:24 AM
Second hand CSl rims returned are £1200 and sell old ones £200, no reason to replace tyres. So add £1000 for rims.
Sometimes these M3 19" wheels have slightly different tyres sizes then the official CSL sizes. 225 insead of 235 (it's only an 8J wheel) at the front and 255 as oppose to 265 at the rear, so worth double checking with the dealer.
What will cost you more is the fact it is 60k miles so any warranty will cost you double than if it was 59k miles. Could cost you £700-1000 a year extra.
The dealer should pay the first year of extended Warranty as part of the AUC deal. After this expires, move it onto monthly payments to freeze any future Warranty price increases. Most owners with 60K + miles CSLs do :whistle:
shimmy
01-04-2012, 12:37 AM
Sometimes these M3 19" wheels have slightly different tyres sizes then the official CSL sizes. 225 insead of 235 (it's only an 8J wheel) at the front and 255 as oppose to 265 at the rear, so worth double checking with the dealer.
:
Matt
225/255 were standard Pilot Sport sizes on CSL and M3 so will be fine on the CSL rims as well, even though fronts 10mm wider.
shimmy
01-04-2012, 12:38 AM
The dealer should pay the first year of extended Warranty as part of the AUC deal. After this expires, move it onto monthly payments to freeze any future Warranty price increases. Most owners with 60K + miles CSLs do :whistle:
You can't do that Matt
When you switch to monthly it is a different policy and the car will already be over 60k so will attract the higher price.
mattCSLnut
01-04-2012, 12:45 AM
Matt
225/255 were standard Pilot Sport sizes on CSL and M3 so will be fine on the CSL rims as well, even though fronts 10mm wider.
I meant the "Proper" CSL wheels & tyre sizes :smokin:
mattCSLnut
01-04-2012, 12:51 AM
You can't do that Matt
When you switch to monthly it is a different policy and the car will already be over 60k so will attract the higher price.
I'm not disputing Warranty costs going up @ 60K miles +, unfortunately they do :banghead: yet you get less for it :banghead: At the end of 12 months Warranty one is given a choice of payment. Either a one off payment or monthly instalments which do not increase after a further 12 months and remain the same amount so long as they are paid each months, indefinitely :thumbs: The Warranty policy remains the same.
JBird
01-04-2012, 01:17 AM
Cheers guys,
According to dealer it's not possible to switch the tyres. I'm sure I could flog them off on the bay and use the cash towards a set of "proper" CSL rims & tyres.
Cheers for the info RE the warranty, will be sure to check this in detail. Surprisingy the dealer couldn't tell me the on going costs of the warranty (I asked as I was also concerned about the 60k step) BMW don't want to comment themselves - seems the AUC warranty is an outsourced product.
Anyway..... a 40-50k car with the right rims on it in the first place is likley to be cheaper! I'll just be patient and wait for the right one to come along.
J
JBird
14-04-2012, 07:14 PM
Bump......still looking!
Just to get this straight & im sure if im covering old ground.
my cars done 54k i pay monthly for the BMW warranty, when i pop over 60k if im paying monthly the cost stays the same? surely i have to make them aware at the end of each year the mileage & if its past the magic 60k mark?
if not & the car is sold years down the line at +60k if the next owner continues the monthly payments will he pay the same sub 60k premium ?
I'm not disputing Warranty costs going up @ 60K miles +, unfortunately they do :banghead: yet you get less for it :banghead: At the end of 12 months Warranty one is given a choice of payment. Either a one off payment or monthly instalments which do not increase after a further 12 months and remain the same amount so long as they are paid each months, indefinitely :thumbs: The Warranty policy remains the same.
cslsuperfan
14-04-2012, 10:41 PM
as far as i understand bmw's service dept. will anotate your car's mileage each time it is serviced/warranty work etc carried out so therefore i'm sure bmw will automatically notify their warranty arm of the business and the registered keeper/name to which current warranty agreement is held will get the good news of the increase in payments.:)
shimmy
14-04-2012, 10:59 PM
No that is incorrect.
I believe that if you start a warranty paid monthly it is a continuos policy (ie not renewed each year) therefore even though your mileage increases the policy remains as originally taken out until it is stopped and renewed (probably by another party). It doesn't affect payment or cover if your car should go above 60k within the period of your policy. Down side of monthly policy is that the maximum cover is the purchase value for the lifetime of the policy.
Annual policy renews every 12 months therefore will rise in cost when renewed and when you go over 60k miles as it is a new policy. Plus point of this is that you can claim up to purchase value every year (policy period)
I believe theoretically when sold the new owner should take out the policy and hence it will go up in price as above 60k miles. Not sure what happens if it is just transferred though.
JBird
14-04-2012, 11:56 PM
Shimmy, interesting point about the month-by-month being limited to the value of the car. Do you know if this is the orginal new price value, or current value. E.g., if I buy a car for 23k that's had 23k of warranty work done on it, is the month-by-month effectivly worthless?
shimmy
15-04-2012, 12:07 AM
Shimmy, interesting point about the month-by-month being limited to the value of the car. Do you know if this is the orginal new price value, or current value. E.g., if I buy a car for 23k that's had 23k of warranty work done on it, is the month-by-month effectivly worthless?
It's the price you pay for the car. If you have a significant warranty claim they will ask you to prove what you paid for it. Gawd knows why you can't give them any old scrap of paper if you were that way inclined.
cslsuperfan
15-04-2012, 12:23 AM
i stand corrected shimmy...that is however great to know as my warranty is the rolling policy.:)
:supz: Great news, I was dreading getting to 60k & paying 130+ per month for the warren G, Will just keep it rolling.......
billyboysm3
16-04-2012, 09:48 AM
Anyone know what then happens once the cars are over 10 years old with warranty?
Do we still continue as normal?
What happens when the car hits 100k?
shimmy
16-04-2012, 10:15 AM
Anyone know what then happens once the cars are over 10 years old with warranty?
Do we still continue as normal?
What happens when the car hits 100k?
Well have to check. I thought limit was 100k miles but not sure if that matters with monthly payment or not;)
Bounce
16-04-2012, 07:48 PM
Well have to check. I thought limit was 100k miles but not sure if that matters with monthly payment or not;)Once over 100k miles,that's it folks,no more BMW warranty,monthly or yearly.Except for driveline cover,which has a limit of £5000.
JBird
16-04-2012, 08:04 PM
Is the AUC warranty, in general, different to the Insured Warranty then? (There is probably a thread already, but I can't find it.) I could read the fineprint, but what are peoples experience with the two. Is one anymore limited than the other? Presumably the only way to get AUC is when buying from a stealer?
Also regarding the 100k, i'd have thought from the wording on the insured warranty website:
"Please note that Comprehensive Insured Warranty is not available for vehicles with over 100,000 mileage (at the time of purchasing the warranty)"
...that if you are under 100,000k at the time of starting the warranty, you can continue past 100,000.
shimmy
16-04-2012, 08:07 PM
Also regarding the 100k, i'd have thought from the wording on the insured warranty website:
"Please note that Comprehensive Insured Warranty is not available for vehicles with over 100,000 mileage (at the time of purchasing the warranty)"
...that if you are under 100,000k at the time of starting the warranty, you can continue past 100,000.
I had a feeling this was the case. I will double check when mine reaches 100k miles.
sfh3l
18-04-2012, 07:58 PM
JBird
My car has / had the AUC when I bought it. I bought privately and the PO was already on the monthly pay plan. All that happened is that I took over the payments and got the driver name changed.
I have paid ever since except a 5 month period when my credit card changed and the payments were missed on account of the numbers not matching. I thought quite hard about the £400 or so that was required to reinstate the warranty to its full status (paying the missed premiums in one hit), but eventually decided it made sense, so the policy remains in full cover.
One other tip on the AUC is that I seem to recall if you pay it monthly then the excess is £100 while if you pay annually it is somehting like £250. I could never make sense of there being any difference, but certainly it being that way round!
Bounce
18-04-2012, 08:17 PM
JBird
My car has / had the AUC when I bought it. I bought privately and the PO was already on the monthly pay plan. All that happened is that I took over the payments and got the driver name changed.
I have paid ever since except a 5 month period when my credit card changed and the payments were missed on account of the numbers not matching. I thought quite hard about the £400 or so that was required to reinstate the warranty to its full status (paying the missed premiums in one hit), but eventually decided it made sense, so the policy remains in full cover.
One other tip on the AUC is that I seem to recall if you pay it monthly then the excess is £100 while if you pay annually it is somehting like £250. I could never make sense of there being any difference, but certainly it being that way round!Annual can have an excess of £0,£100,or£250.;)
billyboysm3
19-04-2012, 09:35 AM
So can monthly; once your monthly policy has been taken out you can amend it on month 11 to change excess:
shimmy
19-04-2012, 10:04 AM
So can monthly; once your monthly policy has been taken out you can amend it on month 11 to change excess:
I have no idea if a change constitutes a new policy therefore new premiums (above 60k)
Don't forget there is no 12 months for monthly payment, it's just continuous
billyboysm3
19-04-2012, 10:34 AM
I have no idea if a change constitutes a new policy therefore new premiums (above 60k)
Don't forget there is no 12 months for monthly payment, it's just continuous
Im on month 10, reason is as the first year you pay more as the warranty has expired and you are being punished, so month 11 I can amend excess and reduce my premium, so mondial said last year.
I will soon find out!!!! Otherwise Ill be paying over the odds for the rest of my ownership, so forever :mad:
JBird
19-04-2012, 11:55 AM
JBird
My car has / had the AUC when I bought it. I bought privately and the PO was already on the monthly pay plan. All that happened is that I took over the payments and got the driver name changed.
sfh3l, cheers for the info , but I don't quite understand what you mean when you say the PO was paying month-by-month for the AUC and you got it switched to you. Isn’t AUC is only possible on an approved used car purchased from a dealer, and paid in full by the dealer (1 year, or 2 if you can get it thrown in)? I though when the AUC expires, thats it, its expired and you take out a new BMW-Insured-Warranty.
For the mondial BMW-Insured-Warranty (which I think most ppl here have), I was told (by mondial) that if buying privately, when switching owner it becomes a new policy, and the monthly rate is adjusted to the mileage at the time of purchase. So if the PO got the car on a warranty at 30,000 miles, and you buy it at 60,001 miles, you end up paying the expensive 60k+ rate. (so around 175 per month or 1950per year, probably about 4x what the PO would have been paying from 30k).
I think this is an impt note, as many ppl have tried sell their 60k+ cars to me, claiming I can take over their £70-per-month-for-life warranty, which sadly is not true.
shane@mbtech
19-04-2012, 02:49 PM
sfh3l, cheers for the info , but I don't quite understand what you mean when you say the PO was paying month-by-month for the AUC and you got it switched to you. Isn’t AUC is only possible on an approved used car purchased from a dealer, and paid in full by the dealer (1 year, or 2 if you can get it thrown in)? I though when the AUC expires, thats it, its expired and you take out a new BMW-Insured-Warranty.
For the mondial BMW-Insured-Warranty (which I think most ppl here have), I was told (by mondial) that if buying privately, when switching owner it becomes a new policy, and the monthly rate is adjusted to the mileage at the time of purchase. So if the PO got the car on a warranty at 30,000 miles, and you buy it at 60,001 miles, you end up paying the expensive 60k+ rate. (so around 175 per month or 1950per year, probably about 4x what the PO would have been paying from 30k).
I think this is an impt note, as many ppl have tried sell their 60k+ cars to me, claiming I can take over their £70-per-month-for-life warranty, which sadly is not true.
This is how I understand it.
billyboysm3
19-04-2012, 03:25 PM
This is how I understand it.
And this is correct.
Billy
CraigMillwardCroft
19-04-2012, 04:56 PM
Its all double dutch to me, what warranty works for what and length of time :banghead: Still not got round to getting any.
sfh3l
19-04-2012, 04:58 PM
Sorry if what I said before might have been misleading. It is the Mondial Warranty that I have, which though the official BMW extended article, is presumably not 'AUC' as you say. However, as I understood it, it is pretty much the best we can do for a car which is too old or leggy for AUC.
My warranty had been responsible for replacement of gearbox, clutch, flywheel (I think) and diff in the few miles before I bought the car, which would have been a collossal :119: price to pay as a private individual. Indeed, it was the existence of the warranty and these recent replacements that made me eventually plump for this one.
However, I can be certain about the fact that I simply took over the monthly payments when I bought the car in 2009 and have paid it since, with successful claims for things like oil hoses and a replacement rear windscreen on account of the heater element failing. I am in no way disputing anything said here by anyone else, just sharing my own experience.
Not in any way attempting to highjack this thread, but....
By the way - I might be letting my car go in a couple of months. I have just moved from self-employed to my own company and I am beginning to feel that a car such as this will struggle at 40p a mile.
It is SG '04 car with 49K miles, always (mostly Murketts) dealer serviced, including the running in service. The car has xenons, climate control and business cd, proper wheels and nearly new Michelin Super Sports. Being entirely honest, as I am quite fussy, it has one lightly curbed front wheel, and a few small chips on the bonnet / front bumper.
In addition to this, there is a 'bruise' on the front bumper about the size of a palm where someone backed into the car in a car park and there is a 4mm stone chip/dent on one of the front wheel arch flares where it was hit by a stone thrown up by an oncoming vehicle. Both would repair and paint easily no doubt and it had been my plan to collect a few more stone chips before making the bumper repair worthwhile.
Aside from that, the car is very tidy indeed and as good as its excellent condition when I bought it nearly 3 years ago from a very fussy gentleman. The carbon roof and interior are perfect and flippers only minor surface belmishes. I have always garaged the car and I have never tracked it in the 25K that I have owned it. I have both keys and the skeleton key, the alcantara-covered manual with all books, interior mats, the compressor and jizz bottle, warning triangle etc etc. The car uses no oil to speak of and is beautiful, unmodified and just as it should be.
I've gotta say that I am not 100% there yet, as it would be a real wrench, but I have a few silly cars already and perhaps I need somethign more sensible for my daily runner, which this car has been.
I'm not posting pictures or anything like that as I haven't truly decided yet, but I think it is inevitable once the Oil Service, due in 2K miles has been completed that start to look at this more seriously.
When it comes to it, the car will come up on here first, as that seems only proper.
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