davyk31 Posted October 16, 2008 Report Share Posted October 16, 2008 I am thinking of an X5 as an upgrade from my X3. Have my eye on a few 2006 models of the Le Mans blue special edition models as they are well specced. Will def be 3.0d auto. Have seen one in a place attached to an auction that market the cars and then if not sold after a few weeks they go to auction. This one is due to go to auction in a couple of weeks and wanted some help in guessing what it might be worth then. It is Oct 06 39k miles very high spec with satnav, big wheels etc etc. Also whats this worth in term of trade and also a retail value as I have seen a few others in garages. Would one registered earlier in 2006 be any cheaper. Finally to all you guys with your fingers on the trade situation, would it be madness to buy into a previous model X5 or is it as I see a good opportunity to get into a very expensive car that has become a lot more affordable. At the end of the day a big engined jeep is not flavour of the month but i am already there with a 3.0D X3 so the implications of fuel and tax do not really concern me, its all about in a couple of years whats it likely to be worth and will anyone want it? Quote Link to comment Share on other sites More sharing options...
davyk31 Posted October 16, 2008 Author Report Share Posted October 16, 2008 Also what should I be expecting to get for my X3. Its Feb 06 so before the March 06 tax cut off and therefore a bit cheaper to tax for now. Its a 3.0D M Sport auto in silver grey with black leather, 19" wheel upgrade, satnav, Tv etc, only 24K with BWM s/history, 4 new tyres about 2000 miles ago and immaculate. Quote Link to comment Share on other sites More sharing options...
Mook Posted October 16, 2008 Report Share Posted October 16, 2008 I reckon if you look at private prices being asked on Autotrader and then knock anything between £3K and £5K to give you a realistic auction price. IMO, in a couple of years time, very few people will want big engined cars - petrol or diesel (despite the BMW 3.0D being a cracking engine) - but, with the market slump as it is now, now is the time to buy and enjoy it while you can Quote Link to comment Share on other sites More sharing options...
davyk31 Posted October 16, 2008 Author Report Share Posted October 16, 2008 You're probably right about a couple of years time but that will be depressing times for all us car lovers. The other way I look at it is that with so few new cars selling surely in 2 or 3 years time the supply of good late used cars has to be quite limited and therefore prices may well hold up a bit. This will obviously apply possibly only to smaller engined and therefore more in demand stuff. Quote Link to comment Share on other sites More sharing options...
Mook Posted October 16, 2008 Report Share Posted October 16, 2008 The other way I look at it is that with so few new cars selling surely in 2 or 3 years time the supply of good late used cars has to be quite limited and therefore prices may well hold up a bit. Probably so if you're smoking a crack-pipe at the time... Quote Link to comment Share on other sites More sharing options...
gizze Posted October 16, 2008 Report Share Posted October 16, 2008 Most dealers are not even taking 4x4's in at the moment, so expect to get completely shafted on your X3, but you will also get a result on the X5 so it doesn't really matter. Loads of 2006 X3's listed for between £15-16k, so expect them to get £14-15k at a dealer, and a grand less as a private sale. X5's seem to be about the same price. Quote Link to comment Share on other sites More sharing options...
davyk31 Posted October 16, 2008 Author Report Share Posted October 16, 2008 Yea a dealer I spoke to mentioned figures in that region for the X3 so guess its not too far off the mark. Not seeing many good X5s at that kind of price and obviously the dealers are wanting their cut, that is why I thought maybe the auction one might be good although difficult to know what price it may get to. Can be bought now for £18,900, mega depreciation for a jeep that was 45k new not quite two years ago! Quote Link to comment Share on other sites More sharing options...
davyk31 Posted October 16, 2008 Author Report Share Posted October 16, 2008 Thing I cant really work out in my head is say I don't change now which would be the better car to have in a years time if I wanted to change then. The X3 is a current model and an attractive X3 as they go and I know they are a bit unloved or an X5 which is not the current model and there may be plenty about albeit I would be aiming to ensure that any X5 I had would be a nice looking one. Never even driven an X5 so should do that soon but anything I read is very favourable. Quote Link to comment Share on other sites More sharing options...
Mook Posted October 16, 2008 Report Share Posted October 16, 2008 I reckon the X3 will depreciate less, because it's not perceived as being "one of those great big Chelsea Tractors" (it's a bit more of a Clapham sit-on lawnmower ), so, with your sensible head on, keep the X3 Quote Link to comment Share on other sites More sharing options...
steelwind101 Posted October 16, 2008 Report Share Posted October 16, 2008 Hello Just to say the X5 is a pretty nice car, i had one when they first came out. I know there is a new version or face lifted one at the moment avalible but the 3.0D (A) doesnt get the greatest economy in the X5. I ran and 5 series saloon with the same engine until a few months ago and got around 35-40MPG. At best my X5 only got 27, most days 24! Geoff Quote Link to comment Share on other sites More sharing options...
davyk31 Posted October 16, 2008 Author Report Share Posted October 16, 2008 Yes reckon they are a bit shocking on diesel, my X3 is not much better, averages 25-27 in normal town driving, can get up to 35 on a decent run. Feels really lively though and not sure an X5 would be as quick with the extra weight. Quote Link to comment Share on other sites More sharing options...
gizze Posted October 16, 2008 Report Share Posted October 16, 2008 Why not a nice 535d sport?? They are going for £15k now with around 45k miles on them. Quote Link to comment Share on other sites More sharing options...
davyk31 Posted October 16, 2008 Author Report Share Posted October 16, 2008 535d Sport would do nicely if it was just me driving but this is the family car which needs to carry 2 kids in a car seat and the dog. Getting kids into a jeep is SO much easier as the seats are on a level rather than having to reach them down into the car. Also the dog may be a bit annoyed at the lack of a hatchback! Quote Link to comment Share on other sites More sharing options...
gizze Posted October 16, 2008 Report Share Posted October 16, 2008 <object width="425" height="344"><param name="movie" value="http://www.youtube.com/watch?v=l9u-YeEee2k&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/watch?v=l9u-YeEee2k&hl=en&fs=1" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="344"></embed></object> Agree a 4x4 is easy with kids though. Quote Link to comment Share on other sites More sharing options...
davyk31 Posted October 17, 2008 Author Report Share Posted October 17, 2008 Like that video, my dog has enough trouble in the X3 boot in the roundabouts, something faster might leave him in a heap in the corner of the boot! Quote Link to comment Share on other sites More sharing options...
Mook Posted October 17, 2008 Report Share Posted October 17, 2008 Great vid Quote Link to comment Share on other sites More sharing options...
theduisbergkid Posted October 17, 2008 Report Share Posted October 17, 2008 Great vid +1, agree with your logic too Guy Quote Link to comment Share on other sites More sharing options...
gizze Posted October 17, 2008 Report Share Posted October 17, 2008 ....agree with your logic too Guy You don't know how many years I have been waiting to hear someone say that to me!! :heart::heart: Quote Link to comment Share on other sites More sharing options...
alera Posted October 17, 2008 Report Share Posted October 17, 2008 x5s are nice motors if you can trade up to a better speced similar aged x5 from an x3 for 4 - 5k that has to be great value imo... The value of all big luxury cars have gone through the floor. Enjoy it whilst you can I say ! It terms of depreciation the x3 is marginally more sensible but much less desirable. The used car market is compeltely destroyed and we are going into a severe recession which is going to last 2 - 3 years at least. Both will loose loads but you have a much nicer car to drive round in the mean time so who cares if you have the money... Quote Link to comment Share on other sites More sharing options...
Mook Posted October 17, 2008 Report Share Posted October 17, 2008 You don't know how many years I have been waiting to hear someone say that to me!! :heart::heart: If you check some of the other forums he haunts, there's several mentions of him wanting some kind of "experience" with gizze Quote Link to comment Share on other sites More sharing options...
Golfer Posted October 17, 2008 Report Share Posted October 17, 2008 535d Sport would do nicely if it was just me driving but this is the family car which needs to carry 2 kids in a car seat and the dog. Getting kids into a jeep is SO much easier as the seats are on a level rather than having to reach them down into the car. Also the dog may be a bit annoyed at the lack of a hatchback! spoke with a stealer today, X5's and X3's they don't want to take at all, they are offering something in the region of 8K UNDER BOTTOM BOOK Now thats taking the P*ss, I would stick with the X3, it's later less miles and just ahaed on MPG. Just my 2P X5's today are going for nout. Quote Link to comment Share on other sites More sharing options...
alera Posted October 17, 2008 Report Share Posted October 17, 2008 PX is the big problem. Anything big and exepensive with crap fuel economy is virtually impossible to move on. Only option is private sale and take a massive hit and a load of hassle moving it. Still real bargains to be had if you are a cash buyer. The thing is oil prices are falling though the floor so all the knee jerk worries when petrol was at $140 is gone now its back down to $70 a barrel. Shame the governemnt were so stupid on VED as the prices these cars are falling too now they really are incredible value. You can easily get a 3 year old v8 super charged Range Rover sport fully loaded 3ok on the clock for low £20k, its a 70k motor ! That was a month or so ago probably less now ! If you had said that to someone in the trade 12 months ago they would have had you certified. Quote Link to comment Share on other sites More sharing options...
davyk31 Posted October 17, 2008 Author Report Share Posted October 17, 2008 Looking at values of 5 series seems to mean they are very undesirable too. You can buy a 5 series for less than a 3 series, seems like the 3s are nearly the most expensive BMW at the moment. Quote Link to comment Share on other sites More sharing options...
davyk31 Posted October 17, 2008 Author Report Share Posted October 17, 2008 You have to ask how cheap large jeeps are going to get, they cant freefall for ever. If you can buy a decent 2006 X3 or X5 for say 16-18k, it still has to be worth a fair bit after a couple of years. also if these kind of vehicles are always going to be worth next to nothing it will mean they are always easy to buy until of course supply runs out as no-one is buying them new. People have panicked and got out of really good cars for terrible money. Why sell your X5 say and pay money to get into something like a 320d just because its a couple of hundred less to tax in a year and uses less fuel. On average miles per annum the fuel saving cant be more than a few hundred quid. So maybe in a year it costs you 600-800 more to run an X5 than a 320d .......... easy contest for me! Quote Link to comment Share on other sites More sharing options...
D1MAC Posted October 17, 2008 Report Share Posted October 17, 2008 You have to ask how cheap large jeeps are going to get, they cant freefall for ever. If you can buy a decent 2006 X3 or X5 for say 16-18k, it still has to be worth a fair bit after a couple of years. also if these kind of vehicles are always going to be worth next to nothing it will mean they are always easy to buy until of course supply runs out as no-one is buying them new. People have panicked and got out of really good cars for terrible money. Why sell your X5 say and pay money to get into something like a 320d just because its a couple of hundred less to tax in a year and uses less fuel. On average miles per annum the fuel saving cant be more than a few hundred quid. So maybe in a year it costs you 600-800 more to run an X5 than a 320d .......... easy contest for me! 100% sensible & I'm in agreement Even now, there are plenty of cars where it just makes infinitely more financial sense to run into the ground (figuratively or even literally) than trade them in. Not just lux or 4x4 either. I look at my own Focus ST and even though it isn't yet 2 and only has 30 odd k on the clock, I'm only looking at somewhere in the £8 - £10k range as a trade, depending on how much I want to spend. Given that anything I buy is likely to drop by circa £4k per year, I'd be in 'credit' in a couple of years time with a car that's still going to have a fair old bit of life in it (I bet the engine will still have 150-200k miles left in it then). So why would I buy (at least from any vague financial viewpoint). However, it really is about a combination of perception & the circling of the finance wolves. The former is the interesting one as it demonstrates quite simply just how monumentally stupid most people are . End result - those that can buy don't, those that can't probably through silly amounts of money at getting into a diesel box on wheels, some dealers go up the Swanny (I see Inchcape are firing today) & others just get by - :confused: Quote Link to comment Share on other sites More sharing options...
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