Resale value of imported BMW
 

Has anyone managed to resell an imported car?
I've got a 1998 328i SE (E46) that I am struggling to sell before I leave in 10 days (something to do with it being christmas?). So I am thinking about importing it to OZ, but I would probably want to sell it or trade it in after a while.
The total cost to me for the car (UK value + import costs) will be about $23k, and a locally supplied equivalent car sells for about $33k. So I reckon I should be able to get $23k back on it, but has anyone actually managed to sell an import like this? Some people reckon there is no market for them and you have to run it till it stops?

Paul.

Re: Resale value of imported BMW
 

you don't see many beemers on the road here, there is the high luxury car tax that is attracted when they are imported. For 33k you can get alot of car here brand new so I can understand why there wouldn't be much of a market for them at that sort of price.

Do you have anyone in the UK that can sell it for you and forward you the money?

Re: Resale value of imported BMW
 

1998 BMW 328I

E46 Sedan 4dr SA 5sp 2.8i
Prices based on km 70,000 - 130,000
Trade in price guide* $26,100 - $29,900
National average price - private sale* $30,300 - $35,100
Price when new (RRP) $86,800


Close to 18,000 of the previous model E36 318i sedans were sold in Australia from 1991 to July 1998. So they do seem pretty popular.

However....... would local buyers be reluctant to buy an imported model ? Would they "think" it may have different parts, difficult to obtain ? Whether it does or not, is not the point though, it is what the potential buyer may "Think".

Re: Resale value of imported BMW
 

you could always put it through an auction

Re: Resale value of imported BMW
 

Auction?

Surely the local car dealers would take it off your hands? May not get as much but at least have the money in your 'sky rocket'.

Think, would you buy an imported aussie car here? Probably not as you would think parts are hard to find, servicing, etc.

Shaun

Re: Resale value of imported BMW
 

I can leave it with my Dad to sell, and I would expect buyers to resurface in January. I have been gradually dropping the price over the last few weeks, but the new low price coincides with christmas and new year, so I'll have to wait another week or two to see if there are buyres now.
Thanks to everyone for responding. I really like the car, but it seems like an awful lot of hassle to bring it with me.

Paul.

Re: Resale value of imported BMW
 

I think it depends on how you price it.
Sold my Nov 1999 323i Se with all the sport options, 1 owner, full service history for £4000.
It did have 120,000 miles on it so was glad to only advertise it verbally and someone bought it straight away.
Cheap but at least the money is in the bank.

My Audi goes on Monday week to a mate for the same price the local dealer offered me for it.
Again a bargain but no hassle and gone when I need it to be.

Kevin

Re: Resale value of imported BMW
 

Or you could give it to me ;) :D

beth ;)

Re: Resale value of imported BMW
 

I'd be tempted to bring it. It depends on how attached to it you are. I've seen quite a few older BMWs driving around here in Perth, so I guess there is a market for them. Good european cars tend to really keep their value, one of the reasons I went for a Golf.