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The BMW Range
5 Series
To buy a pre-owned unit or brand new?
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<blockquote data-quote="Lee36328" data-source="post: 118838" data-attributes="member: 113"><p><strong>1. My question is if i takes the offer of waiting for the pre-owned car, which i will be the second owner...... when if i am going to sell this car in two years time, i am wondering whether the value of the car will be the same as if i am the first owner at the beginning?</strong></p><p></p><p>Most definitely NOT.</p><p></p><p>A 525 is now at, what, RM422k?</p><p></p><p>At 10%, that's 42.2k.</p><p></p><p>At 15%, that's 63.3k.</p><p></p><p>Like what GMENG said, you'd lose at least 10% of the resale value. Actually, you lose more like 15%-20% in the first year.</p><p></p><p>On paper, you are buying the car as a second owner. A brand new car loses around 10%-15% (42.2k-63.3k) the moment it is driven out of the showroom. So, now you see why you were offered a RM23k 'privilege' discount.</p><p></p><p>Over time, when you resell your car, no one will cut you any slack for the fact that when you took the car, it was brand new with little or no mileage. They will see that on paper, you are the second owner and they will become the third. Compared to another car with only one owner, your car will be valued less.</p></blockquote><p></p>
[QUOTE="Lee36328, post: 118838, member: 113"] [b]1. My question is if i takes the offer of waiting for the pre-owned car, which i will be the second owner...... when if i am going to sell this car in two years time, i am wondering whether the value of the car will be the same as if i am the first owner at the beginning?[/b] Most definitely NOT. A 525 is now at, what, RM422k? At 10%, that's 42.2k. At 15%, that's 63.3k. Like what GMENG said, you'd lose at least 10% of the resale value. Actually, you lose more like 15%-20% in the first year. On paper, you are buying the car as a second owner. A brand new car loses around 10%-15% (42.2k-63.3k) the moment it is driven out of the showroom. So, now you see why you were offered a RM23k 'privilege' discount. Over time, when you resell your car, no one will cut you any slack for the fact that when you took the car, it was brand new with little or no mileage. They will see that on paper, you are the second owner and they will become the third. Compared to another car with only one owner, your car will be valued less. [/QUOTE]
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