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FOR SALE 2018 BMW M5 - £45,990

boba fett

Racing Driver
Posts
3,091
Likes
1,693
Location
Kent
Drives
320d
Facebook was a waste of time. Lots of admirers on groups but most people in the groups already have one, or like it but aren't in the market. FB Marketplace is a no-mans land of messages that range from "Best Price?" to "Would you swap for a 2015 Seat Cupra plus cash your way" and "It's high mileage/wrong colour/wrong tyres - You wont sell it. Lets do a deal".

Next time I wont even bother on the groups. Autotrader seems the best place as folk are already hunting for that particular car. Pricing is all over the place and I've got M5 owners telling me I'm selling too cheap but the fact is, there are many delusional private sellers out there that think they can sell privately for the same price that a dealer is charging. Dealer offers a warranty, trade-in, finance and buyer protection so why would you buy from a private seller with none of that?

I did toy with selling the M-Performance bits separately and I would have done that if I ended up selling to the trade.

FB is a waste of time unless its free, or absurdly cheap, I see it as the boot fair of selling platforms. When you have a platform that is free and you can randomly, unemotionally message someone, with no risk or consequence, it will lead to fun, games and the gutter of the car selling world.
 

The Revenant

Pit Crew
Posts
373
Likes
224
Location
UK
Drives
2018 M5
Facebook was a waste of time. Lots of admirers on groups but most people in the groups already have one, or like it but aren't in the market. FB Marketplace is a no-mans land of messages that range from "Best Price?" to "Would you swap for a 2015 Seat Cupra plus cash your way" and "It's high mileage/wrong colour/wrong tyres - You wont sell it. Lets do a deal".

Next time I wont even bother on the groups. Autotrader seems the best place as folk are already hunting for that particular car. Pricing is all over the place and I've got M5 owners telling me I'm selling too cheap but the fact is, there are many delusional private sellers out there that think they can sell privately for the same price that a dealer is charging. Dealer offers a warranty, trade-in, finance and buyer protection so why would you buy from a private seller with none of that?

I did toy with selling the M-Performance bits separately and I would have done that if I ended up selling to the trade.

To be fair, I rarely sell anything truly privately, with trade being the easiest option and usually for the same amount minus the hassle.

Agree on the parts too. I will remove some - the easy stuff, but again, selling all that in the usual places is hard graft, so will end up with shelves full no doubt!
 

boba fett

Racing Driver
Posts
3,091
Likes
1,693
Location
Kent
Drives
320d
I have never had a problem getting good money on a private sale, I have a very good filter for Div's and unless they give up a phone number at very least, I don't go any further. When I then speak to them, my DIV filter kicks in again! I know who's a worthy buyer and who's not. Its not perfect though and I still get the odd DIV filter failure from time to time.
 

moonstone

Tyre Kicker
Posts
2,434
Likes
1,271
Location
Lanarkshire
Drives
M5 / TTS
BUYER HAS JUST PULLED OUT SO THIS IS BACK UP FOR SALE.
No doubt he was genuine but it looks like he's jumped the gun before speaking to the Mrs!
 

StuartK

Chief Engineer
Posts
654
Likes
158
Not till March mate. I’m just getting the ball rolling on selling the M5 now as I know it’s a difficult car to shift on the private market and it might take a wee while.

Amazing number of chancers on Autotrader. Asking if I’m interested in swaps with cash on top. Folk just asking me to lower the price without justifying why I should!

It seems a lot of folk look at a car that’s just out of their reach and phone up to see if the seller will take 5 grand less.
If their number starts 0121 then tell them to do one.
 

moonstone

Tyre Kicker
Posts
2,434
Likes
1,271
Location
Lanarkshire
Drives
M5 / TTS
Had two calls today. One telling me he'll give me a £5k deposit if I pull out of the deal with the other guy and another telling me he's ready to buy now and has the funds in place. After a load of timewasters asking for swaps and discounts, it's been a stream of genuine buyers.
 
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