What’s my e60 535d with broken timing chain worth

[ecooney]

Even in perfect working order, a 400,000km pre LCI 535d isn't worth a whole lot in this 'cheap tax & PCP only' obsessed country.

Love this quote. There are so many people that are running around buying new cars just for the “cheap tax”. Said people have for instance a 2007 car that they paid off years ago where essentially it’s costing them nothing apart from annual maintenance and tax. They decide that they don’t want to pay the crazy tax rates per 2008 and go out and buy a brand new car (along with deposit / trade-in) and pay hundreds per month for the pleasure of cheap tax????? Then after 3 years they have nothing to show for it.

Sorry for the thread hijack


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[hooch]

Love this quote. There are so many people that are running around buying new cars just for the “cheap tax”. Said people have for instance a 2007 car that they paid off years ago where essentially it’s costing them nothing apart from annual maintenance and tax. They decide that they don’t want to pay the crazy tax rates per 2008 and go out and buy a brand new car (along with deposit / trade-in) and pay hundreds per month for the pleasure of cheap tax????? Then after 3 years they have nothing to show for it.

Sorry for the thread hijack


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Maybe people just like the security of a newer car, and after 3-5 years they would have something to show for it as the car would be fully paid for? If it's affordable then why not, if people didn't buy new cars we'd have no used ones to buy either! High mileage BMW diesels are ticking time bombs.


OP you did well to get to 400k. But i'd say cutting your losses and parting it out might be the best option