Quote:
Originally Posted by sterlingsilver Dear Team BHP,
After reading GTOs BMW 530D F30 review and the value proposition pre owned cars offer, I had decided that I really wanted to bring home a Mercedes or a BMW, at least pre owned, and gift it to my mother, let her have her moment and thank her for all that she has done.
Since I know very little about cars and pre-owned ones in particular, I had decided to set the following boundaries after reading various TBHP forums:
1. Will buy one directly from an individual seller or from MB/ BMW dealerships. Will not buy from a dealer.
2. The car is already 8 years old on date. Is this a prudent decision to go for such an old car? Or as a rule, should I look at nothing beyond XX years / XXX kms on the odo?
5. What about the costs of tires, batteries etc going forward?
How much would a regular service cost?
8. Is it worth the hassle to get the car to Chennai and re-register it?
9. How does a car getting transferred from a company name to another company save taxes?
Thank you |
So when buying a used German, it is key to do research on the vehicle you're buying to get an idea of common pain points.
It varies with each car!
In addition, its always beneficial to have a pool set aside for maintenance - I believe in budgetting around ₹1.5L/year on maintenance at an independent mechanic; but again it is very car dependent and there could be years where you will spend 1/2rd the amount, and years where you will spend 2 times that amount.
For someone new to the used car scene, coming from a garage that could last a lifetime such as the Innova, I wouldn't look at a car older than 3-4 years, and that too a facelifted model in which most niggles would be resolved.
Finding a good independent mechanic is key, and forums such as this will help you find one with a little digging around.
Some thoughts about the vehicle:
- don't buy something from first year of launch : typically they have the most niggles.
- not more than 5 years old with less than 40K on odo
- some features should be avoided: such as the air suspension which isn't as reliable + more expensive to fix
- full service history & check insurance for any accident details
Coming to your queries:
1: Dealers aren't a bad source. Yes buying from owner is cheaper, and buying from BMW/Mercedes is safer as they run through the vehicle, but a lot of members including GTO have bought from a dealer and have been happy about it.
2: I would avoid an 8 year old BMW given its your first buy. Best left to those with more technical know-how and expertise. Around this time a lot of rubber components typically start hardening and cracking + with 75K on the odo on bombay roads will probably require some suspension work if not done so already.
Instead, there are some much newer 520D modern line vehicles with half the mileage that can be had at ₹3L more.
5: Tyres for 17" are around 50k, OEM batteries can be 20-40k, etc. Regular service will be 15-20k.
8: You need to add the re-registration cost to your purchase price. It will be based on the depreciated value, but could still be hefty and may nullify the price advantage.
9: Company purchases are eligible for depreciation benefit. However in your case you will have to re-register so it will be up to you what route to take.
Coming to your list of preferred vehicles:
1: BMW F10 5 series: great choice, but could be pricey. Look for a facelifted 520D ideally - there are several quoting 25L in Mumbai which can be had for lower
2: Mercedes W205: you would probably get first year vehicles (2015) in budget, which I would avoid. Also Mercedes has higher maintenance costs than an equivalent BMW so if you would be stretching your budget for it - pls plan accordingly.
3: Mercedes V213: I haven't seen any cars listed for less than ₹40L.
I would also add:
1: BMW F30 320D: fairly reliable, a good facelifted variant would be within reach. The ride quality is better than the W205 C class, engine a bit more punchier, and if you can snag one with the brilliant interior combinations BMW offers (such as the red leather seats on the Sport line, or tan brown on the luxury line) - it really feels nice coming from a sea of beige and black interiors.
2: the W212: while your mother may not be a fan, in my opinion its one of the last solid Mercs with Stellar rear seat comfort
3: BMW X1
4: Audi A4
5: Mercedes B Class: again a great car to be driven in. Poor resale helps make its case.
6: Mercedes GLA: you may just get one with company warranty still in place!