Vehicle details
| Registered | 26 Jul 2023 |
| COE expires | 25 Jul 2033 |
| Engine | 1,499 cc |
| Power | 109bhp |
| Transmission | 7-Speed Dual Clutch Automatic |
| Fuel type | Petrol |
| Body | Hatchback |
| Seats | 5 |
| Colour | Black |
| Owners | 1 |
| Road tax | $684 / year |
| PARF rebate | $10,120 |
| Service history | Full agent service history |
Features
LED headlights, Reverse camera, Digital cockpit
BMW 116i
Work out your monthly
Flat rate estimate for guidance. A longer tenure lowers the monthly but costs more in total interest. Your actual rate depends on the bank and your approval, so message me for a firm quote. More on this in why the cheapest monthly is rarely the cheapest car.
Comparing with a cheaper car elsewhere?
A lower depreciation does not always mean a cheaper car. Some cars are priced lower but come with a higher loan rate, and the extra interest can cancel out the saving.
| Car A | Car B | |
| Price | $100,000 | $95,000 |
| Depreciation per year | $18,000 | $17,000 |
| Loan rate | 2.48% | 4.5% |
| Interest over 5 years | $8,680 | $14,963 |
| Cost per year with the loan | $19,736 | $19,993 |
Car B looks $1,000 a year cheaper but costs more once the loan is counted. Ask for the loan rate before you compare. Example uses a 70% loan over 5 years with a $10,000 PARF rebate.
Warranty on this car
Cover ends at the time or mileage limit, whichever comes first, and is confirmed in writing before you commit. You can extend it to 3, 5 or 10 years, and the prices are on the warranty and servicing page.
Viewings are by appointment. I am not always at the office, so book first and I will make sure the car and I are both there. How viewings work.
About this car
One owner, 30,000km, and full agent service history from new on a car registered in mid 2023. Under 9,800km a year is light use. The 1.5 three cylinder turbo keeps road tax under $700 a year, which is unusual on a BMW and is the practical reason a 116i costs so much less to run than the badge suggests. Nearly seven years of COE remaining, and engine and gearbox coverage available for five of them.