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Vehicle details

Registered18 Feb 2022
COE expires17 Feb 2032
Engine1,499 cc
Power80 kW (109 bhp)
Transmission7-Speed Dual Clutch
Fuel typePetrol
BodyHatchback
Seats5
ColourGrey
Owners1
Road tax$684 / year
PARF rebate$18,679

Features

M Sport package, LED headlights, sport seats, dual-zone climate control, reverse camera, cruise control, keyless start

BMW 116i M Sport

✓ CarTimes Certified
$115,800 $113,800
Reduced by $2,000
Excludes insurance
Depre / yr $17,771
COE left 5yr 4mth
Mileage 71,000 km (15,287/yr)
Owners 1

Work out your monthly

Monthly —
Loan amount—
Total interest—
Financed—

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 ACar B
Price$100,000$95,000
Depreciation per year$18,000$17,000
Loan rate2.48%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

✓ Engine and gearbox, 1 year
✓ One free service included
✓ Serviced and inspected before listing

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 from new with 65 months of COE remaining, and 71,000km over four and a half years works out to around 15,700km a year. The 1.5 turbo three-cylinder is under both Cat A thresholds on capacity and power, so a COE renewal later sits in the cheaper category rather than Cat B. Grey with the M Sport package and LED headlights.

Worth reading before you commit

The 3D Method: what to know before you pay any deposit→ LTA wants to merge COE Cat A and B. What it means if you are buying now.→ Questions people ask before buying→
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