nzodea 25 Report post Posted August 25, 2020 (edited) yum https://www.turners.co.nz/Cars/Used-Cars-for-Sale/bmw/alpina/19196494 Edited August 25, 2020 by nzodea Quote Share this post Link to post Share on other sites
LemonHunter 583 Report post Posted August 25, 2020 Looks like they value it at about ~$25k Quote Share this post Link to post Share on other sites
M3AN 4016 Report post Posted August 25, 2020 OCR is 0.25% and they're charging 11.5% ? 1 Quote Share this post Link to post Share on other sites
Willy Sea 46 Report post Posted August 25, 2020 (edited) Yes, look at the risk as a lender. As stated, could be negotiated down, dependent on your financial circs. or cheaper from your bank if you needed to borrow. Edited August 25, 2020 by Willy Sea Quote Share this post Link to post Share on other sites
integrale 40 Report post Posted August 25, 2020 What would be fair value for it? Quote Share this post Link to post Share on other sites
LemonHunter 583 Report post Posted August 25, 2020 I'd say to get interest that "low" you'd need a pretty sharp credit score and income Quote Share this post Link to post Share on other sites
balancerider 751 Report post Posted August 26, 2020 7 hours ago, nzodea said: yum https://www.turners.co.nz/Cars/Used-Cars-for-Sale/bmw/alpina/19196494 This someone on here's old car? @Secniv? Quote Share this post Link to post Share on other sites
KwS 2421 Report post Posted August 26, 2020 Inside and out, thats is a stunning car. Wish i had that sort of money. 1 Quote Share this post Link to post Share on other sites
TermiPeteNZ 1316 Report post Posted August 26, 2020 This was from Hamilton and was listed for $36k on TradeMe last month. Quote Share this post Link to post Share on other sites
Secniv 182 Report post Posted August 28, 2020 On 8/26/2020 at 3:54 PM, balancerider said: This someone on here's old car? @Secniv? Yes I traded it to chch. Someone will get a bargain. Quote Share this post Link to post Share on other sites
Secniv 182 Report post Posted August 28, 2020 On 8/26/2020 at 9:21 PM, KwS said: Inside and out, thats is a stunning car. Wish i had that sort of money. I couldn’t think of a better enthusiast to own it. I struggled selling it and still have regrets but my new mistress is helping me overcome my doubts? 1 Quote Share this post Link to post Share on other sites
Bandit 194 Report post Posted September 4, 2020 (edited) I'm struggling with the lack of love displayed by the Kiwi BMW driver / motorist for the Alpina brand. Can see a lot in this car not present in the equivalent letter car, faster, 0-60mph, tops out at 195 MPH, better braking and handling. Coachbuilt, hand assembled engine sure, not 6 speed manual trans, and I get the luxo barge thing too. Comes down to price, heaps of car for not much money (by comparison) Edited September 4, 2020 by Bandit 4 Quote Share this post Link to post Share on other sites
Eagle 1659 Report post Posted September 4, 2020 I'm sure most of the ones i've seen on the market costing a chunk more than the equivalent BMW has something to do with it. Reserve seems quite reasonable but that interior isnt for everyone. Quote Share this post Link to post Share on other sites
Olaf 3308 Report post Posted September 5, 2020 On 8/26/2020 at 10:02 AM, M3AN said: OCR is 0.25% and they're charging 11.5% ? fair enough, they're lending to people who need to use a rapidly-depreciating mobile 'asset' as security. There's plenty of downside to the risk, so the margin is the upside. Just look at the credit card interest rates... they're still close to 1980's levels! All the more reason to never pay credit card interest. Quote Share this post Link to post Share on other sites
balancerider 751 Report post Posted September 5, 2020 @Olaf Still, thought they wanted us to spend money? or maybe it's just a big bank bailout in disguise...? 1 Quote Share this post Link to post Share on other sites
Olaf 3308 Report post Posted September 5, 2020 @balancerider Matt who is 'they'? The Government perhaps? (genuine question). At any rate, if you've $25k in the bank and want the car, why not? Money's not earning anything in the bank currently, with interest so low. If you have property to borrow against, how cheap can credit be? Holy crap, 3%. One's equity ratio is something to be cautious of in these times, before upping borrowing on frivolous purchases, though. In case things go well south. And neatly looping back to the govt of the day. I guess the way to encourage spending again is to create economic recovery through planning and implementing policy to people feel comfortable and secure in a recovering or thriving environment. Bailouts. Hmmm, yes. 1 Quote Share this post Link to post Share on other sites
balancerider 751 Report post Posted September 5, 2020 10 minutes ago, Olaf said: @balancerider Matt who is 'they'? Adrian Orr et al @ the Reserve Bank was who I was thinking of. It's a cool car anyway - would love the touring version (maybe <10 exist in RHD) 1 Quote Share this post Link to post Share on other sites
Blackie 510 Report post Posted September 28, 2020 https://www.trademe.co.nz/2797023045 Quote Share this post Link to post Share on other sites
KwS 2421 Report post Posted September 28, 2020 12 minutes ago, Blackie said: https://www.trademe.co.nz/2797023045 What average as f**k photos. Even turners did a better job at showing how stunning the car looks. Quote Share this post Link to post Share on other sites