BMW M3 and M4 - The Icons
BMW Garage BMW Meets Register Today's Posts
home
G80 BMW M3 and M4 General Topics BMW M3 (G80), M4 (G82), CSL and 3.0 CSL General Forum

Post Reply
 
Thread Tools Search this Thread
      01-22-2024, 02:41 PM   #1
seabiscuit123
Registered
0
Rep
4
Posts

Drives: C43
Join Date: Jan 2024
Location: FL

iTrader: (0)

Looking into M3 World

Hi All-

Turning in my C43, and was going to get a 20 or 21 C63, but I have started looking more into the M3's, and I think I am going to go that route.

Question being- It looks as though it's better to just buy new? I was looking at a 22, but they are still listed for 80K range...

I haven't reached out to any dealer's yet, but is there a preferred dealer on this forum? I don't mind having the car shipped, but are they still months and months out, or do some dealer's have new stock?

Kinda lost here, and I have to turn in the 43 in 3 weeks. lol.

Any help appreciated. I'm just nervous to buy a 22 at 75-80K, and in 2 years when I want to sell, I'm 15K neg equity. Cheers.
Appreciate 0
      01-22-2024, 02:54 PM   #2
Forzanerazzurri
Banned
6918
Rep
3,277
Posts

Drives: E46 M3 Coupe/G80 M3CX
Join Date: Jul 2021
Location: Alberta

iTrader: (0)

Garage List
Cars depreciate. Go buy a 10 year old Dodge if you're worried about it.
Appreciate 0
      01-22-2024, 02:58 PM   #3
ksa
Major
ksa's Avatar
Canada
1070
Rep
1,393
Posts

Drives: Aston Martin Vantage & others
Join Date: Aug 2015
Location: Alberta/Canada

iTrader: (3)

Lol...buy a car that you like and see yourself enjoying more for the foreseeable future. Don't worry about how much it will or it won't depreciate. You are talking about a wrong category of vehicles all together (high performance, speciality vehicles) if you're worried about the cost prospect down the line.
Appreciate 0
      01-22-2024, 03:00 PM   #4
dini_g80
Private
dini_g80's Avatar
United_States
188
Rep
61
Posts

Drives: 24' BMW M3 Comp
Join Date: May 2023
Location: Miami, FL

iTrader: (0)

Garage List
I haven’t worked with them personally but I have seen multiple forum members recommend Day Laborer , if you’re interested in getting an M3
Appreciate 1
      01-22-2024, 03:10 PM   #5
seabiscuit123
Registered
0
Rep
4
Posts

Drives: C43
Join Date: Jan 2024
Location: FL

iTrader: (0)

Quote:
Originally Posted by who_dini View Post
I haven’t worked with them personally but I have seen multiple forum members recommend Day Laborer , if you’re interested in getting an M3
Thanks brother, appreciate you
Appreciate 0
      01-22-2024, 03:11 PM   #6
seabiscuit123
Registered
0
Rep
4
Posts

Drives: C43
Join Date: Jan 2024
Location: FL

iTrader: (0)

Quote:
Originally Posted by Forzanerazzurri View Post
Cars depreciate. Go buy a 10 year old Dodge if you're worried about it.
Thanks for that little gem, sport.
Appreciate 0
      01-22-2024, 03:12 PM   #7
G MONEY
Major
1237
Rep
1,446
Posts

Drives: 2017 458/ YAS m4
Join Date: Jan 2022
Location: EARTH

iTrader: (0)

Quote:
Originally Posted by seabiscuit123 View Post
Hi All-

Turning in my C43, and was going to get a 20 or 21 C63, but I have started looking more into the M3's, and I think I am going to go that route.

Question being- It looks as though it's better to just buy new? I was looking at a 22, but they are still listed for 80K range...

I haven't reached out to any dealer's yet, but is there a preferred dealer on this forum? I don't mind having the car shipped, but are they still months and months out, or do some dealer's have new stock?

Kinda lost here, and I have to turn in the 43 in 3 weeks. lol.

Any help appreciated. I'm just nervous to buy a 22 at 75-80K, and in 2 years when I want to sell, I'm 15K neg equity. Cheers.
These car depreciate. If it was looking, I would go CPO and save that unitial hit. You don’t have time to order exactly what you want anyway. Plus you get that extended warranty. If you need a car that holds its value, spend the money and get the P cars.
Appreciate 0
      01-22-2024, 03:15 PM   #8
seabiscuit123
Registered
0
Rep
4
Posts

Drives: C43
Join Date: Jan 2024
Location: FL

iTrader: (0)

Quote:
Originally Posted by G MONEY View Post
These car depreciate. If it was looking, I would go CPO and save that unitial hit. You don’t have time to order exactly what you want anyway. Plus you get that extended warranty. If you need a car that holds its value, spend the money and get the P cars.
That's what I needed, going to have to go the used route since I'm strapped for time here. I've always leased so this post Covid market is new to me. Thx playa
Appreciate 0
      01-22-2024, 03:23 PM   #9
Forzanerazzurri
Banned
6918
Rep
3,277
Posts

Drives: E46 M3 Coupe/G80 M3CX
Join Date: Jul 2021
Location: Alberta

iTrader: (0)

Garage List
Quote:
Originally Posted by seabiscuit123 View Post
Thanks for that little gem, sport.
No problem seabiscuit. Good luck with your big boy "equity".
Appreciate 0
      01-22-2024, 03:50 PM   #10
Berzerker
Colonel
2885
Rep
2,614
Posts

Drives: 2024 M4 Convertible
Join Date: Jun 2017
Location: USA

iTrader: (0)

Garage List
Quote:
Originally Posted by seabiscuit123 View Post
Thanks for that little gem, sport.
I see you've met our resident curmudgeon.

He's out of line, but he's right. I wouldn't generally worry about depreciation. Just enjoy the car, but I would reach out to Day Laborer for an allocation. He makes the process quick and simple.
Appreciate 2
Lupeskew592.00
      01-25-2024, 12:47 PM   #11
vbb
Captain
vbb's Avatar
1864
Rep
935
Posts

Drives: 2022 M4 manual
Join Date: Jul 2007
Location: present

iTrader: (4)

If you're planning on keeping the car for 3 years or less, you'd be better off finding a nicely used one spec'd with most of your wants because that's going to take less of a depreciation hit than a brand new one. Other than the strange times from late 2020 til maybe mid 2022 where the supply chain and production issues allowed people to flip everything from Accords to minivans for profit, the worst financial move is to buy a brand new car and then sell it in a couple years.

If you have usually leased, you're used to switching cars after 2 or 3 years, so I would think you're likely to do the same with this car. That, plus you probably won't get a brand new ordered car in the time that you need given your lease almost being up on your current car.

All signs point to buying slightly used.
__________________
Previous notables:
'05 S2000 | '07 335i | '09 ISF | '08 911 Turbo | '09 911 C2 | '15 Cayman | '15 RCF | '17 MX-5 RF | '17 C7 Corvette
Appreciate 0
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 10:34 AM.




g80
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST