06-06-2021, 12:03 AM | #23 |
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They aren't that rare. But the big problem is they are not perceived as very reliable and repairs are expensive. Consumers don't want to own high performance German cars outside of warranty without a big discount.
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06-06-2021, 12:10 AM | #24 |
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Make sense, I would never buy an used M car. Scared of the repair bills....... LOL
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06-06-2021, 01:11 AM | #25 | |
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M cars are basically luxury commodities for rich people to play with for 2-4 years these days. The sucker is the one who buys a used M5 with 100K on the clock that will need 25K in repairs/maintenance in the near future. American muscle is usually cheap to fix and Ford's and SRT's high performance engines are pretty damn bulletproof. |
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06-06-2021, 01:17 AM | #26 | |
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06-06-2021, 09:24 AM | #28 |
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If this is truly the last full ICE M3/M4, I imagine these will hold their value pretty well. I'd be surprised if the next iteration didn't have at least some hybrid components
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06-06-2021, 10:15 AM | #30 | |
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Good point on the G8x potentially being the last M3/M4 manual. I don't think these will be miserable for resale (although depending on the LCI and CS updates, maybe the first year model will be undesirable).
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06-06-2021, 10:39 AM | #31 |
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People said the same thing about the v8 M3 and v10 m5 and those values went down the shitter
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06-06-2021, 11:25 AM | #32 | |
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Current: 2024 X5 xDrive40i Carbon Black/Tartufo
Previous: 2021 M5 Competition MBB/Black, 2021 M3 Competition Tanzanite/Tartufo, 2021 M340i Dravit Grey/Cognac |
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06-06-2021, 11:38 AM | #33 | |
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This also means a dealer will probably only give you around 38-40K for it- they usually look to make 5K on the used car. |
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06-06-2021, 11:42 AM | #34 | |
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06-06-2021, 11:45 AM | #35 | ||
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The cars you are referencing have 50-60k miles or title issues reported. Even with a nice "shortage bump", we are far away from your depreciation estimate. Either way, I'm confident that this car will beat it's quoted residual.
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06-06-2021, 11:56 AM | #36 |
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That's why, try to get rare cars like the M2C or M2 CS.
If you care about value then get a CS, or go to a different brand.
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06-06-2021, 01:00 PM | #37 | |
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This current market is extremely skewed and weird. In 3 years there will be a lot more supply and possibly even oversupply. They are even building new fabrication sites for chips to grow supply. If I had a crystal ball, I would say expect to see lower prices all around in the near future. |
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06-06-2021, 01:12 PM | #38 | |||
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06-06-2021, 02:02 PM | #39 | |
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(P.s. the price of new boats went way up in the mid 2010s which has continued to support high prices in the used market. Used boats are a discount to the price of new today but very little depreciation relative to their original new price. I doubt that will happen in the auto market which is much larger and has to remain affordable relative to incomes.) |
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06-07-2021, 12:22 PM | #40 |
Leave the gun. Take the Canoli.
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I sold my $78,000 2018 M4 with 22,000 miles on it for $53,000 in December. Local dealer offered me 45k for it through KBB.
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06-07-2021, 12:27 PM | #41 |
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It's common these days, there are too many M3s. Plus there will be 2 LCIs, with second one being for mostly chassis re-tuning, and production is not limited like the M2s.
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06-07-2021, 12:28 PM | #42 | |
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06-07-2021, 12:42 PM | #44 |
Leave the gun. Take the Canoli.
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