BMW M3 and M4 - The Icons
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
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
      06-29-2022, 11:20 PM   #1
npcars
Private First Class
npcars's Avatar
United_States
46
Rep
176
Posts

Drives: M4Cx / X3 M40i
Join Date: Sep 2007
Location: Austin, TX

iTrader: (0)

W.W.Y.D. ?

Hi all, looking for some opinions and insights.

I'll be as brief as I can be.

I have a '20 F82 CS. Love the damn thing, but I also like newer/better, hence me wanting to eventually make the switch to a G82.

My lease ends in March of '23.

My original plan was to ride it out until the end and then shop around. Then, hit the fan and now we are where we are (ADMs/shortages/rate hikes/etc).

Additionally, I got a letter from my dealer saying I can trade in and cash out ~$7,500.

Soooo, should I cash out the CS and put it toward a G82 before rates get any higher, OR should I just continue to enjoy the CS and wait to see what financial climate were in next March?

TBH, I'm not sure what type of payments ppl are getting right now, and I'm also not sure how much worse they'll get before they get better.

I'd appreciate anyone with a crystal ball chiming in for the latter point.

Thanks in advance.
Appreciate 0
      06-30-2022, 12:02 AM   #2
gs1403
Captain
1392
Rep
773
Posts

Drives: 2020 F82 6MT
Join Date: May 2019
Location: NY

iTrader: (0)

I'm in a very similar situation as you - currently in a F82 with $9-11k in equity depending on which dealer you ask and lease up at the end of December this year. I've been trying to get an allocation for a G82 since March of this year and have so far been unsuccessful despite being on multiple waitlists. Fortunately it seems the value on my F82 has been holding strong, ::knock on wood:: but I rarely drive it anymore as I know all it takes is one irresponsible driver or f*ckup to completely wipe out that nice chunk of equity - something I do not want to deal with when I am on the cusp of trading it in as soon as I get an allocation.

As bad as the economy is right now considering inflation, rates and equities market, it seems cars are holding strong due to extremely constricted new car supply in addition to the relatively low cost of borrowing and strength of the labor market. If we start seeing mass white collar pay cuts or layoffs happening at the same time as automotive supply chains substantially easing, I think we'll see the luxury car market essentially collapse. If we can avoid an economic meltdown, I think the most likely scenario for cars by next year would be to see the market in the process of returning to some semblance of pre-covid normals with small discounts on new cars and significantly less equity if any at all on your used car. If 10 years of car ownership has taught me anything however, your trade value is going to take a much bigger hit much more quickly before dealers start discounting cars like the M3/4 in any meaningful way.

I'd prefer not to wait and see what the market does, especially when I'm in such a favorable position with my F82. As soon as I have an allocation and production week, hopefully soon, I plan on capturing whatever equity I have in my car and pre-trading it to the highest bidder as I have something else to drive in the meantime. I also have a couple dealers lined up willing to write me a check for the equity even if I do not buy from them, in the case that the dealer who gets the allocation tries to screw me on the value of my car. I'm certainly glad I did not trade my car in March when I started this process as it would've sucked to be without my F82 without anything in the pipeline. Definitely shop around and don't just take your dealer's word about the $7,500.

As for any doubts about G82 vs F82 - the G82 is pretty much superior in every way. I love my F82 to death and if it were entirely up to me, I'd keep both as they are completely different animals. However, after a couple days behind the wheel of a G82 and there is little doubt in my mind how much I'd enjoy owning one, even over my F82. All in all, with all the uncertainty surrounding the car market and especially considering your trade, I'd say it's better to get started in this process sooner than later.
__________________
2023 G82 M4 Competition / Dravit Grey Ind. / Silverstone/Black Full Merino / Carbon Fiber trim / Bi-color 826M / Executive / M Carbon Ceramic Brakes / Icon Adaptive LED Headlights / M Shadowline Lights / M Carbon Exterior
Appreciate 6
sJohnny264.00
npcars46.00
Rux631.50
02M3ForMe4255.50
      06-30-2022, 05:10 AM   #3
jmg
Lieutenant General
jmg's Avatar
18493
Rep
14,085
Posts

Drives: G82 M4C X-Drive
Join Date: Mar 2013
Location: Orange County, CA

iTrader: (1)

Garage List
2022 G82 M4C X-Drive  [9.83]
2018 F80 M3 CS  [9.83]
2019 i3 BEV  [0.00]
I sold my M3 CS and got into the G82. No regrets. It's a better driving car even without the DCT.

As far as the economy goes... its anyone's guess. Personally, I'd strike now while the iron is hot. I don't think you are going to get a better residual than right now. Things are already starting to plateau in the secondary market. The downside is we can't say the same thing about a new car. Expect to pay almost full price or more for a new car.
__________________

2022 G82///M4 Competition X-Drive - KW-HAS, EBC Bluestuff, Millway Race Camber Plates, Cup2 Connect*, PSI High Flow Midpipe, Lightweight Front Lip, M Perf Flow Through Wing
Previous • 2018 F80 ///M3 CS • 2016 F80 ///M3
IG: Raging_G82
Appreciate 1
npcars46.00
      06-30-2022, 06:15 AM   #4
LuvMyE92
Occasionally frequent poster
LuvMyE92's Avatar
2994
Rep
2,742
Posts

Drives: CT5V-Blackwing
Join Date: Jan 2008
Location: RTP NC, USA

iTrader: (0)

My crystal ball is booting up as I write this. It runs Windows 3.0 (it's an old ball) so I may just have to wing this answer myself.

Used car prices, home prices and other big ticket items that have been in short supply are starting to plateau. They're not going down necessarily (depends on where you are) but the price increases appear to have slowed or stopped.

New car prices have gone up and deals are few and far between, lease rates on BMWs are up significantly.

First, I would not take the dealer offer without getting some other offers first. As a lease buyout, the rules have changed so you may want to review your contract first.

Second, it appears that you have multiple cars, so if they are not all allocated to spouse, children, etc. then can you drive something else while you wait for the new M4? If so, that helps a lot.

Third, yeah, the G82 is sooooooooo much better than the F82.

Fourth, can you get an allocation from your dealer? That's the first step before you start worrying about production scheduling.

And fifth, you need to start now, working on your configuration and color choices. Because that can take a while.

Ah, so I see that the thread title is WWYD? Well... I got out of my lease on the 540i early to use my G82 as my sole, everyday car, which worked fine until I bought the Alpina, then I (because prices were still high) sold the M4 for more than I paid for it. In hindsight, economically/financially, I should have kept the G30 and bought it at lease end. I love the Alpina but OMG it's a lot of money sitting in one car. Emotionally, I absolutely love the B7 and don't regret the move for a minute. I do slightly regret the loss of the M4, but honestly, it was an impulse buy and I didn't care much for the color and would have preferred an M3 but since it cost me nothing to own it for a year, I'm OK.
__________________
Current inventory:
F22 & G05
Cadillac CT5-V Blackwing w/3 pedals
Past: E24,E28(3),E34,E36,E37,E38(2),E39(4),E46,E89,E92 (obviously),F01,F06,F10,F30,F87,G12,G30(2),G82(2)
Appreciate 1
npcars46.00
      06-30-2022, 07:18 AM   #5
Purekoryo
Lieutenant
519
Rep
456
Posts

Drives: G80 M3 Competition
Join Date: Jan 2020
Location: USA

iTrader: (0)

Garage List
Strike now. Car market has been flat q1-q2 2022 and will only continue to get flat or start to go down and with all the economic indicators it will probably be the latter.

I traded in my Porsche recently, made some dough and got a g80. The extra cash I have I can put towards the market as it continues to drop. Once it comes back up again, I'll have that much more equity to put towards another car (in my case a 992 GTS) once car prices come back down to normal levels. If you guys remember back in 2020, folks projected late 2022 is when supply chain (chips) should start to catch up and that still seems to be the case. And it should also be enough time for car makers to get creative and deploy procurement strategies that gets around the Ukraine issue with the whole wiring harness ordeal.
Appreciate 3
npcars46.00
YamaLink425.00
      06-30-2022, 10:17 AM   #6
vj123
Brigadier General
vj123's Avatar
United_States
3784
Rep
3,625
Posts

Drives: 2022 M3c - sold
Join Date: Mar 2015
Location: The Detroit

iTrader: (0)

If i were you, i would sell the CS now.

With everything happening, used car market is beyond its peak and its not going to start strong for a very long time.
Appreciate 1
      06-30-2022, 05:44 PM   #7
YamaLink
Lieutenant
425
Rep
435
Posts

Drives: rust-free '93 Toyota 2wd
Join Date: Sep 2019
Location: Northwest

iTrader: (0)

Quote:
Originally Posted by Purekoryo View Post
I traded in my Porsche recently, I'll have that much more equity to put towards another car (in my case a 992 GTS)
Which Porsche was traded?
Have you already built the 992 GTS and are factoring in a long wait?
Appreciate 0
      06-30-2022, 06:11 PM   #8
Purekoryo
Lieutenant
519
Rep
456
Posts

Drives: G80 M3 Competition
Join Date: Jan 2020
Location: USA

iTrader: (0)

Garage List
Quote:
Originally Posted by YamaLink View Post
Quote:
Originally Posted by Purekoryo View Post
I traded in my Porsche recently, I'll have that much more equity to put towards another car (in my case a 992 GTS)
Which Porsche was traded?
Have you already built the 992 GTS and are factoring in a long wait?
718 GT4. I had a 991.2 GTS and miss that car dearly but the price on those are still insane right now, so 992 GTS is the next logical choice. I'm just still on the "list" from a few dealers. They're all saying 1-2 years until I can get an allocation unless I spend more with them now. Markup from the dealer I bought my GT4 from is $25K for a GTS.
Appreciate 0
      07-01-2022, 02:03 AM   #9
BMWRacer523
Lieutenant Colonel
BMWRacer523's Avatar
2519
Rep
1,773
Posts

Drives: G80 M3 Competition xDrive
Join Date: Aug 2021
Location: NJ

iTrader: (0)

I would pull the trigger now while prices are up.
Appreciate 1
npcars46.00
      07-01-2022, 07:35 PM   #10
YamaLink
Lieutenant
425
Rep
435
Posts

Drives: rust-free '93 Toyota 2wd
Join Date: Sep 2019
Location: Northwest

iTrader: (0)

Quote:
Originally Posted by Purekoryo View Post
718 GT4. I had a 991.2 GTS and miss that car dearly but the price on those are still insane right now, so 992 GTS is the next logical choice. I'm just still on the "list" from a few dealers. They're all saying 1-2 years until I can get an allocation unless I spend more with them now. Markup from the dealer I bought my GT4 from is $25K for a GTS.
718 GT4 = drooling! I'm so glad they are not available and everything I read points to the GT4 being a poor choice for a one-car-only daily.
Appreciate 0
      07-01-2022, 07:50 PM   #11
WraithM5
Private
WraithM5's Avatar
94
Rep
98
Posts

Drives: F90 M5, F80 M3, G80 M3C Xdrive
Join Date: Apr 2020
Location: Canada

iTrader: (0)

Get a G8x M3 or M4 it will blow your mind
__________________
15 F82 M4 (sold)
16 F80 M3 (sold)
20 F90 35 Jahre
22 G80 M3 XDrive
Appreciate 1
npcars46.00
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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 10:42 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