[Murse85]

This will be my first M car as well the most expensive. It’ll be something I’ll have to keep for at least 6-7 years.. However, with all this news about ice becoming banned by 2030-2035 it is slightly concerning due to uncertainty. Will gas prices sky rocket? Will resale value of ice cars be 0? I’ll eventually sell my M3 for an ev if things start shifting in that direction but whose going to buy it if it is obsolete.
Is it a good idea to spend almost 100k on a car thats going extinct in the next 5-10 year? Do any of you guys have similar thoughts? Or am I overthinking. I can afford this car but at the same time I’m not rich enough to where I can just buy however many cars I like. Maybe I’m just a worrier lol!!

[BRAKE!]

I think you are overthinking it. Likely will be a gradual shift. However, it does seem to worry you spending $100k on a car, if so, perhaps what may make you sleep better is to buy one less expensive where your mind can hedge against this change

[NightWriter]

Just because some European cities/countries may start banning ICE's by the end of the decade (and I suspect that will get some serious pushback as we get closer), definitely does not mean that gas stations are going away anytime soon. It's impossible to predict future oil/gas prices, though as more people shift to electric cars, that should translate to lower gasoline demand and softer pricing pressure. The people who are gung-ho EV fans already consider ICE cars as being dinosaurs, but I expect there to be a strong resale market for high performance ICE cars for the foreseeable future... especially #savethemanuals

[LuvMyE92]

This country will not ban ICE vehicles in our lifetimes. Well, mine anyway, I don't know how young the OP is.

Why? Well, because not everyone lives in Las Vegas or NYC. A large percentage of our population lives in areas where there is no charging infrastructure and likely never will be one robust enough to support everyone driving vehicles with a 250 mile range. And if you are towing or hauling freight, actual range will be closer to 100 miles. Think farmers, construction, etc. where you have no choice but to drive a big truck.

And then there's the 80% or so of the population that can't afford to buy a new vehicle, and have to buy inexpensive used cars. Those folks can't and won't buy a used Tesla that has a potential $15K battery replacement due soon. And even if you can afford to buy a nice CPO Tesla model 4, you likely can't afford to get a charger installed at your house. And what if you live in an apartment, how do you get your car charged up?

Just buy your car and enjoy it. Don't overthink the future, because no one really knows what's going to happen in 10 years.

[RichardGM4]

The sale of ICE cars will be phased out in the UK (and EU) over the coming decades, however the sale of used cars will continue way beyond that anyway.

Also, the fuel station companies will still have a demand for petrol and diesel beyond that, due to the need for people to keep running the ICE cars they already own!

I think, if anything, the second hand value of the current range of M cars (M2-M8) will increase if they are kept in good condition because they are probably the last of the petrol-only M cars BMW will ever make. They should become collectables in years to come, when most of the population are running EV cars...

...and on the subject of EV cars, in the UK there is a VERY limited charging infrastructure currently, making it impossible for many motorists to even consider going to EV (myself included as I don't have a private driveway or garage and live in a small village). This will take many years and £billions of investment to roll out the required country-wide infrastructure....and even then, the UK doesn't generate enough power for domestic supply, to anywhere near cover the charging requirements of a UK-wide fleet of EV cars!

I'm also pretty sceptical about the long-term life of EV cars, as the batteries will be VERY expensive to replace when they die and the total environmental impact of the manufacturing and decommissioning process of EV cars has been kept hidden up to now - are they really as environmentally friendly as they're purported to be? I think not.

Hydrogen-powered cars seems more likely to me...which places significant questions over the future of EV cars in my mind.

[ROBERT1183]

I dont see them banning them anytime soon. They might not develop new engines and continue to use current technology. I know AUDI/VW have announced they will not spend money to develop anymore ICE. Power grids go down all the time in the summer. They would need to build up the power system to accommodate everyone charging full EV cars. I think you will see a transition in to Hybrid cars first. Not everyone can run out and buy a EV car. Even a Hyundai Kona EV is in the $40k+ range. People are still rolling around in 90s Hondas.

[BMWRacer523]

ICE will never be banned in USA. What you are hearing is that manufacturers will stop producing ICE in the next 5-10 years. Yes, fuel prices may go up but then again as demand drops, it may not increase that much. I don't have plans to sell either the M3 or my v8 300SEL anytime soon. Will likely get an EV SUV for my wife when her lease is up.

[jimbethesda]

Originally Posted by Murse85

This will be my first M car as well the most expensive. It’ll be something I’ll have to keep for at least 6-7 years.. However, with all this news about ice becoming banned by 2030-2035 it is slightly concerning due to uncertainty. Will gas prices sky rocket? Will resale value of ice cars be 0? I’ll eventually sell my M3 for an ev if things start shifting in that direction but whose going to buy it if it is obsolete.
Is it a good idea to spend almost 100k on a car thats going extinct in the next 5-10 year? Do any of you guys have similar thoughts? Or am I overthinking. I can afford this car but at the same time I’m not rich enough to where I can just buy however many cars I like. Maybe I’m just a worrier lol!!

Econ 101. When demand decreases, prices fall. Lower demand for gas will put downward pressure on gas prices, ceteris paribus (all other things being equal).

[BMWRacer523]

Originally Posted by NightWriter

Just because some European cities/countries may start banning ICE's by the end of the decade

Which cities are planning to ban ICE? All I've heard is ban on the sale of new ICE vehicles. Existing vehicles cannot be banned.

[jimbethesda]

Originally Posted by BMWRacer523

Which cities are planning to ban ICE? All I've heard is ban on the sale of new ICE vehicles. Existing vehicles cannot be banned.

Yeah, just the sale of new vehicles. It will take a very long time for the entire fleet to be electric.

[heavyD^2]

In socialist continents like Europe or states like California it's happening quicker but it's moving at a snail's pace in most of North America. It's all ice up in Canada as we just hit a milestone of 3.5% EV's purchased in 2020 which is a drop in a bucket. They still aren't ideal for colder climates and the infrastructure has a long way to go. Personally I feel EV's won't get traction in North America until pickup trucks are widely available as they are the vehicles of choice for most North Americans.

[BMWRacer523]

Originally Posted by heavyD^2

In socialist continents like Europe or states like California it's happening quicker but it's moving at a snail's pace in most of North America. It's all ice up in Canada as we just hit a milestone of 3.5% EV's purchased in 2020 which is a drop in a bucket. They still aren't ideal for colder climates and the infrastructure has a long way to go. Personally I feel EV's won't get traction in North America until pickup trucks are widely available as they are the vehicles of choice for most North Americans.

Ford F-150 is coming. But again, regardless of EV traction, no one is planning to ban use of existing ICE vehicles. That would be asinine.

[PLF69]

I find the whole full EV craze pretty ridiculous, it's like most ppl don't even realize that almost everything they use/consume even cars are transported by boats and trucks that produce way more pollution than our little cars.

Not even talking about planes..

I don't understand why the governments just don't impose better mpg performance like they've been doing for a while, this would lead to a gradual shift to PHEVs, EVs and even development of better ICE tech and synthetic fuel/hydrogen powered engine that produce less pollution.

Full EV seems to me something socially popular and politicians are capitalizing on it. With what happened with Covid I wouldn't be surprised to see some EV zealots looking at ICE owners with despise all while ignoring that the manufacturing of there new "iPhone car" produces more pollution and waste than a more efficient PHEV car.

[mlover789]

This might actually increase the value of the m3.. People are buying this because this the last gas m3 and last manual.. Like people will pay for that in the future. The joy of driving an gasoline engine is still alive

[DavidXJ]

Originally Posted by RichardGM4

The sale of ICE cars will be phased out in the UK (and EU) over the coming decades, however the sale of used cars will continue way beyond that anyway.

Also, the fuel station companies will still have a demand for petrol and diesel beyond that, due to the need for people to keep running the ICE cars they already own!

I think, if anything, the second hand value of the current range of M cars (M2-M8) will increase if they are kept in good condition because they are probably the last of the petrol-only M cars BMW will ever make. They should become collectables in years to come, when most of the population are running EV cars...

...and on the subject of EV cars, in the UK there is a VERY limited charging infrastructure currently, making it impossible for many motorists to even consider going to EV (myself included as I don't have a private driveway or garage and live in a small village). This will take many years and £billions of investment to roll out the required country-wide infrastructure....and even then, the UK doesn't generate enough power for domestic supply, to anywhere near cover the charging requirements of a UK-wide fleet of EV cars!

I'm also pretty sceptical about the long-term life of EV cars, as the batteries will be VERY expensive to replace when they die and the total environmental impact of the manufacturing and decommissioning process of EV cars has been kept hidden up to now - are they really as environmentally friendly as they're purported to be? I think not.

Hydrogen-powered cars seems more likely to me...which places significant questions over the future of EV cars in my mind.

Couldn't agree more with all of this. The eco-evangelism being pumped out of weekly auto-mags is becoming insufferable here in the UK, because it gives the rather hysterical impression that 'the ban' (as many editors piously call it, in their acquiescence to the government's stunningly overoptimistic targets for a 2030 EV infrastructure) is just around the corner--and therefore that we buyers should already be contemplating EVs. In turn, the rhetoric of EV promotion is subtly (or not so subtly) coercing potential buyers into thinking that ICUs are already prehistoric. But the fact is in a decade's time, the roads here will still be thoroughly well populated with virtually new petrol cars which, in high performance guise, will remain highly desirable for years, even as your average commuter or non-enthusiast will be riding around in something with the sound and charisma of a kitchen appliance. If anything, the extent to which a more sanctimonious portion of the population will consider you a heretic for owning something like a G80 will only increase the car's attraction beyond the middle of the next decade. A future classic in the making, no doubt, with buoyant residuals to match.

[jimbethesda]

Originally Posted by PLF69

I find the whole full EV craze pretty ridiculous, it's like most ppl don't even realize that almost everything they use/consume even cars are transported by boats and trucks that produce way more pollution than our little cars.

Not even talking about planes..

I don't understand why the governments just don't impose better mpg performance like they've been doing for a while, this would lead to a gradual shift to PHEVs, EVs and even development of better ICE tech and synthetic fuel/hydrogen powered engine that produce less pollution.

Full EV seems to me something socially popular and politicians are capitalizing on it. With what happened with Covid I wouldn't be surprised to see some EV zealots looking at ICE owners with despise all while ignoring that the manufacturing of there new "iPhone car" produces more pollution and waste than a more efficient PHEV car.

I sort of agree. Higher MPG mandates, a big NO. Those are some horribly written rules. The more your car/truck weighs, the lower the MPG rule?! That's how they are currently written. Also, you are measuring the wrong thing. It's not MPG, its the use of gas that matters. A Prius driven by someone with an hour commute into the office every day uses more gas than a X5 just used on the weekends.

The easiest, most effective way is with a carbon tax. You could cut income taxes so that the net $ paid to the government is the same. Then, let the market decide. Maybe electric, maybe a technological leap in ICE, maybe more people pick public transportation. Most likely, a combination of all 3.

[NightWriter]

Originally Posted by BMWRacer523

Which cities are planning to ban ICE? All I've heard is ban on the sale of new ICE vehicles. Existing vehicles cannot be banned.

Several cities have already made commitments to banning ICE cars, including Athens, Mexico City, LA, Seattle, London, and Rome. How successful they'll be, and/or whether they end up delaying the actual restrictions (which I suspect they will), remains to be seen...

News story:
https://www.forbes.com/sites/pikeres...ape-in-the-us/

Current status by countries and provinces/states/cities:
https://en.wikipedia.org/wiki/Phase-..._fuel_vehicles

ps: Interestingly, although Rome has committed to banning ICE cars, they've been careful to carve out an exemption for hometown muscle cars from Sant'agata Bolognese and Modena. I'll concede that Rome is a pretty filthy city, and--for a tourist like me at least--erasing all diesel and petrol engines from the background noise except for V10/V12 screamers sounds pretty cool.

[vj123]

I am planning to order a G80 for this same reason.

There might not be able ICE vehicles (all models will be EV or hybrids) for sale by end of this decade but using them is a whole different topic. There are talks about some cities in EU and few very places in US banning usage if ICE vehicles by sometime this decade. I believe its going to take a long time to implement this across all states in US. So I dont think these vehicles will be extinct by 2020 or let alone 2030.

[BMWRacer523]

Originally Posted by NightWriter

Several cities have already made commitments to banning ICE cars, including Athens, Mexico City, LA, Seattle, London, and Rome. How successful they'll be, and/or whether they end up delaying the actual restrictions (which I suspect they will), remains to be seen...

News story:
https://www.forbes.com/sites/pikeres...ape-in-the-us/

Current status by countries and provinces/states/cities:
https://en.wikipedia.org/wiki/Phase-..._fuel_vehicles

First paragraph of your first link reads:

"Beginning in 2016, European countries and cities began to make commitments to ban the future sale of ICE vehicles. "

future sale = NEW vehicles!

[jimbethesda]

Originally Posted by BMWRacer523

First paragraph of your first link reads:

"Beginning in 2016, European countries and cities began to make commitments to ban the future sale of ICE vehicles. "

future sale = NEW vehicles!

Keep reading. 1st paragraph, LOL. Twitter has destroyed our attention span. I'll help you out. It also says:

Several cities within Europe have announced similar bans on ICE vehicles, including Rome and Milan, which ban ICE vehicles from entering certain parts of the city.

[PVC]

Once manufacturers stop making ICE cars, you could say they're dead. G80 is the last M car and the future is more like i4 M50. A lot of us lease our cars, and we will be pushed in that direction.

[MTM3]

Hence why I bought the last ICE M3 6MT - the last of the Mohicans.
The next one, if not full EV, will be some ghey 4 cylinder hybrid fru fru with a plastic vase and a daisy in it. Yeah blah blah it'll be 0-60 in 1.1 seconds but you will be in trunk sleeping while it's doing that.

I'm starting to think Demolition Man was not a movie but a prophecy. Pretty soon we will stop driving normal cars, use genderless bathrooms and wipe our asses with shells. Sex will be done via VR in combination with genital vibrator. And you'll get a ticket if you say shit and fuck out loud.

I'm sure it depends on the area of the world and country but where I am there's a distinct divide between us and them regarding ICE and electrical toaster ovens. Let's just say I can't see anyone who drives EV's I would want to be friends with and the feeling is mutual I'm sure