01-22-2024, 02:41 PM | #1 |
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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. |
01-22-2024, 02:54 PM | #2 |
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Cars depreciate. Go buy a 10 year old Dodge if you're worried about it.
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01-22-2024, 02:58 PM | #3 |
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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.
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01-22-2024, 03:00 PM | #4 |
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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
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Day Laborer1746.00 |
01-22-2024, 03:10 PM | #5 |
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01-22-2024, 03:12 PM | #7 | |
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01-22-2024, 03:15 PM | #8 |
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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
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01-22-2024, 03:23 PM | #9 |
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01-22-2024, 03:50 PM | #10 |
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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. |
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Day Laborer1746.00 Lupeskew593.50 |
01-25-2024, 12:47 PM | #11 |
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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.
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