Quote:
Originally Posted by MojorisinM3
I use this logic to have bought many M cars and 911's over the years. Dont buy these cars new. But 1.5 to 2 years old, 20k miles. My target has always been about $500 a month for an M3, M5, and M6. I've done it many times.
A few times I've been close to $0. Example: I bought an 06 M5 for $31k, sold it 18 months later for $35k. 01 M3 for $34k, sold it for $32k 18 months later.
People always think I'm an idiot and losing a ton of $$$ swapping cars out. Little do they know I'm spending less on M cars than a Camry lease ha ha
Always make sure you have some type of warranty
Color combo is key to resale.
OP: your logic is sound. But dont just go for the cheapest one possible, these cars will have good resale. Spend a few more $$$, get something nice, and you will get more when you sell it too.
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I’ve bought a lot of used cars, but you did real good.