Autotalent
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

Go Back   BMW M3 and BMW M4 Forum > BMW F80 M3 / F82 M4 Forum > BMW M3 (F80) and BMW M4 (F82) General Forum

Post Reply
 
Thread Tools Search this Thread
      11-26-2017, 09:28 AM   #1
Indiana Jones
Private
20
Rep
93
Posts

Drives: Panigale 1299
Join Date: Dec 2012
Location: Miami, Fl

iTrader: (0)

Gauging the current and future used M3 market

Any drop offs in price anticipated etc. (abundance of leases being turned in/body change) or is now the right time to buy a lightly used M3? Seems that a ~30k mile M3 can be had around the 43k mark now, which seems like a good price to me, but I honestly don't know too much about the segment. I tend to switch cars out with some frequency so resale matters a bit, but I am realistic too. With that being said, I ask:

Where do you see the M3's values within the next 3-12 months?

(Short story long is that I was in the market for a preowned 911TT, but I think that a sedan is the better move for me at this point. This lead me to the M3 or M5. My brother-in-law just traded out of his M5 Comp recently, and while I loved the car, I think the M3 may bridge the gap a bit more from the 911TT (weight/size). Heart is with 911TT due to reliability and lack of depreciation which is why I asked what you guys think the market will look like soon.)
Appreciate 1
      11-26-2017, 09:48 AM   #2
status38
Second Lieutenant
United_States
47
Rep
287
Posts

Drives: E92 M3
Join Date: Jan 2008
Location: FL

iTrader: (0)

If you're that worried about depreciation, why not lease? With the holiday credit, now is a great time to get a low monthly payment lease.

If you plan on keeping it, then I wouldn't worry too much about depreciation. It's inevitable.
__________________
2011 Le Mans Blue E92 M3 - My ED
Appreciate 0
      11-26-2017, 10:15 AM   #3
RickFLM4
Brigadier General
RickFLM4's Avatar
United_States
10884
Rep
4,816
Posts

Drives: M4
Join Date: Jul 2015
Location: PB County, FL

iTrader: (0)

Too many variables... MY, mileage, condition, options, dealer vs. private party, CPO, etc. $43K now seems a bit buyer optimistic to me.
__________________
Current: 2018 SO/SS F83 ZCP
Gone: 2015 SO/SO F82
Appreciate 0
      11-26-2017, 11:11 AM   #4
Aaaaaaaaa
Banned
No_Country
7559
Rep
5,056
Posts

Drives: The other M3
Join Date: Oct 2014
Location: So Cal

iTrader: (0)

Just lease. 3 years you walk away with clean hands and lighter wallet.
Appreciate 2
      11-26-2017, 01:17 PM   #5
Indiana Jones
Private
20
Rep
93
Posts

Drives: Panigale 1299
Join Date: Dec 2012
Location: Miami, Fl

iTrader: (0)

Lets just assume I get an M3 for $45k...with around 20k miles on it.
In three years the condition is good and miles are around 40k. My thoughts are the car would fetch 30-35k, in which case I'm out $275-500 per month. If I were to lease, there is no chance of getting anywhere near that price per month. I will be buying the car outright at the time of purchase, so if it does take a hit to carfax for whatever reason there is a depreciation risk. To clarify, I am not looking at this as an investment, but would like to go about it in an informed way.

The point of the thread was to gauge what you guys think will happen with the market in next say 3-12 months. I don't think prices will drop much, but I read somewhere that the end of production, announcement of new M, and lease returns may bring prices down in the near future. No clue if any of that is true or false, or if it will seriously impact pre-owned prices moving forward.
Appreciate 0
      11-26-2017, 01:59 PM   #6
alex2364
Colonel
alex2364's Avatar
2847
Rep
2,740
Posts

Drives: 2020 M4 ZCP / 2023 X3 M40i
Join Date: May 2005
Location: Northern VA

iTrader: (2)

Garage List
2020 BMW M4  [10.00]
2023 BMW X3 M40i  [10.00]
2018 is the last year for current gen M3. New gen M3 will come out around 2020-2021 time frame. As far as how that will affect resale value, no ones for sure.
Appreciate 0
      11-26-2017, 04:13 PM   #7
Fast4d
Captain
267
Rep
885
Posts

Drives: 325
Join Date: Jan 2012
Location: So cal

iTrader: (0)

M3 30k miles for $45k?

let's see it.
Appreciate 0
      11-26-2017, 04:24 PM   #8
allinon72
Brigadier General
allinon72's Avatar
United_States
4892
Rep
3,783
Posts

Drives: 20' M2C, 23' X1
Join Date: May 2017
Location: Indianapolis, IN

iTrader: (2)

Quote:
Originally Posted by Fast4d View Post
M3 30k miles for $45k?

let's see it.
They only get that low with low options and or dirty Carfax. Low 50s is more realistic.
Appreciate 0
      11-26-2017, 04:31 PM   #9
M3NDOZA
Enlisted Member
28
Rep
36
Posts

Drives: 2015 M3
Join Date: Sep 2017
Location: So Cal

iTrader: (0)

I think he probably meant $53 mark.... only ones I've seen for low $40 are salvage titled.
Appreciate 0
      11-26-2017, 04:56 PM   #10
Aaaaaaaaa
Banned
No_Country
7559
Rep
5,056
Posts

Drives: The other M3
Join Date: Oct 2014
Location: So Cal

iTrader: (0)

Or that one with swapped out F30 seats lol
Appreciate 0
      11-26-2017, 05:01 PM   #11
Indiana Jones
Private
20
Rep
93
Posts

Drives: Panigale 1299
Join Date: Dec 2012
Location: Miami, Fl

iTrader: (0)

Not looking for a loaded car, all clean title options below...surely one can be had for 45k. Reason I say 45k is because one just popped up at a local toyota dealer near me for 46k with 10k miles on it, with a clean title.

https://www.bmwwest.com/used/BMW/201...a890a92b62.htm

https://www.bmwwest.com/used/BMW/201...2b4e948729.htm

http://www.peakkia.com/auto/used-2015-bmw-m3/21266490/
Appreciate 0
      11-26-2017, 05:09 PM   #12
M3NDOZA
Enlisted Member
28
Rep
36
Posts

Drives: 2015 M3
Join Date: Sep 2017
Location: So Cal

iTrader: (0)

Houston huh. Would flood damaged vehicles even be reported damaged when they get sold? And show up on CARFAX?
Appreciate 1
      11-26-2017, 05:31 PM   #13
spuntyb
Brigadier General
spuntyb's Avatar
United_States
4052
Rep
4,977
Posts

Drives: 2019 F90 Competition
Join Date: Aug 2013
Location: USA

iTrader: (0)

Your long-term (3 years) assumptions are very optimistic. Lightly optioned M3s in general aren't likely to hold value particularly well, compared to well optioned versions. I think the F80 in general holds decent value, but using it as a long-term investment may not be wise. You know your finances better than me, so do what works for you, but 3 years is a long time in the auto buying world. I basically flipped a car in my last year of med school, but this was a Hyundai and I had it like 8 months.

Also, I would wonder the same as above about Houston area cars right now.
__________________
<b>2023 M5C SRG|Aragon || 2018 Macan GTS</b>

2019 F90 Comp MBB|Black (sold)
2018 F80 ZCP TB|SS (sold)
2015 F30 335 AW|CR (sold)
2015 F31 MG|CR (sold)
2011 E90 JB|Oyster (sold)
Appreciate 0
      11-26-2017, 05:32 PM   #14
allinon72
Brigadier General
allinon72's Avatar
United_States
4892
Rep
3,783
Posts

Drives: 20' M2C, 23' X1
Join Date: May 2017
Location: Indianapolis, IN

iTrader: (2)

Those cars are priced well. The first 2 manuals are priced to move, manuals sit on the lots for quite a while.
Appreciate 0
      11-26-2017, 05:40 PM   #15
G35POPPEDMYCHERRY
Banned
G35POPPEDMYCHERRY's Avatar
No_Country
4992
Rep
4,139
Posts

Drives: F80
Join Date: Dec 2015
Location: Philadelphia

iTrader: (1)

the color combos on the first two and def the reason for the low price. and espec a stick with that combo. but if u dont care, good for you

THAT white one at kia looks wrecked. the interior looks like it was buffed with a mr clean eraser
Appreciate 0
      11-26-2017, 05:59 PM   #16
Indiana Jones
Private
20
Rep
93
Posts

Drives: Panigale 1299
Join Date: Dec 2012
Location: Miami, Fl

iTrader: (0)

Good eye...Houston cars are out! I may hold the car for 2 years and not 3, but I will keep it longer than 1 year for sure. Prefer DCT over manual as Miami traffic is no fun. Either way 45-50k I can find something nice. I am not one for options, I usually prefer strippers, never use any features such as gps, etc. I like smaller wheels with bigger tires, hardtops, I even like cloth. I do like a good sound system though!
Appreciate 0
      11-26-2017, 06:02 PM   #17
RobbyMack
Captain
RobbyMack's Avatar
739
Rep
696
Posts

Drives: '16 F80 Sakhir
Join Date: May 2014
Location: The Left Coast

iTrader: (0)

Colors on first two are crappy IMHO and it also looks like their only options are extended leather and 19in wheels. That plus the MT they've probably been sitting for a while. So if you like them and there is no flood damage might be good options. The third id check to see if it was ever titled out of NJ. The ccbs and a few m performance parts are usually a clue to this being a possible performance center vehicle. Also replacement costs on the ccbs are stupid expensive.
Appreciate 0
      11-26-2017, 07:17 PM   #18
Crazykoh
First Lieutenant
Crazykoh's Avatar
United_States
92
Rep
306
Posts

Drives: 2018 M3 Mineral White
Join Date: Dec 2011
Location: NC

iTrader: (0)

Garage List
2018 BMW  [0.00]
Quote:
Originally Posted by RobbyMack View Post
Colors on first two are crappy IMHO and it also looks like their only options are extended leather and 19in wheels. That plus the MT they've probably been sitting for a while. So if you like them and there is no flood damage might be good options. The third id check to see if it was ever titled out of NJ. The ccbs and a few m performance parts are usually a clue to this being a possible performance center vehicle. Also replacement costs on the ccbs are stupid expensive.
Third one has a moonroof, though. I don't think they put those on performance center M3s, but I have no concrete source for that. That being said, shouldn't the moonroof double the value?
__________________
2018 F80 M3, Mineral White, Full Sakhir Orange, ZCP
2015 F15 X5 35i, Mineral Silver, Terra Dakota (Retired)
2012 E89 Z4 35i, Deep Sea Blue, Walnut Kansas (Retired)
Appreciate 1
RobbyMack738.50
      11-26-2017, 07:28 PM   #19
Aaaaaaaaa
Banned
No_Country
7559
Rep
5,056
Posts

Drives: The other M3
Join Date: Oct 2014
Location: So Cal

iTrader: (0)

Moonroof+DCT+steel drive shaft = perfection
Appreciate 2
GrussGott18113.00
      11-26-2017, 08:03 PM   #20
Indiana Jones
Private
20
Rep
93
Posts

Drives: Panigale 1299
Join Date: Dec 2012
Location: Miami, Fl

iTrader: (0)

Quote:
Originally Posted by RobbyMack View Post
Colors on first two are crappy IMHO and it also looks like their only options are extended leather and 19in wheels. That plus the MT they've probably been sitting for a while. So if you like them and there is no flood damage might be good options. The third id check to see if it was ever titled out of NJ. The ccbs and a few m performance parts are usually a clue to this being a possible performance center vehicle. Also replacement costs on the ccbs are stupid expensive.
Houston cars really are out...and I don't like the color combos either! I'm not in a rush, so I may wait for something local to pop instead of shopping out of state, although I am sure my wife wouldn't mind another trip to put eyes on that last car I posted!

How would I be able to find out if that car was ever a performance center vehicle, as it is currently at a Kia dealership? Would BMW release that info with a vin?
Appreciate 0
      11-26-2017, 08:21 PM   #21
Arcades
In The Rain
Arcades's Avatar
8137
Rep
6,240
Posts

Drives: '24 GT4RS, '24 Macan GTS
Join Date: Mar 2015
Location: SoCal

iTrader: (1)

Garage List
Few advice OP, never worry/think about resale. Not only would it hurt your head, you will never be happy with the car if you constantly think 10 steps ahead before you take even one.

Second, there are a few threads on this already about M School cars. The car will have a history of being obtained in New Jersey. The M car would generally be around 5k in mileage. It would also have CCBs most definitely. Having those three, especially a M car from New Jersey w/ 5k or close in mileage is a flag that the car is from M School.
__________________
'24 Porsche Cayman GT4RS Arctic Grey "Alice"
'24 Porsche Macan GTS Dolomite Silver "Gina"
Appreciate 0
      11-26-2017, 08:31 PM   #22
Indiana Jones
Private
20
Rep
93
Posts

Drives: Panigale 1299
Join Date: Dec 2012
Location: Miami, Fl

iTrader: (0)

Another one at that price point...time to start looking. I drove a friends M4 a while back and I remember liking it, but haven't had a chance to drive an M3. If memory serves me correct, the car braked very well, and moved pretty well too! Only complaint I recall was that it was a little too "electronic" which is a good and bad thing, depending on my mood. Time to get some seat time this week, hopefully. At a glance, it's a ton of car for the price, and the E92/E90's have held up pretty well so far as resale, after their initial hit.

https://www.autotrader.com/cars-for-...&modelCode1=M3
Appreciate 0
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 02:21 AM.




f80post
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