What’s going on with GTS prices?

[SunnyD]

Originally Posted by CanAutM3

As I posted earlier in this thread, I think this will lead BMW to re-think importing limited high-end versions of ///M cars in the US.

They had the same struggle with even the base E36 M3 in the '90s, where it was not imported at first because BMW figured the American market was not willing to pay for such a car. They only offered a toned downed cheaper version of the E36 M3 in the US later on in the life cycle.

I agree. Much like the e46 m3 csl and the e92 m3 GTS, bmw may choose to not bring their hardcore M variants over to the states in the future. Sad, because the GTS is the best M car I've ever owned, and I've had quite a few over the years.

[hellrotm]

Originally Posted by CanAutM3

As I posted earlier in this thread, I think this will lead BMW to re-think importing limited high-end versions of ///M cars in the US.

They had the same struggle with even the base E36 M3 in the '90s, where it was not imported at first because BMW figured the American market was not willing to pay for such a car. They only offered a toned downed cheaper version of the E36 M3 in the US later on in the life cycle.

This was addressed early in this thread, late last year when someone was claiming they were selling for over msrp in Europe. It isn't just the US market.

There are two listed on UK eBay for under original UK msrp of £122k. One with a 10k discount at £111k.

There are eight listed on German eBay, all but one listed under original Germany msrp of 142,600 EUR. Two of them listed barely over 90k EUR.

Other markets got less cars and their prices are low too.

Look at Germany’s GTS market for example. Literally 10% of Germany's entire allocations are for sale on German eBay. 8 of 80 allocations. Two of which are listed for just over 90k EUR and not selling. That is a 36% depreciation hit(142,600 EUR msrp). Both cars only have about 750 miles on them. UK market is similar with only 30 allocations.

[jpdchicago]

That was addressed by a troll. I am in France right now as I am writing this. Two well known magazines are listing M4 gts at over €175,000 and the website leparking.fr lists all M4 gts offerings over the world by country from €75,000 in the US (43 of them) with prices identical to what you can find on cars.com converted in dollars. Prices go up to over €225,000 in Germany among others. None are at less than €150,000 in Germany (13 total).
I had given up on that conversation but seeing the real prices here made decide to comment.
Market for M4 gts is crap in the US (I will give you that) but high in Europe. Just a reality.
Now I am done again writing here. Check for yourselves...

[P1]

Don't confuse asking price with what they'll eventually actually sell for. French market is completely different: very strict tuning laws. Essentially, if you want it sporty, you'll buy it like that.

Here in the US, you just buy an M3/M4 and make your own crazy variant.

[M4 GTS]

Sold my F80 few months a go and was looking for Porsche GT4, but i might look in to the GTS now.Saw one for 98K with 632 miles on it. What do you guys think. Thanks

[Darth One]

Originally Posted by M4 GTS

Sold my F80 few months a go and was looking for Porsche GT4, but i might look in to the GTS now.Saw one for 98K with 632 miles on it. What do you guys think. Thanks

Well, I thought it was worth 98k because that's what I paid for it. I have a GT4 as well, so if you have specific questions, let me know.

The GTS is faster and more brutish, the GT4 more surgical. I most likely would not have sold the GT4 for the GTS, but luckily I am in a position to own both

[M4 GTS]

Originally Posted by Darth One

Well, I thought it was worth 98k because that's what I paid for it. I have a GT4 as well, so if you have specific questions, let me know.

The GTS is faster and more brutish, the GT4 more surgical. I most likely would not have sold the GT4 for the GTS, but luckily I am in a position to own both

That's what I was thinking too. I didn't drive GTS, but I really liked handling of the GT4 . Steering was superb too. Maybe little more power would of be nice but it was fast enough for me considering how light the car feels. I'm jealous you have both cars LOL!

[Ckray]

Originally Posted by suprajjang

There is a used one for sale near me at a dealership listed for $115k. Its been listed for sale for a while now and price has dropped significantly since the last time i took a look at it. Mileage is also listed under 100 miles. Might be a good indicator for how much your friend could possibly get. If this interests anybody, PM me and ill forward you contact info for the CA @ the dealership!

Originally Posted by suprajjang

There is a used one for sale near me at a dealership listed for $115k. Its been listed for sale for a while now and price has dropped significantly since the last time i took a look at it. Mileage is also listed under 100 miles. Might be a good indicator for how much your friend could possibly get. If this interests anybody, PM me and ill forward you contact info for the CA @ the dealership!

Hi I'm selling my m4 gts 500 miles any interest

[RandyC54]

Originally Posted by Ckray

Hi I'm selling my m4 gts 500 miles any interest

Since this thread is mostly current owners, it's probably not the best place to look for buyers. The market for this car is getting stronger, especially if it's not a white car.

[BMW9]

Originally Posted by Ckray

Hi I'm selling my m4 gts 500 miles any interest

I am currently looking to possibly buy a GTS but With so few GTSs made, I am concerned why there are so many for sale. Is there a problem or is this normal? I want to pull the trigger on one and at these reduced prices it seams like a great opportunity but when I see so many for sale, I get nervous. In comparison, (I don't know how many black series C63s were made) but you don't see that many of them for sale. Why is the GTS marked soft right now? And why are new owners selling them. I know It is a great car and I would love to have one.

[SunnyD]

Originally Posted by BMW9

I am currently looking to possibly buy a GTS but With so few GTSs made, I am concerned why there are so many for sale. Is there a problem or is this normal? I want to pull the trigger on one and at these reduced prices it seams like a great opportunity but when I see so many for sale, I get nervous. In comparison, (I don't know how many black series C63s were made) but you don't see that many of them for sale. Why is the GTS marked soft right now? And why are new owners selling them. I know It is a great car and I would love to have one.

First, there aren't many people willing to pay $130K for a BMW M4; most are going to go with a Porsche GT car for the same money. Secondly, most people probably don't want an M car that is way more impractical to use as a daily driver than its brethren (no back seats, very stiff suspension, etc.). If they wanted something that impractical, they would go back to point #1.

[BMW9]

Originally Posted by SunnyD

First, there aren't many people willing to pay $130K for a BMW M4; most are going to go with a Porsche GT car for the same money. Secondly, most people probably don't want an M car that is way more impractical to use as a daily driver than its brethren (no back seats, very stiff suspension, etc.). If they wanted something that impractical, they would go back to the point #1.

I agree and at $130k I wasn't interested either. But now that prices are around 105-110k why does it seam like interest has not picked up? Maybe This is a bad comparison because it's an older car and has been on the market longer, but, they made about 800 Black series C63s. Those cars rarely come up for sale. It too has a hard ride but it does have back seats. Am I comparing apples to oranges?

[robbys3m3]

Originally Posted by BMW9

I agree and at $130k I wasn't interested either. But now that prices are around 105-110k why does it seam like interest has not picked up? Maybe This is a bad comparison because it's an older car and has been on the market longer, but, they made about 800 Black series C63s. Those cars rarely come up for sale. It too has a hard ride but it does have back seats. Am I comparing apples to oranges?

I had a C63 BS for a while and fwiw, I much prefer the drive of the GTS (I do miss the look of the BS though. I bought and sold mine a few years back at a time where they too had dropped a bunch in value and wondered why also...I think a lot of the same turn-offs with the GTS apply to the BS also (which some also didn't have back seats...mine did though)...it was a niche car and new was competing with the Porsche stuff. Now a few years later they haven't dropped much from when I sold mine. I could see a similar scenario with where the market is with the GTS now....speculators and people that don't love it are unloading the cars and maybe the people that do appreciate it will keep them longer term.

[BMW9]

Originally Posted by robbys3m3

I had a C63 BS for a while and fwiw, I much prefer the drive of the GTS (I do miss the look of the BS though. I bought and sold mine a few years back at a time where they too had dropped a bunch in value and wondered why also...I think a lot of the same turn-offs with the GTS apply to the BS also (which some also didn't have back seats...mine did though)...it was a niche car and new was competing with the Porsche stuff. Now a few years later they haven't dropped much from when I sold mine. I could see a similar scenario with where the market is with the GTS now....speculators and people that don't love it are unloading the cars and maybe the people that do appreciate it will keep them longer term.

It makes sense.

[Darth One]

Well, after owning mine for almost a month now, i have to say i get the softness of demand even less.

The car is now basically a $100-110k car new or near-new. A similarly equipped M4 with comp pkg and CCB is, what - $90k? So it's another $10-20k for the exclusivity, the aero parts, the water injection/added power, and the coil over suspension. If those have value to you, then it sounds like an ok deal, not even counting the exclusivity, which I'd have a hard time assigning the value to!

My other theory is that you have a whole bunch of sheep that hear Clarkson and Harris bash it, and immediately write it off. And maybe they're right that it's no competition for an AMG GTR or GT3/RS, but at this price point it only has to be better than something like a C63S.

Finally, the other argument i hear is that it's no Porsche GT car. Ok, but i have a GT3 and GT4 in the garage and I still find myself driving the wheels off this thing. I'm not ready to say it's better than the other two cars, but at least it deserves consideration. And would you pay $20k over sticker for a slightly used 991.2 GT3, or $35k under sticker for a slightly used M4 GTS?

[RandyC54]

Most of the inventory is flippers that got caught. Used car buyers are in love with these cars, and the future inventory is going to be much tighter - it actually already is. A year ago, there were about 80 of these cars on autotrader, and now it's under 50. Pat snapped his up about 6 weeks ago and has already torn up VIR with it.

[Day Laborer]

Originally Posted by RandyC54

Most of the inventory is flippers that got caught. Used car buyers are in love with these cars, and the future inventory is going to be much tighter - it actually already is. A year ago, there were about 80 of these cars on autotrader, and now it's under 50. Pat snapped his up about 6 weeks ago and has already torn up VIR with it.

Currently 34 used and 13 new M4 GTS on autotrader.

Last week there was 17 new. Spring coming around is helping sales

[///M4ster Yoda]

Isn't this car 2-3 years old? And there is still new ones available here in the US. It's a great car at 100k or less not so much at 130-140K. BMW screwed up the pricing on this one and are going to do the same on the upcoming CS.

[VCP]

They screwed up on sending so many to unappreciative parts of the world.

Originally Posted by ///M4ster Yoda

Isn't this car 2-3 years old? And there is still new ones available here in the US. It's a great car at 100k or less not so much at 130-140K. BMW screwed up the pricing on this one and are going to do the same on the upcoming CS.

[///M4ster Yoda]

Originally Posted by VCP

They screwed up on sending so many to unappreciative parts of the world.

Agreed. They shouldn't have sent those extra cars to the US.

[minn19]

Originally Posted by VCP

They screwed up on sending so many to unappreciative parts of the world.

All I can do is at this.

[BMW9]

Originally Posted by VCP

They screwed up on sending so many to unappreciative parts of the world.

The club sports are coming out soon. Although the CS is not a GTS, It will close the gap between GTS and base M4 even more. I think the CS may dilute the GTS market slightly more.
I've never been so nervous about pulling the trigger on a great car (GTS).