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Originally Posted by bimmernutt
New guy here in the market for a used M4 or M2. With used prices being higher due to COVID-induced short supply, would you say the guides to determine value (NADA, KBB, etc) reflect the higher prices as well or do they still show the pre-COVID values?
For instance, I found a 2017 M4 6MT, 27k miles with Comp, Exec and Driver Assistance Plus packages, carbonstructure interior, and a few carbon bits. Three owners and minor accident on Carfax. Listed for $53k. Both NADA and KBB value a few thousand less. I am interested, but even $50k seems high for a car with MSRP at $79k.
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There isnt a short supply just inflated prices. Short supply was on new cars. Frankly after going to a bunch of dealers recently I think the supply problem is gone and they are milking it.
My local dealer has 5 M340i and 8 X3 M40s on lot.