So I reviewed the following thread on M3's used from the e90/e92/e93
http://www.m3post.com/forums/showthr...366319&page=32
If you start looking around page 30 of the 104 page thread you are in the range of mid to late 2011 (3 year old 2008 sales) you can see that prices were low 40k and at the end of the year people were even touching high 30k range in some sales... This is the year where lease returns start coming back in. My guess is we see a huge drop in resale over the next 6-12 months as inventories rise... Take a look at that thread and read up on some of the deals people were getting. This gives you a guess as to where 2015 prices may be headed by year end.