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      03-20-2017, 03:34 PM   #1
DenverF10M5
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M3/M4 Auction Values

Here are updated auction values from Manheim. These numbers are straight from Manheim. I did not come up with any of these myself.

F80 M3

2015

Historical Average:

Past 30 Days
$55,400

6 Months Ago
$57,400

Last Year
$64,700

Projected Average:

Next Month
$55,300


2016

Historical Average:

Past 30 Days
$60,500

6 Months Ago
$64,900

Projected Average:

Next Month
$61,400



F82 M4


2015

Historical Average:

Past 30 Days
$50,600

6 Months Ago
$55,300

Last Year
$62,900

Projected Average:

Next Month
$50,100


2016

Historical Average:

Past 30 Days
$60,700

6 Months Ago
$57,000

Last Year
$68,000

Projected Average

Next Month
$60,300
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      03-20-2017, 03:35 PM   #2
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Wow this is interesting so values going up?
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      03-20-2017, 03:41 PM   #3
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Quote:
Originally Posted by YASBBYM3 View Post
Wow this is interesting so values going up?
I wouldn't give much thought to their projected average figures. I'm not sure what they use to come up with those numbers, as we all know the values aren't going up.
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      03-20-2017, 03:49 PM   #4
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Quote:
Originally Posted by YASBBYM3 View Post
Wow this is interesting so values going up?
Where are you seeing that ?

I see the opposite...
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      03-20-2017, 03:50 PM   #5
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You have no miles or options listed and the market your in will depend on what the car brings at the auction. Automotive Finance Manager here

We recently took in a 2016 M3 black saphire metallic with 9,049 miles. Car was a 6MT with drivers assistance package, M adaptive suspension, MSRP was 72,600 we gave him 56,000 for it. He was a manager at the store so he got the most he could from the trade in.
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      03-20-2017, 03:54 PM   #6
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Quote:
Originally Posted by MLAW702 View Post
You have no miles or options listed and the market your in will depend on what the car brings at the auction. Automotive Finance Manager here
I can search by market through Manheim if you'd like, but putting all that information in this thread would take awhile. Market location isn't relevant in the age of internet car buying. I can buy a car 2,000 miles away online and have it shipped, or pick the car up. Also there is no way to search by options on each car, but they do list average mileage for each figure I gave. These figures are all averages and not necessarily what you should expect every car to bring at aution.
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      03-20-2017, 03:59 PM   #7
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Quote:
Originally Posted by DenverF10M5 View Post
I can search by market through Manheim if you'd like, but putting all that information in this thread would take awhile. Market location isn't relevant in the age of internet car buying. I can buy a car 2,000 miles away online and have it shipped, or pick the car up. Also there is no way to search by options on each car, but they do list average mileage for each figure I gave. These figures are all averages and not necessarily what you should expect every car to bring at aution.
I disagree with you on that. The market you are in will without a doubt dictate the cars value at the auction. If we go to the auction and see a few m3' or m4 some dealers are wiling to pay above wholesale because at the end of the day they still make money.
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      03-20-2017, 04:01 PM   #8
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Quote:
Originally Posted by MLAW702 View Post
You have no miles or options listed and the market your in will depend on what the car brings at the auction. Automotive Finance Manager here

We recently took in a 2016 M3 black saphire metallic with 9,049 miles. Car was a 6MT with drivers assistance package, M adaptive suspension, MSRP was 72,600 we gave him 56,000 for it. He was a manager at the store so he got the most he could from the trade in.
Inputing the information into Manheim, a 2016 M3 in black with 9,049 miles has an adjusted MMR of $61,100. This figure can fluctuate based upon your location. Manheim doesn't adjust their MMR based upon options. The MMR range of this car is $58,500-$64,400. Since February 8th, there have been 7 auctions for the 2016 M3. The actual range was of the final auction prices was $58,000-$71,000.

A 2016 M3 in black with the 6MT and 9,327 miles sold for $58,000 at auction in Nevada on 2/24/17.
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      03-20-2017, 04:02 PM   #9
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Quote:
Originally Posted by MLAW702 View Post
I disagree with you on that. The market you are in will without a doubt dictate the cars value at the auction. If we go to the auction and see a few m3' or m4 some dealers are wiling to pay above wholesale because at the end of the day they still make money.
It will not dictate a car's value at auction because these auctions have buyers from around the country bidding online. It's an overall market value that is not based upon the location of the vehicle.
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      03-20-2017, 04:03 PM   #10
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Quote:
Originally Posted by DenverF10M5 View Post
Inputing the information into Manheim, a 2016 M3 in black with 9,049 miles has an adjusted MMR of $61,100. This figure can fluctuate based upon your location. Manheim doesn't adjust their MMR based upon options. The MMR range of this car is $58,500-$64,400. Since February 8th, there have been 7 auctions for the 2016 M3. The actual range was of the final auction prices was $58,000-$71,000.

A 2016 M3 in black with the 6MT and 9,327 miles sold for $58,000 at auction in Nevada on 2/24/17.
that is the one we sent to auction we put 56k into and and made 2k at the auction the buy bid from BMW was too low
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      03-20-2017, 04:07 PM   #11
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Quote:
Originally Posted by DenverF10M5 View Post
It will not dictate a car's value at auction because these auctions have buyers from around the country bidding online. It's an overall market value that is not based upon the location of the vehicle.

Im very familiar with Manheim
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      03-20-2017, 04:07 PM   #12
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Originally Posted by MLAW702 View Post
Im very familiar with Manheim
Likewise
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      03-20-2017, 04:58 PM   #13
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Quote:
Originally Posted by CanAutM3 View Post
Where are you seeing that ?

I see the opposite...
He must be looking at 2016 M3 projected avg. vs. past 6 mos.?
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      03-21-2017, 01:17 AM   #14
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Quote:
Originally Posted by DenverF10M5 View Post
I can search by market through Manheim if you'd like, but putting all that information in this thread would take awhile. Market location isn't relevant in the age of internet car buying. I can buy a car 2,000 miles away online and have it shipped, or pick the car up.

That's Bullshit.

If it were true, BMWFS would not be shipping cars in the NE to Manheim locations in the SE or SoCal to go on the auction block.

And then you totally contradict yourself in your very next post...

Quote:
Originally Posted by DenverF10M5 View Post
Inputing the information into Manheim, a 2016 M3 in black with 9,049 miles has an adjusted MMR of $61,100. This figure can fluctuate based upon your location. Manheim doesn't adjust their MMR based upon options. The MMR range of this car is $58,500-$64,400. Since February 8th, there have been 7 auctions for the 2016 M3. The actual range was of the final auction prices was $58,000-$71,000.

A 2016 M3 in black with the 6MT and 9,327 miles sold for $58,000 at auction in Nevada on 2/24/17.

Last edited by Kabrich; 03-21-2017 at 01:24 AM..
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      03-21-2017, 04:18 AM   #15
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Quote:
Originally Posted by Kabrich View Post
That's Bullshit.

If it were true, BMWFS would not be shipping cars in the NE to Manheim locations in the SE or SoCal to go on the auction block.

And then you totally contradict yourself in your very next post...
BMWFS has cars located in every region throughout the US. In all seriousness, the market location doesn't dictate how much a car will sell for. There are more online bidders on these cars than there are in-person buyers. My figures are averages. So of course some cars sell for more, but history has shown it isn't relative to location. Do you have access to Manheim? If so, look for yourself. Otherwise, don't speak on things you know nothing of. You M3 owners sure do get your feelings hurt easily. I'm glad I have an M6.
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      03-21-2017, 04:23 AM   #16
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Oh, and the MMR can fluctuate based upon location. Manheim recently released a new MMR calculator that factors in the location of the vehicle, but the location has not reflected on the actual auction prices. If you're going to say I contradicted myself then at least read my entire post. I'm clearly referring to two different aspects of pricing.
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      03-21-2017, 05:17 AM   #17
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Great info - thank you!

For context, auto auctions are typically the lowest price a car will reliably sell for. People buy at auctions because they WONT find it lower elsewhere and could possibly sell it for more.

Recent year Auction cars are usually not worthwhile to CPO for some reason, which should give you pause as well when considering valuations.

If anything, this supports a pretty strong residual value for 2015s.
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      03-21-2017, 05:18 AM   #18
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Quote:
Originally Posted by MLAW702 View Post
You have no miles or options listed and the market your in will depend on what the car brings at the auction. Automotive Finance Manager here

We recently took in a 2016 M3 black saphire metallic with 9,049 miles. Car was a 6MT with drivers assistance package, M adaptive suspension, MSRP was 72,600 we gave him 56,000 for it. He was a manager at the store so he got the most he could from the trade in.
Sounds reasonable. His car invoiced at probably $67k brand new (not including dealer mark-up at invoice) and you auctioned it for $58k, so it lost $9k in a year/9000 miles. Sounds about right.
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      03-21-2017, 05:51 AM   #19
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Quote:
Originally Posted by JoeFromPA View Post
Great info - thank you!

For context, auto auctions are typically the lowest price a car will reliably sell for. People buy at auctions because they WONT find it lower elsewhere and could possibly sell it for more.

Recent year Auction cars are usually not worthwhile to CPO for some reason, which should give you pause as well when considering valuations.

If anything, this supports a pretty strong residual value for 2015s.
I completely agree with everything you said. That's the reason I buy at auction, because I won't find a particular car cheaper anywhere else. I can pay over MMR and still make a profit.

We all know the MMR is a basic auction evaluation and doesn't reflect options or packages on each car, so a true valuation needs to happen on a case-by-case basis. Some of these cars are selling for $70k+ at auction, while the MMR might state $60k.
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      03-21-2017, 06:36 AM   #20
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Quote:
Originally Posted by DenverF10M5 View Post
I completely agree with everything you said. That's the reason I buy at auction, because I won't find a particular car cheaper anywhere else. I can pay over MMR and still make a profit.

We all know the MMR is a basic auction evaluation and doesn't reflect options or packages on each car, so a true valuation needs to happen on a case-by-case basis. Some of these cars are selling for $70k+ at auction, while the MMR might state $60k.
Correct, the info the OP provided was extremely helpful because it showed option-agnostic value trends at a macro level. It shouldn't be used to value a specific car.

If anything it says to me my car is still worth at least $50k which Im quite happy about (that would represent a $10k loss in value for me over 2.5 years).
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      03-21-2017, 06:42 AM   #21
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Haha a lot of guys in here *think* they know everything about Manheim. Signed a 7 year Manheim employee.
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      03-21-2017, 08:11 AM   #22
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Haha a lot of guys in here *think* they know everything about Manheim. Signed a 7 year Manheim employee.
I don't think anyone in here has said they know everything about Manheim. This data is directly from Manheim. Prices and market regions.
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