08-22-2019, 10:52 AM | #45 |
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Sorry you are correct! I was under the impression it was 800~ units to NA, actually its worldwide. Cant seem to find a concrete number on NA units but seems like mid 300's.
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08-22-2019, 10:56 AM | #47 |
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It was supposed to be 350 of the 700 for NA initially, but supposedly BMW overproduced based on VIN up to as much as 820ish worldwide including preproduction cars. I've been tracking GTS cars especially NA cars in my database and I'm not anywhere near the so called 350 number. I'll update the group if I ever get there.
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08-22-2019, 10:58 AM | #48 | |
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Past trends of late model BMW's are not on your side though. Like I said.. the last M car to go OVER MSRP has been the 1M and prices have held stable ever since. One can argue the 1M is also a better "pure" M car over an F8X model made. I hope I'm wrong and our cars shoot up in value! But my experience in the industry tells me otherwise. Will it be another Z3 M Coupe? 1M? E30? Who knows! |
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08-22-2019, 11:00 AM | #49 |
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08-22-2019, 11:13 AM | #50 | |
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I’m not sure what BMW says, but I learned long ago not to go off of advertised weights as they rarely come close to real world ones. As said they usually go off dry/base etc. That being said I thought it would be under 3600 pounds since it is a base no option CS. Disappointingly it wasn’t/isn’t. |
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08-22-2019, 11:13 AM | #51 | |
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The GTS is the first track ready car BMW has ever brought over to the US and likely the last (at least for a long time). Just that alone is going to be enough to give it significant appreciation in the future. It's also loved by its owners, many of whom including myself cross shop and have cars such as GT2RS etc. If GTS owners hated their cars, then I could possible see how these cars might continue to tank in value (as it's a niche market) but this just isn't the case. Have you ever met a GTS owner that does not rave about their car? I haven't. BMW did an amazing job with this car, considering they didn't start out with a dedicated platform like the 911. I get that this car is not going to be for everyone hence why BMW only made some ~700 worldwide. |
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08-22-2019, 11:14 AM | #52 |
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08-22-2019, 11:22 AM | #53 | |
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08-22-2019, 11:24 AM | #54 |
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My understanding is that there was initially 700 allocated globally, 300 for North America. A month or two after the initial production run concluded, BMW allocated another 104 VINs to North America and started up production again. My understanding is this run of cars has a different version of iDrive, the only differentiating feature besides VIN.
That's my impression of a month or so of researching the car, reading forum posts, reading auto journals, and watching youtube videos. I imagine at this point, like another poster said, ~15-30 of them have been totalled, probably on the lower side of that range given the extremely low mileage of most samples. This discussion reminds me of cryptocurrency and market speculation forums, nobody can read the future but people still want to argue about appreciation vs depreciation. Go out and burn up some sport cup 2s, the weather is great in North America at least . Went for a short drive yesterday, this car is comical in a light rain. Last edited by Gomeler; 08-22-2019 at 11:30 AM.. |
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08-22-2019, 11:29 AM | #55 | |
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Also, if my M4 CS hits its residual in 3 years I’ll be slight amazed. So I’m under no illusions of my cars value either. |
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08-22-2019, 11:30 AM | #56 | |
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08-22-2019, 11:36 AM | #57 | |
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08-22-2019, 11:42 AM | #58 | |
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Collectors do not worry about paying storage fees. They have their own space whether it's used or just sitting there, as for insurance, unless you have a lien/loan and are required to carry full coverage, insurance is VERY cheap without collision. You can't just look at individual components when assessing a car's value. You have to look at the sum of the complete package/picture and as a whole, the GTS is a different car than an M4 no matter how you try to knock it. People have tried to go and buy individual "GTS" components and build but at the end of the day, their car still ends up "feeling", drives and sounds different than a GTS. |
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08-22-2019, 11:48 AM | #59 | |
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08-22-2019, 11:51 AM | #60 | |
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As for the insurance, I highly doubt it is that cheap if it is an expensive collector item, especially a car. And if it is an investment they should be worrying about it as it goes to the bottom line. Look at the cars that go for huge money, they are very very rare and actually do make the speculator/collector money. You can do the math yourself. See what a low mileage example goes for, add that into storage, maintenance, insurance and project what you think it will be worth in x number of years. Most of those cars you meant aren’t making the collectors very much money in the end. Even the 1M, you need to keep it mint, rarely drive it and you make a little bit over what you paid for it. Factor everything else in plus money/dollar devaluation and they probably didn’t make anything. Bottom line, cars are meant to be driven and most aren’t great investment tools. If you are building a museum with a collection for the love of it then good for that person. That’s a different story though as well. |
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08-22-2019, 11:53 AM | #61 | |
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I keep trying to have a good conversation about the collectibily of a car and get "okay make a 10k bet" and apparently the GTS is God's gift to track cars and the CS is a pesant. |
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08-22-2019, 11:55 AM | #62 | |
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08-22-2019, 12:00 PM | #63 | |
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08-22-2019, 12:03 PM | #64 |
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This conversation has gone to shit HA!
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Past: 15 GT3, 17 R8 SC, Two 16 M4 GTS’s, Two 18 GT350R's, Two 13 RS5’s, 13 M3, 10 R8, 15 M4, 09 M3, 04 M3, 09 S5, 02 M3... It all started with an RX-7 (FD). |
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08-22-2019, 12:05 PM | #65 | |
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If the base C8 embarrasses it, Kim launches and the economy tanks, sure. Values always subject to change. The design variables you mention have already taken their toll. Market isn't going to wake up tomorrow and realize it's more race car than grocery getter. Dwindling for sale #'s reflect an increasing number recognizing the value at current prices though.
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08-22-2019, 12:07 PM | #66 | |
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