Current M3CS values? Best place to get my M3 CS appraised? Ready to sell

[VooDeeZy]

I've been a manager in the car business for a about 7 years and tbh if you've been offered 12k to sign an odometer statement and hand them the keys that sounds like a great deal.
Other option would be paying cash for the buyout and then selling privately, which will take time to find the right buyer willing and able to stroke a check for 80k +. You're also risking the used car bubble to burst if you go that route. (Though I think we've got at least another year like this.

[clevemont]

I'm in the same boat. You can extend the lease without any hassle for 2 months (1 month at a time online 30 days before your lease-end date) and if you have a G80 on order, can extend for an additional 4 months (6 months total). I've been thinking of trying to capitalize on the equity in the car but anything worth getting these days has a dealer markup of $10-$20k. For that reason, I'm thinking of just buying out at the end of my lease.

[jmg]

Originally Posted by clevemont

I'm in the same boat. You can extend the lease without any hassle for 2 months (1 month at a time online 30 days before your lease-end date) and if you have a G80 on order, can extend for an additional 4 months (6 months total). I've been thinking of trying to capitalize on the equity in the car but anything worth getting these days has a dealer markup of $10-$20k. For that reason, I'm thinking of just buying out at the end of my lease.

I don't remember... but does BMWNA reimburse you for the additional year of registration you have to pay for? Here in CA, registration is close to $800.

[clevemont]

Originally Posted by jmg

I don't remember... but does BMWNA reimburse you for the additional year of registration you have to pay for? Here in CA, registration is close to $800.

Not that I'm aware of.

I believe there is also an option to buy out and then flip to a non-BMW dealer without being on the hook for the sales tax as long as you can show proof of the immediate sale to the dealer. Can't remember what that term/process is called though. Would open up some options for local non-bmw dealers that might want the car.

[dezzracer]

Originally Posted by nickl630

Speaking as someone whos worked in this industry for 15 years... you're taking this a bit too personal...

All three were no hassle offers to buy a highline luxury car off of you with no strings attached. No tire kickers, no negotiating. No paperwork issues.. just done. There's 100% a convivence fee for that. Some people take it, some choose to sell private and get more. No one will say you cant.

The second is... well the dealer needs to make money on you. They're a business. The high end market is VERY volatile right now with signs pointing to the market correcting. There's plenty of data on Camry's and Accords but a good 20k swing on ALL CS models (M3 and M4). Any dealer will be on the lower end of this range due to this right now.

Finally... all of us CS (and to a degree.. all F8X owners) need to come down to earth sometimes.. its an M3/4. An overpriced one at that. Some of us got great deals leasing or buying them for around 80k~ when BMW realized they weren't worth six figures. Some paid sticker. I love my CS and want nothing more than it to skyrocket in value but my experience tells me that wont happen (at least for some time, if at all).

I said this earlier and I stand by it.. 73k is a solid trade offer on that car, id be happy if you got 75-78k for it private. Of course there's nothing wrong with keeping it too!

I'll get off my soapbox now.

I would agree. I paid $93k cash for my M3 CS in December 2018. It is pristine and has about 10 K miles on it. I've had it for 36 months. 93k minus 20k is 73K. 20k divided by 36 months is equivalent to a $555 per month lease payment with nothing down. Not a bad deal if I were to sell. And yes I like the convenience part of the deal. Here's the keys and title give me my money.

[IB M]

Did u buyout the CS? In for pics as always.

[jdhiro]

FYI, I just bought out my M3 CS lease, and I plan to hold onto it for a long time. I'm adding an X3 M40i as a daily.

The dealer says they can get top-dollar for them right now, but nobody is returning them at the end of the lease. None of the consumer sites know how to rate these kind of rare vehicles, but the bank I financed the lease takeover through quoted the value of the vehicle at $86k. I have 20k miles on the car.

[umizoomi]

Originally Posted by jdhiro

FYI, I just bought out my M3 CS lease, and I plan to hold onto it for a long time. I'm adding an X3 M40i as a daily.

The dealer says they can get top-dollar for them right now, but nobody is returning them at the end of the lease. None of the consumer sites know how to rate these kind of rare vehicles, but the bank I financed the lease takeover through quoted the value of the vehicle at $86k. I have 20k miles on the car.

Interesting. Congrats on the new daily. Going thru this dance now w/ my CS. Does yours have CCB?

[jmg]

Originally Posted by jdhiro

FYI, I just bought out my M3 CS lease, and I plan to hold onto it for a long time. I'm adding an X3 M40i as a daily.

The dealer says they can get top-dollar for them right now, but nobody is returning them at the end of the lease. None of the consumer sites know how to rate these kind of rare vehicles, but the bank I financed the lease takeover through quoted the value of the vehicle at $86k. I have 20k miles on the car.

Perfect combo! I've been eying the X3 M40i as a daily myself. No need (and no $) for a X3M personally, and the M40i seems like a good in-between.

[jdhiro]

Originally Posted by umizoomi

Interesting. Congrats on the new daily. Going thru this dance now w/ my CS. Does yours have CCB?

No CCB on my CS.

[jdhiro]

Originally Posted by jmg

Perfect combo! I've been eying the X3 M40i as a daily myself. No need (and no $) for a X3M personally, and the M40i seems like a good in-between.

I agree, I'm excited. The M40i seems pretty aggressive already for what it is, but still quite practical!