Right price for a used M4 GTS

[Studntloan]

going on 4 years of ownership come February with 22k, love the car, always tempted to replace it but everytime I drive something else im underwhelmed.

I think its a keeper.

[BigHunk]

Originally Posted by 4play

Cheapest GTS in Europe (at least on AutoScout) is at 110k EUR = $130k USD.

The values are already quite strong in Europe.

A European CoC (Certificate of Conformance) from BMW is only $130 - I am quite surprised more cars have not been exported. Even with VAT/duties, an $80k car here would be ~88k EUR. It's definitely a bit of a hassle for seller/buyer, but both could do pretty well on that transaction. It's certainly an avenue I will explore when it's time to move on.

Bmw doesn't issue CoC for the US market cars.
You would have to do homologation and certification, that's gonna be couple thousand euros. Plus EU likes to tax, tax, tax cars.

[4play]

Originally Posted by BigHunk

Bmw doesn't issue CoC for the US market cars.
You would have to do homologation and certification, that's gonna be couple thousand euros. Plus EU likes to tax, tax, tax cars.

Even with 3k EUR in homologation and certification costs, import duty, and VAT, you would save a substantial amount of money.

The cheapest GTS in Europe is 110K EUR.

The cheapest GTS in the US is $75k USD = 61.5k EUR

Import duty to EU is 10%, VAT is 19%-22%. Shipping is 1.5k EUR. Homologation / certification is ~3.5k EUR.

Total cost = [((61.5K + 1.5K) * 1.1) * 1.20] + 3.5K = 86.66K EUR

That's a 23.33K EUR (>20%) savings. Like I said, it begins to become worth the hassle when the savings/arbitrage opportunity is that significant.

[SYT_Shadow]

Originally Posted by 4play

Even with 3k EUR in homologation and certification costs, import duty, and VAT, you would save a substantial amount of money.

The cheapest GTS in Europe is 110K EUR.

The cheapest GTS in the US is $75k USD = 61.5k EUR

Import duty to EU is 10%, VAT is 19%-22%. Shipping is 1.5k EUR. Homologation / certification is ~3.5k EUR.

Total cost = [((61.5K + 1.5K) * 1.1) * 1.20] + 3.5K = 86.66K EUR

That's a 23.33K EUR (>20%) savings. Like I said, it begins to become worth the hassle when the savings/arbitrage opportunity is that significant.

But it's not just VAT. There is a specific additional tax for cars beyond the ~20% VAT, worth ~15% even in cheap european countries like Spain

I wish these could take another year to appreciate. 12 months from now I will be on the market.

[4play]

Originally Posted by SYT_Shadow

But it's not just VAT. There is a specific additional tax for cars beyond the ~20% VAT, worth ~15% even in cheap european countries like Spain

I wish these could take another year to appreciate. 12 months from now I will be on the market.

Yes, registration tax based on CO2 emissions (IEDMT). But those must be paid on any car coming from outside the peninsula/Balearic Islands on first registration, so it doesn't make sense to include it in a pricing comparison to non-Spanish EU cars.

And it is not a fee that occurs in France or Germany, as they roll the CO2/engine size/power level based fees into annual registrations.

It certainly is a hassle to do, but it is a cost savings. Even if you were to (inaccurately, IMO) factor in the Spanish first reg fees, a US GTS would still be cheaper.

Just sell the CS and get in while they're still relatively low!

[Boostin FD]

If anyone wants a clean low mileage GTS, I posted mine for sale on the forum. Link in the signature.

[M3hf80]

wow this is so clean, unbelievable.

[786]

Originally Posted by Boostin FD

If anyone wants a clean low mileage GTS, I posted mine for sale on the forum. Link in the signature.

already?!

[Boostin FD]

Originally Posted by 786

already?!

Yeah... winter... 5 long quiet months... What's the point of having another one sit parked. I'll learn... eventually. Ha!

[zuukGTS]

Originally Posted by M3hf80

What would you offer?

I got mine for 92k with 6k miles on it and the carbon rim package

[Secret Chimp]

Originally Posted by zuukGTS

I got mine for 92k with 6k miles on it and the carbon rim package

When did you buy it?

[786]

Originally Posted by Boostin FD

Yeah... winter... 5 long quiet months... What's the point of having another one sit parked. I'll learn... eventually. Ha!

Ya, that’s tough. We don’t have a real winter to speak of here so can drive the fun cars year round. That would annoy me as well. Glws, it’s a beauty.

Maybe look into a GT3 Touring next year, the extra interaction of a manual and more road biased suspension might be what you need. With new ICE cars in several EU countries (and some US states) being banned in 9 years soon it’ll be time to buy and hold the stuff you really want to keep. Probably in the next few years many more countries and states will follow suit.

[Gomeler]

Friend linked me a GTS on Bring a Trailer. AW, 3600 miles, all the original parts included, but BaT being a finicky bitch.. licks finger and sticks in the air for a second I'm guessing $79k.

https://bringatrailer.com/listing/2016-bmw-m4-gts-14/

[4play]

Originally Posted by Gomeler

Friend linked me a GTS on Bring a Trailer. AW, 3600 miles, all the original parts included, but BaT being a finicky bitch.. licks finger and sticks in the air for a second I'm guessing $79k.

https://bringatrailer.com/listing/2016-bmw-m4-gts-14/

Already at $52k. We'll see. Easily mid-80s with buyers premium, I suspect.

Going to try to buoy the value as much as I can in the comments, haha.

[jpdchicago]

Originally Posted by Gomeler

Friend linked me a GTS on Bring a Trailer. AW, 3600 miles, all the original parts included, but BaT being a finicky bitch.. licks finger and sticks in the air for a second I'm guessing $79k.

https://bringatrailer.com/listing/2016-bmw-m4-gts-14/

Nice one!
Won’t really go up much until the last day but I am guessing $85,000 + auction costs.
All comparable examples for sale now are the high 80s to low 90s.

[ClubsportJunkie]

Originally Posted by Gomeler

Friend linked me a GTS on Bring a Trailer. AW, 3600 miles, all the original parts included, but BaT being a finicky bitch.. licks finger and sticks in the air for a second I'm guessing $79k.

https://bringatrailer.com/listing/2016-bmw-m4-gts-14/

I love how the winglets were put on backward by most dealers, and there are cars still out there with them reversed.

[4play]

Originally Posted by Sh4d0w

I love how the winglets were put on backward by most dealers, and there are cars still out there with them reversed.

Actually, the end plates were required to be "upside down" by the DOT due to third brake light visibility reqs. With the Euro configuration and certain wing angles, cars to the rear left or rear right cannot see the 3rd brake light.

Weird rules we have here in the states...

[SYT_Shadow]

Originally Posted by 4play

Actually, the end plates were required to be "upside down" by the DOT due to third brake light visibility reqs. With the Euro configuration and certain wing angles, cars to the rear left or rear right cannot see the 3rd brake light.

Weird rules we have here in the states...

Many... including those ridiculous mirrors....

[Secret Chimp]

BaT is often seen as the benchmark. So, if you have an account on the site, and you want to see it sell for a good price, you should go over there and talk the thing up a bit!

--not my car/not affiliated

[jpdchicago]

Originally Posted by 4play

Already at $52k. We'll see. Easily mid-80s with buyers premium, I suspect.

Going to try to buoy the value as much as I can in the comments, haha.

Up to $77,500 with 2 days to go...

[h_bakken]

Will be interested to see what this brings. Pretty hefty curb damage on the aftermarket wheels. But you get the originals too.

[jpdchicago]

Originally Posted by Gomeler

Friend linked me a GTS on Bring a Trailer. AW, 3600 miles, all the original parts included, but BaT being a finicky bitch.. licks finger and sticks in the air for a second I'm guessing $79k.

https://bringatrailer.com/listing/2016-bmw-m4-gts-14/

Sold for $83,500.
Not sure how much BAT gets in addition to that.
Still a good deal!