Cost of ownership

[TestySpice]

Originally Posted by gmx

Have you actually test-driven cars in this segment?

Most people do this. Paper [test] driving. End up buying, whinging about deppreciation on a car (lul) before realising the characteristics don't suit them at all. The "other" car was always better for them

This depreciation model can be applied to every M3 back to the E36.

I intend to use the first three to four years depreciation in my favour and get one that is that old.

Test driven... no , not as yet. Within the next week. Have only been decided on a M series for the last four days , so am yet to sit in one. Eagerly awaiting this

[m4chievous]

Originally Posted by TestySpice

Thank you very much for the reply. Insurance costs should have been one cost that was first on my list but had forgotten about that. So thanks for that alone. I just did a compare the market comparison and from 1800 to 3500 was the replies. Eeeek. Did a Youi one and you were right , 1400 odd for a 1250 excess. 1650 for a 900 excess, which more suits.
Interesting differences..... Thank you again for your assistance.

Try RAC. That is who I am with. Can't recall precisely but excess is either 600 to 800.

[TestySpice]

Originally Posted by m4chievous

Try RAC. That is who I am with. Can't recall precisely but excess is either 600 to 800.

Shall do , thanks for the tip.

[TestySpice]

Originally Posted by m4chievous

Try RAC. That is who I am with. Can't recall precisely but excess is either 600 to 800.

Just tried to do an online quote and it would appear that you can only use this lot if you live in WA. As a Sydney resident it just fails every time i try.

[RevNev]

Originally Posted by TestySpice

Just tried to do an online quote and it would appear that you can only use this lot if you live in WA. As a Sydney resident it just fails every time i try.

Allianz is one of the best insurers for good cars and they're not ridiculously expensive either. Allianz accept the repair processes in accordance with the BMW body repair manual and they don't give the BMW approved panel shops much grief with quotes to repair the car properly. A rough panel job with insurers who want to cut corners on the repair to save money can easily mess your car up visually and structurally.

[Scootah]

Originally Posted by MO3

BMW plays a huge role in M cars not holding their value, compared to AMGs.

A friend of mine paid 184k for his 2014 M4 in 2014. I paid 150k in January 2016 for a similar colour M4 loaded with options. (He didn't have HUD or extended leather). I also paid 137k for my individual 2018 M3 CP. Both cars are brand new with around 20kms on the clock. BMW have a tendency to shaft the early adopters then drop their pants a year or so later with ridiculous discounts.

MB let my friend walk away for a 1k difference. They just wouldn't give a shit. (I find them so arrogant to be honest). They protect their product, just like porsche. A 3 year old C63s is still going for 110-120k now, which is 75% of the original value.

100% agree with this , I paid $127k for my 2017 M3CP Tanzanite , i was quoted $142k for the same car 6 months earlier .

BMW do crucify the early adopters , case in point Friend just brought a brand new X3M40i for $85k ( yes he buys a lot of cars but still !) , this car retails at over $120k....

IMO you need to wait to buy a new BMW around 12 months from the model launch or else depreciation will kill you when you get out of it

[TestySpice]

Originally Posted by Scootah

100% agree with this , I paid $127k for my 2017 M3CP Tanzanite , i was quoted $142k for the same car 6 months earlier .

BMW do crucify the early adopters , case in point Friend just brought a brand new X3M40i for $85k ( yes he buys a lot of cars but still !) , this car retails at over $120k....

IMO you need to wait to buy a new BMW around 12 months from the model launch or else depreciation will kill you when you get out of it

First things first.... a Tanzanite M3 is beautiful. Such a gorgeous colour. I also agree with you on the waiting 12 months or more from the day of release as it seems from what i have researched of late, the prices are not holding. Was quoted today a Comp Edition M4 @128$ New. Online they are past the 150 mark.

[drgmt]

Depreciation on a business lease is actually beneficial as it is tax deductible.

If you buy a car outright and then resell then depreciation is a pain - this really should never be the default option with modern cars.

[///M-pressed]

Originally Posted by drgmt

Depreciation on a business lease is actually beneficial as it is tax deductible.

If you buy a car outright and then resell then depreciation is a pain - this really should never be the default option with modern cars.

If you drive the car for work even if it's in your personal name you still get to claim the depreciation. But you need to be using it pretty much for like 80% business use for it to be worth it.

The massive PITA is keeping the log book.

[drgmt]

Originally Posted by Attuale

If you drive the car for work even if it's in your personal name you still get to claim the depreciation. But you need to be using it pretty much for like 80% business use for it to be worth it.

The massive PITA is keeping the log book.

3 months every 5 years isn't to bad. But yes it is a pain.

[Scootah]

Originally Posted by drgmt

Depreciation on a business lease is actually beneficial as it is tax deductible.

If you buy a car outright and then resell then depreciation is a pain - this really should never be the default option with modern cars.

Unfortunately you can only claim depreciation on the first $57581 value of the car , would be great if you could claim on the total value

[snowy8]

Hi There, I am new to this forum and looking at potentially purchasing my first BMW M4. I'm looking at a used 2016 model with 20,000kms for around $85,000.

Has anyone had any experience buying a used performance car like a M4 from a dealer or private? Anything I should watch out for? Also what type of discount are people getting of the prices on car sales to actual purchase price?

Are there any hidden costs of owning a M4 I should be aware of? I hear they can be quite costly to up keep? This will be used a as a every day car, driving to and from work. Not really keen on it being tracked.

Any assistance would be great.

[mynameisplayer]

"20k out of a set of tyres". You know it's an M car right? 17k, putting on 4th set this week. My car is only driven for fun, all twisty bits

[TestySpice]

Originally Posted by snowy8

Hi There, I am new to this forum and looking at potentially purchasing my first BMW M4. I'm looking at a used 2016 model with 20,000kms for around $85,000.

Has anyone had any experience buying a used performance car like a M4 from a dealer or private? Anything I should watch out for? Also what type of discount are people getting of the prices on car sales to actual purchase price?

Are there any hidden costs of owning a M4 I should be aware of? I hear they can be quite costly to up keep? This will be used a as a every day car, driving to and from work. Not really keen on it being tracked.

Any assistance would be great.

i joined this forum site to garner the same kind of info that your looking for.

Some of what i have found out is this...

Insurance is at minimum 1460 and upwards
Tyres are around 450 to 500 a corner
Batteries are 2000 each and are supposed to last 10 years and are coded to your car
Brakes seem to cost around 700 for the fronts and same for the rear
Oil changes seem to be around 350

So it is a costly car but that said... you know that before you even signed up for an account here and you seem to get what you pay for.... a hellava car to drive daily.

[RevNev]

Originally Posted by snowy8

looking at potentially purchasing my first BMW M4. This will be used a as a every day car, driving to and from work. Not really keen on it being tracked.

Have you driven an M4 mate? They're not a particularly nice daily driver, they're a fun car to drive hard and fast.

[Ghosn]

Originally Posted by RevNev

Have you driven an M4 mate? They're not a particularly nice daily driver, they're a fun car to drive hard and fast.

I have a 2018 M3 and it's an awesome daily driver. Don't know what the issue is?

[SE7EN335]

Originally Posted by Ghosn

I have a 2018 M3 and it's an awesome daily driver. Don't know what the issue is?

Depends on what benchmark of an awesome daily driver you are comparing to.

Yes the M3 is an "awesome" daily driver but it pales in comparison to its competitor the facelift C63s, which is more comfortable, has way less clicks and clacks from the drivetrain, less jerky gearbox, superior suspension setup for daily driveability (double wishbone vs BMW M3/4 macpherson strut) etc etc. I have driven a facelift C63s coupe for the good part of a day and I must admit it is a much nicer daily driver than the M3/M4 ZCP and Non-ZCP.


It is all a matter of perspective for what you believe to be a great daily driver

[RevNev]

Originally Posted by Ghosn

I have a 2018 M3 and it's an awesome daily driver. Don't know what the issue is?

I've got an M4 ZCP for fun and track and an X3 M40i for a daily driver. The X3 has more comfortable seats, better road vision, less tyre noise and exhaust drone and rides the bumps better than the M4 and you can fit more in it. The X3 M40i smacks 99% of the SUV's in performance and handling and as a daily driver, it's a great car!

There's nothing luxurious about an M4 and if you don't have a genuine taste for what's best described as a "race car with rego plates", an M4's likely to be disappointing. The posers buy M3 and M4's to showcase their wallet and they can't handle the rawness of them and they want to buy a Merc instead.

[Ghosn]

Originally Posted by RevNev

I've got an M4 ZCP for fun and track and an X3 M40i for a daily driver. The X3 has more comfortable seats, better road vision, less tyre noise and exhaust drone and rides the bumps better than the M4 and you can fit more in it. The X3 M40i smacks 99% of the SUV's in performance and handling and as a daily driver, it's a great car!

There's nothing luxurious about an M4 and if you don't have a genuine taste for what's best described as a "race car with rego plates", an M4's likely to be disappointing. The posers buy M3 and M4's to showcase their wallet and they can't handle the rawness of them and they want to buy a Merc instead.

There are other cars that are better daily drivers than the M3/M4? Wow, who would have thought??

Thanks for the obvious but if you notice in my post, I wasn't comparing it to any other car, I was basing my thoughts on the car alone, which still stand. To me it's a great daily driver and I love every time I jump in and drive it on the road. I have 0 issues with it being a daily driver ....

[ruley74]

Originally Posted by Ghosn

There are other cars that are better daily drivers than the M3/M4? Wow, who would have thought??

Thanks for the obvious but if you notice in my post, I wasn't comparing it to any other car, I was basing my thoughts on the car alone, which still stand. To me it's a great daily driver and I love every time I jump in and drive it on the road. I have 0 issues with it being a daily driver ....

Well put, I've done 35k per year including two 4-5k road trips. My only thoughts towards swapping it out is that I can't legally fit a towbar to it. But it's still a great daily for me


It's like people think their view is the only correct view.

[drgmt]

Love this car as a daily - when you work the hours I do - the daily is 90% of the fun you are going to get. There just isn't the time otherwise.

It don't see the point of insulting other brands especially Mercedes Benz - that makes great cars and is a fast developing legendary status in the realm of F1 motor sport.

It's easy to insult people in the comfort of your own home hidden behind a keyboard.

[im_dave]

Originally Posted by drgmt

Love this car as a daily - when you work the hours I do - the daily is 90% of the fun you are going to get. There just isn't the time otherwise.

What kind of doc are you, out of interest?!

M3 is a great daily. I cycle between it and my MCS, and realise how good it is when I get back into the M3. My only gripe is it is a bit low so have to be careful on speedhumps. Also the DAB cuts out way too often!