E9x M3 is now below £35K

Housey

Housey

Housey

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Joined
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These are now dropping like a stone it would seem. This is not a great specification but someone will have taken a right bath on this I suspect. I know how much this type of car is dropping at the moment as my RS4 is doing the same but I am suprised to see these at below £35K already. I had to wait 9 months for my first E46 M3 and I could still have sold it above list for a small premium when it finally arrived. Times are a changing....

http://www.pistonheads.co.uk/sales/675099.htm

Great car for the money mind.
 
I really can't see them going below £30K but in the current state of flux who knows. I don't think now is a good time to be selling a high performance, fuel hungry saloon car even if your heart tells you to do so.
 
the 335i took a huge hit.

I got it as an exdemo, list price 72 000 euro, it had 3 000 miles on the clock and was 6 months old. I paid 42 500 euro for it!
 
housemaster said:
These are now dropping like a stone it would seem. This is not a great specification but someone will have taken a right bath on this I suspect. I know how much this type of car is dropping at the moment as my RS4 is doing the same but I am suprised to see these at below £35K already. I had to wait 9 months for my first E46 M3 and I could still have sold it above list for a small premium when it finally arrived. Times are a changing....

http://www.pistonheads.co.uk/sales/675099.htm

Great car for the money mind.
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They supply one owner with the car? :p
 
housemaster said:
I had to wait 9 months for my first E46 M3 and I could still have sold it above list for a small premium when it finally arrived. Times are a changing....
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Wasn't the E46 M3 ~£42k new? Current economic conditions aside, do you think that the E92 would have seem the same depreciation as the E46?

The M6 was never loved, and I'd read people speculating that BMW were trying to sell cars where the badge didn't belong, I just wonder whether the switch to the V8 was a bridge too far...
 
Kingy said:
Wasn't the E46 M3 ~£42k new? Current economic conditions aside, do you think that the E92 would have seem the same depreciation as the E46?
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When the E46 M3 came out it was actually priced at around £39K and with a nice spec, excluding Sat Nav it could be yours for around £42K which is where both of mine sat price wise, and I got a small discount on my second one. I think it is also fair to say that back then there was not as much competition and the E46 M3 was a great car. The current one is also a lovely car but its much more expensive, like most things, and is also faced by more competition from its own range with the 335i which though not an M is closer than the 330ci was with the E46 and from things like the RS4 and C63 which are much better cars than the competition back in the E46 days. The S4 was not a patch on the M3 no matter what Clarkson tried to tell everyone back then.

Kingy said:
The M6 was never loved, and I'd read people speculating that BMW were trying to sell cars where the badge didn't belong, I just wonder whether the switch to the V8 was a bridge too far...
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They had to go V8 to get the power really as M cars were not turbo'd historically but I think the climate is such with fuel and other concerns that very thirsty saloon cars will simply depreciate.

The M6 makes the M3 look like a solid investment of course as they are now around the same price and they started at £80K!!
 
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