20k E60 M5 depreciation.

[R8VBV]

My theory on depreciation is that once a car is to old to be bought using PCP or a lease, then the values will drop to a point of a personal loan i.e. <£30k. Then they will fall at a slower rate until the £15k mark where often performance cars sit until the newer generation pushes it down.

I can see these being future classics with the F1 derived engines and cult status, but it'll only be the good ones.

If you're worried about depreciation,don't buy a car and get the bus. People have to remove this idea that cars are investments; they are liabilities and liabilities always cost you money.

Edited by R8VBV on Saturday 8th October 14:38

[V10Ace]

IMO, it's the M6 that will hold out and increase in time.

V10 in a semi-impractical, rwd coupé body...

Limited numbers, relatively very rare....

Only way to get that set-up again will be a Lamborghini balboni or something, which while in a different league, cost's major league money.

M6 is a second car that you make as loud as relatively bearable and smile like a fat Cheshire cat all day.

Oh and it still does 200 mph....

M6 is the future gold.

[Khaki Suit]

Err, personally not convinced.

I don't see a E24 635csi as more desirable than a E28 M535. A similar comparison maybe?

[cosworth330]

Personally I think the M5 is much better looking than the M6 but then I've always preferred the look of saloons to coupes.

[V10Ace]

cosworth330 said:

Personally I think the M5 is much better looking than the M6 but then I've always preferred the look of saloons to coupes.

Regardless of what we think of the looks, what about the other points I raised ??

Relatively very rare, Rwd, V10 n/a coupé, 500hp, 200mph and how much more money you will have spend just to get a similar albeit better set up in something else.

I know the M5 is 90% the same, but it's just a box on 4 wheels not a coupé.

I've heard the M6 referred to as sexy by quite a few "girls" but never of an M5.

I do love M5's by the way, it's just that as I see M5's get lower and lower, I see the M6 holding very firm and may even be on the increase ? Maybe...

Edited by V10Ace on Thursday 24th November 18:36

[V10Ace]

Khaki Suit said:

Err, personally not convinced.

I don't see a E24 635csi as more desirable than a E28 M535. A similar comparison maybe?

Different car's for a different time ??

But maybe your right... I am genuinely interested though.

[Khaki Suit]

V10Ace said:

Different car's for a different time ??

But maybe your right... I am genuinely interested though.

I don't know, I think it's the 80's version of your conundrum today so a good comparison to fall back on which has already had the test of time?

I would have thought that stemming from the 80's may play to the 6 series advantage when you think of the fashion sense from the decade. I feel what's popular of it's time is then what's popular in the future for the most part. Dream cars for some achieved later in life. I'm sure there is a massive following for the old 6 but I just don't move in those circles possibly? I see the 5's being more popular.

For me the 6's have an air of maturity about them as in driven by an older generation than the 5's? I personally don't think the 6 series holds it's desirability as much over time, but of course I am bias. Yes it is a coupe, and the 5 a box, but the family car which can give a supercar a run for it's money is what makes it desirable to me. A coupe is supposed to be fast. 5's, for me, hark back to the touring cars and super saloons. Think of Lotus Carltons and Sierra Cosworths etc etc. That's what makes them a hooligans car imho, or a family mans hooligan car.

Possibly the current price difference (if there is one, I don't know) is purely down to scarcity? Just look at how the E61 compares in price to the saloon and you can clearly see they demand a premium. Surely an estate is less desirable?? Personally I love wagons but in the eyes of most they aren't as desirable are they?

[AW10]

Rough number of cars sold in the UK:

E60 M5 - 1850
E61 M5 - 200
E63/4 M6 - 750

My money's on the E61.

[MarcelM6]

AW10 said:

Rough number of cars sold in the UK:

E60 M5 - 1850
E61 M5 - 200
E63/4 M6 - 750

My money's on the E61.

Does anyone know the E63/64 split?

[FocusRS3]

e46m3c said:

Chaps,

Ive been after an E60 for a while but dont want to sell my M3.

Ive been watching E60 M5 prices plummet for the past 2 years.

Rekon if i bought a 15-20k M5 and kept it in good condition it would hold its value somewhat? It seems the low end M5s have plateaued around the £15k mark.Just to enjoy for 6months to a year.

I suppose the big problem is no warranty over 60k miles will have the biggest impact on values given the clutch/gearbox issues?

Cheers
Chris

How much real world difference is there between the m3 you already have and the m5?

I'd keep the cash and just drive the m3 harder !

[Schermerhorn]

V10Ace said:

cosworth330 said:

Personally I think the M5 is much better looking than the M6 but then I've always preferred the look of saloons to coupes.

Regardless of what we think of the looks, what about the other points I raised ??

Relatively very rare, Rwd, V10 n/a coupé, 500hp, 200mph and how much more money you will have spend just to get a similar albeit better set up in something else.

I know the M5 is 90% the same, but it's just a box on 4 wheels not a coupé.

I've heard the M6 referred to as sexy by quite a few "girls" but never of an M5.

I do love M5's by the way, it's just that as I see M5's get lower and lower, I see the M6 holding very firm and may even be on the increase ? Maybe...

Edited by V10Ace on Thursday 24th November 18:36

The M6 has stabilised. I sold mine last year for £16,750 and it is still worth that in all likelihood.

You do see more 'cared for' M6 examples than M5's too.

Edited by Schermerhorn on Monday 28th November 22:42

[Welshbeef]

AW10 said:

Rough number of cars sold in the UK:

E60 M5 - 1850
E61 M5 - 200
E63/4 M6 - 750

My money's on the E61.

But estates if they have saloon equivalents or coupes have never been the most valuable

[Cheib]

Welshbeef said:

AW10 said:

Rough number of cars sold in the UK:

E60 M5 - 1850
E61 M5 - 200
E63/4 M6 - 750

My money's on the E61.

But estates if they have saloon equivalents or coupes have never been the most valuable

It's the only RHD M Estate car that's ever been made/come to the UK I think ? There were some previous generation E34 Estate's but only left hand drive.

I saw one parked up only a couple of days ago and thought to myself what a rare car it was!

I think they're highly sort after.

[Welshbeef]

Cheib said:

It's the only RHD M Estate car that's ever been made/come to the UK I think ? There were some previous generation E34 Estate's but only left hand drive.

I saw one parked up only a couple of days ago and thought to myself what a rare car it was!

I think they're highly sort after.

Rare doesn't mean it will appreciate.

[Cheib]

Welshbeef said:

Cheib said:

It's the only RHD M Estate car that's ever been made/come to the UK I think ? There were some previous generation E34 Estate's but only left hand drive.

I saw one parked up only a couple of days ago and thought to myself what a rare car it was!

I think they're highly sort after.

Rare doesn't mean it will appreciate.

Didn't say they'll appreciate....just said they were sort after.

[Welshbeef]

Cheib said:

Welshbeef said:

Cheib said:

It's the only RHD M Estate car that's ever been made/come to the UK I think ? There were some previous generation E34 Estate's but only left hand drive.

I saw one parked up only a couple of days ago and thought to myself what a rare car it was!

I think they're highly sort after.

Rare doesn't mean it will appreciate.

Didn't say they'll appreciate....just said they were sort after.

But the key question is why they didn't sell well when new?
Was the E55k/E63 AMG/C6 RS6 avant superior competition?

[AW10]

The E61 M5 didn't come out until the middle of 2007 and the credit crunch started in AUg 2007 - get the connection? I wonder how many people that had E61 M5s on order regretted their choice within 6 months as petrol prices spiked and no-one wanted big-engined cars, diesel or petrol.

The E60 was available some 2 years earlier when life was good, credit was being offered like sweeties and petrol was (relatively) cheap.

[Welshbeef]

AW10 said:

The E61 M5 didn't come out until the middle of 2007 and the credit crunch started in AUg 2007 - get the connection? I wonder how many people that had E61 M5s on order regretted their choice within 6 months as petrol prices spiked and no-one wanted big-engined cars, diesel or petrol.

The E60 was available some 2 years earlier when life was good, credit was being offered like sweeties and petrol was (relatively) cheap.

https://en.m.wikipedia.org/wiki/Audi_RS_6#/search

The C6 RS6 came out in 2008 vastly more sold same market conditions so you cannot use that reason it sold badly.

[AW10]

Easy tiger!

I'll guess that Layer Cake has a lot to answer for. Perhaps the average driver prefers the security of the quattro system in a 500+ hp car?

[Welshbeef]

AW10 said:

Easy tiger!

I'll guess that Layer Cake has a lot to answer for. Perhaps the average driver prefers the security of the quattro system in a 500+ hp car?

I'm just wondering out of the 3 estates E63 AMG RS6 and M5 did be M5 come last? If yes I'd say it's pretty obvious why - traditionally they have not offered an M5 touring whereas he others have that pedigree. The F10 isn't an Estate either.

So BMW dipped toes in.

I wonder factually out of the 3 which was the "best" - none are track cars so its load hauling comfort tractability. Also it was pretty out gunned - RS6 pumping near 580bhp from its v10 bi turbo and wasn't the E63 6.2v8 pumping 550-575bhp ie kind of a generation away from what you could actually buy on the market.