The M3 Touring - price in 2026/7?

The M3 Touring - price in 2026/7?

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Discussion

48Valves

1,956 posts

209 months

Wednesday 29th November 2023
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More cringe than some of the watch threads biggrin

Kerniki

1,875 posts

21 months

Wednesday 29th November 2023
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Gota watch this one hehe

RC1 dont give up mate, persist thumbup

JEA1K

2,504 posts

223 months

Wednesday 29th November 2023
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There are 127 on AT from £77k with 10k miles to £109k brand new 0 miles. There are far many of them around to retain any sort of decent residual ... whether its a great car or not, these were destined to tumble in value, great for those who wanted a superfast estate car for the price it should have been when new. The M3T is in for a tough ride with current interest rates and supply, with the majority that will use finance to buy, there will be little cost difference on a monthly basis between new/used.

So, I can see sub £50k easily by 2026/27 so a 50% loss in 3 years.

steakandchips

212 posts

162 months

Wednesday 29th November 2023
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WY86 said:
steakandchips said:
Regrettably?? The daily fleet?? What are you going on about? You’ve got three 20 year old motors. Not really worth bragging about.
Pretty sure within those 20 years he could of got an M5 touring.. crazy
I don’t think that the OP bought those 20 year old cars new. I’d imagine they were bought a lot more recently.

Deep Thought

35,829 posts

197 months

Wednesday 29th November 2023
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Sorry you might have to slum it in an M car frown

On a more serious note...

I ran this car -

https://www.autotrader.co.uk/car-details/202311153...

Through www.hpivaluations.com

They reckon its worth just over £70K on a trade valuation now. Which feels about right.

Of interest though, heres their projected trade values....



They seem to be suggested a trade value then of sub £40K by 2026, dropping to around £34K by 2027.

Adding on a strong dealer margin still suggests a sub £50K retail price by 2026 and an early £40s retail price by 2027.

Ed.Neumann

421 posts

8 months

Sunday 3rd December 2023
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As soon as BMW start to offer 4.9% on the Touring, like the saloon and coupe, they will cripple the used prices and you will then see year old cars for £59-65k.

By the time the early cars are two years old they will be £49-55k if interest on used cars stays the same.

We are starting to see them discounted already, a few owners have posted on instagram about the discounts, they are not happy.

Combine that with subsidised finance rates and used are going to have to be that price so they are not more expensive than new ones if financing, which is how 90% of these are funded.


But will be a great buy used if paying cash.

Edited by Ed.Neumann on Sunday 3rd December 16:35

finmac

1,517 posts

238 months

Friday 8th December 2023
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Ed.Neumann said:
As soon as BMW start to offer 4.9% on the Touring, like the saloon and coupe, they will cripple the used prices and you will then see year old cars for £59-65k.

By the time the early cars are two years old they will be £49-55k if interest on used cars stays the same.

We are starting to see them discounted already, a few owners have posted on instagram about the discounts, they are not happy.

Combine that with subsidised finance rates and used are going to have to be that price so they are not more expensive than new ones if financing, which is how 90% of these are funded.


But will be a great buy used if paying cash.

Edited by Ed.Neumann on Sunday 3rd December 16:35
You can easily get a new car discounted to the level of the cheapest current used examples (assuming you steer clear of carbon seats and fripperies). Find it hard to believe they are managing to sell Used cars at these current prices…. There needs to be a correction shortly I suspect

Mits

181 posts

218 months

Saturday 23rd December 2023
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4.9% from Jan, £10-15k discount should be achievable on new.

interstellar

3,310 posts

146 months

Sunday 24th December 2023
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That would be tempting. There are already new cars in the 70's on autotrader I see but the finance rate may not qualify in Jan as those cars are pre reg?

https://www.autotrader.co.uk/car-details/202311023...

Deep Thought

35,829 posts

197 months

Sunday 24th December 2023
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interstellar said:
That would be tempting. There are already new cars in the 70's on autotrader I see but the finance rate may not qualify in Jan as those cars are pre reg?

https://www.autotrader.co.uk/car-details/202311023...
Yes my understanding is that would be treated as a used car when it comes to the finance

interstellar

3,310 posts

146 months

Sunday 24th December 2023
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Deep Thought said:
interstellar said:
That would be tempting. There are already new cars in the 70's on autotrader I see but the finance rate may not qualify in Jan as those cars are pre reg?

https://www.autotrader.co.uk/car-details/202311023...
Yes my understanding is that would be treated as a used car when it comes to the finance
https://www.autotrader.co.uk/car-details/202310293448601?sort=price-asc&advertising-location=at_cars&body-type=Estate&make=BMW&maximum-mileage=100&model=M3&postcode=BH21%204GD&fromsra

This might qualify as its new.

Palmball

1,271 posts

174 months

Sunday 24th December 2023
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I'm in the market for one of these, if I can bring myself to slum it in one tongue out.

Don't really get the Alpina comparison - totally different proposition IMO. I tried an F30 Alpina B3 a few years and it seemed a more like a luxurious 340i than anything like an M3...and in some respects better for it, but not really what you want when you're after an M3.

That said, I can't make my mind up between a £65-70k Ultimate-spec M5 or M8 GC, or the M3T.

Had a few M5's as I've tended to alternate between them and a Panamera annually...and it's that time of year again biggrin Of the choices, the M5 is probably the most appropriate for me as I've got two five years olds and they've got a bog enough boot and come with rear seat entertainment, but I feel like I've done enough of them and they're now effectively the 'old' model, and we know what happens to values once the new one is out.

M8 might be a bit tight space wise but they look good, the interior design is a notable step up from the M5 and I have very fond memories the various M6's I had 8-12 years ago. They seem decent value at under £70k but I imagine M8 and M5 will depreciate similarly from £70k downwards.

With the kids an estate would be handy (although the M5 never left us feeling like we needed more space), the M3 build quality seems right up there and I love the carbon seats. It's arguably the most fashionable / contemporary option too. Costs a lot more as I'd want Ultimate and M-Pro packs, however there's a used one with the right spec at Cotswold advertised at £82k....and Sytner Leicester are advertising a brand new one with this spec at £95k (£10k discount). No cheap finance on the new one yet but it's surely inevitable...although I'm considering popping in between Xmas and NY to see if either dealer is desperate enough for the end of month / quarter / year numbers to drop another £5k on either of those. Would be sweet if I managed that extra discount AND got 4.9% on the new one...but perhaps worth waiting until Jan to see how the land lies. Or we'll see what the 2027 market looks like wink This is a real problem with the market as everyone's holding on to see how low prices go which is just killing demand...but it's probably not making the ownership cheaper as it just reduces the value at the back end. Got to feel sorry for the folks who bought their M3T's at list, although I'm not in an especially happy position with the Panamera!

Deep Thought

35,829 posts

197 months

Monday 25th December 2023
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interstellar said:
Yes, i'd seen that one. Looks indeed like its unregistered.

Tom-M

76 posts

92 months

Monday 25th December 2023
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Exeter BMW had an M3T that disappeared early this month that was listed under £80k brand new, around £87k list. I'd imagine another few k off that at negotiation and you're at about £10k off - all these cars that are ~£10k off seem to be in brooklyn grey or the green colour.

stabilio

569 posts

171 months

Tuesday 26th December 2023
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Palmball said:
I'm in the market for one of these, if I can bring myself to slum it in one tongue out.

Don't really get the Alpina comparison - totally different proposition IMO. I tried an F30 Alpina B3 a few years and it seemed a more like a luxurious 340i than anything like an M3...and in some respects better for it, but not really what you want when you're after an M3.

That said, I can't make my mind up between a £65-70k Ultimate-spec M5 or M8 GC, or the M3T.

Had a few M5's as I've tended to alternate between them and a Panamera annually...and it's that time of year again biggrin Of the choices, the M5 is probably the most appropriate for me as I've got two five years olds and they've got a bog enough boot and come with rear seat entertainment, but I feel like I've done enough of them and they're now effectively the 'old' model, and we know what happens to values once the new one is out.

M8 might be a bit tight space wise but they look good, the interior design is a notable step up from the M5 and I have very fond memories the various M6's I had 8-12 years ago. They seem decent value at under £70k but I imagine M8 and M5 will depreciate similarly from £70k downwards.

With the kids an estate would be handy (although the M5 never left us feeling like we needed more space), the M3 build quality seems right up there and I love the carbon seats. It's arguably the most fashionable / contemporary option too. Costs a lot more as I'd want Ultimate and M-Pro packs, however there's a used one with the right spec at Cotswold advertised at £82k....and Sytner Leicester are advertising a brand new one with this spec at £95k (£10k discount). No cheap finance on the new one yet but it's surely inevitable...although I'm considering popping in between Xmas and NY to see if either dealer is desperate enough for the end of month / quarter / year numbers to drop another £5k on either of those. Would be sweet if I managed that extra discount AND got 4.9% on the new one...but perhaps worth waiting until Jan to see how the land lies. Or we'll see what the 2027 market looks like wink This is a real problem with the market as everyone's holding on to see how low prices go which is just killing demand...but it's probably not making the ownership cheaper as it just reduces the value at the back end. Got to feel sorry for the folks who bought their M3T's at list, although I'm not in an especially happy position with the Panamera!
I think I remember you from back in the day on the C63 forums smile
Totally agree about many people just waiting things out and seems like a stalemate right now.

Palmball

1,271 posts

174 months

Tuesday 26th December 2023
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stabilio said:
I think I remember you from back in the day on the C63 forums smile
Totally agree about many people just waiting things out and seems like a stalemate right now.
Yes quite likely - good memory given it was 12-13 years ago! My biggest story there was sending my then new C63 PPP back to Affalterbach to get the dash retrimmed in leather. It's bonkers really, not only doing something like that when I look back, but that it 'only' cost c.£4k...from the actual manufacturer. I bet it would cost 2-3x that now, if they'd even do it at all. I reckon I got all my 'investment' (and then some) in that car back on resale, as it was such a unique and special example.

Haven't really felt it for Mercs for the last 10 years or so and these days for our family car, if it's not a Porsche then it's a BMW...I don't think much, if anything, else comes close to either brand in terms of engineering dynamics.

jm doc

2,791 posts

232 months

Thursday 28th December 2023
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Palmball said:
stabilio said:
I think I remember you from back in the day on the C63 forums smile
Totally agree about many people just waiting things out and seems like a stalemate right now.
Yes quite likely - good memory given it was 12-13 years ago! My biggest story there was sending my then new C63 PPP back to Affalterbach to get the dash retrimmed in leather. It's bonkers really, not only doing something like that when I look back, but that it 'only' cost c.£4k...from the actual manufacturer. I bet it would cost 2-3x that now, if they'd even do it at all. I reckon I got all my 'investment' (and then some) in that car back on resale, as it was such a unique and special example.

Haven't really felt it for Mercs for the last 10 years or so and these days for our family car, if it's not a Porsche then it's a BMW...I don't think much, if anything, else comes close to either brand in terms of engineering dynamics.
Agree totally with this about engineering and dynamics

steakandchips

212 posts

162 months

Tuesday 9th January
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Hi RC1, just bumping this thread and wondering if you’ve had any more thoughts about your upcoming purchase?

Strocky

2,642 posts

113 months

Thursday 11th January
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Blue62 said:
rosino said:
This is so cringe it’s borderline entertaining to read
It certainly has an awful lot of potential, maybe Welshbeef is alive and well after all.

One stand out for me is actually getting a dealer to talk to you, when I last visited a few to enquire about a new car I got the feeling I may have unwittingly soiled myself, such was the difficulty in getting acknowledged. I’d love to know how the OP managed to engage anyone in conversation on a purchase four years hence, kidnapped the salesman’s wife maybe?
Say it's ain't so?
He was an entertaining half wit

philmots

4,631 posts

260 months

Thursday 11th January
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I’ve been offered 8k off a new factory order ultimate pack car and 4.9%… think they’ve got more in them (as you can see what’s available on the autotrader) but if you want/need a factory order they can probably be a bit less generous.

Feel sorry for the guys who signed up at 9.9%