Suitable alternatives to an E46 M3.
Discussion
I have been considering another M3 and I can tell you now there are 2003 cars with SMG and sub 60k miles out there for around the £14k mark if you actually make some calls and see what the seller is prepared to drop to.
The private sale cars are going for more than the dealer cars as they know how bad things really are and want to get some stock moved and some cash flowing again!!
The SMG M3 is a great, great car and I think you would be hard pushed to better it even with £50k to spend, yeah you will find something different, but not really better.
The prices in the last 6 months have fallen through the fall for every marque, the fact you can buy a 6 month old M3 with 19's and EDC for under £40k now just shows this, but I don't think things are going to get worse.
If you are looking to upgrade then now is a good time, even if you only get £14k for yours you may be saving £8k on the next toy. It is a pain for those that are downgrading or want to change and owe more on finance than the car is worth, but for those who are upgrading it can only help.
The private sale cars are going for more than the dealer cars as they know how bad things really are and want to get some stock moved and some cash flowing again!!
The SMG M3 is a great, great car and I think you would be hard pushed to better it even with £50k to spend, yeah you will find something different, but not really better.
The prices in the last 6 months have fallen through the fall for every marque, the fact you can buy a 6 month old M3 with 19's and EDC for under £40k now just shows this, but I don't think things are going to get worse.
If you are looking to upgrade then now is a good time, even if you only get £14k for yours you may be saving £8k on the next toy. It is a pain for those that are downgrading or want to change and owe more on finance than the car is worth, but for those who are upgrading it can only help.
noumenon said:
Much higher mileage, no smg and povety spec.Vixpy1 said:
noumenon said:
Much higher mileage, no smg and povety spec.dadofbud said:
This has turned into the most depressing topic I have ever read, true but depressing
Because prices have dropped? It's a good thing if you want to get into the market or want to move up. Only a bad thing if you want out or to trade down or buy new.Imagine your car is worth 10k and you want to move to a 20k car. It costs you 10k.
There's a sudden 20% hit in the market. Your caris now worth 8k and the one you want 16k. Now to change it costs you 8k.
Same with house prices. I'd like to move from a sub-penthouse to a penthouse. A housing crash would make this a much cheaper proposition.
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