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screwloose

Original Poster:

565 posts

88 months

[news] 
Sunday 6th November 2011 quote quote all
Just interested to get the general consensus on where prices of E46 CSLs is going in the future.
Obviously I appreciate there are many variables but I'd be interested in your thoughts based on whatever you like really. (low mileage/high mileage, standard/modified, value in a year, 2 years, 5 years. Whatever.

Ta

Yanto

477 posts

91 months

[news] 
Sunday 6th November 2011 quote quote all
Two markets develop...

30K+ mile cars (which people will continue to buy and drive)
Sub 30K mile cars (which people will buy and not drive)

Over next 3 years, unlikely to get a sub £20K car unless Cat D or +100K miles.

In 3 years, car will be 10 years old and you'll not be able to have an extended warranty (I dont think...).

Value of high mile cars (perceived likely to go wrong more) will sink slightly because of this or turned into track slags. If price drops to £15K mark, some may even be stripped and sold for parts as parts demand increases with age of car.

Breaking of higher mileage cars (together with natural "attrition" of others into Nordschleife barriers) reduces overall numbers, which obviously were not high in the first place. Low mileage cars will begin rising in value at an attractive rate (as per E30 sport evo) as folks realise its really not just an E46 M3 in drag :-) (except of course the black ones, which science will eventually prove are slower).

Expect a 20K mile CSL in 2015 for £40K+ (not adjusted for inflation).

(Assuming of course the Euro doesnt collapse and the Brits flood mainland Europe to scoop up all the LHD cars available for £2.50 biggrin)

So, depending on your perspective:

Car Enthusiast ? Buy a +30K mile, track it, enjoy it and you'll lose very little - magnificent cars.
Investor? Buy a low miler for a good price and you'll likely make on it in +5 years with limited use
Car enthusiast Investor ? Buy one of each - best of both worlds !

HTH thumbup

olly22n

13,657 posts

89 months

[news] 
Sunday 6th November 2011 quote quote all
The investor bit won't work, as you can't put miles on them. Which, is infact, impossible.

I am finding mine a perfect daily partner and struggle to leave it on the drive.

JFDI

Vroomer

1,004 posts

63 months

[news] 
Monday 7th November 2011 quote quote all
Yanto said:
Predicts the future...
What are Wednesday's lottery numbers?

wink

Yanto

477 posts

91 months

[news] 
Monday 7th November 2011 quote quote all
Vroomer said:
What are Wednesday's lottery numbers?

wink
You have PM.

And that thing you've been worried about.....yes, you should get it checked hehe


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AliV6

642 posts

71 months

[news] 
Wednesday 21st December 2011 quote quote all
Mileage isn't a factor for AUC Warranty. It could be 200k and providing it has FSH Mondial will cover you. (Won't be cheap though!!)

Pip1968

412 posts

87 months

[news] 
Sunday 8th January 2012 quote quote all
Personally I cannot see prices on CSLs climbing for a good five years plus or so although I would love to be proved wrong. I also cannot imagine there will be too many sub 20k mile examples around aside from those already in cold storage.

I think sub 40k miles is probably more of an attainable level of mileage and therefore special group with these cars as they are now approaching 8/9 years old. When did the e30 start to reach its peak price wise, after 15 years so in which case the e46 CSL should be good to go in 2018.

Just buy and enjoy. Prices have been around the £25-30,000 for the last three years and will hopefully remain so.

Pip

shim

1,784 posts

91 months

[news] 
Sunday 8th January 2012 quote quote all
I think you are right generally and 5-10 years is my guess BUT I think you wil find prices of the lowest mileage cars are rising already from late 2009 and as lower mileage cars get rarer more will start to rise so it won't be a suddenly thing but a gradual drip down to the mid and high mileage cars.

Vroomer

1,004 posts

63 months

[news] 
Sunday 8th January 2012 quote quote all
AliV6 said:
Mileage isn't a factor for AUC Warranty. It could be 200k and providing it has FSH Mondial will cover you. (Won't be cheap though!!)
I thought AUC warranties were capped at 100k miles??

Pip1968

412 posts

87 months

[news] 
Monday 9th January 2012 quote quote all
I think you would be right aside from of course something owned prior to the 100,000 miles mark which might fall into the gap:-

"Please note that Comprehensive Insured Warranty is not available for vehicles with over 100,000 mileage (at the time of purchasing the warranty)."

Link here: http://www.bmw-warranty.co.uk/Pages/Information.as...

Pip

shim

1,784 posts

91 months

[news] 
Monday 9th January 2012 quote quote all
So if you buy the car and put on warranty before 100k miles you can carry on forever (assuming you do monthly and not annual warranty, as annual one needs renewing every year)

tali1

4,530 posts

84 months

[news] 
Tuesday 10th January 2012 quote quote all
I suppose the rarer Black ones are worth more?
What about rare basic non optioned cars?
Last of line 54 reg in Black would be ultimate combo to seek out for me (i had the dosh)

olly22n

13,657 posts

89 months

[news] 
Tuesday 10th January 2012 quote quote all
tali1 said:
I suppose the rarer Black ones are worth more?
What about rare basic non optioned cars?
Last of line 54 reg in Black would be ultimate combo to seek out for me (i had the dosh)
SG seems to have the edge on blick.

They were all built at the same time so unless you want a 54 plate for another reason I wouldn't let it affect my search criteria.

golfer99

387 posts

61 months

[news] 
Tuesday 10th January 2012 quote quote all
Black or Grey all down to personal preference , when I bought mine I actually found that grey was more expensive
But I am biased toward grey as that is what I bought !

cslwannabe

634 posts

52 months

[news] 
Tuesday 10th January 2012 quote quote all
I'd want a 2004 registered car so there is still some corrosion warranty (12 years as opposed to 6 years for 2003 registered CSLs), as my E46 (330Ci) was a rustbucket.

Pazuzu

130 posts

119 months

[news] 
Tuesday 10th January 2012 quote quote all
I didn't know that - glad mine is a 2004 now smile

Cheers,

Phil


EVLXGE

1,603 posts

92 months

[news] 
Tuesday 10th January 2012 quote quote all
cslwannabe said:
I'd want a 2004 registered car so there is still some corrosion warranty (12 years as opposed to 6 years for 2003 registered CSLs), as my E46 (330Ci) was a rustbucket.
I didnt know that either...so if your CSL was registered in 03 you got 6 years cover but if it wasnt registed until 04 you got 12 years?? Even though they were built at the same time? Or have I read that wrong?

Probably less common to come across CSL's with rust issues, the type of usage most get means its likley most will have spent a fair bit of time garaged....

Thankfully mine is an 04 and has no rust problems.... biggrin

tali1

4,530 posts

84 months

[news] 
Tuesday 10th January 2012 quote quote all
olly22n said:
tali1 said:
I suppose the rarer Black ones are worth more?
What about rare basic non optioned cars?
Last of line 54 reg in Black would be ultimate combo to seek out for me (i had the dosh)
SG seems to have the edge on blick.

They were all built at the same time so unless you want a 54 plate for another reason I wouldn't let it affect my search criteria.
I would have black simply for rarity -even though Silver is more popular ( i think Black cars will overtake Silver in future prices)
54 reg -seems only a handful were registered in 2005 - nice to have that added exclusivity - but that's just me smile

shim

1,784 posts

91 months

[news] 
Tuesday 10th January 2012 quote quote all
cslwannabe said:
I'd want a 2004 registered car so there is still some corrosion warranty (12 years as opposed to 6 years for 2003 registered CSLs), as my E46 (330Ci) was a rustbucket.
Yep, anybody not sure you can check wording in Service Booklet as 2003/2004 are different.

But as said before you tend to find most CSLs spend much time inside or under cover or even SORN in winter

Yanto

477 posts

91 months

[news] 
Tuesday 10th January 2012 quote quote all

overtake in price perhaps but never on track....

It's widely accepted by owners that the black cars are slower. Something to do with paint density....

tali1 said:
I would have black simply for rarity -even though Silver is more popular ( i think Black cars will overtake Silver in future prices)
54 reg -seems only a handful were registered in 2005 - nice to have that added exclusivity - but that's just me smile
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