Wanted - The cheapest CSL in town

Wanted - The cheapest CSL in town

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Discussion

MPWR321BHP

Original Poster:

259 posts

219 months

Tuesday 27th August 2013
quotequote all
Understand. To be fair I have the use of the Peugeot, just want to be able to drive the car without worrying about depreciation.

161BMW

1,697 posts

165 months

Tuesday 27th August 2013
quotequote all
Well a M3 CSL as a daily would be far more practical than any 360CS, 996.2 GT3, Noble, Caterham. Maybe SL55 AMG as practical.

OP go for it there is some thing kind of cool using M3 CSL as every day car. Just make sure you research all the running costs, servicing, maintenance, insurance, fuel before buying.

End of the day CSL is very practical but won't be as good as E46 M3 Coupe or E46 M3 CS on the practicality side of things.

0836whimper

975 posts

198 months

Wednesday 28th August 2013
quotequote all
MPWR321BHP said:
Understand. To be fair I have the use of the Peugeot, just want to be able to drive the car without worrying about depreciation.
Sure, but you'll end up worrying about other things.

It doesn't depreciate because it is very rare and has very rare parts. Those parts are expensive and fragile (front carbon bumper, carbon flippers, carbon roof, wheels, Recaro seats, door cards...the list goes on) and not all available to replace. You will drive it in traffic on a slippery winters day wincing that someone will clunk it. Or someone opening their door into it. Or the salt corroding the underside. Or potholes killing the suspension. Or wearing the alcantara seat bolsters getting in and out. Or a rear passenger scratching the seat backs (they are very delicate). Or someone stealing it.

And that's before fuel and wear and tear from dull motorway miles that also depreciate the car.

And if you have loads of money and don't care about all the above, you wouldn't worry about depreciation in the first place.

I'm not saying don't get one (no-one is disappointed with a CSL...for very good reasons) but not as a daily.

cpufreak

478 posts

208 months

Wednesday 28th August 2013
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My CSL was my only car. I used it to move house (well move country to Holland). I used it to move back again a couple of years later. I did hundreds of laps of the nürburgring in it, I took 3 friends to Belgium for the Grand Prix in it. I took my grandparents fishing in it.

Did I worry about damage to it? yes of course - but I also loved driving it all the time, and it was great for every task I put it to.

OP, look down the back of the sofa, take the bus to work for a few months, give up drinking... save up the extra pounds and get yourself one. They are epic cars, and you will love it.

shim

2,050 posts

208 months

Wednesday 28th August 2013
quotequote all
cpufreak said:
My CSL was my only car. I used it to move house (well move country to Holland). I used it to move back again a couple of years later. I did hundreds of laps of the nürburgring in it, I took 3 friends to Belgium for the Grand Prix in it. I took my grandparents fishing in it.

Did I worry about damage to it? yes of course - but I also loved driving it all the time, and it was great for every task I put it to.

OP, look down the back of the sofa, take the bus to work for a few months, give up drinking... save up the extra pounds and get yourself one. They are epic cars, and you will love it.
Mine was a daily for over two years with no issues but I think after 10 years there are fewer and fewer CSL dailys drives around.

MPWR321BHP

Original Poster:

259 posts

219 months

Wednesday 28th August 2013
quotequote all
Luckily at the moment my commute is 30 miles round trip, 3 times a week in nice car.

50 % country lanes, so ideal for the Csl ;-)

0836whimper

975 posts

198 months

Wednesday 28th August 2013
quotequote all
Go for it then. Driving a CSL to the shops is great fun, but you will find it impossible not to produce ridiculous downshift barks at every opportunity. The noises they make are completely addictive.
And your wife will roll her eyes and look at you like you are aged 12...

And if you have to get a second car, you've still got a CSL smile

I've got a set of 18" OEM M3 wheels with winter tyres on for when mine goes out in winter. Grip is excellent, will go anywhere.

glendog74

90 posts

193 months

Wednesday 28th August 2013
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shim said:
Mine was a daily for over two years with no issues but I think after 10 years there are fewer and fewer CSL dailys drives around.
Mine too - never threw up any running issues. Servicing costs are hardly any different to a standard E46 M3 unless you track them...

darreni

3,789 posts

270 months

Wednesday 28th August 2013
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Mine's been a daily for the last couple of years & been great, though not so good with a ruptured L4/L5 disc!

shim

2,050 posts

208 months

Wednesday 28th August 2013
quotequote all
glendog74 said:
Mine too - never threw up any running issues. Servicing costs are hardly any different to a standard E46 M3 unless you track them...
although every time I had a road passenger it never felt quite so compliant (felt I was making excuses for the ride and noise)

MPWR321BHP

Original Poster:

259 posts

219 months

Wednesday 28th August 2013
quotequote all
That was what the Z4M was like, when you were talking you could feel your voice jiggling about like you were on a springy road, my wife grew to hate it.

MPWR321BHP

Original Poster:

259 posts

219 months

Sunday 15th September 2013
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To conclude my investigations and close out my original post. From my discussions with people on PH, and various other registers, you do struggle to get a CSL for less than the 20K mark, unless its gone over the 100K mark, has high owners, and requires money spending on it, like needs a service, tyres and brakes.

It you pay the 25K Plus for the mile low owner, low mileage examples, it would seem you would be getting a nice car, that would seem to hold its value.

The CS cars have been fetching between11 and 15K over the last few months and good quality E46 Standard M3's are looking strong too, so all this IMO would hold the CSL values up, after all they are a limited purpose built car, which I personally adore, regardless of the madness some people think to paying the price tags that they command.

gaz1234

5,233 posts

219 months

Sunday 15th September 2013
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Leins said:
I think the generally held breaking value is around £14-15k unless anyone has any up to date info to the contrary. Strong enough demand for parts in the US too
And suffer from subframe prob.

Terminator X

15,080 posts

204 months

Sunday 15th September 2013
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CSL prices only going one way imho, get a CS or standard M3 and put a carbon airbox on it for a grand or two! It will not be a CSL of course but will sound like it wink

TX.

Leins

9,468 posts

148 months

Monday 16th September 2013
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gaz1234 said:
Leins said:
I think the generally held breaking value is around £14-15k unless anyone has any up to date info to the contrary. Strong enough demand for parts in the US too
And suffer from subframe prob.
Sorry, not sure I follow...

gaz1234

5,233 posts

219 months

Monday 16th September 2013
quotequote all
Leins said:
Sorry, not sure I follow...
dont know why i quoted..

Leins

9,468 posts

148 months

Monday 16th September 2013
quotequote all
gaz1234 said:
dont know why i quoted..
Aha, no probs! smile

As for the subframe, if not cracked then I think it's well worth getting it strengthened as a preventative measure on these now that the goodwill gesture has run out on a lot of CSLs