F82 M4 Values

[malucnojes]

I like many of you keep an eye on the value of my car and had to laugh today when I received my latest 'Yippee! Your valuation has arrived' email from WBAC... it would appear that it's lost about £10k in the last 6 months!

For context, it's a 2019 car, fully loaded with ultimate pack and 27k miles, with the latest valuation coming in at £24.5k! I've got no plans to sell it anytime soon but it does look like interest rates and insurance costs are really starting to hit prices.

I also wonder when this will be reflected in the price sellers are asking as the cheapest equivalent car on Autotrader is still £37k.

Therefore wondering what other peoples experiences are?

[malucnojes]

MitchT said:

I'm looking for an F32 440i but have my eye on F82 M4s as well in case a unicorn appears at an irresistible price. My criteria on Auto Trader is 2019, Competition, 35K miles max and £35k max. Since I started looking there has been the odd one, but in recent weeks there has been at least five showing at any given moment, so prices are definitely softening a little. £24.5k is comical though!

Tell me about it, looks like a £8-10k margin for some lucky dealers! Good luck with the search, they're awesome cars so you won't regret it.

[malucnojes]

Stephen-733s2 said:

I’m in the opposite position so to speak, as looking to buy a previous mark RS6. People are saying the same in the RS6 forums - wbac prices are now a joke etc. it’s based on several things for me. WBAC is just what dealers are likely to offer you. Reason they’ve dropped imo on that side is I’ve been watching lots of RS6s over the last 2-3 months and none of them have sold. Most of them have had price reductions and still not sold. So dealers probably don’t want anymore stock of things like the M3/M4/RS4/RS6 as they’re just not shifting much. I also think people have invested a lot in their stock as a dealer or not being realistic of current values as private buyers and either don’t won’t to or can’t afford to take such a loss to sell them.
I traded my M4 in for 29k at the start of August through Motorway. It went on the dealers site at 35. September time dropped to 34k. October dropped to 32k. Sold last week but I obviously don’t know what for. But max they made was 3k less warranty/prep costs.
Motorway are now offering 24k for my old car btw.

I think you’re right, it’s almost like we’ve been playing musical chairs with cars and now it’s stopped… of well, I could be stuck something a lot worse!

Be interesting what impact it has on Car Finance companies with lots of PCPs on their books as GTVs are going to be so over valued!

[malucnojes]

cerb4.5lee said:

According to Auto Trader I've lost £12.5k on mine(Dec 2018 model) in 2.5 years. Nowhere near as bad as yours OP, but I do think the cost of insurance could become an issue with them as well going forward though.

I don't have plans to sell mine, but I probably will if the insurance ends up getting too daft on it though.

Think you’re right re insurance, I know it’s been debated to death elsewhere but mine doubled in August and then I had another look the other day and it’s gone up another 25% since August if I was renewing right now… not looking forward to next year!