CSL's moving up in price?
Discussion
Is it me, of are CSL's now creeping up in price!
Kinda sucks, was hoping to get into one reasonably soon. I have the normal M3 and love it, so was hoping to jump into the CSL instead of going to the V8. But i keep noticing the prices creeping higher and higher, like towards the higher end of the 20's and into the 30's
There were always ones in the 30's with super low mileage, but even the not so low mileage ones are up into the high 20's now, and even the mega high mile ones are in the 20's.
Late least year i thought you could get one 60k for 20k dead on. Which was the price range i was looking at, with the CAT D'c and D' and the high miles ones high teens.
Im hearing of quite a few of these cars going to Europe now too, from a quick glance at CSL board, 2 have gone to Germany fairly recently.
Gutted! i wanted one, but looks like im priced out of it now. Shame!
Kinda sucks, was hoping to get into one reasonably soon. I have the normal M3 and love it, so was hoping to jump into the CSL instead of going to the V8. But i keep noticing the prices creeping higher and higher, like towards the higher end of the 20's and into the 30's
There were always ones in the 30's with super low mileage, but even the not so low mileage ones are up into the high 20's now, and even the mega high mile ones are in the 20's.
Late least year i thought you could get one 60k for 20k dead on. Which was the price range i was looking at, with the CAT D'c and D' and the high miles ones high teens.
Im hearing of quite a few of these cars going to Europe now too, from a quick glance at CSL board, 2 have gone to Germany fairly recently.
Gutted! i wanted one, but looks like im priced out of it now. Shame!
Went tyre kicking yesterday and amongst others I popped into Hexagon. They have an 04 grey CSL. Beautiful and if I didn't have an M5 on order I would have been sorely tempted...!
http://www.hexagon-bmw.co.uk/approved-used-bmw/bmw...
http://www.hexagon-bmw.co.uk/approved-used-bmw/bmw...
Hi,
Please don't forget;
Asking prices are NOT the same as selling prices.
The E46 CSL has and is always going to be sought after due to the very few made and over 'time' the asking prices or 'values' are going to rise as a trend over X number of years etc. Perhaps as this year they'll all be 10 years old means 'asking prices' have risen by those thinking of selling and those just putting an advert out with a higher price to see if anyone 'bites'.
Another factor is that there's also less of the buying public and enthusiasts who are capable of running a big engined, thirsty car that's expensive to insure and run correctly. So from that aspect, selling prices should actually be lower. Those owners who can afford to 'sit on their cars' and run them etc will do so of course.
As the UK's economy will likely remain in the doldrums for the next 3-5 years, conventional 'pricing and values' of cars (and other luxury goods) will be very hard to predict etc and away from very limited edition cars like the CSL, there's many many bargains to be had as owners circumstances change and car's need to be sold off quick etc.
cheers, Dennis!
Please don't forget;
Asking prices are NOT the same as selling prices.
The E46 CSL has and is always going to be sought after due to the very few made and over 'time' the asking prices or 'values' are going to rise as a trend over X number of years etc. Perhaps as this year they'll all be 10 years old means 'asking prices' have risen by those thinking of selling and those just putting an advert out with a higher price to see if anyone 'bites'.
Another factor is that there's also less of the buying public and enthusiasts who are capable of running a big engined, thirsty car that's expensive to insure and run correctly. So from that aspect, selling prices should actually be lower. Those owners who can afford to 'sit on their cars' and run them etc will do so of course.
As the UK's economy will likely remain in the doldrums for the next 3-5 years, conventional 'pricing and values' of cars (and other luxury goods) will be very hard to predict etc and away from very limited edition cars like the CSL, there's many many bargains to be had as owners circumstances change and car's need to be sold off quick etc.
cheers, Dennis!
with respect though Denis, the E46 M3 CSL is not a big thirsty car.
Under normal conditions mine averaged >24mpg. On long runs, sitting at motorway speeds, 32mpg+ could be achieved.
I could drive from London to Amsterdam on one tank of fuel (63 litres), or London to Nürburgring, or Amsterdam to Nürburgring.
The first two route, are over 400 miles. The last one is 200 miles, but around half of that is on destricted autobahn, where the CSL would get vmaxed.
Sure, its now Golf diesel, but its economy is easy to live with.
There are a few, relatively pricey things which can go wrong with CSLs, but you can still for less than 10% of the cost of the car insure against that with the Mondial warranty. (i.e. its 1-2K/yr for the warranty).
However, if you choose not to go the warranty route, there are specialists who can fix most of the things which can go wrong for way less than main dealers, they're easy cars to work on, and the high degree of commonality with other M3s makes finding of most parts relatively straight forward
It is also a rare car, which will help with values, and will only get more so so I genuinely think prices are rising.
I sold mine back in 2009, for £24-25K (I can't remember exactly how much), and can't see a car as nice as mine for under £30K now.
There's also far fewer on sale than a few years ago will firm the prices up further.
I'm saying this with no hidden agenda, my CSL is long gone, but I think for those who wait, prices will only go in one direction.
Under normal conditions mine averaged >24mpg. On long runs, sitting at motorway speeds, 32mpg+ could be achieved.
I could drive from London to Amsterdam on one tank of fuel (63 litres), or London to Nürburgring, or Amsterdam to Nürburgring.
The first two route, are over 400 miles. The last one is 200 miles, but around half of that is on destricted autobahn, where the CSL would get vmaxed.
Sure, its now Golf diesel, but its economy is easy to live with.
There are a few, relatively pricey things which can go wrong with CSLs, but you can still for less than 10% of the cost of the car insure against that with the Mondial warranty. (i.e. its 1-2K/yr for the warranty).
However, if you choose not to go the warranty route, there are specialists who can fix most of the things which can go wrong for way less than main dealers, they're easy cars to work on, and the high degree of commonality with other M3s makes finding of most parts relatively straight forward
It is also a rare car, which will help with values, and will only get more so so I genuinely think prices are rising.
I sold mine back in 2009, for £24-25K (I can't remember exactly how much), and can't see a car as nice as mine for under £30K now.
There's also far fewer on sale than a few years ago will firm the prices up further.
I'm saying this with no hidden agenda, my CSL is long gone, but I think for those who wait, prices will only go in one direction.
Stingercut said:
Had a look myself at that Hexagon grey CSL a few weeks ago and it was £38k, so they have dropped it a bit. It had pride of place in the showroom too, despite there being some genuine race cars present.
Yep still has that pride of place amongst three generations of M5, a Z8 and a 1M! I can't help thinking a decent looked after CSL might just do what the Z8s have done recently. I shrewd investment purchase I'd say!
I'd agree with the comments from cpufreak relating to how CSLs are indeed pretty decent on fuel consumption. I have been pleasantly surprised with my CSL.
In terms of whether CSLs are moving up in price, I'd say there has been a gentle upwards movement in the last 12 months in terms of asking price. I expect this will continue, but who knows.
The cslregister forum, a brilliant resource for interested parties, has had a lot of posts recently from folks actively looking for CSLs. I have not seen demand as high as it is now.
In terms of whether CSLs are moving up in price, I'd say there has been a gentle upwards movement in the last 12 months in terms of asking price. I expect this will continue, but who knows.
The cslregister forum, a brilliant resource for interested parties, has had a lot of posts recently from folks actively looking for CSLs. I have not seen demand as high as it is now.
I go on csl register periodally I guess, they seem to have all been sold, or too expensive!
I have.noticed more and more people looking for them, not sure why to be honest...... Maybe same reason as me, depreciation free motoring in a sweet car.
My only issue is that as these rise in price I wint be able to afford one unless I get very lucky!
I suppose its quite gutting to miss out on one, if I do but its looking that I wil as owners are sending them off to the euros.
I have.noticed more and more people looking for them, not sure why to be honest...... Maybe same reason as me, depreciation free motoring in a sweet car.
My only issue is that as these rise in price I wint be able to afford one unless I get very lucky!
I suppose its quite gutting to miss out on one, if I do but its looking that I wil as owners are sending them off to the euros.
I go on csl register periodally I guess, they seem to have all been sold, or too expensive!
I have.noticed more and more people looking for them, not sure why to be honest...... Maybe same reason as me, depreciation free motoring in a sweet car.
My only issue is that as these rise in price I wint be able to afford one unless I get very lucky!
I suppose its quite gutting to miss out on one, if I do but its looking that I wil as owners are sending them off to the euros.
Oh
I have.noticed more and more people looking for them, not sure why to be honest...... Maybe same reason as me, depreciation free motoring in a sweet car.
My only issue is that as these rise in price I wint be able to afford one unless I get very lucky!
I suppose its quite gutting to miss out on one, if I do but its looking that I wil as owners are sending them off to the euros.
Oh
Hi,
CPUFreak - I agree with you, that for 'enthusiasts' the M3 isn't such a big engined/thirsty car in the grand scheme of things. However, although it's much harder to 'pinpoint' the following, I think you'll get my 'gist'
Car 'enthusiasts' make up a very small proportion of the motoring population in the UK. I don't know 'exact' figures of course, but for the sakes of helping to illustrate the point, lets say 10% of the motoring public are 'enthusiasts'. This catagory will then include many marques and brands of cars, so the BMW contingent will be small although one of the 'largest' group within that 'enthusiast' section. So for us (them), the M3 isn't so expensive etc.
However do keep in mind, that there's probably many times over people out there who aren't 'enthusiasts' and who can afford such a car, as well as others from the likes of Porsche, Ferrari etc etc. Those people will buy cars simply because they 'can' - and they do ! I have quite a number of friends like this, with some nice metal nestling in their garages and driveways - but I wouldn't call them 'enthusiasts' at all. Then there's the rest of the population, who don't give a hoot about 'cars' and to them, anything more than a 1.6/1.8 litre car is a 'big fuel guzzler' - this section of the motoring public is vast! I'd say 85-90% of the motoring public out there.
Even in the 'good days' when money was more 'plentiful' lets say (forget that a lot was borrowed etc!) values of big executive cars, mainstream performance models etc dropped quite steeply - add on in recent years the increase in the price of petrol, insurance, maintenence & parts, these kinds of cars really have begun to drop in value and selling prices even more! The 'rare' models, like the CSL, will of course appeal to more potential 'enthusiasts' than there are examples and that's what'll keep selling prices / values high or going up over time.
Cheers, Dennis!
CPUFreak - I agree with you, that for 'enthusiasts' the M3 isn't such a big engined/thirsty car in the grand scheme of things. However, although it's much harder to 'pinpoint' the following, I think you'll get my 'gist'
Car 'enthusiasts' make up a very small proportion of the motoring population in the UK. I don't know 'exact' figures of course, but for the sakes of helping to illustrate the point, lets say 10% of the motoring public are 'enthusiasts'. This catagory will then include many marques and brands of cars, so the BMW contingent will be small although one of the 'largest' group within that 'enthusiast' section. So for us (them), the M3 isn't so expensive etc.
However do keep in mind, that there's probably many times over people out there who aren't 'enthusiasts' and who can afford such a car, as well as others from the likes of Porsche, Ferrari etc etc. Those people will buy cars simply because they 'can' - and they do ! I have quite a number of friends like this, with some nice metal nestling in their garages and driveways - but I wouldn't call them 'enthusiasts' at all. Then there's the rest of the population, who don't give a hoot about 'cars' and to them, anything more than a 1.6/1.8 litre car is a 'big fuel guzzler' - this section of the motoring public is vast! I'd say 85-90% of the motoring public out there.
Even in the 'good days' when money was more 'plentiful' lets say (forget that a lot was borrowed etc!) values of big executive cars, mainstream performance models etc dropped quite steeply - add on in recent years the increase in the price of petrol, insurance, maintenence & parts, these kinds of cars really have begun to drop in value and selling prices even more! The 'rare' models, like the CSL, will of course appeal to more potential 'enthusiasts' than there are examples and that's what'll keep selling prices / values high or going up over time.
Cheers, Dennis!
shibby! said:
I go on csl register periodally I guess, they seem to have all been sold, or too expensive!
I have.noticed more and more people looking for them, not sure why to be honest...... Maybe same reason as me, depreciation free motoring in a sweet car.
My only issue is that as these rise in price I wint be able to afford one unless I get very lucky!
I suppose its quite gutting to miss out on one, if I do but its looking that I wil as owners are sending them off to the euros.
Oh
BMW will never make any more, so they won't get cheaper!I have.noticed more and more people looking for them, not sure why to be honest...... Maybe same reason as me, depreciation free motoring in a sweet car.
My only issue is that as these rise in price I wint be able to afford one unless I get very lucky!
I suppose its quite gutting to miss out on one, if I do but its looking that I wil as owners are sending them off to the euros.
Oh
Bite the bullett & get one, its worth it.
Someone will come along in a minute with the full list, but in short : front bumper, rear spoiler, front carbon splitters, carbon roof, front carbon door cards (5k each...), front recaro alcantara bucket seats, rear seats, alcantara steering wheel, rear diffuser, carbon centre console and of course the carbon airbox and induction system.
0836whimper said:
Someone will come along in a minute with the full list, but in short : front bumper, rear spoiler, front carbon splitters, carbon roof, front carbon door cards (5k each...), front recaro alcantara bucket seats, rear seats, alcantara steering wheel, rear diffuser, carbon centre console and of course the carbon airbox and induction system.
Exhaust and catsEngine with cams
Raer CF side cards
Thinner rear glass
CSLRims and cups maybe
On top of standard m3 bits make it about £16-18k selling parts and that's long up.
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