£10k E46 M3 vs £20k E92 335D M-Sport costs?
Discussion
Hi folks,
Does any have an idea how much a "£10k 2003 M3 with about 60k on the clock vs a £20k 2008 E92 335d M-Sport with about 40k on the clock" will cost over 2-3 years and 40k - 60k miles? Depreciation, servicing, fuel, tyres, and any thing else I have forgot.
I have had a M3 before and has probably been my favourite car. I've also been looking at my some of these high performance diesel leases, such as the 640d so, just trying to work out what would be most cost effective overall. Can I really justify 300+ bhp cars that only do 20 mpg when you can get diesels that have about the same horsepower but 150% better fuel consumption?
All your advice and knowledge would be greatly appreciated. Thanks in advance.
Does any have an idea how much a "£10k 2003 M3 with about 60k on the clock vs a £20k 2008 E92 335d M-Sport with about 40k on the clock" will cost over 2-3 years and 40k - 60k miles? Depreciation, servicing, fuel, tyres, and any thing else I have forgot.
I have had a M3 before and has probably been my favourite car. I've also been looking at my some of these high performance diesel leases, such as the 640d so, just trying to work out what would be most cost effective overall. Can I really justify 300+ bhp cars that only do 20 mpg when you can get diesels that have about the same horsepower but 150% better fuel consumption?
All your advice and knowledge would be greatly appreciated. Thanks in advance.
Meh, I'm bored enough...
Fuel:
335d - 50k miles at 40mpg = 1250 gallons of diesel at 1.40 a litre = roughly £8000
M3 - 50k miles at 18mpg = 2800 gallons of petrol at 1.30 a litre = roughly £16000
Depreciation:
335d - assuming it follows roughly the trend of older large engined diesel 3-series, I'd guess it'll lose about 60% of its value at that mileage, so say 12k in depreciation.
M3 - that mileage will hurt but it's an M3... maybe 4k?
So that'd be 8000+12000 for the diesel and 16000+4000 for the M3, which is conveniently the same (not that I massaged the figures to achieve that).
I don't know about the other costs, but I suspect they'll be relatively small compared to the fuel and depreciation. Certainly small enough to be easily overcome by the chance to run an M3 instead of a tractor.
Fuel:
335d - 50k miles at 40mpg = 1250 gallons of diesel at 1.40 a litre = roughly £8000
M3 - 50k miles at 18mpg = 2800 gallons of petrol at 1.30 a litre = roughly £16000
Depreciation:
335d - assuming it follows roughly the trend of older large engined diesel 3-series, I'd guess it'll lose about 60% of its value at that mileage, so say 12k in depreciation.
M3 - that mileage will hurt but it's an M3... maybe 4k?
So that'd be 8000+12000 for the diesel and 16000+4000 for the M3, which is conveniently the same (not that I massaged the figures to achieve that).
I don't know about the other costs, but I suspect they'll be relatively small compared to the fuel and depreciation. Certainly small enough to be easily overcome by the chance to run an M3 instead of a tractor.
Edited by kambites on Monday 6th February 20:20
If you mean 40-60k miles in total, I'd say that E46 could cause you a lot of trouble and be near worthless (saw a high miler E46 M3 for £5.5k the other say!) when you come to sell it.
The 335d will clearly drop a lot and values seem to be tumbling (boo hoo!) since the new one was announced but it should be reliable, is a much more modern car and will be cheap to run - try and get an efficient dynamics one for very cheap road tax too (ours is pre 2008 and about £225 a year I think - ED ones are a fair bit less).
But try one first - you might not like it's power delivery. Make sure you put the gearbox into Sport though or you'll miss out on a lot of the performance!
Also bear in mind that the SE E92 has most of the M Sport parts - sports seats, staggered wheels, M Sports suspension (unlike the E90 or E91) so worth looking at - they are always better value.
The 335d will clearly drop a lot and values seem to be tumbling (boo hoo!) since the new one was announced but it should be reliable, is a much more modern car and will be cheap to run - try and get an efficient dynamics one for very cheap road tax too (ours is pre 2008 and about £225 a year I think - ED ones are a fair bit less).
But try one first - you might not like it's power delivery. Make sure you put the gearbox into Sport though or you'll miss out on a lot of the performance!
Also bear in mind that the SE E92 has most of the M Sport parts - sports seats, staggered wheels, M Sports suspension (unlike the E90 or E91) so worth looking at - they are always better value.
WEHGuy said:
Gruber said:
...and if you're moderately sensible you can easily get a e46 M3 to return mid-20s
A clear winner!
I wasn't getting anywhere near that.A clear winner!
50K miles in an older M3 based on my costs and assuming you didn't pay the £80 a month warranty:
Probably approx Inspection 1 and 2 and two oil services plus three MOTs (£2000), Two sets of rear springs (£400), lots of bushes replaced (£400), Disks and Pads all round possibly twice depending on condition when bought (£1000), Four sets of tyres (£3000), Averaged 26mpg in mine so £10500 on fuel, Fund for bits and pieces (rust, wheel refurb, alternator, aux belts, battery, wipers, differential seals, brake pipes etc. £2000), £700 on road tax if it is pre 2003/4 cut off
Approx Cost for 3 years and 50k miles would be £20000 + £5k depreciation.
Probably approx Inspection 1 and 2 and two oil services plus three MOTs (£2000), Two sets of rear springs (£400), lots of bushes replaced (£400), Disks and Pads all round possibly twice depending on condition when bought (£1000), Four sets of tyres (£3000), Averaged 26mpg in mine so £10500 on fuel, Fund for bits and pieces (rust, wheel refurb, alternator, aux belts, battery, wipers, differential seals, brake pipes etc. £2000), £700 on road tax if it is pre 2003/4 cut off
Approx Cost for 3 years and 50k miles would be £20000 + £5k depreciation.
Edited by Crusoe on Tuesday 7th February 11:59
Vladimir said:
If you mean 40-60k miles in total, I'd say that E46 could cause you a lot of trouble and be near worthless (saw a high miler E46 M3 for £5.5k the other say!) when you come to sell it.
Slightly off topic, but how high a mileage M3 was that at that price? A workmate of mine has a 02-reg E46 M3 with 188k on the clock! He was offered £3,000 part exchange for it against an Audi S4 - he's hoping to sell it for £4,500-£5,000 privately and i think it will easily go for that - it's in good condition, although certainly not mint.I always knew he had one, but had no idea it was so high mileage. Thats got to be one of the highest miler M3s out there!
Got to be the M3. On paper, there's approx 10-15mpg difference between the two cars. However, in my experience, my 535d returned 32mpg. My M3 returns 27mpg doing the same journeys. Absolute no brainer. M3 every time. Both M3 and 335d will throw up some hefty service bills. Don't think there would be much in it over a few years. Both cars have their horror stories 
I'd look at it this way. In absolute terms, the M3 could lose £10k, the 335d could lose £20k. They won't, of course, but realistically I'd expect the M3 will depreciate more slowly than the 335d, at least in monetary terms. I'd wager that the 335d will lose double what the M3 would in capital value terms.
I'd take the M3. Funny that........
I'd look at it this way. In absolute terms, the M3 could lose £10k, the 335d could lose £20k. They won't, of course, but realistically I'd expect the M3 will depreciate more slowly than the 335d, at least in monetary terms. I'd wager that the 335d will lose double what the M3 would in capital value terms.
I'd take the M3. Funny that........
kambites said:
Meh, I'm bored enough...
Fuel:
335d - 50k miles at 40mpg = 1250 gallons of diesel at 1.40 a litre = roughly £8000
M3 - 50k miles at 18mpg = 2800 gallons of petrol at 1.30 a litre = roughly £16000
Depreciation:
335d - assuming it follows roughly the trend of older large engined diesel 3-series, I'd guess it'll lose about 60% of its value at that mileage, so say 12k in depreciation.
M3 - that mileage will hurt but it's an M3... maybe 4k?
So that'd be 8000+12000 for the diesel and 16000+4000 for the M3, which is conveniently the same (not that I massaged the figures to achieve that).
I don't know about the other costs, but I suspect they'll be relatively small compared to the fuel and depreciation. Certainly small enough to be easily overcome by the chance to run an M3 instead of a tractor.
I think you will have to drive an M3 like a hire car to get 18mpg.Fuel:
335d - 50k miles at 40mpg = 1250 gallons of diesel at 1.40 a litre = roughly £8000
M3 - 50k miles at 18mpg = 2800 gallons of petrol at 1.30 a litre = roughly £16000
Depreciation:
335d - assuming it follows roughly the trend of older large engined diesel 3-series, I'd guess it'll lose about 60% of its value at that mileage, so say 12k in depreciation.
M3 - that mileage will hurt but it's an M3... maybe 4k?
So that'd be 8000+12000 for the diesel and 16000+4000 for the M3, which is conveniently the same (not that I massaged the figures to achieve that).
I don't know about the other costs, but I suspect they'll be relatively small compared to the fuel and depreciation. Certainly small enough to be easily overcome by the chance to run an M3 instead of a tractor.
Edited by kambites on Monday 6th February 20:20
I dont get less than 25mpg driving to work 20 miles very quickly.
nottyash said:
kambites said:
Meh, I'm bored enough...
Fuel:
335d - 50k miles at 40mpg = 1250 gallons of diesel at 1.40 a litre = roughly £8000
M3 - 50k miles at 18mpg = 2800 gallons of petrol at 1.30 a litre = roughly £16000
Depreciation:
335d - assuming it follows roughly the trend of older large engined diesel 3-series, I'd guess it'll lose about 60% of its value at that mileage, so say 12k in depreciation.
M3 - that mileage will hurt but it's an M3... maybe 4k?
So that'd be 8000+12000 for the diesel and 16000+4000 for the M3, which is conveniently the same (not that I massaged the figures to achieve that).
I don't know about the other costs, but I suspect they'll be relatively small compared to the fuel and depreciation. Certainly small enough to be easily overcome by the chance to run an M3 instead of a tractor.
I think you will have to drive an M3 like a hire car to get 18mpg.Fuel:
335d - 50k miles at 40mpg = 1250 gallons of diesel at 1.40 a litre = roughly £8000
M3 - 50k miles at 18mpg = 2800 gallons of petrol at 1.30 a litre = roughly £16000
Depreciation:
335d - assuming it follows roughly the trend of older large engined diesel 3-series, I'd guess it'll lose about 60% of its value at that mileage, so say 12k in depreciation.
M3 - that mileage will hurt but it's an M3... maybe 4k?
So that'd be 8000+12000 for the diesel and 16000+4000 for the M3, which is conveniently the same (not that I massaged the figures to achieve that).
I don't know about the other costs, but I suspect they'll be relatively small compared to the fuel and depreciation. Certainly small enough to be easily overcome by the chance to run an M3 instead of a tractor.
Edited by kambites on Monday 6th February 20:20
I dont get less than 25mpg driving to work 20 miles very quickly.
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