E63 BMW M6 running in service/ Long term values
Discussion
Evening guys,
In strong negotiation over the potential purchase of a 2006 E63 M6.
The car ticks all the right boxes. 35,000 miles, 2 previous owners and FBMWSH.
My one concern is that this particular car didn't have its running in service until 3k miles. Should this be a point of concern?
I've owned an E46 M3 previously, and I've always read that the running in services on M cars are to take place within the first 1,000 miles. I know this was particularly important on the E46's, as these cars required an oil change at around 1200 miles which preserved their health long term.
On another note. I've been a firm believer for quite sometime now that both the E60 M5 and E63 M6 models may even start to appreciate slightly. Certainly I don't think values will drop much below what they are now.
I think this maybe the case as the new V8 models just aren't receiving the acclaim that the V10 cars did at launch. Not only are they soulless to drive, but they miss that incredible wall of noise that the V10's so richly deliver. Coupled with the fact that there are only circa of 60 E63 M6's currently for sale in the UK (across PH and autotrader), only adds to their exclusivity, and the desire of owners to keep hold of them.
Values on both cars already seem to have bottomed out - an M6 could have been snapped up for 14.5k a few months back - you can't find one for less than 17k now, and cars in this price bracket are 70,000 + milers!!
Be interested to know your thoughts on both points.
Cheers,
Oli
In strong negotiation over the potential purchase of a 2006 E63 M6.
The car ticks all the right boxes. 35,000 miles, 2 previous owners and FBMWSH.
My one concern is that this particular car didn't have its running in service until 3k miles. Should this be a point of concern?
I've owned an E46 M3 previously, and I've always read that the running in services on M cars are to take place within the first 1,000 miles. I know this was particularly important on the E46's, as these cars required an oil change at around 1200 miles which preserved their health long term.
On another note. I've been a firm believer for quite sometime now that both the E60 M5 and E63 M6 models may even start to appreciate slightly. Certainly I don't think values will drop much below what they are now.
I think this maybe the case as the new V8 models just aren't receiving the acclaim that the V10 cars did at launch. Not only are they soulless to drive, but they miss that incredible wall of noise that the V10's so richly deliver. Coupled with the fact that there are only circa of 60 E63 M6's currently for sale in the UK (across PH and autotrader), only adds to their exclusivity, and the desire of owners to keep hold of them.
Values on both cars already seem to have bottomed out - an M6 could have been snapped up for 14.5k a few months back - you can't find one for less than 17k now, and cars in this price bracket are 70,000 + milers!!
Be interested to know your thoughts on both points.
Cheers,
Oli
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