Opinions...e46 M3 or Megane rs265?
Opinions...e46 M3 or Megane rs265?
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Discussion

Toady1

Original Poster:

1,622 posts

245 months

Monday 15th January 2018
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Hi, I'm looking for opinions here, ideally from people that have had experience of both cars. I'm not selling my M3, but I got in touch with someone that is selling their Renault Megane RS265 Trophy. They've valued theirs at £14k. It is advertised on here.

My M3 is silver grey 69k miles, fsh, 18" wheels, AP Racing 356mm 6 pots, braided hoses all round, GSR carbon CSL style induction, CSL remap, SMG with CSL remap, new clutch, CSL carbon rear diffuser, and pretty mint. It hasn't had the RACP reinforced yet but no issue found to date (last inspected December). It had the HG replaced at 62k as it'd failed, along with Mahle forged pistons, new oem big end bearings, ARP big end bolts, and ARP head studs. Fully poly bushed, car drives flawlessly, is nice and tight and has no issues. I'm not sure what to value it at as the prices are all over the place. I'd make a guess at £14k. Some dealers are trying their luck and attempting to push the values to B5 RS4 money! Can't see it somehow...but if people do buy them then it'll only push prices up!

We all know that the M3's have gone up in value over the last couple of years, and good ones like mine are still climbing or at least holding up in value.

The Renault is lovely, but imo still has a lot of depreciation to do. I've had 2 e46's now, this one is the better of the two, but I've never had a Renault apart from some 5gt turbos back in the day which are a generation apart from a 2011 model rs265!

I'd like opinions on if this is a fair deal etc.

My only concern is I get rid of a nice M3 that'll appreciate, for a car that'll definitely depreciate, and if I want to sell to get back in an M3 as I miss the S54 engine and rwd, then I've done myself over financially. My other thoughts are, I've never tried a meg rs265, it being a Trophy model it should hold its value better, and I may really like it, oh and it's just a car so own it for 6 months then move it on and stop being a big girl!!!

Thoughts please people......

anonymous-user

75 months

Monday 15th January 2018
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I’d keep the M3. The 265 is an awesome hot hatch but still has a LOT of depreciating left to do. You’re kidding yourself if you think it’s going to hold it’s value, downward pressure from the 275 alone will see to that.

If you just fancy a change then fair enough, go for it, YOLO, etc, but financially it’s a poor move.

Leins

10,123 posts

169 months

Monday 15th January 2018
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What about a MINI GP1? £14k will get you a decent one, and it probably should track the "modern classics" market (whatever the future has in store for that). A lot less costly to maintain than an M-car too

blade7

11,311 posts

237 months

Monday 15th January 2018
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charltjr said:
I’d keep the M3. The 265 is an awesome hot hatch but still has a LOT of depreciating left to do.
yes I expect you can buy a Megane every day of the week, good E46 M3's may become harder to find.

Burrito

1,705 posts

241 months

Monday 15th January 2018
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I know it’s not the same, but I went from an RS 225 to an M3 and it was a step up in every sense.

The Renault was an enjoyable and quick hit hatch and probably offered more fun more of the time but the M3 was something else; took more to get the best out of it, but when pushed it just came alive. And the noise. Oh, that noise!

Selling the M3 is my one real car-based regret.

coljoh148

2,154 posts

198 months

Tuesday 16th January 2018
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I sold my immaculate silverstone edition e46 M3 in 2010 and replaced it with a focus RS (puke green one) on a bit of an impulse buy but not a million miles away from your predicament. Only kept the RS for 9 months.

Often wish I still had my m3.

Toady1

Original Poster:

1,622 posts

245 months

Tuesday 16th January 2018
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Thanks chaps for the replies. It all backs up my thoughts and makes me see the sense that it isn't just me being precious towards my M3. I know financially it is going to be a daft move for me!

I kind of did the same with my TVR Tusacn S back in 2013! Sold it for approx £22k, then a year later they were fetching £30k! I really missed my previous M3 and that was no where near as special as this one!

anonymous-user

75 months

Tuesday 16th January 2018
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I love my M3. My earlier advice notwithstanding I'm selling up after running it for a year and I'm going to really miss it, but box ticked now and time to try something else. Does it make financial sense, hell no, but I'm doing it anyway. biggrin

Ahbefive

11,657 posts

193 months

Tuesday 16th January 2018
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The megane is overpriced imo. If it was valued a few thousand lower and you wanted one it might be worth a look.

Its good to try new cars but a test drive would give you a decent feel for it.

Sounds like you have a nice M3, the boot falling out though and giving you a £3k bill could make swapping for a megane the cheaper option in the long run after all.

Toady1

Original Poster:

1,622 posts

245 months

Tuesday 16th January 2018
quotequote all
Ahbefive said:
The megane is overpriced imo. If it was valued a few thousand lower and you wanted one it might be worth a look.

Its good to try new cars but a test drive would give you a decent feel for it.

Sounds like you have a nice M3, the boot falling out though and giving you a £3k bill could make swapping for a megane the cheaper option in the long run after all.
No issues as of yet obvious of 'the boot falling out' lol! I had planned to buy the Redish plates and make it a spring/summer time task this year. So all it will cost me is the plates, my time, and consumables. I'd say less than £300! Of course if I took it to Redish they'd relieve me of £1500 minimum, more if they did the top too. There are however other options out there now doing the same task for a lot cheaper! ETA motorsport for instance charge about £700-£800.

ZX10R NIN

29,893 posts

146 months

Tuesday 16th January 2018
quotequote all
Ahbefive said:
The megane is overpriced imo. If it was valued a few thousand lower and you wanted one it might be worth a look.

Its good to try new cars but a test drive would give you a decent feel for it.

Sounds like you have a nice M3, the boot falling out though and giving you a £3k bill could make swapping for a megane the cheaper option in the long run after all.
Trophy Meganes command a premium they're rare & 14k is right on the money.

ZX10R NIN

29,893 posts

146 months

Tuesday 16th January 2018
quotequote all
Ahbefive said:
The megane is overpriced imo. If it was valued a few thousand lower and you wanted one it might be worth a look.

Its good to try new cars but a test drive would give you a decent feel for it.

Sounds like you have a nice M3, the boot falling out though and giving you a £3k bill could make swapping for a megane the cheaper option in the long run after all.
Trophy Meganes command a premium they're rare & 14k is right on the money.

Ahbefive

11,657 posts

193 months

Wednesday 17th January 2018
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If you say so:

culpz

4,962 posts

133 months

Wednesday 17th January 2018
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If you can continue to afford the upkeep on the M3, i'd just keep it. The Megane 265's are cracking cars but the money you'd save maintaining the BMW could be lost with the depreciation on the Renault.

It's swings and roundabouts really but unless you're struggling to keep on top of your current car, i wouldn't really be looking to jump ship just yet. Finding decent E46 M3's is hard these days so you could regret it.

Toady1

Original Poster:

1,622 posts

245 months

Wednesday 17th January 2018
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Thanks fellow ph'ers for the input. I also came accross that black trophy for £9995 and it made me realise that it really isn't worth what my M3 is worth. As you say, good M3's are becoming so rare these days especially low mileage good examples like mine. There really isn't a lot out there like mine to compare, but the ones that are out there are being marketed at silly money £15k+! I think certain dealers are trying to push them into the B5 RS4 territory, great if they do but who knows. Ropey high mileage M3's can be had for about 6-7k now, ropey rs4's are now £14k+. 5-6 years ago you could pick up a ropey RS4 for £8k! So it could be an investment...

Yes I've no problems with keeping up with the M3's maintenance costs, and although I'd liked to have tried the Meg, I think its only worth £11-£12k. KTEC have just put one with the same miles up but in black for £13500, and theyre an expensive dealer!

Bordtea

362 posts

167 months

Wednesday 17th January 2018
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I own an RS250 and it really is a bloody awesome car. There's really no difference between the 250, 265 and the 275. In fact my 250 pushed out nearly 260bhp stock on the dyno, and they map to around 300bhp with no other mods required. You absolutely 100% want one with the cup pack. You can get the 'cup' version for around 8-9k now but these are pov spec with cloth seats, no climate control, no heated seats etc. The cup pack gives more taught suspension, red brake calipers (very important...) but crucially an LSD. The traction it brings with it is quite something, you can get on the gas ar earlier in a corner than you would think possible and it just pulls you round, really quite an odd feeling.

Here's a good example: https://www.gumtree.com/p/renault/renaultsport-meg...

ZX10R NIN

29,893 posts

146 months

Wednesday 17th January 2018
quotequote all
Ahbefive said:
If you say so:
It's easy to find one car for sale are there 3 or more for 10k?

I've seen & watched these over the years & 14k for a well looked after low miles Trophy is on the money.

Ahbefive

11,657 posts

193 months

Thursday 18th January 2018
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On ebay there are ONLY two for sale and the other is a 20k miler at £11.900. They are still depreciating so perhaps you have missed them drop in price.