Discussion
Wills2 said:
andyman_2006 said:
The going rate for a lower mile one seems to be around the £18-20k mark now.
Andy
I'd say that was towards the bottom end of the market rather than the going rate. Andy
There are a handful of what appear decent cars for that money, saw one earlier in the week - 48K miles, EDC, 19's £18999
http://www.autotrader.co.uk/classified/advert/2016...
If you can live with an early 57/08 plate with upto 60k miles there are a handful....
http://www.autotrader.co.uk/classified/advert/2016...
http://www.autotrader.co.uk/classified/advert/2016...
http://www.autotrader.co.uk/classified/advert/2016...
If you want a 09 plate or newer, or an AUC from a main dealer then yes £18-20K wont cut it your right, however I'm presuming the OP doesn't want to spend upwards of £25K otherwise there is plenty of choice. Prices are still rising though.
Andy
andyman_2006 said:
There are a handful of what appear decent cars for that money, saw one earlier in the week - 48K miles, EDC, 19's £18999
http://www.autotrader.co.uk/classified/advert/2016...
If you can live with an early 57/08 plate with upto 60k miles there are a handful....
http://www.autotrader.co.uk/classified/advert/2016...
http://www.autotrader.co.uk/classified/advert/2016...
http://www.autotrader.co.uk/classified/advert/2016...
If you want a 09 plate or newer, or an AUC from a main dealer then yes £18-20K wont cut it your right, however I'm presuming the OP doesn't want to spend upwards of £25K otherwise there is plenty of choice. Prices are still rising though.
Andy
motoroller said:
What did they go down to at the lower end? I know it's a bit of a loaded question but I'm just trying to sort out the man maths: what might prices do in the near future?
I did see some nice low ish mileage cars around the £16k mark, but these are now all but £19k..upwards.
I looked at buying a 2008 AUC about 2 years ago and they wanted £23999 then and it had 1 year BMW warranty, and only 32k miles.
No idea what will happen in future, one can only guess. As supply of low mile cars gets less and it's the last of the NA engines BMW will likely have made, I would expect them to become in demand and collectable in time to come. How long again who really knows...could be 10 years could be 2! But I'd be surprised if prices fell much more, unless the car has issues like cat D or mega miles.
I would imagine also you'll see less and less AUC cars offered as main BMW dealers don't like to warranty cars over a certain age and mileage and as they get older they won't risk stocking them, so,your then into smaller dealers with 3 month warranty or private sales with no warranty.
Find one you like, you can afford, in the spec and colour you like, use and enjoy it. Don't forget to factor the running costs but most independents are sensible for labour rates.
You might find more cars if you include the drop top ones in your search but for me it's the coupe I really liked best.
I'm keeping my E46 M3 now so not looking, but my friend was only this week so hence I'd seen a few, his budget was around the £20k mark and we found a few some of those I sent links for earlier.
Good luck and hope you find what you want.
Andy
Are people seriously thinking a relatively new very mass produced car is going to be a. Massive or rising in value?
Seriously?
They will depreciate and we will see £5k cars.
If you don't think that then we will have a bulge of E46 then E92 then F30's heck at some me point the new N3's will never lose money from new...
Seriously?
They will depreciate and we will see £5k cars.
If you don't think that then we will have a bulge of E46 then E92 then F30's heck at some me point the new N3's will never lose money from new...
Max Maxasson said:
Except they didn't import that many E9x M3s - because they cut production right back due to the financial crash...about half the number of E9x M3s made compared the E46 M3s.
Late lows miles cars should keep their value well.
In about 20 years. Late lows miles cars should keep their value well.
Seriously if people are buying or trying to convince other to buy take those rose tinteds glasses
Even the E46 M3 CS isn't that much and they are rare.
Buy a v8 M3 if you want one and enjoy it for what it is but don't ever consider anything but depreciation - if it does hold or appreciate that's a quality problem, vice Versa its a s
tter If nothing else, there is now a N/A premium for anything interesting, especially given you can't buy that much that's bereft of turbo, interesting and reliable for what you once could.
Regardless of good/bad/indifferent (and I've no experience), an M BM with that engine will always bounce & then rise & rise.
Regardless of good/bad/indifferent (and I've no experience), an M BM with that engine will always bounce & then rise & rise.
DukeDickson said:
If nothing else, there is now a N/A premium for anything interesting, especially given you can't buy that much that's bereft of turbo, interesting and reliable for what you once could.
Regardless of good/bad/indifferent (and I've no experience), an M BM with that engine will always bounce & then rise & rise.
That's a fair point Regardless of good/bad/indifferent (and I've no experience), an M BM with that engine will always bounce & then rise & rise.
But still 65,000 vehicles is a lot. Consider this only 2,000 Fieat Coupe were RHD UK and they are great cars especially the 20 V Turbo yet it's value used is very low - some may say it's on the rise but it's more down to he fact the lemons and Barry boy specials are being crushed / written off meaning fewer for sale at that low starting point.
Welshbeef said:
That's a fair point
But still 65,000 vehicles is a lot. Consider this only 2,000 Fieat Coupe were RHD UK and they are great cars especially the 20 V Turbo yet it's value used is very low - some may say it's on the rise but it's more down to he fact the lemons and Barry boy specials are being crushed / written off meaning fewer for sale at that low starting point.
Only 1786 E60 M5's were produced for the UK and Ireland, didn't realise it was so little to the U.K. But still 65,000 vehicles is a lot. Consider this only 2,000 Fieat Coupe were RHD UK and they are great cars especially the 20 V Turbo yet it's value used is very low - some may say it's on the rise but it's more down to he fact the lemons and Barry boy specials are being crushed / written off meaning fewer for sale at that low starting point.
All my previous M power cars have gone up in value after I've sold them, I like to enjoy them and then move onto a newer model rather than worry about how much they might be worth in the future.
cosworth330 said:
Only 1786 E60 M5's were produced for the UK and Ireland, didn't realise it was so little to the U.K.
All my previous M power cars have gone up in value after I've sold them, I like to enjoy them and then move onto a newer model rather than worry about how much they might be worth in the future.
Low volume cars are where it's at when collecatvility and appreciation comes into play.All my previous M power cars have gone up in value after I've sold them, I like to enjoy them and then move onto a newer model rather than worry about how much they might be worth in the future.
Best part of 100k vehicles is VAST no wonder the E46 hasn't increased and the E92 will be the same.
Some of the dealer prices are pie in the sky imo. Ive just sold my 2012 M3 comp pack. low miles (20k) great spec, frozen silver paint, carbon interior. immaculate condition. I priced it lower than some just to get it moved and for the 4 weeks it was on PH I didnt get one single phone call from a non trader/private buyer.
Owned of for 10 months and sold for 500 less than I paid from a dealer. Cheap motoring (Apart from fuel :/) considering it didnt need a service during that time.
Owned of for 10 months and sold for 500 less than I paid from a dealer. Cheap motoring (Apart from fuel :/) considering it didnt need a service during that time.
The GMan said:
Think it's about 60,000 e9x made and 85,000 e46 M3's.
UK registered cars are ~7500 E9x M3 and ~16000 E46 M3I could find the exact figures if I could be bothered.
I don't think its ever going to be one of those cars that appreciates like crazy but its not going to bankrupt you either.
I bought my first in 2008 3k miles for £43k and sold it 7 and a bit years later for £18K trade at 60k miles. I was pretty happy with that.
I bought my current 2013 M3 2k miles for £32K and a year later its still worth £30k.
Max Maxasson said:
UK registered cars are ~7500 E9x M3 and ~16000 E46 M3
I could find the exact figures if I could be bothered.
I don't think its ever going to be one of those cars that appreciates like crazy but its not going to bankrupt you either.
I bought my first in 2008 3k miles for £43k and sold it 7 and a bit years later for £18K trade at 60k miles. I was pretty happy with that.
I bought my current 2013 M3 2k miles for £32K and a year later its still worth £30k.
Trade it isn't private possible. I could find the exact figures if I could be bothered.
I don't think its ever going to be one of those cars that appreciates like crazy but its not going to bankrupt you either.
I bought my first in 2008 3k miles for £43k and sold it 7 and a bit years later for £18K trade at 60k miles. I was pretty happy with that.
I bought my current 2013 M3 2k miles for £32K and a year later its still worth £30k.
Trade you'd be Lucky to get £18k- which is what a lot of people do. Selling a high performance privately for £30k is hard to do not many buyers want to part with that to a stranger (sure some do but it's very few). There is no comeback to a private buyer and £30k total loss isn't pocket change.
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