Has anyone tried to sell their E92 M3 to dealer?

Has anyone tried to sell their E92 M3 to dealer?

Author
Discussion

Deutscher

Original Poster:

1,430 posts

220 months

Monday 19th November 2007
quotequote all
Interested to know as this would give an accurate fix on where the market is.

Pugsey

5,813 posts

215 months

Monday 19th November 2007
quotequote all
I haven't, but mate has recently chopped his in against a new X5. Had done 4,000 miles and got £2k below list as p/x. Obviously this needs to be taken in context - ie he buys a lot of cars from this dealer and was taking delivery of another £56k car but I guess it still is an actual 'real' deal. My guess would be if he'd walked in 'cold' wanting a straight sale then maybe £5k below list? I'll be chopping mine in in March for the new X5dSport twin turbo and will be hoping for as little pain as pos!

Donut

4,521 posts

252 months

Monday 19th November 2007
quotequote all
Whats with the weekly M3 prices threads???


topboss

354 posts

254 months

Monday 19th November 2007
quotequote all
I offered an unregistered one to a number of dealers early/mid october. Most wanted to go down the SOR route. Had a few bids at circa 1K under list. Majority of people I spoke to just weren't interested.

I think the depreciation is inline with what you'd expect of cars in this sector....the fact that it is still just a few months into it's life is irrelevant it seems.

Getting closer to the first DCT cars as well now.

Pugsey

5,813 posts

215 months

Monday 19th November 2007
quotequote all
Donut said:
Whats with the weekly M3 prices threads???
Know what you mean mate. As I had an example which was relevant I replied but did think WTF?! at the same time. Seems for some odd reason people are more interested in prices than the car itself - although interestingly, looking through past threads, most seem to be non owners.

mbutchers

691 posts

221 months

Monday 19th November 2007
quotequote all
Pugsey said:
Donut said:
Whats with the weekly M3 prices threads???
Know what you mean mate. As I had an example which was relevant I replied but did think WTF?! at the same time. Seems for some odd reason people are more interested in prices than the car itself - although interestingly, looking through past threads, most seem to be non owners.
I suspect, as a 'non owner', that the interest lies in the discrepancy of accounts given by dealers and private individuals. Everyone wants a bargain, and without knocking Pugsey et al (honestly), most people are putting a rather large proportion of their hard-earned/borrowed forward. We'd all like to think that the dealer speil is right, but for quite a few I guess it's now a case of 'once bitten etc'.
I suspect Donut is well versed in M3 prices, but would probably like to keep it a little closer to his chest than an open discussion would allow.
Personally, if you treat the car as you would any prestige, mass produced, sports coupe, you won't go far wrong, and maybe pleasantly suprised into the bargain.

kentmotorcompany

2,471 posts

211 months

Monday 19th November 2007
quotequote all
Deutscher said:
Interested to know as this would give an accurate fix on where the market is.
No it wouldnt. It would just give one Sales Manager's opinion. Which will vary hugely.

Will you please just buy something and stop asking about price.
FACT: cars depreciate. They always have, they always will. Get over it, or go and buy a banger.

But on a seperate note. Now is a good time to buy, its pretty slow leading up to christmas. This means plenty of stock about, and plenty of dealers willing to be more flexible on price. A bigger discount will help offset a few months depreciation.

Edited by kentmotorcompany on Monday 19th November 15:33

Pugsey

5,813 posts

215 months

Monday 19th November 2007
quotequote all
mbutchers said:
Pugsey said:
Donut said:
Whats with the weekly M3 prices threads???
Know what you mean mate. As I had an example which was relevant I replied but did think WTF?! at the same time. Seems for some odd reason people are more interested in prices than the car itself - although interestingly, looking through past threads, most seem to be non owners.
I suspect, as a 'non owner', that the interest lies in the discrepancy of accounts given by dealers and private individuals.
rofl No, REALLY! You mean there's a possible discrepancy between what dealers are saying and reality. And this is unique to M3s? Good grief - who ARE these people who can, apparently, afford to consider a new M3 but haven't latched on to the way the world - and particularly buying/selling cars - works yet? rofl

Posted with all due respect of course!smile

Edited by Pugsey on Monday 19th November 16:24


Edited by Pugsey on Monday 19th November 16:35

pete

1,591 posts

285 months

Monday 19th November 2007
quotequote all
kentmotorcompany said:
Now is a good time to buy, its pretty slow leading up to christmas. This means plenty of stock about, and plenty of dealers willing to be more flexible on price.
Indeed. I test drove a new M3 this weekend, ostensibly to see whether I would consider buying a DCT next year to replace a 130 and TVR Tuscan. Despite mutterings about waiting lists and full allocations at the time, I had a call today from the dealer to tell me they've sourced a couple of un-spec'd manual cars which would circumvent the waiting list. If you want a new one quickly, now seems to be the time.

To digress and actually talk about the car for once, I thought it was lovely. Great fun to drive, very easy to control some minor sideways action on a greasy roundabout, reassuringly rapid, and day-to-day practical. I'm just torn as to whether I'd be better keeping the Tuscan and buying a 335d; it comes down to whether the simplicity of owning one car would make up for the lack of sense of occasion you get from the M3 compared to the Tiv.

Pete

mbutchers

691 posts

221 months

Monday 19th November 2007
quotequote all
Pugsey said:
rofl No, REALLY! You mean there's a possible discrepancy between what dealers are saying and reality. And this is unique to M3s? Good grief - who ARE these people who can, apparently, afford to consider a new M3 but haven't latched on to the way the world - and particularly buying/selling cars - works yet? rofl

Posted with all due respect of course!smile
No offence taken Pugsey, and none meant when I say that you're probably a little removed from 'mr average' in the real world. There are still plenty of people getting caught out, mainly paying large monthly payments, and then getting a big suprise come 'balloon' time...... I'm not sure if this actually constitutes being able to 'afford', but it's certainly puts record numbers of cars on drives.

Pugsey

5,813 posts

215 months

Monday 19th November 2007
quotequote all
mbutchers said:
Pugsey said:
rofl No, REALLY! You mean there's a possible discrepancy between what dealers are saying and reality. And this is unique to M3s? Good grief - who ARE these people who can, apparently, afford to consider a new M3 but haven't latched on to the way the world - and particularly buying/selling cars - works yet? rofl

Posted with all due respect of course!smile
No offence taken Pugsey, and none meant when I say that you're probably a little removed from 'mr average' in the real world. There are still plenty of people getting caught out, mainly paying large monthly payments, and then getting a big suprise come 'balloon' time...... I'm not sure if this actually constitutes being able to 'afford', but it's certainly puts record numbers of cars on drives.
Point taken and well made mate.smile Waddaya mean 'removed from Mr Average!!? Nurse - where's my pills. wobble

petrolhead76

1,597 posts

217 months

Monday 19th November 2007
quotequote all
Its interesting to note people trade in the m3 against the x5 - unless there was a grand master plan I do find that swap strange as I thought people would be smitten with performance cars...

Pugsey

5,813 posts

215 months

Monday 19th November 2007
quotequote all
petrolhead76 said:
Its interesting to note people trade in the m3 against the x5 - unless there was a grand master plan I do find that swap strange as I thought people would be smitten with performance cars...
My M3 (ordered like most of my cars years before it was officially announced) has really ended up as a stop gap daily runabout between my old X5dSport and the arrival my new twin turbo version in March. It carries the bonus of being a reasonably quick, interesting car too whilst making a fair fist of the day to day grind. In reality it's a bit of a 'no mans land' car from me - neither fast or extreme enough to satisfy the petrol head in me nor as comfy/easy to use as the X5 - but it's OK and it'll have been interesting to have tried it. Rest assured I'm still smitten with performance cars!wink

petrolhead76

1,597 posts

217 months

Monday 19th November 2007
quotequote all
Pugsey said:
petrolhead76 said:
Its interesting to note people trade in the m3 against the x5 - unless there was a grand master plan I do find that swap strange as I thought people would be smitten with performance cars...
My M3 (ordered like most of my cars years before it was officially announced) has really ended up as a stop gap daily runabout between my old X5dSport and the arrival my new twin turbo version in March. It carries the bonus of being a reasonably quick, interesting car too whilst making a fair fist of the day to day grind. In reality it's a bit of a 'no mans land' car from me - neither fast or extreme enough to satisfy the petrol head in me nor as comfy/easy to use as the X5 - but it's OK and it'll have been interesting to have tried it. Rest assured I'm still smitten with performance cars!wink
Lol, sorry I just saw your other cars on your profile - I should have checked first!

Pugsey

5,813 posts

215 months

Tuesday 20th November 2007
quotequote all
petrolhead76 said:
Pugsey said:
petrolhead76 said:
Its interesting to note people trade in the m3 against the x5 - unless there was a grand master plan I do find that swap strange as I thought people would be smitten with performance cars...
My M3 (ordered like most of my cars years before it was officially announced) has really ended up as a stop gap daily runabout between my old X5dSport and the arrival my new twin turbo version in March. It carries the bonus of being a reasonably quick, interesting car too whilst making a fair fist of the day to day grind. In reality it's a bit of a 'no mans land' car from me - neither fast or extreme enough to satisfy the petrol head in me nor as comfy/easy to use as the X5 - but it's OK and it'll have been interesting to have tried it. Rest assured I'm still smitten with performance cars!wink
Lol, sorry I just saw your other cars on your profile - I should have checked first!
thumbup

Broccers

3,236 posts

254 months

Tuesday 20th November 2007
quotequote all
Pugsey said:
In reality it's a bit of a 'no mans land' car from me - neither fast or extreme enough to satisfy the petrol head in me nor as comfy/easy to use as the X5 - but it's OK and it'll have been interesting to have tried it. Rest assured I'm still smitten with performance cars!wink
This is probably why values will plummet.

Pugsey

5,813 posts

215 months

Tuesday 20th November 2007
quotequote all
Broccers said:
Pugsey said:
In reality it's a bit of a 'no mans land' car from me - neither fast or extreme enough to satisfy the petrol head in me nor as comfy/easy to use as the X5 - but it's OK and it'll have been interesting to have tried it. Rest assured I'm still smitten with performance cars!wink
This is probably why values will plummet.
Groans and holds head in hands. WHY do people only seem interested in going on (and on and on) about the M3 and depreciation? I suppose I could say define 'plummet' (btw I guess you actually meant prices not values?) but I'm really bored now frankly. Off for a coffee.smile

Edited by Pugsey on Tuesday 20th November 09:49

Deutscher

Original Poster:

1,430 posts

220 months

Tuesday 20th November 2007
quotequote all
Pugsey said:
Groans and holds head in hands. WHY do people only seem interested in going on (and on and on) about the M3 and depreciation? I suppose I could say define 'plummet' (btw I guess you actually meant prices not values?) but I'm really bored now frankly. Off for a coffee.smile
Pugsey, you have been a decent fellow and taken all this whinging in good part! smile

I hope it hasn't spoiled your enjoyment of the car.

I think the reasons we're all being such mismogs is:

– the car costs more than we hoped
– the reviews are worse than hoped
– secretly we still want one but are frightened bu the prospective residuals.

Good on you, mate!

Marki

15,763 posts

271 months

Tuesday 20th November 2007
quotequote all
Pugsey said:
In reality it's a bit of a 'no mans land' car from me - neither fast or extreme enough to satisfy the petrol head in me nor as comfy/easy to use as the X5 - but it's OK and it'll have been interesting to have tried it. Rest assured I'm still smitten with performance cars!wink
Jezuss christ on a bike what the do you want from a car

sjp63

1,996 posts

273 months

Tuesday 20th November 2007
quotequote all
Broccers said:
Pugsey said:
In reality it's a bit of a 'no mans land' car from me - neither fast or extreme enough to satisfy the petrol head in me nor as comfy/easy to use as the X5 - but it's OK and it'll have been interesting to have tried it. Rest assured I'm still smitten with performance cars!wink
This is probably why values will plummet.
Well that and the fact it looks pretty boring compared to when the E46 M3 first came out.......having said that I might be tempted by the saloon when it comes out - not for its looks but just on practicality

Edited by sjp63 on Tuesday 20th November 11:50