M8 competition depreciation/values

M8 competition depreciation/values

Author
Discussion

cj450

Original Poster:

55 posts

99 months

Monday 25th April 2022
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lookimg at a m8 comp cheapest in UK is 80k asking atm 14k miles 18reg what do people see these dropping to i normally only have a car for 12 to 15 months do you see them dropping to 70k by next summer or pretty stable at 80 for a while ?

Chamon_Lee

3,941 posts

162 months

Tuesday 26th April 2022
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Could stay at 80k. Could just as easily drop to 55k.

Don’t be too surprised at 55k for a 4-5 year old M car.

Stever

1,563 posts

264 months

Tuesday 26th April 2022
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Can's see these staying at £80k I think they will fall more . Even though they are starting to grow on me they don't seem to be hugely popular, I'm not inclined to jump out of an M6GC into one. I reckon you'll get your £70K target.

msdes123

164 posts

155 months

Monday 2nd May 2022
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Have been looking at one of these on and off for a while, unfortunately think I might have missed the time window. The approved used deal of 2.9% APR on one has now gone to 5.9% (still better than their usual rip off rate on other approved used series) and the new deals 20-25k off and 2.9% are also long gone. Latest offer on main website now is 5.9% and no deposit contribution. Not sure whether Park Lane BMw military/emergency worker sales still doing such deals, they’ve pulled all the examples off their website last time I looked. I remember about 2 yrs ago they had £999 monthly and £999 deposit available via low APR and big discount, all long gone now sadly.
Jan 2015 picked up a new M6 GC with just under £25k off list and 0% APR. As time is going by the price point between the sort of car I want and can afford and what’s the current market price sits at is getting further and further apart, my days of M5s and M6s are over I think. I’m now looking firmly lower down the series line up, I suppose many are in same boat.
If you pull the trigger on one enjoy!

time waster

676 posts

256 months

Friday 6th May 2022
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I would have thought if you sell through a dealer network - the spread will be close to 10k on these at the time you buy it. Thats before any depreciation.