Looking to buy a BMW M4 Competition Pack - Future Values?

[zed4]

Hi all,

I’m considering buying a BMW M4, ideally a convertible with competition pack. My budget is limited to around £53k, so I’m looking for a 2016 car, as I can’t afford to go new. It will be a cash purchase.

I’m wondering if anyone is able to offer their thoughts on future values of these cars. My last few cars have been appreciating in value, so I would like to make sure I can budget for a car that will depreciate. If I were to buy a year old, 2016 car, what is the depreciation likely to be over the following year? What’s it likely to be worth towards the end of 2018?

Are there any people on here that have bought on a 3 year lease that have been given guaranteed final value that they could share with me?

Other options are an Audi R8 V10 Spyder (probably just out of budget at the moment), 997 911 S, 991 911 S or a Jaguar F Type V8.

I’m looking for a comfortable sports car that we can use to go touring around Europe in next year. It must be modern, reliable, reasonably comfortable, quick and fun!

Thanks,

Dan

[zed4]

So even for a year old car, you think it will loose £10k in the first year of my ownership? That's probably going to be a bit too much for me. I am also considering buying one next year and therefore finding a two year old car, that way someone else has taken two years depreciation, rather than just one.

Edited by zed4 on Thursday 22 June 13:06

[zed4]

homerdog said:

For that budget, how about a Boxster or Cayman, particularly a GTS? Doubt either will depreciate that much, not compared to an M4 anyway. M2 is another option.

Had a Cayman before and really liked it. Would want a convertible if it was to be my weekend car, so the Boxster GTS is a possibility. I have looked at them. On paper they don’t seem all that quick, but I expect they’re very fun to drive.