E46 M3 CSL and others falling in price....

E46 M3 CSL and others falling in price....

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Discussion

jonah35

Original Poster:

3,940 posts

157 months

Friday 23rd June 2017
quotequote all
The M3 CSL has definitely fallen in price in the past few months and various other cars (Ferrari 360 etc) have followed suit.

Some cars eg Z3 M coupe are taking longer to sell now too.

I appreciate some cars are still rising in value but the froth has certainly come off and prices are coming down - 3dr cosworths have also flatlined for a while.

Is tgis the start of things steadily falling?

jonah35

Original Poster:

3,940 posts

157 months

Saturday 24th June 2017
quotequote all
Also you wouldn't have been able to buy an m3 csl a year or two ago as none (or very few) were on the market and now the market is littered with them which tells me what I need to know

Once the tide changes I feel values of some cars will drop like a stone

Interesting gauging others thoughts

jonah35

Original Poster:

3,940 posts

157 months

Saturday 24th June 2017
quotequote all
It's been musical chairs and the music is about to stop.

Someone will end up owning a testarossa they've paid £200k for that drops like a hot potato. No big deal if you are worth £10m but if you've used your life savings to buy it then it will be a kicker.

jonah35

Original Poster:

3,940 posts

157 months

Monday 26th June 2017
quotequote all
The key point is the numbers of the types of cars we are talking about being advertised is high.

I.e. So many csls for sale means owners are wanting out. Same with other cars as another posted has said

jonah35

Original Poster:

3,940 posts

157 months

Wednesday 19th July 2017
quotequote all
Still appear to be falling...

jonah35

Original Poster:

3,940 posts

157 months

Wednesday 19th July 2017
quotequote all
Welshbeef said:
jonah35 said:
Still appear to be falling...
Where are you seeing this?

In the Ferrari section there are a few posters who have huge analysis of all adverts sales and auctions for models "market watch" giving trends v sentiment.
Ph classifieds, csl register and a mental log of cars and prices - nothing scientific