E46 BMW M3 Prices

[Welshbeef]

Been looking through A Trader and am Amazed at what prices these start at these days.... basically £11k upwards for a 51 reg car.

New they were Circa £38k so they have lost £27k in 7 years or £3.8k p.a. depn or £316pcm.


Question I have is what goes wrong with cars of this pedegree and age? And say I bought a £12k example with say 60k on it and ran it for 5 years so that it would be a 12 year old car and push up the milage up to 140k.

Servicing wise it would be either Main dealer serviced or local Indy (are there any in Reading?) purely to help boost its residual value.

[Welshbeef]

Ins quote for 15k a year incl Business miles - £830pa.

Thats near on 3 times the cost of the ins of my Fiat Coupe 20v Turbo for only an additional 120bhp.

[Welshbeef]

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What about the extra value of M3??
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Well from an ins perspective pa its £530 extra and from a VED perspective its £220 extra p.a.

So £750p.a. extra Just for the car and that assumes self servicing.
Yes its RWD, yes it looks very good & of course its pedigree and it is a step up on the performance scale

[Welshbeef]

paoloh said:

How much is your Fiat worth?

Well its covered 65k and is in very good condition - I'd say value anywhere in the £2-3k range given the depressed car market.

[Welshbeef]

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The M3 is worth circa £15k... You feeling me?
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As a comparator a Porche 996 Turbo only costs £450 like for like.

Still £750pa extra EXCL servicing...
How much is servicing on the M3 at a Main dealer? Oil, Inspection1, inspection 2?

[Welshbeef]

okgo said:

Welshbeef said:

Ins quote for 15k a year incl Business miles - £830pa.

Thats near on 3 times the cost of the ins of my Fiat Coupe 20v Turbo for only an additional 120bhp.

Good god, I still cannot belive you wrote that..

Didnt you see the rest of that post that a 996 Turbo would only cost me £450pa like for liek so why on earth is the M3 double the Porche? The porche is worth a hell of a lot more now & clearly when new is MUCH faster and parts even more pricy than an M3.

Now do you understand why I wrote that. Note also that an E39 M5 is just a little more than the 996TT so again its nonsensical as to why the M3 is so much more to insure.