View Single Post
      09-04-2012, 01:11 AM   #12

Drives: '90 Porsche 941, Z4 Roadster
Join Date: Jul 2012
Location: New Orleans, Louisiana

iTrader: (0)

Originally Posted by ssabripo
Originally Posted by PhillyNate View Post
I'm just gonna say it, the 1M owner is delusional on one important point. His car may actually be faster and if he likes it, fine. The 1M is a GREAT car but his advice to go UNLOAD this M3 quickly makes him sound like an idiot. Cars are not assets but I predict this current M3 will hold value better than some of its previous generations. At the very least it will be as coveted as the E46 M3. Will it be as coveted as a 1M, I dont know. All I know is you'd be a damn fool to believe the current M3 is an inferior vehicle. To that 1M owner I would say, it is better people believe you're a fool than to open your mouth and remove all doubt.
the thing that got me puzzled, was the following:

the guy gave me his business card and he is a professional in all the senses (think "lawyer/doctor/CTO" type), and had the following statement regarding the whole "unloading" of the car:

" car is already appreciating! you can't buy one for 60K.... once the new body is announced, yours will be worth 40 or less.... Mine will continue going up... You should unload it, get a temporary car until the new M3 comes out, or just get the M5 and call it a day.."

It's already appreciating? Hmmm. Never heard of a car that appreciated within a few years off the lot. He's obviously not a professional in the financial world