What will my M3 be worth in 3 years ?

[Notsorich]

E9x is the only ///M3 that BMW came out with that had a V style motor instead of the traditional Inline 6. I honestly think the E46 ///M will hold value better then the E9x's.

[X2Board]

Originally Posted by Notsorich

E9x is the only ///M3 that BMW came out with that had a V style motor instead of the traditional Inline 6. I honestly think the E46 ///M will hold value better then the E9x's.

E30 M3 owners may disagree on your definition of "Traditional"

[Seattle335]

Originally Posted by SamS

Look at the value of E60 M5s with that sweet S85. Used prices plummeted when the faster F10 M5 came out. No reason to think the E9x Ms will fair any better.

The fugly E60 M5 was doomed with a horrid resale from Day1. I think the V8 in the E9x M3 will be appealing for a while...

[SamS]

Originally Posted by Seattle335

The fugly E60 M5 was doomed with a horrid resale from Day1. I think the V8 in the E9x M3 will be appealing for a while...

I agree that the E60 looks didn't do it any favors. But the horrible mpg of both cars seems to rule it out for many enthusiasts looking for performance-oriented daily drivers. I know plenty of you guys do DD your M3s. And gas is relatively cheap right now. But the fear of $5+/gal always hinders those sub-15mpg cars.

[Z K]

Enthusiasts always try to estimate the value of the cars higher... but in reality, most M3 buyers are not enthusiasts. They will dump the E9x M3s when the new ones show up and that will drive resale values down. For most car buyers, "newer is better" is always the motto.

2008s are already in the high 30s/low 40s (4 years old) and the new models haven't even shown up yet.

[SamS]

Originally Posted by Z K

Enthusiasts always try to estimate the value of the cars higher... but in reality, most M3 buyers are not enthusiasts. They will dump the E9x M3s when the new ones show up and that will drive resale values down. For most car buyers, "newer is better" is always the motto.

2008s are already in the high 30s/low 40s (4 years old) and the new models haven't even shown up yet.

I only met one M3 owner (in real life) that was not what we would consider "an enthusiast". All other seem to love cars, BMWs, etc. My point is, you can be an enthusiast, and still dump your E9x M3 in favor of the F80, M5, Porsche, etc.

[Foodle]

Originally Posted by M3RD

I rather think that most of us that now own a late model ///M3 will keep the car for it will be the last true ///M3 having the V8 under the hood.

While it might be nice to believe this, I don't think it will come to pass. Sad to say, but newer, shinier, and faster usually win out. There will always be purists out there in search of what they personally consider a "true" M-car, but they are few and far between. Even a purist can be tempted by a faster engine, newer tech, or new body lines.

Personally, I keep my cars for a long time, so I won't be in the market for a new one until near the end of production of the F10 M5 or F80 M3/M4.

[SamS]

Originally Posted by Foodle

While it might be nice to believe this, I don't think it will come to pass. Sad to say, but newer, shinier, and faster usually win out. There will always be purists out there in search of what they personally consider a "true" M-car, but they are few and far between. Even a purist can be tempted by a faster engine, newer tech, or new body lines.

Yep. Not to mention the appeal of a fresh 4 years of warranty, and something "new" to drive around in. Maybe your existing car has something that bugs you - repainted section, chips, worn seats, etc. And maybe a new car will have less creaks and squeaks? I expect the F80 to have some cooler/better brakes/diff/transmission compared to the E9x M3. Why can't you still be an enthusiast if you're just trying to experience or appreciate what those millions of $$ in BMW ///M research and development come up with?

[24601]

Originally Posted by M Pulse

You just pretty much repeated exactly what I said, so what exactly don't you agree with??

I bet you majority of existing E9x M owners will be lined up at their respective dealerships when the next-gen M comes out.

I highly doubt that many of us will be lined up for the new M4. Most E9X M3 owners will keep their cars for many more years to come (because of E9X styling and V8.) Some will wait for the bugs to be worked out of the first gen M4 and a very few (foolish) will jump ship when first released.

[Khrishna]

This thread is going off on all types of tangents, but I think reasonable people will agree that there is no way to speculate on the value of this car three years from now with any certainity.

[kscarrol]

^ +1 The only certainty is that it will be worth less than you paid for it...

[MKE_M3]

Originally Posted by Coltgus

A 1 pay lease is like a regular lease except you make all the lease payments at inception, the amount of each payment is calculated using a reduced money factor. BMWFS puts the money in an account for you and subtracts each lease payment from that account when due. So if the car was totaled you would get that money back.

Sounds like a good deal if the lease rate is low enough. Do you know what interest rate you pay?

[Foodle]

Originally Posted by Khrishna

This thread is going off on all types of tangents, but I think reasonable people will agree that there is no way to speculate on the value of this car three years from now with any certainity.

"With certainty"? Of course not.

But, I would disagree that this is a completely intractable problem. In fact the entire lease process is founded on being able to predict the value of the car in the future. This can be done based on price trends of the current model and empirical data of similar models. BMW doesn't lease you the car out of the goodness of their hearts. They make money off of it. The way they make money is by being able to predict the value of the car in the future.

[kscarrol]

True but that doesn't mean BMW is always right. I leased my '08 550 back in Oct 2007 and when it came time to turn it in the value on the market (KBB and others) was well below the residual on the car. I was seriously thinking of buying it but BMW refused to budge on the residual in Sept '10 so I turned the car in and bought the M3.

My local dealer CPO'd the car and basically sold it at the residual value so BMW was out the value of the CPO warranty...

[Dave07997S]

I found BMWFS is very conservative with the residuals with the M3. The reason is they don't want these cars back at turn in. I have owned now 3 M3s, 2 E46 M3s and my current 2011 E92 M3. My 01 and 04 M3 I sold 3 mos. before lease end and put money in my pocket. My 01 M3 had a residual of $29K, sold it for $35K. My 04 had a residual of $31K and sold it for $38K, and they were easy sales. My residual on my 2011 will be right at $40K and I think I can sell my 2011 E92 M3 now for high $40K range to low $50k.

Dave

[BigHat]

Originally Posted by Seattle335

The fugly E60 M5 was doomed with a horrid resale from Day1. I think the V8 in the E9x M3 will be appealing for a while...

That's what I'm thinking. A good, clean E9x may appeal to a segment resisting blower motors.

[Jopa201]

About half

[Coltgus]

Originally Posted by jdemetry

Sounds like a good deal if the lease rate is low enough. Do you know what interest rate you pay?

I'm paying 2.16%. The way it works is you take .0008 off the base unsubsidized money factor rate which was .0017 so my money factor was .0009. It is true that with max MSDs you can get .00076 which is the base subsidized rate of .00125-.00049. In another BMW forum someone asked me why I did a 1 pay when I could have got a lower money factor using max MSDs. The answer is I did it for convenience, I had a large trade equity and while they would have wriiten me a check for it I just decided to do it this way and get a smaller check.

[kerrit]

I think prices will drop significantly when the new M3 comes out... I think the S65 will make a comeback kind of like how the e30 did - will become a collector car as the only V8 m3

[Coltgus]

I've done some research and now believe my 2013 E92 M3 will be worth 38-40k at the end of my 3 year lease which ends 11/1/2015. That would be 5-7k less than the 62% residual. I have a good relationship with my dealer and am hoping to able to buy the car close to their cost from BMWFS. It is possible that because of the V8 and my low mileage I could be wrong.

[1MOREMOD]

less than a new prius.

[kwike92]

Originally Posted by M Pulse

I think in 2/3 years you're going to see a lot of E9x M3's on the market. Mainly because of couple of factors, current leases ending and a lot of existing owners trading up for new M3/M4's.

I think the sweet spot is the time between end of production of current E92's (likely July 2013) & prior to the next gen M3/M4 hitting dealer showrooms. Once the next-gen M's hit the market you're going to see a lot of existing owners trading up which will mean a large supply of E9x's on used car lots.

It all comes down to supply & demand.

Well said.