What's My E92 M3 worth now?

skierman64 · 08-19-2008, 08:30 PM

Quote:

Originally Posted by Laszlo

That's a really, you know what, thing to say. If anything, it is the other way around. Nothing worse than a really hot chick you like gets in your car and says, you drive an automatic!!!

Well then it's obviously a "chick" that doesn't know shit about cars.

Besides, who cares what she thinks. I don't drive my car to impress others.

skierman64 · 08-19-2008, 08:34 PM

To the OP: Mods IMHO decrease the value of the car, unless you find the exact right person to buy your car. Many BMW aficionados want to buy a showroom stock used BMW in my experience.

skierman64 · 08-19-2008, 08:36 PM

Quote:

Originally Posted by J08M3

I think the people who bought the '08s with iDrive are really going to take a hit with the new system being in the '09s.

It won't matter in 15 or so years, which is how long I plan to keep this car.

J08M3 · 08-19-2008, 08:37 PM

Quote:

Originally Posted by skierman64

To the OP: Mods IMHO decrease the value of the car, unless you find the exact right person to buy your car. Many BMW aficionados want to buy a showroom stock used BMW in my experience.

Yep, they probably do usually. To the aficionados, but most people who are not one probably won't even notice the subtle mods I did. Only if lucky enough to find the right buyer might be able to get a little money back on mods.

J08M3 · 08-19-2008, 08:40 PM

Quote:

Originally Posted by skierman64

It won't matter in 15 or so years, which is how long I plan to keep this car.

Yea, this is why I leased my car. I know in three years I'm going to want something new. To try and sell the car in three years would be a huge loss and probably more of a pain in the ass. I chose to lease because it costs me a lot less than buying over just three years and I won't have to worry about trying to sell it when I'm ready for a new car. Hopefully the lease company doesn't pick up on the few subtle mods I made. I'm guessing they won't unless they get pointed out.

skierman64 · 08-19-2008, 08:47 PM

Quote:

Originally Posted by Laszlo

Most chicks know cars, especially fast ones... and that's when it happens. If they get into a Lexus or Merc, they expect an automatic. Sorry, but I bet you did a survey you'd find this to be correct. Regardless of quality or performance... perception is reality.

My point was, if she knows about cars she'd know it's not an automatic. Plus, as soon as I demostrate launch control, that's all it would take to convince her how hot the car is with this transmission.

Chicks may know cars on the left coast, but I don't think that's true many other places in the USA. At least that's been my experience.

Quote:

Originally Posted by J08M3

Yea, this is why I leased my car. I know in three years I'm going to want something new. To try and sell the car in three years would be a huge loss and probably more of a pain in the ass. I chose to lease because it costs me a lot less than buying over just three years and I won't have to worry about trying to sell it when I'm ready for a new car. Hopefully the lease company doesn't pick up on the few subtle mods I made. I'm guessing they won't unless they get pointed out.

I love having nice cars (although older) without payments. I haven't made a payment on my 11 year old Expedition in over 6+ years, and I know it's been taken care properly it's entire lifetime. Great tow vehicle, people mover, winter driver. It may not impress anyone, but I truly don't care.

J08M3 · 08-19-2008, 08:52 PM

most on the east coast don't that's for sure

A couple weeks ago I had four girls in the car and out of all of them only one knew what it was. Two others said it was the same car their mom had a 328 haha... yea, sure it's the same... of course soon as I stepped on the gas they took that statement back. Plus their friend the one who knew yelled at them and told them they were stupid haha. I found all this quite hilarious from the drivers seat.

skierman64 · 08-19-2008, 08:53 PM

Quote:

Originally Posted by J08M3

most on the east coast don't that's for sure

A couple weeks ago I had four girls in the car and out of all of them only one knew what it was. Two others said it was the same car their mom had a 328 haha... yea, sure it's the same... of course soon as I stepped on the gas they took that statement back. Plus their friend the one who knew yelled at them and told them they were stupid haha. I found all this quite hilarious from the drivers seat.

My point exactly

Ronin13 · 08-19-2008, 09:05 PM

Quote:

Originally Posted by J08M3

Yea, this is why I leased my car. I know in three years I'm going to want something new. To try and sell the car in three years would be a huge loss and probably more of a pain in the ass. I chose to lease because it costs me a lot less than buying over just three years and I won't have to worry about trying to sell it when I'm ready for a new car. Hopefully the lease company doesn't pick up on the few subtle mods I made. I'm guessing they won't unless they get pointed out.

If you leased the car, does it really matter what it's worth now?

rzm3 · 08-19-2008, 09:23 PM

Quote:

Originally Posted by J08M3

Yea, this is why I leased my car.

WTF? Didn't you just say that you wanted to sell?!

J08M3 · 08-19-2008, 09:33 PM

Quote:

Originally Posted by rldzhao

WTF? Didn't you just say that you wanted to sell?!

WTF didn't you read the original post... or any of my other ones???

J08M3 · 08-19-2008, 09:34 PM

Quote:

Originally Posted by Ronin13

If you leased the car, does it really matter what it's worth now?

There's always the option of buying out the lease and selling. I just watch numbers and when I see a good deal I jump on it. So yes it always matters what the car is worth.

duk · 08-19-2008, 10:12 PM

you can get an orderd E92 6MT for 1-1.5k over invoice now

sayemthree · 08-19-2008, 10:21 PM

take the leased car to BMW and ask them how much they will sell it to you for? LOL!!!

rzm3 · 08-19-2008, 10:42 PM

Quote:

Originally Posted by J08M3

When I bought the car it cost me just under $65k after all taxes...

Last time i read your post, you are the one who said you bought your car... and later on you said you leased it... not trying to start an attack here, just be clear with your choice of words.

Dascamel · 08-19-2008, 10:52 PM

Quote:

Originally Posted by J08M3

I think the people who bought the '08s with iDrive are really going to take a hit with the new system being in the '09s.

Doesn't anyone care about how many miles on the car, condition, maint, etc? 3-4 years down the road becomes a much smaller issue.

sayemthree · 08-20-2008, 12:00 AM

Quote:

Originally Posted by Dascamel

Doesn't anyone care about how many miles on the car, condition, maint, etc? 3-4 years down the road becomes a much smaller issue.

NO - ITS A LEASE.

jeremyr4 · 08-20-2008, 02:33 AM

I just checked the auction sales and all 6-speed coupes have gone for $56-61k in the past 1.5 months. Last 2 transactions in Aug were $56 and $60k.

Based on this it's probably worth $51-55k conservatively. It's probably the most objective answer anyone can give you right now, as it's based on actual sales. If you need to dump your car on a dealer then you shouldn't normally take less than $1-2k below auction, except that you're facing the model year change so some dealers will probably want to go another $3k below to protect their downside when the '09s arrive.

Some would argue that you could add $3-5k more for a private party or retail car BUT the value will adjust at the end of the month once we hit Sept for 09 Model Year. I would guess that you'll lose another $3-5k once we hit Sept.

I hope that helps. Any other numbers that people might throw out in this thread are probably more of a guess vs. the solid data that I used for my range... Good luck.

J08M3 · 08-20-2008, 06:11 AM

Quote:

Originally Posted by rldzhao

Last time i read your post, you are the one who said you bought your car... and later on you said you leased it... not trying to start an attack here, just be clear with your choice of words.

The car still costs that much whether I pay for it or BMW financial pays for it. The dealership gets paid for the car whether you lease or buy. They weren't going to let it of the lot until they had 65k. So I think that's pretty clear on how much the car costs.

MrClean · 08-20-2008, 09:46 AM

Quote:

Originally Posted by Laszlo

That's a really, you know what, thing to say. If anything, it is the other way around. Nothing worse than a really hot chick you like gets in your car and says, you drive an automatic!!!

Well, until you show that hot chick what you can do with your unencumbered hand...

monk · 08-20-2008, 10:18 AM

Quote:

Originally Posted by MrClean

Well, until you show that hot chick what you can do with your unencumbered hand...

Who/what are the chicks you guys talking about? What kind of chicks is that?
Do they have 2 legs or 4 legs with tails? Thank you.

xsilvor · 08-20-2008, 10:58 AM

Quote:

Originally Posted by monk

Who/what are the chicks you guys talking about? What kind of chicks is that?
Do they have 2 legs or 4 legs with tails? Thank you.

Hmmm? I like puppies.

08-19-2008, 08:34 PM	#24
skierman64 Brigadier General 125 Rep 3,071 Posts Drives: E92M3-E46M3-E46Wagon-E89Z4-E36 Join Date: Dec 2006 Location: Greater St Louis Metro area iTrader: (1) Garage List 1994 325is Race Car [0.00] 2011 BMW Z4 [0.00] 1998 M3 Coupe [0.00] 2008 M3 Coupe [0.00]	To the OP: Mods IMHO decrease the value of the car, unless you find the exact right person to buy your car. Many BMW aficionados want to buy a showroom stock used BMW in my experience. __________________ Invest Wisely...The best mod for your money?? BMWCCA high performance driver's school. The mod that lasts a lifetime and improves the performance of any car you drive[/LEFT]
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08-19-2008, 08:52 PM	#29
J08M3 Major General 285 Rep 6,007 Posts Drives: 2011 M3 COUPE Join Date: May 2008 Location: NEW YORK iTrader: (8)	most on the east coast don't that's for sure A couple weeks ago I had four girls in the car and out of all of them only one knew what it was. Two others said it was the same car their mom had a 328 haha... yea, sure it's the same... of course soon as I stepped on the gas they took that statement back. Plus their friend the one who knew yelled at them and told them they were stupid haha. I found all this quite hilarious from the drivers seat. __________________
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08-19-2008, 10:12 PM	#35
duk ///M 158 Rep 3,195 Posts Drives: 2011 AW/FR 6MT E92 Join Date: Jun 2007 Location: Irvine, CA iTrader: (0)	you can get an orderd E92 6MT for 1-1.5k over invoice now __________________ 2011.5 AW/FR E92 M3 6MT
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08-19-2008, 10:21 PM	#36
sayemthree Major General 597 Rep 5,448 Posts Drives: ‘20 X3mC ‘20 Raptor ‘04 X3 6mt Join Date: Aug 2007 Location: usa so cal , AZ iTrader: (0)	take the leased car to BMW and ask them how much they will sell it to you for? LOL!!! __________________ Fore Sale Rare 6 speed manual X3 3.oi silver over grey. PM me
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08-20-2008, 02:33 AM	#40
jeremyr4 Second Lieutenant 68 Rep 244 Posts Drives: '13 E93 M3 Join Date: Aug 2008 Location: West Los Angeles iTrader: (0)	It's Simple... I just checked the auction sales and all 6-speed coupes have gone for $56-61k in the past 1.5 months. Last 2 transactions in Aug were $56 and $60k. Based on this it's probably worth $51-55k conservatively. It's probably the most objective answer anyone can give you right now, as it's based on actual sales. If you need to dump your car on a dealer then you shouldn't normally take less than $1-2k below auction, except that you're facing the model year change so some dealers will probably want to go another $3k below to protect their downside when the '09s arrive. Some would argue that you could add $3-5k more for a private party or retail car BUT the value will adjust at the end of the month once we hit Sept for 09 Model Year. I would guess that you'll lose another $3-5k once we hit Sept. I hope that helps. Any other numbers that people might throw out in this thread are probably more of a guess vs. the solid data that I used for my range... Good luck.
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