M3 Undervalued???

24601 · 04-10-2013, 02:04 PM

Now that the third person has asked how much my M3 cost, I tell them to guess and they lowball her at $40k.

How an M3 could look like a $40kish car is beyond me!?! They ask, what makes it special, I look at my baby, think and say, "Everything."

Granted, to the non-enthusiast, non-car people, they see a 3-Series. So then they assume, eh, $30k. Little do they know that you can get a 328i for nearly $50k when all the option boxes are checked.

My M3 is fully loaded and has the performance exhaust and c/f splitters for nearly $80k. When I tell them the price they flip out. One of the three said, "You could have got a Bentley." My immediate reply was, "Dude, that's six figues!" They like the car and they love the SS color but I don't think the M3 gets the respect it deserves.

This is just me ranting and raving since I thought you guys would understand best.

I love my M3 and she is worth every penny I don't have and it does not matter what anyone else thinks (for the most part, let's be honest here.)

mdefalco25 · 04-10-2013, 02:10 PM

Well, technically, your M3 has depreciated drastically from when you bought it so they are not that far off on thinking it's a $40,000 car. While your's is still a 2013 it's only a matter of time before it comes down to what the 08s are at now which is below $40,000

mdosu · 04-10-2013, 02:12 PM

well in 2.5 years, the car will be worth $40k-$50k.

IMO, my M3 is not worth $60k+ to me...$40k+, yes, so that's why i bought pre-owned.

24601 · 04-10-2013, 02:14 PM

LMAO! Thanks guys!

mdosu · 04-10-2013, 02:15 PM

Quote:

Originally Posted by MY13E92M3

One of the three said, "You could have got a Bentley."

that's when that person gets discredited for his/her opinion...lol

Nordstat · 04-10-2013, 03:26 PM

Quote:

Originally Posted by mdosu

Quote:

Originally Posted by MY13E92M3

One of the three said, "You could have got a Bentley."

that's when that person gets discredited for his/her opinion...lol

^ this.

Chriskm3 · 04-10-2013, 03:32 PM

U should have left the pricing on the window

thepriceisright · 04-10-2013, 03:35 PM

Why on earth do so many people ask you how much your car cost? What kind of people do you hang out with?

Mr. ///M3 RD · 04-10-2013, 03:38 PM

You know what you paid for it ... she was new when you first touched her ... or as the Austin Martin commercial goes ...

"You know you are NOT the first but do you really care"

In all seriousness ... we all know that the moment we leave the dealership the car depreciates around $10K then every year depending on the milage and use another $10K we all know this and most of us don't care. Enjoy your car and if someone ask you just tell him "Enough like any other car of this quality"

mPlasticDesign · 04-10-2013, 03:43 PM

Quote:

Originally Posted by Chriskm3

U should have left the pricing on the window

No kidding. These threads are funny.

Ezio · 04-10-2013, 04:11 PM

the fact that you can buy a used 2008 M3 for like under 40k and a new one for over 70k. means for BMW to stop making e92s. LOL.

dmk08 · 04-10-2013, 04:15 PM

I don't know why anyone would buy a 2013 instead of a nice CPO 2011 at this point after watching the depreciation. No offense to anyone.

325rider · 04-10-2013, 04:18 PM

Quote:

Originally Posted by Ezio

the fact that you can buy a used 2008 M3 for like under 40k and a new one for over 70k. means for BMW to stop making e92s. LOL.

lol that actually makes so much sense lol.
Why i bought an e90

just trolin

24601 · 04-10-2013, 04:33 PM

Quote:

Originally Posted by Mr.Metak2you

No kidding. These threads are funny.

Thanks. Maybe I should have.

Kwando · 04-10-2013, 04:33 PM

80k for a new M3 in Hawaii sounds cheap..I thought everything was expensive there.

PrometheusM3 · 04-10-2013, 05:40 PM

Quote:

Originally Posted by dmk08

I don't know why anyone would buy a 2013 instead of a nice CPO 2011 at this point after watching the depreciation. No offense to anyone.

Because I want Laguna Seca Blue?

OP - a perfect condition 2008 M3, fully loaded, with 0 miles on it, has a blue book value just under $40K. Facts are facts. With all the M3s on the road, your friends are technically pretty much dead on, if on the low end, with their estimations for an E92 M3.

24601 · 04-10-2013, 06:29 PM

Quote:

Originally Posted by PrometheusM3

OP - a perfect condition 2008 M3, fully loaded, with 0 miles on it, has a blue book value just under $40K. Facts are facts. With all the M3s on the road, your friends are technically pretty much dead on, if on the low end, with their estimations for an E92 M3.

Interesting... thanks. I guess mentally she will always be my 80k baby.

When I see other cars, (i.e., Audi R8), I think, wow that's a nice $120k car. Not wow that's a nice $80k car. SMH.

Rk-d · 04-10-2013, 06:50 PM

You should stop hanging out with idiots

blankstar43 · 04-10-2013, 06:50 PM

Quote:

Originally Posted by MY13E92M3

Interesting... thanks. I guess mentally she will always be my 80k baby.

When I see other cars, (i.e., Audi R8), I think, wow that's a nice $120k car. Not wow that's a nice $80k car. SMH.

I think the same way. In the end it doesn't matter, the price you paid is what the car was worth to you. Even if you bought used for $40k, in my mind that is still a $80k high quality machine thats just been used some.

24601 · 04-10-2013, 07:01 PM

Quote:

Originally Posted by blankstar43

I think the same way. In the end it doesn't matter, the price you paid is what the car was worth to you. Even if you bought used for $40k, in my mind that is still a $80k high quality machine thats just been used some.

Cheers blankstar!

Endless619 · 04-10-2013, 07:37 PM

I get the same thing here in Maine especially since its modified. You just dont see these cars here. Some folks at the gas station just 2 days ago said there were people taking pictures of your car and I was like really? I then proceeded to tell them these are a dime a dozen in Irvine and LA California and they were like I bet.

Then the price thing came up. How much to get the car like that, etc... So it does happen all over. This is like the fifth or sixth time its happened in six months here.

gatorfast · 04-10-2013, 08:30 PM

I find it so strange when people ask how much the car was. Besides being tacky, it's a question you can easily answer with a discrete Internet search instead of looking like a dbag. Also, who cares ow much it is? If I say $30k or $300k what does it matter to you? Rant over

04-10-2013, 02:04 PM	#1
24601 Major 95 Rep 1,318 Posts Drives: Toy Join Date: Oct 2009 Location: Oahu, Hawaii iTrader: (5) Garage List 2015 Subaru Outback [0.00] 2015 Toyota Tacoma [0.00] 2013 BMW M3 [10.00]	M3 Undervalued??? Now that the third person has asked how much my M3 cost, I tell them to guess and they lowball her at $40k. How an M3 could look like a $40kish car is beyond me!?! They ask, what makes it special, I look at my baby, think and say, "Everything." Granted, to the non-enthusiast, non-car people, they see a 3-Series. So then they assume, eh, $30k. Little do they know that you can get a 328i for nearly $50k when all the option boxes are checked. My M3 is fully loaded and has the performance exhaust and c/f splitters for nearly $80k. When I tell them the price they flip out. One of the three said, "You could have got a Bentley." My immediate reply was, "Dude, that's six figues!" They like the car and they love the SS color but I don't think the M3 gets the respect it deserves. This is just me ranting and raving since I thought you guys would understand best. I love my M3 and she is worth every penny I don't have and it does not matter what anyone else thinks (for the most part, let's be honest here.) Attached Images __________________ Sold - 2014 F01 750Li xDrive CBM M-Sport Sold - 2013 E92 M3 SS w/ ZCP l ZPP l 2MK l 6NR l 752 Sold - 2009 E92 335i LMB M-Sport Sold - 2003 E46 M3 LSB SMG
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04-10-2013, 02:10 PM	#2
mdefalco25 Captain 197 Rep 710 Posts Drives: 03 E46 M3 Join Date: Nov 2012 Location: Normal, IL iTrader: (3)	Well, technically, your M3 has depreciated drastically from when you bought it so they are not that far off on thinking it's a $40,000 car. While your's is still a 2013 it's only a matter of time before it comes down to what the 08s are at now which is below $40,000
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04-10-2013, 02:12 PM	#3
mdosu Banned 314 Rep 8,496 Posts Drives: Double Vanos'd Civic-M3 Join Date: Oct 2009 Location: San Francisco iTrader: (6)	well in 2.5 years, the car will be worth $40k-$50k. IMO, my M3 is not worth $60k+ to me...$40k+, yes, so that's why i bought pre-owned.
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04-10-2013, 02:14 PM	#4
24601 Major 95 Rep 1,318 Posts Drives: Toy Join Date: Oct 2009 Location: Oahu, Hawaii iTrader: (5) Garage List 2015 Subaru Outback [0.00] 2015 Toyota Tacoma [0.00] 2013 BMW M3 [10.00]	LMAO! Thanks guys! __________________ Sold - 2014 F01 750Li xDrive CBM M-Sport Sold - 2013 E92 M3 SS w/ ZCP l ZPP l 2MK l 6NR l 752 Sold - 2009 E92 335i LMB M-Sport Sold - 2003 E46 M3 LSB SMG
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04-10-2013, 03:32 PM	#7
Chriskm3 Colonel 59 Rep 2,186 Posts Drives: M3 Join Date: Jul 2012 Location: Toronto iTrader: (4)	U should have left the pricing on the window __________________ Vf supercharger + tune/H&R coils/ Akra evolution exhaust/Volk te37/ Rs-3 tires/ Brembos /TIal BOV/ OSS blacked out headlights/LUX v3/Led taillights/ Challenge Front lip/ P3 vent gauge/ F10 m5 shift mob/Matte black front grills/ And a funky air fresher
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04-10-2013, 03:35 PM	#8
thepriceisright Private First Class 13 Rep 137 Posts Drives: 2013 E92 M3 Join Date: Mar 2012 Location: Cleveland, OH nkekeke iTrader: (0)	Why on earth do so many people ask you how much your car cost? What kind of people do you hang out with?
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04-10-2013, 03:38 PM	#9
Mr. ///M3 RD Happy Camper 612 Rep 7,869 Posts Drives: C63 AMG & 280 SL on Weekends : Join Date: May 2010 Location: GTA, Ontario - Canada iTrader: (0) Garage List 1969 Restored Merce ... [7.50] 2011 M3 Coupe TRADED [7.34] 1987 BMW 535is [1.00] Cars from the Past [6.50] The ///M3 Engine S65 [9.59]	You know what you paid for it ... she was new when you first touched her ... or as the Austin Martin commercial goes ... "You know you are NOT the first but do you really care" In all seriousness ... we all know that the moment we leave the dealership the car depreciates around $10K then every year depending on the milage and use another $10K we all know this and most of us don't care. Enjoy your car and if someone ask you just tell him "Enough like any other car of this quality" Attached Images __________________ Cheers, Rolf-Dieter Life will take us to some interesting places, fortunately The ///M3 will too with a many of us know this very well, now my C6.3 AMG with 487 HP does it too ---> Click here for some good stuff I found
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04-10-2013, 04:11 PM	#11
Ezio Brigadier General 380 Rep 3,934 Posts Drives: 2023 Alfa Romeo, 2023 m240i Join Date: Nov 2012 Location: MI iTrader: (0)	the fact that you can buy a used 2008 M3 for like under 40k and a new one for over 70k. means for BMW to stop making e92s. LOL.
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04-10-2013, 04:15 PM	#12
dmk08 Gone Fishin’ 7316 Rep 12,125 Posts Drives: Walks Join Date: Jul 2012 Location: Atlanta iTrader: (19)	I don't know why anyone would buy a 2013 instead of a nice CPO 2011 at this point after watching the depreciation. No offense to anyone.
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04-10-2013, 04:33 PM	#15
Kwando Major 431 Rep 1,428 Posts Drives: 2018 340i xDrive Join Date: Jan 2011 Location: London, Ontario, Canada iTrader: (1)	80k for a new M3 in Hawaii sounds cheap..I thought everything was expensive there.
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04-10-2013, 06:50 PM	#18
Rk-d Lieutenant 599 Rep 556 Posts Drives: GT3 Touring, 993 C4S, M2C Join Date: Jan 2013 Location: SE iTrader: (1)	You should stop hanging out with idiots
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04-10-2013, 07:37 PM	#21
Endless619 DHS 194 Rep 3,990 Posts Drives: 2023 M4, 2020 Land Rover Join Date: Oct 2010 Location: Disneyland iTrader: (14) Garage List 2014 Range Rover Ev ... [0.00] 2006 Acura TL [0.00]	I get the same thing here in Maine especially since its modified. You just dont see these cars here. Some folks at the gas station just 2 days ago said there were people taking pictures of your car and I was like really? I then proceeded to tell them these are a dime a dozen in Irvine and LA California and they were like I bet. Then the price thing came up. How much to get the car like that, etc... So it does happen all over. This is like the fifth or sixth time its happened in six months here. __________________ 2020 Land Rover Velar Autobiography 2023 BMW M4 2016 X3
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04-10-2013, 08:30 PM	#22
gatorfast Major General 4989 Rep 6,859 Posts Drives: 718 Cayman Join Date: Jan 2008 Location: SoFla iTrader: (4)	I find it so strange when people ask how much the car was. Besides being tacky, it's a question you can easily answer with a discrete Internet search instead of looking like a dbag. Also, who cares ow much it is? If I say $30k or $300k what does it matter to you? Rant over
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