M3 Undervalued???

[VCMpower]

Quote: Prometheus


Agree! Fire orange for me Purchase a Gallardo or range rover if you want to feel depreciation

[Chriskm3]

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.

I would. Knowing you have the last NEW e92 in lime rock or santorini blue paint is priceless. Not to mention full warranty

[Atombyte]

When it comes down to it for most people, an M3 doesn't look that much different than a 328. Owning an M3 is kinda like having the biggest/nicest house in a neighborhood. Your perceived value is dragged down by your neighbors' relatively pedestrian houses. Like owning a $700k house in a neighborhood of $400k houses.

[katchup]

i get the price and the milage question almost daily!! I feel ya

[Purple88Gold]

Originally Posted by Atombyte

When it comes down to it for most people, an M3 doesn't look that much different than a 328. Owning an M3 is kinda like having the biggest/nicest house in a neighborhood. Your perceived value is dragged down by your neighbors' relatively pedestrian houses. Like owning a $700k house in a neighborhood of $400k houses.

+1

An M3 is an enthusiast's car. Most people look at it and say it's a 3 series.

[OneMmmm]

This thread is interesting to me... mostly because I've always assumed everyone knows an M3 is a phenomenal machine, not to be confused with a standard 3-series.

I would like to think that the sound and styling alone would infer it's not just an ordinary sports sedan. Then again, my wife thinks I'm crazy every time I roll down the window to listen to a NA engine

[greenmoldy]

Originally Posted by MY13E92M3

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.)

Solution is to leave the sticker price attached to the window

[dmk08]

Originally Posted by Chriskm3

I would. Knowing you have the last NEW e92 in lime rock or santorini blue paint is priceless. Not to mention full warranty

I guess a color is worth 30k to some people. I'm lucky I like black cars. CPO warranties are pretty good. Also who wants an E92? E90 RULE! thats why 2011 last good year haha

[Chriskm3]

Originally Posted by dmk08

I guess a color is worth 30k to some people. I'm lucky I like black cars. CPO warranties are pretty good. Also who wants an E92? E90 RULE! thats why 2011 last good year haha

.

[US///M3]

Originally Posted by Mr. ///M3 RD

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"

The Aston Martin ad is fake...the BMW similar ad is real though.

http://www.carscoops.com/2013/02/bmw...s-not.html?m=1

[Brucewonder]

Originally Posted by Purple88Gold

+1

An M3 is an enthusiast's car. Most people look at it and say it's a 3 series.

+1, never had a wow factor until you drive it

[mdosu]

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.

conversly, I always think, wow, that R8 is a nice $80k car.

I will never make a new purchase of any car that has a MSRP of over $30k

[mdosu]

Originally Posted by Mr. ///M3 RD

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"

come on Rolf...some of us are reading this at work.....

[dmk08]

The only person who has ever asked me how much my car costs was a valet. I didn't even answer him because I thought it was kind of rude. It did make me wonder if he was Ferris Buellering my car while I ate.

[RogeM3]

Originally Posted by Mr. ///M3 RD

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"

couldn't have explained it better myself!

[M4Now!]

As others have said, unless you're a car enthusiast the M doesn't look much different than a 335 (or 328, for that matter). Which begs the question: maybe only car enthusiasts are willing to spend that much money on a car, hence the uneducated opinions?

I only get compliments on mine with the top down, then they're surprisingly frequent. The M IS a bad-ass looking vert!

Cheers

[radiantm3]

I'm pretty sure the average person will look at the Nissan badge on a GTR and assume it's cheaper than the M3. They probably also associate me with riced out hondas because of the functional wing on my car. Doesn't bother me because I don't drive this car to please them or get their approval.

[24601]

Originally Posted by mdosu

come on Rolf...some of us are reading this at work.....

LMAO! it was refreshing though.

[24601]

Originally Posted by gatorfast

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.

+1 I like this.

[davesaddiction]

Originally Posted by OneMmmm

I've always assumed everyone knows an M3 is a phenomenal machine, not to be confused with a standard 3-series.

We (automotive enthusiasts) are the vast minority. Most people probably know what a BMW is, but guessing a small percentage even knows the difference between a 3-series and a 5-series, much less what an M3 is.

[llis]

Originally Posted by MY13E92M3

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

Here's my translation of what's going on in their minds: How much of an asshole are you?

Most people, whatever their income, don't spend a lot on their car(s) -- especially if they have kids. They get the minivan, Subaru, Toyota, whatever, and judge you for not doing what they do. If you spent a lot, that makes you an asshole in their mind, especially if they're envious. If you didn't spend a lot and got value, that makes you smart, you beat The System. The lowball guess is a courtesy, especially since the car isn't flashy like a Lambo or big like an Expedition.

Layered on this is the attitude many people have that BMWs are somehow expensive and ostentatious, even if you get an old one. Some years ago, my friend bought an 8yo E39 530i for 15k, and people who were spending 30-45k on their minivans and SUVs were judging her for being indulgent. Tribal attitudes are very odd sometimes.

[PrometheusM3]

Originally Posted by dmk08

I guess a color is worth 30k to some people. I'm lucky I like black cars. CPO warranties are pretty good. Also who wants an E92? E90 RULE! thats why 2011 last good year haha

Thank you for contributing this thread by masquerading your opinion as fact. You buy CPO cars because you're cheap and don't care about color; others order Individual cars because they want to pay for something they like and enjoy.

Since you insist on quantifying your arguments, the color was actually worth $5K to me, because that was the extra cost of the Individual paint added to the price I paid. The brand new Individual build M3 with 0-5 miles on it, that I get to spec exactly to my personal preferences (try finding a moonroof on the lot, for example), and know that she's all mine and built just for me with every single option I wanted....yes, that's worth the remaining $25K which I paid, gladly, for the pleasure.

Maybe someday you'll experience that joy yourself. But if you don't, please remember, your view of other people's decisions is not a fact, it's simply a worthless opinion. Thanks.