General Car M3 ownership

[Gearhead999s]

Originally Posted by ns2000x

I went "old manish" with the DCT also. $3900 is quite the ticket price. But like yourself, after driving (though test driving in my case) a 335is with DCT I was sold, and surprisingly converted. I went with the competition package also. These options are were we Canadian's get pilaged compared to our US friends. Can you imagine if we only had to pay $2500 for the 7MA and skip the extra $400 special order? How sweet would that have been?!

From what I was told the 7MA package is supposed to become a normal production option for Canada,so hopefully that happens by the end of March when my car arrives.But I am already paying the $400 special order charge for another "special order"item.Yep we sure do pay through the nose for our options

[ss134]

Originally Posted by ns2000x

This just isn't the case in Canada.
In the major cities (we have about 4) you can expect to see one every day. In a smaller city like Ottawa maybe 1 a month. Outside a city, forget it unless you know someone who owns one.

Take a trip to bmw.ca and search pre-owned E9X M3's if you want to see the size of our market. I'm just glad the city boys buy enough to keep them coming to Canada.

Same in the UK - i looked on BMW Used UK yesterday and there were 12 used E90 M3's available in the whole country.

[M3 vert]

Originally Posted by ss134

Same in the UK - i looked on BMW Used UK yesterday and there were 12 used E90 M3's available in the whole country.

+ 1 And since last year that I have been in the UK (Central London), I see less M3s on the road here then toronto!

[llis]

Originally Posted by adc

And now perhaps for a different opinion - the M3's are a dime a dozen. I think the 1M will hold its value a lot better, considering the limited production numbers and/or time.

I'll tell this to BMW Financing, along with an invoice for the gross overpayment I've made so far.

[cmk227]

Originally Posted by ss134

Guys - youre making me laugh - the US gets these cars dirt cheap and Canada while being more expensive than the US is still cheap - a base M3 sedan in Holland with no options (ie not even metallic paint ) is 111.000 Euro............or $147000 CAD. Other European countries are similar.

Configure your cars here and cheer yourselves up


http://www.bmw.nl/nl/nl/general/conf...configure.html

Be grateful you dont pay over $8.50 a gallon for petrol as well


OP - great advice from quite a few members.... take a look at a CPO M3, hope you find the right car.

I think it has more to do with your gov't forcing the population to use more public transportation. Europe still get oil for a pretty low price not as low as US but still low enough not to warrant $8.50 fuel prices. My home country with a population of 5 million we get oil for around $3.50 a gallon. I believe Europe consumption of oil of 3 days is more than what we do it one year.

[adc]

Originally Posted by llis

I'll tell this to BMW Financing, along with an invoice for the gross overpayment I've made so far.

I must have touched a nerve? Eh relax, I'm in the same boat as you.

Based on past model performance, my prediction is that the E9x M3 - past the steep initial depreciation - will continue to depreciate normally just until the new model comes out (F30). After that, it will drop like a rock.

My buddy picked up a mint 1-owner E46 M3 (2002 85k mi) from a dealer for $18k. ZCP upgrades (rims, brakes) and new tires. He could have picked one privately for a few grand less. That's a steal for him, and a nightmare for the previous owner.

All I'm saying is I simply don't think this pattern will apply to the 1M, due to the limited production numbers (and thus limited amount of cars found on the used market in 3-4-5 years). It has no bearing on the performance or prestige of the car, just on the supply and demand.

[quality_sound]

Look at how much you're going to drive it. M3s with over 20 are hard to sell. Over 30K and you might have to pay someone to take it from you. Which I've never understood. It's a driver's car but used car buyers expect you not to have driven it while you owned it. I don't get it.

1 M Coupe buyers might not care as much.