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      08-20-2013, 09:57 AM   #23
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      08-20-2013, 10:00 AM   #24
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KBB estimates the 5-year depreciation of a '13 M3 to be $37k.

Add their projections for other out of pocket costs, and the total 5-year cost to own is $78k (just over $1 per mile).

Moral of the story? Buy used, drive it like you stole it, and keep it for a while!
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      08-20-2013, 10:05 AM   #25
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Quote:
Originally Posted by davesaddiction View Post
KBB estimates the 5-year depreciation of a '13 M3 to be $37k.

Add their projections for other out of pocket costs, and the total 5-year cost to own is $78k (just over $1 per mile).

Moral of the story? Buy used, drive it like you stole it, and keep it for a while!
I'm not sure I completely agree with the conclusion there, although you're right in many cases -- A quick scan of cars.com shows me a few '12's (and back when I bought the car, even '11s) going for the same $64k I paid for my '13 (with ED).

To me the moral of the story is, buy BMW new, and GO TO MUNICH!

Doing that essentially erases the 'drive off the lot' depreciation most people end up with, because the car is $5500 less than it would have been.
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      08-20-2013, 10:05 AM   #26
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It will drop , not just because of the new m4 will be coming out, a car is depreciating as it gets older
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      08-20-2013, 10:07 AM   #27
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      08-20-2013, 10:08 AM   #28
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yes and no, depreciation wont' be steady and will flat out at a few major milestones, the E46 would be a good indicator.

I think a good support level would be low $30k range for a clean 6 year old E9X M3. (around years 2014-2015)

If car is older and higher mileage it can get as low as low $20k for cars up to maybe 8 years old (around 2015-2017), beyond that, the E9X would be 2 generations removed, then it'll dip hard into the mid-teens (around 2018)

E92/E90/E93 pricing differences would compress over time as well.
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      08-20-2013, 10:09 AM   #29
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Quote:
Originally Posted by FVM3 View Post
It will drop , not just because of the new m4 will be coming out, a car is depreciating as it gets older
I know it will drop. I never assumed it would appreciate in value. It's the level of the drop that I was asking about.
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      08-20-2013, 10:13 AM   #30
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Quote:
Originally Posted by nullrouted View Post
I'm not sure I completely agree with the conclusion there, although you're right in many cases -- A quick scan of cars.com shows me a few '12's (and back when I bought the car, even '11s) going for the same $64k I paid for my '13 (with ED).

To me the moral of the story is, buy BMW new, and GO TO MUNICH!

Doing that essentially erases the 'drive off the lot' depreciation most people end up with, because the car is $5500 less than it would have been.
I got my '13 which stickered at 75, 525 with 8,500 off two days after I found it in a dealers inventory. I wonder if they would have applied the same knock down on ED. I don't care about depreciation. I buy cars to own for a long time and enjoy. My E46 went from new to worth 4k. Made no difference. My 335is went from 62,175 to worthless but reimbursed by insurance for 51k after 2.5 yrs of driving and 31k on the odometer. If all goes well, I'll drive the hell out of my E92 and just trade it in and get another rebate on my next BMW which hopefully will be the successor to the F10 M5.
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      08-20-2013, 10:14 AM   #31
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Quote:
Originally Posted by nullrouted View Post
+1 on the 6MT. Just look at SMG vs 6MT on the E46 on the secondhand market. I know SMG vs. DCT is not a 'fair' comparison, but chances are in a few years DCT will also be outdated, whereas a 6MT is timeless.
I think the 6MT is pretty much already considered outdated, DCT-type transmissions are already making manuals a thing of the past. I realize there are some who still like the feeling of shifting gears but this is small minority. Just try to find an MT e9x, Ferrari, Porsche or the like, they're incredibly tough to find, buyers don't want them.
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      08-20-2013, 10:21 AM   #32
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Quote:
Originally Posted by bga23 View Post
I think the 6MT is pretty much already considered outdated, DCT-type transmissions are already making manuals a thing of the past. I realize there are some who still like the feeling of shifting gears but this is small minority. Just try to find an MT e9x, Ferrari, Porsche or the like, they're incredibly tough to find, buyers don't want them.
You see the same trend in cars like Corvettes on the secondhand market. I think it's less that 'buyers don't want them' and more that '(new car) buyers are old people and/or women who don't want to shift' -- The evidence you present ie. that it's hard to find 6MT sports cars for sale is true, but your conclusion is the opposite of mine. You're saying they're hard to find because nobody wants them, I'd say its the inverse, they're hard to find because they sell, very quickly.
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      08-20-2013, 10:22 AM   #33
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The only US M3 that I know of that held it's value well is the E36 M3 LTW. (Yes the one with the aluminum doors)
I know a guy who purchased a brand new for $45k and sold it for $43k about 2 years ago.

And a pristine one ...

http://enthusiastauto.com/qsearch/?i...1#.UhOHOYNOkuo
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      08-20-2013, 10:22 AM   #34
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Quote:
Originally Posted by bga23 View Post
I think the 6MT is pretty much already considered outdated, DCT-type transmissions are already making manuals a thing of the past. I realize there are some who still like the feeling of shifting gears but this is small minority. Just try to find an MT e9x, Ferrari, Porsche or the like, they're incredibly tough to find, buyers don't want them.


I really hope to not make this a dct 6mt thread, but what I meant originally in my statement is that a 6MT will always be adored by enthusiasts. The technology of a manual has not advanced in a long while with the exception of a 7th forward gear (which isn't even necessary). If you take an older performance car, the preferred transmission is the 6MT because by the present time, whatever automatic transmission in it has aged worse than the 6MT. Any automatic gear box from any old porsche or BMW sucks compared to todays 8 speed ZF or DCT, PDK etc.
Today's 6MT will probably be more enjoyable than tomorrows version of the DCT.

No one is saying that 6MT in an M3 is more current than a DCT in the same car.
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      08-20-2013, 10:22 AM   #35
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The only generation of the M3 with a V8 will hold it's value better than most. America loves her V8's. It is also the last generation with all versions being under the "3" tag. There are some unique properties to the E9X generation that no future M3 will likely have.

Keep in mind that resale value of certain cars is tied to emotional connections and the feeling if uniqueness. I think the E9X M3's have that. They will depreciate some, but probably not as much as previous generations.
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      08-20-2013, 10:31 AM   #36
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Quote:
Originally Posted by US///M3 View Post

There are tons of E46 M3's on cars.com going for around $17k.
The newest E46 M3 that you will find is already 7 years old.
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      08-20-2013, 10:39 AM   #37
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Quote:
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The newest E46 M3 that you will find is already 7 years old.
Yeah, a better indicator would be what they were selling for 2 or 3 years after the e92 came out but I don't think anyone has that data
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      08-20-2013, 11:06 AM   #38
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Quote:
Originally Posted by US///M3 View Post

There are tons of E46 M3's on cars.com going for around $17k.
those cars are 10 years old.

so in 2023, i wont feel bad if i flip my car on the track
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      08-20-2013, 11:07 AM   #39
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Quote:
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Yeah, a better indicator would be what they were selling for 2 or 3 years after the e92 came out but I don't think anyone has that data
Low 30's.
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      08-20-2013, 11:08 AM   #40
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Quote:
Originally Posted by bga23 View Post
I think the 6MT is pretty much already considered outdated, DCT-type transmissions are already making manuals a thing of the past. I realize there are some who still like the feeling of shifting gears but this is small minority. Just try to find an MT e9x, Ferrari, Porsche or the like, they're incredibly tough to find, buyers don't want them.
yes, and when you find one, you JUMP on it.....while looking for an m3, all the used cars, even with very low mileage was a DCT and that got me wondering, why the hell is everyone selling their DCT so fast?
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      08-20-2013, 11:17 AM   #41
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I'm in the minority but I'm desparately waiting for the e92 M3 to drop drastically. I got rid of my e92 M3 recently due to unforeseen circumstances and my original plan was to get an M4 but things have changed and now my plan is to get a nice family friendly daily driver like an X6 or X5 and get a cheap 08-09 e92 M3 and mod the living daylights out of it and turn it into a pure track car.
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      08-20-2013, 11:38 AM   #42
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Quote:
Originally Posted by Red_Baron
I'm in the minority but I'm desparately waiting for the e92 M3 to drop drastically. I got rid of my e92 M3 recently due to unforeseen circumstances and my original plan was to get an M4 but things have changed and now my plan is to get a nice family friendly daily driver like an X6 or X5 and get a cheap 08-09 e92 M3 and mod the living daylights out of it and turn it into a pure track car.
Buy an E46 M3 in the meantime.
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      08-20-2013, 12:03 PM   #43
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I wouldn't say plummet but there will be more inventory. I'm in the market for a M but realize that once the M4s come out, people will want the latest and greatest therefore trading in their M3s. When you have more initial supply, the prices will go down.

Anyways this is what I'm hoping for since I'm shopping for one
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      08-20-2013, 12:10 PM   #44
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I don't think the release of the F80 will have much impact on values. The E9x will continue to depreciate at a rate similar to the past 5 years. Certain configurations with low miles and in excellent condition will command a premium, as with any car.
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