Quote:
Originally Posted by CSBM5
That's what the market has shown for sure. There were only 5867 E90 M3s imported versus 15,799 E92s, so that alone will help dictate pricing long term. There is a niche market looking for a manual in a performance sedan (i.e. the E39 M5 formula somewhat), and that leaves only 3135 examples of the E90 imported with 6MT. Just for comparison's sake, that is about 1/3 the number of E39 M5s imported.
Out of those 3135 E90 6MTs, how many have less than 50k miles, have been garaged 24/7 since new, no bodywork, no winter road use, etc? That's one example of an appreciating corner of the E9x M3 market...or at least one holding steady.
I owned an E39 M5 for 15 years and watched it depreciate for the first ~7 years, and from the bottom of that path my car ended up selling for almost twice that value (sold it on BaT two years ago now). Throughout that appreciation path there was a huge contingent of people proclaiming it would never appreciate; that belief is actually a requirement for a car to appreciate -- the vast majority must hold the belief that prices aren't going to go up much "from here" in order for prices to go up, potentially a lot, "from here."
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Yep... then you factor in 08s which I personally don't even consider after owning one at the start. Ive been looking for a clean low mile 09-11 for months. Not an easy task.