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      07-24-2020, 06:03 AM   #17
CSBM5
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Drives: 2019 M2 Comp, 2011 M3, etc
Join Date: Nov 2005
Location: Greenville, SC

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Quote:
Originally Posted by dmk08 View Post
Clean E90s are a lot more valuable than E92s thats for sure.
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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Current Stable:
2024 G20 M340i Melbourne Red/Cognac
2019 F87 M2 Competition 6MT, LBB, slicktop, exec pkg
2007 E91 328i Silver, slushbox, Eibach fr/E93 M3 rear sway bars, ARC-8
Appreciate 3