View Single Post
      08-04-2020, 01:16 PM   #29
Cyberdemon
Brigadier General
Cyberdemon's Avatar
1539
Rep
3,332
Posts

Drives: 2020 X5 40i, 2018 M3 Comp
Join Date: Jun 2012
Location: Long Island NY

iTrader: (3)

I had been hunting for an E90 for so long that truthfully it wasn't until I all but gave up and started having serious conversations about an F80 that one finally popped up.

2011 Interlagos on black comp pack, DCT, effectively fully loaded (extended novillo, premium, tech, comp, cold weather, sunroof). 52k miles.

1 owner car in generally excellent condition (no rod bearings, TA's or other big tickets though) - clean paint with some small flakes on the front bumper that appeared from poorly removing the previous owners PPF. They had also done the PPI, new brakes and new front tires/good condition rears, along with a DCT seal repair.

Wound up paying $39,250, but since the car has an aftermarket exhaust I plan to part out that should recoup about $1500 or so. (~$37,750 net).

It was definitely on the high side, but I had compared this recently to another 2011 Lemans Comp with similar miles that was asking $30k and was trashed. Car would've needed a full front respray, had aftermarket trim, no extended leather, major swirls and scratches all over the paint, plus some other cheap mods like worn out alcantara steering wheel, etc. For me the cost to refinish the car, replace the OEM parts, would have probably easily cost me $5-7k, even if I ignored things like the dirty carpets, etc.

As with anything it's supply and demand, the cars that are kept in good shape should continue to hold their value (or appreciate if rarely driven). Given how hideous the G8x M3 looks I wouldn't be surprised if the popularity of the E chassis M cars continues to go up and up.

I still laugh that my brother offered to sell me his 2000 E39 M5 in 2007 for around $16k (with 50k miles). If I had bought that car and kept in in good conditon it would've been worth the exact same amount even with 150K on it.
__________________
Current: '20 X5, '18 M3 ZCP
Previous: '11 E90 335i, '11 E90 M3, '16 VW GTI, '15 M235i, '13 335i, '08 TL-S, '00 Corvette
Appreciate 2
CSBM52736.00
XKxRome0ox1587.50