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01-18-2021, 09:50 AM | #23 |
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I wouldn't say it's a good investment, but depreciation-wise it will probably do much better than most other cars in the category.
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davidvan0542.50 |
08-19-2022, 11:05 AM | #25 | |
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Drives: E92 335XI (sold)/E92 M3 (sold)
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Location: Just outside of Boston
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I got lucky. I bought mine for $17K with a loan in July of 2019. Paid down to $11K and refinanced for 20K in April of 2021. Paid it down to $18K and sold it for $27K in March of this year. So approximately, I paid 8K into the principle and was able to pull out $18K. So about a $10K profit. |
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spammysammich1582.00 |
09-15-2022, 04:13 PM | #26 |
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It's a good investment in enjoyment and low depreciation if you put a few thousand miles on it per year. Car is reliable and produced in low numbers. These M guys only like that rare rare or stripper models. I can buy a low mileage individual color car(stripper spec if possible) drive less than 10k miles and probably sell it for the same price. Pretty good for weekend/second car. You do lose money on 10k miles worth of maintenance and insurance unless you believe it will appreciate.
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09-16-2022, 03:14 PM | #27 |
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It will depreciate less than most other cars. Will only be a worth a lot in the future only if you have very low miles, but even then the real rate of return as an investment may not be good. Keep in mind that the value has to increase with the inflation rate just to break even on the price, and inflation is currently quite high.
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09-21-2022, 06:19 AM | #28 | |
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Quote:
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09-28-2022, 12:05 PM | #30 | |
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Quote:
Last edited by Ethan92; 09-30-2022 at 09:12 AM.. |
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spammysammich1582.00 |
09-29-2022, 12:29 AM | #32 | |
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Some E9x M3's are investment cars for sure, the ultra low mile unicorn spec. But unless you got in early, it's probably not going to be worth it purely from an investment point.
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2011 BMW E90 328i xDrive Space Grey/Black - Daily 2011 BMW E93 ///M3 MW/FR/BLK 6 Speed - Gone but not forgotten |
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09-29-2022, 03:34 PM | #34 |
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You don't make money buying a car in general terms. Just not enough value growth long term (outside rare/unusual types). A guy down the road has an E30 M3 sitting in his garage. Has been since I have been in the area. Seen him drive it a total of 1 time. I am sure that he is making money on that car as we speak, but he sure isn't using it as a car. If you want to mothball a car like that, you are still spending money on storage, insurance and the like, so that is all a negative. At the end of the day, he is making money when he goes to sell, but until then it is losing money daily. Not a good investment.
I have been fortunate in my life to have hobbies that tended to make money over time. Baseball cards, I refurbished laptops for a while, as examples, and to some degree cars. Since I have generally dealt with M-cars as my hobby cars I have never done badly on them long term, in that when I went to sell I didn't lose money like I would on a regular car. Plus I got years of enjoyment out of them. All in all I would say that is the only way to look at our cars, not as monetary items but rather as toys to be enjoyed for as long as you choose. You are not going to profit on one in any real sense, but that doesn't mean you can't come out pretty good at the end.
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09-29-2022, 08:49 PM | #35 |
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Just bought an e92 m3 and bought it for the driving experience only. Appreciation would be a plus; I think if any chassis will appreciate, it'll be the e9x or the g8x down the road.
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03-10-2023, 03:01 PM | #36 |
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Only for sure market to make money is hyper cars. Could you imagine buying a carrera gt back when they were going for 300k CAD for them to now hit 1mil+.....
although i guess with inflation now a days, that 300k back then would get you just as far as 1mil would today... |
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03-10-2023, 03:16 PM | #37 |
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spammysammich1582.00 kolosy1480.50 |
03-10-2023, 04:59 PM | #38 |
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It was a blog article…
. Many people think of some models as just that. As do other marquee brand enthusiasts. I do not— now that the pricing/ pandemic is behind us. YMMV
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