[Matt Fojtik]

Hello all,
I am planning on buying an E9X or F87, my first "real" car. But as I've been watches the market for the past 1.5 years (before I had $$) I could only see how crazy expensive they are getting. I would buy an OG m2, n55. Not a fan of the s55. Not entirely sure on dct or standard yet, like both of them.
But I'm just not sure if they will drop during this recession we are currently in, or continue to rise. Making me second guess wether to pull the trigger or not. Do you think I'm the coming months you will be able to snag one for mid-low $30's?
Thanks for the help!
Matt

P.s. also I posted this in the e9X chat too. So if you've seen this twice it's because it's the same thing haha

[DanG]

I don’t think you will find a decent example in the $30Ks in 2022.

[jayg80]

Agree, low to mid 30's will be tough. Currently on autotrader I only see a few examples under $40K and they are $39K with more than 70k miles. With the next m2 likely having a much higher msrp than the F87, I don't see prices falling out of the sky.

[Matt Fojtik]

Originally Posted by DanG

I don't think you will find a decent example in the $30Ks in 2022.

I especially think because the new m2 will be stupid expensive, along with slightly worse of a pure drivers car. Keeping f87 prices higher

[allinon72]

I remember discussions back in '16-17 about how used car prices inevitably had to drop because they weren't sustainable and here we are 5+ years later. I think inflation alone will keep prices high at least for a while longer and it's going to take a major economic crash for that to change.

No doubt prices will fall a little as the model ages but I don't think it will be significant.

[Bobdaxx]

i was offered 50k on the spot for my 2018 6mt w 25k miles...no way their prices are dropping because new replacement cars are so expensive and hard to get-owners like me are going to hold on to our m2s keeping them scarce on the market

[///393]

Trying to time the market isn’t wise when managing your investments, and it’s probably not a great idea for all the same reasons trying to buy a M2 at the “bottom”.

What’s the ‘value’ of driving an M2 today instead of 24 months from now? Debatable but I’d argue it’s high, and it’s material to this decision.

[H2O_Doc]

Originally Posted by wilson kop

Trying to time the market isn’t wise when managing your investments, and it’s probably not a great idea for all the same reasons trying to buy a M2 at the “bottom”.

What’s the ‘value’ of driving an M2 today instead of 24 months from now? Debatable but I’d argue it’s high, and it’s material to this decision.

Originally Posted by wilson kop

What's the 'value' of driving an M2 today instead of 24 months from now? Debatable but I'd argue it's high, and it's material to this decision.

This is smart. This is important food for thought. And this is why I bought.

Happy to be in my M2C. Zero regerts.

[carchrism5]

Figure out what the value of having the car now is versus waiting a year plus, although a consideration living in CT if you don't plan to drive it in the winter to wait a bit. If you stay very active in the market you will find a good car, you just have to be the first to find it. I bought my M2 a few days before Christmas from an NY dealer at what I feel was a very fair price. I saw it come up, no pics or information, went over to dealership and left a deposit. I did the same with a 911 this year (although further so did it via pics and over the phone). Takes a bit of time and patience but worth it in the long run, if you expect to wait until the general market brings prices to mid 30s you'll be waiting quite a while.

[Al Bundy's Dodge]

The sooner you buy, the sooner you're driving an M2.

You won't care in 30 years that you may have "overpaid".

[ASAP]

I could see the M2C's dropping into the low 50s once the new one releases... but high 40s wont happen for a long time... the irony here is that in 2019 when I bought mine i had the choice of buying a used one at 54k or a new one at 60K... For me, the new one was a no brainer... today, I have no idea what i'd do.

[allinon72]

The whole "price drop when the new model comes out" narrative is always overhyped. Sure prices will fall marginally but they won't fall like a rock. Add to the fact that the G87 will be considerably more money and probably won't have people tripping over themselves to buy one.

[ASAP]

Originally Posted by allinon72

The whole "price drop when the new model comes out" narrative is always overhyped. Sure prices will fall marginally but they won't fall like a rock. Add to the fact that the G87 will be considerably more money and probably won't have people tripping over themselves to buy one.

people are tripping over themselves to buy the new m3

[akkando]

Are you a "I got a great deal" guy or "I got what I wanted" guy? If you say both you're really a deal guy.

Or perhaps you're "I literally can't afford it unless it's 32k" guy? If that's the case then obviously wait.

[KevinC]

Originally Posted by wilson kop

What’s the ‘value’ of driving an M2 today instead of 24 months from now? Debatable but I’d argue it’s high, and it’s material to this decision.

[Capt Canuck]

IMHO any 'big spend' has to be these 2 key things, in this order:

1. The time is right (however you measure that) for me/us to make this purchase
2. I/we can accept (however you measure that) the immediate and ongoing costs of this purchase

Until then you are just sitting on the pot, so to speak.

If you're at 1 great. If you aren't at 2, then no biggie, keep an eye on the market so you're able to move fast when 2 is realised.

[swampfox94]

Side comment, I'd say if you're going n55 get the manual. If you're going s55 get the dct. Those are the best pairings IMO

[MooMooM2]

Originally Posted by swampfox94

Side comment, I'd say if you're going n55 get the manual. If you're going s55 get the dct. Those are the best pairings IMO

Lol what? How you come up with this stuff? This makes no sense, its not a wine pairing, transmissions are the exact same, get the transmission you will enjoy

[swampfox94]

Originally Posted by MooMooM2

Lol what? How you come up with this stuff? This makes no sense, its not a wine pairing, transmissions are the exact same, get the transmission you will enjoy

It's just an opinion my guy relax lol. I tried all the options, that's just what I preferred

[///MPhatic]

The market is getting softer, no doubt, but at a very slow rate. It's going to be a very long time before you will see decent examples in the 30's.

Cars like this are a luxury, average mileage is less than 5K a year, so the market will always be high on them.

[2M]

Something is worth whatever one is willing to pay for. Look at the 1M's. As time passes and more and more M2's get totaled and disappear, prices will stay high. You got clean E46 M3's in the 40's and 50's… I predict it will be the same w the M2's

[Bumpinjeep]

My 2 cents, I don't think these cars will drop in value any time soon or simply at any time. I think they will stay relatively pricey, I just don't see them as saturated as the M3 was. It's still rare to see an M2 on the road and I think that plays a big role into market demand.
Also, heres something to look at
https://youtu.be/MRaLC8-EQIQ
Skip to 5:25.