05-04-2021, 12:25 PM | #89 | |
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Many new car buyers are choosing used instead
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05-04-2021, 01:07 PM | #90 |
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05-04-2021, 07:03 PM | #91 | |
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Fun/HPDE: 2023 M3 6MT Individual Malachite
Past:2023 M4 CSL, 2022 M4C Vert, 2020 M340i, 2018 M2, 2015 M235i, 2008 135i 550whp Daily: 2023 X5 45e Daily/Family: 2021 Atlas Cross Sport 3.6 |
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05-04-2021, 07:18 PM | #92 |
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There are a ton of factors to consider. If you want to talk about depreciation, have a look at the M4 after 3 years, now look at the M2 after 3 years. The M2 is one of the few BMWs with price that hasn't fallen off a cliff. I'm talking about comparing before Covid.
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05-05-2021, 11:59 AM | #95 |
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Really seems like F87 M2 is reaching E46 M3 legendary status...if it hasn't already
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05-05-2021, 12:23 PM | #96 |
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What's that ? Seems like something that lives inside some pationnate fans/owners etc.
Not saying anything negative, just that in reality a status of a car is kind of a personal thing.
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05-05-2021, 02:55 PM | #97 | |
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I got curious and put my info on carvana and got an offer of $38k for my 2017 with 23k miles and I see some good examples asking price of low to mid $40k. |
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05-05-2021, 05:26 PM | #98 | ||
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05-06-2021, 12:42 AM | #99 | |
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The prices are just a product of low supply, easy money, and high demand for everything. Prices for just about anything are through the roof, including collectibles, whisky, computer parts etc. That's probably fair in a normal economy. M2 prices are right at the point where it almost makes no sense to buy one used. You'll always get a slightly low offer from a Carvana, CarMax, etc., though. |
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05-06-2021, 12:48 AM | #100 | |
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05-06-2021, 08:01 AM | #101 |
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Boy, you guys aren't very helpful in pumping up the value of the M2
Admittedly my comment was mostly tongue in cheek. But I do believe the f87 will go down as one of BMWs best ever. No idea what that means for prices, and nor do I really care since I plan on driving mine into the ground.
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05-06-2021, 11:24 AM | #102 | |
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I think this is a great point. The CS will lift all boats below it. Potential CS buyer gets scared off by price. Starts poking around looking at OG & Comp. Hmm. Looks like almost as much car for far less. And while he could gripe that used prices are "too high", the other side of that coin is that it shows how well the car is holding its value - something a used buyer should care about. All flavors of the M2 really are special cars. And not that many people seem to have gotten the memo. Same thing happened with the E86 Z4 M Coupe. Dealers couldn't give them away when they were new. They hit the bottom of their depreciation curve around late 2015, now climbing in value ever since. I see a similar trajectory for the M2, since it will always be relatively rare, and at some point, will be discovered by more enthusiasts.
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05-06-2021, 01:35 PM | #103 | |
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06-06-2021, 01:10 PM | #104 | ||
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Mr car now has 8400 miles. Carvanas offer today, $43.3k Still not selling.
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06-06-2021, 01:19 PM | #105 | |||
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07-10-2021, 07:46 AM | #107 |
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Maybe so but when I bought my comp about 3 months ago I was looking at a '18 OG CPO 20k miles and they were asking 47k and prices are higher now so maybe thats the price now. I know they were willing to negotiate though, pretty sure they woulda let the car go for 45.
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07-10-2021, 08:25 AM | #108 |
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07-10-2021, 07:47 PM | #109 | |
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07-10-2021, 08:53 PM | #110 |
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I think June used car prices were down which I think will trend down as months go by, they have been going up month by month for a while. Personally I would wait, 50k for an OG with that many miles is A LOT. I bought my comp a few months ago and prices were already on the rise but I paid 55k and had 10k miles, a 2020 with still 2 years of warranty left. 50k for an OG with 30k is imo too much.
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