Announcement

Collapse
No announcement yet.

Depreciation on an M6

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Depreciation on an M6

    After a few months of searching with a friend at work I am now interested in swapping the CSL to an M6, however are these machines going to hold prices well in a few years compared to the CSL? I bought the CSL for the driving experience and a future investment. But my concern is that if I buy an M6 that has been offered to me for £23k what will it be worth in years to come

    Cheers
    T

    #2
    I don't think so. Personally, I think they'll continue to shit their value as:

    1. High number about (compared to CSL)
    2. V10 has (I believe) a percieved / known high maintenance cost and will bankrupt you if goes pop
    3. Feckin ugly

    I think they are great GT's and much car for the money, but price wise, I think they'll go the way of 840/850.

    Buy with a warranty seems to be the advice .

    Good luck !

    Comment


      #3
      Originally posted by Yanto View Post
      I don't think so. Personally, I think they'll continue to shit their value as:

      1. High number about (compared to CSL)
      2. V10 has (I believe) a percieved / known high maintenance cost and will bankrupt you if goes pop
      3. Feckin ugly

      I think they are great GT's and much car for the money, but price wise, I think they'll go the way of 840/850.

      Buy with a warranty seems to be the advice .

      Good luck !
      Agree with Yanto on this.They will not hold there value like a CSL and you need deep pockets to run one.:bigcry:

      Comment


        #4
        Originally posted by Yanto View Post
        I don't think so. Personally, I think they'll continue to shit their value as:

        1. High number about (compared to CSL)
        2. V10 has (I believe) a percieved / known high maintenance cost and will bankrupt you if goes pop
        3. Feckin ugly

        I think they are great GT's and much car for the money, but price wise, I think they'll go the way of 840/850.

        Buy with a warranty seems to be the advice .

        Good luck !
        +2 I agree with Ian for a change... :hahaha:

        I would keep the CSL and stretch to getting the M6 as well if funds allow. You can then sell the M6 in 6 months after you've had your straight line fun and before it's value plummets too far lol!

        Comment


          #5
          Thanks for the quick advice guys.

          I thought they would still plummet in price, the bonus of the deal was that he was putting a new BMW Warranty on it at £1900 for no extra charge.

          But knwoing now that prices are still yet to fall, its not a great time to change I guess.

          Running costs are high, but I only intend to use for fun similar to the CSL.

          Thanks
          Thomas

          Comment


            #6
            Originally posted by glendog74 View Post
            +2 I agree with Ian for a change... :hahaha:

            Yanto + Bounce + Glendog = 3 :whistle:

            Ps. +1 = 4, ie I agree the M6 I think will be a money pit without a warranty and still relatively expensive with. Worst case is buy it and put it up for sale almost immediately whilst enjoying the initial buzz and sell as soon as possible with most of its warranty left.

            Pip

            Comment


              #7
              M6 buying guide in Evo this month

              They reckon the roof is prone to leaking too

              Comment


                #8
                Don't invest in airlines or buy an m6 :thumbs:

                I have also felt drawn to the mighty v10 but thankfully resisted when csl +40k and again at csl +20k.

                Comment


                  #9
                  Originally posted by Pip1968 View Post
                  Yanto + Bounce + Glendog = 3 :whistle:

                  Pip
                  Technically i think +1 means 'in addition to', so i think i can sleep soundly tonight knowing that Bounce and i were +1 & +2 in addition to Yanto's original observation... :birdman:

                  Comment


                    #10
                    Originally posted by glendog74 View Post
                    Technically i think +1 means 'in addition to', so i think i can sleep soundly tonight knowing that Bounce and i were +1 & +2 in addition to Yanto's original observation... :birdman:
                    Thats right Rob.:hahaha:

                    Comment


                      #11
                      What ever. Talk to the hand :blalalala:

                      Or perhaps I should say hands !

                      Pip

                      Comment


                        #12
                        Asking such questions on M3 CSL forum won't give you the answers.

                        On here, you have people that think only CSL can take corners fast and everything else is a boat. Also, most are into trackdays and hence the point of view towards... do not buy it.

                        An M6 is great for B road blast but not so much on track - too heavy. Curb weight is 1785kg (all in)

                        Ok, i actually had an M6 so i'll give you my advice;

                        1. Running costs as a daily driver - forget it tbh. 12 - 14mpg is an achievemnt in town but mid 20s on motorway runs. I feel the issue of fuel consumption is magnified by smal tank (73L)

                        2. M6 which was tested by Chris Harris on Silverstone, did 2 seconds faster than E90 M3.

                        3. The overtaking power is fcking addictive as is the V10 sound which beats CSL inline 6 on so many levels...

                        4. M6 is a GT car. Relaxing and refined, quiet.

                        5. Rock solid in high speeds!!

                        6. You hardly ever see an M6 on the road

                        7. There are many things that have been enhanced compared to E60 M5 (i only say this because people always start comparisons) i.e. Aluminium doors, CFRP side wings, CF roof and so on.

                        8. Faster from rolling start compared to 997 Turbo

                        9. 200 mph rocket! Exotica teritorry

                        10. The last V10 M engine derived from F1

                        My advice is - buy it and i can't see an M6 losing much money. I see some at £19k but tbh. there is a difference between the early and late models.

                        Now go and buy one in SS II and full leather only!! oh and warranty as well - early models do have certain issues...

                        Comment


                          #13
                          Some very valid points by rutkowski and the M6 is an epic car BUT boy is it ugly :hahaha: Not sure I could live with it on my drive.

                          But if you fancied a few months of fun with it and then shifted it quickly I don't think you'd lose much.

                          Comment


                            #14
                            Fair points Rutkowski - never said it was a bad car...in fact, I said it was a great GT.

                            Am not precious about CSLs. I think they're great cars but there are some better and some worse. I've had some great laughs cornering "at speed" in my old 205 Gti. I just don't buy the straight line speed arguement unless you are at a vmax event (which doesn't appeal to me at all). Useless quality on a public road with the cameras / rozzers which leaves trackdays, which let's be fair, there are better options than an M6.....and no, I don't neccesarily mean CSL

                            I think my depreciation view still stands. The M6 is a mega but strikes me (from reading forums) as a technically complicated car...which is great new and warrantied but I believe a less attractive proposition to the used car buyer in the future as they fall into the hands of people who won't maintain them correctly...could see gtr going the same way for example.

                            Lower numbers, less complicated, smaller capacity engine, probably more enthusiast owned examples etc will probably mean the CSL will shit less of it's value which was the original basis of the question.

                            Comment


                              #15
                              and I still maintain, it ain't pretty.

                              Comment

                              Working...
                              X