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The $100k mark?

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  • usdmej
    replied
    Originally posted by pawa_k2001 View Post
    Collectors are the worst, you can look at the Porsche world as an example. .

    while briefly considering purchasing a gallardo convertible I stumbled upon a facebook group of 6spd owners conspiring to control the market by coordinating sales so that no cars went to market in the winter time and no more than 1 or 2 went up for sale at a time in the summer.

    when you buy a certain car, the community and culture definitely come with it.

    Leave a comment:


  • pawa_k2001
    replied
    Collectors are the worst, you can look at the Porsche world as an example. These guys(collectors) are the cheapest a$$holes out there. Old cracking tires, deferred maintenance, leaking gaskets, etc. In the 930 world you can see the enthusiasts chasing oil leaks while collectors, "if it doesn't leak, it must be empty". This is said just because every collector is looking to make a buck, they don't want to be putting extra money into the car since it cuts into their profits.

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  • bmw
    replied
    Originally posted by repoman89 View Post

    Because it makes it more expensive to actually use, and replace if needed? I bought mine to drive, and having to worry about it as an “asset” that gains value each year is annoying. I have brokerage and retirement accounts for that.
    Cars that appreciate are like brokerage/retirement accounts that are fully insured 😀. I started buying 911s explicitly for this purpose a few years ago as in addition to the reliable appreciation I enjoy seeing the cars in my garage and driving them on occasion.

    I fully believe there will be 200K E46 M3s in the coming years. All signs indicate the E46 will be "the" classic BMW of the era. Luckily for those that don't want their cars to appreciate too much, the 200K cars+ are typically rare low mileage garage queens.
    Last edited by bmw; 07-12-2021, 05:01 AM.

    Leave a comment:


  • jet_dogg
    replied
    I remember when BMW had devalued new s54s during the rod bearing fiasco to $6k for warranty purposes.

    I should have bought two, or three.

    Leave a comment:


  • pawa_k2001
    replied
    2002 Slicktop with 64k miles, I am ok with my car being valued at $20k since I didn't buy it to have an asset. I love the car I have and I have been in an E46 M3 for over 10 years, values going up only makes it more expensive to keep my car and I want to keep it since I love driving it. Prices of used S54 engines already went up significantly and it will only get worse with the values going up further.

    I don't want E46 M3s to become the next E30 M3s, E30 M3s are rarely enjoyed, people park them since they are now an "asset".

    Leave a comment:


  • VisorM3
    replied
    Originally posted by repoman89 View Post

    Because it makes it more expensive to actually use, and replace if needed? I bought mine to drive, and having to worry about it as an “asset” that gains value each year is annoying. I have brokerage and retirement accounts for that.
    I guess that depends on your car's specs and miles. I don't mind if the prices go up a little, so I can use it for ''free'' for a couple years. Maybe I'll try to keep this one for longer though. And I mean they are still affordable and parts plenty available so we aren't near any kind of huge increase in ownership costs. Parts are more expensive than let's say 8 years ago for sure but still reasonable.
    Maybe insurance costs could go up if you have it appraised at today's market.

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  • repoman89
    replied
    Originally posted by VisorM3 View Post

    Why wouldn't you want anything you own to go up in value???
    Because it makes it more expensive to actually use, and replace if needed? I bought mine to drive, and having to worry about it as an “asset” that gains value each year is annoying. I have brokerage and retirement accounts for that.

    Leave a comment:


  • VisorM3
    replied
    Originally posted by pawa_k2001 View Post
    Don't understand why people want prices to raise unless they want to make a buck on their M3.
    Why wouldn't you want anything you own to go up in value???

    Leave a comment:


  • pawa_k2001
    replied
    Don't understand why people want prices to raise unless they want to make a buck on their M3.

    Leave a comment:


  • Andy2424
    replied
    Originally posted by 02_lsb View Post
    Why not?

    EAG stopped listing their e46 prices. They have a 2002 Estoril, same interior as this LSB. They are also the same EAG that said they would only sell LCI cars, but times change and inventories dry up.

    I’d be curious to know what they want for their Estoril, could be a good comp.

    Years ago on the old m3forum, someone posted a video of Doug Demuro reviewing a low mile e46 m3 and a lower mile e39 m5.


    Edit: here is the said video https://youtu.be/K8h-hZouHZk

    Here’s the said EAG car: http://enthusiastauto.com/bmw/m3seri...dual-2812.html
    The Car is from 2001-11-20 from Regensburg

    Leave a comment:


  • jbfrancis3
    replied
    Anecdotally, I've noticed the gray interiors aren't able to command as much of a premium. So this price seems far-fetched

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  • 01SG
    replied
    Now that's outrageous.

    Leave a comment:


  • 02_lsb
    replied
    Why not?

    EAG stopped listing their e46 prices. They have a 2002 Estoril, same interior as this LSB. They are also the same EAG that said they would only sell LCI cars, but times change and inventories dry up.

    I’d be curious to know what they want for their Estoril, could be a good comp.

    Years ago on the old m3forum, someone posted a video of Doug Demuro reviewing a low mile e46 m3 and a lower mile e39 m5.


    Edit: here is the said video https://youtu.be/K8h-hZouHZk

    Here’s the said EAG car: http://enthusiastauto.com/bmw/m3seri...dual-2812.html
    Last edited by 02_lsb; 07-07-2021, 06:15 PM.

    Leave a comment:


  • Icecream
    replied
    Originally posted by oceansize View Post
    For me personally, even with my collector's hat on, I'm not seeing it for anywhere close to that. 2001, grey interior, sunroof, and non zcp (obviously). For looks I prefer the 19s over the 18s. The floormats are black and grey came with grey floormats (for that price it should have correct floor mats). On the plus side all original, lsb, and manual.

    $75k, no more.

    We don't know what this sold for as the winner bailed and the next highest bidder took it for an undisclosed amount:
    https://bringatrailer.com/listing/2004-bmw-m3-36/
    Second highest:
    https://bringatrailer.com/listing/2006-bmw-m3-coupe-32/
    God that $90k lsb needs to be removed. Never should have posted as sold for 90k. It did not, smh.

    Leave a comment:


  • oceansize
    replied
    For me personally, even with my collector's hat on, I'm not seeing it for anywhere close to that. 2001, grey interior, sunroof, and non zcp (obviously). For looks I prefer the 19s over the 18s. The floormats are black and grey came with grey floormats (for that price it should have correct floor mats). On the plus side all original, lsb, and manual.

    $75k, no more.

    We don't know what this sold for as the winner bailed and the next highest bidder took it for an undisclosed amount:
    https://bringatrailer.com/listing/2004-bmw-m3-36/
    Second highest:
    Bid for the chance to own a 14k-Mile 2006 BMW M3 ZCP 6-Speed at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #23,087.

    Leave a comment:

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