Doug Demuro says now is the time to buy an e46 M3, before values sky rocket

[Obioban]

haha yep, had that thought as well but the 46M just continues to pull at me. It's the most beautiful M car ever and I know it like the back of my hand. Plus the 39 prices are getting stupid, too. No way I’m paying 50k for an e39m when a barely used f80z manual is 60k (for me that’s a no brainer ROI contest). Also looking at Mustangs…. But same problem.

So a 46 around 25k is appealing.

Yeah, but from a net cost perspective…

In 5 years that 60k f80 will be worth 30k, while the e39 will be 60k.

[EricSMG]

Yes, good point. Same thing with 46…… probably at least break even when time to sell. So it’s not really purchase price, it’s depreciation plus cost to own plus time commitment plus mods relative to fun factor.

[dr_011]

Are you going to move to a location with a significantly lower cost of living in the near future? If so, how far away would that be? You in a line of work to have that sort of flexibility? Or do you own a house in Malibu or something where you could travel 30 minutes away and buy something much much cheaper? Are you a flipper? Or is your planned time to cash out a decade or two away?

1. possibly
2. gotta be west of the rockies for sure
3. yes
4. i "own" with a small mortgage
5. no
6. less than 10 years if things continue to go well

this ain't my first rodeo, i'll be fine.