Y'all have probably seen in the for sale section that i've been offloading a bunch of meaty parts. It's with a heavy heart that i've decided to move on from the E46 platform after a fairly short window of time. Early last year I found a great example E46 that I wasn't able to pass on. I've loved every mile i've driven on the car since then, however my passion for the S65 remains too strong and i've decided it's time to pull the trigger. I've tried to find any way possible to avoid selling the E46, although I just don't have the space for an additional car and it doesn't seem like that will be changing soon (Seattle real estate is $$$$).
The reason I started this thread is because I feel I lack some understanding on the valuation side of things with M cars, particularly as they get to be higher mileage and i'd like to learn from y'all. I'm trying to develop a recommendation on where I should price the car, and there are a few inputs into this question that I need some perspective on. I can get into the specs/description of the car below if anyone fancies offering their perspective on what the car is worth, however that's not necessarily my goal here.
I want to understand how the valuation would reasonably be impacted by certain investments into the car, and how that return would vary depending on the mileage of the car. Of particular note to me is that the big 3 were not done on the car by the previous owners. I had been planning to knock them all out in one go before putting any real miles onto the odometer, however the cost required to do so is significant in my area (~$4.1K for subframe reinforcement, ~$2.0K for VANOS servicing, $2.5K for Rod Bearings, >$10K in total). Had I been planning to own the car for the long-term performing these would be a no brainer. Although now that i'm planning to sell the car I just can't imagine the market will let me price 100% of that $10K into a 104K mile car. I'm questioning whether or not I should sink that into the car and take the hit, or if I should let whoever decides to own the car for the long-term address these. Another, albeit smaller example of this is the OEM CSL Bootlid that I threw on the car which I sourced very early this year. In short, how do you all think about the relationship between the cost of certain high value investments into the car and the impact to the valuation of the car? How does this change dependent upon mileage? Am keen to learn more to help my near-term efforts to sell this car, although i'm sure this is also relevant to other M cars / other performance cars and i'm interested in the discussion.
Specs for reference:
-2004 MY w/ ~104k miles (purchased around 103k)
-2 previous owners with healthy service records (lacking any indications of the big 3 being addressed)
-Carbon Black / Black interior
-MT from the factory
-older ICE (no navigation)
-Interior is in great shape (8 or 9 out of 10), exterior paint work is showing it's age (maybe 5 out of 10)
-put some money into refreshing various parts thus far, no outstanding issues with the car (aside from the big 3 needing to be done)
The reason I started this thread is because I feel I lack some understanding on the valuation side of things with M cars, particularly as they get to be higher mileage and i'd like to learn from y'all. I'm trying to develop a recommendation on where I should price the car, and there are a few inputs into this question that I need some perspective on. I can get into the specs/description of the car below if anyone fancies offering their perspective on what the car is worth, however that's not necessarily my goal here.
I want to understand how the valuation would reasonably be impacted by certain investments into the car, and how that return would vary depending on the mileage of the car. Of particular note to me is that the big 3 were not done on the car by the previous owners. I had been planning to knock them all out in one go before putting any real miles onto the odometer, however the cost required to do so is significant in my area (~$4.1K for subframe reinforcement, ~$2.0K for VANOS servicing, $2.5K for Rod Bearings, >$10K in total). Had I been planning to own the car for the long-term performing these would be a no brainer. Although now that i'm planning to sell the car I just can't imagine the market will let me price 100% of that $10K into a 104K mile car. I'm questioning whether or not I should sink that into the car and take the hit, or if I should let whoever decides to own the car for the long-term address these. Another, albeit smaller example of this is the OEM CSL Bootlid that I threw on the car which I sourced very early this year. In short, how do you all think about the relationship between the cost of certain high value investments into the car and the impact to the valuation of the car? How does this change dependent upon mileage? Am keen to learn more to help my near-term efforts to sell this car, although i'm sure this is also relevant to other M cars / other performance cars and i'm interested in the discussion.
Specs for reference:
-2004 MY w/ ~104k miles (purchased around 103k)
-2 previous owners with healthy service records (lacking any indications of the big 3 being addressed)
-Carbon Black / Black interior
-MT from the factory
-older ICE (no navigation)
-Interior is in great shape (8 or 9 out of 10), exterior paint work is showing it's age (maybe 5 out of 10)
-put some money into refreshing various parts thus far, no outstanding issues with the car (aside from the big 3 needing to be done)
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