The E46M market, sure. The air cooled Porsche market, pre-Merger AMG market, Benz 500E markets, not so much.
For this market, 88Thousand examples was always going to keep the roof on, as well as Black and Grey interiors, has been my rather consistent view. Irrational exuberance has gotten rational but it's still exuberant. Over half of MSRP for these cars 20+ years on seems pretty strong to me.
People are still buying them "just because I've always wanted one" which doesn't seem like a cost of living concern to me.
maw
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The Official Bring A Trailer (BaT) Thread
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Originally posted by maw1124 View PostMeanwhile, deals and steals are being had...
Bid for the chance to own a 2004 BMW M3 Coupe 6-Speed at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #153,201.
What would it have brought with a Cinnamon or Imola interior? $40k including fees?
In the US, that is...
maw
Either way, it's becoming more and more clear that the market is going through a serious adjustment based on the sale prices we've been seeing. Continued increase in cost of living is making unnecessary purchases either impossible or difficult to justify for most people. I've been selling left over E46 parts online (Kijiji - Canadian version of Craigslist) for the last few years and there is a SIGNIFICANT slow down in demand and interest, even with some very nice and unique parts which would have sold like hot cakes a few years back). Time will tell just how far this will go...
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Meanwhile, deals and steals are being had...
Bid for the chance to own a 2004 BMW M3 Coupe 6-Speed at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #153,201.
What would it have brought with a Cinnamon or Imola interior? $40k including fees?
In the US, that is...
maw
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Originally posted by Deen HK View PostI used to eat, sleep, and breath e46 m3’s - but have been out the game for a couple years now. It’s wild to see what prices have reached for these things. Been wanting to try out an f80, but now I want to come back home lol. Hopefully my 996T sells soon!
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I used to eat, sleep, and breath e46 m3’s - but have been out the game for a couple years now. It’s wild to see what prices have reached for these things. Been wanting to try out an f80, but now I want to come back home lol. Hopefully my 996T sells soon!
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Originally posted by heinzboehmer View Post
It's funny to watch this video cause the ultra special, one of a kind, impossible spec car just looks like... an M3? lol
I guess I really do not understand these collectors
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Originally posted by heinzboehmer View Post
It's funny to watch this video cause the ultra special, one of a kind, impossible spec car just looks like... an M3? lol
I guess I really do not understand these collectors
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Originally posted by Ramo View Post
Looks like this guy was the 2nd bidder who won the car. It popped up in my recommended feed on YouTube.
https://youtu.be/si3inmSJ_Xc?si=kSNVWsqlxXnDMnS4
I guess I really do not understand these collectorsLast edited by heinzboehmer; 07-02-2024, 11:16 AM.
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Great sleuthing being done in this forum! Fun video. Would not take much effort for BaT to correct the sales price in cases like this one. I guess they'd counter new buyer might not want price made publlic.
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Originally posted by jet_dogg View Post
Almost seems like shill bidding going on though I don't follow these things. Nobody in their right mind is paying 112 for a 29k mile lsb.
The second highest bidder for the LSB bid 80k and the third highest bidder bid 78k. The car most likely sold for around 78k and the BaT fees were covered by the highest bidder. But because BaT is not correcting their listings post auction, everyone thinks it sold for 112k. That's a good 30% off the mark.
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Originally posted by Slideways View PostIt turns out the 111k LSB car sold to the second bidder at a lower price. This, along with the 66k IB (marked as sold) where the buyer backed out and probably a few other cars, gives an idea of how bad the data is on BaT's site.
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Originally posted by Hammerfang View Post
Can you share the link to the 111k LSB car?
EDIT: never mind, assuming you meant this car
https://bringatrailer.com/listing/20...-m3-coupe-179/
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Originally posted by Slideways View PostIt turns out the 111k LSB car sold to the second bidder at a lower price. This, along with the 66k IB (marked as sold) where the buyer backed out and probably a few other cars, gives an idea of how bad the data is on BaT's site.
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Originally posted by Slideways View PostIt turns out the 111k LSB car sold to the second bidder at a lower price. This, along with the 66k IB (marked as sold) where the buyer backed out and probably a few other cars, gives an idea of how bad the data is on BaT's site.
EDIT: never mind, assuming you meant this car
Last edited by Hammerfang; 07-02-2024, 09:15 AM.
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It turns out the 111k LSB car sold to the second bidder at a lower price. This, along with the 66k IB (marked as sold) where the buyer backed out and probably a few other cars, gives an idea of how bad the data is on BaT's site.
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