How much do you think my car is worth now?

[W12x]

2011.5 E92 M3, MW, Fox Red, in service date late May/early June 2011.

Competition Package(with DDC), Convenience Package, Premium Package 2, M-DCT.

Only mod is Lux H8 angel eyes.

MSRP $72425
About 47500 miles.

No known mechanical issues

Some scratches on the bottom of front bumper getting in and out of driveways, a small scratch (like two inch) on the passenger side of the rear quarter panel and rear bumper, some normal curb rashes on edge of the ZCP wheels.



Been thinking about selling the car and just want to see how much you guys think it's worth in a PP deal.


EDIT: Got the Carbon Leather interior, and CF roof. 2nd owner of the car, first owner was a friend of mine and the car's been in Texas the entire time.

[cmk227]

Honestly $42k-$45k. I sold mine over a year ago for $50k w 34k miles.

[ASBSECU E93]

kelley blue book dot com

[Rat3d ///M]

I paid $44,5k for a similar spec'd and mileage M3 about 2 months ago so id say you are in the $40k to $43k range. Us spec M3s command a higher premium over here because they are hard to come by and everyone wants one. I do think i paid a little too much though.

[W12x]

Originally Posted by cmk227

Honestly $42k-$45k. I sold mine over a year ago for $50k w 34k miles.

Thank you for the input

Originally Posted by ASBSECU E93

kelley blue book dot com

I actually found KBB not very reliable when it comes to performance cars like M3 and stuff, some times it's considerably lower than market and some times considerably higher...they are much more accurate for regular cars like Accord/Camry and stuff tho.

Originally Posted by ||||||||||

I paid $44,5k for a similar spec'd and mileage M3 about 2 months ago so id say you are in the $40k to $43k range. Us spec M3s command a higher premium over here because they are hard to come by and everyone wants one. I do think i paid a little too much though.

Why do people want a US Spec M3 in Germany?

[Rat3d ///M]

Originally Posted by W12x

Why do people want a US Spec M3 in Germany?

There is a lot of US Military stationed here, and the Autobahn, not to mention the Nuerburgring and the Hockenheimring.

I am American by the way.

[W12x]

Originally Posted by ||||||||||

There is a lot of US Military stationed here, and the Autobahn.

I am American by the way.

I guess it's popular among the military guys there since it will be easier to take it back to the US if they wanted to?

Personally I think the Euro M3s are better since no ugly orange side marks and I heard some have front PDC sensors

[Rat3d ///M]

Originally Posted by W12x

I guess it's popular among the military guys there since it will be easier to take it back to the US if they wanted to?

Personally I think the Euro M3s are better since no ugly orange side marks and I heard some have front PDC sensors

If you don't plan on keeping the car for longer than a few years, Euro Spec is certainly an option, though I find them to be more expensive so there isn't much in the way of savings. I plan to keep the car for years and years so it had to be US Spec so I can take it back with me. It would be far too hard to part with the car in 4 years, and I am sure a lot of us share the same sentiment.

[Helmsman]

Originally Posted by W12x

I guess it's popular among the military guys there since it will be easier to take it back to the US if they wanted to?

Personally I think the Euro M3s are better since no ugly orange side marks and I heard some have front PDC sensors

...and proper MDM....:-)

[W12x]

Originally Posted by Helmsman

...and proper MDM....:-)

What is the difference between US Spec MDM and Euro Spec MDM? This one is new to me

[ASBSECU E93]

Originally Posted by ASBSECU E93

kelley blue book dot com

If a buyer does not have 100% of your asking price in cash for the transaction, the buyer will likely need financing. If the car is new, lenders will use a % of the sales price to maximize the amount that can be loaned against the car. If used, lenders will use a % of the lesser of purchase or value.

Any lender will likely use a KBB, NADA, Black Book, etc to "book" the car....and mods are given $0 value.

So, it doesn't really matter what a seller thinks their car is worth - the buyers set the market value IMHO. The lender will set the parameter for what can be loaned against the collateral using KBB or NADA, etc...just my .02 as someone in the finance segment.

[Rat3d ///M]

Originally Posted by ASBSECU E93

If a buyer does not have 100% of your asking price in cash for the transaction, the buyer will likely need financing. If the car is new, lenders will use a % of the sales price to maximize the amount that can be loaned against the car. If used, lenders will use a % of the lesser of purchase or value.

Any lender will likely use a KBB, NADA, Black Book, etc to "book" the car....and mods are given $0 value.

So, it doesn't really matter what a seller thinks their car is worth - the buyers set the market value IMHO. The lender will set the parameter for what can be loaned against the collateral using KBB or NADA, etc...just my .02 as someone in the finance segment.

I think NADA, KBB, etc give a great ballpark figure as to what a car is worth, regardless if it is a "performance" car or not, but at the end of the day value is subjective, and a car is only worth what someone will pay for it. Sellers tend to overvalue their car, buyers tend to undervalue them.

OP: Look around in the classifieds section on here, and see what some of the sold listings have gone for. PM the seller and ask if they care to divulge their sale price (they may have taken less than the ad asked for). This will give you a great idea of what you can get for your car, but again, I would say low $40s, mid $40s at best.

EDIT: I thought I would throw in that I like NADA better than KBB, as it seems to be a more honest, fair market value and is more in the middle for buyer and seller. Many dealerships when valuing trade-ins use NADA and steer clear of KBB.

[ASBSECU E93]

Originally Posted by ||||||||||

I think NADA, KBB, etc give a great ballpark figure as to what a car is worth, regardless if it is a "performance" car or not, but at the end of the day value is subjective, and a car is only worth what someone will pay for it. Sellers tend to overvalue their car, buyers tend to undervalue them.

OP: Look around in the classifieds section on here, and see what some of the sold listings have gone for. PM the seller and ask if they care to divulge their sale price (they may have taken less than the ad asked for). This will give you a great idea of what you can get for your car, but again, I would say low $40s, mid $40s at best.

EDIT: I thought I would throw in that I like NADA better than KBB, as it seems to be a more honest, fair market value and is more in the middle for buyer and seller. Many dealerships when valuing trade-ins use NADA and steer clear of KBB.

Agree - ultimately, the value is what a seller/buyer decide a car is worth. Several "other factors" as you mention are also used to determine value - geography, supply vs. demand, etc...GLWS OP.

[mjposner]

The value will drop a lot over 50k miles so now is the time to sell. At least that is what dealers have told me. Also, you are stil under warranty, that is a selling point for a short window anyway.

[STooK]

Yea I think it will be closer to low 40's maybe even high 30's because of mileage. It's pretty much a non warrantied car and these cars seem to take a big drop after or around the 50k mile mark.

[z3papa]

I bought virtually the same car as OP with later in service date, less miles (35k), CPO for $43k a month ago.

[Rat3d ///M]

Originally Posted by z3papa

I bought virtually the same car as OP with later in service date, less miles (35k), CPO for $43k a month ago.

Sounds like you got a great deal. Location and S&D comes into play too though. I have seen these cars vary $5000.00 from one location to the next.

[W12x]

Originally Posted by ASBSECU E93

Agree - ultimately, the value is what a seller/buyer decide a car is worth. Several "other factors" as you mention are also used to determine value - geography, supply vs. demand, etc...GLWS OP.

Haven't really decided to sell it yet, the only fun car I could think of to replace the M3 is a Scion FR-S....

Originally Posted by mjposner

The value will drop a lot over 50k miles so now is the time to sell. At least that is what dealers have told me. Also, you are stil under warranty, that is a selling point for a short window anyway.

I guess I will take it to a few places and see what kind of offers I get, and I will drive the other car before I make my decision to stay under warranty

Originally Posted by STooK

Yea I think it will be closer to low 40's maybe even high 30's because of mileage. It's pretty much a non warrantied car and these cars seem to take a big drop after or around the 50k mile mark.

To be honest, I'd just keep the car if it's in the high 30's since it probably won't drop that much even with more miles on it (judging by how much 08 and 09s are going for), low 40s is a price that I would seriously consider selling it.

Originally Posted by z3papa

I bought virtually the same car as OP with later in service date, less miles (35k), CPO for $43k a month ago.

You got a great deal, I'm not surprised by the deal you got if you bought the car in Illinois or surrounding area tho. It's though selling cars like M3 around there in the winter months, one of my friend got a GT-R when it first came out from that area and they discounted it for $3-4K and the car was being marked up for $10K or more in Cali at that time..

[modkrazy]

How is curb rash "normal"? Is it "normal" to not know where your car is and to run into static obstacles?

Scion FR-S is "fun", but dogshit slow.

Originally Posted by W12x

What is the difference between US Spec MDM and Euro Spec MDM? This one is new to me

US Spec MDM is still in granny mode, Euro MDM allows for a lot more wiggle. Thankfully this is very easily changed through coding.

[W12x]

Originally Posted by modkrazy

How is curb rash "normal"? Is it "normal" to not know where your car is and to run into static obstacles?

Scion FR-S is "fun", but dogshit slow.



US Spec MDM is still in granny mode, Euro MDM allows for a lot more wiggle. Thankfully this is very easily changed through coding.

Yea the FR-S is pretty damn slow, but at least the fun factor can make up for it a little, too bad the rumored 2.5L/Turbo'd FR-S didn't go into production

I stated "normal" since I see them on tons of the ZCP wheels where, but the curb rashes were done by my friend, the 1st owner of this car and I had no clue what happened lol.

Keeping the car or not, I need to look into the Euro MDM thing

[Rat3d ///M]

Originally Posted by W12x

the only fun car I could think of to replace the M3 is a Scion FR-S....

In all seriousness, what would ever possess you to trade an M3 for a Scion FR-S?

[W12x]

Originally Posted by ||||||||||

In all seriousness, what would ever possess you to trade an M3 for a Scion FR-S?

Drove a 2013 FR-S for about a month or two last year. I love the M3 and it handles great, but it's not as nimble as the FR-S.

Personally I think the FR-S is a fun car without really pushing it, but you have to push the M3 a little harder before the fun factor kicks in....I enjoyed simple turning and corning more in the FR-S, but if I wanted to have some fun in the M3 I kind of have to watch out for the cops....but that's just me.