How bad will the M3 resale value be when gas reaches $5 a gallon?

[V1.47fan]

What do you think?

The M3 is a very capable car but so is the 335i with some Bilstein PSS10 and some sticky tires,with a piggyback and an AT it's faster with better fuel consumption.
Yet When I wanted to trade my car,the same dealer offered me about $3,000 less than I got for my E90 330i 2 years ago.

Will the market treat the gas guzzler M3 like trucks and SUV's? Also what are you getting for MPG with your E9X M3?

[J08M3]

I don't think MPG and price of gas has much affect on the M3 buyer. It's a different market than the SUV market.

[addy85]

Originally Posted by J08M3

I don't think MPG and price of gas has much affect on the M3 buyer. It's a different market than the SUV market.

I agree with you. I think that a different model m3 will hurt its resale value more then gas will (Forced induction, face lift, etc.)

[Big Windy]

Originally Posted by J08M3

I don't think MPG and price of gas has much affect on the M3 buyer. It's a different market than the SUV market.

+1. the m3 buyer isn't going to be detracted by .50 cents on the gallon.

[Ronin13]

Originally Posted by V1.47fan

What do you think?

The M3 is a very capable car but so is the 335i with some Bilstein PSS10 and some sticky tires,with a piggyback and an AT it's faster with better fuel consumption.
Yet When I wanted to trade my car,the same dealer offered me about $3,000 less than I got for my E90 330i 2 years ago.

Will the market treat the gas guzzler M3 like trucks and SUV's? Also what are you getting for MPG with your E9X M3?

You can also consider what does modding a 335 do to its resale value.

[ase2dais]

I agree
... the new M3 is catered for an exclusive market niche vs a 335i which are dime a dozen. Although seems like the first years sales projection was a bit off than expected (weak US Market and oil prices) BMW will not permit a surpluses (like US SUVs etc), as per Roundel Article BMW will produce less for the US market and divert some to China and Russia. So the simple supply/demand side economics will be in check to hold its value steady. OP analogy to surplussed SUVs vs unfounded M3 surpluses is wishful thinking to some group of guys out there waiting on the wings, for a 1-2 yrs sligthly used M3s at drastic drop prices.

Before I bought this M3, I thought twice of picking up a used e93 335i, but was scared of what the seller may have done to the engine, so I stayed away from it since the warranty expiring soon and I dont want to be holding the bag. Plus I really wanted a /M car

my .02 cents of crse

[V1.47fan]

Originally Posted by ase2dais

I agree
... the new M3 is catered for an exclusive market niche vs a 335i which are dime a dozen. Although seems like the first years sales projection was a bit off than expected (weak US Market and oil prices) BMW will not permit a surpluses (like US SUVs etc), as per Roundel Article BMW will produce less for the US market and divert some to China and Russia. So the simple supply/demand side economics will be in check to hold its value steady. OP analogy to surplussed SUVs vs unfounded M3 surpluses is wishful thinking to some group of guys out there waiting on the wings, for a 1-2 yrs sligthly used M3s at drastic drop prices.

Before I bought this M3, I thought twice of picking up a used e93 335i, but was scared of what the seller may have done to the engine, so I stayed away from it since the warranty expiring soon and I dont want to be holding the bag. Plus I really wanted a /M car

my .02 cents of crse

How exclusive is this M3 market niche?

http://www.msnbc.msn.com/id/25352526/

[ase2dais]

Originally Posted by V1.47fan

How exclusive is this M3 market niche?

http://www.msnbc.msn.com/id/25352526/

exclusive enough to know some cant afford it, unlike their peers, and that M3 owners dont want any substitute

[swamp2]

In a remote location in San Diego county I already paid over $5/gal (once). Hasn't affected me a bit.

[consolidated]

Originally Posted by ase2dais

Before I bought this M3, I thought twice of picking up a used e93 335i, but was scared of what the seller may have done to the engine, so I stayed away from it since the warranty expiring soon and I dont want to be holding the bag

A few used 335 buyers are going to get unknowingly stuck with a warranty voided car. BMW buyers typically aren't interested in engine modified cars, your going to be able to get a 335 for very short money soon, if you want to gamble. It won't take many "horror stories" to affect their value.

[440hpe46]

I do not understand how people have a $1000/mo car payment and complain about it costing an extra $16 per every $1 a gallon of gas rises...

[lucid]

State of the economy and credit issues will dictate the demand for used E9Xs more than anything else. Gas going up by another dollar or two from here is probably inconsequential for a car that sells for well over $60k. Gas prices can double and I still wouldn't care personally, but that might price those who are really stretching to own this car out of the market (they most likely are being stupid by stretching so hard to begin with). I don't know what percentage of the E9X M3 buyers those people make up, but it can't be huge I guess.

[V1.47fan]

I was thinking that more people would buy a used M because of their budget but if gas price is way up there,shouldn't that affect resale value more so...
Well I guess I was wrong those rich guys buying new and used M3's aren't worried about fuel prices.

[lucid]

Originally Posted by V1.47fan

Well I guess I was wrong those rich guys buying new and used M3's aren't worried about fuel prices.

I, for one, am not rich. It's just a matter of the relative cost of gas to the overall cost of the car. It doesn't make sense to worry too much about a hundred bucks of extra fuel cost a month if you can afford the car without taking irrational financial risk. Yes, a hundred bucks is hundred bucks, and I work hard for it and rather not pay it, but I'd rather focus on enjoying the car. I didn't buy it as a museum piece.

[V1.47fan]

Well I guess the weak economy isn't helping either,4 years ago our local dealership never had more than one M3 in their lot,I stopped by last night and they had 4 M3's sitting there.

[Robert]

It's going to $7 dollar a gallon soon and that will make an impact

[Emdriven]

Dont know if you guys/girls have seen this site: www.mygallons.com. Basically you join for $29 and they send you a card. With this card you buy lets say 100 gallons of gas for the price in your area. For example 100 gallons at $4.05 like currently in Miami. If gas continues going up, you can use your card and pay $4.05 as long as there is a balance in you card. Maybe something to look into.

[ihyln]

Originally Posted by Emdriven

Dont know if you guys/girls have seen this site: www.mygallons.com. Basically you join for $29 and they send you a card. With this card you buy lets say 100 gallons of gas for the price in your area. For example 100 gallons at $4.05 like currently in Miami. If gas continues going up, you can use your card and pay $4.05 as long as there is a balance in you card. Maybe something to look into.

This sounds like a good idea too! http://www.runyourcarwithwater.com

[TheBry]

Originally Posted by Emdriven

Dont know if you guys/girls have seen this site: www.mygallons.com. Basically you join for $29 and they send you a card. With this card you buy lets say 100 gallons of gas for the price in your area. For example 100 gallons at $4.05 like currently in Miami. If gas continues going up, you can use your card and pay $4.05 as long as there is a balance in you card. Maybe something to look into.

It's called fuel hedging. Airlines and shipping companies have done that for years -- it's about time they extended it to civvies.

[lucid]

Originally Posted by ihyln

This sounds like a good idea too! http://www.runyourcarwithwater.com

Love it. Thanks!

Also, for a limited time ONLY, they have reduced the price from $297!

At the top of the page there is a picture of a Clio I think, so I am not sure if this would work with the M3. Also, I will be supercharging my car next week after the break when shops open, and it doesn't say if it works with that. I'll send them an email and ask though. I wonder what they will say. There was a guy here many months ago who was saying that the new M3 is crap and that he likes Clios better. This sounds like the perfect opportunity to save money for him!

[Ramphaus]

I'm sure that there are a few who are "just making it" even with their M3. They probably financially stretched themselves unnessarily anyway. For most M3 owners though, our expendible income probably allows us to not care so much about the cost of gas. ALTHOUGH, it does pain me somewhat to see what that per-gallon number is approaching - it doesn't make me drive my M any less or any differently.

[ase2dais]

Originally Posted by consolidated

A few used 335 buyers are going to get unknowingly stuck with a warranty voided car. BMW buyers typically aren't interested in engine modified cars, your going to be able to get a 335 for very short money soon, if you want to gamble. It won't take many "horror stories" to affect their value.

Correctomundo! and the Operative Word you used is Unknowingly, which I liked.
So used 335i buyer beware.