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BMW 3-Series (E90 E92) Forum
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E90 prices plummeting
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12-31-2016, 02:40 PM | #23 |
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I think a lot of people buy used BMWs through the CPO and demo program. I bought mine used at 2 years old with 1500 miles at about a $10K discount and it was just like a new car, except missing 2 years of warranty. But it did drop a lot when the warranty expired. I have not had hardly any repairs on it. Just routine maintenance and some modding.
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12-31-2016, 03:15 PM | #24 | |
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I put some seriously hard miles on an m4 and the handling impressed. |
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12-31-2016, 03:20 PM | #25 |
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It's really easy to tell if a car has been modded and driven super hard especially 335's because its so publicly known in the BMW world these cars have so much potential.
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12-31-2016, 03:29 PM | #26 |
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All the suspension mods, larger stickier tires, I have no doubt. Still haven't broken it loose at scary speeds 5 mph more than I used to 4 wheel drift at. Coils, lowered,m3 strut brace, monster 245/305 extreme summer tires, m3 front control arms, 95 subframe bushings, LSD, etc etc etc. Only way to prove the theory is hang with one on a curve. Still waiting to do that. But I've driven around anything trying so far. M4 convertible weighs 4041 and pulls 0.94g. So its 100 lbs heavier and I'm sure I can pull more Gs.
Last edited by Fundguy1; 12-31-2016 at 03:46 PM.. |
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12-31-2016, 04:21 PM | #27 | |
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12-31-2016, 05:03 PM | #28 |
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It's a mass produced car with nothing limited or special about it. It's going to continue to drop like a rock. Look at the going rate of any non-M 3 series of previous generations. That'll tell you all you need to know.
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12-31-2016, 05:40 PM | #29 |
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12-31-2016, 06:00 PM | #30 |
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Does anyone think the backlog of Takata airbag affected lease returns is causing the market to drop? BMW isn't allowed to sell them until the airbags are fixed, so I'm curious if there are e90s waiting to get fixed, and when they do, the market flood pushes the price down. I've been in the market for an e90 wagon, and there are very few 2012's out there. Model year 2011-2012's would have been returned in 2015-2016, and I think the BMW stop sale on those cars started in March 2016. I've recently heard the Takata parts are becoming more readily available, so maybe more cars are entering the market?
Also, I'm seeing the 2014 lease returns plummet in value - several available for $25k+ with 60k miles. Obviously, some of this is just due to most people not wanting wagons... |
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01-01-2017, 08:46 AM | #33 |
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01-01-2017, 12:04 PM | #34 | |
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does it have to do with the new turbo engines? even my naturally aspirated 528i 2011 has a terrible resale value now. id much rather keep it. |
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01-01-2017, 12:41 PM | #35 |
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No. Its age. People want the newest, latest, etc. Its normal for every car. Only the M cars hold their value because they are more exclusive.
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01-01-2017, 02:39 PM | #36 | |
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ive had mechanics tell me that the e46 was very simple, reliable and easy to work on. the e90 with the n52 is still quite solid, but more electronics to work on. 2006+ was the age when BMW purposely started making their engines more complicated to work on thus motivating less DIY repairs (bring it in to the dealer). there seems to be a correlation between ease of maintenance, reliability and simplicity compared to overall market resale value. all in all, I would never buy an N20, it has all sorts of problems like timing chain which was not prevalent on the N52. if i had to do it all again, I would buy a 2011 335i RWD Manual, (let alone M sport if i can even find one here in canada.) |
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01-01-2017, 05:57 PM | #37 |
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01-01-2017, 06:06 PM | #38 |
Fuck it dude, let's go bowling.
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01-01-2017, 06:10 PM | #39 |
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01-02-2017, 07:27 AM | #40 | |
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So either, a.) the dealership lies and put an airbag on it prior to auctioning (doubt it?) b.) the dealership removed the airbag defect notice on the carfax somehow? c.) the used car place it's listed for sale at now has some connections? No idea. |
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01-02-2017, 08:04 AM | #41 |
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The airbag thing is nothing unless you are trying to sell to a Jewish mother with 8 kids and who only drives volvos. I bet 90% of people don't even realize there was a recall, of those 90% dont care, and of the 10% who do care, less than half check. Of those that check, 90% figure its free to update anyway so they don't take it into consideration for the buying price. I had to read the initial theory twice to see if it was serious.
Our cars are dropping in value as fast as any other car from any other maker. Once they get below $10k they will stabilze out. The only exceptions to this rule from any maker are the low run collectible ones. If you look at e9x, that would include only m3 or maybe to some extent 335is. No option package or other options would change that. Dealers aren't bmw efgicuanatos. They sell every maker. To them a 328i coupe in a rare color with Msport, 6mt, etc is a 328i. A 335i is a 335i. Mileage, age, and condition is all that matters to them. So what does this mean? If you own one figure when its over 8 years old and 100k it will be under $10k to a dealer. Bad for us. If youre a buyer you can get a great car for a great price. |
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01-02-2017, 08:11 AM | #42 |
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I've always wondered, those who are overly concerned about used prices, when you own one, why? And what if you focus this energy on other things, such as buying Citi and JPM stock 2 days after Brexit, and selling it a week ago? What does it get you, to know how little your used car is worth? Common sense says you can buy a 2006 Audi A8 for $13k, and that simple math says it depreciated about $65k from new. Is anyone really surprised, and what good does it even know to be aware of the steep depreciation? If you don't want to suffer, get a 2014 CPO Camry for $14k. One, you can drive this car for the next 15 yrs. without any trouble. 2, how much can you lose over years, maybe $10k? imho if E9x depreciation bothers you, a CPO Camry is going to make you happy. Or, buy a new Honda, and gloat how much value your car retains.
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01-02-2017, 09:21 AM | #43 |
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Unless it is the e46 zhp then watch out prices climbing.. Or at least that is what sellers like to think.
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01-02-2017, 09:25 AM | #44 | |
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