M5 values increased - BMW 3-Series (E90 E92) Forum

dxb335d · 02-12-2010, 10:11 AM

I remember a little over a year ago a 55/06 M5 could have been had for low 20's. Now there high 20's early 30's.

Irnbrukid · 02-12-2010, 10:21 AM

Everything was in the gutter a year ago apart from shopping trolleys, thats why they are all worth more now look at M3's M6's RS4's 911's the list goes on.

just wish i had bought that csl last year.. oh well.

dxb335d · 02-12-2010, 10:42 AM

''Oh well'' i agree with that saying haha

What do you have ATM?

Irnbrukid · 02-12-2010, 01:35 PM

Something sensible......

BMW-Power · 02-12-2010, 03:23 PM

Quote:

Originally Posted by dxb335d

I remember a little over a year ago a 55/06 M5 could have been had for low 20's. Now there high 20's early 30's.

are you considering an upgrade Carlos?

MIKEYBMW1 · 02-13-2010, 04:11 PM

yep I got a really good price for my M

willhollin · 02-13-2010, 04:11 PM

How long before the price crash again?

Steve A · 02-13-2010, 05:27 PM

Quote:

Originally Posted by willhollin

How long before the price crash again?

When finance becomes cheap again and freely available. At that point people start ordering new cars again.

NFS · 02-13-2010, 06:20 PM

Quote:

Originally Posted by Steve A

When finance becomes cheap again and freely available. At that point people start ordering new cars again.

At the moment the banks can make a profit lending at 6%APR against a base rate of 0.5%APR

When the money really does start to flow again I think the borrowing rates are going to soar to maintain those profits. That's going to stop the car market racing ahead during 2010.

Cars in particular have seen a 'false' recovery due to control of supply by the manufacturers. The recession is far from over for car dealers.

peterg1965 · 02-14-2010, 03:48 AM

Quote:

Originally Posted by NFS

At the moment the banks can make a profit lending at 6%APR against a base rate of 0.5%APR

When the money really does start to flow again I think the borrowing rates are going to soar to maintain those profits. That's going to stop the car market racing ahead during 2010.

Cars in particular have seen a 'false' recovery due to control of supply by the manufacturers. The recession is far from over for car dealers.

The scrappagfe scheme has probably given them hope too, although the money for that will soon run dry.

gIzzE · 02-14-2010, 01:33 PM

I remember post after post after post after post of people moaning that they were given a crap trade in value last year.

Kept trying to explain to people that the cost to change would never be cheaper for years.

Someone looking at an M5 because it was £24k just couldn't get his head round his M3 being worth only £12k, however, a few months before it would have cost him £35k for the M5 and he would have got £16k for his M3, so the cost to change was actually £6000 less than before. However he kept banging on that he wasn't going to let the dealer take the piss out of him on his trade in!!

He is still in the M3 and still looking for an M5, his M3 is now worth £14k and the M5s are back at over £30k again.

02-12-2010, 10:11 AM	#1
dxb335d The Tarmac Terrorist Drives: E46 M3 Tiag/Imola Join Date: Mar 2007 Location: ''Fandango Towers'' Posts: 28,957 iTrader: (3) Garage List 2003 BMW E46 M3 [3.00] 2007 BMW E92 335D [2.75]	M5 values increased I remember a little over a year ago a 55/06 M5 could have been had for low 20's. Now there high 20's early 30's. __________________
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02-12-2010, 10:42 AM	#3
dxb335d The Tarmac Terrorist Drives: E46 M3 Tiag/Imola Join Date: Mar 2007 Location: ''Fandango Towers'' Posts: 28,957 iTrader: (3) Garage List 2003 BMW E46 M3 [3.00] 2007 BMW E92 335D [2.75]	''Oh well'' i agree with that saying haha What do you have ATM? __________________

02-13-2010, 04:11 PM	#6
MIKEYBMW1 GT3 Drives: PORSCHE GT3 Join Date: Sep 2008 Location: LINCOLNSHIRE UK Posts: 1,679 iTrader: (1)	yep I got a really good price for my M __________________ PORSCHE GT3

02-13-2010, 04:11 PM	#7
willhollin Major General Drives: VW T5 Join Date: Apr 2008 Location: Worcestershire Posts: 9,869 iTrader: (1) Garage List 2007 BMW E92 330d SE [5.00] 2010 Transporter T5 ... [0.00]	How long before the price crash again? __________________

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02-12-2010, 10:21 AM	#2
Irnbrukid Captain Drives: RepMobile Join Date: Jul 2008 Location: Scotland Posts: 978 iTrader: (0)	Everything was in the gutter a year ago apart from shopping trolleys, thats why they are all worth more now look at M3's M6's RS4's 911's the list goes on. just wish i had bought that csl last year.. oh well.

02-12-2010, 01:35 PM	#4
Irnbrukid Captain Drives: RepMobile Join Date: Jul 2008 Location: Scotland Posts: 978 iTrader: (0)	Something sensible......

02-14-2010, 01:33 PM	#11
gIzzE Brigadier General Drives: E350 cdi Estate. Join Date: Apr 2006 Location: Norfolk, UK. Posts: 4,640 iTrader: (2)	I remember post after post after post after post of people moaning that they were given a crap trade in value last year. Kept trying to explain to people that the cost to change would never be cheaper for years. Someone looking at an M5 because it was £24k just couldn't get his head round his M3 being worth only £12k, however, a few months before it would have cost him £35k for the M5 and he would have got £16k for his M3, so the cost to change was actually £6000 less than before. However he kept banging on that he wasn't going to let the dealer take the piss out of him on his trade in!! He is still in the M3 and still looking for an M5, his M3 is now worth £14k and the M5s are back at over £30k again.