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New M3 as an everyday car?
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01-14-2008, 06:09 AM | #1 |
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New M3 as an everyday car?
When I bought my 330i M Sport in 2006, I promised myself I’d buy a new M3 when I came to change it this year. I’ve only just looked at the spec of the new car and was a bit surprised. I expected the new M3 to have about 350bhp, not 420bhp. These new M cars are verging on supercar performance figures!
The problem is I can’t see it being feasible as an everyday car. My 330i does about 22 mpg, as most of our driving is in town ferrying the kids around. If the 330i combined mpg figure is 39.2 mpg and the M3's is 22.8, I’ve calculated that I’d get no more than 12 mpg out of the new M3. I tried the same calculation with the urban mpg figures and it didn’t get any better. Apart from the fuel costs, the range I would get from this car would be less than 170 miles! Have I got my figures right here? I’ve also been looking at buying a 2 seater sports car as well and the fuel consumption figures for this 480 bhp car are not much different to the M3. The difference is I’d only be doing 4k miles a year in the sports car, not using it every day. Have BMW gone a bit too far with the new M3? I reckon there could be a lot of low mileage M3’s on the dealer’s forecourts in a year’s time. |
01-14-2008, 06:29 AM | #4 |
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I found the M3 to be a very usable everyday car, so totally civilised. However on my test drive, which was spent exploring the cars potential, the fuel consumption was only around the 12-13mpg mark.
In everyday driving (commuting) our old six cylinder M3 used to average around 18mpg. Regards Chris
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Previously: 2007 335D MSport E90 Le Mans Blue, 2004 330D A Sport Silver Grey, 2002 330D A Sport Saphire Black, 2001 320D SE Touring Titanium Silver, 1998 M3 Evo Techno Violet, 1996 328i Sport Montreal Blue, 1994 325i Coupe Red, 1989 325i Sport 2 door Dolphin Grey,1986 325i SE 4 door Lachs
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01-14-2008, 06:49 AM | #5 |
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Go for a 335i instead. It will match your 330i for mpg and can be remapped to similar bhp as an M3 for £700.
My commute to work consists of b-road stop start driving and I can get almost 30mpg from my 335i (almost 400 miles per tankfull). I find it the perfect compromise. |
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01-14-2008, 07:02 AM | #7 |
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Having driven the M3 I can say that it is perfectly feasible to use as an everyday car. The question is can you, or do you want to, afford to use it as an everyday car as it will be thirsty.
Like you I am also considering a small two seater for occasional use and am beginning to think that something like a 535d may be better suited as the everyday car. |
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01-14-2008, 08:39 AM | #8 |
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You might consider a 335d: 30+ mpg, if you can live with an auto. It's a very good auto, but still an auto.
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Previously: 2015 F32 430d M Sport, 2012 F10 520d M Sport, 2009 E92 320d M Sport, 2006 E92 335d, 2004 E60 530d, 2000 E39 525d, 1997 E39 523i |
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01-14-2008, 08:54 AM | #9 | |
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The additional annual fuel cost for an M3 compared to a 335i on an annual milage of say 10,000 miles is significantly less of an issue than the difference in purchase price. The M3 is perfectly feasible as an every day car, it just depends how much you are prepared to pay. |
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01-14-2008, 09:00 AM | #10 |
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01-14-2008, 09:15 AM | #11 |
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01-14-2008, 10:17 AM | #12 | |
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I am also concerened that with the rising cost of fuel, gas guzzlers may become increasingly difficult to sell (hitting the future resale value) ... but perhaps a lease purchase / MGFV deal could be used to take the risk out of that?
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2018 G30 520d M Sport with M Sport Plus - Mediterranean Blue
Previously: 2015 F32 430d M Sport, 2012 F10 520d M Sport, 2009 E92 320d M Sport, 2006 E92 335d, 2004 E60 530d, 2000 E39 525d, 1997 E39 523i |
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01-14-2008, 10:18 AM | #13 | ||
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I suppose I could go for an old style M3 with a bit of warranty on it or as suggested, a new 335i as a compromise. My wife likes the 335i convertible, but at around £48k with options I think it's poor value and poorly positioned against the new M3 pricewise. Failing that I could always move to the states where gas is cheaper than water I'm looking at buying a nearly new Ferrari F430 in the spring. So I shouldn't be too worried about the spec of the BMW, but the fact is I will be driving the BMW for the majority of the time. |
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01-14-2008, 10:30 AM | #14 | |
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20,000 miles at 30 mpg and £4.76 a gallon = £ 3,173.30 per year 20,000 miles at 20 mpg and £4.76 a gallon = £ 4,760.00 per year So the difference in fuel cost between an M3 and a 335d is £ 1587. For an 'average' 10K mileage the difference is £794 a year. Small change for someone who can afford to buy a £50k car in the first place. 335d coupe is £ 36K and an M3 is £ 50K - so £14k difference in purchase costs. That still seems a bigger issue to me than the fuel consumption. I think you are right that 'gas guzzlers' (awful term) will become harder to sell in the next 5 years though. Bearing in mind that many major UK companies are planning to go 'carbon neutral' by 2012 (e.g sainsbury's, marks and spencer etc.. ), you can expect there to be even more focus on CO2 emissions from cars in 4 years time. |
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01-14-2008, 10:34 AM | #15 | |
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With the best will in the world though you pay your money and take your choice. On the one hand you are talking about buying a Ferrari and on the other you are saying you are concerned about having to stump up an extra £1500 to put petrol in an M3. |
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01-14-2008, 10:34 AM | #16 |
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01-14-2008, 10:49 AM | #17 | |
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01-14-2008, 10:54 AM | #18 | |
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Stop being SILLY |
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01-14-2008, 10:55 AM | #19 | |
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lol I LOVE my 335i e93 Convert... It's the best car I've ever driven for value terms.. Converts, great stereo, Comfy, looks unusual (i.e. different!), Has a sublime engine from stock and with the bits I've added is easily quicker than a stock e46 m3, and will give an e92 M3 a real run for it's money. When I've finished with it my target is 400 RWHP or about 470 - 500 BHP Never be as light, quick or as good a handler as the coupe, but Pretty good value if you ask me ! SJ P.s. I get 30 + mpg on the motorway at 80 with the top down. (in germany of course!) p.p.s try and get a test drive in the 335d I think you might be pleasantly surprised ! |
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01-14-2008, 11:24 AM | #20 | ||
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01-14-2008, 11:39 AM | #21 | |
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