[minn19]

Originally Posted by DrJLag420

I didn’t think these would hold their value especially with the ‘25’s coming out. Still, seems like they are lowballing you. Dealers gonna deal…

If they are, I honestly don’t think it is by much. Maybe a couple grand at most, timing isn’t great either trading in a RWD sports car with winter just around the corner. I get this matters more depending on region though also.

[ScottyRyan2019]

Originally Posted by JMcLellan

Do most people just go the trade-in route and not sell on their own? I keep thinking that the dealers getting desperate will also mean private party buyers would be desperate and someone with a used G87 could find someone who really wants the car and get a nice check of cash for it. I have sold 4 cars/trucks, and 2 ATV's in the last 4 years using facebook marketplace and the forums. Can't imagine how much less money I would have gotten if I traded all that stuff in. Admittedly though Covid supply chain issues made my process easier than in years past as there was solid demand.

The biggest driving factor for me between trade and private party is the sales tax savings on trade. If the trade value is close enough to offset the difference with the sales tax savings that makes trading much more attractive. It also depends on how quickly I want to make the deal. lol

[iifymbro]

Originally Posted by ScottyRyan2019

The biggest driving factor for me between trade and private party is the sales tax savings on trade. If the trade value is close enough to offset the difference with the sales tax savings that makes trading much more attractive. It also depends on how quickly I want to make the deal. lol

yeh I was gunna say the taxes you avoid by taking ~57k off the total taxable amount with a trade-in should more or less fill in the difference with private sale, plus avoiding the hassle of selling private is worth a few grand for me

[fanofbmwe46]

I bought a 2023 G80 for $76k new ($2k below msrp)

Just traded it 18mo later for $70k (8% depreciation) toward a new 2025 G87 at MSRP.

Dealer is now reselling my used G80 for $82k.. $4K over its original MSRP, lol.

[Legit]

Originally Posted by rons e92

FWIW, my insurance company offered me nearly $68k for my flooded 2023 M2.

Sticker price was just over $70k and the car had over 15k miles on it.

So what I'm hearing is I need to drive my car into a lake

[rons e92]

Originally Posted by Legit

So what I'm hearing is I need to drive my car into a lake

The lake actually came to me!

[fzr100098]

Originally Posted by fanofbmwe46

I bought a 2023 G80 for $76k new ($2k below msrp)

Just traded it 18mo later for $70k (8% depreciation) toward a new 2025 G87 at MSRP.

Dealer is now reselling my used G80 for $82k.. $4K over its original MSRP, lol.

Doubt they get that - I see them in low 70s and even high 60s now

Used market bubble is over

[ajaj96]

Hold onto it. This is most likely the last gen of manual M cars! The odds it continues to go down in value are very slim. Might even go up in value in the future who knows.

[fanofbmwe46]

Originally Posted by ajaj96

Hold onto it. This is most likely the last gen of manual M cars! The odds it continues to go down in value are very slim. Might even go up in value in the future who knows.

Definitely will go up when people realize these are the last ICE Manual M cars

[fzr100098]

Collector value is usually low production, which isn't a manual M2 - there are and will be tons of them - more than automatics (even though the ZF is superior by every objective measure)

[two_three_two]

Originally Posted by fanofbmwe46

Definitely will go up when people realize these are the last ICE Manual M cars

in the near term, we see these acting like normal used car - which is to say likely a 40-50% reduction in value over the first three years of ownership.

in the medium term, say in years 4-12, as long as they continue to stay pretty reliable i think theres a realistic floor in the high 30s mid 40s depending on spec. its a lot of performance for the money in that range, assuming theres not serious costs associated with keeping them on the road (aside from normal running costs). indy colors with carbon pack will fare best, followed by standard colors with carbon pack and indy colors with no carbon pack, followed by enthusiast minded option list cars (carbon roof, manual transmission, carbon trim, etc) followed by the rest. sunroof automatic cars likely fare the worst.

in the long term.... who knows. likely to never exceed MSRP in our lifetimes because they are making so many. CS cars will do fine as will individual colors, especially those with carbon pack.

[ajaj96]

Originally Posted by two_three_two

in the near term, we see these acting like normal used car - which is to say likely a 40-50% reduction in value over the first three years of ownership.

in the medium term, say in years 4-12, as long as they continue to stay pretty reliable i think theres a realistic floor in the high 30s mid 40s depending on spec. its a lot of performance for the money in that range, assuming theres not serious costs associated with keeping them on the road (aside from normal running costs). indy colors with carbon pack will fare best, followed by standard colors with carbon pack and indy colors with no carbon pack, followed by enthusiast minded option list cars (carbon roof, manual transmission, carbon trim, etc) followed by the rest. sunroof automatic cars likely fare the worst.

in the long term.... who knows. likely to never exceed MSRP in our lifetimes because they are making so many. CS cars will do fine as will individual colors, especially those with carbon pack.

I’m planning on keeping mine for a long time. Odds are we wont be able to buy new cars with manual trans in 10 years unless its a special edition 6+ figure car. Hoping the s58 maintains some reliability 10+ years from now unlike so many BMW engines of the past so we can all continue to enjoy them. Next M3 is going to be electric….possibly 1 with a hybrid powertrain as well. Makes me so sad ☹️

[techwhiz1]

Originally Posted by rons e92

FWIW, my insurance company offered me nearly $68k for my flooded 2023 M2.

Sticker price was just over $70k and the car had over 15k miles on it.

I get new car replacement on my cars. If my cars get totaled in the first two years they cut me a check for the full replacement value on the invoice.

[JABCAT]

Ironically, BMW dealers, at least in TX, seem to really low-ball BMW trade-in value & hike up the sales price of their used BMWs on the lot. I had 2 BMW dealers offer me $24k for my '22 330e with 31k mi (50% of MSRP) saying "we give kbb value". So I pulled up kbb in front of the guy that said $36-38k. He then came back from his managers office with an auto trader print out showing 2020 330e with 70k mi listed for $26k. I said that's great but that's 2 years older with more than double the mileage. Pulled up auto trader in front of him that showed multiple '22 330e with similar or slighty more mileage listed for $39 -$43k. He then said "thanks for stopping in, let me know when you want to make a deal".

2 months later I received $36k from the dealer at which I purchased my M2 (non-BMW dealer). Still a big hit for a 17-month old vehicle, but paired with the sales tax savings (saved $2,250) on the M2 purchase plus the tax credit when I purchased the 330e ($5800). It didn't turn out too bad.

[two_three_two]

Originally Posted by ajaj96

I’m planning on keeping mine for a long time. Odds are we wont be able to buy new cars with manual trans in 10 years unless its a special edition 6+ figure car. Hoping the s58 maintains some reliability 10+ years from now unlike so many BMW engines of the past so we can all continue to enjoy them. Next M3 is going to be electric….possibly 1 with a hybrid powertrain as well. Makes me so sad ☹️

just keep in mind that after EOP, you will be able to buy nice used examples for at least the next 3-4 years at a decent discount to MSRP. i'm viewing my current M2 as my penultimate new stick car for now given that the EV wave has petered out rather dramatically in the last 24 months. but i am a mercenary, i will give my dollars to whatever manufacturer can give me what i want.

Originally Posted by JABCAT

I had 2 BMW dealers offer me $24k for my '22 330e with 31k mi (50% of MSRP) saying "we give kbb value". So I pulled up kbb in front of the guy that said $36-38k. He then came back from his managers office with an auto trader print out showing 2020 330e with 70k mi listed for $26k. I said that's great but that's 2 years older with more than double the mileage. Pulled up auto trader in front of him that showed multiple '22 330e with similar or slighty more mileage listed for $39 -$43k. He then said "thanks for stopping in, let me know when you want to make a deal".

"please let me know when you are desperate enough for a financial sodomizing" special layer in hell for these types of salespeople

[iifymbro]

Originally Posted by two_three_two

"please let me know when you are desperate enough for a financial sodomizing" special layer in hell for these types of salespeople

I'm not sure I would've been able to resist letting him know he's a scumbag before I walked out

[BroDoze]

Hate to say it - I've had a lot better luck from the Carmax's of the world on trade-ins. Once you have a Carmax quote in your hand, most decent dealers will match it.

[MisanoblueZ4]

Just looked up my 21 Z4m40i, carmax offer 40k. Caravana offer 46k

Have not been impressed with Carmax offers, I imagine people dump problematic cars there so they bake in some repair costs to offset. Carmax was lowest offer when we traded my wife’s CX5 earlier this year, they didn’t even want to look at it in person, ran vin/plate and spit out a non negotiable price which was substantially lower then KBB.

[BroDoze]

Originally Posted by MisanoblueZ4

Just looked up my 21 Z4m40i, carmax offer 40k. Caravana offer 46k

Have not been impressed with Carmax offers, I imagine people dump problematic cars there so they bake in some repair costs to offset. Carmax was lowest offer when we traded my wife’s CX5 earlier this year, they didn’t even want to look at it in person, ran vin/plate and spit out a non negotiable price which was substantially lower then KBB.

And I've checked Carvana in the past and had higher offers from Carmax...

[JABCAT]

Originally Posted by iifymbro

I'm not sure I would've been able to resist letting him know he's a scumbag before I walked out

It was all for my amusement. This is why I don't step foot in dealerships to purchase a vehicle, haven't in the last almost 20 years. I do all correspondence via email with the internet manager or sales manager. I don't deal with low-level sales people. Get an agreement on purchase price, trade-in value & any finance terms. I also let them know I won't be adding anything to the purchase so when I arrive to pick up the vehicle, I'm typically out within 30 min.

Re: trade-in over email, I send high-quality photos, window sticker, maintenance records, etc. They always say the trade value is contingent upon them inspecting the vehicle. I've had their offer go up several times after seeing the vehicle in-person, and it's never been reduced.

[robopp]

Originally Posted by fzr100098

Collector value is usually low production, which isn't a manual M2 - there are and will be tons of them - more than automatics (even though the ZF is superior by every objective measure)

Engine RPM limitations is one objective measurment where the ZF falls on its face.

[BMWFanatic2008]

Originally Posted by rons e92

The lake actually came to me!

Oh man. Where in NY is this? And how long ago?