E92 M3 : hit or miss?

[bher]

Hi,

I am new to this forum and reading a lot about the new M3 I find difficult to know if it is a new icon (asking is answering) or such a gap from original target that it is a miss.
I know that on this forum we only find passionnate people (as I am) and that opinion are biased but (regardless of price, depreciation,...)
What do you think about the balance between comfort and sportiveness?
Are you all waiting for the SMG and CSL (what I do not need)?
Why is the waiting list for a new one so short?
Thanks

[Pugsey]

bher said:

Hi,

I am new to this forum and reading a lot about the new M3 I find difficult to know if it is a new icon (asking is answering) or such a gap from original target that it is a miss.
I know that on this forum we only find passionnate people (as I am) and that opinion are biased but (regardless of price, depreciation,...)
What do you think about the balance between comfort and sportiveness?
Are you all waiting for the SMG and CSL (what I do not need)?
Why is the waiting list for a new one so short?
Thanks

Hi mate. A few of us on here have owned this car for a little while now and posted about it under various topics. Similarly delvery times - real and fictional! - have been discussed at length. To save a lot of repetition have a quick trawl through topics started in the last few months and I'm sure you'll find what you need.

[sjp63]

bher said:

Hi,

I am new to this forum and reading a lot about the new M3 I find difficult to know if it is a new icon (asking is answering) or such a gap from original target that it is a miss.
I know that on this forum we only find passionnate people (as I am) and that opinion are biased but (regardless of price, depreciation,...)
What do you think about the balance between comfort and sportiveness?
Are you all waiting for the SMG and CSL (what I do not need)?
Why is the waiting list for a new one so short?
Thanks

Having had 2 E46 M3's, I'd certainly wait for a used E92 SMG to appear sometime in the future rather than the manual.

Why a short waiting list for a new one? - not enough buyers wanting one of course

[Donut]

sjp63 said:

bher said:

Hi,

I am new to this forum and reading a lot about the new M3 I find difficult to know if it is a new icon (asking is answering) or such a gap from original target that it is a miss.
I know that on this forum we only find passionnate people (as I am) and that opinion are biased but (regardless of price, depreciation,...)
What do you think about the balance between comfort and sportiveness?
Are you all waiting for the SMG and CSL (what I do not need)?
Why is the waiting list for a new one so short?
Thanks

Having had 2 E46 M3's, I'd certainly wait for a used E92 SMG to appear sometime in the future rather than the manual.

Why a short waiting list for a new one? - not enough buyers wanting one of course

Increased production to be fare.

[Pugsey]

Donut said:

sjp63 said:

bher said:

Hi,

I am new to this forum and reading a lot about the new M3 I find difficult to know if it is a new icon (asking is answering) or such a gap from original target that it is a miss.
I know that on this forum we only find passionnate people (as I am) and that opinion are biased but (regardless of price, depreciation,...)
What do you think about the balance between comfort and sportiveness?
Are you all waiting for the SMG and CSL (what I do not need)?
Why is the waiting list for a new one so short?
Thanks

Having had 2 E46 M3's, I'd certainly wait for a used E92 SMG to appear sometime in the future rather than the manual.

Why a short waiting list for a new one? - not enough buyers wanting one of course

Increased production to be fare.

bher - re the SMG v manual v CSL question, surely only you know where your preferences lie? Regards comfort/'sportiness' again this is personal - my idea of comfort is a lot of peoples idea of sporty for instance. Easy solution for you - just go and drive one, there are lots of demos around now. Don't think the new car is/will become an 'icon' - like the E46 it's just a very good, fast, mass produced saloon - but then the last M3 to be worthy of that title was probably the E30 version IMO - although the last CSL is going that way too it seems.

Edited by Pugsey on Thursday 22 November 12:46

[sjp63]

Donut said:

sjp63 said:

bher said:

Hi,

I am new to this forum and reading a lot about the new M3 I find difficult to know if it is a new icon (asking is answering) or such a gap from original target that it is a miss.
I know that on this forum we only find passionnate people (as I am) and that opinion are biased but (regardless of price, depreciation,...)
What do you think about the balance between comfort and sportiveness?
Are you all waiting for the SMG and CSL (what I do not need)?
Why is the waiting list for a new one so short?
Thanks

Having had 2 E46 M3's, I'd certainly wait for a used E92 SMG to appear sometime in the future rather than the manual.

Why a short waiting list for a new one? - not enough buyers wanting one of course

Increased production to be fare.

err....and not enough buyers!

[Donut]

sjp63 said:

Donut said:

sjp63 said:

bher said:

Hi,

I am new to this forum and reading a lot about the new M3 I find difficult to know if it is a new icon (asking is answering) or such a gap from original target that it is a miss.
I know that on this forum we only find passionnate people (as I am) and that opinion are biased but (regardless of price, depreciation,...)
What do you think about the balance between comfort and sportiveness?
Are you all waiting for the SMG and CSL (what I do not need)?
Why is the waiting list for a new one so short?
Thanks

Having had 2 E46 M3's, I'd certainly wait for a used E92 SMG to appear sometime in the future rather than the manual.

Why a short waiting list for a new one? - not enough buyers wanting one of course

Increased production to be fare.

err....and not enough buyers!

err... There are the same amount of buyers as there was with the E46, just more product.
hence smaller waiting lists and available units

[sjp63]

Donut said:

sjp63 said:

Donut said:

sjp63 said:

bher said:

Hi,

I am new to this forum and reading a lot about the new M3 I find difficult to know if it is a new icon (asking is answering) or such a gap from original target that it is a miss.
I know that on this forum we only find passionnate people (as I am) and that opinion are biased but (regardless of price, depreciation,...)
What do you think about the balance between comfort and sportiveness?
Are you all waiting for the SMG and CSL (what I do not need)?
Why is the waiting list for a new one so short?
Thanks

Having had 2 E46 M3's, I'd certainly wait for a used E92 SMG to appear sometime in the future rather than the manual.

Why a short waiting list for a new one? - not enough buyers wanting one of course

Increased production to be fare.

err....and not enough buyers!

err... There are the same amount of buyers as there was with the E46, just more product.
hence smaller waiting lists and available units

No I dont think so - there are less buyers because there is more competition now than there was before.

[sjn2004]

sjp63 said:

Donut said:

sjp63 said:

Donut said:

sjp63 said:

bher said:

Hi,

I am new to this forum and reading a lot about the new M3 I find difficult to know if it is a new icon (asking is answering) or such a gap from original target that it is a miss.
I know that on this forum we only find passionnate people (as I am) and that opinion are biased but (regardless of price, depreciation,...)
What do you think about the balance between comfort and sportiveness?
Are you all waiting for the SMG and CSL (what I do not need)?
Why is the waiting list for a new one so short?
Thanks

Having had 2 E46 M3's, I'd certainly wait for a used E92 SMG to appear sometime in the future rather than the manual.

Why a short waiting list for a new one? - not enough buyers wanting one of course

Increased production to be fare.

err....and not enough buyers!

err... There are the same amount of buyers as there was with the E46, just more product.
hence smaller waiting lists and available units

No I dont think so - there are less buyers because there is more competition now than there was before.

E46 M3 released in smaller numbers at start of production (1.5 year wait list),

Cheaper (38k?)

Little competition in pricezone,

Looked distinctive and masculine,

Launched at start of property bubble,

New M3,

more expensive, low key(not distinctive enough to tell everybody you've got the "top of the range" ) , more competition, bettered/equaled by older cars according to magazine reviews, out of fashion(Audi now the favorite of the 'Aspirational Classes'?

and lastly..the ECONOMY looks like its F****d!

Edited by sjn2004 on Thursday 22 November 23:06

[Donut]

sjn2004 said:

sjp63 said:

Donut said:

sjp63 said:

Donut said:

sjp63 said:

bher said:

Hi,

I am new to this forum and reading a lot about the new M3 I find difficult to know if it is a new icon (asking is answering) or such a gap from original target that it is a miss.
I know that on this forum we only find passionnate people (as I am) and that opinion are biased but (regardless of price, depreciation,...)
What do you think about the balance between comfort and sportiveness?
Are you all waiting for the SMG and CSL (what I do not need)?
Why is the waiting list for a new one so short?
Thanks

Having had 2 E46 M3's, I'd certainly wait for a used E92 SMG to appear sometime in the future rather than the manual.

Why a short waiting list for a new one? - not enough buyers wanting one of course

Increased production to be fare.

err....and not enough buyers!

err... There are the same amount of buyers as there was with the E46, just more product.
hence smaller waiting lists and available units

No I dont think so - there are less buyers because there is more competition now than there was before.

E46 M3 released in smaller numbers at start of production (1.5 year wait list),

Cheaper (38k?)

Little competition in pricezone,

Looked distinctive and masculine,

Launched at start of property bubble,

New M3,

more expensive, low key(not distinctive enough to tell everybody you've got the "top of the range" ) , more competition, bettered/equaled by older cars according to magazine reviews, out of fashion(Audi now the favorite of the 'Aspirational Classes'?

and lastly..the ECONOMY looks like its F****d!

Edited by sjn2004 on Thursday 22 November 23:06

well put sjn

[sjp63]

sjn2004 said:

sjp63 said:

Donut said:

sjp63 said:

Donut said:

sjp63 said:

bher said:

Hi,

I am new to this forum and reading a lot about the new M3 I find difficult to know if it is a new icon (asking is answering) or such a gap from original target that it is a miss.
I know that on this forum we only find passionnate people (as I am) and that opinion are biased but (regardless of price, depreciation,...)
What do you think about the balance between comfort and sportiveness?
Are you all waiting for the SMG and CSL (what I do not need)?
Why is the waiting list for a new one so short?
Thanks

Having had 2 E46 M3's, I'd certainly wait for a used E92 SMG to appear sometime in the future rather than the manual.

Why a short waiting list for a new one? - not enough buyers wanting one of course

Increased production to be fare.

err....and not enough buyers!

err... There are the same amount of buyers as there was with the E46, just more product.
hence smaller waiting lists and available units

No I dont think so - there are less buyers because there is more competition now than there was before.

E46 M3 released in smaller numbers at start of production (1.5 year wait list),

Cheaper (38k?)

Little competition in pricezone,

Looked distinctive and masculine,

Launched at start of property bubble,

New M3,

more expensive, low key(not distinctive enough to tell everybody you've got the "top of the range" ) , more competition, bettered/equaled by older cars according to magazine reviews, out of fashion(Audi now the favorite of the 'Aspirational Classes'?

and lastly..the ECONOMY looks like its F****d!

Edited by sjn2004 on Thursday 22 November 23:06

Exactly

[edb49]

sjn2004 said:

and lastly..the ECONOMY looks like its F****d!

Works both ways though... I decided not to get a house for a few years as I felt they were going to drop at beginning of 2007 and take 2-3 years to fall to bottom out, so money goes into cars. Most people will disagree with me because they're home owners, in the same way that most people who want an M3 for £30k say they'll drop in value faster than any car has done in history.

[sjp63]

edb49 said:

sjn2004 said:

and lastly..the ECONOMY looks like its F****d!

Works both ways though... I decided not to get a house for a few years as I felt they were going to drop at beginning of 2007 and take 2-3 years to fall to bottom out, so money goes into cars. Most people will disagree with me because they're home owners, in the same way that most people who want an M3 for £30k say they'll drop in value faster than any car has done in history.

I thought he meant the M3 MPG figures

Edited by sjp63 on Saturday 24th November 11:19

[GT Chipper]

I've just be told by a dealer that i can get into a new m3 to my spec within 3 months ? I only rang up about a used one that was wrongly priced but its totally put me off buying one until they drop, which they will, and in a fast way.
Overpriced ( yes same as the RS4 but that was £5000 min overpriced ) , huge fuel consumption when fuel prices are going through the roof and the economy falling apart around us. Only way to buy these cars is used IMO.

Edited by GT Chipper on Saturday 24th November 14:52

[Pugsey]

GT Chipper said:

I've just be told by a dealer that i can get into a new m3 to my spec within 3 months ? I only rang up about a used one that was wrongly priced but its totally put me off buying one until they drop, which they will, and in a fast way.
Overpriced ( yes same as the RS4 but that was £5000 min overpriced ) , huge fuel consumption when fuel prices are going through the roof and the economy falling apart around us. Only way to buy these cars is used IMO.

Edited by GT Chipper on Saturday 24th November 14:52

You do realise that the fuel consumption will still be the same when the car is a few years older don't you? So, don't let that put you off now!

[Pugsey]

edb49 said:

sjn2004 said:

and lastly..the ECONOMY looks like its F****d!

Works both ways though... I decided not to get a house for a few years as I felt they were going to drop at beginning of 2007 and take 2-3 years to fall to bottom out, so money goes into cars. Most people will disagree with me because they're home owners, in the same way that most people who want an M3 for £30k say they'll drop in value faster than any car has done in history.

Given where you live I'm suprised at your comments re property. In the right areas of Berks, Surrey and Hants values have risen nicely over the last twelve months - and you stand to loose out by not being in property over the next two years IMO. Glad you're enjoying the car though matey!

Edited by Pugsey on Saturday 24th November 18:31

[sjn2004]

edb49 said:

sjn2004 said:

and lastly..the ECONOMY looks like its F****d!

Works both ways though... I decided not to get a house for a few years as I felt they were going to drop at beginning of 2007 and take 2-3 years to fall to bottom out, so money goes into cars. Most people will disagree with me because they're home owners, in the same way that most people who want an M3 for £30k say they'll drop in value faster than any car has done in history.

So your saying because there is a recession coming, you're better investing in M3's rather than bricks and mortar? I guess you are too young to remember what happened to the luxury car market the last time there was a recession?

[RS4john]

sjn2004 said:

edb49 said:

sjn2004 said:

and lastly..the ECONOMY looks like its F****d!

Works both ways though... I decided not to get a house for a few years as I felt they were going to drop at beginning of 2007 and take 2-3 years to fall to bottom out, so money goes into cars. Most people will disagree with me because they're home owners, in the same way that most people who want an M3 for £30k say they'll drop in value faster than any car has done in history.

So your saying because there is a recession coming, you're better investing in M3's rather than bricks and mortar? I guess you are too young to remember what happened to the luxury car market the last time there was a recession?

True words indeed. Never invest (wrong word I know) in a car against property, it's a NO brainer.

[Pugsey]

RS4john said:

sjn2004 said:

edb49 said:

sjn2004 said:

and lastly..the ECONOMY looks like its F****d!

Works both ways though... I decided not to get a house for a few years as I felt they were going to drop at beginning of 2007 and take 2-3 years to fall to bottom out, so money goes into cars. Most people will disagree with me because they're home owners, in the same way that most people who want an M3 for £30k say they'll drop in value faster than any car has done in history.

So your saying because there is a recession coming, you're better investing in M3's rather than bricks and mortar? I guess you are too young to remember what happened to the luxury car market the last time there was a recession?

True words indeed. Never invest (wrong word I know) in a car against property, it's a NO brainer.

'Invest'/New car/'Invest'/New car/'Invest'/New Car - sorry, does not compute!

Seriously - now is a GOOD time to make money on property! But only if you're not white and wooly with a tendency to say Bhaaaaaah!

Edited by Pugsey on Saturday 24th November 18:35

Edited by Pugsey on Saturday 24th November 18:36

[edb49]

sjn2004 said:

edb49 said:

sjn2004 said:

and lastly..the ECONOMY looks like its F****d!

Works both ways though... I decided not to get a house for a few years as I felt they were going to drop at beginning of 2007 and take 2-3 years to fall to bottom out, so money goes into cars. Most people will disagree with me because they're home owners, in the same way that most people who want an M3 for £30k say they'll drop in value faster than any car has done in history.

So your saying because there is a recession coming, you're better investing in M3's rather than bricks and mortar? I guess you are too young to remember what happened to the luxury car market the last time there was a recession?

Not exactly. I'm going to lose lots of money on the M3. For me, it is better value at the moment to lose money on a car than spend money buying a house. My personal feeling is that there's a 50/50 chance the house market will stay flat in 2008 (fall in real terms) or take a small (say 5% nominal, 8% real) drop. If I bought the house I rent currently I'd spend an extra £7k/year on top of my rent on interest alone, before capital repayment. Add in a flat housing market, your various incidentals like insurance etc, I came to the conclusion that losing £15k in a year on an M3 was equivalent to buying a house and the market staying flat. If the house market actually takes a nominal drop as RICS say it currently is doing (and Bradford & Bingley doing a Northern Rock won't help) then I'd actually lose a horrific amount of money on a small house.

Ultimately if I thought the housing market was sound I would have still bought the M3, it would have just meant a smaller deposit on a house. I'm happy growing my money outside the housing market and waiting to see what happens.