New M3 or second hand 911?

New M3 or second hand 911?

Author
Discussion

Stitch

Original Poster:

933 posts

223 months

Wednesday 9th April 2008
quotequote all
Current situation is as follows:

I have a 2006 X5 and a S2 Elise.

The Elise is stuck in a lock-up for half the year (at least) and I am thinking about rationalising things (2 lots of servicing, 2 lots of RFL, 2 lots of insurance etc).

I have always fancied both of the above and reckon that for the price of a new (or newish M3)I could get a low mileage 2004 or 2005 911 C2.

Does anyone have experience of both cars, are maintenance costs of a 3/4 year old 911 likley to be far in excess of a more recent M3 over a two year ownership life?

What experiences have people got of the M3 as a daily car (I have a mixture of town and motorway driving) and have no children (but likely to change over the period I would own the car).

Any comments/thoughts would be most welcome.


Nano2nd

3,426 posts

262 months

Wednesday 9th April 2008
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can't help directly, i did a similar thing, consolidated from a TVR chimaera & VW passat diesel to a Z4MC smile I do a lot of miles 20k+ a year so economy is important, after reading reviews of the new M3 the economy has dropped considerably from the E46 people are averaging below 20MPG in the M3 frown though reading the same of the 911 25+ figures are pretty common.

i know that doesn't sound a lot of difference, but at todays(and possibly next weeks wink) fuel prices it soon adds up - sorry i don't buy this if you sen £30k plus on a car you shouldn't need to worry about economy! well i don't on the track coz i enjoy myself... however sat in traffic on the M1 is no fun at all wink

if it were my money (and i love M3's) i would go for the 911 - if practically is involved then its a no brainer

Job38

1,970 posts

242 months

Wednesday 9th April 2008
quotequote all
991 every day of the week.
Though you have to be clear if you're after a 997 or a 996.
New M3 is still considerably more than a second hand 997 let alone late 996!

Reliable, not too thirsty, servicing 2 years/24 months, extended warranty £900, no exclusions, better depreciation, much, much more special - you don't get 911 320 d models., etc., etc

Sorry to say it on a BMW forum but for your criteria, there is no comparison.

Edited by Job38 on Wednesday 9th April 17:33

belleair302

6,908 posts

213 months

Wednesday 9th April 2008
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M3 CSL.....£35K all the mad performance of a 997 but the individuality of a CSL. It makes sense and with two sets of wheels can be a daily driver if hardcore, as well aa a track weapon!

GameOverMan!

344 posts

203 months

Wednesday 9th April 2008
quotequote all
OK, I've currently got an E92 M3 and have previously owned 911 Turbos(996) and based upon your original post I would have to say buy a Porsche. This is for no other reason than you will kick yourself as you've not had one before (could be wrong) and you passed up the opportunity. This is not to say the 911 C2/C4s are quicker or better.

The reason I went for the M3 was mainly due to not having any problems with the many BMWs I've had in the past and the service dept at my local dealership is spot on. I cannot say the same about my previous Porsche's or local OPC and also a not so very local OPC. However this is just my experience and I can't comment for others and this wouldn't stop me buying another in the future.

I also felt the new M3 would take more daily abuse, has more room and will probably take more mileage without the residuals taking a massive dive. The M3 is also my daily driver and will be joined with 'something for the weekend' at some point soon, fingers crossed.

Which ever car you buy I don't think you'll be dissapointed and I'd imagine the running costs will be similar. There's great fun to be had in both cars that's for sure and there's nothing quite like driving/owning your first Porsche...

Good luck!


taffyracer

2,093 posts

249 months

Wednesday 9th April 2008
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I just had to make this decision, an 05/06 C2S or the M3 and this is what I found. The C2 is ok but the C2s is the one to go for, costs more but holds it value better so in the long run something like an extra 8k costs you about 1-2 and it's better to drive and more fun. I came from the Z4M and was fed up of the total lack of space so the C2S was in my eyes a more practical car but I only wanted to spend 50k and i couldn't find anything remotely close to my spec that was in my budget, 60k yes but not 50k. So I looked at the M3, I had an E46 M3 before the Z4M and knew how good an allrounder it was but the E92 blew me away, as soon as i got in it and drove it I knew it was the car for me, extremely practical, amazing engine, really comfy and just fitted my lifestyle better. But, I still have a hankering for a Porsche road car so I bought the E92 knowing that i would swap into a 998 in 2010

They are different cars, the neither are faster than the other but the M3 is far more practical, refined and easier to live with, the C2S is the more fun though, the only downside in the m3 is the economy, 19.8mpg average for me and that does hurt when you do 25k pa!

drgav2005

967 posts

225 months

Wednesday 9th April 2008
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Stitch, to save your painful decision, I'll swap my E46 M3 for your X5 and Elise - can't say fairer than that hehe






well it was worth a try biggrin

Either way 997C2s or E92M3 or e46 M3 CSL would be great choices - get down to the dealers and test them all!

Disco_Biscuit

837 posts

200 months

Wednesday 9th April 2008
quotequote all
996 turbo, thats what i'd spend my pennies on biggrinhttp://www.pistonheads.com/sales/453102.htm

chip it, eat m3's for breakfast and wont loose as much money on it

Edited by Disco_Biscuit on Wednesday 9th April 20:15

Chris_S

142 posts

290 months

Thursday 10th April 2008
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I've personally had more M cars than Porsches but here is one other factor. Porsches generally hold their value better than BMW's but cost more in the first place. The other thing, is a 911 going to have enough room for you (seeing you have an X5)?

Stitch

Original Poster:

933 posts

223 months

Thursday 10th April 2008
quotequote all
Gents

Thank you all for your thoughts.

Clearly I need to get out and about doing a bit of tyre kicking!


jonlwright

1,825 posts

245 months

Thursday 10th April 2008
quotequote all
Stitch,

Just to throw another option into the equation and speaking from someone who has owned 2 996C2s a 997C2 and 2 996 Turbos - I recently changed to a BMW M6.

For the price of a new M3 you can step into a main dealer 1 year old M6 with only about 7-8K miles. You get something more exclusive than either a 997 or an M3, much quicker than either, better specced than either and still the benefit of 2 years remaining warranty.

I drove the V8 M3 and the M6 before making my mind up and the M6 blows the M3s socks off IMO (NOTE M3 drivers - I said IMO before you start throwing toys out of the pram).

Certainly worth a look.

DavidCane

853 posts

247 months

Thursday 10th April 2008
quotequote all
I'd have to go for a 911 every time. Whichever you get will be a great car though and if you change your mind it should be easy to sell a 911 to get an M3 instead. Dunno how easy it would be the other way round.

bher

786 posts

276 months

Thursday 10th April 2008
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Having had a Elise 111R for 2 years, I wanted something more user friendly (even as third car in house). I hesitate between and tried Porsche Boxster S, 997 C2s and M3. The only reason which push me to the M3 is the 4 real seats. Otherwise, the Porsche is The sportcar per definition and to be forum friendly, the M3 is THE Family sport car.

housemaster

2,078 posts

233 months

Thursday 10th April 2008
quotequote all
jonlwright said:
Stitch,

Just to throw another option into the equation and speaking from someone who has owned 2 996C2s a 997C2 and 2 996 Turbos - I recently changed to a BMW M6.

For the price of a new M3 you can step into a main dealer 1 year old M6 with only about 7-8K miles. You get something more exclusive than either a 997 or an M3, much quicker than either, better specced than either and still the benefit of 2 years remaining warranty.

I drove the V8 M3 and the M6 before making my mind up and the M6 blows the M3s socks off IMO (NOTE M3 drivers - I said IMO before you start throwing toys out of the pram).

Certainly worth a look.
Great car until you get out, turn around, and look at it yikes

That's when you wished you'd gone for one of the other two biggrin

Edited by housemaster on Thursday 10th April 17:38

housemaster

2,078 posts

233 months

Thursday 10th April 2008
quotequote all
I think the C2S is the way to go as there are some cracking deals out there right now if you know where to look, and the C2S is sublime for M3 money. For me a no brainer.

Stitch

Original Poster:

933 posts

223 months

Thursday 10th April 2008
quotequote all
The M6 is an interesting option.

Plenty quick and has cabin space and some luxury.

Might get flamed for this - but I actually like the look of the 6 series.

macca

508 posts

285 months

Thursday 10th April 2008
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How can an almost 3 year old car cost the same as brand new car?

What if something goes wrong? Yes, you can get a warranty but will it cover everything? How do you know it hasn't been thrashed or trashed? There's something nice about knowing you're the first owner of a car.

How tall are you? I'm 6' 2" and the Porsche was a tight fit; leg room was awful and my knee was constanly rubbing against the transmission tunnel. I ruled out the manual because using the clutch was awkward for my long legs.

Do you have any family? M3 is roomy, so you can all enjoy it.

The M3 will fair better when more are seen on the road. I still don't see many 3 coupes but when I do I think they're really nice. I'm sure that this model is going to grow on people. The M3 has taken a bit of a slating but mainly by people that don't or will never own one. As more are sold the tide of comments will turn - it really is a good car.

I'm a little biased now but I did look closely at a Porsche and it just didn't add up. As said before, give them both a try and then decide.

belleair302

6,908 posts

213 months

Thursday 10th April 2008
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6 series cars are wonderful, beautifully put together, good to drive as GT cars and always turn heads. If you get an M6 look closely at a brake upgrade if you want to drive flat out! Better chassis than a M5.

espresso

177 posts

218 months

Thursday 10th April 2008
quotequote all
I can't comment exactly from personal experience, but I've had an E46 M3, a 997 Carrera S and an M5, so I'm pretty close.
If I were you I'd go for the M6 option. In my opinion neither the 911 nor the M3 feel special - they are both just too common.

The M6 is significantly faster, yet still seats four in comfort.
Take it to Buttertubs Pass, hit the 'M' button and ask yourself if you've made the right decision...

GameOverMan!

344 posts

203 months

Friday 11th April 2008
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From what I hear most of the 6 series range suffer from huge depreciation hence why you can pick them up with huge discounts. Also, how does the M6 stack up on fuel consumption and tank range?

Just something to look into if you do go down this route. Granted the 911s or M3s aren't free from losing money but they may do so at slightly less gut wrenching rate.

So much choice these days. Ya pays da money and takes ya pick.....