2023 CSL - Dealer has called
Discussion
Hi all,
Don’t post on here often but need some advice. I’m a big fan of BMW and currently have a 2016 330i and a 2022 X5M50i.
Both bough new from the same dealer who I have a good relationship with. Received a call tonight offering me a 2023 M4 CSL in white. It’s mega money at circa 160K GBP, based on current exchange rate.
Where is the value of this car predicted to go?
Thanks
Don’t post on here often but need some advice. I’m a big fan of BMW and currently have a 2016 330i and a 2022 X5M50i.
Both bough new from the same dealer who I have a good relationship with. Received a call tonight offering me a 2023 M4 CSL in white. It’s mega money at circa 160K GBP, based on current exchange rate.
Where is the value of this car predicted to go?
Thanks
The car hasn't reviewed that well ... but the E46 version didn't !
The market in general is under pressure.
Modern BMW's appear to lose money ... even the CS / GTS / versions ... some M series cars were deeply discounted from new ...
Are you buying it to use for what it is and keep for a reasonable term ... or are you looking to try it for a while and have flip options ?
Will the dealer underwrite a buy-back ? This is the basis on which Porsche very privileged owners are getting GT4RS and GT3RS etc ... but then the dealer is planing to keep overs on secondhand cars and can I guess change their minds ?
The market in general is under pressure.
Modern BMW's appear to lose money ... even the CS / GTS / versions ... some M series cars were deeply discounted from new ...
Are you buying it to use for what it is and keep for a reasonable term ... or are you looking to try it for a while and have flip options ?
Will the dealer underwrite a buy-back ? This is the basis on which Porsche very privileged owners are getting GT4RS and GT3RS etc ... but then the dealer is planing to keep overs on secondhand cars and can I guess change their minds ?
Was buying to use, but not as a daily as this would be my third car.
Nothing re the guaranteed buy back. The dealer is trying to assure me the value will be the same, if not more in 2 years. Of course I take this with a big pinch of salt.
However, for the money, at 160K GBP I think there is better options.
Nothing re the guaranteed buy back. The dealer is trying to assure me the value will be the same, if not more in 2 years. Of course I take this with a big pinch of salt.
However, for the money, at 160K GBP I think there is better options.
As a car "nut" cars are lovely things from so many directions ... the danger of the really "special" cars is that unless you are prepared to risk writing their value down, they can become too precious to really use.
And we have other cars ... I lost quite a lot on an M3CS ... but I still like the look of a secondhand manual M2CS ....
And we have other cars ... I lost quite a lot on an M3CS ... but I still like the look of a secondhand manual M2CS ....
CONNORRS500 said:
Have done somewhat of a pivot and put a deposit on a 2023 992 Turbo S. Dealer had a cancelled order so I have been very lucky. Car arrives end of April.
Well done. There seems to be. One or two turbo s cancelled orders about. I was offered one as well last week. Very tempted ChrisW. said:
The car hasn't reviewed that well ... but the E46 version didn't !
The market in general is under pressure.
Modern BMW's appear to lose money ... even the CS / GTS / versions ... some M series cars were deeply discounted from new ...
Are you buying it to use for what it is and keep for a reasonable term ... or are you looking to try it for a while and have flip options ?
Will the dealer underwrite a buy-back ? This is the basis on which Porsche very privileged owners are getting GT4RS and GT3RS etc ... but then the dealer is planing to keep overs on secondhand cars and can I guess change their minds ?
The E46 is now close to £100k and look where it started!The market in general is under pressure.
Modern BMW's appear to lose money ... even the CS / GTS / versions ... some M series cars were deeply discounted from new ...
Are you buying it to use for what it is and keep for a reasonable term ... or are you looking to try it for a while and have flip options ?
Will the dealer underwrite a buy-back ? This is the basis on which Porsche very privileged owners are getting GT4RS and GT3RS etc ... but then the dealer is planing to keep overs on secondhand cars and can I guess change their minds ?
TX.
To be fair, it launched at £58k, didn't sell that well and many paid just over £50k and within a few years could be bought for £30k.
15 years later they were fetching list price again and now, two decades later, they are becoming collectors pieces and have a price that goes with that.
One that has done 3000 miles a year is £80-85k. If you only want to do 1500 miles a year, sure it is worth another £10k, but it is a boring and long wait doing that. Haha
The cheap finance over the last few years that allowed people to drive a car for a year or two and flip it, with another flipper doing the same, rinse and repeat, has dried up, and that has taken out 80% of the flippers. Hence we are already seeing these silly prices start to fall a bit and availability get far better.
Easy to risk flipping when the finance house is taking the gamble, not so easy when it is £160,000 of your own money!
Having said all that, because this might be the end of an era with these cars, that might keep prices higher than ever for those who can truly afford them.
I say, buy a car if you really want that car, and if you get your money back when you get bored, think it as a bonus.
15 years later they were fetching list price again and now, two decades later, they are becoming collectors pieces and have a price that goes with that.
One that has done 3000 miles a year is £80-85k. If you only want to do 1500 miles a year, sure it is worth another £10k, but it is a boring and long wait doing that. Haha
The cheap finance over the last few years that allowed people to drive a car for a year or two and flip it, with another flipper doing the same, rinse and repeat, has dried up, and that has taken out 80% of the flippers. Hence we are already seeing these silly prices start to fall a bit and availability get far better.
Easy to risk flipping when the finance house is taking the gamble, not so easy when it is £160,000 of your own money!
Having said all that, because this might be the end of an era with these cars, that might keep prices higher than ever for those who can truly afford them.
I say, buy a car if you really want that car, and if you get your money back when you get bored, think it as a bonus.
deutsche.diagnostics said:
To be fair, it launched at £58k, didn't sell that well and many paid just over £50k and within a few years could be bought for £30k.
15 years later they were fetching list price again and now, two decades later, they are becoming collectors pieces and have a price that goes with that.
One that has done 3000 miles a year is £80-85k. If you only want to do 1500 miles a year, sure it is worth another £10k, but it is a boring and long wait doing that. Haha
The cheap finance over the last few years that allowed people to drive a car for a year or two and flip it, with another flipper doing the same, rinse and repeat, has dried up, and that has taken out 80% of the flippers. Hence we are already seeing these silly prices start to fall a bit and availability get far better.
Easy to risk flipping when the finance house is taking the gamble, not so easy when it is £160,000 of your own money!
Having said all that, because this might be the end of an era with these cars, that might keep prices higher than ever for those who can truly afford them.
I say, buy a car if you really want that car, and if you get your money back when you get bored, think it as a bonus.
Thought they were 60k + tbh I bought a year old one for 40k traded it in for a 997 Turbo, think i got 30k back but put 30,000 miles on it ! 80% of them were sideways :-)15 years later they were fetching list price again and now, two decades later, they are becoming collectors pieces and have a price that goes with that.
One that has done 3000 miles a year is £80-85k. If you only want to do 1500 miles a year, sure it is worth another £10k, but it is a boring and long wait doing that. Haha
The cheap finance over the last few years that allowed people to drive a car for a year or two and flip it, with another flipper doing the same, rinse and repeat, has dried up, and that has taken out 80% of the flippers. Hence we are already seeing these silly prices start to fall a bit and availability get far better.
Easy to risk flipping when the finance house is taking the gamble, not so easy when it is £160,000 of your own money!
Having said all that, because this might be the end of an era with these cars, that might keep prices higher than ever for those who can truly afford them.
I say, buy a car if you really want that car, and if you get your money back when you get bored, think it as a bonus.
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