Keep it or sell it?

[Megaflow]

Putting this out for a consensus, because I am stuck.

I’ve got an original BMW M2, not sure what the geek language for it is, so that will have to do.

I’ve had it 3 1/2 years and I think it is time for a change, the problem is, I am just not sure what to change it for and since I changed the daily back in April to a W205 C Class, with a most excellent 9 speed auto that is waft-tastic, it has not been seeing a lot of use.

So part of me thinks sell it, and sit on the cash until I find something that floats my boat. Pro’s: cash will be readily available to buy something and the M2 won’t be depreciating. Con’s: no toy.

The other part of me says keep it until I find something that floats my boat. Pro’s: still have a toy. Con’s: more complex at time to change and it is depreciating.

Have at it.

[Megaflow]

Balls. This was supposed to be a poll…

[Robertb]

I'd go option 1, if you can get a good price now for the M2.

Not having a 'toy' will get in clear in your mind if you really miss this aspect, or if actually its better to have something you can use daily.

Maybe your priorities have changed... perhaps youre enjoying the more relaxed feel of the Mercedes more, which I can sympathise with on these crowded poorly surfaced roads that we have.

[Krikkit]

Is it a Comp? Keep.

If not, sell.

[Shnozz]

I find that if I sell my toy car and make do with one daily, Mrs S becomes very aware of a chunk of money in an easily accessible savings account rather than in an ISA/SIPP that could easily be exchanged for a new kitchen/bathroom etc. Far safer investment for me is to leave it invested in a car.

[drgoatboy]

Ask yourself what you like in a toy. Does the M2 still tick the box?
Personally for me sell and buy a proper toy like an elise

[Trevor555]

Megaflow said:

I ve got an original BMW M2, not sure what the geek language for it is, so that will have to do.

I ve had it 3 1/2 years and I think it is time for a change

I get the itchy feet thing, and I've had many cars over the years.

But there were many that I wish I'd have kept lol.

Now to your Bmw M2..

If I had to choose one car to keep forever, the M2 would def be on the shortlist.

What do you think might grab you after owning the M2?

That question obviously depends on whether you're upping the budget considerably, or not.

[SFTWend]

Sell, but only if the next toy definitely won't be another M2. They appear to be depreciating very slowly and finding another good one might not be that easy.

[Megaflow]

Robertb said:

I'd go option 1, if you can get a good price now for the M2.

Not having a 'toy' will get in clear in your mind if you really miss this aspect, or if actually its better to have something you can use daily.

Maybe your priorities have changed... perhaps youre enjoying the more relaxed feel of the Mercedes more, which I can sympathise with on these crowded poorly surfaced roads that we have.

Most of my driving these days seems to be work and back. Where the Merc easily wins out over the M2.

Krikkit said:

Is it a Comp? Keep.

If not, sell.

Not a comp.

Shnozz said:

I find that if I sell my toy car and make do with one daily, Mrs S becomes very aware of a chunk of money in an easily accessible savings account rather than in an ISA/SIPP that could easily be exchanged for a new kitchen/bathroom etc. Far safer investment for me is to leave it invested in a car.

Fortunately, Mrs Megaflow is as bad as me, her Mini is currently stage 1+ and will be getting a stage 2 with diff, flywheel & clutch next year and she is keen to see the BMW changed. Maybe that is some of the reason for the hesitation…

drgoatboy said:

Ask yourself what you like in a toy. Does the M2 still tick the box?
Personally for me sell and buy a proper toy like an elise

Previous toys were a Westfield, S1 Elise and a 987.2 Cayman. I think some of the issue with the M2 is it a bit too… normal… if that makes sense.

I think have a hankering for something smaller and a little lighter, 981 Boxster, perhaps.

Trevor555 said:

I get the itchy feet thing, and I've had many cars over the years.

But there were many that I wish I'd have kept lol.

Now to your Bmw M2..

If I had to choose one car to keep forever, the M2 would def be on the shortlist.

What do you think might grab you after owning the M2?

That question obviously depends on whether you're upping the budget considerably, or not.

See above. The budget won’t be much more than I get for the M2.

SFTWend said:

Sell, but only if the next toy definitely won't be another M2. They appear to be depreciating very slowly and finding another good one might not be that easy.

Interesting. Part of the reason for getting out now is while it is still worth something. If depreciation is going to below, then I could hang onto it for another year and carry on thinking.

Interesting thoughts folks.

[ZX10R NIN]

Sell it & get a Motorbike, it's a great toy for sporadic use, spend between 4-7k (including gear lessons etc) & you'll have smiles for miles & a chunk of change in the bank.

https://www.ebay.co.uk/itm/167885783364?_skw=gsxr+...

https://www.ebay.co.uk/itm/277552769037?_skw=gsxr+...

1000:

https://www.ebay.co.uk/itm/127384202671?_skw=rsv&a...

https://www.ebay.co.uk/itm/136280078608?_skw=zx10r...

https://www.ebay.co.uk/itm/136376182201?_skw=zx10r...

[Pica-Pica]

Shnozz said:

I find that if I sell my toy car and make do with one daily, Mrs S becomes very aware of a chunk of money in an easily accessible savings account rather than in an ISA/SIPP that could easily be exchanged for a new kitchen/bathroom etc. Far safer investment for me is to leave it invested in a car.

'Investment' and 'car' are not good bedfellows.

[Weekendrebuild]

Pica-Pica said:

'Investment' and 'car' are not good bedfellows.

Says who I’ve made plenty.. actually my whole collection owes me virtually nothing due to appreciation and reading market trends with previous cars. E30 M3s being one.
Allso a very liquid assets unlike property portfolios.

[Shnozz]

Pica-Pica said:

Shnozz said:

I find that if I sell my toy car and make do with one daily, Mrs S becomes very aware of a chunk of money in an easily accessible savings account rather than in an ISA/SIPP that could easily be exchanged for a new kitchen/bathroom etc. Far safer investment for me is to leave it invested in a car.

'Investment' and 'car' are not good bedfellows.

By contrast to a kitchen or bathroom, they could be considered one both in financial terms and experience.

[Megaflow]

I think I might have found the answer to my question, it looks like this:

https://www.pistonheads.com/buy/listing/19528963

As quick as the M2, auto, smaller than the M2.

Only potential downside is it is a little bit of a porker at 1595kg, and they also seem to be like hen's teeth...

[Lester H]

Shnozz said:

Pica-Pica said:

Shnozz said:

I find that if I sell my toy car and make do with one daily, Mrs S becomes very aware of a chunk of money in an easily accessible savings account rather than in an ISA/SIPP that could easily be exchanged for a new kitchen/bathroom etc. Far safer investment for me is to leave it invested in a car.

'Investment' and 'car' are not good bedfellows.

By contrast to a kitchen or bathroom, they could be considered one both in financial terms and experience.

Probably equally depreciating as kitchens and bathrooms. ( often the buyer of your updated house rips them out.) That said with traditional ‘ personal loans’ there are lots of people driving round in house extensions and new kitchens. The posher end may even be sailing in them.