10-29-2023, 09:41 AM | #23 |
Captain
1790
Rep 962
Posts |
Who knows, I may buy it back if things get bad enough...
__________________
2020 M2C
2018 M2 LCI Gone 1M, 991.1, 991.2, 718S, 991.2 TT, R8 Spyder RWD |
Appreciate
0
|
01-15-2024, 07:37 PM | #24 |
Lieutenant
644
Rep 544
Posts |
For posterity, here was my experience in case it can help anyone in the future.
2017 M2 25k miles, 6 Spd, Mineral Grey Metallic, Exec Package, excellent condition In November '23 Carvana offered me $36,725. A BMW dealership offered me $36k through e-mail without seeing the car. During negotiations for my 2024 their first offer for the 2017 was $34k. I told them that was a low ball and that I was offered thousands more from 2 other sources, one being Carvana. He asked if I was looking for $37k and I said that's closer. He came back with $36k. I said $36.5k and we can stop having this conversation. They agreed. I still feel the car in its condition and low mileage was worth more, but I wasn't interested in haggling any more. Hope this helps! |
Appreciate
3
|
01-17-2024, 06:07 AM | #25 |
I like turtles!
726
Rep 698
Posts |
I don't get all the doom and gloom people here. I think everyone got use to their cars not depreciating in value, and in some cases appreciating, which was never going to last and wasn't normal. Most cars lose 40% or so in the first 3 years of ownership, so the fact that these cars have lost 40-50% now that they are 7-8 years old is still really strong resale.
|
Appreciate
1
philth200.00 |
01-17-2024, 09:29 AM | #26 | |
Lieutenant
644
Rep 544
Posts |
Quote:
I paid $54k for my 2017 and got $36.5k on trade 7 years later. Seems like a damn good deal to me. |
|
Appreciate
1
qnet681.50 |
01-17-2024, 12:44 PM | #27 |
Lieutenant
588
Rep 440
Posts |
As EVs become more mainstream, I can still see standout ICE cars being maintained and sought after. Hell, if you are worried about the EV future at all, theres really only about 30 years worth of ‘good, modern’ ICE vehicles to choose from. Id put the little ole m2 on that list easily.
__________________
Dégouté
|
Appreciate
0
|
01-17-2024, 12:48 PM | #28 |
Lieutenant
588
Rep 440
Posts |
Thats around $200/per month to drive. Sweet deal imo.
__________________
Dégouté
|
Appreciate
1
MineralGreyMetallic643.50 |
01-17-2024, 11:16 PM | #29 | |
Lieutenant
580
Rep 559
Posts
Drives: BMW M2 2017
Join Date: Apr 2012
Location: Sweden
|
Quote:
__________________
My cars: http://WWW.GARAGET.ORG/PHILLY
|
|
Appreciate
0
|
01-19-2024, 04:00 AM | #30 |
I like turtles!
726
Rep 698
Posts |
|
Appreciate
2
MineralGreyMetallic643.50 murderspice587.50 |
01-21-2024, 12:31 PM | #31 | |
Captain
730
Rep 715
Posts
Drives: It like I stole It.
Join Date: May 2017
Location: Illinois
iTrader: (0)
Garage List 23 Gladiator Rubico ... [0.00]
08 uuuge wrangler r ... [0.00] 718 gt4 Wife's 2nd car [0.00] 2007 Audi RS4 [0.00] 2017 BM2 M2 [0.00] |
Quote:
__________________
P car or AND M2>
Last edited by mtoosexy; 01-21-2024 at 12:36 PM.. Reason: 40k |
|
Appreciate
2
MineralGreyMetallic643.50 ///M TOWN16581.00 |
01-21-2024, 12:46 PM | #32 | |
Captain
730
Rep 715
Posts
Drives: It like I stole It.
Join Date: May 2017
Location: Illinois
iTrader: (0)
Garage List 23 Gladiator Rubico ... [0.00]
08 uuuge wrangler r ... [0.00] 718 gt4 Wife's 2nd car [0.00] 2007 Audi RS4 [0.00] 2017 BM2 M2 [0.00] |
Quote:
^100% Might throw my Audi up on B.A.T as soon as the auto interest rates cool a bit.
__________________
P car or AND M2>
|
|
Appreciate
1
///M TOWN16581.00 |
01-22-2024, 01:22 PM | #34 |
Major General
10678
Rep 6,940
Posts
Drives: 2018 M2 AW DCT
Join Date: Aug 2012
Location: Seattle, WA
|
Are you kidding me. No way am I going to tell you what I paid 6 years ago.
__________________
BMWCCA member Puget Sound Chapter
|
Appreciate
0
|
01-22-2024, 02:42 PM | #35 |
Brigadier General
814
Rep 3,953
Posts |
And it would only be relevant if the tax rates for state county etc were equal. In my state you’re taxed on the difference if trading on new so that would mess with your out the door.
__________________
2021 M2 Comp Sunset Orange |Black with orange Stitching Dakota Leather|Executive Pkg|DCT
|
Appreciate
1
DanG10677.50 |
01-22-2024, 03:36 PM | #37 |
Lieutenant
644
Rep 544
Posts |
Yeah, for example, tax rate in my area of LA is astronomical and we pay tax on the full purchase price
|
Appreciate
1
SoCalDodgy12.50 |
01-25-2024, 04:48 AM | #38 |
I like turtles!
726
Rep 698
Posts |
what people paid is irrelevant when it comes to the current value of the car, and will only lead to either people boasting about how much under invoice they paid (yeah right) and others getting roasted for overpaying for the car just because they wanted it and could afford to buy it.
|
Appreciate
1
qnet681.50 |
01-25-2024, 10:40 AM | #39 | |
Lieutenant
588
Rep 440
Posts |
Quote:
(Big fan)
__________________
Dégouté
|
|
Appreciate
0
|
01-26-2024, 05:23 AM | #40 |
I like turtles!
726
Rep 698
Posts |
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|