bmw m6

[blackzM]

Just been having a look at a BMW M6 in local showroom. It was a 55 plate and with only 10k miles. The price sold at was around the £63k mark. Considering it was around £81k when new - THAT is depreciation.

It had one of those 'guaranteed residual value' signs in it. I enquired and was told after three years BMW would guarentee that value at £28,995! With the z4M seeming to be mutton dressed as BMW lamb (nothing new in it) and the M6 having the V10 PLUS practicality of four seats would any consider it as a future one to have?

[exdos]

Yes, but only when it reaches the £28,995 price.

Depreciation, as a percentage of the original price, will always hit cars most with the highest purchase price when new. Then, once such expensive cars have depreciated down to around 30% or less of their original price, how many ordinary folks can afford to run and repair them? The rich that can afford them at high new prices don't want old secondhand cars.

[Greenbat]

blackzM I 1st saw that interlagos blue M6 about 3 months ago advertised at I think £66K. So thats a grand a month depreciation.

I think 3 to 4 years time is going to be a great time for buyers. M5, M6, M3CSL all within people's price range.

Greenbat

[fastdrive]

buy an porsche turbo or a ferrari
The m6 is a bluff....
:wink:

[BEN]

but the porker and fezza do hold there money!

[Broccers]

but the porker and fezza do hold there money!

LOL cause they don't and they cost silly amounts to run 8)

[blackzM]

Its the same M6 I am talking about Greenbat. Interesting what BMW are doing because salesman said that there are not as many produced i.e. rarer car. Seems BMW are keeping the supply side of M6, M5s etc LOW so to keeps prices more inflated (as opposed to the E46 M3 as an example).

Also agree with Exdos about running costs that come three/ four years time who is going to be shelling out a projected £2-3k for a BMW warranty for the M6 - thats 10% of the value of the car!

What BMW could have done is keep the guaranteed residual value pretty high as an 'insurance' for buyers and with warranties keep them at a low annual rate with higher excesses to produce a win-win situation. Oh and have an audit program on dealerships to keep them on toes and deliver BMW (Germany) standards of care.

By the way has anyone driven the M6, 997 turbo out of curiousity - what were they like?

(The reason I am posting this at 2:50am is come back from a night out and so late in the morning can't get to sleep...how annoying is that :shock: )