10-03-2020, 01:19 AM | #1 |
Private First Class
64
Rep 148
Posts |
Will the M8 coupe and convertible phase out help or hurt resale value
I have read extensively the high depreciation of the M8. Will phasing out the coupe and convertible help or hurt resale value. It seems logical that since BMW are not going to make a 2021 model and possible stop forever, there might be a higher demand for these models in a few years to come. Wishful thinking?
|
10-03-2020, 01:34 AM | #2 |
Lieutenant Colonel
769
Rep 1,684
Posts |
Yes! Wishful thinking
__________________
22 M4 Competition xdrive
19 M5 Competition sold 16 F-Type S AWD sold 11 Audi RS5 Misano Red--sold 08 E92 M3 Jerez Black 6MT--sold 08 E92 335i 6MT traded in for M3 |
Appreciate
0
|
10-03-2020, 04:19 AM | #3 |
Colonel
6379
Rep 2,386
Posts
Drives: Z4 M40i
Join Date: Jan 2019
Location: South Florida
|
Only no MY21 US allocations. M8 coupe & convertible remain in production and available in other markets.
|
Appreciate
0
|
10-03-2020, 07:58 AM | #4 |
Private First Class
172
Rep 128
Posts |
Most likely no net affect. They overpriced the M8 from the start. Only the minority of the sales that have happened were orders, the remainder of the majority only happened due to deals from sitting on the lots for so long. This car isn't built to sell and I'd be surprised if it even makes it into 2023.
It looks nice, drives ok, and is built/targeted for a customer base where other competitors do it a lot better either in drive (Porsche 911) or creature comforts (Mercedes S63). Maybe in 20 years when it's in the $10K used car range, it MIGHT add a few K to the resale. But then again the cost of parts and maintenance will probably drive sales away. |
Appreciate
2
LSM1118.00 stein_325i25176.00 |
10-03-2020, 08:52 AM | #5 |
///M Fan
1657
Rep 1,490
Posts |
Disagree with the above assessment as it is a better DD than most high performance 911s and AWD and incredible performance make it easy to drive and enjoy in places like Michigan. Should it have been $10-20k less yes but in small numbers hard for BMW to do that. I love mine, special order and loaded and no regrets. Easily can get any Porsche and I have owned a Cayenne Turbo and 911 Turbo as well. My only gripe is the rear seat room and the weight. Hopefully BMW learns from this and the next round is more efficient use of space and weight. Look at the new M4 rear sear room and CF seats as examples of moving forward.
Noushy
__________________
2019 BMW X5 50i Mineral White/Tartufo all options including M Sport
2022 Porsche 911 C4S Silver/Brown 2023 BMW iX M60 Black Sapphire/Amido, Titanium Bronze trim/22 2023 Audi RS6 Avant Daytona Gray/Black 2024 BMW X5M Comp Brooklyn Gray/Taruma Brown, Titanium Exhaust on order |
10-03-2020, 09:15 AM | #6 | |
Lieutenant Colonel
1118
Rep 1,809
Posts |
Quote:
But as I have said many times they are after different audiences. 992 Turbo S is sold out until next fall and the M8 sits at dealer lots without much demand. I can trade my 992 in today 9 months later for exactly what I paid. Although the M8 is a wonderful car it really depends what you are after vs a 911. I can see why people drive M8's. It's beautiful, eats up miles, and is exotic car fast. I buy my cars due to not lease friendly state and I keep the tax credit. But overpriced or not with BMWFS and dealers being so aggressive with M8's have 1200-1300/mo lease deals. That's a ton of car for 1200-1300 and no chance you are getting into an AMG GT, 911 or any car that costs 150-165k for near what the M8's are leasing for. Bargain of the century and easy offload on swapalease
__________________
2024 Porsche 911 GTS Cabriolet
|
|
10-03-2020, 02:35 PM | #7 |
Lieutenant Colonel
1292
Rep 1,658
Posts |
I agree with the two above posts. 911's are bought by those that want true 2 door sports cars that are powerful, yet light and nimble and can be a DD with the little jump seats as an extra bonus for space. They are however way overpriced for what you get, as optioning these can get very steep very quickly. I've owned countless 911's and there is just something about them that will always hold a mystique type edge over other competitors, even when the others are faster and better looking per say. The lux SUV craze and the 4 door "sports cars" like the Panamera and others have eroded the sales of the true 2 door GT car...sad.
__________________
2019 M850i xDrive Coupe (06/19 Production)
Mineral White/Black, HP Cooling/Tire/M-Technology Pkg/Extended Shadow/Etc., Anthracite Headliner, Carbon Roof, DAx2, Display Key, Various Accs'. Topic permitting, I try to be objective as possible Last edited by RJC-1; 10-03-2020 at 09:39 PM.. |
Appreciate
1
LSM1118.00 |
10-03-2020, 04:35 PM | #8 | |
Colonel
1607
Rep 2,937
Posts |
Quote:
These are productions cars, not collectors cars. They aren't hand built or unique or special enough to warrant a 30 year collection. These aren't works of art, like the special edition 1 of 8 type, Ferrari or such. When a production car like the m8 stops getting made, you can't find parts and people don't want them. The reason a 1940s or 1950s car is in demand is because everyone bought one and now they want to relive their youth. The m8, specifically the convertible and coupes; are a dying breed. Most people want a big SUV; and all car sales from every major manufacturer is going all electric and all SUV. The 8 series sales are bad and they aren't going to go up in value just because they get discontinued. That said; they are great cars and there will always be someone willing to buy a m8comp or M850i convertible or coupe. Just at a lower price. |
|
Post Reply |
Bookmarks |
|
|