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Roadsters

"M" Specific discussion
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Simon 3.2M
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Post by Simon 3.2M » Tue Jun 27, 2023 1:36 pm

Wishful think or are we seeing roadster prices increasing?

Seems like the asking prices on AT and the other usual suspects seem to be higher.
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enuff_zed
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Post by enuff_zed » Tue Jun 27, 2023 1:41 pm

Seen an awful lot of optimistic 2.0 adverts. They do seem in the main to be quite highly specced, but not sure they are actually selling?
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coldel
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Post by coldel » Tue Jun 27, 2023 2:13 pm

Selling vs Pricing is always going to be different.

Less cars for sale this time of year as people want to drive them during the summer months rather than sell them means less on offer, higher prices, probably see a flood of cars in October not so keenly priced?
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mmm-five
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Post by mmm-five » Tue Jun 27, 2023 2:22 pm

The value is obviously strengthening because people have realised it the only way to guarantee I'll have never abused driven it :P
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Post by NS66 » Tue Jun 27, 2023 3:26 pm

Seasonal - always command higher prices when the suns shinning :-)

Simon 3.2M
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Post by Simon 3.2M » Tue Jun 27, 2023 4:19 pm

Sorry, should have been more specific - I was referring to M roadsters as historically they are between 10-12k for a 100k car but they seem to be generally higher, notwithstanding the seasonal variation?
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Post by tomscott » Tue Jun 27, 2023 4:45 pm

Lets hope so!

I agree with the sentiments above.

There is also an element of people offloading with all the issues with the financial climate as well as popular time to sell.

I think one of the key reasons these cars are annoying is the tax bracket £695 for a sub 15k car add insurance and servicing.

Expensive little niche package that has seen very little if any appreciation in the last 10 years. Postive thing is they haven't seen any great depreciation either.

Odd considering the other M cars of the period doubling and trippling in value in the same period. Even with all the positive press in the last few years with the death of the NA manual era, still very little uplift.

Dont get me wrong they are amazing value for money face value compared to other sports cars. You can sink a sizeable amount into them in a 3 year period that isn't insignificant vs its total value. Especially when most are higher up the milage scale and need the attention.

Lets be fair thats also an expectation of the buyer too which adds more pressure on the sale.

40 on autotrader at once is also quite high = more competition.

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Post by True-Blue » Tue Jun 27, 2023 5:08 pm

I thinks what’s critical here is ‘what’s selling’ rather than what’s advertised.

I watch the Z4 market (mainly out of habit now) and not much is moving. I probably paid a couple of hundred quid too much for my latest E85, but it’s in a colour I’ve always wanted so I’m good with that (Not an M).

Asking prices are still peak Covid, but look how few cars sell quickly. It seems that most sellers think the lockdown premium still applies, but a significant proportion of the population have gone from surplus income with nothing to spend it on (during lockdown) to tightening the purse strings as it’s going to get rough.

Not sure about the more practical vehicles, but two seaters of any kind seem to be hanging around.
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Mr Tidy
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Post by Mr Tidy » Tue Jun 27, 2023 8:01 pm

MR prices do seem higher just lately, but MC prices seem to be holding up too (thankfully)!

Maybe it's just a seasonal thing - we'll see in the Autumn.
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