In a way, as i mentioned on the 30k coupe thread im hoping this is a reset of sorts.
Its funny its a forum about appreciation of these cars. Most people are owners slamming values... Like you cant find a good E46 M3 for under 30k! Just find it funny surely its a positive that there are examples on the higher side?
The Z4M didnt appreciate through covid, in fact, the prices hadn't really changed for 8 years and that doesn't include inflation.
Then a huge decrease after covid. They were 14-18k for 60-80k cars pre covid those same cars are now <10-14k on the market not actual.
Just do a trade in value check, roadsters have like 3-6k trade values which is shocking. Granted they are 20 years old and most dealers dont want these cars.
That being said they have to be good examples with good history you inevitably get people thinking what they have is worth more than they are.
I also think these cars are hard to value. I certainly would pay more for a better car and 25K for a good Mcoupe with the state of the car world to me is a bargain.
They are the only M car of its generation to see big drops. Considering the rarity and the fact they have the later CSL parts, it's mad that, for example, mine, being a 1-4 car 80k in excellent condition, is worth probably 9k realistically. 12k to put up, but watching the market, nothing has moved.
That being said I posted this on a Facebook page for a 3.0SI with 90K up for 8k and had numerous people wanting to take it off my hands.
Its nice to see a few having confidence that the cars are worth a bit more because honestly as a buyer its epic. As a seller its pretty awful especially considering the money these cars need at this age to be in good order. Could drop 5k really easily on these and as a buyer without much understanding get yourself in a bit of a financial hole. It doesnt make them worth any more. The complete opposite in the Porsche world, hence the huge price discrepancy between cars.
If we end up in another financial crisis I will certainly be looking to add another Mcoupe or a 997.2 to go with my MR.