Discussion thread for Z3/M cars on BAT and other for sale/auction sites

[robrez]

Today is the day.

23k 2002 M Coupe

http://bringatrailer.com/listing/2002-bmw-m-coupe-5/

I remember watching this thing stall out at $35k at Mecum.

[z3forlife]

Coming soon to enthusiast auto a 2002 s54 m coupe. price $45000 lol

[gmushial]

Coming soon to enthusiast auto a 2002 s54 m coupe. price $45000 lol

An hour to go and $38500... so much for six-digit shoes. What was the new cost on this coupe? And how does that scale in inflation corrected dollars?

[gmushial]

Closed at $53000... or $38,950 in 2002 dollars... any guesses on the sticker price in 2002?

[JoshS]

I think sticker was have been $46,200 in 2002, IIRC. Plus destination. Same as 2001. $5K more than the S52s. Although now my feeble brain is questioning, maybe it was a $6K difference, so $47.2K?.

[Randy Forbes]

I think sticker was have been $46,200 in 2002, IIRC. Plus destination. Same as 2001. $5K more than the S52s. Although now my feeble brain is questioning, maybe it was a $6K difference, so $47.2K?.

Coupes were $1000.00 less than an equivalent S-54 Rdstr, and I'm thinking the gray car was $46,500.00 (too lazy__or won't remember__to check the window sticker in the house).

[gmushial]

So: a $46200 car in 2002, inflation correcting the dollars becomes $62863 2017 dollars... and it went for $53000, and with 20k+ miles... probably not a bad price for the buyer; though for the seller, maybe thinking that this was an investment (since with only so few miles they didn't derive a lot of smiles per gallon), probably generously described as a push.

[jbrannon7]

So: a $46200 car in 2002, inflation correcting the dollars becomes $62863 2017 dollars... and it went for $53000, and with 20k+ miles... probably not a bad price for the buyer; though for the seller, maybe thinking that this was an investment (since with only so few miles they didn't derive a lot of smiles per gallon), probably generously described as a push.

Since he did not drive the car much, if he had bought gold coins with that money, gold was $342/oz in 2002. He could have gotten 135.08 ounces of gold, the spot price right now for gold is $1320/oz and his 135,08 ounces would be worth $178,315.00. There are other investments that may have netted more but gold is comparable to a car as it is a lump of shiny metal.

[BimmerBreaker]

If he bought it late 01, he also would have had a chance to buy Enron stock instead of the M coupe.

[jbrannon7]

If he bought it late 01, he also would have had a chance to buy Enron stock instead of the M coupe.

Yes, but gold does not evaporate like stock can.

[Watch Carefully]

Estimate: $2,000,000 - $2,500,000

http://bringatrailer.com/2017/07/21/...58-bmw-507-s2/
http://www.goodingco.com/vehicle/195...7-series-ii-3/

SOLD for 2.75 million.

[s8ilver]

Undercarriage goals...

https://bringatrailer.com/listing/1999-bmw-m-coupe-8/

$27.5k hammer.

[ADAz3M]

Not sure this is allowed, but this looks like a really cool car

https://bringatrailer.com/listing/19...m-roadster-13/

and a soon to be really sad owner

[BimmerBreaker]

Not sure this is allowed, but this looks like a really cool car

https://bringatrailer.com/listing/19...m-roadster-13/

and a soon to be really sad owner

That's a bummer. What's prompting the sale?

[ADAz3M]

That's a bummer. What's prompting the sale?

Practicality/Life.

Moving and running out of room. Don't want to put the car in storage for who knows how long. Also I should probably focus on my e30 m3 that's been neglected.

Hate to let her go, but it's for the best.

[adonnan]

I don't know if it's been shared or not, but you can easily subscribe to new BMW's that pop up and they'll email them to you. It's fun to see what pops up.

[Watch Carefully]

Practicality/Life.

Moving and running out of room. Don't want to put the car in storage for who knows how long. Also I should probably focus on my e30 m3 that's been neglected.

Hate to let her go, but it's for the best.

Good luck! I bet it does well, and wish you the best,
Brad

[ADAz3M]

Good luck! I bet it does well, and wish you the best,
Brad

Thanks! I hope so. Never really auctioned a car before

[workhurts]

Just wanna say that could be said about everything. Regardless of miles, I'm sure joy was derived from owning the M. Why spend any money on anything at all? Invest invest invest. Just hope you don't die or get too old before you get to enjoy any of it.

It's always a balance. But yeh, cars aren't the greatest investments on average.

[BimmerBreaker]

Though, buying BMWs at the bottom of their depreciation curve is a lot more financially sane (provides you can turn wrenches yourself) than buying a new car and losing 20% value just by driving it off the lot

[s8ilver]

Do they get much better than this? Bone stock Imola Roadster with hardtop and 23k miles:

https://bringatrailer.com/listing/20...m-roadster-20/

[MartyBtoo]

Well, I see another steel gray S54 on BAT. I can't help wondering why the wheels look like hyper silver instead of shadow chrome, but a nice car.

Marty

[chemicalviper]

Well, I see another steel gray S54 on BAT. I can't help wondering why the wheels look like hyper silver instead of shadow chrome, but a nice car.

Marty

... inspect the pictures. It’s shadow chrome.

https://bringatrailer.com/listing/20...e1518964807243

[MartyBtoo]

The latest S54 Coupe on BAT is up to $37,777 with just a few hours to go. What kind of idiot buys this car and then only puts 8000 miles on it in 16 years?

Marty

[lapoune]

The latest S54 Coupe on BAT is up to $37,777 with just a few hours to go. What kind of idiot buys this car and then only puts 8000 miles on it in 16 years?

Marty

Seems like he has a lot of cars, no time to drive them all