Hehehe, IDK... I will not be buying the new big 6 series.. but to each their own...
Instead I would recommend to get your savings ready and buy an E31 now before values take off significantly.
Is that the consensus? Once it releases the e31 will jump up? I know CSIs pull huge numbers, but what about us mortal e31s?
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I doubt anything will change. They made some many E31s that the only ones that will maybe gain value are the CSi and 6 speed 850s.
The first year models will be VAT free (21%) to import into Germany in 2020. At that point collectors can slap an H plate on it and get the cheap insurance. No more paying registration by engine size. German/Dutch dealers will clean out US/Canada at these prices just like they cleaned out the Japan auctions of all their cheap BMW's/etc..
"Asphalt is evil, it must be punished!"
'89 Z1 Dream Black/Alcantara/Camo, Racing Dynamics, the coolest doors known to man -- Sunny days & Sundays
'90 Z1 Red w/custom red/black French leather, Ground Control coil overs, BBS RV-F --Mais Oui!
'91 850i Mauritius Blue/Black --1 of 179
'85 M635CSi Alpine -- "Explosive!!!"
'03 M3 Conv, Imola w/ SMG -- her daily driver
'17 “30 Jahre” M3, Macao Blue -- 1/500 made
Previously owned: 74 2002 (x2), 85 325e, 80 323i Baur, 94 325iC, 03 325CiC, 80 633CSi, 90 325iC, 98 318ti (Budget M3), 01 X5, 02 X5 4.6is (x2), 94 M3, 98 M3/4, 16 340i
Maybe, but I'm not sure production numbers alone will determine prices in the collector car market. Look at the e30 M3. Including special editions they made over 17,000 of them worldwide and the collector market loves them. I think cars that inspire passion in enthusiasts will continue to climb in value. The e31 had a lot of "firsts" that could make it collectible--even the non-manual cars.
"Asphalt is evil, it must be punished!"
'89 Z1 Dream Black/Alcantara/Camo, Racing Dynamics, the coolest doors known to man -- Sunny days & Sundays
'90 Z1 Red w/custom red/black French leather, Ground Control coil overs, BBS RV-F --Mais Oui!
'91 850i Mauritius Blue/Black --1 of 179
'85 M635CSi Alpine -- "Explosive!!!"
'03 M3 Conv, Imola w/ SMG -- her daily driver
'17 “30 Jahre” M3, Macao Blue -- 1/500 made
Previously owned: 74 2002 (x2), 85 325e, 80 323i Baur, 94 325iC, 03 325CiC, 80 633CSi, 90 325iC, 98 318ti (Budget M3), 01 X5, 02 X5 4.6is (x2), 94 M3, 98 M3/4, 16 340i
This article compares the e31 with the new 8:
http://www.bmwblog.com/2018/04/27/ph...-bmw-8-series/
M3 is a good case in point. As is the M5 (e28) and M6 (e24). So are 80's 911's and the UR-Quattro. As soon as they hit 30 years they all became H plate eligible, which allows for a different (cheaper) registration and cheaper insurance. Makes it really easy for hoarders to put together collections and keep them road worthy. There is a whole niche industry in Germany/Netherlands sourcing cheaper classic cars overseas. Importing cars without having to pay VAT is huge. Its literally a 20% margin boost and at volume can mean big $$$. All those cars I mentioned experienced big price appreciation in the last couple years, now you know why.
Production totals are important, attrition is even more so. Mileage profile is also important. Far easier to find a low mile sl500 than an e31. I suspect the mileage profile for the global fleet of e31's is starting to look like an inverted pyramid. Low miles will be handsomely rewarded. And this has already proven to be correct, automatic or manual.
Good point re: attrition. So many M3's have been lost to racing and accidents, making the good ones that remain more valuable. Many E31's have been lost due to accidents and the expense to keep them on the road--cheaper to part out than to replace a tranny or repair body panels on a $6k car. I think Low mileage is relative to the car. 1990"s M3's and M5's with less than 100k are very rare. For e31's I think the rare low mileage threshold may be a bit lower than that.
"Asphalt is evil, it must be punished!"
'89 Z1 Dream Black/Alcantara/Camo, Racing Dynamics, the coolest doors known to man -- Sunny days & Sundays
'90 Z1 Red w/custom red/black French leather, Ground Control coil overs, BBS RV-F --Mais Oui!
'91 850i Mauritius Blue/Black --1 of 179
'85 M635CSi Alpine -- "Explosive!!!"
'03 M3 Conv, Imola w/ SMG -- her daily driver
'17 “30 Jahre” M3, Macao Blue -- 1/500 made
Previously owned: 74 2002 (x2), 85 325e, 80 323i Baur, 94 325iC, 03 325CiC, 80 633CSi, 90 325iC, 98 318ti (Budget M3), 01 X5, 02 X5 4.6is (x2), 94 M3, 98 M3/4, 16 340i
Last year I predicted this would happen and it continues to do so. Taylor Patterson can attest to this. If anything, we were in the midst of it all together with BMW AG and a group of other people involved. The fact that the promotions of the new car aided by the classic car landed in the hands of passionate E31 owners was no coincidence. It was a given path for it, and for us all as a community.
The new 8-series G15 has and still continues to raise the value of 8-series E31. What you've seen happen since May 23rd of 2017 until today is only the tip of the iceberg. Just wait for June 2018 Official production car (non-camouflage) reveal and November 2018 delivery of cars to customers (over sticker price). It will be a frenzy by 10 fold to what we have seen so far. All publications, large and small, including every youtube Vlogger, newly owners (of both cars), TV shows and such will get their hands on BOTH cars and do side by side test drives etc... That alone will familiarize the E31 with a whole new generation of drivers/buyers, and that alone will raise the values of pretty much all E31s, with the Alpinas and CSis leading the way. Not everyone will afford to buy a $100-200K + car, so naturally the more affordable one's will be in demand as well.
Save this post of mine and refer to it 12 months from now to see how much of it will come true. I told Taylor last year that the US-Spec CSi's will surpass $100K price by next year and it happened. Just in the past two weeks alone two cars sold for $115-120K and several more have hit the market at the same price range.
The other things which the two gentlemen referred to here in this post are the German and European markets demanding these cars once they hit the 30-year age mark. Same thing will happen to cars hitting 25 years for the US market, making imports much easier and less expensive.
This week I'm premiering a new E31 film and a new wave of classic automobile "ownership change" strategies. Stay Tuned please. The future for our cars is very bright.
If all else fails, I will continue to use all my film making abilities and my new found friends at BMW AG to help raise the value and recognition for the E31. You have my word on that.
Where it all began. film 1
https://www.youtube.com/watch?v=3xFbe9Y85pc&t=35s
film 2
https://www.youtube.com/watch?v=LKM1I9-1e78&t=160s
and this... from shmee150
https://www.youtube.com/watch?v=HJXurp6wuP4
by bmw themselves.
https://www.youtube.com/watch?v=Ja1Mnezfkts&t=3s
Last edited by Alec Cartio; 04-30-2018 at 07:53 PM.
Board Member of SoCalEights (Marketing, Web Development & Social Media), Vice President: BMWCCA/E31 Chapter, www.cartiologyfilms.com
Current E31s:
1997 BMW 840Ci Black on Beige. CSI 62, 107 and 16. Euro-CSi #892.
Client Represented E31s (Cartiology Films)
1994 BMW 850CSi #11 USA, 1994 BMW 850CSi #31 USA, 1994 BMW 850CSi #58 USA
93-850Ci - manual 6 speed. 97-850Ci - M73 Steptronic. 94-CSi 125, 95-CSi 162 Daytona Violet, CSi 198 White on Red
Past E31s:
1991 BMW 850i. Calypso Red on Beige Nappa and 1995 BMW 840Ci. Bright Red on Beige Nappa
1997 BMW 840Ci. Black On Black Nappa, but changed to Dakar Yellow on Black Nappa and 1994 BMW 850CSi #27. Red On light Silver.
1991 BMW 850i. Automatic. Red On Black and 1996 BMW 850Ci. Automatic. Midnight Blue on Gray.
1994 BMW 850CSi. Black On Blak #107, Black/Black 97-840. White/White CSi. Silver/Silver 97-840
Very exciting, Alec.
Nice
I agree with Alec! I have been looking for several years for my first E31. Just got a decent 840ci several weeks ago. I know I paid about 3K more for it than if I had bought the same car 1-2years ago.
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