Used M6 cost questionable

[TxBeem]

I found a few 2013 M6 coupe ranging from $76k to $89k. Can this be true? Especially if the original price is upwards of $120k? The are not dealerships but private dealers that focus on high end luxury vehicles.

Miles range from 11k-17k

[bigbrian]

I bought my 2013 M6 with 4,000 miles on the clock for $87,500. It's fully optioned w/ the exception of night pedestrian vision, comp pack, and carbon ceramic brakes. It even had an Eisenmann Race exhaust on the car which I know doesn't increase value but it was a bonus for me.

I have the original stick and it shows $120k.

Brian

[savela]

I'll be purchasing a 2014 w/ 3K miles , just about hard loaded w/ full leather ($132K) for $92ish. Giddy up.

[Lydiamight]

Just as heavy depreciation in the UK.
Purchased a heavily loaded used 640D convertible from a BMW main dealer in London with just 1700 miles on the clock. Sticker price £86,000 (US$130,500) and paid £49,500 ($75,100)---all at current exchange rates.

[HoustonRider]

It's always better to have someone else take the depreciation I bought my 2014 GC for $40k off MSRP with 2200 miles on it. I have no problem letting someone else drive it for the first 2000 miles for $40k

[devondragon]

Same here. Roughly $40k off sticker on my 2014 m6 with 2,400 miles on it. Hell of a deal imho!

[TxBeem]

Great to know! Thanks for everyone's input.

[PhantomCypher]

I have never owned a car with such a atrocious depreciation curve.

I came from CarMax today with a quote for my 2013 M6 Coupe with 20k miles and they wanted to give $57k. My sticker is 120k with every option except comp, B&O & night vision.

Thank goodness I leased the car because it's so far under water that I don't think a government-sized bailout would save it.

[TxBeem]

Originally Posted by PhantomCypher

I have never owned a car with such a atrocious depreciation curve.

I came from CarMax today with a quote for my 2013 M6 Coupe with 20k miles and they wanted to give $57k. My sticker is 120k with every option except comp, B&O & night vision.

Thank goodness I leased the car because it's so far under water that I don't think a government-sized bailout would save it.

Damn $57k???

[HoustonRider]

Of course a dealer who makes money selling cars isn't going to give you top dollar when you ask them to buy your car. Sell it yourself and make another $20-25k. Cause that's what they would do.

I will only trade to a dealer if the tax difference (in Texas you don't pay tax on your trade dollars) works out along with the trade amount. So in Texas, that $57k (plus 6.25.% tax savings) is really giving you $60,562 for your trade.

Again, when you google the VIN in a week and see it for $89,992 plus TTL......

[Stonehands]

Originally Posted by PhantomCypher

I have never owned a car with such a atrocious depreciation curve.

I came from CarMax today with a quote for my 2013 M6 Coupe with 20k miles and they wanted to give $57k. My sticker is 120k with every option except comp, B&O & night vision.

Thank goodness I leased the car because it's so far under water that I don't think a government-sized bailout would save it.

I'm in the same situation with a 2013 M6 the exact same option pkg with retail $123,000 on lease. I got a fairly good residual value and very good cost factor. My buy out after 36 mos is approx. $63K. I think I will be looking for another car. I've also had significant problems with the car some of which are not resolved and make it annoying to drive. I have love hate relationship with it.

[M6-Coupe]

Originally Posted by Stonehands

I'm in the same situation with a 2013 M6 the exact same option pkg with retail $123,000 on lease. I got a fairly good residual value and very good cost factor. My buy out after 36 mos is approx. $63K. .

I almost got the same thing.. 120K MSRP and 63k (53%) residual value

[Stonehands]

Mine was the first shipment delivered to USA back in summer 2012. That was the BMW lease numbers at the time. I remember having to wait on the actual values. The residual value came in first and I was somewhat disappointed but then they changed it and increased it much to my pleasant surprise. Clearly they took a gamble and lost. Then the cost factor came in at a rate so low I had not seen before. I pulled the trigger. BMW financial is going to eat a lot on these cars when they come in from lease. I bet a lot will be going off to auction.