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      03-08-2019, 02:58 AM   #46
MelbourneFinn
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Drives: 2021 G30 M550i
Join Date: Dec 2017
Location: Melbourne

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2021 BMW M550i  [9.00]
This is a great discussion! I wish there was a bigger M6 population in Australia. All M6GCs combined there is 8 in total for sale in the whole country, 5 LCIs and 3 pre-LCIs.

Seemingly, the best deal LCI seems to be a ‘16 Comp Pack (ZCP in the US, but all AUS M6s were Comp from ‘16), asking price just under $120k (FX 0.7 to USD currently), with 20k kms (12.5k mls) - that’s depreciation of appr $180, or 60%, in 3 years - is that in line with the US cars? Mind you, this is an asking price by a private seller, and despite the ad says non negotiable, another $10k would come off if you show cash...

At the other end, a dealer selling a ‘17 for $172k asking price with only 4k kms, or a ‘15 Comp Pack modded with nearly $40k kms for $165k asking price, especially the latter is naturally wishful thinking...

The non-LCIs with appr. 40k kms are priced at around $120k, both ‘14 models, but with minor upgrade (called MY14.5 here), and a ‘13 model with 80k kms for $100k - and I don’t remember when I have seen an M6GC advertised for much less than that - does that mean that the early model prices are beginning to plateau in this market? Naturally, these are asking prices, most private sellers, so a wholesale likely would be min 30% lower, and net trade-in another 10-15% under that...

Any thoughts from those who have done more research on a bigger market?
Appreciate 0