Whats my M6 Worth?

[sovende96]

Hi all,

I'm considering selling my 2013 M6 and am curious to what its worth. It has 52,000 miles and is in great condition. The only flaw is a small amount of wear on the center armrest/center console.

The car has a clean title but does have an accident where the side front airbag deployed. Everything was professionally replaced through BMW and there are no signs of an accident.

The M6 is all factory with the exception of black wheels. Fully loaded except full leather and night vision.

Also the car has a transferable warranty until 2021 w/unlimited milage. ($4,900)

Thanks in advance

[mgmarsh39]

Here is the MMR on your particular M6. Hope this helps!

[jstinc]

Looks great. Try KBB instant offer to get a general idea.

[mjposner]

With that accident I would downgrade car 10-20%. Airbag deploying means relatively bad accident. Also, 52k miles is high. I was offered 29k for my 2013 M6 convertible by carmax and no accident, with same options plus night vision.

[mberbic]

I would say Low 30s due to high mileage and Airbag deployment

[mgmarsh39]

Originally Posted by mjposner

With that accident I would downgrade car 10-20%. Airbag deploying means relatively bad accident. Also, 52k miles is high. I was offered 29k for my 2013 M6 convertible by carmax and no accident, with same options plus night vision.

Yikes. I sure hope the values start to plateau on these things.

[Vaughan_Bimmer]

Great looking car!

[Flying Ace]

Originally Posted by mgmarsh39

Yikes. I sure hope the values start to plateau on these things.

Not until 2021-2022 unfortunately. You should sell when you can.

[mgmarsh39]

Originally Posted by Flying Ace

Not until 2021-2022 unfortunately. You should sell when you can.

Never!

Waiting on they day when that sleezy car lot with the wacky waving guys has a f06 on their lot for sub 30k. A tear will be shed.

[Msizzle]

I just can't believe these cars can get so low, do you guys think they were over produced? I mean you can get a decent example in the 40's at this point. To think someone will soon spend 35k and drive around in one of these is crazy!!

[Flying Ace]

Originally Posted by Msizzle

I just can't believe these cars can get so low, do you guys think they were over produced? I mean you can get a decent example in the 40's at this point. To think someone will soon spend 35k and drive around in one of these is crazy!!

well everything of value is based on supply and demand. You can blame supply or demand.

I think it comes down to demand. One easy way to track it is to use cars.com app. An older version shows the number of page views and contacts through the app for any particular car. For the M6...you'll see a wide range of numbers. What I've observed was that the higher app traffic were for:

1. lowest priced car (usually one with high mileage or accident history)
2. cars where their photos show something unique (frozen paint, SMB, SO)
3. cars with certain spec combos (SMB on SO, 601 wheels/ZCP, CCBs, etc.)
4. cars in major metro areas

IMO, the M6 model that will retain value the best is the Gran Coupe. The most coveted option will be ZCP. The most coveted model year eventually will be 2016-18.

The least desirable M6 models eventually will be 2013 convertibles and coupes with no ZCP. Those will likely stabilize at around $25k by year 2023. Expect Gran Coupes to stabilize around $30k and coupes to be somewhere in the middle. Unique ones can easily add $5k to that price.

I'm basing this on E60 and E63 M5/6 used prices right now and my experience owning and selling my 08 M3.

Partially based on the analysis above, when I bought my M6, I decided on a car I eventually bought with these features:

1. Highly coveted M Performance/aftermarket parts - mine came with the electronic wheel, MPE, and V-Spoiler ($10k worth of parts)
2. popular color - alpine white is as classic as it gets for a BMW M car
3. Low mileage - I calculated my annual mileage rate from the then current mileage and determined I would have a lower mileage car than the average car by 2023
4. ZCP - unlike 2006-2013 various M models, the F generation ZCP cars all have substantially material changes made to the car and the way it drives (suspension, steering, power)
5. Other key options - B&O, full leather

[MMMM6GC]

Originally Posted by Flying Ace

well everything of value is based on supply and demand. You can blame supply or demand.

I think it comes down to demand. One easy way to track it is to use cars.com app. An older version shows the number of page views and contacts through the app for any particular car. For the M6...you'll see a wide range of numbers. What I've observed was that the higher app traffic were for:

1. lowest priced car (usually one with high mileage or accident history)
2. cars where their photos show something unique (frozen paint, SMB, SO)
3. cars with certain spec combos (SMB on SO, 601 wheels/ZCP, CCBs, etc.)
4. cars in major metro areas

IMO, the M6 model that will retain value the best is the Gran Coupe. The most coveted option will be ZCP. The most coveted model year eventually will be 2016-18.

The least desirable M6 models eventually will be 2013 convertibles and coupes with no ZCP. Those will likely stabilize at around $25k by year 2023. Expect Gran Coupes to stabilize around $30k and coupes to be somewhere in the middle. Unique ones can easily add $5k to that price.

I'm basing this on E60 and E63 M5/6 used prices right now and my experience owning and selling my 08 M3.

Partially based on the analysis above, when I bought my M6, I decided on a car I eventually bought with these features:

1. Highly coveted M Performance/aftermarket parts - mine came with the electronic wheel, MPE, and V-Spoiler ($10k worth of parts)
2. popular color - alpine white is as classic as it gets for a BMW M car
3. Low mileage - I calculated my annual mileage rate from the then current mileage and determined I would have a lower mileage car than the average car by 2023
4. ZCP - unlike 2006-2013 various M models, the F generation ZCP cars all have substantially material changes made to the car and the way it drives (suspension, steering, power)
5. Other key options - B&O, full leather

Great post. What are you opinions now a year later?

[Flying Ace]

Originally Posted by MMMM6GC

Great post. What are you opinions now a year later?

I can now trade my 43k mile M6 GC in for a pack of gum and a bus ticket

[MMMM6GC]

Dayum. That bad!?

[Hotsawwce]

Got offered 33K trade in for M6 GC 44,000 miles

[thebmw]

There's very little market for the m6. The buyers it appeals to are very small. Repair costs are insanely high and reliability has been notoriously bad, especially with the rod bearing issue. I know someone who had a M6 GC right out of warranty and blew a rod bearings that ruined the engine. $40,000 in damage but the car was only worth $40,000. So basically he lost the whole entire car. Insurance did not cover that and BMW did not help.

[spikespiegel]

what gen are you talking about? The S63 motor is pretty solid and my mechanic who specializes in BMW has said hes seen literally no issues w that motor/platform.

Maybe you're talking about the v10 era?

[thebmw]

Originally Posted by spikespiegel

what gen are you talking about? The S63 motor is pretty solid and my mechanic who specializes in BMW has said hes seen literally no issues w that motor/platform.

Maybe you're talking about the v10 era?

I am referring to the "current" gen, S63, F06/F12/F13 era. My independent shop owner in the Chicago area (who sees cars from all over the US and works on IND's cars) says either stay away from the M6s or stash a bunch of money for repairs! V10s had their issues as well. I'm not saying every car is bad at all. But enough had catastrophic issues that many people are very concerned about owning these out of warranty.

Worse, it is not just the rod bearings that resulted in complete engine failure. Here is just one thread:
https://www.m5board.com/threads/s63-...65-s85.602406/

I know people who have spoken to class-action attorneys but it has not moved forward due to the business model for the attorneys. Too low of a volume of cars sold to make a business case for them. That low volume is also why there is a perceived high percent of cars that have issues.

Point of all this is simply to give a sense of why one of the most beautiful cars made in modern times is worth so little, so soon. Demand (thus relative oversupply), reliability, and changing market tastes are all contributing factors.

[thebmw]

BTW OP, your car's MMR is now $30k (assuming 52k miles), not factoring in any accident adjustments. It's about $27k if you have 64K miles on it. If I was a dealer, I would probably offer at least 10% below MMR due to the accident and because they need to have a margin in case they have to send it to auction. Great for buyers, awful for sellers.

[ep3]

Curious if the bois with 6MT cars will suffer the same depreciation fate. Rare option for sure.

[thebmw]

Originally Posted by ep3

Curious if the bois with 6MT cars will suffer the same depreciation fate. Rare option for sure.

Unfortunately, manual transmission M6s are not yielding any more money. In fact, they may be actually selling for less because the demand for manuals is virtually non-existent even though we all appreciate them. Maybe 10 years from now they will be worth more than their automatic / DCT counterparts, but hardly investment worthy.

[hirkaismyname]

Originally Posted by Flying Ace

Not until 2021-2022 unfortunately. You should sell when you can.

Even if you have a '17 +CP with less than 20K and is an individual paint color -- no CCB's or NV, but has full leather.

Interested in your analysis Ace.