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Old 04-23-2013, 07:09 PM   #61
M3 CS
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Well said Raj, well said. Both cars are great in every respect it's just a matter of which one suits your lifestyle and which can you see yourself driving the most.

For me, E39 M5 hands down!
Have you driven either?
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Old 04-23-2013, 08:43 PM   #62
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^ hehehe... I see where this is going
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Old 04-23-2013, 08:43 PM   #63
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Have you driven either?
Does Forza count?
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Old 04-23-2013, 09:44 PM   #64
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They have dropped the price of the M3 you were looking at to 38800 now so obviously not much interest at the higher price.
you'd probably push him down further with creative bargaining
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Old 04-23-2013, 09:47 PM   #65
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you'd probably push him down further with creative bargaining
I'm sure you could push him down a lot because buyers are afraid of 1 - year of the car, KMs of the car, and the fact it has a manual conversion and many buyers of unaware of what/how it was done and also the fact it means it no longer "stock". I'm sure the level of interest he would have got for that car would be very low.
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Old 04-26-2013, 01:56 AM   #66
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They have dropped the price of the M3 you were looking at to 38800 now so obviously not much interest at the higher price.
True,

will ring him and see what he says, will report back.
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Old 05-01-2013, 08:57 AM   #67
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How did you go?
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Old 05-01-2013, 04:21 PM   #68
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Dropped further to 37k
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Old 05-01-2013, 04:58 PM   #69
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Re: think if buying an e46 M3 manual

Used M market is doing badly for sellers, goodcfor buyers. Plenty of choice at the mo.

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Old 05-01-2013, 08:49 PM   #70
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Used M market is doing badly for sellers, goodcfor buyers. Plenty of choice at the mo.

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lol not really. if you want a e46 m3, you're spoilt for choice. e46 m3 manual, gets a bit harder.
also,

if a seller advertises his car for $40K and you bring him down to $33-35K it's still not a good deal, given that the redbook value is at $31K.
probably that's why sellers are having a hard time selling, given that they spent $100K 5-6 years ago and want to recoup some of the losses
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Old 05-01-2013, 09:07 PM   #71
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Well yeah, the 6MT cars are sough after by purists, the SMG is favoured by people who don't believe the manual is the be all and end all. With the car becoming more 'affordable' younger people who are less likely to want a manual have the choice of a high performance car with a performance self-shifter of which there are plenty to choose from.

Redbook is BS. I recently sold a car (01 RAV4) with Redbook at $7400-$9500 or thereabouts and struggled to get $6500.

If I was to pick up a trouble free, well spec'd M3 for $33K I would not be complaining for a second. I would cry as a seller but grin as a buyer. Ceteris paribus.
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Old 05-01-2013, 09:41 PM   #72
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Well yeah, the 6MT cars are sough after by purists, the SMG is favoured by people who don't believe the manual is the be all and end all. With the car becoming more 'affordable' younger people who are less likely to want a manual have the choice of a high performance car with a performance self-shifter of which there are plenty to choose from.

Redbook is BS. I recently sold a car (01 RAV4) with Redbook at $7400-$9500 or thereabouts and struggled to get $6500.

If I was to pick up a trouble free, well spec'd M3 for $33K I would not be complaining for a second. I would cry as a seller but grin as a buyer. Ceteris paribus.
Even at 33k, thats ~70/75% tear up is the price paid to enjoy the car 10 years before most which IMO isn't bad compared to other cars that tear up 60% in 3 years.
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Old 05-01-2013, 09:45 PM   #73
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Well yeah, the 6MT cars are sough after by purists, the SMG is favoured by people who don't believe the manual is the be all and end all. With the car becoming more 'affordable' younger people who are less likely to want a manual have the choice of a high performance car with a performance self-shifter of which there are plenty to choose from.

Redbook is BS. I recently sold a car (01 RAV4) with Redbook at $7400-$9500 or thereabouts and struggled to get $6500.

If I was to pick up a trouble free, well spec'd M3 for $33K I would not be complaining for a second. I would cry as a seller but grin as a buyer. Ceteris paribus.
I don't know about young drivers not wanting manual. Certainly not the type of demographic that an E46 M3 attract.

Whilst I think the E46 M3 would be nice with 100hp more I think it's probably a good thing that it doesn't have more power (hear me out). Drivers who just want to go fast in a straight line or have big power numbers will continue to buy HSV's, FPV's etc.

Only those that really appreciate driving, handling, raw feel etc. will be attracted to the M3 which I think will result in more being looked after and them holding their value better.

At least that's how I hope it will play out.
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Old 05-01-2013, 10:08 PM   #74
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^ valid points... let me just clarify that I was suggesting that younger drivers are more likely to have been around automatics and owned / driven automatics, and therefore their preference for a manual would not be as strong to say someone as old as chriskuta or even me

The HSV / FPV drivers are mostly still driving autos.

You can't put a price on the enjoyment and satisfaction you get from owning whatever vehicle does it for you. There is also fun in driving something before everyone else plus the exclusivity of the brand / model / performance.

I do hope the prices stabilise at some point, even for the non-Ms.
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Old 05-01-2013, 10:09 PM   #75
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Re: think if buying an e46 M3 manual

I was in smg the other day, it doesn't even compare to 6MT

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Old 05-01-2013, 11:20 PM   #76
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I was in smg the other day, it doesn't even compare to 6MT

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Each to their own.

I love my SMG E46 M3s.
My E36 M3 was SMG then converted to manual.

Really depends what you like.
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Old 05-01-2013, 11:25 PM   #77
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Re: think if buying an e46 M3 manual

That's also very true some people love the smg

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Old 05-01-2013, 11:30 PM   #78
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That's also very true some people love the smg

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Don't get me wrong, love the manual E46 M3s and quite frankly love manual cars.

When I was originally buying an E46 M3, I only wanted manual, because I hated the SMG from E36. Then after time, I got the SMG sorted.

Now when buying an E46 M3, I would buy based on condition, kms and history, not preference by gearbox.

At times I honestly think the SMG is better than the DCT in cars like the E9X 335s or M3s and R35 GTR too (from experience)
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Old 05-02-2013, 06:17 PM   #79
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New member here, I am also in the market for an e46 m3 but I am intending to get an SMG.
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Old 05-02-2013, 06:43 PM   #80
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New member here, I am also in the market for an e46 m3 but I am intending to get an SMG.
SMGs are like fish in a barrel... (almost)
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