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E46 M3 (2001-2006) Engine: S54 - Max Hp: 333 hp at 7,900 rpm / 262 lb/ft at 4,900 rpm
Total Produced: 45,000+ - Years Produced: 2001 to 2006.


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Old Wed, Oct-11-2017, 09:27:06 PM   #1
SinaE46
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Default Debate: List m3 for sale now or wait idle until springtime?

Hi all

If you had a convertible to sell, would you list it now (faster option) or wait until next spring? I am located in Washington DC so the coming winter months will not be helpful.

We have a niche market for these cars, I think the right buyer will be interested no matter time of the year. Not sure how much the market/price for convertibles slump during the winter though. Anyone have experience with this?

What do you guys think?

Last edited by SinaE46; Wed, Oct-11-2017 at 09:38:49 PM.
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Old Wed, Oct-11-2017, 09:32:01 PM   #2
2006E46M3fan
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Default Re: Debate: List m3 for sale now or wait idle until springtime?

All depends on location.
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Old Wed, Oct-11-2017, 09:32:34 PM   #3
rhythim
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Default Re: Debate: List m3 for sale now or wait idle until springtime?

Bought mine during Thanksgiving last year. I feel like I got my money's worth, but it definitely didn't come with a cold weather discount.

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Old Wed, Oct-11-2017, 09:33:51 PM   #4
SinaE46
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Default Re: Debate: List m3 for sale now or wait idle until springtime?

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Originally Posted by 2006E46M3fan View Post
All depends on location.
Very true. It gets a bit nasty here in DC during the colder months.
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Old Wed, Oct-11-2017, 09:35:19 PM   #5
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Default Re: Debate: List m3 for sale now or wait idle until springtime?

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Originally Posted by rhythim View Post
Bought mine during Thanksgiving last year. I feel like I got my money's worth, but it definitely didn't come with a cold weather discount.

Sent from my SM-G928V using Tapatalk

This supports my idea, the right buyer is interested no matter time of the year.
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Old Wed, Oct-11-2017, 09:39:31 PM   #6
L0ADED
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Default Re: Debate: List m3 for sale now or wait idle until springtime?

Doesn't matter, just make a proper listing with good photos.
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Old Wed, Oct-11-2017, 09:48:59 PM   #7
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Default Re: Debate: List m3 for sale now or wait idle until springtime?

I agree you could get someone who is looking for a specific car and the season wouldn't madder. However, I think its safe to assume the same convertible would go for more in the summer. I made my own spread sheet of a bunch of stuff that affected values off the market tracker thread, but lost it. I would say 10% difference in price at the highest from what I've seen on craigslist. Also, its hard to find comparable cars, so take that number with a grain of salt. This is also in the Northeast, as opposed to Southern California. In the end, value is really dictated by the condition and specs of the car.

I would say if you are not in need of the cash immediately and have the space to store the car, hold on to it. Although, if you hold on to it you run the risk of not wanting to sell it lol.
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Old Thu, Oct-12-2017, 02:06:51 AM   #8
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Default Re: Debate: List m3 for sale now or wait idle until springtime?

Other than west coast and Arizona, back when I was watching prices like a fiend, I had data that showed that even for coupes, prices went up a bit in about
Feb/March from the normal depreciation and lows in Nov/Dec/Jan. Now this was back in 2009. But if you really think about these cars, they are specialty/limited market cars year round, unlike a ford focus for example.
I have to believe that a vert will be REALLY hard to sell in cold weather, you'll wait longer and deal with folks shopping for low prices; better wait until spring when the juices start flowing again IMO.

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Old Thu, Oct-12-2017, 02:11:34 AM   #9
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Default Re: Debate: List m3 for sale now or wait idle until springtime?

Quote:
Originally Posted by RedM3/4 View Post
Othyer than west coast and Arizona, back when I was watching prices like a fiend, I had data that showed that even for coupes, prices went up a bit in about
Feb/March from the normal depreciation and lows in Nov/Dec/Jan. Now this was back in 2009. But if you really think about these cars, they are specialty/limited market cars year round, unlike a ford focus for example.
I have to believe that a vert will be REALLY hard to sell in cold weather, you'll wait longer and deal with folks shopping for low prices; better wait until spring when the juices start flowing again IMO.

ADS
Thanks for the input. Awesome .
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Old Thu, Oct-12-2017, 02:13:13 AM   #10
SinaE46
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Default Re: Debate: List m3 for sale now or wait idle until springtime?

Quote:
Originally Posted by mleveroni View Post
I agree you could get someone who is looking for a specific car and the season wouldn't madder. However, I think its safe to assume the same convertible would go for more in the summer. I made my own spread sheet of a bunch of stuff that affected values off the market tracker thread, but lost it. I would say 10% difference in price at the highest from what I've seen on craigslist. Also, its hard to find comparable cars, so take that number with a grain of salt. This is also in the Northeast, as opposed to Southern California. In the end, value is really dictated by the condition and specs of the car.

I would say if you are not in need of the cash immediately and have the space to store the car, hold on to it. Although, if you hold on to it you run the risk of not wanting to sell it lol.
Thanks dude! A lot of awesome input from members. Thank you.
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Discussing Debate: List m3 for sale now or wait idle until springtime? in the E46 M3 (2001-2006) Forum - Engine: S54 - Max Hp: 333 hp at 7,900 rpm / 262 lb/ft at 4,900 rpm
Total Produced: 45,000+ - Years Produced: 2001 to 2006. at BMW M3 Forum.com (E30 M3 | E36 M3 | E46 M3 | E92 M3 | F80/X)