how much do you think used 2004/2003 M3's will drop, now that the new 2008 model is out?

Asked by jamshid Dec 04, 2007 at 01:38 AM about the 2008 BMW M3 Coupe RWD

Question type: Shopping & Pricing

Just curious what you think this new 2008 model will do to 2003/2004 used M3 prices. Will lots of people be selling their 4-5 year old M3's to buy the new model?

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littlehorn answered 16 years ago

Typically in these situations, prices on a vehicle that old will not drop, you will just have a better selection to choose from. The new '08 models will affect the '07 model prices for those cars still on dealership lots, but it's likely folks who kept their M3's off-lease or from outright purchase for 4-5 years will not be overly pushed to sell them to get a newer model.

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