Quote:
Originally Posted by 530iDriver
Look if you own or desire an E46 M3, do so for all the right reasons but not believing this is some sort of high yield mutual fund investment.
Prices in these cars are fueled by speculation and pipe dream premises based on the "Good old days" or when BMW "Cared about the act of driving". Some folks want to live forever locked in the year 2004, and that is fine, but the world, the automotive industry and BMW has moved on.
Truth is that if anyone feels so strongly about NA 6 cyl engines, manual transmissions and artificially heavy hydraulic power steering, they don't need to spend $90K to get into an old school pre-2010 BMW. Nothing special about those cars made in the thousands and not with the best reliability (E46 sub frames anyone?). But circling back to my point: if an older BMW is your thing enjoy it but always for the right reasons.
|
FYI the steering on older BMWs is lighter than the new ones. The problem with modern BMW steering has nothing to do with weight, though that seems to forever be a point of confusion.
I've been driving an e46 M3 for 16 years now, including putting around 20,000 track miles on one of them. So, I like to think I'm in it "for the right reasons".
I don't expect my cars to be an appreciating asset. In fact, it's impossible for them to be, since I have zero intent of selling.
But, they are appreciating-- and they're appreciating in spite of the, as you point out, large supply. Implying that there's a large number of people that do, indeed, miss the good old days when BMW made cars that were good to drive.