Let’s review a recent 1997 BMW E36 M3 Sedan auction from Bring a Trailer and compare it to the current M3 in the ChrisWorldTV stable. Where are valuations headed in the E36 M3 world? Is this recent auction result a sign of things to come or simply an aberration in the marketplace?
We’ll talk about the details and make as many quantitative and qualitative comparisons as we can given the in-exact science of the automotive used car market.
Buy low, sell high! A smart shopper keeps their eyes and ears peeled to the various markets that interest them most, and gets into the market at the bottom end when vehicles have fully depreciated. Don’t buy once prices are rising or rising too fast. And know what to look for when shopping for a strong long-term asset that will never be worth less than what you paid.