Modifying Your BMW M3 Might Not Increase Its Value the Way You Hope
Modifying Your BMW M3 Might Not Increase Its Value the Way You Hope

Modifying Your BMW M3 Might Not Increase Its Value the Way You Hope

November 3, 2022
0 Comments

The used car market is a bit out of control at the moment, with sports cars like BMW M3s selling for absurd prices. However, if you think your hooked up BMW M3 is more valuable than a standard car, and that now might be the time to sell, you might want to reconsider.In this new video from Hagerty, we get to see what an E90 BMW M3 sedan, with loads of mods, is worth.

The owner of the car uses it as a daily driver but also takes it to the track a bit. So it has quite an extensive mod list with some very high quality parts. For instance, its Volk lightweight wheels probably cost close to ten thousand dollars, its KW V3 Clubsport coilovers are another few thousand dollars, its Recaro seats are another few thousand dollars, and it has an expensive exhaust, among other things. All in, there’s probably around $35,000 worth of upgrades on a car that only cost around $30,000 to buy used.

You might think, with all of those expensive, high quality mods, that the M3 would be worth quite a bit more than the standard car. However, that isn’t always the case.

If the owner can find a buyer that really wants the car setup the way it is, and is willing to pay a premium for the parts that it has, then it might sell for around $40,000-$50,000. Not the full $65,000 that it probably cost to put together, including the car. However, there aren’t going to be a lot of buyers looking for a car that’s modified exactly like this one. Even buyers looking to mod their cars will want something close to stock, so they can mod it themselves, rather than buying someone else’s project. So because the market for a car exactly like this one is quite small, its value actually isn’t actually much higher than the standard car.

So let that be a lesson to anyone who’s looking to mod their car. If you’re going for extreme mods, either expect to lose money on them when it comes time to sell, or be prepared to return the car back to stock prior to selling. Doing the latter is probably the best bet, as you can sell the car for…

Source

Add a comment

Your email address will not be published. Required fields are marked *

2023 BMW 5 Series Buying Guide

2023 BMW 5 Series Buying Guide

Car Retail Value SA
January 24, 2023
2023 BMW 5 Series OverviewThe G30 5 Series is now in its final year, following a refresh for the 2021 model year. This seventh-generation 2023 BMW 5 Series fills mostly the same niche as it always has: it provides dynamic driving with understated looks and a plush interior. With four engine choices, a mostly-modern suite…
BMW M Hybrid V8 To Start From Fourth Row At 24 Hours Of Daytona

BMW M Hybrid V8 To Start From Fourth Row At 24 Hours Of Daytona

Car Retail Value SA
January 23, 2023
As they say in Formula 1, it’s race week. We will have to wait a bit more for F1’s return, and in the meantime, the 2023 IMSA WeatherTech SportsCar Championship is just about to start. BMW is fielding a pair of M Hybrid V8 prototypes at the grueling Rolex 24 at Daytona in the United…
BMW Argues E Ink Technology Makes Sense For Ambulances

BMW Argues E Ink Technology Makes Sense For Ambulances

Car Retail Value SA
January 23, 2023
BMW originally introduced E Ink technology at the 2022 Consumer Electronics Show where the iX Flow electric SUV was able to change its exterior finish from black to white and everything in between. For this year’s CES in Las Vegas, the i Vision Dee concept took the tech to the next level by featuring up…
BMW Shows The Rare M1-Powered 745i E23 Super Sedan

BMW Shows The Rare M1-Powered 745i E23 Super Sedan

Car Retail Value SA
January 23, 2023
At the beginning of the year, BMW Classic took us on a tour of a pristine 745i from the E23 era. The car in question was built for Europe with a turbocharged engine, but over in South Africa, the namesake fullsize luxury sedan had a different engine that did away with forced induction. In a…
Car Retail Value South Africa is your one-stop shop for all car brands' features and price information. Our goal is to provide our users with as much information as possible about buying a car or selling a car.
Copyright © 2022. Car Retail Value SA. All rights reserved.