Ive got a feeling prices are going to rise stupidly north

[billyboysm3]

Suns out, not many CSL's for sale. Nothing else in the price range, real classic car.

I doubt mileage will play a massive part in years to come.

Ive thought about selling for a long time but even if someone offered me £50k I think Id reject it.

Off for a blast in the courtesy car :birdman:

[stradman]

http://www.thisismoney.co.uk/money/cars/article-2974232/A-classic-car-investment-racier-Isa-warned-prices-zoom-downhill-zip-uphill.html

As you will see in the article. the authors personal pick for future classic and prices rising is: Ta da!.... E46 CSL!

[LeinsCSL]

I kind of think people don't realise how rare these cars actually are, as they were sort of born into the age of car forums and websites. You'd almost get the impression from all the articles and CSL talk that BMW had made tens of thousands of them, and yet so many people have actually never seen one in the flesh

Now that they're fast drying up in the market, and most of us have no great intention of selling, I really do get the impression that demand is starting to build. There's almost an air of "if I don't get one now, I won't be able to afford one next year"

Of course, if the bubble bursts I'll be off to buy a 964 RS and it'll be "seeya later suckers!" :hahaha:

[Neil M]

As you will see in the article. the authors personal pick for future classic and prices rising is: Ta da!.... E46 CSL!

"My personal pick for a future classic car is a BMW E46 M3 CSL. They cost nearly £60,000 new in 2003. A 35,000-miler is currently about £44,000 or a 16,000-mile car is £60,000."

On the road, a fully specked CSL cost £60,824 in 1993.

However, 'M3 CSL' had an asking price of £79,000, the Supercar Showrooms car at £69,995 and NJ had one up at £65,000, admittedly all were low mileage examples, but as the ceiling threshold (what they cost new) has already been breached, ours are bound to follow.

Not quite free motoring, but it will be interesting to see what prices will be in another 10 years.:thumbs:

[Pooky]

I have same impression.

It's up to the current sellers to up the price.

[still no worries]

for sale £100,000 no offers, there you go (20,000 miles)

[Rick H]

Shredding . . . not selling . . . :supz:

Enjoy yourself . . . it's later than you think.

[JBird]

I'm honestly thinking of getting a second one.

[alexk]

It is interesting the attention the CSL draws today.

I was surprised to see how many people came to see and take pics of my CSL in Monza a few weeks back.
It has never drawn so much attention in the past.

[MisterCorn]

If we all advertise our cars for £15k more than the current market price that would surely make others push their prices up. It could never work for a model where there are loads for sale, but 10-20 higher priced cars right now would surely have an impact.

MC

[E46CSL]

If we all advertise our cars for £15k more than the current market price that would surely make others push their prices up. It could never work for a model where there are loads for sale, but 10-20 higher priced cars right now would surely have an impact.

MC

Conspiracy ;)

The buoyant market will flush out more cars for sale.

[0836whimper]

I kind of think people don't realise how rare these cars actually are, as they were sort of born into the age of car forums and websites. You'd almost get the impression from all the articles and CSL talk that BMW had made tens of thousands of them, and yet so many people have actually never seen one in the flesh


I'd never seen another one one the road before, and then I bump into you at a service station :thumbs:

http://i258.photobucket.com/albums/hh252/0836whimper/CF6DA85E-208B-431F-ACBF-994EFC1AEE93-43177-000030EC7B448ADC_zps1d832dbd.jpg

[LeinsCSL]

I'd never seen another one one the road before, and then I bump into you at a service station :thumbs:

http://i258.photobucket.com/albums/hh252/0836whimper/CF6DA85E-208B-431F-ACBF-994EFC1AEE93-43177-000030EC7B448ADC_zps1d832dbd.jpg

:thumbs: I don't even remember where in Germany that was!

[monkeycsl]

2007 I bought mine I sometimes think of selling as having a young one means I does not get out much.
I then go for a drive and fall in love again.:smt055

[Marv968]

I kind of think people don't realise how rare these cars actually are, as they were sort of born into the age of car forums and websites. You'd almost get the impression from all the articles and CSL talk that BMW had made tens of thousands of them, and yet so many people have actually never seen one in the flesh

Now that they're fast drying up in the market, and most of us have no great intention of selling, I really do get the impression that demand is starting to build. There's almost an air of "if I don't get one now, I won't be able to afford one next year"

When I was in Norway last year in my 968CS, I happened to stumble upon a BMW car meet which had endless BMW M cars in the meet. Didn't spot one E46 CSL!

Then I looked up how many were sold in Norway - 3!

Of course, in mainland Europe, they're even rarer than they are here in the UK. According to howmanyleft, the UK has lost about ~40%, perhaps they've probably lost about the same percentage in LHD land, which might explain the reaction Alex's car had in Italy.

[Chappers]

Conspiracy ;)

The buoyant market will flush out more cars for sale.

This sounds like the perfect way to create a very fragile market bubble

[shimmy]

The way to do it is we take it in turns to put our cars for sale for £15k above current prices then as soon as someone rings we say first inquirer bought it for another £5k above asking so it's sold.

If we all take it in turns to do this monthly over the next 24 months, you watch the big money roll in

[Chappers]

This time next year Shimmers...

http://blog.referralinstitutenn.co.uk/files/112/images/LEADER_1953.jpg

[Trawler]

The way to do it is we take it in turns to put our cars for sale for £15k above current prices then as soon as someone rings we say first inquirer bought it for another £5k above asking so it's sold.

If we all take it in turns to do this monthly over the next 24 months, you watch the big money roll in

Love it when a plan comes together. :thumbs:

[Bounce]

Right mines up for sale 50k on 83k miles and I won't take a penny less :smokin:

[cslsuperfan]

Right mines up for sale 50k on 83k miles and I won't take a penny less :smokin:


Bollox to it

Mine's also for sale

Tricked up to fook, 60K spent , 63K miles

£59,999

Free Track day thrown in :gayfight:

[Nikey30]

:thumbs: I don't even remember where in Germany that was!

Some greasy spoon stop for petrol and we found Jeff and the gang! The memory of 3 Csl's hammering into Munich at 160mph + will live with me forever :thumbs:

[shimmy]

Right mines up for sale 50k on 83k miles and I won't take a penny less :smokin:

I'll give you £55k and not a penny more.......see

[Yanto]

Premature ejaculation.

Sit and wait for US import mkt.

[Bounce]

I'll give you £55k and not a penny more.......seeSorry to late mate,bin offered 60k :beer::thumbs:

[cslsuperfan]

I'll give you £55k and not a penny more.......see


Einstein
Newton
Turing
Shimmy

;)

[mattCSLnut]

Right mines up for sale 50k on 83k miles and I won't take a penny less :smokin:

:hahaha: OK then... in the spirit of this thread :thumbs: I'm offering mine immaculate SG 90k miler with full BMW main dealer service history for a bargain price of £49,999 ... no near offers :smokin:

[pops]

I've made £20k and not even collected the car yet.

I like it here.

[Diamondgeezer]

I've been reliably informed that prices are about to tumble
Anyone thinking of selling should do so NOW without hesitation
Please PM with you cars details :thumbs::thumbs:

[LeinsCSL]

Some greasy spoon stop for petrol and we found Jeff and the gang! The memory of 3 Csl's hammering into Munich at 160mph + will live with me forever :thumbs:

+ that 1M :smokin::thumbs:

[glendog74]

I've been reliably informed that prices are about to tumble
Anyone thinking of selling should do so NOW without hesitation
Please PM with you cars details :thumbs::thumbs:

Lol :blalalala:

[GregorJP]

This is precisely the kind of thread topic that I was expecting to see when I sold my CSL a few months ago. Gah. At least the GTR is holding its value steady.

What I would say, a few months on and being without the CSL but with the GTR, is that the CSL is definitely a summer car. It was about this time last year that I relished getting mine out of storage and really ponceing about in it. :gayfight:

[MisterCorn]

This is precisely the kind of thread topic that I was expecting to see when I sold my CSL a few months ago. Gah. At least the GTR is holding its value steady.

What I would say, a few months on and being without the CSL but with the GTR, is that the CSL is definitely a summer car. It was about this time last year that I relished getting mine out of storage and really ponceing about in it. :gayfight:

That is exactly what I intent to do....

MC

[E46CSL]

What I would say, a few months on and being without the CSL but with the GTR, is that the CSL is definitely a summer car. It was about this time last year that I relished getting mine out of storage and really ponceing about in it. :gayfight:

The CSL is awesome.

However it is better as 2nd or 3rd car, a bit akin to the 996GT3 (not the 6RS) in value/attractiveness/useability.

If you have to pay to store it and pay for a warranty, need to provide at least £2k to £3k per annum in standing costs and relate that cash cost versus annual mileage/appreciation.

[Trawler]

I've made £20k and not even collected the car yet.

I like it here.

If you had bought the faster colour it would have been £25k. :hahaha:

[mistergav]

If you had bought the faster colour it would have been £25k. :hahaha:

:thumbs:

[danp]

Premature ejaculation.

Sit and wait for US import mkt.

When is that?

Perhaps BMW's 100th celebrations next year will give it some publicity and a boost.

[GregorFuk]

Cars over 25 years old. So a while yet.

[E46CSL]

Cars over 25 years old. So a while yet.

The more people are concerned about values going up, the less they enjoy their cars.


If you want a car that will yield monetary benefit, a Porsche/Ferrari is a better bet. BMW's are for driving today.

[pops]

If you had bought the faster colour it would have been £25k. :hahaha:

I'm old.

I don't like going fast.

:whistle:

[Trawler]

I'm old.

I don't like going fast.

:whistle:

You will from Wednesday. :finga:

[nw99]

Would have to agree they are going North but I am biased !

[Das Chin]

I find it very odd that the CSL has not risen like the GT3RS or even the GT3.

back in the day when they came out (say 2003 to 2005) the CSL was always compared to the 6.3 and the RS. when out at the ring the CSL was always nearly as quick as the GT3s.

some say it has sth to do with race pedigree and all that with the RS and GT3 due to le mans, Carrera cups etc and the CSL had no real homologated series. but I find that is a little bit odd as its not like we are all buying Cup cars.

rarity wise the CSL is up there with the GT3.....250 odd RHD GT3 mk2s for example compared to 422 CSLs.

given time they will climb as people will realise how truly epic they are.

having owned 2 of them I can wholly vouch for that and one of the best balanced cars out there with a truly epic racing sound when you open the taps.

look at the value of the Sport Evo e30 M3s...£100k plus.

http://www.pistonheads.com/classifieds/used-cars/bmw/e30-m3-86-92/bmw-e30-m3-sport-evolution/3639239

£95k for an 80k mile car:
http://www.pistonheads.com/classifieds/used-cars/bmw/e30-m3-86-92/e30-m3-sport-evolution/2999295

CSL will get there in time.

[Trawler]

I think people ignore the csl as they see it as just another M series without the toys and not worth bothering with. When the gt3/rs are mentioned a dedicated top notch drivers car comes immediately to mind. Porker leave the toys on the base model, S & GTS models.

BMW should leave the toys to the 435. As it is now M stands for the most powerful MARKETING. :bigcry:

[monkeycsl]

I think prices will rise £5k a year so in ten years prices will be around 80k or so at worst,I'm certain of this :whistle:

[shimmy]

See!

[LeinsCSL]

Where's that road Shim, looks good fun?

[digi]

I think people ignore the csl as they see it as just another M series without the toys and not worth bothering with. When the gt3/rs are mentioned a dedicated top notch drivers car comes immediately to mind. Porker leave the toys on the base model, S & GTS models.

BMW should leave the toys to the 435. As it is now M stands for the most powerful MARKETING. :bigcry:

I would disagree - no pun intended, but the Porkie owners are probably higher up in the net worth ladder, thus they have alot more staying power when it comes to selling. I find that CSL owners (not all, just some on the margin) are having financial trouble in keeping her, thus reselling at less than desirable prices so to remove themselves from the debt burden. Just my observation from the UK market. Remember prices are determined at the margin and anyone who's selling at fire sale prices sets the market expectation.

[digi]

You could make the price 100K tomorrow as long as the current owners have the ability to not sell. That being said, you have to put it into perspective against things like the GT3/RS etc. But yes, 80-90K I think is fair for such a well engineered machined. The E92 M3 GTS was not a thorough engineering project in my eyes.

[toenheel]

Only one way to go and that's up.. I've had some fantastic cars but none have had me so smitten so quickly. Keeper for sure.

[billyboysm3]

You could make the price 100K tomorrow as long as the current owners have the ability to not sell. That being said, you have to put it into perspective against things like the GT3/RS etc. But yes, 80-90K I think is fair for such a well engineered machined. The E92 M3 GTS was not a thorough engineering project in my eyes.

And only beats CSL time by 2 seconds

[nw99]

And only beats CSL time by 2 seconds

I think they go sideways edge up sideways again then up that's the pattern of the last few years .
I agree I can see it becoming a £100k car in the future .

[E46CSL]

I think they go sideways edge up sideways again then up that's the pattern of the last few years .
I agree I can see it becoming a £100k car in the future .


The race winning E30 M3 Sport Evo took 25 years :whistle:

& the other race winning E9 CSL too took over 40 years.

Enjoy it today, the value of the memory is priceless.

[shawn 968cs]

"some say it has sth to do with race pedigree and all that with the RS and GT3 due to le mans, Carrera cups etc and the CSL had no real homologated series. but I find that is a little bit odd as its not like we are all buying Cup cars".

I think the race pedigree has something to do with it, certainly applied back in 2007 when I bought my 968CS, I was also considering a E30 sport evolution and a Sierra RS500 at the time all similary priced withing a few £k. Went for 968CS as it was best handling. Now 968CS worth mid twenties abnd the other two are well north of £50k. Investment wise i wish i had gone for the E30 :bigcry:
Shawn

[M&N]

And only beats CSL time by 2 seconds

2 seconds IS 2 seconds :whistle:

[billyboysm3]

Do I get to add another £10k on my sale price as last engine ever made?

[Rick H]

And only beats CSL time by 2 seconds

It beat a CSL with standard brakes by 2 secs? Would it beat a CSL with APs/ Alcons at all?

I assume the GTS had Cups by the way?

[M&N]

It beat a CSL with standard brakes by 2 secs? Would it beat a CSL with APs/ Alcons at all?

I assume the GTS had Cups by the way?

Pirelli Corsa's

[Rick H]

Pirelli Corsa's

Yip, so would they offset the brake benefit do you think?

[M&N]

Yip, so would they offset the brake benefit do you think?
I think this all depends on the drivers commitment. Both great cars & as E46CSL said - Enjoy it today, the value of the memory is priceless.

[digi]

And only beats CSL time by 2 seconds

And its got heaps more power too. :hahaha:

[Rick H]

I think this all depends on the drivers commitment. Both great cars.

Saurma did both times. The GTS perhaps lost out on the choice of tyre, whereas the CSL lost out due to brakes.

The two times cannot really be compared then can they unless we know hiw much time was lost to each handicap?

[digi]

Honestly, the CSL for me is not about its N-lap times, albeit it was some achievement back then.

For laptimes nothing beats a Datsun or the new Porkie turbos etc. Hell even these fast hatch backs etc can do sub-8mins nowadays.

Its the purity of the driving and like Monkeys review of the M3 GTS/C63 BS/Porkie 4.0, its the seriousness of the engineering exercise. In context, back in the days, the CSL and the use of materials for the price point was WOW! Just like the 996 GT3 RS with ceramics etc.

The cars nowadays are so capable that even a sub 30K super mini can give us a run for our money, but that is not the point in collecting a fine vehicle like the CSL. Its like a piece of art in engineering terms vs the speed demons parts bin catalogue (nothing wrong with after market parts by the way).

For outright bragging for N-laptime, get a NISMO-Datsun, for super pose get a Lambo/F-car, for the silly rich you get hypercars, for premium racing you go either with Weissach, Garching, Affalterbach. For me cesil is a master piece at its price point!

[LeinsCSL]

^^^ Was just about to say the same! ;)

Fine words though, I wholeheartedly agree, nothing else at the current price-point comes close

[digi]

^^^ Was just about to say the same! ;)

Fine words though, I wholeheartedly agree, nothing else at the current price-point comes close

:gayfight:

[Trawler]

Do I get to add another £10k on my sale price as last engine ever made?

No down by 30k in the future as no matching numbers.

[Trawler]

Honestly, the CSL for me is not about its N-lap times, albeit it was some achievement back then.

For laptimes nothing beats a Datsun or the new Porkie turbos etc. Hell even these fast hatch backs etc can do sub-8mins nowadays.

Its the purity of the driving and like Monkeys review of the M3 GTS/C63 BS/Porkie 4.0, its the seriousness of the engineering exercise. In context, back in the days, the CSL and the use of materials for the price point was WOW! Just like the 996 GT3 RS with ceramics etc.

The cars nowadays are so capable that even a sub 30K super mini can give us a run for our money, but that is not the point in collecting a fine vehicle like the CSL. Its like a piece of art in engineering terms vs the speed demons parts bin catalogue (nothing wrong with after market parts by the way).

For outright bragging for N-laptime, get a NISMO-Datsun, for super pose get a Lambo/F-car, for the silly rich you get hypercars, for premium racing you go either with Weissach, Garching, Affalterbach. For me cesil is a master piece at its price point!

Well said that man. :thumbs:

[Trawler]

I would disagree - no pun intended, but the Porkie owners are probably higher up in the net worth ladder, thus they have alot more staying power when it comes to selling. I find that CSL owners (not all, just some on the margin) are having financial trouble in keeping her, thus reselling at less than desirable prices so to remove themselves from the debt burden. Just my observation from the UK market. Remember prices are determined at the margin and anyone who's selling at fire sale prices sets the market expectation.

Yes, the M3 does attract the boy racers in the uk who not necessarily can afford to maintain them & then need to offload them.

[MisterCorn]

When the price of a CSL could get you a 911 turbo, I hardly think the people buying them are likely to be doing so on a shoestring. I suspect most are bought as a 2nd / 3rd car.

MC

[Trawler]

I would disagree - no pun intended, but the Porkie owners are probably higher up in the net worth ladder.

difference in new price 2003 between a csl & gt3 was approx €16.5k, which, is a lot more than it sounds now. Somebody will be along to tell us what that is in today's money.

[Trawler]

When the price of a CSL could get you a 911 turbo, I hardly think the people buying them are likely to be doing so on a shoestring. I suspect most are bought as a 2nd / 3rd car.

MC

What I meant to say

Yes, the M3 does attract the boy racers in the uk who not necessarily can afford to maintain them & then need to offload them. Next step up the ladder possibly a csl. It's just that I know a lot of people who buy E45 M3s & then struggle to pay for basic maintenance, but they can say I own a M3

[mattCSLnut]

The race winning E30 M3 Sport Evo took 25 years :whistle:

& the other race winning E9 CSL too took over 40 years.

Enjoy it today, the value of the memory is priceless.


:thumbs: Too true :smokin:

[digi]

difference in new price 2003 between a csl & gt3 was approx €16.5k, which, is a lot more than it sounds now. Somebody will be along to tell us what that is in today's money.

yes, they increased the money supply somewhere in the region of 4x since that time so......:hahaha:

[digi]

What I meant to say

Yes, the M3 does attract the boy racers in the uk who not necessarily can afford to maintain them & then need to offload them. Next step up the ladder possibly a csl. It's just that I know a lot of people who buy E45 M3s & then struggle to pay for basic maintenance, but they can say I own a M3

totally agree and maintenance is already cheaper than the porkie when you have a major service. Thats probably why they tend to avoid the Porkies. Even myself I find that when I factor in service costs etc. (yes, I'm a cheap bastard and penny pincher too) I'm not totally hot for the porkies, although I always buy my cars outright and have no issues in maintaining anything this side of a lambo. Things like Pagani are out of my league and comfort zone though. :hahaha:

When majority are in strong hands, the price will certainly reflect this BMW master-piece. Its a truly modern day E30 M3. Still pretty dame rapid! :beer:

[patphnx]

More discussion on this topic here:

http://www.pistonheads.com/gassing/topic.asp?h=0&f=23&t=1504088&mid=416330&nmt=Prices+going+up%3F++E46+CSL+as+recommend+in+th e+Daily+Mail

[LeinsCSL]

^^^ Trying to discuss anything about the CSL on there would give you brain-ache

[patphnx]

^^^ Trying to discuss anything about the CSL on there would give you brain-ache

Ha ha...true! Just thought it was interesting that after a long winter with very little chat about prospective values, there are suddenly multiple threads/articles in various places...the moment the sun comes out! :whistle:

[Gurbinder]

Mine is for sale too, 1 keeper from new 14k FBMWSH £150k:whistle:

[E46CSL]

Mine is for sale too, 1 keeper from new 14k FBMWSH £150k:whistle:


I can get you one with less miles for half the price :whistle:

[mattCSLnut]

Mine is for sale too, 1 keeper from new 14k FBMWSH £150k:whistle:

Still too cheap ;) :hahaha: