EVO's 992 Assessment
#181
What I find funny is your attempt to question what my opinion was regarding something from two decades ago....
Or perhaps then your memory isn't what it used to be.....
I was deeply involved with BMW when the e46 M3 debuted and can assure you that it was at minute one considered the best M3 ever and that extremely popular opinion hasn't changed since. Reference any major car magazine from that time or the last 18 years of articles/videos for confirmation that you are way off base with a comment like that.
I'll even give you a head start:
https://www.motortrend.com/cars/bmw/...2001-bmw-m3-2/
"Brag all you want about the last BMW M3. Hey, we sure did. Profess about its being the king of compact sport coupes/sedans. But the fact is that the previous E36-platform M3 gets flat-out trounced in just about every way by the new E46-based design. How? Thanks to a thrilling new 3.2L DOHC inline-six that delivers a sky-high 8000-rpm redline, 333 serious horsepower, and a torque curve flatter than Kansas. Don't forget its wider-track, larger-rubber, race-inspired brakes and redesigned suspension. Factor in a more aggressive look and upgraded interior appointments, and you begin to get an inkling of what the '01 M3 is all about."
https://www.bmwsportscar.com/bmw-m3-e46/
"But what if we told you the BMW M3 to buy is really the BMW E46 M3? Sold in the USA from 2001-2006, it is considered by us as the best BMW M3 ever made. While the 1st generation – the E30 – has a place in history, the BMW E46 M3 was able to take what was done before and take it to the greater heights."
Or perhaps then your memory isn't what it used to be.....
I was deeply involved with BMW when the e46 M3 debuted and can assure you that it was at minute one considered the best M3 ever and that extremely popular opinion hasn't changed since. Reference any major car magazine from that time or the last 18 years of articles/videos for confirmation that you are way off base with a comment like that.
I'll even give you a head start:
https://www.motortrend.com/cars/bmw/...2001-bmw-m3-2/
"Brag all you want about the last BMW M3. Hey, we sure did. Profess about its being the king of compact sport coupes/sedans. But the fact is that the previous E36-platform M3 gets flat-out trounced in just about every way by the new E46-based design. How? Thanks to a thrilling new 3.2L DOHC inline-six that delivers a sky-high 8000-rpm redline, 333 serious horsepower, and a torque curve flatter than Kansas. Don't forget its wider-track, larger-rubber, race-inspired brakes and redesigned suspension. Factor in a more aggressive look and upgraded interior appointments, and you begin to get an inkling of what the '01 M3 is all about."
https://www.bmwsportscar.com/bmw-m3-e46/
"But what if we told you the BMW M3 to buy is really the BMW E46 M3? Sold in the USA from 2001-2006, it is considered by us as the best BMW M3 ever made. While the 1st generation – the E30 – has a place in history, the BMW E46 M3 was able to take what was done before and take it to the greater heights."
I owned the e36, e46, as well as the b6 Audi s4 so I can tell you that the e46 was heavy and had more body roll than the e36 which was one of my favorite cars of all time.
edit: Here is the 2003 article:
https://www.caranddriver.com/reviews...parison-tests/
"How could a legend finish second here, back from first place by a wide six-point gap? The short answer is, competition keeps everybody honest, even legends. Audi came up with a better answer."
"Out on the twisty roads, the S4 quickly became the favorite. "
" Of this trio, the S4 is in a class by itself, scoring the full 10 points in our handling rating, two above the M3 and three above the C32. It also earned a 10 in fun to drive, decisively above the others."
"Magazines always say car x is universally loved but not best anymore" is a ploy to sell more magazines, which in our current world is more clicks.
Last edited by dkhm3; 08-21-2019 at 07:23 PM.
#182
That is exactly what manufacturers do. It goes both ways...last weekend I returned a Range Rover lease for a new one. 33 month residual on the 2017 was 65%...reality is it was worth ~50%. Residual on the otherwise identical 2020 lease is also 65%. If LR/Chase set residuals to match actual depreciation, they could not offer competitive leases...so they manipulate them.
Porsche Financial Services set the 36 month residual for the 2018 GT3 at 56% for 5k miles/year...so 44% depreciation, significantly more than what you quoted for the 992. Given the GT3's history of excellent value retention, what is that other than a "made up completely BS residual"?
Porsche Financial Services set the 36 month residual for the 2018 GT3 at 56% for 5k miles/year...so 44% depreciation, significantly more than what you quoted for the 992. Given the GT3's history of excellent value retention, what is that other than a "made up completely BS residual"?
The base Carrera models are a different story. Why would 992s be different than any regular Carrera over the last 15 years? They were spot on with the 991.1 and your own example of the 991.2 demonstrates they were basically spot on their too. Your Autotrader no-story 2017 C2S is going for 91k asking at a dealer with only 8000 miles. What do you think the owner of that car would have got if it had 30?
You keep insisting I'm wrong. How much less than 41% do you think the 992 owner with 30k miles is going to lose when they go to trade 3 years from now? I'm not claiming that heavy Carrera depreciation is a 992 exclusive symptom but with all the mention it gets around here whenever the word McLaren is uttered it's worth pointing out.
#183
Car and driver rated the Audi s4 the winner beating the e46 m3. It wasn’t universally loved at the time believe me.
I owned the e36, e46, as well as the b6 Audi s4 so I can tell you that the e46 was heavy and had more body roll than the e36 which was one of my favorite cars of all time.
edit: Here is the 2003 article:
https://www.caranddriver.com/reviews...parison-tests/
"How could a legend finish second here, back from first place by a wide six-point gap? The short answer is, competition keeps everybody honest, even legends. Audi came up with a better answer."
"Out on the twisty roads, the S4 quickly became the favorite. "
" Of this trio, the S4 is in a class by itself, scoring the full 10 points in our handling rating, two above the M3 and three above the C32. It also earned a 10 in fun to drive, decisively above the others."
"Magazines always say car x is universally loved but not best anymore" is a ploy to sell more magazines, which in our current world is more clicks.
I owned the e36, e46, as well as the b6 Audi s4 so I can tell you that the e46 was heavy and had more body roll than the e36 which was one of my favorite cars of all time.
edit: Here is the 2003 article:
https://www.caranddriver.com/reviews...parison-tests/
"How could a legend finish second here, back from first place by a wide six-point gap? The short answer is, competition keeps everybody honest, even legends. Audi came up with a better answer."
"Out on the twisty roads, the S4 quickly became the favorite. "
" Of this trio, the S4 is in a class by itself, scoring the full 10 points in our handling rating, two above the M3 and three above the C32. It also earned a 10 in fun to drive, decisively above the others."
"Magazines always say car x is universally loved but not best anymore" is a ploy to sell more magazines, which in our current world is more clicks.
No one knows what's going to happen with the 992 reputation in 15-20 years since what comes next plays a big part in that but I do know that the PCM screen is going to look like an outdated technological turd and from what I could tell it's gonna be difficult or impossible to replace since systems are integrated into it. For my 991, I'm already prepped with my OEM shelf.
#184
The base Carrera models are a different story. Why would 992s be different than any regular Carrera over the last 15 years? They were spot on with the 991.1 and your own example of the 991.2 demonstrates they were basically spot on their too. Your Autotrader no-story 2017 C2S is going for 91k asking at a dealer with only 8000 miles. What do you think the owner of that car would have got if it had 30?
You keep insisting I'm wrong. How much less than 41% do you think the 992 owner with 30k miles is going to lose when they go to trade 3 years from now? I'm not claiming that heavy Carrera depreciation is a 992 exclusive symptom but with all the mention it gets around here whenever the word McLaren is uttered it's worth pointing out.
We've got 20 years of historical evidence and Porsche pricing to look at that demonstrate the 992 is likely to take a huge depreciation hit - possibly bigger than any model before it. If you've got any evidence showing otherwise I'd love to see it.
Don't believe me? Ask Porsche Financial then. The numbers I saw showed a 59% residual on a 36/mo 10k/yr lease AND they want 7% interest to cover that.
Don't believe me? Ask Porsche Financial then. The numbers I saw showed a 59% residual on a 36/mo 10k/yr lease AND they want 7% interest to cover that.
#185
We're getting way off the subject now, but I had a 1996 E36 M3, 2002 E46 M3, and 2005 S4 Avant as well. The E46 was the least satisfying to drive. Understeered terribly, with extremely intrusive stability control. Sounded like a chainsaw. Brakes sucked...glad BMW had free maintenance back then...went through them like crazy. Shifter was all over the place. I didn't like it as much as the C43 AMG it replaced. That said, I still think it is a gorgeous car and still love the interior layout, and most of its issues have been addressed by the aftermarket. That S4 tho...
#186
I have never really had much interest in the wide body 911's even from way back to the 930, they always looked way out of proportion until really the 991 gen cars and that's only because the rest of the car became huge to compensate.
The 992 is a just big bloated car made more so by it's wide, rock magnet rear haunches that I truly believe were made standard on the base models as a cost cutting move instead of added value.
The e92 M3 is the LAST great M car but it definitely was the writing on the wall equivalent to the 991.1
The e46 M3 is hands down the best M car ever produced in my opinion. Nothing else before of after it so perfectly combined the performance, experience, size, style and value. I'm not sure which 911 I would compare it to but can only add that at the time I was shopping for one circa 2005, used 996 values had dropped to the point of a direct comparison between the two for which there was none for me. The 996 was hands down the better sports car experience and value at that point.
The 992 is a just big bloated car made more so by it's wide, rock magnet rear haunches that I truly believe were made standard on the base models as a cost cutting move instead of added value.
The e92 M3 is the LAST great M car but it definitely was the writing on the wall equivalent to the 991.1
The e46 M3 is hands down the best M car ever produced in my opinion. Nothing else before of after it so perfectly combined the performance, experience, size, style and value. I'm not sure which 911 I would compare it to but can only add that at the time I was shopping for one circa 2005, used 996 values had dropped to the point of a direct comparison between the two for which there was none for me. The 996 was hands down the better sports car experience and value at that point.
You seem to imply that the 992 is bloated and even more so due do the widened rear end... and yet you think the 991 cars are finally proportionate with the widened rear end. Is the 992 now wider than a 991 GT3 or a 991 Carrera 4 variant? Is there no performance gain to be had by widening the rear? If not, then why did they engineer the 991 GT cars with a widened rear? For that matter, how does Singer mange to sell those 964's with the widened rear haunches?
#187
That's not what I am saying. I commented a response to the other post that the E46 was not universally panned or universally loved vs its contemporaries.
#188
A GT3 residual isn't completely BS. Porsche knows they're going to sell every model they produce and so looks at it as a way to make additional profit for anyone stupid enough to lease one.
The base Carrera models are a different story. Why would 992s be different than any regular Carrera over the last 15 years? They were spot on with the 991.1 and your own example of the 991.2 demonstrates they were basically spot on their too. Your Autotrader no-story 2017 C2S is going for 91k asking at a dealer with only 8000 miles. What do you think the owner of that car would have got if it had 30?
You keep insisting I'm wrong. How much less than 41% do you think the 992 owner with 30k miles is going to lose when they go to trade 3 years from now? I'm not claiming that heavy Carrera depreciation is a 992 exclusive symptom but with all the mention it gets around here whenever the word McLaren is uttered it's worth pointing out.
The base Carrera models are a different story. Why would 992s be different than any regular Carrera over the last 15 years? They were spot on with the 991.1 and your own example of the 991.2 demonstrates they were basically spot on their too. Your Autotrader no-story 2017 C2S is going for 91k asking at a dealer with only 8000 miles. What do you think the owner of that car would have got if it had 30?
You keep insisting I'm wrong. How much less than 41% do you think the 992 owner with 30k miles is going to lose when they go to trade 3 years from now? I'm not claiming that heavy Carrera depreciation is a 992 exclusive symptom but with all the mention it gets around here whenever the word McLaren is uttered it's worth pointing out.
#189
I’ve owned, worked on and been around examples of both cars for almost 20 years. It was and still is no contest for me as to which one is better nor was the comparison between the e36 or e46 vs B5 or B6 S4’s which are completely different vehicles.
While we’re on the subject of the e46 m3 vs b6 s4 take a look at which car has stood the test of time and how it’s been regarded with climbing prices, extremely competitive (to this day) track day and race car conversions and continued massive enthusiast following.
Meanwhile, the only thing most of the few surviving b6 S4’s are climbing is the back of a flat bed truck.
Time has not been kind to the S4 or virtually any later VW / Audi products for that matter and with the 992 being the first 911 generation conceived , developed and produced under complete VW ownership I predict the same.
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Argon_ (08-22-2019)
#190
Thats where your veering off topic, I never said anything about the e46 vs it’s competitors. I was merely attempting to point out that the e46 M3 was generally considered to be better than its predecessor by a wide margin. I was attempting to draw a parallel to the 991 vs 992 where this is NOT happening.
I’ve owned, worked on and been around examples of both cars for almost 20 years. It was and still is no contest for me as to which one is better nor was the comparison between the e36 or e46 vs B5 or B6 S4’s which are completely different vehicles.
While we’re on the subject of the e46 m3 vs b6 s4 take a look at which car has stood the test of time and how it’s been regarded with climbing prices, extremely competitive (to this day) track day and race car conversions and continued massive enthusiast following.
Meanwhile, the only thing most of the few surviving b6 S4’s are climbing is the back of a flat bed truck.
I’ve owned, worked on and been around examples of both cars for almost 20 years. It was and still is no contest for me as to which one is better nor was the comparison between the e36 or e46 vs B5 or B6 S4’s which are completely different vehicles.
While we’re on the subject of the e46 m3 vs b6 s4 take a look at which car has stood the test of time and how it’s been regarded with climbing prices, extremely competitive (to this day) track day and race car conversions and continued massive enthusiast following.
Meanwhile, the only thing most of the few surviving b6 S4’s are climbing is the back of a flat bed truck.
#191
Thats where your veering off topic, I never said anything about the e46 vs it’s competitors. I was merely attempting to point out that the e46 M3 was generally considered to be better than its predecessor by a wide margin. I was attempting to draw a parallel to the 991 vs 992 where this is NOT happening.
I’ve owned, worked on and been around examples of both cars for almost 20 years. It was and still is no contest for me as to which one is better nor was the comparison between the e36 or e46 vs B5 or B6 S4’s which are completely different vehicles.
While we’re on the subject of the e46 m3 vs b6 s4 take a look at which car has stood the test of time and how it’s been regarded with climbing prices, extremely competitive (to this day) track day and race car conversions and continued massive enthusiast following.
Meanwhile, the only thing most of the few surviving b6 S4’s are climbing is the back of a flat bed truck.
Time has not been kind to the S4 or virtually any later VW / Audi products for that matter and with the 992 being the first 911 generation conceived , developed and produced under complete VW ownership I predict the same.
I’ve owned, worked on and been around examples of both cars for almost 20 years. It was and still is no contest for me as to which one is better nor was the comparison between the e36 or e46 vs B5 or B6 S4’s which are completely different vehicles.
While we’re on the subject of the e46 m3 vs b6 s4 take a look at which car has stood the test of time and how it’s been regarded with climbing prices, extremely competitive (to this day) track day and race car conversions and continued massive enthusiast following.
Meanwhile, the only thing most of the few surviving b6 S4’s are climbing is the back of a flat bed truck.
Time has not been kind to the S4 or virtually any later VW / Audi products for that matter and with the 992 being the first 911 generation conceived , developed and produced under complete VW ownership I predict the same.
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limegreen (08-22-2019)
#192
Thats where your veering off topic, I never said anything about the e46 vs it’s competitors. I was merely attempting to point out that the e46 M3 was generally considered to be better than its predecessor by a wide margin. I was attempting to draw a parallel to the 991 vs 992 where this is NOT happening.
I’ve owned, worked on and been around examples of both cars for almost 20 years. It was and still is no contest for me as to which one is better nor was the comparison between the e36 or e46 vs B5 or B6 S4’s which are completely different vehicles.
While we’re on the subject of the e46 m3 vs b6 s4 take a look at which car has stood the test of time and how it’s been regarded with climbing prices, extremely competitive (to this day) track day and race car conversions and continued massive enthusiast following.
Meanwhile, the only thing most of the few surviving b6 S4’s are climbing is the back of a flat bed truck.
Time has not been kind to the S4 or virtually any later VW / Audi products for that matter and with the 992 being the first 911 generation conceived , developed and produced under complete VW ownership I predict the same.
I’ve owned, worked on and been around examples of both cars for almost 20 years. It was and still is no contest for me as to which one is better nor was the comparison between the e36 or e46 vs B5 or B6 S4’s which are completely different vehicles.
While we’re on the subject of the e46 m3 vs b6 s4 take a look at which car has stood the test of time and how it’s been regarded with climbing prices, extremely competitive (to this day) track day and race car conversions and continued massive enthusiast following.
Meanwhile, the only thing most of the few surviving b6 S4’s are climbing is the back of a flat bed truck.
Time has not been kind to the S4 or virtually any later VW / Audi products for that matter and with the 992 being the first 911 generation conceived , developed and produced under complete VW ownership I predict the same.
How do the french say savage?
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limegreen (08-22-2019)
#194
From what I recall, the E46 has been the M3 benchmark and hailed as the ultimate 3-box (sedan based) sports car since the day it launched. The E92 and F80 always compared to, and considered to fail in keeping up with its legacy. I wasn't deeply involved in the BMW circle back when the E46 came out, but from my perspective on a more universal enthusiast scale, I remember it being the holy grail since go. Only knock to it has always been the horrendous sound.
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limegreen (08-22-2019)
#195
OK, so you agree that lease residual values are manipulated and not necessarily a real indicator of future value/depreciation. That is not what you stated previously.
My point is that the 992 will follow the same depreciation curve as the 991.2. The 991.2 has retained a lot more than 59% of its value in 3 years...more like 70%. Better than average for a $100k+ vehicle.
Actually you did. Here is your original statement that prompted my response:
My point is that the 992 will follow the same depreciation curve as the 991.2. The 991.2 has retained a lot more than 59% of its value in 3 years...more like 70%. Better than average for a $100k+ vehicle.
Actually you did. Here is your original statement that prompted my response:
You can get a 3 year old 991.2 at a dealer for 70% of the original price with significantly less than 30k miles. A 130k car at 91k = 30% drop. There's numerous examples to choose from on Autotrader in that same range. Obviously that's not the price the original buyer is likely to get trading in that same car with 30k miles. It might not make it all the way to 41% but the 991.2 has not retained 70% residual value for the original buyers (in fairness, since they probably got a discount on the new price it probably is about 70% what they actually paid but discount isn't factored into residual).