Dear E90post,
I wanted to go ahead and share my thoughts and opinions on the subject above as some of you might be going through the same situation. I am only sharing my personal opinion and therefore to each and their own, I don’t ask that you agree or disagree with me. If you can get something out of my post, great! If not then don’t waste your time reading, Im sure you have better things that you can do.
Having said that, as the title states I recently asked myself the question if I should go ahead and get rid of my 2011 M3 Comp Pack with DCT? Reason being is that this was my first non-manual transmission car, therefore it took some time getting used to it, but once I did I really started to appreciate the rev matching and the precision of the DCT. Then why change?
First reason: DCT transmission are not like a MT in a sense that you can just change the clutch and flywheel and call it a day, therefore they are very costly (I have been reading 8K USD or so depending on your dealer). You can only replace the transmission, and not fix it, in case there is an issue unless you have extended warranty which is $5,990 till 100K miles. Aside from that I would love to have a manual transmission back. As a purist I love to rev match on my own, downshift and have better control of the car rather than depend on the DCT.
Second reason: I purchased my car for 50K USD with 35K miles from the BMW dealer out the door and put 10K down. 6 months later and 7K miles more on the car, my trade in value is less or about the same as what I owe on the car which pretty much wipes out the 10K that I put down.
So to sum up, the main issue was the worry about repairs/replacement on the DCT and the depreciation rate.
Next I started to look around and see what I can do and what possible cars I could purchase that I would be happy with. Before I get into that, I want to point out the reason why I purchased my M3. In past 10 12 years I have owned 12 cars total. Anything from American Muscle cars, to JDM cars. While each had their own strong side, ex Corvette Grand Sport felt fast and great, loved the exhaust on it, the steering rack was too loose for me. Car was balanced, but I could never take a corner at 80 mph and know that I will come out of it with no issues at all. I also owned a couple of 350z’s that were heavily modded on the suspension but lacked some power in a way.
So when the E92 M3 came around with its S65 V8 ITB motor and the engine rev up to 8300 RPM, and its 50/50 balance I was all over it. Aside from the performance, the competition wheels didn’t need to be changed. The steering was sharp as a knife, and as far as the looks of the car, it was spot on.
During the last two weeks I have decided to drive the following cars within my price range or below as I had lost the equity I had in the car and thus I would need to finance a new car with no downpayment:
1.2014 Mistubishi EVO 34,800 out of the door price
2.2013 Subaru STI – (Fully built over 20K USD in mods) 33,000 out of the door price
3.2006 Carrera S MT – 38,000 out of the door price
4.2015 Ford Mustang GT performance pack (3.73 gears, recaro seats, brembo brakes, etc) – 37,000 out of the door price
5.1991 Acura NSX 42,000 out of the door
I don’t want to get into details of every single car that I drove, however I will say this. After driving every single one of those cars, they either lacked power, or handling. Furthermore, interior styling was not near as perfect as the M, and although I am a big boost fanatic, I really appreciated the high revving NA ITB’s, its so hard to beat it. All of the cars above even though in some cases my monthly payment would drop, I would still need to dish out money to get the cars to perform like an M3. The EVO lacked power and if I modded it, it would void the warranty, meanwhile the insurance on the EVO was more expensive than the M3. The STI was really quick really fun to drive, but didn’t handle near as well as the EVO or the M3, therefore I started to look into a quick steering rack which would run me 4K USD.
The 2006 Carrera S was an nice car, however lacked the power that the M3 had, and trading a 2011 Car for a 2006 that is not complete according to my personal taste, I don’t think so. The Mustang GT was much more improved this year in 2015, but the size of the front I feel like is the size of the whole M3, way too big of a car. Finally the 1991 NSX is something I really appreciated. I really loved the car, however in the end the dealer would not come down on the price and was not giving me anything great for my car. On top of that, once I sat back in the M3 and took the next corner I realized the reason in the first place why I bought the car.
Aside from these cars above, I have driven many others that I liked including a C6 Z06, Nissan 300zx TT, Toyota SUPRA TT, Nissan GTR35 (awesome car, but didn’t like the size of the car), and countless BMW 135’s but none of them felt as complete as the M3.
For my case in the end I have decided to hold on to my E92 M3 and realized that whatever I was going to spend on those cars modding them, I would rather spend on my DCT if needed in the future. As for the depreciation, the car will eventually level off with the market as the E92 was the only M3 ever made with a V8 ITBS.
I wanted to go ahead and share my thoughts and opinions on the subject above as some of you might be going through the same situation. I am only sharing my personal opinion and therefore to each and their own, I don’t ask that you agree or disagree with me. If you can get something out of my post, great! If not then don’t waste your time reading, Im sure you have better things that you can do.
Having said that, as the title states I recently asked myself the question if I should go ahead and get rid of my 2011 M3 Comp Pack with DCT? Reason being is that this was my first non-manual transmission car, therefore it took some time getting used to it, but once I did I really started to appreciate the rev matching and the precision of the DCT. Then why change?
First reason: DCT transmission are not like a MT in a sense that you can just change the clutch and flywheel and call it a day, therefore they are very costly (I have been reading 8K USD or so depending on your dealer). You can only replace the transmission, and not fix it, in case there is an issue unless you have extended warranty which is $5,990 till 100K miles. Aside from that I would love to have a manual transmission back. As a purist I love to rev match on my own, downshift and have better control of the car rather than depend on the DCT.
Second reason: I purchased my car for 50K USD with 35K miles from the BMW dealer out the door and put 10K down. 6 months later and 7K miles more on the car, my trade in value is less or about the same as what I owe on the car which pretty much wipes out the 10K that I put down.
So to sum up, the main issue was the worry about repairs/replacement on the DCT and the depreciation rate.
Next I started to look around and see what I can do and what possible cars I could purchase that I would be happy with. Before I get into that, I want to point out the reason why I purchased my M3. In past 10 12 years I have owned 12 cars total. Anything from American Muscle cars, to JDM cars. While each had their own strong side, ex Corvette Grand Sport felt fast and great, loved the exhaust on it, the steering rack was too loose for me. Car was balanced, but I could never take a corner at 80 mph and know that I will come out of it with no issues at all. I also owned a couple of 350z’s that were heavily modded on the suspension but lacked some power in a way.
So when the E92 M3 came around with its S65 V8 ITB motor and the engine rev up to 8300 RPM, and its 50/50 balance I was all over it. Aside from the performance, the competition wheels didn’t need to be changed. The steering was sharp as a knife, and as far as the looks of the car, it was spot on.
During the last two weeks I have decided to drive the following cars within my price range or below as I had lost the equity I had in the car and thus I would need to finance a new car with no downpayment:
1.2014 Mistubishi EVO 34,800 out of the door price
2.2013 Subaru STI – (Fully built over 20K USD in mods) 33,000 out of the door price
3.2006 Carrera S MT – 38,000 out of the door price
4.2015 Ford Mustang GT performance pack (3.73 gears, recaro seats, brembo brakes, etc) – 37,000 out of the door price
5.1991 Acura NSX 42,000 out of the door
I don’t want to get into details of every single car that I drove, however I will say this. After driving every single one of those cars, they either lacked power, or handling. Furthermore, interior styling was not near as perfect as the M, and although I am a big boost fanatic, I really appreciated the high revving NA ITB’s, its so hard to beat it. All of the cars above even though in some cases my monthly payment would drop, I would still need to dish out money to get the cars to perform like an M3. The EVO lacked power and if I modded it, it would void the warranty, meanwhile the insurance on the EVO was more expensive than the M3. The STI was really quick really fun to drive, but didn’t handle near as well as the EVO or the M3, therefore I started to look into a quick steering rack which would run me 4K USD.
The 2006 Carrera S was an nice car, however lacked the power that the M3 had, and trading a 2011 Car for a 2006 that is not complete according to my personal taste, I don’t think so. The Mustang GT was much more improved this year in 2015, but the size of the front I feel like is the size of the whole M3, way too big of a car. Finally the 1991 NSX is something I really appreciated. I really loved the car, however in the end the dealer would not come down on the price and was not giving me anything great for my car. On top of that, once I sat back in the M3 and took the next corner I realized the reason in the first place why I bought the car.
Aside from these cars above, I have driven many others that I liked including a C6 Z06, Nissan 300zx TT, Toyota SUPRA TT, Nissan GTR35 (awesome car, but didn’t like the size of the car), and countless BMW 135’s but none of them felt as complete as the M3.
For my case in the end I have decided to hold on to my E92 M3 and realized that whatever I was going to spend on those cars modding them, I would rather spend on my DCT if needed in the future. As for the depreciation, the car will eventually level off with the market as the E92 was the only M3 ever made with a V8 ITBS.
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