Value of an M Car without MotorPlan

PsyCLown

Well-known member
It's not the modding per se, it's more the "my car has light mods but I'll still risk plan" type attitude, I suppose. but for sure, everyone is different in terms of how well they take care of their cars, and I'd certainly not risk my life on a BMW dealer taking good care!
I think this attitude stems from the fact that someone has spent their money on a car which belongs to them and in a way should be able to do with it as they please.

I think most of us can agree that some light mods are not necessarily bad or problematic and if anything some can even assist in prolonging the life of the vehicle and extend the life of certain parts. Nobody wants to take liability though as companies exist to make money.

Some may be willing to save the R300k or whatever it is as it allows them to upgrade their "status" for a lower price and are happy to take the risk... Others will rather spend a bit more and get an overall better deal which includes some peace of mind.
 

Bazza

Active member
I guess even in that case, my question is you're willing to take the car back with the modded exhaust? Surely that shows some lack of care? Either way, as nice as the M2s are, I don't think an out of plan one, even if you gave me a brand new car and just said "here's an M2 0km, you're owner 1", what is the plan worth (I think we had this chat in another section). What is the M2 worth with no plan? 200k less? 300k less?

I'd guess it's in the 250k mark area for an M2 but surely on a more expensive M car then this changes dramatically - if you had carbon brakes then having plan is worth a ton, those are more like a R100k replacement cost. etc etc.
To add to this, in another thread there's a guy trying to sell his M2 without plan for R750k. There's a massive debate going on because there seems to be a fueling issue with the car and they can't find the problem, he said he's already spent R240k on finding the issue and still is no closer to solving the problem... So you saying R200-300k discount I think is maybe a bit conservative because this guy is on R240k and hasn't even found the problem yet, Problem could be a R5k fix or a R300k fix when they find it but it's already cost him R240k just looking for the problem.
 

TurboLlew

Honorary ///Member
To add to this, in another thread there's a guy trying to sell his M2 without plan for R750k. There's a massive debate going on because there seems to be a fueling issue with the car and they can't find the problem, he said he's already spent R240k on finding the issue and still is no closer to solving the problem... So you saying R200-300k discount I think is maybe a bit conservative because this guy is on R240k and hasn't even found the problem yet, Problem could be a R5k fix or a R300k fix when they find it but it's already cost him R240k just looking for the problem.

I think @Bazza your post further highlights the point that in reality we can determine the 'value of the motorplan' but simply reducing the 'normal selling price' of a modded car by the value of the lost motorplan is not enough to warrant it being a good deal.

The plan being cancelled is a canary in a mine... You can get by with no plan if you know the history of the car either by personally knowing the owner or having done it yourself (hence my prior comments about it being a totally different scenario to eg: me owning my car for 7 years, knowing what I have done, mods etc and keeping enough money aside for any possible issues.

You have NO IDEA what you are getting yourself into if you're buying a car that has arrived with mods. If anyone has watched Event Horizon, buying a car like this that has just appeared in the trade with no plan and nobody claiming to know what happened to it, then it is like boarding that ship after it just appeared out of nowhere... Those who watched the movie will know what ensues...

The problem is not whether the car was lightly modded or not. You MIGHT get an answer if the owner is upfront.... eg in the other thread but even then he mentioned it was for downpipes then we later see BM3 logs and no idea what map it was on... But I digress....

The more likely scenario is for example the car at Audi where the car is disposed of... there is no history forthcoming and everyone involved washes themselves of the situation (or actively tries to hide the real story). You can no longer get previous owner's info easily with POPI it seems and someone has to 'know the car' AND be willing to share the info. Now you have an issue and R150K later you are still diagnosing... so much for a bargain.

The costs are real for M cars... the costs on a modded one are even higher.... the costs for a modded one with issues can be totally insane. Why put yourself through that pain for a car that is not special in any way, not rare in any way and which is not in short supply by any stretch of the imagination. Prior comments in this thread refer.

This raises another issue in terms of how these mods are done. Logically the tuner should get involved if BMW has washed their hands of the issue... but in this day and age you might not have a tuner! There are those that flash these maps onto the car and think it is going to be fine because they read that it would be fine somewhere. We have this idea that our fuel is 'equivalent' to 91 octane US fuel - LOL in what universe??? It will indeed probably be "fine" for the most part but you will be pulling a ton of timing and be close to the edge of detonation which you will then start to notice as our ambient temps rise... Do you know what you need to run even the 91 octane stage 2 BM3 map on an M5 without pulling a fair bit of timing or running out of injector capacity? Better stock up...

2gtAA7ll.jpg


Now you have guys on instagram and facebook talking about making all this power with 'safe daily files' and pump fuel, Meth "just for safety" and all sorts of humble bragging... then you try to flash your own car and are wondering why the "formulas" you read about don't yield the same results with those same mods OR you end up breaking the car in the process because you can't read a log and you don't know that you're running into issues.

I don't post about these things because I generally don't want to get into a war with people who will inevitably take things out of context, screen shot my comments and send it to their expert tuners/mechs or otherwise become upset and hence I am keeping this quite generic. There is alot I will share but not around this. In any case there was little interest in fuel posts, the more technical posts outside of buyers guides or even another fanatic asking about race fuels etc. so I didn't really bother following it up. In any case it appears to be a state secret what is 'really' being run in cars (the map itself, gas, fuel, additives, OBs, meth etc etc) and that is really the point here...

Rinse and repeat for any other brand of car as well. Why do you think AMS Alpha GT-Rs show up for basically the cost of the mods fairly regularly? Brabus Mercs? Novitec Ferraris? You're probably going to spend that money over again on one thing or another. It can bankrupt you (or at least seriously dent your finances). We are talking REPAIR costs in the order of a small rent-producing apartment...

Pay to Play indeed...

So no, unless you really know someone well then either buy the car at a MASSIVE discount (beyond the 'value of the motorplan') or steer clear when no info is available. It just might be the Event Horizon back from the depths of hell, looking good but ready to take you on a ride back to where it came from LOL.
 

TBP88

Well-known member
Yeah, I think there's a lot of fair comment here. The reality is that, as has been said, a voided motorplan isn't per se the issue, it's what it indicates... I'd be thinking around 25-40% discount on the equivalent car with plan for a 1 or 2 year old plan.
 

GravityLee

Well-known member
I think @Bazza your post further highlights the point that in reality we can determine the 'value of the motorplan' but simply reducing the 'normal selling price' of a modded car by the value of the lost motorplan is not enough to warrant it being a good deal.

The plan being cancelled is a canary in a mine... You can get by with no plan if you know the history of the car either by personally knowing the owner or having done it yourself (hence my prior comments about it being a totally different scenario to eg: me owning my car for 7 years, knowing what I have done, mods etc and keeping enough money aside for any possible issues.

You have NO IDEA what you are getting yourself into if you're buying a car that has arrived with mods. If anyone has watched Event Horizon, buying a car like this that has just appeared in the trade with no plan and nobody claiming to know what happened to it, then it is like boarding that ship after it just appeared out of nowhere... Those who watched the movie will know what ensues...

The problem is not whether the car was lightly modded or not. You MIGHT get an answer if the owner is upfront.... eg in the other thread but even then he mentioned it was for downpipes then we later see BM3 logs and no idea what map it was on... But I digress....

The more likely scenario is for example the car at Audi where the car is disposed of... there is no history forthcoming and everyone involved washes themselves of the situation (or actively tries to hide the real story). You can no longer get previous owner's info easily with POPI it seems and someone has to 'know the car' AND be willing to share the info. Now you have an issue and R150K later you are still diagnosing... so much for a bargain.

The costs are real for M cars... the costs on a modded one are even higher.... the costs for a modded one with issues can be totally insane. Why put yourself through that pain for a car that is not special in any way, not rare in any way and which is not in short supply by any stretch of the imagination. Prior comments in this thread refer.

This raises another issue in terms of how these mods are done. Logically the tuner should get involved if BMW has washed their hands of the issue... but in this day and age you might not have a tuner! There are those that flash these maps onto the car and think it is going to be fine because they read that it would be fine somewhere. We have this idea that our fuel is 'equivalent' to 91 octane US fuel - LOL in what universe??? It will indeed probably be "fine" for the most part but you will be pulling a ton of timing and be close to the edge of detonation which you will then start to notice as our ambient temps rise... Do you know what you need to run even the 91 octane stage 2 BM3 map on an M5 without pulling a fair bit of timing or running out of injector capacity? Better stock up...

2gtAA7ll.jpg


Now you have guys on instagram and facebook talking about making all this power with 'safe daily files' and pump fuel, Meth "just for safety" and all sorts of humble bragging... then you try to flash your own car and are wondering why the "formulas" you read about don't yield the same results with those same mods OR you end up breaking the car in the process because you can't read a log and you don't know that you're running into issues.

I don't post about these things because I generally don't want to get into a war with people who will inevitably take things out of context, screen shot my comments and send it to their expert tuners/mechs or otherwise become upset and hence I am keeping this quite generic. There is alot I will share but not around this. In any case there was little interest in fuel posts, the more technical posts outside of buyers guides or even another fanatic asking about race fuels etc. so I didn't really bother following it up. In any case it appears to be a state secret what is 'really' being run in cars (the map itself, gas, fuel, additives, OBs, meth etc etc) and that is really the point here...

Rinse and repeat for any other brand of car as well. Why do you think AMS Alpha GT-Rs show up for basically the cost of the mods fairly regularly? Brabus Mercs? Novitec Ferraris? You're probably going to spend that money over again on one thing or another. It can bankrupt you (or at least seriously dent your finances). We are talking REPAIR costs in the order of a small rent-producing apartment...

Pay to Play indeed...

So no, unless you really know someone well then either buy the car at a MASSIVE discount (beyond the 'value of the motorplan') or steer clear when no info is available. It just might be the Event Horizon back from the depths of hell, looking good but ready to take you on a ride back to where it came from LOL.
Can Llew get his own forum, posts like these are too valuable to get lost in the general noise...
 
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