{"id":40827,"date":"2023-01-20T09:00:57","date_gmt":"2023-01-20T14:00:57","guid":{"rendered":"https:\/\/autosector.com\/?p=40827"},"modified":"2023-01-20T09:00:57","modified_gmt":"2023-01-20T14:00:57","slug":"bmw-m4-csl-investment","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=40827","title":{"rendered":"Some BMW M4 CSLs are Selling for $200,000\u2014Is That Worth the Investment?"},"content":{"rendered":"<p>You can\u2019t get a Honda Civic without paying ADM (Adjusted Dealer Markup) at the moment. While things are starting to get better for customers, there are dealers across the country that are just stacking tens of thousands of dollars on top of list prices. And it\u2019s especially true for special models. So it isn\u2019t surprising to see BMW <a href=\"https:\/\/www.bmwblog.com\/2022\/12\/31\/bmw-m4-csl-evo-coty\/\">M4 CSL\u2019s<\/a> at <a href=\"https:\/\/www.cars.com\/shopping\/results\/?dealer_id=&amp;keyword=&amp;list_price_max=&amp;list_price_min=&amp;makes%5B%5D=bmw&amp;maximum_distance=all&amp;mileage_max=&amp;models%5B%5D=bmw-m4&amp;page_size=20&amp;sort=list_price_desc&amp;stock_type=new&amp;trims%5B%5D=bmw-m4-csl&amp;year_max=&amp;year_min=&amp;zip=08734\" target=\"_blank\" rel=\"noopener\">some dealerships around the country<\/a> (we don\u2019t want to name names) sell\u00a0for around $200,000. But the question is: could that possibly be the investment?<\/p>\n<p>It\u2019s actually difficult to answer. There\u2019s no doubt that the M4 CSL will eventually be worth more than its MSRP, even if it takes a few years. As a limited-run car with the \u201cCSL\u201d name, it will certainly appreciate in value over the years. However, that might not happen so quickly. The last-gen\u00a0<a href=\"https:\/\/www.bmwblog.com\/2022\/11\/29\/bmw-m4-gts-review-is-it-time-to-buy-one\/\">BMW M4 GTS<\/a> suffered a bit of a price drop a few years after its release. Sure, there were some flippers who made money on them right away but after the hysteria surrounding the M4 GTS died down, it depreciated. It\u2019s only now that the M4 GTS is seeing impressive appreciation. So it\u2019s possible the M4 CSL suffers a similar fate.<\/p>\n<p>There\u2019s also the question of desirability. The M4 CSL is a great car but it has incredibly controversial looks, which might reduce its collectability a bit. There\u2019s also the fact that it uses a normal automatic transmission, which lacks the excitement of either a manual or the M4 GTS\u2019 dual-clutch. There\u2019s no doubt the M4 CSL is desirable but <em>how<\/em> desirable will be the question.<\/p>\n<p><a href=\"https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07.jpg\"><noscript><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-439014\" src=\"https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07-830x554.jpg\" alt=\"2023 bmw m4 csl test drive 07 830x554\" width=\"830\" height=\"554\" srcset=\"https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07-830x553.jpg 830w, https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07-1535x1024.jpg 1535w, https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07-768x512.jpg 768w, https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07-1536x1025.jpg 1536w, https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07-300x200.jpg 300w, https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07.jpg 1920w\" sizes=\"(max-width: 830px) 100vw, 830px\" title=\"image of 2023 bmw m4 csl test drive 07 830x554\"\/><\/noscript><img decoding=\"async\" class=\"lazyload alignnone size-medium wp-image-439014\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=%22http:\/\/www.w3.org\/2000\/svg%22%20viewBox=%220%200%20830%20554%22%3E%3C\/svg%3E\" data-src=\"https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07-830x554.jpg\" alt=\"2023 bmw m4 csl test drive 07 830x554\" width=\"830\" height=\"554\" data-srcset=\"https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07-830x553.jpg 830w, https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07-1535x1024.jpg 1535w, https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07-768x512.jpg 768w, https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07-1536x1025.jpg 1536w, https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07-300x200.jpg 300w, https:\/\/cdn.bmwblog.com\/wp-content\/uploads\/2022\/11\/2023-bmw-m4-csl-test-drive-07.jpg 1920w\" data-sizes=\"(max-width: 830px) 100vw, 830px\" title=\"image of 2023 bmw m4 csl test drive 07 830x554\"\/><\/a><\/p>\n<p>Here\u2019s the problem, though. The M4 CSL doesn\u2019t have to just appreciate to become worthy of its initial investment. It needs to appreciate <em>a lot<\/em>. \u00a0At its current price, with dealers asking $50,000 on top of its MSRP, it will have to appreciate that much<em> just to break even<\/em>. And even if it appreciates $60,000-$70,000, that\u2019s still only around $10,000-$20,000 of real appreciation because, remember that ADM has no impact on the car\u2019s value. And no one wants to spend $200,000 on a collector\u2019s car in hopes that they make enough back to buy a base-model Hyundai Elantra. Essentially, the buyer has to be willing to lose $50,000 of profit on the car.<\/p>\n<p>And it\u2019s not as if buyers have the luxury of waiting it out. If you\u2019re looking at a Honda Civic Type R, you can wait until the media hype dies down, so dealers come down on prices. But the BMW M4 CSL is limited to 1,000 units worldwide, so not every dealer is going to give one up for MSRP. Of course, there are some good dealers that will sell them for fair prices but good luck finding one near you.<\/p>\n<p>In ten years, will the M4 CSL be worth more than $200,000? Almost certainly. Will it be worth so much more than $200,000 that it\u2019s worth buying one at that price right now? I guess we\u2019ll find out.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You can\u2019t get a Honda Civic without paying ADM (Adjusted Dealer Markup) at the moment. While things are starting to get better for customers, there are dealers across the country that are just stacking tens of thousands of dollars on top of list prices. And it\u2019s especially true for special models. So it isn\u2019t surprising [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":40828,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[2],"tags":[],"class_list":["post-40827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/40827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40827"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/40827\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/40828"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40827"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}