BMW M3 in Shanghai

BMW M3 for sale in Shanghai (China)

Are you in the market to buy (or sell) a BMW M3 in Shanghai? Vehiclus analyzed the used auto market of all cities in China to determine a pricing profile of various BMW models depending on their age, technical condition, optical condition, and mileage. To optimize your earnings when selling your M3 (or to be certain to not overpay when purchasing a BMW M3) it is very recommended to know most price-establishing variables.

Supply and Demand of BMW M3 on the local auto market

Shanghai is a metropolitan area with 22315474 inhabitants. However, there are not many BMW M3 on the market. Therefore, the supply is small and the demand depends on a multitude of factors such as season, fuel mileage, and brand competetivness.

Price Devaluation Curve of the M3 in Shanghai

As described in the figure below, cars of the make BMW and specially of their model M3 devaluate in a very customary manner. The mean value of the M3 will be decreased by up to 13% ($56,305) after just one year. After three years, the car usually goes for only 60% of its original selling price ($42,097) while it will only be valued at 29% of the original price after 7 years ($18,119). The M3's value after twelve years is only 11% of its initial price depending on its condition of course.


Depreciation according to vehicle mileage

Another way to analyze vehicle depreciation is to look at the decrease of value vs kilometers driven. The BMW M3 depreciation curve below illustrates this phenomenon for the city of Shanghai. The M3 looses most of its resell price (approximately 50%) within the first 20,000miles (30,000km) of its mileage. The average price for a M3 at that usage level is approximately $35,887. After that the devaluation slows down: at 90k km the BMW M3 is sold for $22,337 in Shanghai and for $10,216 at 180k km .

BMW M3 price depending on condition (fair, good, excellent)

The last value that significantly determines the price of a used car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a BMW M3 according to its year and its condition.

Vehicle Year BMW M3 Condition
fair good excellent
2017$35,672$50,508$65,344
2016$31,370$44,417$57,464
2015$27,373$38,757$50,142
2014$23,681$33,530$43,379
2013$20,294$28,735$37,176
2012$17,213$24,372$31,531
2011$14,436$20,441$26,445
2010$11,965$16,941$21,918
2009$9,799$13,874$17,950
2008$7,937$11,239$14,540
2007$6,381$9,036$11,690
2006$5,131$7,265$9,399
2005$4,185$5,925$7,666
2004$3,544$5,018$6,492
2003$3,208$4,543$5,878
2002$3,178$4,500$5,822

Enter vehicle make, model and city of interest:


Volkswagen
Scirocco
starting at
$9,756
in Laohekou (CN)
Peugeot
108
starting at
$4,807
in Sutton (GB)
Dodge
Journey
starting at
$8,729
in Ilebo (CD)
BMW M3 variations:
M3 CSL COUPE BVA
M3 COUPE
M3
M3 BERLINE
M3 CABRIOLET