2016 BMW F8X M4 sells for $33,000 on Cars & Bids — was it a deal?
The 2016 BMW M4 Convertible sold for $33,000, which is strong money given its high mileage and some minor condition issues.
This specific M4 features a 3.0L turbocharged inline-6 engine that produces 425 horsepower, paired with the coveted 6-speed manual transmission. This combination is a big draw for buyers who want that traditional driving experience while still enjoying the performance of modern engineering. The convertible aspect adds a layer of appeal, especially for those in warmer climates or anyone looking for that open-air thrill. It comes with desirable options like the Executive and Driver Assistance Plus packages, enhancing both comfort and safety.
Now, let's talk numbers. With 78,400 miles on the clock, this car is not exactly low mileage, and it has some cosmetic flaws, such as curb rash on the wheels and scuffs on the front bumper. The Fair Market Value estimate was set at $28,600. So, selling at $33,000 puts it 15% above that estimate, which indicates a premium price in today’s market. The bidding was relatively active with 17 bids, suggesting there was genuine interest in this car, yet it still ended up selling for more than what many would consider a fair price for the condition and mileage.
Community reactions were mixed. One sharp comment noted, "Oil weeping underneath the engine bay," which is a point of concern for potential buyers. While the car has no modifications and retains its factory setup, oil leaks can lead to bigger issues down the road. The presence of a rearview camera and blind spot monitoring is a plus, but it doesn’t completely offset the concerns raised.
For buyers hunting a similar M4, keep a close eye on maintenance history and any signs of oil leaks. These can be red flags that might indicate bigger problems lurking beneath the surface. Also, consider the overall condition, especially for high-mileage examples. The manual transmission adds value, but if you're considering a purchase, make sure to factor in any potential repair costs that could come from the wear and tear of a car with 78,400 miles.
See all BMW F8X M4 listings on [Friday's Watchlist](https://fridayswatchlist.com/search?make=BMW&model=F8X%20M4).
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