Originally Posted By: LT4 Vette
What I would like to know is why this guy has two fancy cars and lives in a tiny matchbox townhouse ?
I still think the car is priced too high if it hasn't been sold yet.
Good question regarding the other cars and the house, I don't know the owner, so I can't comment. However housing that style is very common in the suburbs of the GTA, which is where the car is purported to be located.
I bought mine through a dealer, who also wouldn't budge on the price. While they fetch a pretty penny for a vehicle of their age, they aren't overly popular for that very reason (and the potential expenses associated with maintaining an 11-year old M-car).
You've indicated you wouldn't spend that kind of money on a car that is 11 years old. You wouldn't be the only one. Many people would have a hard time justifying spending that kind of coin as well.
Another car in this price bracket would be an '03/04 Cobra. They are both toys in my opinion, with the M being a bit more practical, and certainly better appointed.
You have to be a certain kind of "car guy" to want something like this. Somebody who can appreciate the utility of a Camry is not that kind of car guy. And somebody looking to impress their neighbours isn't going to buy an 11 year old M-car for 20 grand either. They'll buy a 5-series for a fraction of the price and slap M badges on it