Originally Posted by lucid
Auction prices for MT E92 M3s seem to be around ~$43k at the moment. A few private sales that I am aware of for loaded 08 cars are in the high $40s. A low miles E92 M3 private party deal would most likely be right around $50k. Maybe that helps you price the E93 deal...Is the price you posted a dealer quote or a private party asking price?
I think you could get it around 50-52k especially based in your area. Was it in on trade? If so you might be able to get even more taken off if the dealership is just trying to make a quick buck on a good car. They might have made money on the trade up so they it doesn't hurt to negotiate for a lower cost of the car.