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      08-25-2011, 09:41 AM   #1
martint
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2008 M3 - Value?

Hi,

I have a 2008 M3 with about 20,000 miles on the clock and Iím thinking about selling it in the new year so Iíve done a bit of research as to what I might get for it.

I was thinking about £30K but came across this one for sale on Autotrader, whoeverís selling it seems to be asking a lot (in my opinion):

http://autotrader.co.uk/classified/a...ge/1?logcode=p

Is £35,500 about right for one with 11,000 miles or is he asking way too much.

What price should i expect privately....

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      08-25-2011, 09:59 AM   #2
kris.taylor.1981
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hi
i have just part exed mine at bmw for a newer 1 (2010)
mine was a 2008 58 reg with 20k k edc red leather
usb folding mirrors
few other bits
they gave me 30k
so i would say between 32k and 34k
hope this helps
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      08-25-2011, 11:46 AM   #3
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Mine (2008) cost me £30k with 19k this month, fully specced, and approved used from a main dealer, with 2 years warranty.

Privately, you'll be around £28k....but start at £30k.
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      08-25-2011, 03:21 PM   #4
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Your car is low mileage so you should be able to sell for around £28K privately but prices are due to fall again once the new 61 plate comes out in September.

The one in the link is way over priced.
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      08-25-2011, 04:03 PM   #5
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That car in the ad is seriously overpriced, I'd say it's worth about £29k privately.

If your car was for sale now I'd be interested in it.
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      08-25-2011, 05:13 PM   #6
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I have a 2010 DCT done 6000 miles and if someone offered me a couple of grand more than the one advertised I'd snap there hand off so way overpriced for a private sale (no mention of EDC either)
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      08-26-2011, 02:40 AM   #7
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funny this...................


as on the "Cutters" forum - they're saying 25k will buy you a low mileage fully loaded E92 M3

and 20-22 will get you a higher mileage one

I don't agree(personally)
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      08-26-2011, 03:13 AM   #8
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Fully loaded low mileage M3 for around 25k? No problem sir.

http://www.usedcarsni.com/77553855
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      08-26-2011, 03:59 AM   #9
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That's a good price davey. When was the car registered.
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      08-26-2011, 04:21 AM   #10
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Not sure mate it's not my car, I just noticed it for sale. Had it been 6 months from now I'd have been all over it. Then again the way things are going in 6 months from now it would be up for 20k or less!
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      08-26-2011, 04:24 AM   #11
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Quote:
Originally Posted by Real Thing View Post
I have a 2010 DCT done 6000 miles and if someone offered me a couple of grand more than the one advertised I'd snap there hand off so way overpriced for a private sale (no mention of EDC either)
Really? I'm trading in my fully specced 2010 E90 next month and i've been given more than what youre suggesting would be a great deal - from a main dealer.

OP - there is no way of predicting what your car will be worth in the new year which is still 4 months away. Earlier this year M3's were losing £950 per month before prices shored up again. I tried to get a price for my car for a PX on a new car in late Sept a few months ago and no one would give me a guaranteed price 4 months out such was the fluctuations in prices.
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Last edited by ss134; 08-26-2011 at 04:35 AM.
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      08-26-2011, 04:34 AM   #12
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I recently got £41.800 for a 2010 MT6 with 14k and little in the way of extras. straight buy.
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      08-26-2011, 04:37 AM   #13
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Private or dealer Del?
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      08-26-2011, 04:40 AM   #14
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Price

I used Parker's guide when buying my M3 this year. Chose a nice spec 08 plate with 13500 miles. Main dealer. Cost me 33k. Private for the same was 28k, but dealer sorted new tyres, service, mot, clearcoat, four wheel alignment (which took two hours of the tech's time), plus some other stuff; and I have dealer warranty.

I'm happy with that.
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      08-26-2011, 05:47 AM   #15
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Private or dealer Del?
Dealer. I sold it to my local dealer for stock. I hadn't ordered my new one at the time.
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      08-26-2011, 06:25 AM   #16
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Quote:
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I recently got £41.800 for a 2010 MT6 with 14k and little in the way of extras. straight buy.
That was an Excellent price in todayís market not sure if you've looked on the AUC web site lately but with over 140 M3s for sale and good colour/spec DCTs being advertised at below £45K for 11 Plates and >£40K for 10 Plate Cars Great time to buy an M3 but not so good if your trying to sell.
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      08-26-2011, 06:28 AM   #17
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Prices vary and dealers and traders are offering as low as £20K for M3's. I still get calls from dealers asking if my car is for sale.

I spoke to the Sytner Group Buyer when I was trying to sell my one and at the time he said that the max they would offer would be £23K! There is a clear decline in residuals for the car and he said it would only get worse.

It's very difficult to predict what your car will be worth in 4 months time.
If you are looking to buy another BMW then trade in/part ex may be the best deal you can get against a new or nearly new car.
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      08-26-2011, 08:21 AM   #18
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I think the car the op poster is a tad over priced however it really depends if it's the perfect car for you. Can you find another exact colour interior and exterior and spec and how long can you wait for another if this sold.

I found that was a thing to take into account when I was buying.

However if that car was around 30k that'd be abit more close to the private Market price i think, however you can pick them up for 20odd k depending if it's the right car though.

Good luck on your quest
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      08-26-2011, 08:41 AM   #19
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Quote:
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That was an Excellent price in todayís market not sure if you've looked on the AUC web site lately but with over 140 M3s for sale and good colour/spec DCTs being advertised at below £45K for 11 Plates and >£40K for 10 Plate Cars Great time to buy an M3 but not so good if your trying to sell.
I was happy obviously, but TBF it's still for sale with them three months later, I think they might take a hit on it.
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