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      12-03-2011, 07:56 AM   #1
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Question Low end of the market M3 pushing it?

hey everyone first post, today I hit half my target goal for a weekend sports car and have 6 more months to raise the rest. (40k total)

I've noticed there are a few E46 M3s under 50K now, thing is I want the SMG and I think that is just asking for trouble at this price point no?

Alternatively I could save longer and go into the 50k+ range but I'm not sure how much longer I can wait.

Have had some time with the car already and I love it, counting down the months till I can actually start looking for one without "dreaming"

The car will only be driven on the weekends and randomly during the week should I need to drive anywhere, my work is less than 6 minutes from my house so no point driving.

I have a lot of reading up to do and research ahead of me before I get myself into a bitter lemon.
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      12-03-2011, 11:08 PM   #2
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If you want something now, and can get it, then get it if you really want it. I took 6 months to find the right E92, and am more than happy with it.
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      12-03-2011, 11:12 PM   #3
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What you pay for is what you get.
It is worth waiting for the right one and yes, it is worth the extra money too.
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      12-04-2011, 11:00 PM   #4
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Lower price is due to higher kms, average condition or combination of the 2. So generally expect higher maintenance costs and corresponding lower value come re-sale time.

People aren't stupid, if they have a nice example they aren't going to give it away- dealers are the same.
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      12-06-2011, 01:46 AM   #5
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I've been answering my own questions reading forums and googling thanks guys for the info thus far, I'll probably end up saving longer really don't want to finance anything especially for a weekend car thanks again.
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      12-10-2011, 09:52 PM   #6
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I know of someone who got an 07 M3 for 75k through an auction. Didn't have extremely high km's either. Just got to be patient... it's a buyers market right now.
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      12-18-2011, 10:17 PM   #7
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Wow.....75k for e92m3? watch out! You get what you paid! thats the rules....
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      12-20-2011, 12:11 AM   #8
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Quote:
Originally Posted by JOM3JO View Post
Wow.....75k for e92m3? watch out! You get what you paid! thats the rules....
Yeah man, those chains straighten the chassis out real well
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      12-21-2011, 07:42 AM   #9
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Yeah man, those chains straighten the chassis out real well
It wasn't damaged. They're getting close to 5 years old now... RRP doesn't mean much anymore.
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      12-21-2011, 10:48 PM   #10
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Quote:
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It wasn't damaged. They're getting close to 5 years old now... RRP doesn't mean much anymore.
There is a few for sale asking under 90K for the 07 model with under 50K's, less than 15k PA. I have a mate who bought new in late late 07 and he is still crying into his milk after I showed him carsales, he thought he was looking at over 100k still
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      12-22-2011, 09:08 AM   #11
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Mine was one of the first customer cars. I don't care what they are going for now because I have no intensions to part with it.

The dealer offered me $75k for a six-year old E46 M3 when I bought the E92, but I sold mine privately. It looks like by the time the new M3 arrives in 2013/14, the E92 will be worthless and could be offered under $50k as a trade-in. That's pathetic. From what I have heard, unlike the E46 M3, the E92 M3s have sold well in Australia. It is good for BMW but not for customers.
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