Is this car worth buying

Mass325Ci · 05-23-2012, 07:04 PM

Hi Everyone. I have been lurking for a while... just looking for the right used M3. I wanted to wait for the new F80, but it is too far away and my E46 is really starting to feel old (although, it has been a perfect car).

I am looking for an 08/09 coupe. This one has been on the market for months and it is still sitting. What is a realistic price for this car? Has it been sitting because of the lack of the technology package? It meets pretty much every other criteria I have. Should I try to work a deal, or will I really miss the adjustable settings?

http://nitra.bmwcpodealer.com/cpo/Ve...-CT/1118348293

I'll also post to the FS/WTB forum, but I am basically looking for a manual white/grey/black coupe with black interior.

Thanks in advance for the opinions/advice! I hope to be an active member once I get the M3.

RayC · 05-23-2012, 07:18 PM

Yes. It's worth it if you can afford it.

I always assumed it didn't sell as well as the e46 because of the state of the economy and rising gas prices, but I'm not sure.

Love my car but I wouldn't recommend it to someone who can't afford it (not that I'm assuming you can/can't).

Good luck with the car shopping!

Mass325Ci · 05-23-2012, 07:40 PM

Thanks... luckily, affording it isn't an issue. It's more about appropriate value. I checked the car fax and it looks like it was a fleet vehicle. I just don't want to over-pay for a car with a shady background. It is CPO, so that is peace of mind. It's been for sale for 11 months, so I would think that it is over-priced.

http://www.carfax.com/VehicleHistory...&partner=CDM_U

BimmerFreakJoe · 05-23-2012, 08:08 PM

What sort of E46 do you have?

Im looking for a LSB or PY 6 speed....

Mass325Ci · 05-23-2012, 08:13 PM

2004 325Ci... 5 speed. It's got 141k miles, so it is getting up there. That said, I've never had a problem and it's going to be hard to let it go. It's been a great car. Only regret was not getting the ZHP.

THE TECH · 05-23-2012, 08:16 PM

No offense, but if you can afford a new M3, why would you look into such an early model E92?

Mass325Ci · 05-23-2012, 08:29 PM

Good question... the plan was always to buy a new F80, but I just can't wait. It doesn't seem to make sense to buy a new M3 and then trade it in just two years later.

I tend to keep cars for a while, so I don't mind spending $65k or $70k on a car I will keep for 5+ years. It seems excessive to do that for a car that I will only keep for a few years.

Maybe I'm wrong... maybe the depreciation hit on a new vs used is pretty similar. I'll have to do some math and see how it works out.

RayC · 05-23-2012, 08:38 PM

I guess I'm financially irresponsible, but I'm willing to take a hit for the chance to own a new car rather than used.

Maybe I'm paranoid but I only consider used cars when I personally know the former owner. You just never know...

Mass325Ci · 05-23-2012, 08:45 PM

Yah... I'm to analytical. I "could" go pay cash for a new M3, but logic (and my wife) would get in my way. I need to find the right balance.

Thanks everyone for the input. I'll ping the dealership about the above M3. Any additional thoughts on the "fleet" status or a reasonable price for the car?

BimmerFreakJoe · 05-23-2012, 09:12 PM

Hey Mass
Shoot me an email joelundberg69 at

gmail dot com

inter1032 · 05-23-2012, 10:41 PM

too expensive

Mass325Ci · 05-24-2012, 06:35 AM

Joe... email sent.

inter1032... I see that you are in MA. I am having no luck finding a good used M3 in New England. Any tips?

05-23-2012, 07:04 PM	#1
Mass325Ci New Member Drives: 2011 E92 M3 Join Date: May 2012 Location: MA Posts: 15 iTrader: (0)	Is this car worth buying Hi Everyone. I have been lurking for a while... just looking for the right used M3. I wanted to wait for the new F80, but it is too far away and my E46 is really starting to feel old (although, it has been a perfect car). I am looking for an 08/09 coupe. This one has been on the market for months and it is still sitting. What is a realistic price for this car? Has it been sitting because of the lack of the technology package? It meets pretty much every other criteria I have. Should I try to work a deal, or will I really miss the adjustable settings? http://nitra.bmwcpodealer.com/cpo/Ve...-CT/1118348293 I'll also post to the FS/WTB forum, but I am basically looking for a manual white/grey/black coupe with black interior. Thanks in advance for the opinions/advice! I hope to be an active member once I get the M3.
	Tweet

05-23-2012, 08:08 PM	#4
BimmerFreakJoe Private Drives: 2008 E90 M3, 1995 M3 Race Car Join Date: May 2012 Location: Winchester TN 37398 Posts: 82 iTrader: (1) Garage List 1971 BMW 2002 [0.00] 2004 Mini Cooper S [0.00] 1995 M3 [0.00] 2008 BMW M3 [0.00]	What sort of E46 do you have? Im looking for a LSB or PY 6 speed.... __________________

05-23-2012, 08:16 PM	#6
THE TECH BimmerPost Supporting Vendor Drives: BPMsport 2012 E92 M3 Join Date: Jun 2011 Location: Kansas Posts: 11,884 iTrader: (39)	No offense, but if you can afford a new M3, why would you look into such an early model E92? __________________ Check us out on Facebook at BPMsportLabs

05-23-2012, 09:12 PM	#10
BimmerFreakJoe Private Drives: 2008 E90 M3, 1995 M3 Race Car Join Date: May 2012 Location: Winchester TN 37398 Posts: 82 iTrader: (1) Garage List 1971 BMW 2002 [0.00] 2004 Mini Cooper S [0.00] 1995 M3 [0.00] 2008 BMW M3 [0.00]	Hey Mass Shoot me an email joelundberg69 at gmail dot com __________________

05-23-2012, 10:41 PM	#11
inter1032 Major Drives: 2004 audi a4 Join Date: Jul 2008 Location: boston Posts: 1,080 iTrader: (0)	too expensive __________________ 2013 m3 ordered

05-23-2012, 07:18 PM	#2
RayC Lieutenant Drives: E90 M3 Join Date: Jun 2008 Location: Centreville, VA Posts: 544 iTrader: (4)	Yes. It's worth it if you can afford it. I always assumed it didn't sell as well as the e46 because of the state of the economy and rising gas prices, but I'm not sure. Love my car but I wouldn't recommend it to someone who can't afford it (not that I'm assuming you can/can't). Good luck with the car shopping!

05-23-2012, 07:40 PM	#3
Mass325Ci New Member Drives: 2011 E92 M3 Join Date: May 2012 Location: MA Posts: 15 iTrader: (0)	Thanks... luckily, affording it isn't an issue. It's more about appropriate value. I checked the car fax and it looks like it was a fleet vehicle. I just don't want to over-pay for a car with a shady background. It is CPO, so that is peace of mind. It's been for sale for 11 months, so I would think that it is over-priced. http://www.carfax.com/VehicleHistory...&partner=CDM_U

05-23-2012, 08:13 PM	#5
Mass325Ci New Member Drives: 2011 E92 M3 Join Date: May 2012 Location: MA Posts: 15 iTrader: (0)	2004 325Ci... 5 speed. It's got 141k miles, so it is getting up there. That said, I've never had a problem and it's going to be hard to let it go. It's been a great car. Only regret was not getting the ZHP.

05-23-2012, 08:29 PM	#7
Mass325Ci New Member Drives: 2011 E92 M3 Join Date: May 2012 Location: MA Posts: 15 iTrader: (0)	Good question... the plan was always to buy a new F80, but I just can't wait. It doesn't seem to make sense to buy a new M3 and then trade it in just two years later. I tend to keep cars for a while, so I don't mind spending $65k or $70k on a car I will keep for 5+ years. It seems excessive to do that for a car that I will only keep for a few years. Maybe I'm wrong... maybe the depreciation hit on a new vs used is pretty similar. I'll have to do some math and see how it works out.

05-23-2012, 08:38 PM	#8
RayC Lieutenant Drives: E90 M3 Join Date: Jun 2008 Location: Centreville, VA Posts: 544 iTrader: (4)	I guess I'm financially irresponsible, but I'm willing to take a hit for the chance to own a new car rather than used. Maybe I'm paranoid but I only consider used cars when I personally know the former owner. You just never know...

05-23-2012, 08:45 PM	#9
Mass325Ci New Member Drives: 2011 E92 M3 Join Date: May 2012 Location: MA Posts: 15 iTrader: (0)	Yah... I'm to analytical. I "could" go pay cash for a new M3, but logic (and my wife) would get in my way. I need to find the right balance. Thanks everyone for the input. I'll ping the dealership about the above M3. Any additional thoughts on the "fleet" status or a reasonable price for the car?

05-24-2012, 06:35 AM	#12
Mass325Ci New Member Drives: 2011 E92 M3 Join Date: May 2012 Location: MA Posts: 15 iTrader: (0)	Joe... email sent. inter1032... I see that you are in MA. I am having no luck finding a good used M3 in New England. Any tips?

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