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      06-09-2012, 02:35 PM   #1
Mass325Ci
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Drives: 2011 E92 M3
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Finally made a deal... did I get a good price?

I have been looking for an 08/09 CPO for a few months, but have not had any luck. I was hoping for something in the mid-40s and was close on two deals, but had the cars bought out from under me.

The local dealer called with a 2011. Here are the details:

Year and Model: 2011 M3 E92 Black on Black
Miles: 33K
Options: everything but comp package
Transmission: 6 speed
Paid: $52,900 (listed for $54K)

The car has high miles for a 2011, but is in perfect condition. I don't feel like I got a great deal, but considering that the only other cars within 300 miles are 09s and the dealers will not go under $52,500, I feel like it's the best I could expect.

Thoughts? I put a deposit, but don't sign papers until Monday.
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      06-09-2012, 03:12 PM   #2
PhillyNate
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It all depends on your level of comfort with the deal. Not ours. I won't comment on the deal directly but regardless of what you end up paying on this particular car, GET EVERY DAMN SERVICE RECORD POSSIBLE before signing. Make sure it's CPO'd too. Good luck.
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      06-09-2012, 03:36 PM   #3
Mass325Ci
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Drives: 2011 E92 M3
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I am pretty comfortable given all the other deals I have seen around here. Bottom line is that I am thrilled to finally get an M3 and it's within my budget. Car was bought and serviced at the same dealer where I am buying. I have all service records... only regular maintenance and nothing out of the ordinary.

That said, it's always good to hear a second opinion on whether I am getting screwed and should walk away from the deal!
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      06-09-2012, 03:56 PM   #4
MMME30W
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High miles could be ok, maybe, if it was highway miles?

I think 52.9 for a '11 sounds like a pretty decent deal to me.
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