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      10-03-2012, 12:52 PM   #1
mauibuilt_328
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2008 E90 M3 Pricing?

Looking at trading in my 2011 328i E92 w/ MSport. There's a 2008 E90 M3 nearby with 40,xxx miles. It's CPO'd and they're asking $41,988. What does everyone think about this pricing?
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      10-03-2012, 12:53 PM   #2
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i would say for the mileage and year you should be able to get it under 40 even with the cpo. if you can take it.
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      10-03-2012, 01:40 PM   #3
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I learned the market is quite soft for '08 E90s (just sold mine last month). You should get one in the mid-$30Ks even with less than 40K miles on the clock.

It's worth forking over more for an '09 -- the updated tails/trunk look so much better IMO, as well as updated iDrive. Those two things bugged me the most about my '08, and I always regretted not going for an '09+ instead.
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      10-03-2012, 02:41 PM   #4
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the market may be soft bc they are coming off warranty/maintenance.i got mine w/36k miles non-cpo for high 30's in april,which means the first owner ate about $30k in depreciation.

i have gotten some things on warranty (the biggest was a trans),the car was local,well-cared for,and equipped almost exactly like i wanted it.i didn't want nav,and like the 08 tails fine,so this was a perfect opportunity for me.i think the price was fair to maybe $1 or 2k high,but it was well worth it because of this unique blend of factors.
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      10-03-2012, 02:59 PM   #5
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what options, colors? be more specific
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      10-03-2012, 05:51 PM   #6
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CPO adds a few thousand to the value (at least according to my bank)

I would expect to pay 35-36k with 50k+ miles and closer to 40 as the miles drop down.

I paid $39,750 for mine a couple months ago, fully loaded w/ 21k miles fresh out of the BMW Lease Auction. Non-CPO, Just out of warranty, but new PS2's and serviced by the dealer prior to me getting it.

If the car is fully loaded, I would try and get the dealer down to 38-39 for the M3 you're looking at. CPO warranty is nice to have.
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      10-03-2012, 06:46 PM   #7
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these low prices on 08s make me wanna . guess it doesnt matter as i plan to keep mine forever. dinan may even get me to purchase a stroker motor if mine goes at some point.
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      10-03-2012, 06:50 PM   #8
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Quote:
Originally Posted by 8_is_enough View Post
I learned the market is quite soft for '08 E90s (just sold mine last month). You should get one in the mid-$30Ks even with less than 40K miles on the clock.

It's worth forking over more for an '09 -- the updated tails/trunk look so much better IMO, as well as updated iDrive. Those two things bugged me the most about my '08, and I always regretted not going for an '09+ instead.
Pretty much this.

$42k seems awfully generous for an 08.
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      10-03-2012, 09:22 PM   #9
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38-40k seems to be the right price point for an 08 car under 40,000 miles at a dealer. I paid in that range for mine and a quick Autotrader search across the entire country proves that. Thats for a non-CPO car so add 3k+ for CPO.

Looking at the Manheim auction transactions over the past few days dealers are still paying upwards of $36,000-$38,000 for the M3s in that mileage range with a high quality grade. They are not going to sell to anyone without some profit.

Definitely looks like you can get to the mid-low 30s if you're willing to break the 55-60k mileage mark.
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