How much did you pay for your used M3? - Page 54

Heckler · 01-23-2013, 12:18 PM

Quote:

Originally Posted by shaner2000

I thought he was asking where I was pricing mine at...

As I re-review it, you're probably right. My initial take was that the doubt on my deal was that is was from a non-dealer...

mdosu · 01-24-2013, 09:53 AM

whoa, you guys should not be paying anything in the $40k range for a car with over 40k miles on it. yikes.

shaner2000 · 01-24-2013, 10:26 AM

Quote:

Originally Posted by mdosu

whoa, you guys should not be paying anything in the $40k range for a car with over 40k miles on it. yikes.

Even for a 2010? Clearbook puts it at $41k. KBB and NADA same ballpark. Or are you just saying in general?

mdosu · 01-24-2013, 11:01 AM

Quote:

Originally Posted by shaner2000

Even for a 2010? Clearbook puts it at $41k. KBB and NADA same ballpark. Or are you just saying in general?

In my opinion, regardless of year, taking a car with over 40k on the clock is not worth $40k price. This thread shows that you can get cars with less than 30k miles for the same price.

If some of these cars have extended warranty, it adds some value, but you'll have to assess this yourself based on the remaining mileage and warranty info. Extended warranty costs around $5000 (i think, please obtain your own quotes from a dealer), but most of these CPO cars already had their "warranty punched" and are already on the clock within it's first year of extension.

My recommendation is buying a low mileage car (30k miles or below) with the balance of original warranty, and buy extended warranty afterwards to capture maximum time and miles of coverage. (or not buy extended at all) All this can be done in the $46k-$49k, if you're a savvy negoitator.

At the end of the day, it all depends on how long you want to keep your car, and how deep your pockets are today and in the future to buy and maintain (or fix) the car. Buying a preowned car is a smart financial move, (assuming you can afford the car to begin with), but you still shouldn't overpay. I bought mine in 2010 (i'm on page 1 of this thread), and my car has only depreciated 15% since then. Not bad.

Just my thought.

rondocap · 01-31-2013, 10:04 PM

Have you guys noticed prices dropping hard the last few months, especially January?

I've seen some nice 09's in the mid 30's, and 08's in the low 30s and even one at 29k.

Is it the new models dropping them?

mihink · 02-01-2013, 12:41 AM

Where are u seeing such low prices? On all the car buying sites, 08s are still in the low 40s with average miles

rondocap · 02-01-2013, 01:40 AM

I checked again, and the ones near $30k did have above average miles - but I found a few 08's with less than 50k around $35, and likewise some 09's in that same area depending on miles.

But they definitely dropped, I've been watching them since last year - and they seem to have dropped a little more than the average depreciation.

NHman · 02-01-2013, 06:36 AM

Quote:

Originally Posted by rondocap

Is it the new models dropping them?

I don't believe there will be any impact from the next generation M3/M4 until it is released. As the general public, we have only been exposed to the concept and picture of the engine. Let's see what the production version looks like and how it performs. Also as critical will be the price range.

I wouldn't be surprised if there are a few M3's available at a great price simply due to the owner being in a situation that forces the sale (of the car).

soniczoom · 02-01-2013, 08:08 AM

Dec 2012
2011.75 E90 M3
6,200
Bluetooth
Transmission

CT

Paid 51K; love the car, wanna drive it daily but prefer to keep the miles off of it!

BKarktic3 · 02-01-2013, 09:31 AM

When purchased: Dec '12
Year and Model: 08 e92 M3 SG/Fox Red/Carbon
Miles: 29,000
Options: Loaded
Transmission: DCT
Price paid: 39,900

Was hunting 09's and 10's in the mid-upper 40k's range, came across this one, was absolutely mint in the exact colors/options/trans that I wanted. Helped that is was at my favorite dealer that has been taking care of my other M for years.

mdosu · 02-02-2013, 04:21 PM

Quote:

Originally Posted by BKarktic3

When purchased: Dec '12
Year and Model: 08 e92 M3 SG/Fox Red/Carbon
Miles: 29,000
Options: Loaded
Transmission: DCT
Price paid: 39,900

Was hunting 09's and 10's in the mid-upper 40k's range, came across this one, was absolutely mint in the exact colors/options/trans that I wanted. Helped that is was at my favorite dealer that has been taking care of my other M for years.

good deal, congrats

Draxus · 02-04-2013, 02:53 AM

Man where are you guys finding these. Everything in the Washington state area is 50k+ no matter what.

NHman · 02-04-2013, 07:54 AM

Quote:

Originally Posted by Draxus

Man where are you guys finding these. Everything in the Washington state area is 50k+ no matter what.

Expand your search radius.

shaner2000 · 02-04-2013, 04:22 PM

Quote:

Originally Posted by Draxus

Man where are you guys finding these. Everything in the Washington state area is 50k+ no matter what.

08+ m3s within 150 miles of seattle

Draxus · 02-04-2013, 08:39 PM

Quote:

Originally Posted by shaner2000

08+ m3s within 150 miles of seattle

Oh wow, cars has listings I wasn't finding!

Thanks!

m3buckeye · 02-05-2013, 12:28 AM

www.cargurus.com

mdosu · 02-05-2013, 11:25 AM

Quote:

Originally Posted by mihink

Where are u seeing such low prices? On all the car buying sites, 08s are still in the low 40s with average miles

guys, seeing a low price is different from getting a low price. You have to offer to get what you want.

Who buys cars straight up on an ask quote? I mean, I know some cars are like that, but we're not in year 1 of buying an R8 or GTR or something like that. Even the buyers of new M3's are paying below MSRP right now.

skidmarq · 02-05-2013, 01:59 PM

When purchased: Jan '13
Year and Model: 08 e90 M3 AW/Gray
Miles: 25,200
Options: Loaded
Transmission: 6MT
Price paid: $38,500

Gsv77 · 02-05-2013, 08:05 PM

Purchased 2/5/13
2012 e92 MW
Black Extended Novillo
Prem
DCT
Competition
Heated Seats
Rear Sunshade
2,300 miles
$57k

Thrilled!

skidmarq · 02-05-2013, 11:02 PM

^ Smoking deal, congrats!

chief · 02-05-2013, 11:16 PM

Quote:

Originally Posted by Gsv77

Purchased 2/5/13
2012 e92 MW
Black Extended Novillo
Prem
DCT
Competition
Heated Seats
Rear Sunshade
2,300 miles
$57k

Thrilled!

WOW ! That's one of the best overall deals I've seen

There are cheaper cars on here for sure, but $57 for a heavily optioned 2012 is a great deal. Well done Sir!

Gsv77 · 02-05-2013, 11:27 PM

Thanks! Bought it from a Chevy dealership in Central Texas, wonderful folks but somewhat in the dark on what it really was. Epic! A serviceman bought it in Germany 3/12 at a steep military discount and traded it along with an M5 for a 60th anniversary Z06. A much crisper feel than the CPO 08 e92 with 50k miles I traded in, not to mention the iDrive improvements!

01-24-2013, 09:53 AM	#1168
mdosu Help! Can't decide btw MW & AW, 1st world problems Drives: 2008.99989 SSII E90 "Civic" Join Date: Oct 2009 Location: Northern Virginia Posts: 5,958 iTrader: (4)	whoa, you guys should not be paying anything in the $40k range for a car with over 40k miles on it. yikes. __________________ Yes, that's a xmas tree in my trunk

02-01-2013, 12:41 AM	#1172
mihink First Lieutenant Drives: '10 M3; '10 535i; '08 RX 350 Join Date: Oct 2005 Location: DC Metro/MD Posts: 352 iTrader: (4)	Where are u seeing such low prices? On all the car buying sites, 08s are still in the low 40s with average miles __________________ '10 BMW e60 535i. Monaco Blue/Saddle '08 Lexus RX 350. Bamboo Pearl/Parchment '10 BMW e92 M3. Melbourne Red/Black

02-01-2013, 08:08 AM	#1175
soniczoom S65 FTW!!! Drives: 2011 E90 BMW M3 Silverstone Join Date: Feb 2012 Location: Virginia Posts: 74 iTrader: (0) Garage List 2011 BMW M3 E90 [0.00]	Dec 2012 2011.75 E90 M3 6,200 Bluetooth TransmissionCT Paid 51K; love the car, wanna drive it daily but prefer to keep the miles off of it!

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01-31-2013, 10:04 PM	#1171
rondocap Lieutenant Drives: 335i Sedan Join Date: Feb 2012 Location: NY/NJ Posts: 409 iTrader: (0)	Have you guys noticed prices dropping hard the last few months, especially January? I've seen some nice 09's in the mid 30's, and 08's in the low 30s and even one at 29k. Is it the new models dropping them?

02-01-2013, 01:40 AM	#1173
rondocap Lieutenant Drives: 335i Sedan Join Date: Feb 2012 Location: NY/NJ Posts: 409 iTrader: (0)	I checked again, and the ones near $30k did have above average miles - but I found a few 08's with less than 50k around $35, and likewise some 09's in that same area depending on miles. But they definitely dropped, I've been watching them since last year - and they seem to have dropped a little more than the average depreciation.

02-01-2013, 09:31 AM	#1176
BKarktic3 Enlisted Member Drives: e92 M3 DCT Space Gray/Fox Red Join Date: Jan 2013 Location: Alpharetta, GA Posts: 34 iTrader: (0)	When purchased: Dec '12 Year and Model: 08 e92 M3 SG/Fox Red/Carbon Miles: 29,000 Options: Loaded Transmission: DCT Price paid: 39,900 Was hunting 09's and 10's in the mid-upper 40k's range, came across this one, was absolutely mint in the exact colors/options/trans that I wanted. Helped that is was at my favorite dealer that has been taking care of my other M for years.

02-04-2013, 02:53 AM	#1178
Draxus Private Drives: MK4 R32 Join Date: Sep 2012 Location: United States Posts: 50 iTrader: (0)	Man where are you guys finding these. Everything in the Washington state area is 50k+ no matter what.

02-05-2013, 12:28 AM	#1182
m3buckeye will bring some beers Drives: Cayenne S, e93, Yukon XL Join Date: Jul 2012 Location: Kali Posts: 82 iTrader: (0)	www.cargurus.com

02-05-2013, 01:59 PM	#1184
skidmarq Private Drives: 2013 E92 M3 Join Date: Jan 2013 Location: Pacific NW Posts: 64 iTrader: (4)	When purchased: Jan '13 Year and Model: 08 e90 M3 AW/Gray Miles: 25,200 Options: Loaded Transmission: 6MT Price paid: $38,500

02-05-2013, 08:05 PM	#1185
Gsv77 New Member Drives: 2012 MW e92 ZCP Join Date: Jul 2012 Location: Austin, Texas Posts: 14 iTrader: (0)	Purchased 2/5/13 2012 e92 MW Black Extended Novillo Prem DCT Competition Heated Seats Rear Sunshade 2,300 miles $57k Thrilled!

02-05-2013, 11:02 PM	#1186
skidmarq Private Drives: 2013 E92 M3 Join Date: Jan 2013 Location: Pacific NW Posts: 64 iTrader: (4)	^ Smoking deal, congrats!

02-05-2013, 11:27 PM	#1188
Gsv77 New Member Drives: 2012 MW e92 ZCP Join Date: Jul 2012 Location: Austin, Texas Posts: 14 iTrader: (0)	Thanks! Bought it from a Chevy dealership in Central Texas, wonderful folks but somewhat in the dark on what it really was. Epic! A serviceman bought it in Germany 3/12 at a steep military discount and traded it along with an M5 for a 60th anniversary Z06. A much crisper feel than the CPO 08 e92 with 50k miles I traded in, not to mention the iDrive improvements!