2011 Melbourne M3 11k miles

Swiftym3 · 06-17-2014, 02:52 PM

Just wondering what you guys think this car is worth. Looks to be in the condition you would assume a car to be in with only 11k miles

Clean car fax
2011
11K miles
6spd
tech
prem
cold weather
enhanced prem sound
carbon roof

izzyM2 · 06-17-2014, 03:14 PM

What is the asking price?

Swiftym3 · 06-17-2014, 04:13 PM

Quote:

Originally Posted by izzyM3

What is the asking price?

49.9

Yoddha · 06-17-2014, 07:48 PM

Quote:

Originally Posted by Swiftym3

49.9

Little bit too high...try knocking the price down with the seller.

tinman831 · 06-17-2014, 07:50 PM

It's fairly reasonable given the low miles. I'd still lowball if I were the buyer.

Swiftym3 · 06-17-2014, 09:32 PM

Quote:

Originally Posted by tinman831

It's fairly reasonable given the low miles. I'd still lowball if I were the buyer.

It's at a dealer. I know they will tell me to pound sand if i lowball. I was thinking 47.5 would be fair.. but if i start there i have no room.

M3-S65 · 06-17-2014, 10:31 PM

Honestly check KBB....http://www.kbb.com/
your just going to get a bunch of people acting like The negotiator on the forum...dealerships know what they paid and what they want and are willing to wait it out...typically if you low ball them will simply not take you serious ...you can try to go low but your 47.5 is a bit low I think...it is a good place to start.

KBB is always the most realistic...
Shows 48.9 to 50k private party
Dealer 50 to 54

Typically if you can get the private party price from a dealer you are making a good deal....sounds like its priced fairly already you can maybe get it for 48 to 49k and it will be a very fair deal! Especially with only a 11k miles...!

Flea7 · 06-17-2014, 10:51 PM

I have to agree with M3-S65. Seems like a fair price. I'm surprised at 11k miles for 2011.

GTB/ZR-1 · 06-17-2014, 10:58 PM

Quote:

Originally Posted by Swiftym3

I was thinking 47.5 would be fair.. but if i start there i have no room.

Anything near that number is a really nice deal on that car.

I gave $51.2k for my high-optioned 2300mi (!) E90 last month--worth every penny...

GLWP!

Swiftym3 · 06-17-2014, 11:22 PM

Thanks for the feedback. I honestly love the Melbourne color but red on red is kind've overkill. Honestly wish it was black int. I should consider this though..

414M3 · 06-17-2014, 11:24 PM

Paid 44 for a 2011 E92 with 29k miles and similar options but it had Competition package and DCT. I would say $47k would be fair.

fuddman · 06-17-2014, 11:47 PM

If this is the car at Project One Auto, then CARFAX disclosures on the car convey a strange past. Which may be why they, CARFAX, value the car down.

If I were you I'd review the history of the car carefully. Among other things, try to find out if it was the BMW dealer who gave it up to auction. If he did, that would not be a good sign. IMO, auction cars, while cheaper, are usually saddled with some sort of problem.

Swiftym3 · 06-17-2014, 11:54 PM

What did you see that was strange

highmodulus · 06-18-2014, 07:33 AM

Quote:

Originally Posted by Swiftym3

Thanks for the feedback. I honestly love the Melbourne color but red on red is kind've overkill. Honestly wish it was black int. I should consider this though..

Red over red is a hard sale, plus its going out of Warranty. $46k tops.

sgrinavi · 06-18-2014, 12:20 PM

Red on Red might sit on the lot for a few weeks. I'd wait a while.

Swiftym3 · 06-18-2014, 12:45 PM

Quote:

Originally Posted by highmodulus

Red over red is a hard sale, plus its going out of Warranty. $46k tops.

Yeah I was thinking that. It also is not very common. So might be a rare car with low miles for the money.

highmodulus · 06-19-2014, 09:30 AM

Quote:

Originally Posted by Swiftym3

Yeah I was thinking that. It also is not very common. So might be a rare car with low miles for the money.

Carmax had a red over red M3 in our area, and that thing sat for quite a while. They ended up dropping the price quite a bit.

badbeef · 06-19-2014, 11:04 AM

From a dealer I would say it would be sold for 47.5/48 without Cpo, or 51 with. That's tough.... Red on red would sit for awhile, but with those miles who knows. You could always ask for Cpo and negotiate on that.

badbeef · 06-19-2014, 11:17 AM

From a dealer I would say it would be sold for 47.5/48 without Cpo, or 51 with. That's tough.... Red on red would sit for awhile, but with those miles who knows. You could always ask for Cpo and negotiate on that.

pkimM3r · 06-19-2014, 03:41 PM

Quote:

Originally Posted by tinman831

It's fairly reasonable given the low miles. I'd still lowball if I were the buyer.

i got mine for 50k at 4500 miles.

06-17-2014, 02:52 PM	#1
Swiftym3 Lieutenant 261 Rep 573 Posts Drives: 2008 E90 M3 Join Date: Jun 2013 Location: Upstate, NY iTrader: (8) Garage List 2001 BMW M3 Vert [0.00] 1995 BMW M3 [0.00] 2005 E83 X3 [10.00]	2011 Melbourne M3 11k miles Just wondering what you guys think this car is worth. Looks to be in the condition you would assume a car to be in with only 11k miles Clean car fax 2011 11K miles 6spd tech prem cold weather enhanced prem sound carbon roof
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06-17-2014, 03:14 PM	#2
izzyM2 Major 706 Rep 1,248 Posts Drives: 24’M2/21ID.4/21’MacanGTS Join Date: Sep 2012 Location: SoCal iTrader: (4)	What is the asking price?
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06-17-2014, 07:50 PM	#5
tinman831 Captain 20 Rep 816 Posts Drives: M3 Join Date: Oct 2013 Location: DFW iTrader: (0)	It's fairly reasonable given the low miles. I'd still lowball if I were the buyer.
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06-17-2014, 10:31 PM	#7
M3-S65 Banned 43 Rep 881 Posts Drives: M3 Join Date: Dec 2013 Location: USA iTrader: (6)	Honestly check KBB....http://www.kbb.com/ your just going to get a bunch of people acting like The negotiator on the forum...dealerships know what they paid and what they want and are willing to wait it out...typically if you low ball them will simply not take you serious ...you can try to go low but your 47.5 is a bit low I think...it is a good place to start. KBB is always the most realistic... Shows 48.9 to 50k private party Dealer 50 to 54 Typically if you can get the private party price from a dealer you are making a good deal....sounds like its priced fairly already you can maybe get it for 48 to 49k and it will be a very fair deal! Especially with only a 11k miles...! Last edited by M3-S65; 06-17-2014 at 10:38 PM..
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06-17-2014, 10:51 PM	#8
Flea7 Major 112 Rep 1,260 Posts Drives: E92 M3 6MT/F48 X1/F430/F12 Join Date: Oct 2007 Location: PNW iTrader: (6) Garage List 2016 X1 [0.00] 2008 E92 M3 [0.00] 2005 Ferrari F430 [0.00] 2014 Ferrari F12 Be ... [10.00]	I have to agree with M3-S65. Seems like a fair price. I'm surprised at 11k miles for 2011. __________________
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06-17-2014, 11:22 PM	#10
Swiftym3 Lieutenant 261 Rep 573 Posts Drives: 2008 E90 M3 Join Date: Jun 2013 Location: Upstate, NY iTrader: (8) Garage List 2001 BMW M3 Vert [0.00] 1995 BMW M3 [0.00] 2005 E83 X3 [10.00]	Thanks for the feedback. I honestly love the Melbourne color but red on red is kind've overkill. Honestly wish it was black int. I should consider this though..
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06-17-2014, 11:24 PM	#11
414M3 Private 34 Rep 79 Posts Drives: F10 550xi, E92 M3 Join Date: Mar 2011 Location: Seattle iTrader: (0)	Paid 44 for a 2011 E92 with 29k miles and similar options but it had Competition package and DCT. I would say $47k would be fair.
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06-17-2014, 11:47 PM	#12
fuddman Major 354 Rep 1,405 Posts Drives: 528-maybe Join Date: Aug 2010 Location: California iTrader: (0)	If this is the car at Project One Auto, then CARFAX disclosures on the car convey a strange past. Which may be why they, CARFAX, value the car down. If I were you I'd review the history of the car carefully. Among other things, try to find out if it was the BMW dealer who gave it up to auction. If he did, that would not be a good sign. IMO, auction cars, while cheaper, are usually saddled with some sort of problem.
	Appreciate 0 Quote

06-17-2014, 11:54 PM	#13
Swiftym3 Lieutenant 261 Rep 573 Posts Drives: 2008 E90 M3 Join Date: Jun 2013 Location: Upstate, NY iTrader: (8) Garage List 2001 BMW M3 Vert [0.00] 1995 BMW M3 [0.00] 2005 E83 X3 [10.00]	What did you see that was strange
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06-18-2014, 12:20 PM	#15
sgrinavi Lieutenant 68 Rep 401 Posts Drives: 2012 911GTS & 2014 X1 Join Date: Aug 2012 Location: SW FL iTrader: (1) Garage List 2013 Porsche 911S [0.00]	Red on Red might sit on the lot for a few weeks. I'd wait a while.
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06-19-2014, 11:04 AM	#18
badbeef Second Lieutenant 49 Rep 244 Posts Drives: 3 pedals Join Date: Mar 2014 Location: USA iTrader: (0)	From a dealer I would say it would be sold for 47.5/48 without Cpo, or 51 with. That's tough.... Red on red would sit for awhile, but with those miles who knows. You could always ask for Cpo and negotiate on that.
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06-19-2014, 11:17 AM	#19
badbeef Second Lieutenant 49 Rep 244 Posts Drives: 3 pedals Join Date: Mar 2014 Location: USA iTrader: (0)	From a dealer I would say it would be sold for 47.5/48 without Cpo, or 51 with. That's tough.... Red on red would sit for awhile, but with those miles who knows. You could always ask for Cpo and negotiate on that.
	Appreciate 0 Quote