Fair deal? '08 E92, 60k miles, $30k

[motion732]

Found this '08 e92 on carvana: https://www.carvana.com/search/20000...mw-m3-coupe-2d

It appears to be in good shape but the price feels about $3-4k too high. it has ZERO features (no navigation, premium, tech, etc. packages) and they claim 2 owners. However, if you look at the carfax, it was actually a manufacturer's vehicle for 3k miles before being sold at auction. i called bmw and they couldn't give me info on what it was used for under their ownership. I asked if it was possibly used at a M experience center and they said it's 'certainly possible'.

i feel like there are too many points against this car at this price point. they are not negotiable. too bad, ssii w/ cf roof is exactly what i'm looking for.

what're your thoughts?

[GeorgeA]

Originally Posted by motion732

Found this '08 e92 on carvana: https://www.carvana.com/search/20000...mw-m3-coupe-2d

It appears to be in good shape but the price feels about $3-4k too high. it has ZERO features (no navigation, premium, tech, etc. packages) and they claim 2 owners. However, if you look at the carfax, it was actually a manufacturer's vehicle for 3k miles before being sold at auction. i called bmw and they couldn't give me info on what it was used for under their ownership. I asked if it was possibly used at a M experience center and they said it's 'certainly possible'.

i feel like there are too many points against this car at this price point. they are not negotiable. too bad, ssii w/ cf roof is exactly what i'm looking for.

what're your thoughts?

Did they use manuals at the M experience center? Might be a press car. But might just as easily be a car driven by one of the executives and properly cared for.

Looks to be in good shape though

[motion732]

Thanks. Looks like someone may have went for it. Still don't think it's a fair price though.

[dparm]

That price seems high for a 2008 M3 that is effectively a stripper. I know some people like fewer options, but I wouldn't pay $30k for that car.

[guarnibl]

Originally Posted by motion732

Found this '08 e92 on carvana: https://www.carvana.com/search/20000...mw-m3-coupe-2d

It appears to be in good shape but the price feels about $3-4k too high. it has ZERO features (no navigation, premium, tech, etc. packages) and they claim 2 owners. However, if you look at the carfax, it was actually a manufacturer's vehicle for 3k miles before being sold at auction. i called bmw and they couldn't give me info on what it was used for under their ownership. I asked if it was possibly used at a M experience center and they said it's 'certainly possible'.

i feel like there are too many points against this car at this price point. they are not negotiable. too bad, ssii w/ cf roof is exactly what i'm looking for.

what're your thoughts?

About 6-7k too high IMO
Gotta start high tho

[slowm3sedan]

Did anyone from this forum buy this car and return it? I saw that the listing resurfaced.

[Wehput_m3]

I think I saw this car posted somewhere before. It registered to me because of the 6 MPG. Lowest I've ever seen.

[slowm3sedan]

Originally Posted by Wehput_m3

I think I saw this car posted somewhere before. It registered to me because of the 6 MPG. Lowest I've ever seen.

that's a good eye. Somebody was having fun with this car. It's the exact setup I'm looking for, but I am a bit skeptical since the car was returned on their 7 day no questions policy.

[tdott]

Originally Posted by kcohen

that's a good eye. Somebody was having fun with this car. It's the exact setup I'm looking for, but I am a bit skeptical since the car was returned on their 7 day no questions policy.

It could just mean that it was idled a lot and only driven a short distance, which is pretty typical when a car is on a dealership lot.

Go see the car, compare it to what others are going for, if it's in better condition and has lower miles that ones going for $25k then you have your answer, it's upto you if it's worth it or not.

IMO options mean nothing at this age and price/point. Some would prefer a stripper.

[jlo0109]

This is considered a unicorn. This would essentially be any M enthusiast's most favorable. The quantity of these unicorns is extremely low, hence why the price is driven higher than anticipated.

[M3FISH]

Originally Posted by jlo0109

This is considered a unicorn. This would essentially be any M enthusiast's most favorable. The quantity of these unicorns is extremely low, hence why the price is driven higher than anticipated.

I love how you guys consider a baseline, no options, bottom of the line M3 a unicorn lol. That is way overpriced.

[jlo0109]

Originally Posted by M3FISH

I love how you guys consider a baseline, no options, bottom of the line M3 a unicorn lol. That is way overpriced.

I love how you consider something that had the lowest production number throughout the duration of e9x M3 production not a unicorn. Just because it is loaded with a bunch of overly priced features that BMW offer, it doesn't mean the car is rare. On the contrary, a minimal featured BMW with no Navi, no heated seat, no iDrive, doesn't mean that it isn't rare, or a unicorn.

[motion732]

Ended up with an 08 in better shape, more features, less miles for 26.3k

[slowm3sedan]

Originally Posted by motion732

Ended up with an 08 in better shape, more features, less miles for 26.3k

Wow now that's a good deal. Maybe I should keep hunting. I just want one of these bad boys already!

[motion732]

Originally Posted by kcohen

Wow now that's a good deal. Maybe I should keep hunting. I just want one of these bad boys already!

it is a good deal. it needs tires soon and valve cover gaskets replaced, so i was able to shave a good bit of what the owner asked. these issues were discovered via PPI so always be sure to have one done independently before purchasing!