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      07-03-2017, 02:10 PM   #1
motion732
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Fair deal? '08 E92, 60k miles, $30k

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?
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      07-04-2017, 04:07 AM   #2
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Quote:
Originally Posted by motion732 View Post
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
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      07-04-2017, 07:16 AM   #3
motion732
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Thanks. Looks like someone may have went for it. Still don't think it's a fair price though.
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      07-04-2017, 05:39 PM   #4
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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.
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      07-07-2017, 10:37 AM   #5
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Quote:
Originally Posted by motion732 View Post
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
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      08-03-2017, 11:55 AM   #6
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Did anyone from this forum buy this car and return it? I saw that the listing resurfaced.
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      08-03-2017, 12:15 PM   #7
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I think I saw this car posted somewhere before. It registered to me because of the 6 MPG. Lowest I've ever seen.
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      08-03-2017, 12:42 PM   #8
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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.
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      08-03-2017, 12:46 PM   #9
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Quote:
Originally Posted by kcohen View Post
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.
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      08-03-2017, 12:49 PM   #10
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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.
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      08-03-2017, 02:24 PM   #11
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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.
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      08-03-2017, 02:44 PM   #12
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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.

Last edited by jlo0109; 08-03-2017 at 02:52 PM.
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      08-03-2017, 03:08 PM   #13
motion732
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Ended up with an 08 in better shape, more features, less miles for 26.3k
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      08-03-2017, 09:07 PM   #14
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Quote:
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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!
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      08-04-2017, 12:23 PM   #15
motion732
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Quote:
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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!
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