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      11-01-2011, 11:46 AM   #1
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How close to invoice can I expect to pay on a M3?

Guys,

I am looking to get out of my 135 and into an M3--wanted a 1M, but that's not going to happen.

I am used to dealing with the invoice/VIR price, but I have never had an M. I have contacted all dealers in the Midwest (I am in Indiana) and most are requesting anywhere from 2-3K above invoice. Or basically the difference between invoice and MSRP.

I have had one dealer offer an M3 for 1K over invoice--but I wondered what others had been able to get recently?

Thanks in advance.

EDIT--and when does E90 M3 production stop? Was in October? Or is it in November?
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      11-01-2011, 12:27 PM   #2
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A lof of people here can easily do $600 over invoice. If you qualify for the loyalty discount, that'll get you out for $400 under.

I think you're too late on the E90, I believe that all production slots have been spoken for. Production was supposed to stop in Oct, guess they got more orders than anticipated?
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      11-01-2011, 12:32 PM   #3
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Originally Posted by eisenb11 View Post
A lof of people here can easily do $600 over invoice. If you qualify for the loyalty discount, that'll get you out for $400 under.

I think you're too late on the E90, I believe that all production slots have been spoken for. Production was supposed to stop in Oct, guess they got more orders than anticipated?
Thanks for the info--this dealer claims that there are still 2 E90 M3 spots in the Midwest region, if I understand correctly.

I got my last 135 from David Aviles in Maryland, who always seems to deal from the invoice level. Unfortunately, it looks like he wasn't going to be able to give enough on my trade to make it financially reasonable.

$600 over invoice seems pretty fair--thanks for the figure--I think I will counter with that. And my last 4 cars have been BMWs, so I would certainly think I would qualify for the loyalty credit.

The guy I am talking to now is in Iowa and seems to be in the right ballpark for me to get an E92, trade and all, for about ~$950 a month. We will see.
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      11-01-2011, 12:43 PM   #4
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If anyone would know it would be Ryan Amico at Steve Thomas BMW. He is all over these forums and many have bought from him. I'd send him an email and he can tell you what's available and how the car would be delivered to you. his email is ramico@stevethomasbmw.com. He seems to make the whole buying experience very easy. I bought a E93 from a local dealer and negotiated $500 over invoice.
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      11-01-2011, 12:47 PM   #5
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If anyone would know it would be Ryan Amico at Steve Thomas BMW. He is all over these forums and many have bought from him. I'd send him an email and he can tell you what's available and how the car would be delivered to you. his email is ramico@stevethomasbmw.com. He seems to make the whole buying experience very easy. I bought a E93 from a local dealer and negotiated $500 over invoice.
That's a great suggestion--I have talked to Ryan many times. He is always easy to deal with--the only problem for me is that I am in Indiana...and he is in California.

So I would either have to drive or ship my 135 out to him...and drive or ship the M3 (ok, drive) back to Indy...makes it a little more difficult, but obviously not his fault at all.
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      11-01-2011, 12:53 PM   #6
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have you tried putting the 135 up for sale to see how you'd fare if you sold privately? I'm sure you know from selling many cars that you're gonna get the wholesale price from the dealer and even worse, if you go to them with a combination offer (trade and purchase) you're giving them the opportunity to really low-ball your trade to make up for discounting the new car.....always negotiate the new car price first, then deal with the trade. just my two cents........
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      11-01-2011, 12:58 PM   #7
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kevin mellet at pappsport bmw 500 over and trade we can work out ?
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      11-01-2011, 01:04 PM   #8
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Quote:
Originally Posted by dmboone25 View Post
That's a great suggestion--I have talked to Ryan many times. He is always easy to deal with--the only problem for me is that I am in Indiana...and he is in California.

So I would either have to drive or ship my 135 out to him...and drive or ship the M3 (ok, drive) back to Indy...makes it a little more difficult, but obviously not his fault at all.
I have ordered mine from Ryan, about 600 over invoice. so far so good. he's been great to deal with so far.......... and I am in Oklahoma. hope things keep working out.......
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      11-01-2011, 01:35 PM   #9
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OP,

Ryan Amico (west coast) and David Aviles (east coast) have gotten the best feedback around here and both are very close to invoice pricing on a new M3. So it depends on your location and preference, and in your case, negotiating trade-in value.

I'm considering a new M3 this spring and will probably go through one of them. Unless a local dealer here in Cleveland is willing to match or do better, which is unlikely.

I believe it is too late to order a new M3 sedan, production ended in October.

If you're worried about the drive back to Indiana, just do performance center delivery. You get to beat on their M3, learn how to drive it, then take yours back home just in time for the 1200 mile service. Folks on here have posted pictures with their cars all wrapped up and protected just for the drive home, too. I'm strongly considering this myself, in addition to ED, to get the whole experience

As mentioned above, it may be worth your time to consider selling your 135 on your own - the return will probably be a lot better than a trade-in offer.

Hope that helps,

JM
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      11-01-2011, 01:49 PM   #10
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Quote:
Originally Posted by bvernon View Post
have you tried putting the 135 up for sale to see how you'd fare if you sold privately? I'm sure you know from selling many cars that you're gonna get the wholesale price from the dealer and even worse, if you go to them with a combination offer (trade and purchase) you're giving them the opportunity to really low-ball your trade to make up for discounting the new car.....always negotiate the new car price first, then deal with the trade. just my two cents........
That's a good point...but I was kind of in the place where if I could get reasonably close to my payoff, say within 2K, I wouldn't really care...but I know what you are saying for sure...
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      11-01-2011, 01:51 PM   #11
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Quote:
Originally Posted by jmarino21 View Post
OP,

Ryan Amico (west coast) and David Aviles (east coast) have gotten the best feedback around here and both are very close to invoice pricing on a new M3. So it depends on your location and preference, and in your case, negotiating trade-in value.

I'm considering a new M3 this spring and will probably go through one of them. Unless a local dealer here in Cleveland is willing to match or do better, which is unlikely.

I believe it is too late to order a new M3 sedan, production ended in October.

If you're worried about the drive back to Indiana, just do performance center delivery. You get to beat on their M3, learn how to drive it, then take yours back home just in time for the 1200 mile service. Folks on here have posted pictures with their cars all wrapped up and protected just for the drive home, too. I'm strongly considering this myself, in addition to ED, to get the whole experience

As mentioned above, it may be worth your time to consider selling your 135 on your own - the return will probably be a lot better than a trade-in offer.

Hope that helps,

JM
I actually bought the 135 from David--he is great to work with and made the process really easy. It just seems like he isnt offering as much as other dealers on the trade--there is about a 4K difference between him and my best offer so far...that's nothing to sneeze at...

I might try and put the 135 up for sale...see what kind of hits I get...thanks again for all the help guys...

And if I end up ordering the car, you can bet I will do the delivery down in South Carolina...I have been there with my dad in his Z4M and we had a helleva time...
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      11-01-2011, 01:55 PM   #12
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Originally Posted by m3mellett View Post
kevin mellet at pappsport bmw 500 over and trade we can work out ?
PM sent...
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      11-01-2011, 01:58 PM   #13
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Quote:
Originally Posted by dmboone25 View Post
That's a great suggestion--I have talked to Ryan many times. He is always easy to deal with--the only problem for me is that I am in Indiana...and he is in California.

So I would either have to drive or ship my 135 out to him...and drive or ship the M3 (ok, drive) back to Indy...makes it a little more difficult, but obviously not his fault at all.
lol, I don't know my invoice price, but my MSRP is 75XXX, I got 71XXX for that, Im in IN also. Purdue university...
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      11-01-2011, 02:09 PM   #14
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lol, I don't know my invoice price, but my MSRP is 75XXX, I got 71XXX for that, Im in IN also. Purdue university...
Damn! Not bad for a Boilermaker. I had an 87 Civic when I was in college--good for you!
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      11-01-2011, 02:20 PM   #15
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Damn! Not bad for a Boilermaker. I had an 87 Civic when I was in college--good for you!
Boiler UP!
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      11-01-2011, 02:25 PM   #16
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lol, I don't know my invoice price, but my MSRP is 75XXX, I got 71XXX for that, Im in IN also. Purdue university...
Sounds about right. I believe that my number was MSRP 78XXX and the deal is for 73XXX.
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      11-01-2011, 02:37 PM   #17
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Boiler UP!
OH YEA, BOILER UP!!!
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      11-01-2011, 02:39 PM   #18
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OH YEA, BOILER UP!!!
are you at Purdue?
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      11-01-2011, 02:41 PM   #19
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Sounds about right. I believe that my number was MSRP 78XXX and the deal is for 73XXX.
What did u add to your M3..I had everything except BMW APPS, and auto high beam..
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      11-01-2011, 03:16 PM   #20
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are you at Purdue?
I wish. Graduated in 1989. Coming back for Mackey rededication game 11/11/11 and OSU football weekend though.
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      11-01-2011, 03:32 PM   #21
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I see, our football team is not doing well this year. You might be disappointed lol
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Last edited by Zzhou; 11-01-2011 at 03:45 PM..
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      11-01-2011, 04:14 PM   #22
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What did u add to your M3..I had everything except BMW APPS, and auto high beam..
metallic paint, DCT, premium, competition, enhanced sound, apps, performance exhaust.
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