How much did you pay for your used M3?

[Hotnickz07]

Hey guys im currently looking for a e93 08 m3, and found one that im currently working a deal on.I will be trading in my e92 11 335xi as well for this M. Dealer wants 39k for the M and is giving me 38k for my 335 and i still owe 40,200.The M3 is BLK/BLK with all packages. Car has a accident claim, apparently previous owner backed up to something and filed a claim to fix a dent on righ/rear. Its also a DCT and is in great shape overall.Out the door and total amount financed it will be 42800 including taxes, title,the upsidedown amount on my 335 and blah blah blah. what do yall think

[VitaminT]

How many miles? I can't speak about the trade but depending on the miles that price looks good. Is it CPO?

[Hotnickz07]

Originally Posted by VitaminT

How many miles? I can't speak about the trade but depending on the miles that price looks good. Is it CPO?

Car has 49000 miles and it is not a CPO , sorry i did not mention this before

[VitaminT]

I still think for a 'vert it is a good deal. There is one for sale near me that is $43900 and is a similar setup...DCT, space grey, FR, tech, prem, hifi, etc with 48900 miles.

[mjposner]

Looking at an 08 Convertible with 26k miles, DCT, Nav, Red over Black. Warranty till 10/29/2012. Drove car and it was brilliant.

Only issues I see are mismatched tires (good on back, cheap all seasons on front) and Carfax shows this: Accident reported, Involving left front impact, It hit a motor vehicle
Vehicle functional, Airbags did not deploy

Looking at the car and engine nothing seems amiss after the repair except that the gap between the back of the hood on the passenger side seems about 1/8th inch wider then on driver's side. Also air dam at bottom seems lose at center and one of the low hanging black flaps is missing.

Given this, what is a fair price?

[mjposner]

Here are the pics (sorry so small):

Left Side:



Right Side:

[CMW33]

Originally Posted by mjposner

Looking at an 08 Convertible with 26k miles, DCT, Nav, Red over Black. Warranty till 10/29/2012. Drove car and it was brilliant.

Only issues I see are mismatched tires (good on back, cheap all seasons on front) and Carfax shows this: Accident reported, Involving left front impact, It hit a motor vehicle
Vehicle functional, Airbags did not deploy

Looking at the car and engine nothing seems amiss after the repair except that the gap between the back of the hood on the passenger side seems about 1/8th inch wider then on driver's side. Also air dam at bottom seems lose at center and one of the low hanging black flaps is missing.

Given this, what is a fair price?

Maybe very very high 30s? The accident and shoddy condition should give you leverage but also should give you pause...

[mjposner]

Non-negotiable at $41,999.

[VitaminT]

It wouldn't look attractive to ME at that price.

[mjposner]

I have looked all around and their are no low mileage verts for under 40k

[Crazy Bimmer]

Bought on 11/12/11

2009 M3 Sedan
19k miles
6MT
Premium
Sunroof
Sat Radio
Ipod
Alarm
Heated Seats
Factory Warranty until 8/13
Paid $45k at a BMW dealer, not CPO.

[sqweak]

Bought today 12/04/11

2008 M3 Sedan
Sparkling Graphite/Black Leather/Carbon Leather
37k Miles
6MT
Premium
EDC
PDC (rear)
iPod
19"
CPO

39995 + TTL

[Poofyo101]

Originally Posted by mjposner

I have looked all around and their are no low mileage verts for under 40k

Because they are worth more than that. Its hard enough getting a a "low" mileage m3 under 40K. Most verts sticker at 75+. Maybe another year.

[mdosu]

Originally Posted by Crazy Bimmer

Bought on 11/12/11

2009 M3 Sedan
19k miles
6MT
Premium
Sunroof
Sat Radio
Ipod
Alarm
Heated Seats
Factory Warranty until 8/13
Paid $45k at a BMW dealer, not CPO.

wow good price, good deal

[brendan853]

Bought on 12/3/11

2008 M3 Coupe
Jerez Black Metallic
Black Leather and Leather Carbon trim
6MT
Premium Package
Tech Package
Premium Sound
19" Double Spoke wheels/tires are in excellent condition
Sat/HD Radio
Ambiance lighting
Park distance control
iPod
Moonroof
Rain sensor/auto headlight
Factory warranty until 12-2012 or 50k
Perfect Carfax
41k Miles

I paid $39,594 plus ttl.

[mjposner]

I had my body shop guy inspect the car. he said the car was professionally repaired with bmw parts and there are no issues. Dealer says car properly serviced, so I am go today to buy.

[Mbauer]

Originally Posted by sqweak

Bought today 12/04/11

2008 M3 Sedan
Sparkling Graphite/Black Leather/Carbon Leather
37k Miles
6MT
Premium
EDC
PDC (rear)
iPod
19"
CPO

39995 + TTL

what dealer? Ive been searching.....
found a 09 42K miles, loaded except sunshade for $44K
New Century wont even budge of their asking price on a non cpo 08 with 30K at 44K

[sqweak]

Originally Posted by Mbauer

what dealer? Ive been searching.....
found a 09 42K miles, loaded except sunshade for $44K
New Century wont even budge of their asking price on a non cpo 08 with 30K at 44K

That deal was at Valencia BMW. Gregg is the Internet/Fleet sales manager. Great guy, no bs, worth the drive.

I will also vouch (like many others) for Ryan Amico at Steve Thomas in Camarillo. Don't think they have any used in stock though, but he might be able to track one down for you.

Stay away from Shelly BMW, severely overvalue the 3 non-cpo nearly-out-of-warranty M3's they have and wouldn't budget at all from asking.

[Mbauer]

Originally Posted by sqweak

That deal was at Valencia BMW. Gregg is the Internet/Fleet sales manager. Great guy, no bs, worth the drive.

I will also vouch (like many others) for Ryan Amico at Steve Thomas in Camarillo. Don't think they have any used in stock though, but he might be able to track one down for you.

Stay away from Shelly BMW, severely overvalue the 3 non-cpo nearly-out-of-warranty M3's they have and wouldn't budget at all from asking.

Ya I found out most dealers wont CPO M cars now.... BMW now makes it cost $1500 for regular cars, but $3000 to CPO M cars. They dont want to add 3k to the list price cause they want to compete with the wholesalers... So a CPO M cars are gonna be a rare deal now.....

[Salna]

So what is a good deal compared to NADA/KBB pricing? People are saying whether a deal is good or not based on what they've seen for other cars, but what about against a relatively stable figure like the KBB that we can check for any car? Should a private car be below the KBB price? (seems like it based on what some of you are getting).

Also, would you guys attribute any value to big modifications such as supercharging? Certainly it's harder to re-sell the car because you have to find someone who wants it supercharged and is willing to pay some amount of premium for the modification (and exactly how much premium is that?)

[sqweak]

KBB and NADA are pretty much useless. These days the standard seems to be auction prices (manheim etc).

Supercharging is worth exactly $0 from a standardized pricing perspective. Mods are not an asset, even a depreciating one, and it's foolish to expect to recoup any of their cost in sale. In the case of forced induction on non-FI factory cars, it could even be viewed as a negative since it can easily be viewed as increasing wear and tear.

[Iplayedmyself]

Found and bought 2008 e90 m3 cpo 19k on the odometer cold weather pack tech pack premium pack premium sound pack 46000 picked it up weds. Dec.7 2011 NEW M DRIVER HERE!!!