Finally made a deal... did I get a good price?

Mass325Ci · 06-09-2012, 02:35 PM

I have been looking for an 08/09 CPO for a few months, but have not had any luck. I was hoping for something in the mid-40s and was close on two deals, but had the cars bought out from under me.

The local dealer called with a 2011. Here are the details:

Year and Model: 2011 M3 E92 Black on Black
Miles: 33K
Options: everything but comp package
Transmission: 6 speed
Paid: $52,900 (listed for $54K)

The car has high miles for a 2011, but is in perfect condition. I don't feel like I got a great deal, but considering that the only other cars within 300 miles are 09s and the dealers will not go under $52,500, I feel like it's the best I could expect.

Thoughts? I put a deposit, but don't sign papers until Monday.

PhillyNate · 06-09-2012, 03:12 PM

It all depends on your level of comfort with the deal. Not ours. I won't comment on the deal directly but regardless of what you end up paying on this particular car, GET EVERY DAMN SERVICE RECORD POSSIBLE before signing. Make sure it's CPO'd too. Good luck.

Mass325Ci · 06-09-2012, 03:36 PM

I am pretty comfortable given all the other deals I have seen around here. Bottom line is that I am thrilled to finally get an M3 and it's within my budget. Car was bought and serviced at the same dealer where I am buying. I have all service records... only regular maintenance and nothing out of the ordinary.

That said, it's always good to hear a second opinion on whether I am getting screwed and should walk away from the deal!

Rich_Jenkins · 06-09-2012, 03:56 PM

High miles could be ok, maybe, if it was highway miles?

I think 52.9 for a '11 sounds like a pretty decent deal to me.

06-09-2012, 02:35 PM	#1
Mass325Ci New Member 3 Rep 16 Posts Drives: 2011 E92 M3 Join Date: May 2012 Location: MA iTrader: (0)	Finally made a deal... did I get a good price? I have been looking for an 08/09 CPO for a few months, but have not had any luck. I was hoping for something in the mid-40s and was close on two deals, but had the cars bought out from under me. The local dealer called with a 2011. Here are the details: Year and Model: 2011 M3 E92 Black on Black Miles: 33K Options: everything but comp package Transmission: 6 speed Paid: $52,900 (listed for $54K) The car has high miles for a 2011, but is in perfect condition. I don't feel like I got a great deal, but considering that the only other cars within 300 miles are 09s and the dealers will not go under $52,500, I feel like it's the best I could expect. Thoughts? I put a deposit, but don't sign papers until Monday.
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06-09-2012, 03:12 PM	#2
PhillyNate ENTHUSIAST 135 Rep 2,097 Posts Drives: 2010 Porsche Cayman Join Date: Apr 2011 Location: Philadelphia iTrader: (0) Garage List 2010 Porsche Cayman [0.00]	It all depends on your level of comfort with the deal. Not ours. I won't comment on the deal directly but regardless of what you end up paying on this particular car, GET EVERY DAMN SERVICE RECORD POSSIBLE before signing. Make sure it's CPO'd too. Good luck. __________________ "what I'm driving here...is an ending." Jeremy Clarkson 2010 Carrara White Porsche Cayman 6mt 2014 Whiteout Toyota GT-86 6mt(Sold 05/23/15) 2011 Alpine White BMW M3 6mt ZCP Coupe(forced retirement 06/06/14) 2008 Alpine White BMW 328i 6mt Coupe(retired 06/21/11)
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06-09-2012, 03:36 PM	#3
Mass325Ci New Member 3 Rep 16 Posts Drives: 2011 E92 M3 Join Date: May 2012 Location: MA iTrader: (0)	I am pretty comfortable given all the other deals I have seen around here. Bottom line is that I am thrilled to finally get an M3 and it's within my budget. Car was bought and serviced at the same dealer where I am buying. I have all service records... only regular maintenance and nothing out of the ordinary. That said, it's always good to hear a second opinion on whether I am getting screwed and should walk away from the deal!
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06-09-2012, 03:56 PM	#4
Rich_Jenkins Riff Raff Refugee 23 Rep 626 Posts Drives: Ram 1500 Join Date: Mar 2012 Location: Sarasota FL iTrader: (1)	High miles could be ok, maybe, if it was highway miles? I think 52.9 for a '11 sounds like a pretty decent deal to me. __________________ Character does count. For too long we have gotten by in a society that says the only thing right is to get by and the only thing wrong is to get caught. Character is doing what's right when nobody is looking... " --J. C. Watts
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