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      11-14-2009, 12:55 PM   #1
SVG
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New 2009 M3 Sedan price - Too good to be true?

Hello to all - I have been doing research on this car for a while and I am now shopping.
(BTW I want to thank all of you for the information and opinions that I found on this forum. It has been very helpful.)

I found a car at a local dealer that sounds really good to me. I would like to know what people think about this deal.

2009 M3 Sedan
Silverstone Metallic
Black Novillo Leather
Cold Weather Package
Premium Package
Technology Package
Double-clutch Transmission
19" wheels
iPod and USB adapter
Smartphone Integration
Enhanced Premium Sound

Has around 70 miles on it - has seen some demo miles.
This is a cash deal - No financing.

MSRP 70325 as per dealer (69975 as per my calculations -the $350 difference seems to be from dealer using 2010
numbers for base price (unless 2009 MSRP was changed from the list I saw $54500).

Invoice $64595

He offered 66750 over the phone and then 63500 in person. I offered 61000 and he has countered with 61900.

What do you guys think?

Thank you in advance.
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      11-14-2009, 01:59 PM   #2
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Its possible. I say take it and enjoy the M3.

Theres not many 09s left and it will be a long time before the 2010s are discounted that much.
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      11-14-2009, 03:03 PM   #3
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Good deal, which dealer?
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      11-14-2009, 04:22 PM   #4
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You should be at least $7000 off MSRP with a '09 plus $1500 holiday cash, $61900 is a good deal if that is without any additional fees except tag registration.
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      11-14-2009, 07:31 PM   #5
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I have this car. Same colors, same options. Bought mine in April.
I think its a good deal. Like he said, not many 09's left and 10's are tough to deal this aggressively on.
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      11-14-2009, 08:21 PM   #6
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Will you be trading in a vehicle? That's a great price for you but I guess the dealer might lowball you on the trade-in to balance out the price.

If there's no trade in and you're happy with the options in the car, sprint to the dealer before somebody else does!
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      11-15-2009, 12:31 AM   #7
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Thanks for all the input. No holiday cash as it is a cash purchase.

Pulled the trigger and bought the car for $61500 +tax/registration. no trade in. My wife doesn't think we got a great deal but "just a good deal." But, I am happy because I got to drive it home!

SpencerM3 - I sent you a PM for the dealer info.
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      11-15-2009, 12:57 AM   #8
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Quote:
Originally Posted by SVG View Post
Thanks for all the input. No holiday cash as it is a cash purchase.

Pulled the trigger and bought the car for $61500 +tax/registration. no trade in. My wife doesn't think we got a great deal but "just a good deal." But, I am happy because I got to drive it home!

SpencerM3 - I sent you a PM for the dealer info.
Very good deal! You should definitely be satisfied with your negotiation and purchase
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      11-15-2009, 01:37 AM   #9
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Quote:
Originally Posted by SVG View Post
Thanks for all the input. No holiday cash as it is a cash purchase.

Pulled the trigger and bought the car for $61500 +tax/registration. no trade in. My wife doesn't think we got a great deal but "just a good deal." But, I am happy because I got to drive it home!

SpencerM3 - I sent you a PM for the dealer info.

Almost 10k off sticker and she still aint happy? Sheesh, women.
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      11-15-2009, 06:27 AM   #10
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That's an awesome deal man, lucky you!
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      11-15-2009, 08:35 AM   #11
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Quote:
Originally Posted by Jesal@Project 808 View Post
Almost 10k off sticker and she still aint happy? Sheesh, women.
+1

Congrats on the purchase! Sounds like a great deal to me!
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      11-15-2009, 10:46 AM   #12
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ah, below invoice, nice . SVG, u mind sending me the dealer info as im looking to purchase a M3 next year
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      11-15-2009, 11:17 AM   #13
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That's a great deal. Keep in mind it's a year old and used, so I always tell myself to take the first year of depreciation into account. If you were to sell a 2009 at the same time as a 2010, it will be valued 8-12% lower.
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      11-15-2009, 03:22 PM   #14
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It's a fair deal considering the car is almost 1 year old. I wouldn't call it a "great" deal. I agree with the wife.
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      11-16-2009, 09:51 AM   #15
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Congrats and enjoy!
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      11-16-2009, 11:32 AM   #16
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Hey, can you PM me the info of the dealership? Thanks so much in advance!
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      11-26-2009, 11:58 AM   #17
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Many congrats on the great deal!

Enjoy and don't look back!
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      11-26-2009, 04:03 PM   #18
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      11-26-2009, 04:14 PM   #19
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at that price, even I wouldnt mind having 2 extra doors and no CF roof
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      11-27-2009, 10:00 PM   #20
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at that price, even I wouldnt mind having 2 extra doors and no CF roof
word
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