08 m3 plus my car

zeeman335 · 07-31-2010, 02:59 PM

Dealer is giving me an 08 M3 , dct , nav, space grey for 57000, CPO'ed...my car fopr 23,000 (2007 335i with 36k miles) .... is it a good deal or what?

deletedelete · 07-31-2010, 03:01 PM

how many miles on the m3?

zeeman335 · 07-31-2010, 03:02 PM

15,000 miles

Dntlvet · 07-31-2010, 03:04 PM

I don't think it is even close to a good deal.
57,000 plus 23,000= 80,000.
That 08 M3 probably did not cost 80K new.
I'd go to Edmonds or carsoup or autotrader and see what you need to buy an 08 M3 without trade to determine what they really will give you for your car.

I'd guess the 08 M3 is only worth ~52-55K
subtract ~22K for your car and you should pay ~ 30-33K tops. IMHO!

deletedelete · 07-31-2010, 03:05 PM

I think the price could come down some.

inter1032 · 07-31-2010, 08:57 PM

Quote:

Originally Posted by Dntlvet

I don't think it is even close to a good deal.
57,000 plus 23,000= 80,000.
That 08 M3 probably did not cost 80K new.
I'd go to Edmonds or carsoup or autotrader and see what you need to buy an 08 M3 without trade to determine what they really will give you for your car.

I'd guess the 08 M3 is only worth ~52-55K
subtract ~22K for your car and you should pay ~ 30-33K tops. IMHO!

coupe or sedan?
like he said bad deal
you could probably get 30 for your car or maybe a little less if you want to sell it quick
and an m3 for 50ish

BayerischeMotorenWerke · 07-31-2010, 09:41 PM

I bought my 08 M3 BRAND NEW for 52k.

M3PGH · 07-31-2010, 09:43 PM

Quote:

Originally Posted by BayerischeMotorenWerke

I bought my 08 M3 BRAND NEW for 52k.

I bought my 08 M3 for 51500 brand new

DadzM4 · 07-31-2010, 09:54 PM

My car equipped similar to yours but an 09, bought with 695 miles on it for $54k. They are low on the trade and high on the M3.

Dengel · 07-31-2010, 10:23 PM

57000 shekles?

mdosu · 07-31-2010, 11:02 PM

you should ask if the M3 also comes with 10k of cash in the trunk.

Seriously, this is not close to being a deal, plus he's reaming you on your trade, your 335 should be in the 30k range? (check ebay and autotrader)

Have you read this thread:

http://www.m3post.com/forums/showthread.php?t=366319

if you're not quite sure how dealers make money check this thread:

http://www.m3post.com/forums/showthread.php?t=413361

artifice · 08-01-2010, 01:55 AM

You are paying $10k for a cpo warranty for a car that still has quite a bit left on the wrranty clock. Get that price down. Plus they are ripping you on the trade, get a value from Carmax and see if they can get you a better deal.

Finnegan · 08-01-2010, 02:25 AM

Horrible deal for you and a dream for the dealer.

Do some homework and find the market value of both cars. Edmunds is a good tool for that, there are others as well.

bobbyd1961 · 08-01-2010, 04:41 AM

Quote:

Originally Posted by zeeman335

Dealer is giving me an 08 M3 , dct , nav, space grey for 57000, CPO'ed...my car fopr 23,000 (2007 335i with 36k miles) .... is it a good deal or what?

i dont believe hes giving you 23000 for your car. my 2008 335xi with 18000 miles had a book of 24000 in 2009. maybe there giving you 17000. but even so its not a good deal unless hes giving you the M3 for 57000 minus the 23000? so its 34k for you. then id say go for it

DadzM4 · 08-01-2010, 09:50 AM

Quote:

Originally Posted by zeeman335

Dealer is giving me an 08 M3 , dct , nav, space grey for 57000, CPO'ed...my car fopr 23,000 (2007 335i with 36k miles) .... is it a good deal or what?

I assume the OP means $57k less their trade of $23k, so $34k out of pocket? Still not a very good deal. Like someone else said they are adding about $10k on the car for the CPO warranty. and a couple of grand short on your trade. All CPO means is that they are adding an extended warranty and maintenance program on to the car. You can buy any used BMW from a BMW dealer without it being a CPO and add that on yourself. Should cost you around $7k to cover it 6 years and 100k miles from original in service date.

skierman64 · 08-01-2010, 10:22 AM

I think we need a clarification.

OP which is it? Your car plus $34K or your car plus $57K?

Quote:

Originally Posted by Dntlvet

I don't think it is even close to a good deal.
57,000 plus 23,000= 80,000.
That 08 M3 probably did not cost 80K new.
I'd go to Edmonds or carsoup or autotrader and see what you need to buy an 08 M3 without trade to determine what they really will give you for your car.

I'd guess the 08 M3 is only worth ~52-55K
subtract ~22K for your car and you should pay ~ 30-33K tops. IMHO!

Quote:

Originally Posted by DadzM3

I assume the OP means $57k less their trade of $23k, so $34k out of pocket? Still not a very good deal. Like someone else said they are adding about $10k on the car for the CPO warranty. and a couple of grand short on your trade. All CPO means is that they are adding an extended warranty and maintenance program on to the car. You can buy any used BMW from a BMW dealer without it being a CPO and add that on yourself. Should cost you around $7k to cover it 6 years and 100k miles from original in service date.

IbanezGod · 08-01-2010, 07:40 PM

57k LOL

mine new was $63k + taxes/fees doing ED

07-31-2010, 02:59 PM	#1
zeeman335 Captain 84 Rep 712 Posts Drives: 2001 M3 Join Date: Nov 2008 Location: Massachusetts iTrader: (8)	08 m3 plus my car Dealer is giving me an 08 M3 , dct , nav, space grey for 57000, CPO'ed...my car fopr 23,000 (2007 335i with 36k miles) .... is it a good deal or what?
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07-31-2010, 03:01 PM	#2
deletedelete Major General 361 Rep 5,873 Posts Drives: m Join Date: Nov 2008 Location: usa iTrader: (14) Garage List 2013 e92 M3 [0.00] 2011 e93 M3 (sold) [0.00] 2009 335xi (sold) [0.00]	how many miles on the m3? __________________ ---> Click For xi/xDrive Suspension Compatibility List <---
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07-31-2010, 03:02 PM	#3
zeeman335 Captain 84 Rep 712 Posts Drives: 2001 M3 Join Date: Nov 2008 Location: Massachusetts iTrader: (8)	15,000 miles
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07-31-2010, 03:04 PM	#4
Dntlvet Dntlvet 11 Rep 447 Posts Drives: 10 M3 Sedan,13 GT-R BE,13 Pors Join Date: Jul 2009 Location: Wisconsin iTrader: (0)	I don't think it is even close to a good deal. 57,000 plus 23,000= 80,000. That 08 M3 probably did not cost 80K new. I'd go to Edmonds or carsoup or autotrader and see what you need to buy an 08 M3 without trade to determine what they really will give you for your car. I'd guess the 08 M3 is only worth ~52-55K subtract ~22K for your car and you should pay ~ 30-33K tops. IMHO!
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07-31-2010, 03:05 PM	#5
deletedelete Major General 361 Rep 5,873 Posts Drives: m Join Date: Nov 2008 Location: usa iTrader: (14) Garage List 2013 e92 M3 [0.00] 2011 e93 M3 (sold) [0.00] 2009 335xi (sold) [0.00]	I think the price could come down some. __________________ ---> Click For xi/xDrive Suspension Compatibility List <---
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07-31-2010, 09:41 PM	#7
BayerischeMotorenWerke Second Lieutenant 7 Rep 259 Posts Drives: slowly and carefully Join Date: Jun 2008 Location: Motel 6 iTrader: (0)	I bought my 08 M3 BRAND NEW for 52k.
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07-31-2010, 09:54 PM	#9
DadzM4 Lieutenant 17 Rep 518 Posts Drives: M4 Join Date: Jun 2010 Location: Florida iTrader: (2)	My car equipped similar to yours but an 09, bought with 695 miles on it for $54k. They are low on the trade and high on the M3. __________________ AW M4 \| Black Full Merino Leather \| Driver Assistance Package \| Lighting Package \| HK Sound \| Concierge Services \| Enhanced BT \| 6 MT
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07-31-2010, 10:23 PM	#10
Dengel Non-Guido Jersey Resident 35 Rep 676 Posts Drives: Slow Jeep Rubicon Join Date: May 2009 Location: Scottsdale, AZ iTrader: (3)	57000 shekles?
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07-31-2010, 11:02 PM	#11
mdosu Banned 314 Rep 8,496 Posts Drives: Double Vanos'd Civic-M3 Join Date: Oct 2009 Location: San Francisco iTrader: (6)	you should ask if the M3 also comes with 10k of cash in the trunk. Seriously, this is not close to being a deal, plus he's reaming you on your trade, your 335 should be in the 30k range? (check ebay and autotrader) Have you read this thread: http://www.m3post.com/forums/showthread.php?t=366319 if you're not quite sure how dealers make money check this thread: http://www.m3post.com/forums/showthread.php?t=413361
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08-01-2010, 01:55 AM	#12
artifice Major 49 Rep 1,190 Posts Drives: 2008 E92 M3 Join Date: Jul 2009 Location: The Colony, TX iTrader: (0)	You are paying $10k for a cpo warranty for a car that still has quite a bit left on the wrranty clock. Get that price down. Plus they are ripping you on the trade, get a value from Carmax and see if they can get you a better deal. __________________ e92 M3 6MT, 18's, everything - Sold! e92 M3 Newer e92 335i 6MT - Wifey's with (stuff...) And.... Our daily beater, twinky truck .
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08-01-2010, 02:25 AM	#13
Finnegan Dog Listener 703 Rep 7,850 Posts Drives: Z4M/. Z3M, E36/46 M3 Join Date: Oct 2008 Location: Teaching the dog to slalom iTrader: (22)	Horrible deal for you and a dream for the dealer. Do some homework and find the market value of both cars. Edmunds is a good tool for that, there are others as well.
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08-01-2010, 07:40 PM	#17
IbanezGod 997TT, X5M 95 Rep 975 Posts Drives: 997TT, X5M Join Date: Jul 2009 Location: Philly iTrader: (0)	57k LOL mine new was $63k + taxes/fees doing ED __________________ 2007 Porsche 911 Turbo, Previously: 1998 M Roadster, 2011 M3, 2005 M3
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