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      03-18-2009, 12:46 PM   #23
niqui
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this trunk money has been out for a while, in canada it is 10k rebate, i heard about it from my dealer at least 2 months ago...
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      03-18-2009, 01:13 PM   #24
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wow, and i thought my payment of 690/month with 0 down was good... this is just a steal!
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      03-18-2009, 02:24 PM   #25
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I'm about to close on Friday on an '08 M3 Sedan, fully loaded, MSRP $68,920 and the negotiated price is $56,700. In light of the new $7500 in trunk money, is this still a good deal (or is that trunk money already included my negotiated price)? Thanks -
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      03-18-2009, 02:28 PM   #26
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Quote:
Originally Posted by Goober M View Post
I'm about to close on Friday on an '08 M3 Sedan, fully loaded, MSRP $68,920 and the negotiated price is $56,700. In light of the new $7500 in trunk money, is this still a good deal (or is that trunk money already included my negotiated price)? Thanks -
Just ask for it, bro... you never know.
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      03-18-2009, 03:28 PM   #27
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I KNOW someone who got a 08 m3 vert for 14000 dollars off...woah
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      03-18-2009, 03:41 PM   #28
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i feeel bad for the people who get their 08's when the car was "hot"...
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      03-18-2009, 03:43 PM   #29
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I feel bad for 335i owners who paid low 50's for their car
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      03-18-2009, 03:51 PM   #30
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Quote:
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i feeel bad for the people who get their 08's when the car was "hot"...
Tell me about it! This thread is depressing...
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      03-18-2009, 03:57 PM   #31
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Best I have found so far is 14k off sticker including all incentives. I haven't gotten anywhere near the 20k the original poster got.
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      03-18-2009, 04:00 PM   #32
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picking up a 08 coupe DCT M3 this weekend for 15k off sticker as well..wish i got 20k off like the op, but im still happy.

they have another coupe and one sedan if anyone else is interested.
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      03-18-2009, 04:42 PM   #33
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Originally Posted by OG_M3 View Post
picking up a 08 coupe DCT M3 this weekend for 15k off sticker as well..wish i got 20k off like the op, but im still happy.

they have another coupe and one sedan if anyone else is interested.

What was MSRP and agreed upon price?
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      03-18-2009, 04:58 PM   #34
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Please you guys are joking..I'll buy 3 of them at 49k and sell them for more in less then a month.. If there is dealerships that are looking at this thread pm me?
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      03-18-2009, 05:33 PM   #35
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Please you guys are joking..I'll buy 3 of them at 49k and sell them for more in less then a month.. If there is dealerships that are looking at this thread pm me?
Haha... don't be so confident you can flip them for more...
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      03-18-2009, 05:35 PM   #36
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Haha... don't be so confident you can flip them for more...
yeah
dont you think the dealers would like to flip them for more??
they can't
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      03-18-2009, 06:17 PM   #37
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I can't imagine that dealers can unload 258 M3s in the next couple of months. My bet is you'll be looking at 25K off MSRP in June and July on leftover inventory.
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      03-18-2009, 07:00 PM   #38
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That's crazy.

I was all happy that I got about $8k off of sticker and 0.9% in late October

Now my deal seems pretty weak

On the other hand, I got a car off the lot that was unusually optioned and hard to find, exactly what I was looking for.
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      03-18-2009, 07:05 PM   #39
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To think about it. The car is almost 2 years old though. I wonder what the depreciation is? $7500 worth?
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      03-18-2009, 08:31 PM   #40
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Quote:
Originally Posted by TrevorD View Post
I thought I'd pass it along that BMW recently released a $7,500 rebate on the new '08 M3's still sitting on lots. My dealer said that it's new enough that most probably aren't aware of it yet. I bought my '08 today new with 200 miles on it for $49,900 + TTL! This is a great time to be buying if you're in the market and can afford it!
Trevor
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      03-18-2009, 08:40 PM   #41
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I agree that the car is almost 2 model years old, but I think $20,000 off of sticker (39.7% discount!) makes up for that. Look at the true market values. What's crazy is that I can get on eBay right now, and 9,000 mile used cars are going for more than what I just bought my new one for. I'm not talking asking price, I'm talking what the current bid is up to. KBB shows the trade-in value at $49,400. I was looking at a LOT of different cars, and I just wanted something that I knew I could get out of in a year. I trade cars pretty often, so I like to have my options open. I actually have an '09 CTS-V on order, but I hated to buy it when I KNOW that they will have better deals on them by the summer. This was the ONLY new car purchase I could find that allowed me to be in the car really well price-wise. It's icing on the cake that I really wanted to get back into a BMW! I missed my 335 after selling it a year ago.

Goober M - It looks like it's already negotiated into the price. There's roughly $5,000 difference between MSRP and invoice, so assume invoice of your car is $63920. Another $7500 off puts you at $56420, which is near dead-on of your selling price. They're selling the vehicle for their effective cost it looks like. Not all dealers will necessarily want to take a $7000 hit. Mine apparently was willing to in order to get the car gone, and I think it helped that I was a repeat customer. It also helped a LOT that I was able to print out the eBay auction and show that I had bought one elsewhere for the same price. I told them that I really wanted to work with them since they're local to me, and the GM said he really appreciated that. I'd assume that you're more likely to get a dealer willing to take some of a hit if they're sitting on multiple '08 cars. This was the last one at my dealer, but they seemed excited for it to be gone.

It's hard to say how much this will affect the overall M3 market. Even with the rebate, I'd consider my deal a rare find. You'll have a handful of people getting a smoking deal, but the vast majority of the '08 M3's in the states have already been purchased...or so I assume. If that's true, you have a lot of M3 customers not willing to sell their cars for dirt cheap because they're either that upside down or they just refuse to take that kind of hit. Let's assume that there's 500 '08 M3's left on lots around the country. Five hundred buyers in the total number of '08/'09 M3 buyers is pretty small, and the number of those buyers that will know about the rebate is even smaller. It's also not an advertised rebate, at least not to this point. Had my dealer not told me about it I would have never known. I think you'll see crazy interest rates on them by May. The closer we get to the '10 MY the sweeter the deal will get. I don't think they'll take much more off. There's only so cheap they'll want to sell the car for obvious reasons such as resale value. It just happened to work out perfect for me since my local dealer had a car that I wanted and was willing to cut such a smoking deal. What's hilarious is I remember them quoting me on a 24-month lease this time last year with 20k on this EXACT car, and the payments were over $1,400! A year later, I bought the car with $6300 down and pay under $850/mo.

I took delivery of my M3 today, and she's totally BADASS!

Trevor
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      03-18-2009, 09:29 PM   #42
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Quote:
Originally Posted by OG_M3 View Post
picking up a 08 coupe DCT M3 this weekend for 15k off sticker as well..wish i got 20k off like the op, but im still happy.

they have another coupe and one sedan if anyone else is interested.

Whoa, had no idea there were DCT 08s left. Then again i was looking for a sedan.
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      03-18-2009, 09:41 PM   #43
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There are more deals out there than you think. I just picked up mine today at a little more than $14k off for around $48900. Im still in shick to be honest but the car is sitting in my garage. I am even getting emails from other dealers on inquiries I sent in and I just got one back tonight at $15025 off sticker. Only downside is that it was on the West coast. Bottom line the deals are out there you just have to hunt. Good luck.
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      03-18-2009, 10:22 PM   #44
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TrevorD can you say what dealership you picked up your car from in Texas?? if you don't mind
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