2008 E90 M3 Pricing?

mauibuilt_328 · 10-03-2012, 12:52 PM

Looking at trading in my 2011 328i E92 w/ MSport. There's a 2008 E90 M3 nearby with 40,xxx miles. It's CPO'd and they're asking $41,988. What does everyone think about this pricing?

1MOREMOD · 10-03-2012, 12:53 PM

i would say for the mileage and year you should be able to get it under 40 even with the cpo. if you can take it.

8_is_enough · 10-03-2012, 01:40 PM

I learned the market is quite soft for '08 E90s (just sold mine last month). You should get one in the mid-$30Ks even with less than 40K miles on the clock.

It's worth forking over more for an '09 -- the updated tails/trunk look so much better IMO, as well as updated iDrive. Those two things bugged me the most about my '08, and I always regretted not going for an '09+ instead.

robbiedawg · 10-03-2012, 02:41 PM

the market may be soft bc they are coming off warranty/maintenance.i got mine w/36k miles non-cpo for high 30's in april,which means the first owner ate about $30k in depreciation.

i have gotten some things on warranty (the biggest was a trans),the car was local,well-cared for,and equipped almost exactly like i wanted it.i didn't want nav,and like the 08 tails fine,so this was a perfect opportunity for me.i think the price was fair to maybe $1 or 2k high,but it was well worth it because of this unique blend of factors.

swanson · 10-03-2012, 02:59 PM

what options, colors? be more specific

kerrit · 10-03-2012, 05:51 PM

CPO adds a few thousand to the value (at least according to my bank)

I would expect to pay 35-36k with 50k+ miles and closer to 40 as the miles drop down.

I paid $39,750 for mine a couple months ago, fully loaded w/ 21k miles fresh out of the BMW Lease Auction. Non-CPO, Just out of warranty, but new PS2's and serviced by the dealer prior to me getting it.

If the car is fully loaded, I would try and get the dealer down to 38-39 for the M3 you're looking at. CPO warranty is nice to have.

1MOREMOD · 10-03-2012, 06:46 PM

these low prices on 08s make me wanna

. guess it doesnt matter as i plan to keep mine forever. dinan may even get me to purchase a stroker motor if mine goes at some point.

MMME30W · 10-03-2012, 06:50 PM

Quote:

Originally Posted by 8_is_enough

I learned the market is quite soft for '08 E90s (just sold mine last month). You should get one in the mid-$30Ks even with less than 40K miles on the clock.

It's worth forking over more for an '09 -- the updated tails/trunk look so much better IMO, as well as updated iDrive. Those two things bugged me the most about my '08, and I always regretted not going for an '09+ instead.

Pretty much this.

$42k seems awfully generous for an 08.

dmk08 · 10-03-2012, 09:22 PM

38-40k seems to be the right price point for an 08 car under 40,000 miles at a dealer. I paid in that range for mine and a quick Autotrader search across the entire country proves that. Thats for a non-CPO car so add 3k+ for CPO.

Looking at the Manheim auction transactions over the past few days dealers are still paying upwards of $36,000-$38,000 for the M3s in that mileage range with a high quality grade. They are not going to sell to anyone without some profit.

Definitely looks like you can get to the mid-low 30s if you're willing to break the 55-60k mileage mark.

10-03-2012, 12:52 PM	#1
mauibuilt_328 Private First Class Drives: 328i e92 Join Date: Apr 2011 Location: Fort Walton Beach FL Posts: 151 iTrader: (0) Garage List 2011 BMW 328i [5.00]	2008 E90 M3 Pricing? Looking at trading in my 2011 328i E92 w/ MSport. There's a 2008 E90 M3 nearby with 40,xxx miles. It's CPO'd and they're asking $41,988. What does everyone think about this pricing? __________________ 2011 328i E92
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10-03-2012, 12:53 PM	#2
1MOREMOD Major General Drives: at a moderate pace Join Date: Mar 2009 Location: garage Posts: 6,537 iTrader: (3)	i would say for the mileage and year you should be able to get it under 40 even with the cpo. if you can take it. __________________ 02 Tiag e46 M3\|6MT\|GC plates\|MCS c.o.\|GC race control arms\|GC bushings & bearings\|BW eng. & tran. mounts\|subframe kit\|BW race shifter\|BW Jaffster knob\|Euro header\|Eisenmann sport\|K&N c.a.i.\|Seibon CF hood\|CSL bumper\|CSL brakes\|RS19s\|SS lines\|half cage\|Recaro profi\|Profi 2 harness\|race pulleys\|BMWpedals\|Apex studs\|1995 Ford Probe gt chump car\|

10-03-2012, 02:41 PM	#4
robbiedawg First Lieutenant Drives: 2008 ib e90 m3, 1995 acura nsx Join Date: Jan 2012 Location: chapel hill, nc Posts: 355 iTrader: (0) Garage List 2008 BMW M3 [0.00] 1995 ACURA NSX-T [0.00]	the market may be soft bc they are coming off warranty/maintenance.i got mine w/36k miles non-cpo for high 30's in april,which means the first owner ate about $30k in depreciation. i have gotten some things on warranty (the biggest was a trans),the car was local,well-cared for,and equipped almost exactly like i wanted it.i didn't want nav,and like the 08 tails fine,so this was a perfect opportunity for me.i think the price was fair to maybe $1 or 2k high,but it was well worth it because of this unique blend of factors. __________________ ~ TRAFFIC LAWYER IN CENTRAL NC ~ 2OO8 E90 M3 /// INTERLAGOS BLUE w/BAMBOO BEIGE, CARBON LEATHER / 6MT / 19" 220M FORGED WHEELS / PREMIUM / MOONROOF / IPOD / BSW SPEAKERS ~EVERYTHING IN MODERATION,INCLUDING MODERATION ~

10-03-2012, 06:46 PM	#7
1MOREMOD Major General Drives: at a moderate pace Join Date: Mar 2009 Location: garage Posts: 6,537 iTrader: (3)	these low prices on 08s make me wanna . guess it doesnt matter as i plan to keep mine forever. dinan may even get me to purchase a stroker motor if mine goes at some point. __________________ 02 Tiag e46 M3\|6MT\|GC plates\|MCS c.o.\|GC race control arms\|GC bushings & bearings\|BW eng. & tran. mounts\|subframe kit\|BW race shifter\|BW Jaffster knob\|Euro header\|Eisenmann sport\|K&N c.a.i.\|Seibon CF hood\|CSL bumper\|CSL brakes\|RS19s\|SS lines\|half cage\|Recaro profi\|Profi 2 harness\|race pulleys\|BMWpedals\|Apex studs\|1995 Ford Probe gt chump car\|

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10-03-2012, 01:40 PM	#3
8_is_enough Lieutenant Drives: '11 E92M Join Date: Sep 2010 Location: san francisco, ca Posts: 407 iTrader: (8)	I learned the market is quite soft for '08 E90s (just sold mine last month). You should get one in the mid-$30Ks even with less than 40K miles on the clock. It's worth forking over more for an '09 -- the updated tails/trunk look so much better IMO, as well as updated iDrive. Those two things bugged me the most about my '08, and I always regretted not going for an '09+ instead.

10-03-2012, 02:59 PM	#5
swanson Convicted Felon Drives: chariot Join Date: Dec 2009 Location: NY Posts: 680 iTrader: (0)	what options, colors? be more specific

10-03-2012, 05:51 PM	#6
kerrit Second Lieutenant Drives: 2008 Melbourne Red E90 M3 Join Date: Jul 2012 Location: Bellevue, WA Posts: 233 iTrader: (2) Garage List 2008 Kawasaki ZX-10R [0.00] 2008 BMW E90 M3 [0.00]	CPO adds a few thousand to the value (at least according to my bank) I would expect to pay 35-36k with 50k+ miles and closer to 40 as the miles drop down. I paid $39,750 for mine a couple months ago, fully loaded w/ 21k miles fresh out of the BMW Lease Auction. Non-CPO, Just out of warranty, but new PS2's and serviced by the dealer prior to me getting it. If the car is fully loaded, I would try and get the dealer down to 38-39 for the M3 you're looking at. CPO warranty is nice to have.

10-03-2012, 09:22 PM	#9
dmk08 ///Maniac Drives: e90 m3 Join Date: Jul 2012 Location: Atlanta Posts: 536 iTrader: (4) Garage List 2008 BMW M3 E90 [0.00]	38-40k seems to be the right price point for an 08 car under 40,000 miles at a dealer. I paid in that range for mine and a quick Autotrader search across the entire country proves that. Thats for a non-CPO car so add 3k+ for CPO. Looking at the Manheim auction transactions over the past few days dealers are still paying upwards of $36,000-$38,000 for the M3s in that mileage range with a high quality grade. They are not going to sell to anyone without some profit. Definitely looks like you can get to the mid-low 30s if you're willing to break the 55-60k mileage mark.