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      06-02-2012, 01:48 PM   #1
Mass325Ci
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Need really quick feedback on M3 price

I am trying to make a decision on a 2009 CPO M3. It's a few states away, so I need to drive there tomorrow if the deal is going to happen... here are the specs

White with CF roof
Black Int
Alum Trim
6 speed
Loaded
30k miles

They are asking $58,000, but I have them down to $52,500. They are also offering a decent price on my trade.

I had been looking for an 08/09 in the mid 40s, so this is over my range. That said, the car looks great. Is this a fair price, or should it be under $50k?
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      06-02-2012, 07:47 PM   #2
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Sounds high. Use KBB and Edmunds and start with what THEY paid for the car, not what retail should be.
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      06-02-2012, 08:22 PM   #3
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09 for $58? Are they on crack?

I would peruse this thread:

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

My guess would be 47-49 tops...?
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      06-02-2012, 08:30 PM   #4
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Quote:
Originally Posted by Mass325Ci View Post
I am trying to make a decision on a 2009 CPO M3. It's a few states away, so I need to drive there tomorrow if the deal is going to happen... here are the specs

White with CF roof
Black Int
Alum Trim
6 speed
Loaded
30k miles

They are asking $58,000, but I have them down to $52,500. They are also offering a decent price on my trade.

I had been looking for an 08/09 in the mid 40s, so this is over my range. That said, the car looks great. Is this a fair price, or should it be under $50k?
to put this in prespective i just bought a 2012 e92 for $63,600. with every option but premium sound. so $58k sounds really high.
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      06-02-2012, 11:25 PM   #5
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Quote:
Originally Posted by RGS
Quote:
Originally Posted by Mass325Ci View Post
I am trying to make a decision on a 2009 CPO M3. It's a few states away, so I need to drive there tomorrow if the deal is going to happen... here are the specs

White with CF roof
Black Int
Alum Trim
6 speed
Loaded
30k miles

They are asking $58,000, but I have them down to $52,500. They are also offering a decent price on my trade.

I had been looking for an 08/09 in the mid 40s, so this is over my range. That said, the car looks great. Is this a fair price, or should it be under $50k?
to put this in prespective i just bought a 2012 e92 for $63,600. with every option but premium sound. so $58k sounds really high.
What was your MSRP? Doesn't sound loaded...
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      06-03-2012, 03:52 AM   #6
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Does it have DCT?
Are you buying this in Canada by any chance? Because that would explain that price lol
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      06-03-2012, 08:26 AM   #7
Mass325Ci
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This is a US car. It is a 6 speed, but has almost all other options. I did a lot of research (edmunds, KBB, the pricing thread here, and clearbook). All seemed to point to a price around $48k or $49k. They have it listed crazy-high, but pretty quickly came down to $52,500.

I think I'll pass and keep looking, but I told them that I would take it for anything under $50k.
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      06-04-2012, 08:38 PM   #8
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Quote:
Originally Posted by Mass325Ci View Post
This is a US car. It is a 6 speed, but has almost all other options. I did a lot of research (edmunds, KBB, the pricing thread here, and clearbook). All seemed to point to a price around $48k or $49k. They have it listed crazy-high, but pretty quickly came down to $52,500.

I think I'll pass and keep looking, but I told them that I would take it for anything under $50k.
I just got a 2010 with 8K miles and DCT and everything except PDC, EPS and sunroof for $50,000 + TTL. Not a CPO but in beautiful shape. Keep looking. If they come back to you for $48K then it may be worth it. M3's are a buyers market. Not so the S4.
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      06-05-2012, 07:04 AM   #9
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Where did you find it? I have been looking primarily at BMW dealerships because I was hoping for a CPO. A 2010 would have enough warranty left, that it wouldn't be an issue.

Did you go through a private party or used dealership?
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      06-05-2012, 11:12 AM   #10
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Quote:
Originally Posted by Ghetto2315
Quote:
Originally Posted by RGS
Quote:
Originally Posted by Mass325Ci View Post
I am trying to make a decision on a 2009 CPO M3. It's a few states away, so I need to drive there tomorrow if the deal is going to happen... here are the specs

White with CF roof
Black Int
Alum Trim
6 speed
Loaded
30k miles

They are asking $58,000, but I have them down to $52,500. They are also offering a decent price on my trade.

I had been looking for an 08/09 in the mid 40s, so this is over my range. That said, the car looks great. Is this a fair price, or should it be under $50k?
to put this in prespective i just bought a 2012 e92 for $63,600. with every option but premium sound. so $58k sounds really high.
What was your MSRP? Doesn't sound loaded...
it was loaded. msrp was 72,900 every option but premium sound.
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      06-05-2012, 11:19 AM   #11
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it was loaded. msrp was 72,900 every option but premium sound.
You buy through a military sales program? If so, there is a huge difference between what you paid and what folks are paying back stateside at a dealership.
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      06-05-2012, 12:12 PM   #12
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Quote:
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it was loaded. msrp was 72,900 every option but premium sound.
That's ~10K discount. i did math correctly didn't i? 2012 with 10k discount?
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      06-05-2012, 12:15 PM   #13
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That's ~10K discount. i did math correctly didn't i? 2012 with 10k discount?
Yes indeed, that is the advantage we have as service members and DoD personnel serving overseas or those taking advantage of a ED

http://www.bimmerfest.com/wiki/index.php/ED_Summary or see PCS link in sig blog

Last edited by SAINT VAN ROCK; 06-05-2012 at 01:00 PM. Reason: To provide additional info on cost savings!
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      06-05-2012, 03:53 PM   #14
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Helluva price...! Those types of discounts aren't unheard of for an M3 if you do ED or Military Sales...
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      06-05-2012, 11:09 PM   #15
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Quote:
Originally Posted by SAINT VAN ROCK View Post
You buy through a military sales program? If so, there is a huge difference between what you paid and what folks are paying back stateside at a dealership.
+1

Lets compare apples to apples....

Talk about all the misinformation in this board and people getting 09's for $20K.....

Between the FS threads for $100K and people almost getting M3's for free I am hopeful people will eventually get to their senses....

When buying used, you get what you pay for..... There will eventually be a big price difference between track queens and garage queens.......when everything else stays the same.

When buying used, I would prefer to meet the owner and have a conversation with them. The value added that way is much prior to a "CPO" car IMO.....
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Last edited by TTG; 06-05-2012 at 11:24 PM.
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