BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > M3 (E90 / E92 / E93) > New and Preowned M3 Pricing, Ordering, Tracking / European Delivery / Dealer Reviews
 
ESS Tuning
Post Reply
 
Thread Tools Search this Thread
      07-30-2012, 11:32 AM   #1
Rambler
Second Lieutenant
3
Rep
260
Posts

 
Drives: 2013 E92 M3 DCT ZCP
Join Date: Apr 2009
Location: Eastern Connecticut

iTrader: (0)

2011 E92 M3 - Thoughts on Pricing

Hello, I just wanted to get some thoughts on the pricing of this car as it seems to be a relatively good deal. The only key feature it seems to be missing is EDC which is not a deal breaker for me. I donít know anything about the dealer but itís close enough for me to go see in person if nothing seems fishy.

Thanks!

http://www.cars.com/go/search/detail...nal&listType=1
Appreciate 0
      07-30-2012, 12:31 PM   #2
LOVEM
Captain
United_States
10
Rep
929
Posts

 
Drives: 2011 1m VO
Join Date: Jul 2011
Location: Texas

iTrader: (0)

[quote=Rambler;12414159]Hello, I just wanted to get some thoughts on the pricing of this car as it seems to be a relatively good deal. The only key feature it seems to be missing is EDC which is not a deal breaker for me. I donít know anything about the dealer but itís close enough for me to go see in person if nothing seems fishy.

Thanks!

if it has a clean car fax and no paint work. its a steal ! i would,ve considered it if it was close to texas..... good luck.
Appreciate 0
      07-30-2012, 12:45 PM   #3
lorinzo
Captain
United_States
9
Rep
724
Posts

 
Drives: 2011 e90 M3
Join Date: Feb 2012
Location: Los Angeles, CA

iTrader: (0)

Go check it out in person.
Looks good. Best of luck!
__________________
| 2011 M3 Sedan | Le Mans Blue | M-DCT | ZC2 | ZCP | ZP3 | Moonroof | Enhanced Premium Sound | Dinan free flow exhaust | Dinan performance engine software | Dinan pulley | Dinan intake | Dinan pedals | Bimmian LED interior | Lux H8 V3 | WeissLicht PY24W LED | 20% tint | IND reflectors | IND front grills | IND key hole cover | IND hood vents | IND M5 mirror covers | Reus Systems audio upgrade | Verstraβe shifter paddles | BBS LM 20x9 et 15 and 20x10 et 20 | Michelin PSS 245/30/20 and 275/30/20 | H&R Sport springs |
Appreciate 0
      07-30-2012, 12:51 PM   #4
NoM3ForMe
Major
NoM3ForMe's Avatar
United_States
17
Rep
1,424
Posts

 
Drives: '04 Quest, '07 Kia Sorrento
Join Date: Aug 2008
Location: ...location, location?

iTrader: (0)

Send a message via MSN to NoM3ForMe
What a steal!

^^ If all checks out, that is one HELL of a deal!
__________________
try { Life.Live(); } catch (Experience exp) { Console.WriteLine(exp.ToString(); } finally { Brian.Dispose(); }
"There are only 10 kinds of people in the world; those that read binary, and those that don't."
Appreciate 0
      07-30-2012, 12:54 PM   #5
M3 Esq
Lieutenant Colonel
M3 Esq's Avatar
United_States
21
Rep
1,964
Posts

 
Drives: M3, 335i, X5
Join Date: Aug 2007
Location: CT

iTrader: (5)

If EDC is not a deal breaker for you, with only 4K miles this looks like a good price.
Appreciate 0
      07-30-2012, 01:33 PM   #6
Rambler
Second Lieutenant
3
Rep
260
Posts

 
Drives: 2013 E92 M3 DCT ZCP
Join Date: Apr 2009
Location: Eastern Connecticut

iTrader: (0)

Thanks everyone, I'm going to try checking it out this week. I'm actually a huge fan of the red on 2-tone black/red.
Appreciate 0
      07-30-2012, 01:45 PM   #7
SamS
Brigadier General
SamS's Avatar
61
Rep
4,577
Posts

 
Drives: 2013 ActiveHybrid 3
Join Date: Jul 2010
Location: Dallas, TX

iTrader: (0)

Seems to good to be true! 4K miles is practically brand new.
Appreciate 0
      07-30-2012, 02:53 PM   #8
Rambler
Second Lieutenant
3
Rep
260
Posts

 
Drives: 2013 E92 M3 DCT ZCP
Join Date: Apr 2009
Location: Eastern Connecticut

iTrader: (0)

^ This is what I was kind of worried about. Other comparable M3s in the area are priced at $10k+ more. Could it be that red on red with a 6MT is less desirable and therefore priced lower? Less overhead with a small dealer perhaps? Anyway, I have no problem walking away if too good to be true.
Appreciate 0
      07-30-2012, 03:19 PM   #9
SamS
Brigadier General
SamS's Avatar
61
Rep
4,577
Posts

 
Drives: 2013 ActiveHybrid 3
Join Date: Jul 2010
Location: Dallas, TX

iTrader: (0)

Quote:
Originally Posted by Rambler View Post
^ This is what I was kind of worried about. Other comparable M3s in the area are priced at $10k+ more. Could it be that red on red with a 6MT is less desirable and therefore priced lower? Less overhead with a small dealer perhaps? Anyway, I have no problem walking away if too good to be true.
In my experience, standard-option color combos rarely impact listed price, one way or the other.

Maybe it has lots of bird poop etched in the paint? Why are there no interior shots, except a weird one of the interior roof?

Definitely something to check out in person.
Appreciate 0
      07-30-2012, 03:31 PM   #10
Rambler
Second Lieutenant
3
Rep
260
Posts

 
Drives: 2013 E92 M3 DCT ZCP
Join Date: Apr 2009
Location: Eastern Connecticut

iTrader: (0)

Actually there are several interior shots - just need to click on view additional photos. Either way, I still want to see it in person.
Appreciate 0
      07-30-2012, 03:45 PM   #11
SamS
Brigadier General
SamS's Avatar
61
Rep
4,577
Posts

 
Drives: 2013 ActiveHybrid 3
Join Date: Jul 2010
Location: Dallas, TX

iTrader: (0)

Ah, I see now. Hopefully you can indeed get a good deal. If so, replace that wood trim ASAP!
Appreciate 0
      07-31-2012, 10:14 AM   #12
bga23
Dirty old man
9
Rep
475
Posts

 
Drives: 2011.99 e90 Alpine White
Join Date: Jun 2012
Location: Yeah, but it is a dry heat

iTrader: (0)

If it sounds too good to be true... There is a reason it is listed for $10K less than comparable M3s so make sure you bring a paint meter, put it on a rack to check the frame and also look for water damage (flood vehicle).
__________________
2012 Ford Raptor
2011 AW e90 - Sold
Appreciate 0
      07-31-2012, 01:07 PM   #13
InterJon
Private First Class
2
Rep
185
Posts

 
Drives: 2011 E92 M3 ZCP
Join Date: Aug 2011
Location: Alabama

iTrader: (0)

Quote:
Originally Posted by bga23
If it sounds too good to be true... There is a reason it is listed for $10K less than comparable M3s so make sure you bring a paint meter, put it on a rack to check the frame and also look for water damage (flood vehicle).
Yeah. Agree 100%. Car is priced 10,000 low, possibly more.
Appreciate 0
      07-31-2012, 01:14 PM   #14
lorinzo
Captain
United_States
9
Rep
724
Posts

 
Drives: 2011 e90 M3
Join Date: Feb 2012
Location: Los Angeles, CA

iTrader: (0)

Seems like the question of "is this price too good to be true" has been coming up a lot lately...


http://www.m3post.com/forums/showthread.php?t=720450
__________________
| 2011 M3 Sedan | Le Mans Blue | M-DCT | ZC2 | ZCP | ZP3 | Moonroof | Enhanced Premium Sound | Dinan free flow exhaust | Dinan performance engine software | Dinan pulley | Dinan intake | Dinan pedals | Bimmian LED interior | Lux H8 V3 | WeissLicht PY24W LED | 20% tint | IND reflectors | IND front grills | IND key hole cover | IND hood vents | IND M5 mirror covers | Reus Systems audio upgrade | Verstraβe shifter paddles | BBS LM 20x9 et 15 and 20x10 et 20 | Michelin PSS 245/30/20 and 275/30/20 | H&R Sport springs |
Appreciate 0
      07-31-2012, 03:41 PM   #15
fuddman
Captain
12
Rep
711
Posts

 
Drives: 528-maybe
Join Date: Aug 2010
Location: California

iTrader: (0)

Is that a Texas sticker on the drivers lower side of the windshield - 9th picture from the top? Not that Texas cars are bad.
I would definitely get the CARFAX and you may want to check to see if the car was lemoned. You also may want to have a pre purchase inspection done by a dealer to ensure, among other things, that it remains under BMW warranty.
Check to see if it has the original tires, Michelin, Pirelli, Continental (?).

No heated seats = deal breaker for me.
Appreciate 0
      08-09-2012, 09:35 AM   #16
Rambler
Second Lieutenant
3
Rep
260
Posts

 
Drives: 2013 E92 M3 DCT ZCP
Join Date: Apr 2009
Location: Eastern Connecticut

iTrader: (0)

Update: I emailed the dealer to ask if they could send me the Carfax report if available and whether there had been any damage repair or paint work.

They sent me the report which shows a Salvage title and Water damage. The dealer noted that there was no paint work on the car, but the engine was hydrolocked and replaced with a new one that had 350 miles; the car comes with the remainder of factory warranty through Autohaus (not sure if this means it is void through BMW dealers).

Water damage is certainly a scary thing since other problems that may not be visible now could surface down the road. Would you run for the hills or throw out a low ball offer and accept the risk?
Appreciate 0
      08-09-2012, 10:43 AM   #17
M3 Esq
Lieutenant Colonel
M3 Esq's Avatar
United_States
21
Rep
1,964
Posts

 
Drives: M3, 335i, X5
Join Date: Aug 2007
Location: CT

iTrader: (5)

I would steer clear of this one unless you have a very high tolerance for risk. I don't know anything about Autohaus, but you would need to be certain it is a legit company capable of standing behind the warranty, and that what is being covered is exactly what would be covered under the original factory warranty. Also, if you are concerned with resale, any potential buyer is going to have all of the same concerns you do so it may be difficult to sell in the event you decide to do so. Lastly, as you pointed out, there may be unforeseen problems that may crop up later that would not necessarily be apparent now. GL.
Appreciate 0
      08-09-2012, 10:50 AM   #18
SamS
Brigadier General
SamS's Avatar
61
Rep
4,577
Posts

 
Drives: 2013 ActiveHybrid 3
Join Date: Jul 2010
Location: Dallas, TX

iTrader: (0)

Quote:
Originally Posted by Rambler View Post
Update: I emailed the dealer to ask if they could send me the Carfax report if available and whether there had been any damage repair or paint work.

They sent me the report which shows a Salvage title and Water damage. The dealer noted that there was no paint work on the car, but the engine was hydrolocked and replaced with a new one that had 350 miles; the car comes with the remainder of factory warranty through Autohaus (not sure if this means it is void through BMW dealers).

Water damage is certainly a scary thing since other problems that may not be visible now could surface down the road. Would you run for the hills or throw out a low ball offer and accept the risk?
Run for the hills, unless they want to knock another $10K off. If it was a Texas car, it may have got caught in the flooding we had several months ago.
Appreciate 0
      08-09-2012, 11:01 AM   #19
Rambler
Second Lieutenant
3
Rep
260
Posts

 
Drives: 2013 E92 M3 DCT ZCP
Join Date: Apr 2009
Location: Eastern Connecticut

iTrader: (0)

^ and ^^ - Thanks, yeah I think I will pass on this one just to avoid losing piece of mind. There are too many what ifs to worry about. Although another $10k off would make it tempting even still. It's such a beautiful car otherwise.
Appreciate 0
      08-09-2012, 10:36 PM   #20
Nate2046
Lieutenant
Nate2046's Avatar
5
Rep
406
Posts

 
Drives: '11 e92M
Join Date: Mar 2008
Location: Indianapolis, In

iTrader: (2)

I love all the 'sounds like a good deal' comments. If that car was legit it would be an absolute, unmitigated, fly yourself across the country to get it, screaming steal of a deal. Unfortunately, if a car is priced $14k under retail you can be pretty sure theres something wrong with it. Dealers are rarely that stupid.
Appreciate 0
      08-10-2012, 07:30 AM   #21
hpc3
Second Lieutenant
hpc3's Avatar
United_States
2
Rep
253
Posts

 
Drives: '13 M3 ZCP 6sp
Join Date: May 2008
Location: Carolinas

iTrader: (0)

Look at the rear seats and door panels...

Quote:
Originally Posted by Rambler View Post
^ and ^^ - Thanks, yeah I think I will pass on this one just to avoid losing piece of mind. There are too many what ifs to worry about. Although another $10k off would make it tempting even still. It's such a beautiful car otherwise.
see how the leather is puckered? I'm glad you confirmed it has water damage because that was my first suspicion, looks like it came from a lake.

Good luck in the search.
__________________
'13 E92 M3 - SG/FR ZCP 6sp with sunroof *and* wood (old fart edition). MPE. Turner 10mm spacers x4.

Born on 07/04/12, PCD September 5th, 2012.
Appreciate 0
      08-10-2012, 07:52 AM   #22
SamS
Brigadier General
SamS's Avatar
61
Rep
4,577
Posts

 
Drives: 2013 ActiveHybrid 3
Join Date: Jul 2010
Location: Dallas, TX

iTrader: (0)

Quote:
Originally Posted by hpc3 View Post
see how the leather is puckered? I'm glad you confirmed it has water damage because that was my first suspicion, looks like it came from a lake.

Good luck in the search.
Good catch on the puckered leather, I didn't even notice until you pointed it out. And likely a non-owner wouldn't pick up on it, from the dealer pictures.

As mentioned earlier, dealers are not dumb. They got bills to pay too, so they don't just knock of $10K from a perfectly good car out of the spirit of their hearts
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 05:41 AM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST