|
|
11-24-2008, 05:38 PM | #23 |
Banned
17
Rep 415
Posts |
08 M3 cars have been sold under invoice price to several members of this board.
Back to my first post, let me guide you a little : 1890 miles 2008 E92 M3 with DCT and ALL options with 0.9% financing (36 months) =$52,700 That is net cost after is everything paid for, I assumed the buyer's bank pays 3.2% interest rate on savings. So if someone here is laughing it's me you just go do your homework. Then a fair price would be still be several $K below that like I said. |
Appreciate
0
|
11-24-2008, 08:13 PM | #24 |
//Mdicted
353
Rep 9,989
Posts
Drives: a Cop Magnet
Join Date: Sep 2005
Location: 495 Ring
iTrader: (18)
Garage List 2009 e92 M3 DCT CF ... [10.00]
2015 S-Works Roubaix [0.00] 2013 Trek Madone 5.9 [9.50] 2012 Scott - CR1-Pro [10.00] 2008 e92 M3 6MT (Up ... [10.00] 2002 e46 M3 Cabriol ... [7.00] 2006 e90-325i (DD) [7.00] 2002 e39 M5 (retired) [9.50] |
I finf it hard to believe that a used 08 qualifies for your .9% financing.
Is that a fact?
__________________
|
Appreciate
0
|
11-25-2008, 08:44 PM | #25 |
Major
212
Rep 1,048
Posts |
It does. I bought one.
__________________
2019 Jeep Wrangler | 2018 BMW 320i | 2016 Porsche Boxster Spyder | 2009 Jeep Wrangler
gone: 2015 M4, 2015 335i, 2012 Turbo S, 2008 M3, 2004 M3, 2003 330xi |
Appreciate
0
|
11-26-2008, 03:25 PM | #26 |
Banned
17
Rep 415
Posts |
The dealer sells 08 models with .9% financing means you got to go as low or lower for a used car if you want to sell. Who wants to buy a used model for more when you can get a new 08 for less or same. supply and demand.
|
Appreciate
0
|
11-26-2008, 03:43 PM | #27 | |
Major General
382
Rep 8,033
Posts |
Quote:
The base E92 invoice is $51.9k. The invoice for a loaded DCT E92 is ~$64k. (Those include $2.1k for GGT and shipping. Even if you were to subtract those, which wouldn't make sense, you still aren't anywhere close to $52.7k). If the invoice for a new 2008 E92 is ~$64k, then his used car is most likely worth ~$55k-$57k in the current market.
__________________
|
|
Appreciate
0
|
11-27-2008, 12:08 AM | #29 | |
Registered
0
Rep 2
Posts |
Quote:
buying a new 08..financing the entire thing at 0.8% you pay $1,405 in interest over the life of a 5 year loan buyin a used 08...financing the entire thing you pay $8,068.72 in interest over the life of a 5 year loan. Figuring a brand new similarly equipped car is $61k invoice and considering its used you have to knock off a minimum of 10% (generous) which brings it to $54,900. Then you have to factor in the finance rate of a used private party vehicle at 5+% vs. a brand new 08 for 0.9%...to be generous knock off another $5k for that...and you're in upper 40's. hope that makes sense... I'd hold onto it as that's an expensive 1,890 miles... But if you want to unload it at a reasonable price..PM me i just went to 2 dealers over the weekend..both willing to sell me an 08 Coupe for invoice and invoice + 900 at the 0.9 rate. |
|
Appreciate
0
|
11-28-2008, 01:20 AM | #30 | |
Banned
17
Rep 415
Posts |
Quote:
did not substract anything. Took fully equipped 08 M3 DCT price estimate with his car mileage prisitine condition on Edmunds.com not a penny more not a penny less then applied compound 0.9% financing over 5 years for someone who has the total amount available upfront at his bank with 3.2% interest rate gain on saving account. Yes can do that because would do the exact same thing on a NEW 08 M3. |
|
Appreciate
0
|
11-28-2008, 08:11 AM | #31 |
Banned
38
Rep 337
Posts |
Why ar we still fighting about this?
I think 60K is reasonable depending on the total packages that the car has and the MSRP, since the car is no longer listed for sell and the seller hasnt commented on any of the BS posts on this thread I guess its time to close down your shops.... I have an M6, a M3 and my wife has a SL55....a few grands dont matter to most of the people who buy these cars, its all about the right color and the options....a fair price is only a way to the means...and honestly I had paid MSRP on tmy M3 a few months ago, which was 75K, If I were to sell how much do you think I would sell it for...? again, its all about options.....nt price....and its about the enjoying the car after you pay the price.... |
Appreciate
0
|
11-29-2008, 04:13 PM | #32 |
Private
4
Rep 64
Posts |
While we on the topic of car value. I just came back from a dealership. They have a 08 E90. The car is a launch car and it has everything except for heated seats. They are willing to sell it at invoice but it has 1800 miles on it. I was trying to get them to sell it below invoice and the sale manage would not want to lower the price. Would any of you consider a launch car? And at what value would you consider this.
|
Appreciate
0
|
11-29-2008, 05:18 PM | #33 |
Brigadier General
221
Rep 3,592
Posts |
geeez I can't believe I missed this thread also...Jellis any luck w/ the sale? Goodluck hope you have a change of heart and keep her...
__________________
'08 E92 M3 6MT | IB | FR | RAC RG63's | VRS Ti Exhaust | Fabspeed HFC & Xpipe '09 X5 35d SG/SB '11 X3 28i AW/CN/FW (wife's car |
Appreciate
0
|
11-29-2008, 09:35 PM | #34 | |
Banned
38
Rep 337
Posts |
Quote:
|
|
Appreciate
0
|
07-28-2009, 02:31 PM | #35 |
Major General
543
Rep 5,498
Posts |
Wow,
Just saw this.... I sold this car a while ago. I was able to sell it for 58K in a trade for my 997S.... BTW anyone notice that used E92 M3 are kreeping back up steadily now that the launch cars and early allocation cars were over sold. Jason
__________________
Instagram: jellismotorwerks |
Appreciate
0
|
07-28-2009, 10:57 PM | #36 |
Brigadier General
128
Rep 3,071
Posts
Drives: E92M3-E46M3-E46Wagon-E89Z4-E36
Join Date: Dec 2006
Location: Greater St Louis Metro area
|
Jellis, do you miss the M? What is your new project?
__________________
Invest Wisely...The best mod for your money?? BMWCCA high performance driver's school. The mod that lasts a lifetime and improves the performance of any car you drive[/LEFT]
|
Appreciate
0
|
07-29-2009, 09:29 PM | #37 |
Lieutenant
150
Rep 598
Posts |
How is the 997s? What year?
__________________
2006 M3 ZHP in IB (Crashed) | 2005 M3 ZHP in IB (Sold) 2004 M3 in IR - Current 2018 330ix Wagon - Current 2017 328d Wagon - Current |
Appreciate
0
|
Post Reply |
Bookmarks |
|
|