New Guy

MJC///M3 · 08-05-2008, 09:17 PM

Hey Everyone,

Just wanted to say a friendly hi, just joined the forum. I'm 24 and live in the Bronx NY. Have been a huge bmw fan my entire life, and finally worked my way to being able to afford the new M3.

As sort of a newbie (never having previously owned an M car or gone through the process of purchasing one), I actually have a few questions.

Do you guys think it is better for me to wait until the end of the year and go for an 08' E92 M3, or should I wait for the 09'. I know a bunch of dealers have 08's sitting around..... Will the 09' be difficult to get for a fair price, given that BMW is expected to once again raise prices due to the difficult economic conditions plaguing the US?

I think I am going to buy it, however, would you guys recommend leasing or not....i know the money factors and residuals on the new M3 are pretty bad right now, but do you think there will be any significant changes in the near future?

Thanks for the input!!! Great to be a part of the forum.

Mike

PLAYON · 08-05-2008, 09:27 PM

welcome,

1) I'd buy it if you're thinking about holding on to it for a little while
2) Some people are going to say wait for the '09 but honestly youre not losing out completely springing for the '08

Radiation Joe · 08-05-2008, 09:28 PM

I'm waiting for an 09 sedan only because I can't find an 08 configured the way I want. IMHO the 08s are a very good bargain right now, and will only get better over the next month or so.

If you can find an 08 configured the way you want it, buy it. You should be able to get at least $5k off of sticker. You might even see some incentive interest rates applied to the M3 in a few days.

positiveions · 08-05-2008, 11:13 PM

I am waiting 'til Summer of 09' 'til I get my nursing license. I want to configure it the way I want to.
Welcome to the #1 "ULTIMATE DRIVING MACHINE"
ELi

Big Windy · 08-06-2008, 12:26 AM

Mike, its really up to you at this point. I'd steer you towards an 09 because we are less than a month away from 09 builds. Yeah, the 09 MSRP is going to go up, but not astronomically. It is probably true that you can get a good deal on an 08 at this point, but you might not be able to find what you want.

Can't help you with the leasing thing...I don't know jack about MF and residuals.

Good luck and welcome!

Davinhci · 08-06-2008, 12:27 AM

don't matter what year you get, you ca't go woring but get the specs you want tho

MJC///M3 · 08-06-2008, 07:16 AM

Thanks for the input guys, I probably will just wait for the 09' then, as Big Windy said, we are only a few weeks away from the 09 builds, that way I can configure the M3 the way I want.

08-05-2008, 09:17 PM	#1
MJC///M3 Colonel 87 Rep 2,324 Posts Drives: 09 SSII E92 M3 Join Date: Aug 2008 Location: Bronx, NYC iTrader: (0)	New Guy Hey Everyone, Just wanted to say a friendly hi, just joined the forum. I'm 24 and live in the Bronx NY. Have been a huge bmw fan my entire life, and finally worked my way to being able to afford the new M3. As sort of a newbie (never having previously owned an M car or gone through the process of purchasing one), I actually have a few questions. Do you guys think it is better for me to wait until the end of the year and go for an 08' E92 M3, or should I wait for the 09'. I know a bunch of dealers have 08's sitting around..... Will the 09' be difficult to get for a fair price, given that BMW is expected to once again raise prices due to the difficult economic conditions plaguing the US? I think I am going to buy it, however, would you guys recommend leasing or not....i know the money factors and residuals on the new M3 are pretty bad right now, but do you think there will be any significant changes in the near future? Thanks for the input!!! Great to be a part of the forum. Mike __________________ "You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
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08-05-2008, 09:27 PM	#2
PLAYON Major 247 Rep 1,414 Posts Drives: 2008 BMW 550i Join Date: May 2008 Location: East Coast iTrader: (0) Garage List 2008 BMW 550i [0.00] 2003 Audi A4 [0.00]	welcome, 1) I'd buy it if you're thinking about holding on to it for a little while 2) Some people are going to say wait for the '09 but honestly youre not losing out completely springing for the '08 __________________ Last edited by PLAYON; 08-06-2008 at 12:15 AM..
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08-05-2008, 09:28 PM	#3
Radiation Joe Veni Vidi Vici 89 Rep 2,750 Posts Drives: '11 JB/BBe-6sp-e90 Join Date: Jul 2008 Location: Macungie PA iTrader: (0) Garage List 2011 e90 M3-Sold [8.50] 2003 RS6 - Sold [0.00] 2009 e90 M3 - Gone [0.00] 2003 M3 SOLD [0.00] old 2002 [10.00]	I'm waiting for an 09 sedan only because I can't find an 08 configured the way I want. IMHO the 08s are a very good bargain right now, and will only get better over the next month or so. If you can find an 08 configured the way you want it, buy it. You should be able to get at least $5k off of sticker. You might even see some incentive interest rates applied to the M3 in a few days. __________________ Dinan compliment of stuff plus PF rotors and RG63s. Enough for now. Why, yes. I am an abrasive bastard.
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08-05-2008, 11:13 PM	#4
positiveions Lieutenant General 961 Rep 11,722 Posts Drives: 19 Tacoma, 16 Golf wagon Join Date: Sep 2007 Location: Upland, CA iTrader: (2) Garage List 2019 Toyota Tacoma [0.00] 2016 VW Golf Sports ... [0.00] 1998 BMW M3 [0.00] 1990 BMW 325is [0.00]	I am waiting 'til Summer of 09' 'til I get my nursing license. I want to configure it the way I want to. Welcome to the #1 "ULTIMATE DRIVING MACHINE" ELi
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08-06-2008, 12:26 AM	#5
Big Windy Major General 152 Rep 5,124 Posts Drives: None Join Date: Mar 2007 Location: Bay Area iTrader: (0)	Mike, its really up to you at this point. I'd steer you towards an 09 because we are less than a month away from 09 builds. Yeah, the 09 MSRP is going to go up, but not astronomically. It is probably true that you can get a good deal on an 08 at this point, but you might not be able to find what you want. Can't help you with the leasing thing...I don't know jack about MF and residuals. Good luck and welcome!
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08-06-2008, 12:27 AM	#6
Davinhci Colonel 55 Rep 2,484 Posts Drives: 08 M3 E92 & 08 E70 X5 4.8 Join Date: Mar 2008 Location: Austin, TX iTrader: (6) Garage List 2008 M3 [0.00]	don't matter what year you get, you ca't go woring but get the specs you want tho __________________ 08 E92 AW M3 \| HRE P40 19" \| APE Air Filter \| BMW Performance Grills \| White Side Gills \| CF Mirror Covers \| BMW Performance Pedals \| F1 Pinnacle Tint \| V1 Hardwire \| Dinan Performance Software \| Gintani Exhaust \| H&R Sports Springs \| RPI Scoops \| BMW CF Spoiler \| Challenge Diffuser \| Lux H8 V3 \| LCI Tail Lights \|
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08-06-2008, 07:16 AM	#7
MJC///M3 Colonel 87 Rep 2,324 Posts Drives: 09 SSII E92 M3 Join Date: Aug 2008 Location: Bronx, NYC iTrader: (0)	Thanks for the input guys, I probably will just wait for the 09' then, as Big Windy said, we are only a few weeks away from the 09 builds, that way I can configure the M3 the way I want. __________________ "You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
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