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05-27-2011, 06:43 PM | #1 |
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M3 lease is up, exploring my options...
So my lease is up in about a month, my buy out price is great so I'm not going to turn it in, I'm going to buy it, but then what? Obviously I know the opinions here will be biased but I'm curious to see what you guys think.
1. Keep my 2008 M3 Pros: $33k, Love it, Handles great, Familiar Cons: iDrive just went out ($??), Spendy maintenance, not new 2. 2011 M3 Pros: Love it, Maintenance and Warranty, handles great, possible collector car, new Cons: $68k, A lot of $ for the same car I've had the last 3 years 3. 2011 Corvette Grand Sport Pros: Fast, Looks good (imho), cheap to maintain Cons: $68k decently equipped, old man car stigma 4. 2008 Corvette Pros: $36k, Fast, cheap to make stupid fast Cons: pre-owned, old man car stigma 5. 2011 CTS-V Coupe Pros: Looks Great (imho), Different, stupid fast Cons: $68k, Not sure about handling, cadillac 6. 2011 Cayman S Pros: Looks good, Handles great, different Cons: $66k, slow, douche stigma 7. 2008 Cayman S Pros: Price, Looks good, handles great, different Cons: spendy to maintain, slow, douche stigma 8. 2012 1M Coupe Pros: Price, Handles well, different Cons: slow, ugly What do you guys think? I'm open to other suggestions also.
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05-27-2011, 06:49 PM | #4 |
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ext warranty on your current rig or add a SC kit
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05-27-2011, 07:07 PM | #5 |
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I'd wait for a 2012 anyway if you were gonna go for another M3. Maybe the gap in ownership would make it a fun wait/anticipation all over again?
Then again, $33k is not bad for an 08 M3 either. You'd have to look closely at the milage and condition to determine whether or not it would be a good "buy" or not. Is the car out of warranty on mileage I take it? (Otherwise who cares if the iDrive is broken right?) |
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05-27-2011, 10:12 PM | #6 |
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I see you have two seaters on your list. If I could get away with a 2 seater, it would be either a Vette or Caymen. And between those, if its a manual I'd take the Vette, automatic I'd get the PDK Caymen.
If you want the +2, then one I'd look at CTS-V (manual) or another M3 (DCT). One thats not on your list is the new C63 Coupe which is pretty sick with the 8 speed. If you want the next gen M3, I'd just hold on to your 08 for a couple more years. Best to break it down by your wants rather than what stigma you think it has.
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05-28-2011, 09:59 AM | #8 |
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I am going to be in the same boat soon & will but my leased '08 E92 M3. I will not be getting an extended warranty but will supercharge it once the warranty is over.
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05-28-2011, 12:13 PM | #9 |
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Lol, Porsche has douche stigma? No more than a BMW. Cayman S is slow? Have you ever driven one? Yes, it's not as quick in a straight line as some of your other options, but will beat many of those on a tight course.
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05-28-2011, 02:48 PM | #11 |
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I'm in a similar boat as you with residual of around 37000. I'm leaning towards keeping it, but have recently been looking at the 1m. At first I didn't like the car due to looks and various other reasons, but it's growing on me, esp. with the glowing reviews. I think it would be a blast to drive that little beast with all the low end torque and M3 handling for the most part. Plus, you still get a back seat. However, I would really have to drive one first and that's nearly impossible and getting one for less than MSRP is difficult. Also, I'm afraid I would miss the high rev NA engine. For a little more than some of the cars on your list, you could also pick up a used 997 S.
Last edited by erio; 05-28-2011 at 02:54 PM.. |
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05-29-2011, 11:35 AM | #12 |
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I'd say keep it and do some engine mods.
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05-29-2011, 12:07 PM | #13 |
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I am getting the CTS-V coupe for my wife when her 3 series lease is up this year, it is nutz beyond the M3 and cheap for all you get........Steve
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05-29-2011, 04:31 PM | #16 |
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read and thought about it carefully.
i d say buy it anyway. no matter what car you want, if you want a new car, you can sell it for a much higher price then 33k. i think the next generation M3 is coming out in 2years. you can chose to wait until then. if you want to change to a canyman or CTS-V. you can get it after you resell the car. then you are able to leave a little bit more down payment and get a lower interest. hope this helps. JASON |
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05-29-2011, 06:08 PM | #18 | |
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Op, Test them out first. Cayman S are brutal and so is the 1M, not in a straight line but wait til you see one driving on twisty backroads and especially on the track... |
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05-29-2011, 06:08 PM | #19 |
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This.
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05-30-2011, 11:15 AM | #21 | |
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06-01-2011, 10:37 AM | #22 | |
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Then sell it, and get the 2012 M3 (granted that the 2012 M3 is any good). I wouldn't worry about it having some miles, though. You'd only be using it as a toy for a year or two. Who cares, just have some fun. http://www.autotrader.com/fyc/vdp.js...standard=false http://www.autotrader.com/fyc/vdp.js...standard=false F the old man stigma shit. You won't give a crap when you're grinning ear to ear with your foot on the floor. (Although I get the Porsche tiny penis thing... If I was single that car would probably work against me, lol. But with a turbo kit, who gives a crap. That little thing is a mini GT2. Plus cost of entry + turbo isn't that much, so it's a great little set-up. http://www.tpcracing.com/products/TP...n-S-Turbo-Kit/) -scheherazade |
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