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12-07-2011, 01:19 AM | #1 |
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Buying an M3
Hi guys, I am considering buying a 2007 E92 M3, manual, sunroof, 19000kms.
They are asking $115000 driveaway and offering $37000 trade on my 07 E92 323i. Is this a reasonable deal? Any advice would be appreciated. Thanks. |
12-07-2011, 01:39 AM | #2 |
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looking at the classifieds, a e92 323 goes for high 30's so sounds reasonable.
cheapest e92 m3 is about 90k. but the one you're looking at has pretty low mileage |
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12-07-2011, 09:31 PM | #4 |
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For an 07, yeh agree.
First, an 07 is a bummer, second, a sunroof is a bummer (unless you want one of course, but why would you not want CF??) Colour effects pricing/desirability, so the color is important. Has it got the Individual Audio (silver speaker in the door and a subwoofer under the drivers seat? Has it got the Climate Comfort windscreen or rear roller blind? 18"s or option 19's. Extended leather? (what colour is the trim, this also effects resale/value of the car IMO) All valid things that may effect the price in some way. |
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12-07-2011, 09:59 PM | #5 | |
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Firstly, though, what is wrong with an 07? The colour is interlagos blue, it has 19's and upgraded audio. Don't know about windscreen. I think it has the rear roller blind. What is extended leather? I have decided not to get this one at this stage. It does appear to be about 10k overpriced. I will continue my search. |
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12-08-2011, 01:18 AM | #6 | |
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Happy hunting |
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12-08-2011, 01:32 AM | #7 | |
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The only reason I went to a dealer was because it saves the hassle of selling mine privately. If anyone has an E92 M3 for sale let me know please. I don't really want to go over about 100k but if the right car comes along I might push it to 110k. |
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12-08-2011, 01:52 AM | #8 | |
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12-08-2011, 04:54 AM | #9 |
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Make sure you do your research and don't let them make you believe things on the car are options, like the sunroof - it was/is a "no cost option" because it deletes the carbon roof.
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12-09-2011, 03:10 AM | #10 |
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12-18-2011, 05:14 PM | #11 |
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I'd recommend buying and selling privately too. That M3 is about $15k too much, but dealers charge a lot more.
A family member was recently advised to trade in their lemon merc because the next owner wouldn't know it's service history (it's a new E series). And this was coming from the merc dealer that sold it to them... |
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12-18-2011, 10:57 PM | #12 | |
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I will probably have a look at forum member AlpineM3E92 car when I have sold mine. I agree that the M3 I was offered was at least 15k overpriced. I think they probably traded it for around 90k. They also offered me a demo E90 for 130k, so I don't understand how they can ask for 115k for an 07. Thanks for your reply. |
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12-19-2011, 11:06 PM | #13 |
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You're probably right about that trade price mate. Easy 10-20k on M3 trades. Another favourite is they will say if you buy it, they won't stooge you if you decide to trade it back to them at a later date.
The E90's are cheaper than the coupes BTW. If you want to sell privately with little fuss, my suggestion is to advertise it a bit over the cash trade-in value and hold reasonably firm on your price. My last 2 cars sold in 1-2 weeks this way. You miss out on a couple grand compared to true market value, but it could take months and it's a buyers market at the moment. Then if you buy privately, you are more likely to get the better end of the deal, realtively speaking |
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12-20-2011, 02:24 PM | #14 | |
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I sold mine to a dealer not too long ago now, I couldn't be bothered waiting anymore. Just to let you know mine was a 07 manual, all options, full bmw service history, was under bmw warranty for another 2 years and also has free servicing for another 2 years (this is not meant to be transferable, technically it's not but who's to say that I can't just tell them a 'friend' of mine is bringing it in haha) http://www.carsales.com.au/dealer/de...neSize:Min,Max That's actually the ad for my car, I'm not sure if it's still available or not but I would definitely recommend it and it's very well priced. PM me if you want more information on the car. I've also just recently put a deposit down on another M3 here in Singapore that should be clearing customs next week...it's frozen grey with the comp pack |
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12-20-2011, 09:47 PM | #16 |
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There's basically 3 ways of buying an M3 here being the first owner in Singapore.
Firstly, you can go through the official importer, expect to pay at least $420K SGD Secondly, you can "parallel" import one from the UK, this will cost $320K SGD (this is all before options. Thirdly, you can do a "used car import", whereby, the car must be less than 3 years old from the UK. I'm paying roughly $50k SGD less than the parallel imported price for a car with 1,000kms on it. The main differences would be that UK cars generally have a lower spec, not all of them come with front parking sensors and the speedo has Km/h and Mph. Although UK cars have the digital read out in either format! btw, 1 AUD is roughly 1.31 SGD now |
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01-02-2012, 09:56 PM | #18 |
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I am close to finalising the sale of my car so if you know of a good E92 M3
for sale let me know. I will try and organise to look at AlpineM3E92 in the next week or so. I have seen a few on carsales so I am only asking for ones that are not listed there. I am not too fussy on colour at this stage and will judge each car on its merits. My budget is around 100-110k. Thanks Gerry |
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01-04-2012, 05:57 PM | #19 | |
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I thought dealerships wouldn't do this ie. Verify the data for you etc I'd be happy if there was such a service!
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01-04-2012, 07:38 PM | #20 | |
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Since then we have purchased 2 cars from the same dealer. |
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01-05-2012, 12:46 AM | #21 | |
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Usually people here take their cars to the Sepang F1 track in Malaysia, I think it's about a 3-4 hour drive from Singapore. I've seen the freeway they have running up the middle of Malaysia before too and it looks awesome for high speed runs! There's also another track much closer by called Pasir Gudang but I don't think the standard is anything like Sepang.
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01-05-2012, 06:00 AM | #22 | |
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