First time M3 Buyer --Help!

AirFreshOne · 09-28-2008, 05:02 PM

Hello,
I am new to this board, and have decided to buy a 2008 or 2009 M3 Sedan.
Based on the attractive financing rates, I think buying a 2008 is the right move for me. However, can you please provide some insights on the following:

1) Best place to make my deal? I live in Salt Lake City, Utah --but could go to Vegas, Phoenix, Colorado, or any other "regional" dealer. The reason I am so willing to look outside Utah is that I visited local dealer yesterday, and they tried selling me on a financing package CONSIDERABLY higher than what is currently on BMW's website (and they would only go $1,500 off sticker).

2) What is a reasonable amount over invoice for this car? Will it be tougher to get a deal on the DC transmission vs. the 6-speed?

3) I have seen the invoice on the 2009s, but does anyone have a copy for 2008?

I appreciate any insights provided, and look forward to contributing to this board as I join the M3-Owner's Club!

AZ-BMW · 09-28-2008, 10:17 PM

Recommend you contact will@longbeachbmw.com

wgf77 · 09-28-2008, 10:20 PM

Tell your local dealer to kiss your ass...

uilnehpets2 · 09-29-2008, 05:05 PM

Hey and welcome to the forum!

Yes, DCT cars are harder to come by as the dealerships are looking to rid of all of their 08 cars right now with the 09's rolling in next month. You should be able to pick one up for 500-1000 over invoice right now.

If you could find an '08 optioned to your liking and don't mind not having the new iDrive, I'd go for the '08 because you'll save quite a bit with the 1.9% financing. I don't have a copy of the 08 invoice prices but the 09 is 1000 higher than an '08. In addition, '09's are going for about 1-2k over invoice while you should be able to pick up an '08 for 500 over invoice right now (roughly 4500 under MSRP). Right off the bat you save $2-2,500 by purchasing an 08. (I bought my 09 for 1500 over invoice in San Jose, CA) And then add in the amount of savings when you finance 1.9% vs. 4,5,6 percent, which will be around 4-5k, depending on how much you finance, and it comes out to about 5-7k savings over the course of 5 years.

Best of luck in your search!

AirFreshOne · 09-29-2008, 10:38 PM

Thanks for the advice everyone (both in posts, and PMs). It looks like invoice plus $500-$1000 is about the going rate for a 2008, and I will pull the trigger on one in the coming days.

Stay tuned...

09-28-2008, 05:02 PM	#1
AirFreshOne Registered 0 Rep 4 Posts Drives: 2008 Toyota Tundra Crew Max Join Date: Sep 2008 Location: Salt Lake City, Utah iTrader: (0)	First time M3 Buyer --Help! Hello, I am new to this board, and have decided to buy a 2008 or 2009 M3 Sedan. Based on the attractive financing rates, I think buying a 2008 is the right move for me. However, can you please provide some insights on the following: 1) Best place to make my deal? I live in Salt Lake City, Utah --but could go to Vegas, Phoenix, Colorado, or any other "regional" dealer. The reason I am so willing to look outside Utah is that I visited local dealer yesterday, and they tried selling me on a financing package CONSIDERABLY higher than what is currently on BMW's website (and they would only go $1,500 off sticker). 2) What is a reasonable amount over invoice for this car? Will it be tougher to get a deal on the DC transmission vs. the 6-speed? 3) I have seen the invoice on the 2009s, but does anyone have a copy for 2008? I appreciate any insights provided, and look forward to contributing to this board as I join the M3-Owner's Club!
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09-28-2008, 10:17 PM	#2
AZ-BMW Captain 51 Rep 965 Posts Drives: 2009 M3 E93 w/DCT Join Date: Mar 2007 Location: Sunny, Warm AZ iTrader: (0)	Recommend you contact will@longbeachbmw.com __________________ 2009 AW M3 E93 - Black Novillo\|DCT\|ZTP\|ZPP\|752 Enh Audio\|4UT\|Heated Seats\|6FL\|6NF\| For jpg's: http://www.m3post.com/forums/showthr...=186382&page=4 Traded: 2007 335i E93
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09-28-2008, 10:20 PM	#3
wgf77 Private First Class 17 Rep 159 Posts Drives: 2012 Audi A5 Join Date: Apr 2008 Location: Chicago iTrader: (0)	Tell your local dealer to kiss your ass...
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09-29-2008, 05:05 PM	#4
uilnehpets2 Registered 0 Rep 4 Posts Drives: On Order: 09 M3 Sedan Join Date: Sep 2008 Location: San Francisco, CA iTrader: (0)	Hey and welcome to the forum! Yes, DCT cars are harder to come by as the dealerships are looking to rid of all of their 08 cars right now with the 09's rolling in next month. You should be able to pick one up for 500-1000 over invoice right now. If you could find an '08 optioned to your liking and don't mind not having the new iDrive, I'd go for the '08 because you'll save quite a bit with the 1.9% financing. I don't have a copy of the 08 invoice prices but the 09 is 1000 higher than an '08. In addition, '09's are going for about 1-2k over invoice while you should be able to pick up an '08 for 500 over invoice right now (roughly 4500 under MSRP). Right off the bat you save $2-2,500 by purchasing an 08. (I bought my 09 for 1500 over invoice in San Jose, CA) And then add in the amount of savings when you finance 1.9% vs. 4,5,6 percent, which will be around 4-5k, depending on how much you finance, and it comes out to about 5-7k savings over the course of 5 years. Best of luck in your search!
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09-29-2008, 10:38 PM	#5
AirFreshOne Registered 0 Rep 4 Posts Drives: 2008 Toyota Tundra Crew Max Join Date: Sep 2008 Location: Salt Lake City, Utah iTrader: (0)	Thanks for the advice everyone (both in posts, and PMs). It looks like invoice plus $500-$1000 is about the going rate for a 2008, and I will pull the trigger on one in the coming days. Stay tuned...
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