Buying a CPO M3

m3lover08 · Sun, Dec-07-2008, 11:28:10 PM

Hi,
I'm looking to purchase a Certified Pre-Owned M3 with the following:

2006 model
Competition Package
Cold Weather Package
6 Speed Auto (with SMG)
HK Sound

Titanium Metallic Paint
Black leather interior

I found one dealer who has one with 33K miles and is looking for $44K.

How low do you think I can go? I'm in the SF Bay Area...competition is fierce.

Help is appreciated.

deadlysyns · Sun, Dec-07-2008, 11:40:27 PM

Quote:

Originally Posted by m3lover08

Hi,
I'm looking to purchase a Certified Pre-Owned M3 with the following:

2006 model
Competition Package
Cold Weather Package
6 Speed Auto (with SMG)
HK Sound

Titanium Metallic Paint
Black leather interior

I found one dealer who has one with 33K miles and is looking for $44K.

How low do you think I can go? I'm in the SF Bay Area...competition is fierce.

Help is appreciated.

Try to get it below $40K.

m3lover08 · Sun, Dec-07-2008, 11:47:18 PM

Is $37K a reasonable deal? or should I shoot for lower?

bmw4life13 · Mon, Dec-08-2008, 12:09:03 AM

Quote:

Originally Posted by m3lover08

Is $37K a reasonable deal? or should I shoot for lower?

I would not pay more than $34-35k. If you think I'm crazy than check out what mint '06 m3's with LESS miles have been sold on ebay by BMW dealers. Time and economy is on your side!!! There was a
06 m3 with 6000 miles that sold for $34.5k on ebay ny a BMW dealer.

jph28 · Mon, Dec-08-2008, 12:29:01 AM

Offer a price that YOU are comfortable with, a price that reflects what the car is worth to YOU. If you go in with the mindset that it should be yours for $34k because that's what someone told you on the internet, there is probably a great chance that someone else in the bay area will offer more and walk away with that car. A buyer can always delay and delay and look for the best possible deal around the country, you just need to ask yourself if it's worth it to you.

**deilenberger** · Mon, Dec-08-2008, 12:54:50 AM

This is all nice advice - but - lots of dealers will sit on a car rather than drastically break price. Many will give a 10% discount (making your $44K car a $40k deal) - I don't know of many who will accept 20-30% less.

Archimedio · Mon, Dec-08-2008, 01:58:48 AM

Quote:

Originally Posted by bmw4life13

I would not pay more than $34-35k. If you think I'm crazy than check out what mint '06 m3's with LESS miles have been sold on ebay by BMW dealers. Time and economy is on your side!!! There was a
06 m3 with 6000 miles that sold for $34.5k on ebay ny a BMW dealer.

That car will sell for more than $35k in the Bay Area. OP, I would guess it'll go for about $38k right now if it's a one owner car in perfect condition with all maintenance done and good tires.

M3_syr · Mon, Dec-08-2008, 11:24:42 AM

cash is king and now is the best time to buy. try to be brave and offer 32

and tell him to call you back if agreed. Do not show much interest

Makavelim3 · Mon, Dec-08-2008, 12:32:42 PM

35k to 38k is fair for both of u

Sun, Dec-07-2008, 11:28:10 PM	#1
m3lover08 Registered User Join Date: Dec 2008 Posts: 2 Reputation: 0	Buying a CPO M3 Hi, I'm looking to purchase a Certified Pre-Owned M3 with the following: 2006 model Competition Package Cold Weather Package 6 Speed Auto (with SMG) HK Sound Titanium Metallic Paint Black leather interior I found one dealer who has one with 33K miles and is looking for $44K. How low do you think I can go? I'm in the SF Bay Area...competition is fierce. Help is appreciated.

Sun, Dec-07-2008, 11:47:18 PM	#3
m3lover08 Registered User Join Date: Dec 2008 Posts: 2 Reputation: 0	Lower than $40K Is $37K a reasonable deal? or should I shoot for lower?

Mon, Dec-08-2008, 12:54:50 AM	#6
deilenberger Moderator Join Date: Dec 2004 Posts: 13,310 Reputation: 578	This is all nice advice - but - lots of dealers will sit on a car rather than drastically break price. Many will give a 10% discount (making your $44K car a $40k deal) - I don't know of many who will accept 20-30% less. __________________ Don Eilenberger AKA bellymeisterburgermeister and denilegiiiiiiiiiiiiibennnnegerieragher (but that's misspelled..) 2001 M-Coupe - TiSilver/Black - Das Boot.. 2002 M3C/6 - Imola Red/Black - SOLD 2003 525iT - Green/Tan - SOLD - replaced with Lexus 2006 Cayenne/S - Iceland Silver Metallic/Stone-steel Gray - Truckster. 2007 R1200R - Roadster, black mit/white pinstripes - the REAL BMW.. 2011 Lexus RX-350. SWMBO's new toy.

Mon, Dec-08-2008, 12:32:42 PM	#9
Makavelim3 M3 Devil Join Date: Jul 2007 Posts: 3,796 Reputation: 0 Location: Mississauga	35k to 38k is fair for both of u __________________ 2011 E92 M3, Competition Package, Le Mans Blue/Black/Carbon, MDCT Modds: Euro Front Bumper, BMW Carbon Fiber Front Splitter & boot spoiler, Akrapovic, Matt black competition wheels, SS brake lines, KW V3 + KW EDC isolators, EVO sport pulley kit, Macht Schnell air filter & scoop. Gone but not forgotten: Euro 2004 E46 M3

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Mon, Dec-08-2008, 12:29:01 AM	#5
jph28 Chin 3/3 @ VIR Full Join Date: Mar 2008 Age: 29 Posts: 6,259 In the garage: '12 VOLKSWAGEN JETTA '04 BMW M3 Reputation: 0 Location: Chapel Hill, NC	Offer a price that YOU are comfortable with, a price that reflects what the car is worth to YOU. If you go in with the mindset that it should be yours for $34k because that's what someone told you on the internet, there is probably a great chance that someone else in the bay area will offer more and walk away with that car. A buyer can always delay and delay and look for the best possible deal around the country, you just need to ask yourself if it's worth it to you.

Mon, Dec-08-2008, 11:24:42 AM	#8
M3_syr Registered User Join Date: May 2004 Posts: 212 Reputation: 0 Location: DAMASCUS	cash is king and now is the best time to buy. try to be brave and offer 32 and tell him to call you back if agreed. Do not show much interest

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