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      01-29-2015, 12:38 PM   #1
Sm2s
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Did I overpay my M3 too much?

So I bought my M3 in September 2014, and I think I overpaid the car a lot now that I started looking at what they are selling for. What do you guys think? These are the specs:

Year: 2012

Miles: 38,000

Model:E92

Optionals: Competition package, 19' wheels, carbon roof, and everything else except cold weather Package.

Color: Space Gray

Interior: Two tone red and black with carbon trim

Price: $48,000

What do you think? Do you think I will loose a lot when I resale the car? It now has 41k miles and I will lose warranty soon when I hit 50k.

Any input and opinions are appreciated.
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      01-29-2015, 12:46 PM   #2
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Nope, right on the money imo. Desirable color combo and comp package. DCT or 6mt?
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      01-29-2015, 01:03 PM   #3
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$48k was somewhat reasonable. You should've had it CPO'd. As far as your question about the value decreasing, of course it will. That happens will almost all vehicles unless you get lucky and grabbed a 1M at original MSRP. The original owner took the biggest percentage of depreciation. It's your turn to enjoy it until you get tired of it or the depreciation curve has slowed.
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      01-29-2015, 08:08 PM   #4
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I think you are fine. Are there better deals out there? Yes. But there are certainly far worse deals out there, as well. You did fine. Congrats and enjoy the car.
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      01-30-2015, 08:26 AM   #5
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Quote:
Originally Posted by Shredicus View Post
Nope, right on the money imo. Desirable color combo and comp package. DCT or 6mt?
It's a DCT, it was exactly what I was looking for. Thats why I fell in love with it instantly and just went ahead and got it.
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      01-30-2015, 08:27 AM   #6
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Thank you all for the responses, it really gives me a little bit more of a peace of mind.
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      01-30-2015, 09:33 AM   #7
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Doesn't seem bad to me either having just been in the market for a similar car.

Lots of car for 48k.
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      01-30-2015, 02:39 PM   #8
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For a 2012 that was a good deal
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      01-30-2015, 03:40 PM   #9
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I think that's a little high. I bought my 2011 with 16k miles, full loaded except heated seats, DCT, for $48.3k back in August.
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      01-30-2015, 03:41 PM   #10
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for a 2012 I think you are in fair pricing
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      01-30-2015, 03:48 PM   #11
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Not too shabby for a 2012 with all of those options. All that matters is that you got the car you wanted for the price you wanted to pay. Congrats.
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      02-13-2015, 09:09 AM   #12
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Hind sight is always 20/20. If you got the car you wanted and are comfortable with the price then enjoy it and don't worry if someone else got it for few grand less.
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      02-13-2015, 09:58 AM   #13
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Quote:
Originally Posted by burtonsbs5114 View Post
Hind sight is always 20/20. If you got the car you wanted and are comfortable with the price then enjoy it and don't worry if someone else got it for few grand less.
This x100.
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