[Sayang]

Please advise me on the purchase of an 2005 BMW M3 with Competition & premium pkg, navigation, manual, red exterior, black interior, 25000 mls, heated front seats, xenon.
It has been on the dealers lot a month!
Started with asking $45.000.
Not certified!
What would be a reasonable price?
Thanks!

[ase2dais]

That one of the best year, bcoz of the competition package ZCP, plus aside from LEDs, you wont be paying as much premium price compare to an 06 and most likely still under factory warranty.

- option package, aside from ZSP, ZPP, Nav a big 2 thumbsup
- 6MT tranny another plus for me, much better fun factor (no flames pls)
- color red exterior w/ black interior very workable for most buyer when it come to selling it again
- 25000 mls not bad, would have like it a little less, since you're closing in Service Maintenance 1, but if under 4yr/50k no problem
- heated front seats, xenon are another small wow factors
- a month on the lot isnt too bad, since its off-season buying. Spring and Summer is coming, that would sell, but expect them to drop the price 3k next few months

4-5k less would be better since its not CPO'ed and they have saved 2-3k not doing it. start neg. at 4-5k less but settle for no less than 3k, argue that is the savings they had not getting it CPO. But have it PPI'ed by you through another dealership if possible, and asked it be refundable if you buy the car.
(1hr/PPI=$115)



What would be a reasonable price? heres your measuring stick as a guide
Excellent
$46,545
Good
$44,130
Fair
$40,870

play at 41-42k tell them the 08 is due out and the e46 /M will have a drastic market price adjustment, since most e46 m owners will be bailing out and the supply will surge, before it settles again.

better yet $40k and walk away, with the silent intention to call back with $41-42k offer

GL, hope it works

[Kafka]

I recently bought a pre-owned E46 M3 with 28K (Canada) and have had not problems but lots of thrills. However, I bought mine from a BMW dealer and it was "Certified" which includes a VERY thorough check and repair of everything (it was close to new looking and performing) and a very good extended warranty among other things. I did this mainly because I was concerned how the first driver drove the car, especially during the 1200 mile "break in" period. I also checked out all the BMW service/maintenance and other work done on it (re accidents, etc.). Maybe I'm paranoid but I wouldn't buy a pre-owed BMW except from a BMW dealer and have it certified. If things go wrong it can cost you big $ and impact your resale. Also, my understanding is that the new M3 will have minimal impact on the value of the E46 M3.
Anyway, good luck with the search for the new car and hopefully you'll be drivin' in the sun soon.
K.

[Sayang]

Thanks guys for your help. The car finally got sold, and it was NOT to me!
Hope someone else will be lucky!

[Damage Inc]

I just picked up an 05 ZCP, fantastic car and great year. Pay to have the car checked out at a BMW dealer, the PPI standard fee. Also have the SA run a service history on the car through their computer. Look at autotrader.com to get an idea of what the going rate is. Good luck.

[00o00]

do you think that you could bargin in to the deal to have the CPO it...

i was just thinking about what kafka said and it would help alot on the re-sale (this questiong is for anyone)

i don't even know if this is possible, but if it is you will probebly end up paying a higher price (well defanitly actully) BUT you would get to say CPO to the next person/party buying the car

i don't even know if this matters to you at all but ya.