Considering a 2008 E93 M3

[markymarc1979]

I was wondering what everyone thinks of this deal.

[IMG][/IMG]

[volinder]

Not bad, I got $14 500 off my e93 cab in Calgary. Perhaps there is a little more room to get a discount. Otherwise, not to bad I think

[markymarc1979]

Originally Posted by volinder

Not bad, I got $14 500 off my e93 cab in Calgary. Perhaps there is a little more room to get a discount. Otherwise, not to bad I think

if they can get it closer to the 40k range, I may consider.

[Vise]

Yeah I'd think they could do better than that, isn't the factory to dealer incentive on 2008 E93s at $10k+ these days? You should be able to get 6% discount from the dealer on top of the factory incentive and even more if the car is in stock at that dealer.

[M3 vert]

Originally Posted by Vise

Yeah I'd think they could do better than that, isn't the factory to dealer incentive on 2008 E93s at $10k+ these days? You should be able to get 6% discount from the dealer on top of the factory incentive and even more if the car is in stock at that dealer.

+1 I agree, that incentive is from BMW Canada, you should ask for more discount, or perhaps some accessories thrown in tints 3M etc.

[markymarc1979]

Originally Posted by Vise

Yeah I'd think they could do better than that, isn't the factory to dealer incentive on 2008 E93s at $10k+ these days? You should be able to get 6% discount from the dealer on top of the factory incentive and even more if the car is in stock at that dealer.

Yea it's been sitting on their lot for a while. I think they can get it closer to 40K. The problem is they are only giving me 36K for my 2007 335 with 8000km on it. I paid 56k for it brand new. That means they are only offering me 20K less for it.

Maybe I'm better off trying to sell it privately?

[M3 vert]

Originally Posted by Vise

Yeah I'd think they could do better than that, isn't the factory to dealer incentive on 2008 E93s at $10k+ these days? You should be able to get 6% discount from the dealer on top of the factory incentive and even more if the car is in stock at that dealer.

and yes that car has been with them for over 6 months

[markymarc1979]

Am I better of selling privately? Look at this car, it's very similar to mine.

http://www.trader.ca/powerpage/detai...1&adid=7382010


But the tax savings is where I lose.

[M3 vert]

Originally Posted by markymarc1979

Yea it's been sitting on their lot for a while. I think they can get it closer to 40K. The problem is they are only giving me 36K for my 2007 335 with 8000km on it. I paid 56k for it brand new. That means they are only offering me 20K less for it.

Maybe I'm better off trying to sell it privately?

I think you will notice that there is a lot of 335i's on the market, and yours is no difference except maybe the low K. Today's market it will be hard to sell it privately IMO.

You should offer them $35K net difference, and see what they say, as they are currently at $42K + Taxes

That way you get a trade-in value surplus of $7K which means you get $43K or a $8K discount on the M3 at $71,645 either way you look at it.

What do you think is a resonable pre-tax net-difference figure?

[markymarc1979]

Originally Posted by M3 vert

I think you will notice that there is a lot of 335i's on the market, and yours is no difference except maybe the low K. Today's market it will be hard to sell it privately IMO.

You should offer them $35K net difference, and see what they say, as they are currently at $42K + Taxes

That way you get a trade-in value surplus of $7K which means you get $43K or a $8K discount on the M3 at $71,645 either way you look at it.

What do you think is a resonable pre-tax gross difference figure?

Ideally I wouldn't want to pay more than $40k-$42k net difference. Is that reasonable?

[M3 vert]

Originally Posted by markymarc1979

Ideally I wouldn't want to pay more than $40k-$42k net difference. Is that reasonable?

Does that include taxes?

$40K-$42K (including taxes) equates to $35K-$37K (pre-taxes)

which is what I suggested as a reasonable offer in my previous post

So if thats the case, start with $35K+Taxes as your offer!

[markymarc1979]

Originally Posted by M3 vert

Does that include taxes?

$40K-$42K (including taxes) equates to $35K-$37K (pre-taxes)

which is what I suggested as a reasonable offer in my previous post

So if thats the case, start with $35K+Taxes as your offer!

Yes 35K + taxes would be ideal. Can you sell this car at that price and make some profit? Obvioulsy they won't sell it if they're not making anything?

[M3 vert]

Originally Posted by markymarc1979

Yes 35K + taxes would be ideal. Can you sell this car at that price and make some profit? Obvioulsy they won't sell it if they're not making anything?

Sell this car? Im not sure what you mean the 335i?
Could you please clarify that statment?

[markymarc1979]

Originally Posted by M3 vert

Sell this car? Im not sure what you mean the 335i?
Could you please clarify that statment?

It's a typo. I mean can the dealer sell the car at this price and still make some profit? Or do they just want to clear the inventory?

[Jaypod]

Originally Posted by markymarc1979

Yes 35K + taxes would be ideal. Can you sell this car at that price and make some profit? Obvioulsy they won't sell it if they're not making anything?

They probably dont want to take a loss, having said that I am sure they will negotiate just to get it out the door. I would say if this is a car you really like and are looking for an M3 dont wait do the negotiating now. Once the nicer weather starts rolling in (and all it could take is a real nice day) Someone strolling into the dealership to look for an 09 (or even a e93 335), might see a heavily discounted 08 and jump on it. Cabs typically dont sell during in big numbers during the winter months and seem to vanish once you hit march.

Worst case the numbers you posted above are a pretty good deal on an e93 M3 as you wont get that on an 09 anytime soon - espcially if you want to enjoy the top down this summer.

[markymarc1979]

Originally Posted by Jaypod

They probably dont want to take a loss, having said that I am sure they will negotiate just to get it out the door. I would say if this is a car you really like and are looking for an M3 dont wait do the negotiating now. Once the nicer weather starts rolling in (and all it could take is a real nice day) Someone strolling into the dealership to look for an 09 (or even a e93 335), might see a heavily discounted 08 and jump on it. Cabs typically dont sell during in big numbers during the winter months and seem to vanish once you hit march.

Worst case the numbers you posted above are a pretty good deal on an e93 M3 as you wont get that on an 09 anytime soon - espcially if you want to enjoy the top down this summer.

I'm not set on a convertible. Actually prefer a coupe, but a convertible is always nice. I'm not going to make a hasty decision based on impulse. I'll admit the M3 has always been my dream car, and for some reason I keep finding myself drawn to it.

I countered offered their offer, so lets see what they say.

[M3 vert]

Originally Posted by markymarc1979

It's a typo. I mean can the dealer sell the car at this price and still make some profit? Or do they just want to clear the inventory?

Marky, just between you and me, the dealer always makes a profit.

1. Because what ever they have discounted you so far is an incentive from BMW Canada, so that $13,500 they get it back from them.

2. By offering them $35K+ Tax will mean $7K to play with from their profit centre, they eat a bit on their profit on the M3, and value the trade (335i) a bit more

3. You just sent a link for a 2007 335i at BMW Toronto which is selling for $48K, so...thats what they will sell your 335i for!

In the end the dealer still wins, because he makes money on both cars regardless, and IMO showing the numbers one way or the other on papers is meaningless...

hopefully things work out for you, but dont sleep on it...

[Jaypod]

Good Luck! Hope it works out. You will definitely love the M3 - regardless of the configuration!

[SEI]

whered u find that?

[dkdurham]

i'll beat it =P

[markymarc1979]

Originally Posted by dkdurham

i'll beat it =P

I'm listening......Also considering a gently used M5.

[kmax1980]

Originally Posted by markymarc1979

I'm not set on a convertible. Actually prefer a coupe, but a convertible is always nice. I'm not going to make a hasty decision based on impulse. I'll admit the M3 has always been my dream car, and for some reason I keep finding myself drawn to it.

I countered offered their offer, so lets see what they say.

The coupe and convertible are truly two different beasts....I chose the convertible because I dont intend to track mine, nor will I ever push to car to the limits, and i obviously love the top down effect....

If you think differently from me, bear in mind the coupe has FAR greater limits than the convertible....not just accelaration where there is a slight difference, but hard cornering, the coupe (or sedan for that matter) will pull nearly a G of lateral acceleration. In cornering grip the M3 convertible is no better than a sport package 335i coupe...

food for thought.