What do you think about this deal?

Simma · 09-24-2011, 01:07 PM

For those who know me, you know I got into an accident with my 2008 M3 coupe in July. I had the car for exactly 3 months. The car was a write off and I bought a replacement but forgot to "introduce" my replacement to the forum! So here it is ... I'm wondering if I did ok in terms of the price I paid. The white convertible with fox red 45000KM on the Canadian forum got me thinking if I paid too much? I realize the book value in Canada for the M3's are in the 40's but it is almost impossible to find a low km coupe for less than $50K on the Canadian market. I was patient both times I purchased the M3 because I wanted a good deal. So here it goes:

2009 E92 M3
Alpine white on Fox Red (Non extended)
6 Speed Manual
M-Drive
EDC
Executive Package
19" 220M wheels
1400KM (yes 1400)
(This car pretty much has every option except the extended leather and it's pretty much a brand new car - I myself even took it in for its break-in service)

$64K + taxes.

TailHappyM3 · 09-24-2011, 02:04 PM

That mileage is amazing but the price seems a bit high. I guess you paid a premium for the low mileage.

I've seen '09s in the mid to high 50's with decent mileage.

Simma · 09-27-2011, 01:26 PM

it was pretty much a brand new car.

Jaypod · 09-27-2011, 02:34 PM

Personally I think that is a good deal given the mileage. Nice pick up. Congrats!

BMW Fanatic · 09-27-2011, 07:57 PM

1400KM?! Congrats

kristobias · 09-29-2011, 07:44 PM

Sounds like a great car.

Twinbo · 09-30-2011, 12:07 PM

Looks like reasonable price. From a dealership or private sale? CPO or no?
Mileage tells me it may have been a BMW Canada car as I've seen a few 08's recently with similar mileage at dealerships.
Congrats

kasimmmmm · 09-30-2011, 02:45 PM

14K on an 09... wow! its been driven only 5K per year, awesome.

Vise · 09-30-2011, 03:04 PM

Quote:

Originally Posted by kasimmmmm

14K on an 09... wow! its been driven only 5K per year, awesome.

Reading comprehension ftw.

The car had 1400 kms... not 14000.

09-24-2011, 01:07 PM	#1
Simma First Lieutenant 28 Rep 333 Posts Drives: E92 M3 Join Date: Apr 2011 Location: Toronto iTrader: (0)	What do you think about this deal? For those who know me, you know I got into an accident with my 2008 M3 coupe in July. I had the car for exactly 3 months. The car was a write off and I bought a replacement but forgot to "introduce" my replacement to the forum! So here it is ... I'm wondering if I did ok in terms of the price I paid. The white convertible with fox red 45000KM on the Canadian forum got me thinking if I paid too much? I realize the book value in Canada for the M3's are in the 40's but it is almost impossible to find a low km coupe for less than $50K on the Canadian market. I was patient both times I purchased the M3 because I wanted a good deal. So here it goes: 2009 E92 M3 Alpine white on Fox Red (Non extended) 6 Speed Manual M-Drive EDC Executive Package 19" 220M wheels 1400KM (yes 1400) (This car pretty much has every option except the extended leather and it's pretty much a brand new car - I myself even took it in for its break-in service) $64K + taxes.
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09-24-2011, 02:04 PM	#2
TailHappyM3 Lieutenant 43 Rep 534 Posts Drives: M3 Join Date: Oct 2008 Location: Calgary iTrader: (0)	That mileage is amazing but the price seems a bit high. I guess you paid a premium for the low mileage. I've seen '09s in the mid to high 50's with decent mileage.
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09-27-2011, 01:26 PM	#3
Simma First Lieutenant 28 Rep 333 Posts Drives: E92 M3 Join Date: Apr 2011 Location: Toronto iTrader: (0)	it was pretty much a brand new car.
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09-27-2011, 02:34 PM	#4
Jaypod Brigadier General 125 Rep 4,971 Posts Drives: Frozen M3, AM V8V, 991 GT3 Join Date: Nov 2008 Location: Toronto iTrader: (7)	Personally I think that is a good deal given the mileage. Nice pick up. Congrats!
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09-27-2011, 07:57 PM	#5
BMW Fanatic Banned 135 Rep 3,293 Posts Drives: slow Join Date: Jul 2009 Location: Calgary iTrader: (11)	1400KM?! Congrats
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09-29-2011, 07:44 PM	#6
kristobias First Lieutenant 297 Rep 313 Posts Drives: M2CS Join Date: Oct 2010 Location: Toronto iTrader: (4)	Sounds like a great car. __________________ 17 X5D 70 2002
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09-30-2011, 12:07 PM	#7
Twinbo First Lieutenant 14 Rep 382 Posts Drives: .... Join Date: Jul 2011 Location: Calgary iTrader: (0)	Looks like reasonable price. From a dealership or private sale? CPO or no? Mileage tells me it may have been a BMW Canada car as I've seen a few 08's recently with similar mileage at dealerships. Congrats
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09-30-2011, 02:45 PM	#8
kasimmmmm Second Lieutenant 19 Rep 293 Posts Drives: M Join Date: Jun 2011 Location: Toronto iTrader: (5)	14K on an 09... wow! its been driven only 5K per year, awesome. __________________ Endless \| Kreissieg \| KW \| Akrapovic
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