Looking for input on this slightly used M3 CS

2016M4DVR · 06-05-2019, 12:04 PM

Found a 2018 M3cs that I like.
It is used with 300 miles. No issues.
Dealer (authorized bmw dealer) wants $88k plus taxes and fees (about $1000 in our state).
My question to the group is- is it worth it?
The msrp on the sticker was $102k. They sold it new, possibly for over msrp.
They have had it a while which indicates to me it is overpriced.
I have seen several posts mentioning they could be had new in the upper 80's at one time.
I fully realize this is a personal opinion mixed with the "how bad do I want it" factor. Not buying as an "investment" but don't want to overpay either.

Any input would be appreciated.
Thanks in advance

NYG · 06-05-2019, 12:14 PM

Yeah, not a chance. They're going for less brand new.

frankiebones · 06-05-2019, 01:29 PM

Quote:

Originally Posted by NYG

Yeah, not a chance. They're going for less brand new.

I got a brand new CS for $84k

NYG · 06-05-2019, 01:58 PM

Quote:

Originally Posted by frankiebones

I got a brand new CS for $84k

Yep, nearly the same for me.

2016M4DVR · 06-05-2019, 03:13 PM

Thanks for the input. It appears my gut feeling was accurate.
Interested to hear what folks think it is really worth?
This would be an extra, extra vehicle, driven sparingly. I can easily live w/o it.

car in question-

https://www.bmwofcolumbia.com/invent...8m9c56j5l00321

2016M4DVR · 06-05-2019, 03:17 PM

Quote:

Originally Posted by NYG

Yeah, not a chance. They're going for less brand new.

Thanks for the reply,
Know where I can find one by chance?

NYG · 06-05-2019, 04:04 PM

Quote:

Originally Posted by 2016M4DVR

Thanks for the input. It appears my gut feeling was accurate.
Interested to hear what folks think it is really worth?
This would be an extra, extra vehicle, driven sparingly. I can easily live w/o it.

car in question-

https://www.bmwofcolumbia.com/invent...8m9c56j5l00321

Worth nothing, don't waste your time bargaining for it when you can have a brand new one at a better price.

Quote:

Originally Posted by 2016M4DVR

Thanks for the reply,
Know where I can find one by chance?

Brandon at Open Road BMW got me a ridiculous deal on my M4CS.

You can text/call him, just let him know Alex from Brooklyn gave you his number. 7186124447

arciga18 · 06-05-2019, 06:10 PM

You gotta remember that's there were also lease and loyalty credits, forum members with OL codes and , and the random college grad credit that was driving the price way down on these cars.

But yeah for a a used car that was selling for a very big discount off msrp the the price feels high.

Ex_Stig · 06-06-2019, 09:09 AM

Dealer needs to take off at least another $10k, which I am guessing they won't.

Move on and find a left over new car.

2016M4DVR · 06-06-2019, 10:01 AM

I appreciate the feedback.
Probably need to keep looking. Luckily, I can live w/o it.
I feel like this one is priced for someone who can't.

elvism · 06-06-2019, 10:50 PM

Would they lease it to you?

Also can someone clarify for me if a "new"vehicle that has less than 1000 miles and is titled by only a dealer is that considered new or used? Can they lease this vehicle or is purchasing the only option?

Ex_Stig · 06-07-2019, 08:03 AM

Quote:

Originally Posted by elvism

Would they lease it to you?

Also can someone clarify for me if a "new"vehicle that has less than 1000 miles and is titled by only a dealer is that considered new or used? Can they lease this vehicle or is purchasing the only option?

Pretty sure that it can't be leased any more, beginning this month (if it were new).

I don't know if a dealer can lease a used car, even with low miles, but I am guessing no.

2016M4DVR · 06-07-2019, 09:36 AM

It is a used car. I'm sure there may be 3rd party leasing companies.
It's a mute point now. I got a text this morning saying they took a deposit on it yesterday.

Ex_Stig · 06-07-2019, 10:12 AM

Quote:

Originally Posted by 2016M4DVR

It is a used car. I'm sure there may be 3rd party leasing companies.
It's a mute point now. I got a text this morning saying they took a deposit on it yesterday.

*moot

Sorry, sometimes the former journalist in me comes out and he is a prick.

2016M4DVR · 06-07-2019, 11:14 AM

Quote:

Originally Posted by GNALUZU

*moot

Sorry, sometimes the former journalist in me comes out and he is a prick.

no problem, autocorrect...
I'll leave it since it bothers you

///JPL · 06-07-2019, 01:16 PM

Hey all,

Sorry for hijacking this thread.

I'm looking into getting myself into a M3CS. I've never leased before, so I'm looking for information mainly. I've been lurking the forums and "swapalease" comes up pretty frequent. I actually went and checked it out. There are some sweet deals IMO.

IE: http://www.swapalease.com/lease/deta...?salid=1366009

Let's say I actually contact the guy, and give him the $1,400. Will I simply just finish off the lease IF I get approved from the bank (BMW bank I'm assuming)? Is that what a "cash incentive" is?

Thanks.

Tuscan · 06-07-2019, 02:36 PM

You are not giving him 1400. He is giving you 1400 to lower the monthly payment. You apply to Bmw Financial Services which is $500, if you are approved you will take over his lease.

arciga18 · 06-07-2019, 05:28 PM

Quote:

Originally Posted by CTM4F83

Hey all,

Sorry for hijacking this thread.

I'm looking into getting myself into a M3CS. I've never leased before, so I'm looking for information mainly. I've been lurking the forums and "swapalease" comes up pretty frequent. I actually went and checked it out. There are some sweet deals IMO.

IE: http://www.swapalease.com/lease/deta...?salid=1366009

Let's say I actually contact the guy, and give him the $1,400. Will I simply just finish off the lease IF I get approved from the bank (BMW bank I'm assuming)? Is that what a "cash incentive" is?

Thanks.

Also he posted it here in the classifieds too. Cool dude to deal with.

drexplode

drexplode · 06-07-2019, 05:57 PM

Quote:

Originally Posted by arciga18

Quote:

Originally Posted by CTM4F83

Hey all,

Sorry for hijacking this thread.

I'm looking into getting myself into a M3CS. I've never leased before, so I'm looking for information mainly. I've been lurking the forums and "swapalease" comes up pretty frequent. I actually went and checked it out. There are some sweet deals IMO.

IE: http://www.swapalease.com/lease/deta...?salid=1366009

Let's say I actually contact the guy, and give him the $1,400. Will I simply just finish off the lease IF I get approved from the bank (BMW bank I'm assuming)? Is that what a "cash incentive" is?

Thanks.

Also he posted it here in the classifieds too. Cool dude to deal with.

drexplode

Appreciate the shout out arciga18 .

To the interested party - sorry but it is spoken for by another forum member. We sent in our stage 2 paperwork today.

Greg

M3GymNut · 07-26-2019, 10:31 AM

Quote:

Originally Posted by frankiebones

I got a brand new CS for $84k

Before or after taxes? I'm assuming before...

frankiebones · 07-26-2019, 01:39 PM

Quote:

Originally Posted by M3GymNut

Before or after taxes? I'm assuming before...

Before. Also, before incentives. They gave me $6,500 on top of that in April, 2019 lease incentives. That took the price down to $77,500.

M3GymNut · 07-28-2019, 09:15 AM

Quote:

Originally Posted by frankiebones

Before. Also, before incentives. They gave me $6,500 on top of that in April, 2019 lease incentives. That took the price down to $77,500.

Man, looking to get an M3CS or M4CS. I can't get near $84k even with discounts and incentives and I've been calling everywhere and dealing like a mad man. Best I got was $88k

06-05-2019, 12:04 PM	#1
2016M4DVR Private 22 Rep 82 Posts Drives: 2016 M4 Join Date: Sep 2018 Location: Columbia, SC iTrader: (0)	Looking for input on this slightly used M3 CS Found a 2018 M3cs that I like. It is used with 300 miles. No issues. Dealer (authorized bmw dealer) wants $88k plus taxes and fees (about $1000 in our state). My question to the group is- is it worth it? The msrp on the sticker was $102k. They sold it new, possibly for over msrp. They have had it a while which indicates to me it is overpriced. I have seen several posts mentioning they could be had new in the upper 80's at one time. I fully realize this is a personal opinion mixed with the "how bad do I want it" factor. Not buying as an "investment" but don't want to overpay either. Any input would be appreciated. Thanks in advance
	Appreciate 0 Tweet Quote

06-05-2019, 12:14 PM	#2
NYG Brigadier General 10691 Rep 3,675 Posts Drives: Audi R8 Join Date: Feb 2017 Location: Brooklyn, NY iTrader: (0)	Yeah, not a chance. They're going for less brand new.
	Appreciate 1 frankiebones5299.00 Quote

06-05-2019, 03:13 PM	#5
2016M4DVR Private 22 Rep 82 Posts Drives: 2016 M4 Join Date: Sep 2018 Location: Columbia, SC iTrader: (0)	Thanks for the input. It appears my gut feeling was accurate. Interested to hear what folks think it is really worth? This would be an extra, extra vehicle, driven sparingly. I can easily live w/o it. car in question- https://www.bmwofcolumbia.com/invent...8m9c56j5l00321
	Appreciate 0 Quote

06-05-2019, 06:10 PM	#8
arciga18 Brigadier General 1729 Rep 3,654 Posts Drives: LeMans/ Chestnut E90, RWD Join Date: Apr 2012 Location: Chicago iTrader: (3)	You gotta remember that's there were also lease and loyalty credits, forum members with OL codes and , and the random college grad credit that was driving the price way down on these cars. But yeah for a a used car that was selling for a very big discount off msrp the the price feels high.
	Appreciate 0 Quote

06-06-2019, 09:09 AM	#9
Ex_Stig Colonel 2594 Rep 2,683 Posts Drives: '24 X7 M60i Join Date: Jan 2014 Location: Scottsdale, AZ iTrader: (0) Garage List 2024 BMW X7 M60 [10.00]	Dealer needs to take off at least another $10k, which I am guessing they won't. Move on and find a left over new car. __________________ Ex Stig '25 M5 Touring (on the list, first slot) '24 X7 M60i '22 M5 CS - (sold)
	Appreciate 0 Quote

06-06-2019, 10:01 AM	#10
2016M4DVR Private 22 Rep 82 Posts Drives: 2016 M4 Join Date: Sep 2018 Location: Columbia, SC iTrader: (0)	I appreciate the feedback. Probably need to keep looking. Luckily, I can live w/o it. I feel like this one is priced for someone who can't.
	Appreciate 0 Quote

06-06-2019, 10:50 PM	#11
elvism Second Lieutenant 287 Rep 256 Posts Drives: currently 2011 BMW M3 E90... H Join Date: Mar 2008 Location: jersey iTrader: (0)	Would they lease it to you? Also can someone clarify for me if a "new"vehicle that has less than 1000 miles and is titled by only a dealer is that considered new or used? Can they lease this vehicle or is purchasing the only option?
	Appreciate 0 Quote

06-07-2019, 09:36 AM	#13
2016M4DVR Private 22 Rep 82 Posts Drives: 2016 M4 Join Date: Sep 2018 Location: Columbia, SC iTrader: (0)	It is a used car. I'm sure there may be 3rd party leasing companies. It's a mute point now. I got a text this morning saying they took a deposit on it yesterday.
	Appreciate 0 Quote

06-07-2019, 01:16 PM	#16
///JPL Car Enthusiast 3 Rep 20 Posts Drives: M4 Join Date: Jun 2019 Location: Connecticut iTrader: (0)	Hey all, Sorry for hijacking this thread. I'm looking into getting myself into a M3CS. I've never leased before, so I'm looking for information mainly. I've been lurking the forums and "swapalease" comes up pretty frequent. I actually went and checked it out. There are some sweet deals IMO. IE: http://www.swapalease.com/lease/deta...?salid=1366009 Let's say I actually contact the guy, and give him the $1,400. Will I simply just finish off the lease IF I get approved from the bank (BMW bank I'm assuming)? Is that what a "cash incentive" is? Thanks.
	Appreciate 2 drexplode1780.50 shamun16066.00 Quote

06-07-2019, 02:36 PM	#17
Tuscan First Lieutenant 225 Rep 366 Posts Drives: Public Transportation Join Date: Sep 2009 Location: FL iTrader: (0)	You are not giving him 1400. He is giving you 1400 to lower the monthly payment. You apply to Bmw Financial Services which is $500, if you are approved you will take over his lease. __________________ .
	Appreciate 1 drexplode1780.50 Quote