Approximate price for a 2015 near-stripper M3?

CarEnthused · 07-25-2016, 06:12 PM

I looked at a 2015 M3 that's nearly a complete base spec. Only options are DCT, mineral white, red interior. It's in great shape and only has 6,XXX miles on it. They've priced it insanely high but I've made an aggressive initial offer but I worry that even then I'm staying firm at a price that may be too high (62k).

I'm curious what you guys think a base '15 should be going for?

Draper · 07-25-2016, 06:39 PM

Options get hit the hardest with depreciation, while stripper builds don't drop quite as much.

Ordering new may be a good option if you can stand the wait.

BavarianFanatic · 07-25-2016, 06:40 PM

At 62k you're stupidly close to brand new...

CarEnthused · 07-25-2016, 06:45 PM

Quote:

Originally Posted by BavarianFanatic

At 62k you're stupidly close to brand new...

Indeed. Especially when they were originally asking 68,600...

BavarianFanatic · 07-25-2016, 06:51 PM

Quote:

Originally Posted by tylerwillingham

Indeed. Especially when they were originally asking 68,600...

Instant gratification has an opportunity cost.

BMWjunkie · 07-25-2016, 11:08 PM

$62k is probably what the original owner paid after negotiating (you can look up the original base plus dct invoice and msrp prices to get the range). I would like to think these cars hold value that well but that's a stretch to me.

09E92M34ME · 07-26-2016, 12:21 PM

Quote:

Originally Posted by tylerwillingham

I looked at a 2015 M3 that's nearly a complete base spec. Only options are DCT, mineral white, red interior. It's in great shape and only has 6,XXX miles on it. They've priced it insanely high but I've made an aggressive initial offer but I worry that even then I'm staying firm at a price that may be too high (62k).

I'm curious what you guys think a base '15 should be going for?

Price is crazy. Walk.

CarEnthused · 07-26-2016, 08:56 PM

Quote:

Originally Posted by BMWjunkie

$62k is probably what the original owner paid after negotiating (you can look up the original base plus dct invoice and msrp prices to get the range). I would like to think these cars hold value that well but that's a stretch to me.

Msrp was 67,350. NADA clean trade value is 64k right now.
I've got them to 60k right now. I'm feeling like that's a much more palatable price.

ch1215g · 07-26-2016, 09:07 PM

I just sold my FULLY Loaded DCT with MPE and a bunch of BMW carbon upgrades for 66k with only 12k miles... keep looking, deals are out there.

TrevorM3 · 07-26-2016, 09:42 PM

Quote:

Originally Posted by Draper

Options get hit the hardest with depreciation, while stripper builds don't drop quite as much.

Ordering new may be a good option if you can stand the wait.

doesn't matter.

having a car loaded out, in the used market doesn't mean much, yea sure.. a little extra.. but options matter when you buy it off the lot. Thats about it.

CarEnthused · 07-26-2016, 10:30 PM

Quote:

Originally Posted by TrevorM3

doesn't matter.

having a car loaded out, in the used market doesn't mean much, yea sure.. a little extra.. but options matter when you buy it off the lot. Thats about it.

a salesperson (who was not selling me a car) told me that options just make his job easier, they don't necessarily make the car more valuable. seems similar to your point

TrevorM3 · 07-27-2016, 05:42 AM

Quote:

Originally Posted by tylerwillingham

a salesperson (who was not selling me a car) told me that options just make his job easier, they don't necessarily make the car more valuable. seems similar to your point

yea, heartbreaker for those guys who love "options" lol

Draper · 07-27-2016, 09:34 PM

Quote:

Originally Posted by tylerwillingham

a salesperson (who was not selling me a car) told me that options just make his job easier, they don't necessarily make the car more valuable. seems similar to your point

That's exactly why Porsche uses MRM (Max Residualized MSRP) for their leases. You can option those things to the moon, and they'll happily build it for you - though after a certain point you're paying full fare instead of just depreciation.

schrdngrsct · 07-28-2016, 09:19 AM

Quote:

Originally Posted by tylerwillingham

Msrp was 67,350. NADA clean trade value is 64k right now.
I've got them to 60k right now. I'm feeling like that's a much more palatable price.

Granted the difference between new and used may be bigger after you consider your sales tax, for WA its about 10% so immediately it's a $6-7k jump. But on the flip side, if you do buy new you get a 3yr/36k no-cost main't... that's what made me go with a new one, plus for the MY16+ they made navi/keyless standard so all I definitely wanted was a base model, not rims or exec pkg.

Also, that $6-7k diff made it all worth it since I picked the exact color scheme.

ended up getting my ED M3 for less than $3k more than a loaded 340i.

schrdngrsct · 07-28-2016, 09:25 AM

Quote:

Originally Posted by tylerwillingham

a salesperson (who was not selling me a car) told me that options just make his job easier, they don't necessarily make the car more valuable. seems similar to your point

Not as pertinent but just FYI: dealerships also don't really care if you do/don't add options, since BMW only allows up to 10% commission on options. so It's not worth a sales rep to try and strong arm you into getting options if you're not even remotely interested - they'd rather close with you on the car itself quickly. Now, if you ended up building the car up to $84k then they'd made around $2k extra for the entire dealership commission ($64k + $20k options).. which is what a lot of dealers do with their allocations and why you can't find a stripper build at your local dealerships usually since they're optioned the hell out of them <- to lure those seeking instant gratification

CarEnthused · 07-29-2016, 11:07 PM

Thanks everyone for your input! Ultimately the price was too high and I had a crazy situation happen and I was able to bring home a lightly used M2 this evening. Much happier

schrdngrsct · 07-30-2016, 12:19 AM

Quote:

Originally Posted by tylerwillingham

Thanks everyone for your input! Ultimately the price was too high and I had a crazy situation happen and I was able to bring home a lightly used M2 this evening. Much happier

You comes across a car with a 1.5yr long wait list?! well done...

CarEnthused · 07-30-2016, 12:46 AM

Quote:

Originally Posted by schrdngrsct

You comes across a car with a 1.5yr long wait list?! well done...

Thanks, it was a great situation!

s2k750 · 07-31-2016, 06:09 PM

The build date matters too.. When does the warranty mature? I wouldn't mind paying a few bucks extra for a good warranty. I will say HUD, backup cam, bluetooth and touch entry have become options I can't live without anyway.

My car was bought two months ago in south fl.

2015 m3 6spd. Originally sold mid 2015. 37 months warranty or 43.5k miles left.

The cars fully loaded minus dct and carbon brakes. Sticker was almost 80, it has a bunch of performance parts that add up quiiiiick!

They originally wanted 65.5

I paid 62,600 +++

07-25-2016, 06:12 PM	#1
CarEnthused Lieutenant 77 Rep 439 Posts Drives: GT4 Join Date: Nov 2012 Location: KCMO iTrader: (0)	Approximate price for a 2015 near-stripper M3? I looked at a 2015 M3 that's nearly a complete base spec. Only options are DCT, mineral white, red interior. It's in great shape and only has 6,XXX miles on it. They've priced it insanely high but I've made an aggressive initial offer but I worry that even then I'm staying firm at a price that may be too high (62k). I'm curious what you guys think a base '15 should be going for? __________________ carenthused.com - VROOM15 for 15% off LensRentals [CURRENT] 2016 Porsche GT4 (for sale) [PREVIOUS] '17 Alfa Romeo Giulia QV, '16 M2, '13 911 C2 7MT, '08 E92 M3, '07 E92 335i, '97 M3 Coupe, '95 318ti
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07-25-2016, 06:39 PM	#2
Draper Brigadier General 3460 Rep 3,995 Posts Drives: M4 Comp / Macan Turbo Join Date: Jan 2011 Location: Denver iTrader: (38)	Options get hit the hardest with depreciation, while stripper builds don't drop quite as much. Ordering new may be a good option if you can stand the wait. __________________ Current: G82 M4 Comp xDrive // Frozen Deep Grey Current: 95B.1 Macan Turbo // Dark Blue Metallic
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07-25-2016, 06:40 PM	#3
BavarianFanatic Too much is never enough 655 Rep 3,079 Posts Drives: Too Many Join Date: Mar 2008 Location: SE PA iTrader: (0)	At 62k you're stupidly close to brand new...
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07-25-2016, 11:08 PM	#6
BMWjunkie Private First Class 90 Rep 195 Posts Drives: '17 F80 Avus Blue/Sakhir full Join Date: Jul 2010 Location: Atlanta, GA (John's Creek area) iTrader: (0)	$62k is probably what the original owner paid after negotiating (you can look up the original base plus dct invoice and msrp prices to get the range). I would like to think these cars hold value that well but that's a stretch to me. __________________ BMWCCA #156196 since 5/1998 Current - F80 Avus Blue/SO - ED in Nov 2016 - Bootmod3 and BSW Stage1/Ghost Subs/Amp, '13 Ferrari 458 Italia, '17 X6M (wife's!) Past - '12 X5 35i, '13 335i EBII/Black M-Sport PPK, '10 335i M-Sport, '03 M5, '02 530ia M-Sport, '01 330i Sport 5spd, '01 540ia M-sport (RIP), '97 M3, '96 328i Sport
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07-26-2016, 09:07 PM	#9
ch1215g Banned 14 Rep 143 Posts Drives: F80 M3 Join Date: Feb 2016 Location: NJ iTrader: (-1)	I just sold my FULLY Loaded DCT with MPE and a bunch of BMW carbon upgrades for 66k with only 12k miles... keep looking, deals are out there.
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07-29-2016, 11:07 PM	#16
CarEnthused Lieutenant 77 Rep 439 Posts Drives: GT4 Join Date: Nov 2012 Location: KCMO iTrader: (0)	Thanks everyone for your input! Ultimately the price was too high and I had a crazy situation happen and I was able to bring home a lightly used M2 this evening. Much happier __________________ carenthused.com - VROOM15 for 15% off LensRentals [CURRENT] 2016 Porsche GT4 (for sale) [PREVIOUS] '17 Alfa Romeo Giulia QV, '16 M2, '13 911 C2 7MT, '08 E92 M3, '07 E92 335i, '97 M3 Coupe, '95 318ti
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07-31-2016, 06:09 PM	#19
s2k750 Second Lieutenant 124 Rep 264 Posts Drives: 2015 M3 Join Date: Mar 2015 Location: SWFL iTrader: (0)	The build date matters too.. When does the warranty mature? I wouldn't mind paying a few bucks extra for a good warranty. I will say HUD, backup cam, bluetooth and touch entry have become options I can't live without anyway. My car was bought two months ago in south fl. 2015 m3 6spd. Originally sold mid 2015. 37 months warranty or 43.5k miles left. The cars fully loaded minus dct and carbon brakes. Sticker was almost 80, it has a bunch of performance parts that add up quiiiiick! They originally wanted 65.5 I paid 62,600 +++
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