What’s a good price on a CPO 2016 M3 comp?

[Rahul718]

Hello,

There’s a BMW dealer selling a CPO 2016 m4 comp with 43k miles for $53k. It ticks all the boxes for me but the mileage is a tad bit higher than I wanted. The KBB value is $46500. They just got the car in also. What’s the most you guys would pay for this?

I’m also fairly new to the search and my budget is $50k OTD. With this budget it seems 2016s fit best and I’ve noticed that a lot of these are coming into the used market now, likely due to leases ending. So I don’t know if I should hold out. Any ideas?

Thanks all

[Svtour]

About a month ago, my local dealer had a 2016 M3 ZCP 6MT CPO for $47k. Other than the competition package, the car was a stripper. Carbon roof. Carboncloth seats. Alpine white. I think it had about 30k miles.

[Rahul718]

Originally Posted by Svtour

About a month ago, my local dealer had a 2016 M3 ZCP 6MT CPO for $47k. Other than the competition package, the car was a stripper. Carbon roof. Carboncloth seats. Alpine white. I think it had about 30k miles.

Wow so deals can be had on 2016 comps!

Unfortunately this one won’t work out for two reasons:

- CarFax shows accident history
- CarFax shows transmission was replaced at 20k miles

I don’t hear many issues with the 6mt trannies on these cars so it leads me to believe the car was abused. Either way, both of those are deal breakers for me. I thought cars with accident history couldn’t be CPOd? This is a CPO car.

[Robotechnology]

A minor accident in and of itself doesn't exclude a vehicle from being CPO’d. Structural damage does though.