Views on this 2005 M3?

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Old Oct 2, 2008 | 02:26 PM
  #1  
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Views on this 2005 M3?

I am still in the market for a new car...on the list at the moment is:

2006 Evo IX - 26,000
2007 TL-S 6sp - 29,900
2008 TL-S Auto - 32,000

And I found this today: http://www.bmwoffreehold.com/PreOwned/PreOwned/

Scroll down till you get to the M3's its the 2005 Silver Gray (Not the convertible)

Its priced at $40,000 which is $5,000 over any Retail/Wholesale websites price.

Anyone have a point of view on it? Good buy? Bad buy? Checked the fax and its clean 1 owner 24,000 miles.

Is it worth pursuing?
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Old Oct 2, 2008 | 02:31 PM
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It looks like a terrible deal, in fact it looks like the most expensive E46 non-convertible M3 I can find. For the similar money I'd rather have a 335i
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Old Oct 2, 2008 | 02:38 PM
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Sure if you can get it for under $35k.
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Old Oct 2, 2008 | 02:41 PM
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my view on the 05' M3? its a fast car
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Old Oct 2, 2008 | 02:41 PM
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I also found this one as well z4:

http://www.openroadbmw.com/vehicle.asp?v=546286

But the carfax is really scary...theres no sale to any previous owner just says sold at auction with 6,000 miles on it...makes me think VIN # Swap?
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Old Oct 2, 2008 | 02:42 PM
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I'd pass.
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Old Oct 2, 2008 | 02:54 PM
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Originally Posted by Crucifer
I also found this one as well z4:

http://www.openroadbmw.com/vehicle.asp?v=546286

But the carfax is really scary...theres no sale to any previous owner just says sold at auction with 6,000 miles on it...makes me think VIN # Swap?
It was owned by BMW. I wouldn't buy that Z4M.
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Old Oct 2, 2008 | 02:57 PM
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Looks like a nice car. But it's over priced. There are a couple on Autotrader for about $4000 less.
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Old Oct 2, 2008 | 03:03 PM
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Originally Posted by RaviNJCLs
Looks like a nice car. But it's over priced. There are a couple on Autotrader for about $4000 less.
Yeah all wholesale/retail values = 35,000.
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Old Oct 2, 2008 | 03:06 PM
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The car is very nice but good lord buying a used M3 is scary business. Just check up on Edmunds' long term M3. An alternator cost them $750!!!
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Old Oct 2, 2008 | 03:20 PM
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Originally Posted by majin ssj eric
The car is very nice but good lord buying a used M3 is scary business. Just check up on Edmunds' long term M3. An alternator cost them $750!!!
E46 M3s are pretty solid cars. They are no Honda, but they really don't have a ton of problems. They need a little extra maintnence (valve adjustments every 30k miles) but on the other hand they never need brakes which is good cause they cost a fortune.
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Old Oct 2, 2008 | 03:48 PM
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Nobody's getting 40 grand for a regularly driven E46 M3 anymore. If it had 4,000 miles on it an looked like it just rolled off the assembly line maybe...
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Old Oct 2, 2008 | 09:11 PM
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Originally Posted by Crucifer
And I found this today: http://www.bmwoffreehold.com/PreOwned/PreOwned/

Scroll down till you get to the M3's its the 2005 Silver Gray (Not the convertible)

Its priced at $40,000 which is $5,000 over any Retail/Wholesale websites price.

Anyone have a point of view on it? Good buy? Bad buy? Checked the fax and its clean 1 owner 24,000 miles.

Is it worth pursuing?
Waaaay overpriced! Are you kidding me? For the same price, you can get a brand new 2009 335i that can keep up with this car.
Put some Juicebox2 ($379) in it and you'll leave that M3 in the dust

I wouldn't pay more than $25K.
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Old Oct 2, 2008 | 09:47 PM
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don't even think about it.
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Old Oct 2, 2008 | 09:50 PM
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thats insane $ for e46
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Old Oct 2, 2008 | 10:24 PM
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Originally Posted by LotusTracker
thats insane $ for e46
but again some people around here are still asking as much as 59k for an E46 M3...
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Old Oct 2, 2008 | 11:14 PM
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Originally Posted by nokiaman
but again some people around here are still asking as much as 59k for an E46 M3...
For 59K, you can get a 2007 e60 M5
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Old Oct 2, 2008 | 11:18 PM
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Originally Posted by zen68
Waaaay overpriced! Are you kidding me? For the same price, you can get a brand new 2009 335i that can keep up with this car.
Put some Juicebox2 ($379) in it and you'll leave that M3 in the dust

I wouldn't pay more than $25K.


Maybe you wouldn't pay more than that...market says otherwise though. An M3 fitting his description is still easily a $30k car.
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Old Oct 2, 2008 | 11:27 PM
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Originally Posted by zen68
For 59K, you can get a 2007 e60 M5 stateside
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Old Oct 2, 2008 | 11:43 PM
  #20  
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Originally Posted by Brandon24pdx


Maybe you wouldn't pay more than that...market says otherwise though. An M3 fitting his description is still easily a $30k car.
OK, perhaps $25K is a bit too low since the car has low mileage.
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Old Oct 2, 2008 | 11:48 PM
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I'm still waiting for an 05' to hit 25k....probably within the next year, they seem to be hovering right at 30-32k for a decent coupe. Convert + SMG FTL...seems to be the most common combo.
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Old Oct 2, 2008 | 11:49 PM
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how many miles on the 07 TL-S?
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Old Oct 3, 2008 | 01:04 AM
  #23  
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none. If I have to pick one, then I will take either TL-S.
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Old Oct 3, 2008 | 09:49 AM
  #24  
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They are willing to make a new price if i come see the M3.

The z4 was a performance BMW car as someone stated.

The 07 TL-S has 15,200 miles.

I am hoping for the 07 TL-S
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Old Oct 3, 2008 | 10:05 AM
  #25  
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i'd try and get a better price on the 07 TL-S.
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Old Oct 3, 2008 | 11:21 AM
  #26  
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I can't believe that M3 is $40K and doesn't even have nav; way too much $$
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Old Oct 3, 2008 | 11:56 AM
  #27  
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Originally Posted by Crucifer
They are willing to make a new price if i come see the M3.
They're just trying to get you into the dealership. Next time you talk to them I'd tell them they're asking way too much, you are not going to come in as you are looking elsewhere...
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Old Oct 3, 2008 | 12:38 PM
  #28  
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Originally Posted by Crucifer
They are willing to make a new price if i come see the M3.

The z4 was a performance BMW car as someone stated.

The 07 TL-S has 15,200 miles.

I am hoping for the 07 TL-S
Well thats a start. Sure they want you to come in and everything, but just set the price you want to pay before you go there. I'd go and look at the care when they are closed to make sure the exterior is in good enough shape. If all is good then go in and immediately begin your negotiations, don't drive the car, talk about its features, if they can't meet your price there is no reason to talk about anything else.
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