Need some input

jayjaybelbel · 09-29-2014, 09:11 PM

Hello there. I need some input/advice on this 2013 E92 coupe frozen red with all options avail. Selling price is $67,991 with 3,300 on the miles. Dealer still offering lease option and or purchase. With $1,500 dp, lease will come up to 1051 with ca tax for 36months/10k a year or 1151 for 72 moths at 4% apr. APR might still go down since they haven't really ran credit yet. Am i getting a fair deal? i'm looking into trying to lower selling price to < 65k.

dagolfpro · 09-29-2014, 11:52 PM

Both sounds really high. If you're going to lease and can afford it, put down max MSD (7 times your monthly payment). that'll lower your MF. If you're going to buy, look for credit union loans at either Pen Fed or DCU. Both are under 2% for new cars.

As far as the $68k selling price. Hard to say since you didn't list the options, what's the MSRP?

Good Luck.

jayjaybelbel · 09-30-2014, 12:32 PM

Quote:

Originally Posted by dagolfpro

Both sounds really high. If you're going to lease and can afford it, put down max MSD (7 times your monthly payment). that'll lower your MF. If you're going to buy, look for credit union loans at either Pen Fed or DCU. Both are under 2% for new cars.

As far as the $68k selling price. Hard to say since you didn't list the options, what's the MSRP?

Good Luck.

thanks! Its a frozen red coupe with comp and premium package. DCT transmission. It was an executive car and was used for 3351 miles only. I'm looking into leasing it and might consider putting the MSD to drop the MF. Sticker price is 68k but looking to see if we can lower the price too.

dagolfpro · 09-30-2014, 12:49 PM

Quote:

Originally Posted by jayjaybelbel

thanks! Its a frozen red coupe with comp and premium package. DCT transmission. It was an executive car and was used for 3351 miles only. I'm looking into leasing it and might consider putting the MSD to drop the MF. Sticker price is 68k but looking to see if we can lower the price too.

They should be able to lower it as the car is two years old. If you can do the MSD, highly recommend it.

fuddman · 09-30-2014, 05:59 PM

Ever think about a new one? Isn't this about the same cost as a 2014? Or is it '15?

edwinm3 · 09-30-2014, 08:49 PM

Quote:

Originally Posted by dagolfpro

They should be able to lower it as the car is two years old.

They should specially now that the E9X's are dropping in value very quick

Ervin87 · 09-30-2014, 08:59 PM

To help you out, 2013 M3's are selling for $60K at auctions with less than 5K miles and in excellent condition. Dealer has a pretty high markup on that one.

jayjaybelbel · 09-30-2014, 09:06 PM

Thanks guys!! Its in the initial phase but i totally agree, markup is to high. If dealer won't give in and throw in the "well its a frozen red blah blah", then i'm walking away. Appreciate your inputs

vdude · 10-17-2014, 10:47 PM

Good meeting you tonight bro. Cool ride-didn't realize how cool frozen red looked in person. Look forward to seeing you at an upcoming meet!

09-29-2014, 09:11 PM	#1
jayjaybelbel Lieutenant 39 Rep 561 Posts Drives: frozen red E92 Join Date: Aug 2007 Location: Los Angeles,CA iTrader: (1)	Need some input Hello there. I need some input/advice on this 2013 E92 coupe frozen red with all options avail. Selling price is $67,991 with 3,300 on the miles. Dealer still offering lease option and or purchase. With $1,500 dp, lease will come up to 1051 with ca tax for 36months/10k a year or 1151 for 72 moths at 4% apr. APR might still go down since they haven't really ran credit yet. Am i getting a fair deal? i'm looking into trying to lower selling price to < 65k.
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09-29-2014, 11:52 PM	#2
dagolfpro Colonel 247 Rep 2,271 Posts Drives: 2011 E90 M3 Join Date: Sep 2011 Location: SF Bay Area, CA iTrader: (9)	Both sounds really high. If you're going to lease and can afford it, put down max MSD (7 times your monthly payment). that'll lower your MF. If you're going to buy, look for credit union loans at either Pen Fed or DCU. Both are under 2% for new cars. As far as the $68k selling price. Hard to say since you didn't list the options, what's the MSRP? Good Luck. __________________ 2011.75 E90 AW \| DCT \| ZCP \| ZCV \| ZCW \| ZP2 \| Prem Sound \| Moonroof \| BMW Apps \| Mods List: Evolve Exhaust \| M Perf Steering Wheel \| Tint \| Lux \| Hardwired V1 \| KW V3 \| Volshlag CP \| Brembo BBK \| BBS FI \| Yokohama AD08 R\| Schroth 4 Point Harness \| Challenge GT Diffuser \| OEM GTS Wing\| GTS Lip\| I lied earlier, I wasn't done with mod, but I swear, I'm done now, no more mods...
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09-30-2014, 05:59 PM	#5
fuddman Major 353 Rep 1,404 Posts Drives: 528-maybe Join Date: Aug 2010 Location: California iTrader: (0)	Ever think about a new one? Isn't this about the same cost as a 2014? Or is it '15?
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09-30-2014, 08:59 PM	#7
Ervin87 Captain 558 Rep 615 Posts Drives: E92 M3 \| B5 S4 \| E30 Join Date: Aug 2012 Location: Santa Clara, CA iTrader: (5)	To help you out, 2013 M3's are selling for $60K at auctions with less than 5K miles and in excellent condition. Dealer has a pretty high markup on that one.
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09-30-2014, 09:06 PM	#8
jayjaybelbel Lieutenant 39 Rep 561 Posts Drives: frozen red E92 Join Date: Aug 2007 Location: Los Angeles,CA iTrader: (1)	Thanks guys!! Its in the initial phase but i totally agree, markup is to high. If dealer won't give in and throw in the "well its a frozen red blah blah", then i'm walking away. Appreciate your inputs
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10-17-2014, 10:47 PM	#9
vdude Private First Class 50 Rep 159 Posts Drives: F80 M3, E90 M3, E46 M3, E36 M3 Join Date: Nov 2008 Location: LA iTrader: (6)	Good meeting you tonight bro. Cool ride-didn't realize how cool frozen red looked in person. Look forward to seeing you at an upcoming meet!
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