[3toM]

So lately I have been wondering if a coupe will meet my needs, as more often I have been putting the kids car seats in and out of my current car. So I have been thinking about sedans again, and with the 0.9% on the M3 sedan, and basically a buyer's market, I am looking at getting an M3 sedan possibly. I drove one, and it's a great car.

Anyhow, I am looking to get an M3 at $1000 or less over invoice. If it doesn't work out, I will still be looking to an 09 335 or 135. Anyone have an idea about what kind of deals people are getting on M3's?

[Bizall]

You might need a specific forum for that. Try m3forum.com or m3forum.net. I don't think you will get many answers on your question here. Goodluck. The M3 sedan would be my family sedan if I had kids.

[socal1]

Check out Ralph Schomp in Denver talk to Jeff Hanson they always help my family tell him Marcel sent you. I moved to Los Angeles and I still buy my cars there they had some deals on 08 M3s too

[socal1]

Numbers Help 303.798.1500

[soupy]

try M3post's pricing and ordering board

[3toM]

Thanks for the info. I have been on the M3post board, lurking around there a bit in the last few days. But I thought I would bring it up here, since I am used to being here on the 1addicts, and value all your opinions.

[blacknbean]

with the sedan you should have no problem getting invoice on a 08

[aus]

There was a post on m3forum that said dealers in SoCal were not ordering any custom cars because they couldn't move the current inventory. I don't know how true that is, but there are a LOT fo cars on the lots. It's partly the greedy dealer's fault too because they ordered all these LOADED cars.

I'd call around and if you find one on the lot you like, $1000 over should be easily obtainble on an '08, or possible better, like blacknbean said.

[ptack]

It's a buyer's market everywhere - assuming they fix the credit situation and you can get a loan. If you can afford a $50k+ car, there probably won't be a better time to buy one so go for it.

[ssabripo]

my colleague just got into an M3 sedan with the BMW Select program... he put $4k down, price was $61K, and with a $34K "balloon" residual at the end, he is paying around $710/mo

ask him over at M3post.com....his username is Technic

[roldan]

Balloon payments sounds risky.. what's the advantage to that over a lease and buying it at the end other than that you're taking the responsibility for trading it/selling it at the end?

Especially in this case.. I wonder what the market will be like for cars that return 14 city/20 hwy in a few years... or even 19 city/25 hwy.

[3toM]

I was thinking the same thing. No more than $1000 over invoice. The dealer I am working with is actually trying to find a match for what I want by getting it from another dealer. And it definitely is a buyer's market (for any car). Latest numbers show industry wide auto sales down over 26% compared with last year.

[KCRich]

Originally Posted by roldan

Balloon payments sounds risky.. what's the advantage to that over a lease and buying it at the end other than that you're taking the responsibility for trading it/selling it at the end?

Especially in this case.. I wonder what the market will be like for cars that return 14 city/20 hwy in a few years... or even 19 city/25 hwy.

"It's all relative", but assuming you're not getting into a car that you can't actually afford, a balloon frees up extra cash on a monthly and up front basis to invest elsewhere. You usually don't have to sink much money into the car up front, but unlike a lease, you can modify the car to your heart's desire. In general, more car, less monthly drain, with a liability on the back end rather than up front.

However, I think your concern over the value of a relatively poor mileage coupe in the years to come is a valid one. Certainly could create a larger back end liability than normal. Just my thought!

[Skulinex]

Originally Posted by KCRich

"It's all relative", but assuming you're not getting into a car that you can't actually afford, a balloon frees up extra cash on a monthly and up front basis to invest elsewhere. You usually don't have to sink much money into the car up front, but unlike a lease, you can modify the car to your heart's desire. In general, more car, less monthly drain, with a liability on the back end rather than up front.

However, I think your concern over the value of a relatively poor mileage coupe in the years to come is a valid one. Certainly could create a larger back end liability than normal. Just my thought!

Basically what he said, it's just an option for someone who has most or all of the money to pay it off right away but would want to invest the other 30k+ somewhere else during the contract time