Let me preface with saying I currently own a Corvette C5 Z06. When the new C6 Z06 came out, the value of my car didn't drop much. I think this is mostly due to how expensive the new Z06 is though.

I'm now looking into trading the Vette in for an M3.

Do you guys think when the E92 M3 hits the show room floor it'll significantly drop the value of the E46 M3s? Or will their price stay pretty stable?

Did the E46 M3 quickly drop the value of the E36 M3 as soon as it came out?

If in the next year the price for an E46 M3 will drop on average >$5,000 I'll wait to get one, else I'll pull the trigger now. What do you guys think?

Thanks all!

Depends on a lot of factors. Prices will drop, of course, but its a question of how much. Im not sure anyone can answer that.

I still see dealers asking ridiculous prices ($45K+) for CPO 03's and 04's... those cars must stay on the lot forever.

First let me say how much I love BMW's...especially M3's. Heck, I even race one.

But, when it comes to these cars holding their value...they don't.

There are two worlds...wholesale and retail. Wholesale on these cars are downright nasty. However, retail numbers look very encouraging.

So yeah, the M3 holds it's value on the retail side...but not on the wholesale side. The spreads I've seen between wholesale and retail can be significant.

All I can say is to get your hands on a Manheim Market Report. That's where you'll see the true value of our beloved M3's!!!

The M3 is not like Porshe 996/997's. Too many M3's are produced to hold their value like the Porsche's.

The M3 is not like Porshe 996/997's. Too many M3's are produced to hold their value like the Porsche's.

:confused

I'd be willing to bet an 01 M3 holds it's value same or better than a compareable 01 996 911 Carrera. Go check autotrader...they are giving away 996 carreras for in the high 30's and that was a 75k car while the M3 was only 50k new.

Depends on a lot of factors. Prices will drop, of course, but its a question of how much. Im not sure anyone can answer that.

I still see dealers asking ridiculous prices ($45K+) for CPO 03's and 04's... those cars must stay on the lot forever.

I'm just on the other side of DC from ya (rockville MD), and I see the same thing. CPO's with significant miles and a couple years old in the mid 40's still. I can't imagine anyone paying that much, but I guess some do.

I think prices have already started to come down pretty quick since they stopped making the e46M's and all the talk of the e92M.
A friend just sold his 03.5 TiAg/red interior, smg, nav, 19's, w/ 51K(+-), CPO for $31.5k. It took him 2.5 months although the eventual buyer was dealing w/ him for about a month(delaying the purchase). Maybe 8-10 bites but only 2 'real' interested parties.

I think the E36 M3 dropped 'steady' and didn't have a significant drop until used E46 M3's started hitting the market en masse around late '04 early '05.

Lotso lease returns comin' back in.

Remember...used and new are generally seperate markets, particulary on higher end cars. The release of a new 'new' E92 M3 won't hurt the E46 M3 as much as a new 'used' E92 M3.

:confused

I'd be willing to bet an 01 M3 holds it's value same or better than a compareable 01 996 911 Carrera. Go check autotrader...they are giving away 996 carreras for in the high 30's and that was a 75k car while the M3 was only 50knew.


My point, please read this carefully...is that wholesale values differ greatly than retail. The wholesale value on the Porsche will be a closer spread than the M3.
The M3's spread can be $10k or more from wholesale to retail, especially when you're talking about rough cars. M3's without warranty spells rough book and sometimes in back of rough book wholesale. It's sad. The car could be beautiful, it could be avg 10k miles per year, but still gets rough book wholesale kind of numbers.

Here's an example... '05 M3 Convertible, 6 speed, Mystic blue with black, 29k miles. Rough black book on the car is "retail" $40,800. Guess what they're asking?....$41,800. They're not even pretending on the car and asking avg or clean money and they still haven't sold it!!!

BTW, rough book trade in on that car is around $33k-$34k. That's what I'm betting they've got in the car.

Your example of the '01 996 with 75k miles...and an asking price in the mid to high $30's, that's avg to clean money for that car (that's black book trade in).
That's a car with 75k miles. Crazy. I was gonna buy a 996, but I couldn't find a DEAL. Besides, the Porsche's to consider are '03's and newer. You can't buy them for rough book!

Ever tried to buy a Porsche 911 at rough book??? Ain't gonna happen unless it's a real basket case.

You can buy M3's all day for rough book money and they're "CLEAN" cars! See my example above.

Like I said, I love the M3 and BMW's. I've owned 4 of them now. I'm a committed BMW M3 loyalist. But, they don't hold their value worth poo. I would never buy one new or if I did, it would be a short term lease that I could hand them back the keys at the end of the lease term.

996s can be had below book, especially the pr-facelift cars (99-01). There is simply no market for the car the 993s and 997s are just so much better looking and more in demand. You may find a lot of people asking in the 40s, but I've spoken with a lot of people who have gotten them basically fire-sale. In fact they didn't even want a 996 but the prices had gotten so out of control it was almost impossible to resist. I remember seeing 02 cars with fair mileage in the 30s.

996s can be had below book, especially the pr-facelift cars (99-01). There is simply no market for the car the 993s and 997s are just so much better looking and more in demand. You may find a lot of people asking in the 40s, but I've spoken with a lot of people who have gotten them basically fire-sale. In fact they didn't even want a 996 but the prices had gotten so out of control it was almost impossible to resist. I remember seeing 02 cars with fair mileage in the 30s.


You are so right. Those couple of years are soft for Porsche. Not only are the 996's not very attractive, but those early models you mentioned had a lot of engine issues.

When I was looking at the 993's and 996's for consideration, I too was swayed by the 996's pricing and the fact it's probably a better daily driver. But, the only cars I could find anywhere close to rough book were ROUGH cars.
I like buying nice cars for rough book kind of money...or at least very close. It's totally doable with the M3's. That's all I'm trying to say.

heh...so it'd be a few years for the prices come down then? So paying $30k now wouldn't be a huge difference than what I'd pay in a year? After that I know they'll start getting lower and lower, but I'm talking in general terms.

Also, could you PM me a Manheim report? I know someone I can use to get into auctions, but want an idea of what they are going for.

Thanks for the help all.

I'm just on the other side of DC from ya (rockville MD), and I see the same thing. CPO's with significant miles and a couple years old in the mid 40's still. I can't imagine anyone paying that much, but I guess some do.

Months back, before I bought this one, I found a CB/B 03.5 at VOB. 45K miles and they wanted like $41K, IIRC - and that was the best price within like 200 miles.

So... I go look at it...friggen headlamp is out, bumper is cracked, reflecter is cracked, nav screen wouldnt flip shut after being opened and the sunroof didnt work.

Are you kldding me? CPO my ass. $41K my ass. Out the door goes my ass.

First let me say how much I love BMW's...especially M3's. Heck, I even race one.

But, when it comes to these cars holding their value...they don't.

There are two worlds...wholesale and retail. Wholesale on these cars are downright nasty. However, retail numbers look very encouraging.

So yeah, the M3 holds it's value on the retail side...but not on the wholesale side. The spreads I've seen between wholesale and retail can be significant.

All I can say is to get your hands on a Manheim Market Report. That's where you'll see the true value of our beloved M3's!!!

The M3 is not like Porshe 996/997's. Too many M3's are produced to hold their value like the Porsche's.


If I'm not mistaken the Porsche 996 didn't hold it's value

However the 993's did. I have been looking on ebay for 993's (guess why!) and I looked at 996's and many of them were cheaper.

If I'm not mistaken the Porsche 996 didn't hold it's value

However the 993's did. I have been looking on ebay for 993's (guess why!) and I looked at 996's and many of them were cheaper.


Yep, the 996's definitely softer than the 993's.

But, my point is this. It's still difficult to buy a "clean" 996 for rough book money.

While it's totally doable for the M3's. That's my point.

Yep, the 996's definitely softer than the 993's.

But, my point is this. It's still difficult to buy a "clean" 996 for rough book money.

While it's totally doable for the M3's. That's my point.

I'm still shady on this whole "clean" "rough book" stuff.

It was my understanding the world went off retail, or resale values and that's it. If you have something someone else wants...they're gonna pay for it. end of story. :D

I just had some guy offer me 28k for my car.... :rofl

Guess some people think the prices are dropping already....

I just had some guy offer me 28k for my car.... :rofl

Guess some people think the prices are dropping already....
Hmm, what's funny about that?:confused

See my earlier post about a friend who sold his 03.5 for 31.5k and it took a couple months. Unless you have super low miles, that sounds about right for your year despite what kbb or other all knowing websites say.
I wish it wasn't right though.

Hmm, what's funny about that?:confused

See my earlier post about a friend who sold his 03.5 for 31.5k and it took a couple months. Unless you have super low miles, that sounds about right for your year despite what kbb or other all knowing websites say.
I wish it wasn't right though.

that price is kbb 'trade in value' for my car...not private party and certainly not retail.

It doesn't even consider the remainder of the CPO warranty...

Do a search on autotrader for an '02 with < 45k miles for <$29k....not much there....

that price is kbb 'trade in value' for my car...not private party and certainly not retail.

It doesn't even consider the remainder of the CPO warranty...

Do a search on autotrader for an '02 with < 45k miles for <$29k....not much there....
What you can sell it for and what kbb says could be two different things. Have you taken it to carmax and/or bmw to see what their trade in value is? That would be a good guage to go by, carmax anyway.

What you can sell it for and what kbb says could be two different things. Have you taken it to carmax and/or bmw to see what their trade in value is? That would be a good guage to go by, carmax anyway.


Better yet, ask BMW what they will *write a check* for your car! Forget trade in. Ask them to write a check for your car and see what they offer you!

Believe it or not, BMW isn't going to look at your car and say, wow, it's beautiful. We'll give you $$$$.

Nope, they're gonna call a wholesaler and see what they would pay for the car. Then, the dealer is probably gonna offer you at least $500 less than what the wholesaler says. Want to know why? If they have to take the car to auction to get it sold, they want to cover the expense of fees, gas, drivers to get the car on the auction block.

I just had some guy offer me 28k for my car.... :rofl

Guess some people think the prices are dropping already....

That's equally ridiculous. A clean 02 with reasonable miles should be fetching between $31K and $33K, condition depending.

Who gave you this offer? If it came from BFC, Im not surprised. Selling a car on an internet forum is... interesting. Everyone wants a deal... only problem is that a "deal" in the minds of most passive shoppers equates to "fire sale."

Cant blame them for trying, I guess, but when you get your tenth offer in the mid to high $20K's, youll be ready to start responding with nasty Emails.

Sadly, he's getting a very fair offer in the $28k range.

Black book shows:

What you can sell it for and what kbb says could be two different things. Have you taken it to carmax and/or bmw to see what their trade in value is? That would be a good guage to go by, carmax anyway.


Better yet, ask BMW what they will *write a check* for your car! Forget trade in. Ask them to write a check for your car and see what they offer you!

Believe it or not, BMW isn't going to look at your car and say, wow, it's beautiful. We'll give you $$$$.

Nope, they're gonna call a wholesaler and see what they would pay for the car. Then, the dealer is probably gonna offer you at least $500 less than what the wholesaler says. Want to know why? If they have to take the car to auction to get it sold, they want to cover the expense of fees, gas, drivers to get the car on the auction block.


I think we all understand how 'wholesale' works, and my point was the guy was offering wholesale price. KBB's website is NOTORIOUSLY LOW on 'trade in' and NOTORIOUSLY high on 'retail'...it's a dealers best friend.


If the BMW dealer does not have inventory of a used car that you bring to offer them, they very well could cut a check for the car without ever considering wholesale. It depends on timing and inventory.

That's equally ridiculous. A clean 02 with reasonable miles should be fetching between $31K and $33K, condition depending.

Who gave you this offer? If it came from BFC, Im not surprised. Selling a car on an internet forum is... interesting. Everyone wants a deal... only problem is that a "deal" in the minds of most passive shoppers equates to "fire sale."

Cant blame them for trying, I guess, but when you get your tenth offer in the mid to high $20K's, youll be ready to start responding with nasty Emails.

If there was a smiley for hitting the nail on the head...I would use it. you got everything right!

Sadly, he's getting a very fair offer in the $28k range.

Black book shows:

I think you need to extend your view outside the black book at look at the actual market. Find me an '02 with <45k miles for 28k.

Good Luck.


***Edit...here I did it for you:
http://www.autotrader.com/fyc/searchresults.jsp?num_records=100&search_type=both&distance=0&address=32225&style_flag=2&body_style=COUPE&make=BMW&model=M3&make2=&start_year=2002&end_year=2002&min_price=25000&max_price=30000&transmission=&engine=&drive=&doors=&fuel=&max_mileage=45000&color=&keywords_display=&sort_type=priceDESC&body_code=2&certified=&advanced=y&default_sort=priceDESC&keywordsrep=&keywordsfyc=

6 cars nationwide <30k (non less than 29k)

how many cars between 30-33k?

26 cars nationwide

how many cars between 33k-36k?

29 cars nationwide

Up the mileage to < 60 can, same price ranges

23 cars nationwide, not 1 under 28.8 (25-30k)

43 cars nationwide (30-33k)

46 cars nationwide (33-36k)



SOOOOO, correct me if I'm wrong, but the 'black book' represents data related to WHOLESALE activities does not reflect accurate data related to actual Customer transactions. so by looking at a fairly representative sample of the market, pricing my car below $30k would put me in the lowest pricing group in the active market which represents less than 10% of the cars on the market. Why would I want to do that? Particularly since my car is adult driven, well maintained, and still has a year of CPO warranty left?

I think you need to extend your view outside the black book at look at the actual market. Find me an '02 with <45k miles for 28k.

Good Luck.


TheMossMan, I'm sorry if you don't like what I'm showing you. I thought everyone knew that dealers don't advertise their actual selling price!:rolleyes

Sure, they'll sell you the car for clean book. But, if you dare negotiate a deal, I think you'll find that they're willing to concede on the price.


BTW, just did a quick search for '02 M3's on AutoTrader and there are at least 25 cars that are $28500 or less. Again, those are ASKING prices. Two cars show up with miles in the 40k range for $24800 and a cabriolet for $22,000.

TheMossMan, I'm sorry if you don't like what I'm showing you. I thought everyone knew that dealers don't advertise their actual selling price!:rolleyes

Sure, they'll sell you the car for clean book. But, if you dare negotiate a deal, I think you'll find that they're willing to concede on the price.

Look back at my samples and pay attention to the numbers in each range. I'd be willing to be that the bulk of the cars in the 33-36 range and dealer cars, which after negotiation would put them in the 30-33 range....while the bulk of the cars in the 30-33 range are a) dealer cars that are 'not so clean' or b)private sellers.

...it's not that I don't like what you're saying, it's just that I don't think your using complete data to arrive at your conclusion of a 'very fair offer'. Being 'smart' with your statement regarding 'actual' selling price does not serve to bolster your arguement; in fact, it serves more to weaken it.

Look back at my samples and pay attention to the numbers in each range. I'd be willing to be that the bulk of the cars in the 33-36 range and dealer cars, which after negotiation would put them in the 30-33 range....while the bulk of the cars in the 30-33 range are a) dealer cars that are 'not so clean' or b)private sellers.

...it's not that I don't like what you're saying, it's just that I don't think your using complete data to arrive at your conclusion of a 'very fair offer'. Being 'smart' with your statement regarding 'actual' selling price does not serve to bolster your arguement; in fact, it serves more to weaken it.

I'm bored. Time to move on. Pay whatever price you want. Ask whatever price you want.
My data is from Manheim Market Reports. Where's your info from????

I'm bored. Time to move on. Pay whatever price you want. Ask whatever price you want.
My data is from Manheim Market Reports. Where's your info from????

Autotrader.com - a very large market for used autos from dealers and private sellers, which tells me you didn't even read what I wrote.

Your stuck in the Manheim Reports which include:

Much of the research and analysis in this report is conducted by Manheim Auctions' Industry Analysis Department, using proprietary databases derived from sales at all 86 North American Manheim Auctions including Puerto Rico. International data from Manheim's 30 overseas auctions, as well as information provided by Manheim's related businesses, was utilized as appropriate.

All auction data...again...not the prices that the consumers are paying.

Do you work for a dealer?

please dont pay attention, just a test post

tynashracing, I sent you an email. Let me know if you didn't get it.

tynashracing, I sent you an email. Let me know if you didn't get it.


Got it and replied. Sorry I couldn't help!!!

Good luck.

Thanks anyway.

Does anyone have access to Manheim reports?

If I'm not mistaken the Porsche 996 didn't hold it's value

However the 993's did. I have been looking on ebay for 993's (guess why!) and I looked at 996's and many of them were cheaper.
Which one had the broken eggyolk headlamps? I heard that a lot of Porsche people were not to fond of them.

Which one had the broken eggyolk headlamps? I heard that a lot of Porsche people were not to fond of them.

996 99-01 The 02-on 996 had much more attractive pinched lights.

But, when it comes to these cars holding their value...they don't.

Even an 01 (that isn't trashed) is worth $25k+ in most markets.
For a 6+ year old car, holding 50% of original retail seems pretty good to me. :dunno

996 99-01 The 02-on 996 had much more attractive pinched lights.



Even an 01 (that isn't trashed) is worth $25k+ in most markets.
For a 6+ year old car, holding 50% of original retail seems pretty good to me. :dunno


Gofast, you're right. For an '01 to sell north of $25k is strong and would represent a very good market for the car...BUT...

The issue with any of this stuff is that these prices are primarily dealer asking numbers. When you go to trade in your car for one of these used bimmers, the dealer is rarely telling you the wholesale value on your car. Think about most folks, they're concerned primarily with how much the dealer *allows* for their trade.
So, how does the dealer make us feel better about trading in our car? They essentially play with markup on the car that you're wanting to purchase.

How much they *allow* for your trade is the great unknown and is a product of your ability to negotiate the trade.

So, hypothetically you're trying to trade in a car that has a wholesale value of $15k...but you're a smart consumer and you've read KBB and NADA and every other book you can get your hands on and they say your car is worth $18k trade-in. Where's that $3k gonna come from???? They're gonna move the numbers around for you. The dealers car for that '01 M3 is probably priced in the $26k-$27k range. (Now, here's where it gets tricky) The great question is...How much did the dealer pay for that car???? Do you think they paid $24k, $25k? Heck no, my guess is that before a used car even hits the lot for the sales people to sell it...the dealer has already guaranteed themselves a profit of $2k-$4k depending on the size of the dealer. They have to. Think of their overhead!
So, you still need to make the sales force happy 'cause they want to make commissions on selling the car. Maybe the markup for the sales folks at full offer is $3k-$4k. That's a total of $6k-$8k markup from where the dealer originally purchased that car.
So, going back to my example. You're $3k away from a "fair" trade with the dealer. Your car's worth $15k (wholesale) and you've come in wanting at least $18k. So, the dealer is going to place your trade-in, in line with all those books you've read and magically offer you $18k for your trade and $26k-$27k for the car you're buying.

How much have they actually sold the M3 for? Right, $23k-$24k. How much did they acquire the M3 for? Right, $19-$21k.

But, the deal sheet still shows that you paid, $26k-$27k for the car. What's even worse is that the bank is all too happy to lend you as much as $31k for that car that the dealer potentially has $21k or less in it.

The dealer numbers MUST be inflated to deal with people that are upside down in their trades as well as making us feel better about our trade's value.

This may seem far fetched to some. Like I've said before. If you truly want to know what your car is worth, ask a dealer to buy it outright.

If you have time on your side, you ask retail type numbers to sell your car. But, you're competing with the dealers because many people do need to trade or sell their car before buying another. So, the dealer is an easy outlet to get what you want and get rid of what you don't want.
So, what does the individual owner need to do to compete with the dealer? Right, typically they have to discount their car from those numbers that the dealers are asking. You have to entice people to buy outside the dealer.

Sadly, it's these books and the banks that keep the numbers inflated so the dealers can make a killing off of us. How many times have you heard your dealer say what the bank will loan...as if that justifies the price? I've heard it way too many times. Again, we all buy into that theory. If the bank will loan "x" amount and we're getting it for anything below that amt, then it must be a good deal.

I'm really done with this now. I hope this doesn't offend anyone as I don't think I saying anything here that isn't already known. Well, except for the amount of profit the dealers are trying to make. Isn't it funny how they always tell us what a great deal we're getting:rolleyes .

When people see the new M3 the current E46 M3 will skyrocket in value as the respond to the newer/uglier M3 will be tepid at best. People will buy it for the engine.

If you truly want to know what your car is worth, ask a dealer to buy it outright.

Not really.

The dealers are some of the biggest lowballers out there, because their whole business is based on the "buy low, sell high" philosophy, and the bigger that difference is, the more they make.

Here's an example: an acquaintance recently asked a dealer to buy his 90k-mile clean 97 M3 Coupe, outright -- as you say, to appraise it. The dealer offered $6K.

You buy one for $6K. LOL.

As far as Manheim auctions, cars go dirt cheap.

You don't see many/any non-dealer buyers there, do you?

Not really.

The dealers are some of the biggest lowballers out there, because their whole business is based on the "buy low, sell high" philosophy, and the bigger that difference is, the more they make.

Here's an example: an acquaintance recently asked a dealer to buy his 90k-mile clean 97 M3 Coupe, outright -- as you say, to appraise it. The dealer offered $6K.

You buy one for $6K. LOL.

As far as Manheim auctions, cars go dirt cheap.

You don't see many/any non-dealer buyers there, do you?


You know, you make a great point. Dealers are absolutely buy low sell high. It's unfortunately the game that we MUST play if we want to trade in a car or dispose of a car quickly. So, in that respect you're right...you will get low balled, especially if it's a car that they don't think can move quickly.

A friend of mine owns a GMC dealership. I had an '04 Denali XL that I wanted to trade in on an X5 in 2005. I bought the Denali from my friend. Took the truck to him to put a bid on it. He points to the lot and says "Ken, I've got 4 Denali's right now. I can't use the truck. I'll hook you up with the largest wholesaler in the southeast and let him put a bid on it."
Keep in mind, I'd already got the numbers from our BMW dealership on the trade for the X5. Turns out, this wholesaler had actually put a bid on the truck when this BMW dealer inquired. Here's the crazy part. The wholesaler told me the number he'd pay and then asked if this was the same truck he'd received a call on from the BMW dealer. I told him it was the same. Turns out that the BMW dealer tried to rip me for $3000. They actually took his bid and told me the best they could do on the truck was $3000 less than what the wholesaler had offered. He immediately called the dealer and needless to say, they were bending over backwards to get us back in the dealership. They actually said, "we didn't know that you knew (wholesalers name)". Imagine that. But, it happens every day.
So, your point is well taken.


Turbo, I think there's a growing trend with people like myself giving my friends a small fee to fetch a nice used car from those sources.

How are these cars holding up qualitywise? Are they still healthy cars after 60k or are they going to shmeg quick? Everytime I get a new rattle in my 98 M it gets easier to justify a newer one. :D and then :(

I've never owned an M3, however it is one of my old high school dream cars (back in the early 90s).

In my opinion, the E30 M3 market hit rock bottom a couple years ago, and now the things are headed back up quick!! You cannot find one for less than $12-15K that isn't a total pile.

Anyone's opinions on how the E46 may fare long term? I have my heart set on a Laguna Seca blue car with either a red or cinnamon interior :)

I've never owned an M3, however it is one of my old high school dream cars (back in the early 90s).

In my opinion, the E30 M3 market hit rock bottom a couple years ago, and now the things are headed back up quick!! You cannot find one for less than $12-15K that isn't a total pile.

Anyone's opinions on how the E46 may fare long term? I have my heart set on a Laguna Seca blue car with either a red or cinnamon interior :)

Most of the high e30 M3 price is driven by the rarity of the car. The e36 and e46 were produced in much higher numbers than the e30, so I wouldn't count on them holding their value long-term (LTW and CSL aside).
By the same token, s54 Z3 M coupes are perhaps the rarest modern BMW, and are selling for 90% of their original cost 5-6 years later.

Just buy a car you love, take good care of her, stick with her through the rough times, and smile and laugh with her during the good times.
And you never have to worry about all the above :). Be content with what you have.

So does anyone have access to the Manheim lists?

im a dealer and i own inmotive... were the largest m3 dealer on eBay in the entire United States

i can chime in on some past transactions for themossman

28,000 was a more than fair offer on your car, especially since it has no sunroof

were located in miami

i sold 3 02 m3's this week

02 Carbon on Cinnamon with 44k Miles, SMG II, Navigation, OEM 19's, Heated Seats, Premium Package, HK, Xenons
Comments : Gorgeous car, had all the right options and the cinnamon interior, sold in 5 days (whenever we have a rare interior, smg and navi it sells in less than a week)
Price : $30,200 with $295 dealer fee

02 Titanium Silver on Black with 46k Miles, SMG II, ACS Replica Lip, SSR Knockoff 19's, OEM LED's, Interior Trim was painted Titanium Silver, Premium Package, Xenons, HK, Lumbar
Comments : Car took 45 days to sell, I think people were turned off by the wheels and the front lip, overall a nice car though
Price : $28,500 including dealer fee (the guy got a hell of a deal)

02 Carbon Black on Black with 57k Miles, 6 Spd, Premium Package, Xenons, HK, 18's
Comments : Sold in 2.5 wks, a plain jane m3 , nothing special, bland color combo
Price : 27,295 including 295 dealer fee

The prices we got aren't what a private party would get considering we're a powerhouse eBay dealership and everyone knows us as an M3 dealership.

Your car does have CPO but the CPO shouldn't be much consideration just because it's going to be expiring in 1 year. CPO is always very limited in it's coverage. Regardless, no doubt it has some inherit value you can attribute. The no sunroof is a killer, most people on here will hype it but as a dealer if the car doesnt have a Sunroof you'd pay about 1200 less. 6 Spd is not worth as much as SMG, the demand for SMG is a lot more than 6 Spd (I myself have a 6spd and much prefer the 6spd but SMG is the best of both worlds in most people's eyes). Also, Steel Grey on Black is nothing special (e.g. if you had Steel Gray on Imola or Steel Gray on Cinnamon you could hold out because of the low supply).

I would take the offer of $28,000, it's very fair.

Ofcourse this is my advice, im just trying to chime in and help (would hate for you to sit on the car and scratch your head and wonder what's going on). If you held out until summer, you would be able to get a little bit more; but in my opinion it wouldn't be worth it to hold on to the car for an extra 3-4 months for an extra $1200 dollars (although the CPO would have 4 months less till expiration).

also to add another car which has some more relevance

04 Silver Grey on Imola Red M3
No Sunroof
No Power Seats
HK, Xenons, Hyper Black CSL's, Ground Control Coilovers
ACS Style Front Lip and Diffusor
50k Miles


Silver Gray is obv the color that replaced Steel Gray but this car is similar because of no roof and no seats, car was owned by e46fanatics member who tried to sell it for 36,000 before trading it in

Price we sold it for : $31,800