Last post on Mar 24, 2013 at 10:51 AM
You are in the BMW 3-Series
What is this discussion about?
BMW 3 Series, Sedan
Nov 26, 2002 (3:05 am)
Long time no post...I know. Hey Nerd, I will give you the info when I get to my office in the morning. I have it on my computer at the office. I'll tell you exactly what she paid for the 5. I know it was a good deal. Let me write myself a not while it's on my mind.
I have to tell you all about this weekend. Friday, I went to my doctor. We're good friends and he loves cars as much as I do. Well, in his office wing, one of the fellow doctors on staff basically moved on the fly of the moment with his new girfriend(half is age). He left his wife with the house, cars, boat, etc...and the divorce settlement. To be honest, the marriage was over a long time ago. Well, my doctor friend asked me if I would be interested in buying a car. He said he didn't have a use for it. He told me it was a 3 series, 97 or 98 model, but he wasn't sure. The ex wife wanted to get rid of it. I told him that I just purchased a 325 about a week and half ago, but it wouldn't hurt to look at the car. He gave me her number and I called her Friday afternoon. Sat I drove to her house. She told me she wanted to sell the house, boat, a car, and a few other items. As we walked to the garage, I noticed the 3. In fact, it was a M3 1998 model. She was only interested in keeping her S500 Benz and ML430 Benz. She said she didn't like the BMW. It was too small for her taste, ugly, and she couldn't drive a 5 speed, plus the fact that it was her husbands car as well. He didn't want the car. He kept the 911, the motorbikes,a house in CO, and the new girfriend with a new boob job(ex wife's words). So, everything else was left to her. She wanted to get rid of the BMW as soon as possible. I asked her how much did she want for it. She said she was not trying to make anything off of it, but just wanted to get rid of it before she moved back to Florida. She said it's worth $ 27,000 plus from a friend she spoke to, but she told me if I could buy it asap, she would sell it for $ 15,000. She had all of the records, all serviced by Classic BMW in Dallas. I had a chance to drive the car and have the car checked out. Friends, I purchased a 1998, M3,flawless, 34K miles, for $ 15,000. No Joke. I couldn't pass up such a great deal. In less than 2 weeks, two new cars. With the money I saved with the low interst rate on the 325ci last week, everything balanced out.
I wish all of you a wonderful thanksgiving and to be mindful of those who are not as well off as some of us. I'm making turkey dinners this year on thanksgiving day at a local homeless center.
#20899 of 30250 TENNBERG/CLIMATE CONTROL
Nov 26, 2002 (6:22 am)
tennberg: What you say about audi/bmw/saab is true. The prices at the invoice level are similar. Audi and Saab will deal more because they have to. The Houston BMW dealerships almost never go below $500 off MSRP. They still sell alot of BMWs. Why go lower if people pay that much? I am not saying it is right, but the free market is the free market. What if they were charging $1000 over MSRP? They can do that too if the market would allow it. The fact that the majority of BMW dealerships do not sell much under MSRP has a huge impact on resale value and this helps all BMW owners (of course they had to pay more up front). I wish I could have gotten my car for 3-4% over invoice (all of my previous cars that I have purchased new were from 1-3% above invoice). Unfortunately I could not find someone in town to sell the car for that so I had to decide if I was willing to pay MSRP for my car and if it was worth that much to me. I do not regret the purchase at all, but that is a personal decision. All that I am trying to say is that these numbers invoice/msrp are reference numbers only. In a free market system people can charge what they want and if the market tolerates the price, then that is the price. All that really matters to most people is that they are not paying alot more than someone else who walks in 5 minutes later. If BMW profits more than Audi and Saab, it is because they have a better product and a better corporate strategy. Good for them--they will be able to keep making great cars.
climatecontrol: Unbelievable deal. I love it. We should meet in Centerville and go driving some time. Those E36 M3s are beautiful.
#20900 of 30250 way to go, climatecontrol
Nov 26, 2002 (6:49 am)
my oh my, when it rains, it pours!
I can't believe you snagged an M3 for that price! I thought I was reading an Ann Landers column or something... I'm still laughing
Maybe you'll find another cheap one in Germany to buy when you're here in a few weeks!
Nov 26, 2002 (8:14 am)
BTW tennberg, if you look carefully there are some dealearships that will make some better deals -- many of them have been discussed above. Your best bet for a BMW is to go with ED. This will maximize your savings. Another way to save money is to join BMWCCA and they will give you a minimum $500 rebate on any new BMW or CPO car if you have been a member for a year.
Nov 26, 2002 (9:38 am)
What a deal on the m3! The story almost sounded like one of those old jokes. I wonder if the doctor will like his new 'unbearable lightness of being'. But that's OT. Now you have 2 cars--Verrucht and Ausgezeichnet! (That's German for crazy & outstanding)
#20904 of 30250 Storing Summer Tires
Nov 26, 2002 (9:44 am)
I am planning to switch to winter tires and I was wondering if there was anything special that is required to store my summer tires. Should I over inflate a little ? I have the same question when I store my winter tires next fall.
Nov 26, 2002 (10:18 am)
<<< Not only that, it is good for the dorsiflexors of the left leg and will keep you from getting a blood clot on a long trip--It could save your life! >>>
Spoken like a true MD!!! I feel the same way about driving a manual in traffic.
Nov 26, 2002 (10:22 am)
No, not photoshopped. The new 5 is really going to be that ugly!!
Nov 26, 2002 (10:34 am)
Ipatty, I paid the MACO on an ED. In Houston, I don't think there is any way around it. I know Shipo paid it on his ED too. As long as the dealer is advertising, they are going to pass the cost on. In small markets, they probably don't advertise outside of the newspaper. Like leenelsonmd said, anything less than MSRP is good. I manage to get more than $500 off MSRP but it was real slick. If my wife determines that she wants a BMW in the next 18 months, we will probably go to Temple. We have enough vehicles at the house that a loaner will not make a difference. At Momentum, you don't get a loaner after your car flips 50K miles anyway. When purchasing a BMW, there are really two things to look at: 1)Do you want to pay the best price? or 2) do you want the best service? Personally, I have read some horror stories about individuals that took their Bimmers in for service to the local center. They would then get questioned on why they purchased out of the city, etc... I've only had one bad experience with Momentum and that was my first service advisor. Guess what, I no longer use him.
In TX, there are a ton of fees that they add. On an ED, do not pay the Inventory Fee. If you can convince your dealer not to pay MACO, good. Otherwise, just cough it up. ED is a bargain by any standard. I don't think there is a way to get a BMW cheaper. I think we pay the cheapest prices in the world for a BMW 325/330.