[Average Asian]

hi guys, what you guys think of this car :okay: Thinking about getting it but it has been sale for a long time and probably beat to hell. But the price is not bad. I can probably talk down to 67-68k

2012 BMW M3 2dr Cpe - Inventory | | Auto dealership in Langley, British Columbia (http://www.bmwricky.com/inventory/view/6425147)

[broken_arrow]

If the price is right, get it! It still has full factory warranty, so if anything goes, you really have nothing to worry about.

[yray]

doubt they would budge on the price unless you throw a 68k bankdraft on the table

you have full warranty anyway, can't get too beat up if you're buying from a dealer

[snails]

doubt they would budge on the price unless you throw a 68k bankdraft on the table


you would be surprised how much a dealership will move the price on a used car, especially one thats been on a lot for a while, also the price you see on the website might not be the most updated, go check it out at the dealership, i would be surprised if the sticker price wasnt less, ps this is coming from someone with years in dealerships, and sales

[Ronith]

I would never buy a demo, but thats me. Just pay the extra for a no-mileage one

[twitchyzero]

^ for the amount you save...esp in this case, can be worth it
if it's really been on the lot for a while and with the imminent 4-series...bring out your haggling skills

[Average Asian]

^ for the amount you save...esp in this case, can be worth it
if it's really been on the lot for a while and with the imminent 4-series...bring out your haggling skills

It's been in the lot since like May or June 2012. I'm going to take a look in the weekend probably. The price listed on bmw.ca is actually $70329 that's why I think i can talk down to 67-68k

[yray]

Find a Certified Series Pre-Owned BMW - Inventory Search | BMW Canada (http://www.bmw.ca/ca/en/usedvehicles/certifiedseries/inventory_search.html)

wow, nvm ... haggle like crazy
bmw store is selling a DCT @7k km for 69

[tofu1413]

If the price is right, get it! It still has full factory warranty, so if anything goes, you really have nothing to worry about.


+1


also, use extra coverage / extended coverage as a bargaining chip as a deal... its doable. You'd be surprised how desperate dealers are to sell new cars! (demos still count as a new car to their month! )

[beproud]

Do it! Warranty got you covered! just worry about yourself eh=p

[Excelsis]

strong username + thread title

:troll:

[XplicitLuder]

Well this is what the avg Asian does ^ so I guess he got it on point :troll;
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[JoshuaWong]

The current M3 is supposedly the most reliable car BMW makes and put on sale right now according to consumer reports. With that said, you can get an inspection at BMW before you buy to get a peace of mind. Also, you can pay to go into the computer to check for anything like Launch Control usage, engine over rev etc.

I would be worried about how the car was broken in, but BMW rarely let people test drive M cars and there is a built in safety (rev limited to 6000rpm before break in, mandatory oil change and servicing at 1600km)

Also, did I mention its the last Naturally Aspirated M cars, last V8 M3 ever made? Go get it already.

[heleu]

I would be worried about how the car was broken in, but BMW rarely let people test drive M cars and there is a built in safety (rev limited to 6000rpm before break in, mandatory oil change and servicing at 1600km)


This is true for a brand new M, but not true for a used one. I'm not sure about demos, but I was able to test drive a 2011 and 2009 M3 fairly easily.

[Jgresch]

The current M3 is supposedly the most reliable car BMW makes and put on sale right now according to consumer reports. With that said, you can get an inspection at BMW before you buy to get a peace of mind. Also, you can pay to go into the computer to check for anything like Launch Control usage, engine over rev etc.

I would be worried about how the car was broken in, but BMW rarely let people test drive M cars and there is a built in safety (rev limited to 6000rpm before break in, mandatory oil change and servicing at 1600km)

Also, did I mention its the last Naturally Aspirated M cars, last V8 M3 ever made? Go get it already.

Yea, except for that one test drive that was 7,000kms long?
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[wstce92]

manual the way it should be! DO IT! :thumbsup:

[tofu1413]

this is probably a mgr demo.
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[white rocket]

Have they registered the vehicle? ie: has the warranty clock started ticking yet? That will have a signifigant impact on its current value.

[CanadianM3]

I know one of their top sales person there. He won't pressure you to buy. Send me a PM if you want me to connect you to him.

[Average Asian]

I just talk to the sales rep , there's already a deposit on the car and is just waiting for finance to approve. I guess i'm too late :(

[CanadianM3]

I just talk to the sales rep , there's already a deposit on the car and is just waiting for finance to approve. I guess i'm too late :(

That sucks :( Well let me know if you still want me to connect you with my friend that works in BMW Langley.

[JoshuaWong]

I just talk to the sales rep , there's already a deposit on the car and is just waiting for finance to approve. I guess i'm too late :(

If you absolutely must have the car, you can still put a deposit down. Just make sure 100% that your financing will be approve and before the other party gets approved. I was in that situation and I ended up putting down $5000 non refundable deposit and took the car since the other buyer didn't get her financing before me.
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[Average Asian]

That sucks :( Well let me know if you still want me to connect you with my friend that works in BMW Langley.

I spoke with Ricky. What's the name of your sale's friend.

[Average Asian]

If you absolutely must have the car, you can still put a deposit down. Just make sure 100% that your financing will be approve and before the other party gets approved. I was in that situation and I ended up putting down $5000 non refundable deposit and took the car since the other buyer didn't get her financing before me.
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They said they will let me know if the other party get approve by tomorrow. I'm not gonna be that desperate, i want to get a good deal :okay: I will be checking out a one 08 M3 from a private seller and one from the dealer on Saturday then decide.

[CanadianM3]

They said they will let me know if the other party get approve by tomorrow. I'm not gonna be that desperate, i want to get a good deal :okay: I will be checking out a one 08 M3 from a private seller and one from the dealer on Saturday then decide.

In my opinion, I believe you should get an '09 instead of an '08. The updated i-drive system is worth it.

The name of my friend is Kristoffer.

[Jgresch]

If you absolutely must have the car, you can still put a deposit down. Just make sure 100% that your financing will be approve and before the other party gets approved. I was in that situation and I ended up putting down $5000 non refundable deposit and took the car since the other buyer didn't get her financing before me.
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What is the point of a deposit if a dealer allows multiple deposits and says first with the money gets it?

They obviously just wanted you to feel rushed so they said the other buyer is waiting on financing... She probably wasn't approved so they sold it to you.

That would be pretty shady if a dealer took a deposit for a car then sold it from under the person.

[Average Asian]

What is the point of a deposit if a dealer allows multiple deposits and says first with the money gets it?

They obviously just wanted you to feel rushed so they said the other buyer is waiting on financing... She probably wasn't approved so they sold it to you.

That would be pretty shady if a dealer took a deposit for a car then sold it from under the person.

The sales manager just told me there isn't a deposit on the car just now :suspicious: and can sell it to me if I'm interested. I'm going to have a good look at it and throw them an offer tomorrow if things seem "legit".

The warranty is til April 2016 so this demo has been in the lot for quite some time. (8months)

[CanadianM3]

The sales manager just told me there isn't a deposit on the car just now :suspicious: and can sell it to me if I'm interested. I'm going to have a good look at it and throw them an offer tomorrow if things seem "legit".

The warranty is til April 2016 so this demo has been in the lot for quite some time. (8months)

Why the heck did the other Sales guy tell you there was deposit the first time you were there? Oh well, I hope it works out. The car looks good!

[mb_]

Maybe the person who put the deposit down bailed, happened to few times at my work. Anyways good luck
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[ImsBB1prelude]

this is probably a mgr demo.
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GM's demo

[ws6ta]

Go see Ricky at BMW Langley he will take care of you. As long as you are fair he will work management to get the deal approved while others will try to gross you!

On another note...
People put deposits down on cars and deals fall apart. Some sales people will just let you go in and hope you buy something else. If the car is available no sales person will say it isn't! Trust me on that.

[donjalapeno]

The sales manager just told me there isn't a deposit on the car just now :suspicious: and can sell it to me if I'm interested. I'm going to have a good look at it and throw them an offer tomorrow if things seem "legit".

The warranty is til April 2016 so this demo has been in the lot for quite some time. (8months)

Its not like your buying the car from a kingsway used car dealership....it doesnt get anymore "legit" than a certified BMW dealer....if you like it go and buy it, this thread could have ended awhile ago :badpokerface:

[Average Asian]

I put my deposit down and waiting for approval for finance now. I think I overpaid lol, but the car look sweet in person. But the interest rate is so good at 0.9%

[J89]

how muchhhhhh

[4444]

Financing an M3... If u live at home, you're doing life wrong (waiting for a fail storm from all the losers who can't afford to move out, but own cars they can't really afford)

[Average Asian]

how muchhhhhh

75k + tax.....:okay:

[Fcukedd]

Financing an M3... If u live at home, you're doing life wrong (waiting for a fail storm from all the losers who can't afford to move out, but own cars they can't really afford)

And why do you care about other people's decisions?

[Average Asian]

Financing an M3... If u live at home, you're doing life wrong (waiting for a fail storm from all the losers who can't afford to move out, but own cars they can't really afford)

To be honest, I can buy out np, but i felt like it's better if I use the money for investment or something since the interest rate is so low. I did bmw ownerchoice for 3 years. You only get to live once when you are 18, 25, 30. There's no second chance, so just enjoy life.

[MindBomber]

And why do you care about other people's decisions?

The spending practices 4444 cites have an insidious affect on the economy, he's very much entitled to care.

[ws6ta]

To be honest, I can buy out np, but i felt like it's better if I use the money for investment or something since the interest rate is so low. I did bmw ownerchoice for 3 years. You only get to live once when you are 18, 25, 30. There's no second chance, so just enjoy life.

0.9% is excellent especially for an M car. Its usually 4.9%.

car was probably 90+ new...can't go wrong with a demo for 75.

[4444]

And why do you care about other people's decisions?

$30k millionaires

Enough said

[Bender Unit]

0.9% is freaking great finance rate.
But their list picce is $73xxx. You need to out bid others or just PDI & doc fee ?

$30k millionaires

Enough said
Good. Move on, Pal.
Whatever he want to do.
It doesn't matter to you.

[ws6ta]

0.9% is freaking great finance rate.
But their list picce is $73xxx. You need to out bid others or just PDI & doc fee ?


Good. Move on, Pal.
Whatever he want to do.
It doesn't matter to you.

I know when I was buying my car all the "new" and "demo" cars seem to have freight, pdi, air/tire etc on top of the advertised price and the cars that are preowned aren't charged anything

Kind of misleading but I guess when one dealer does it the rest are forced otherwise everyone just goes to the lowest priced dealer

The luxury car market segment has been destroyed. Gone are the days of 12-15% markup on tier 1 luxury cars. These days cars have 8% markup (bmw/benz/audi/etc) and people can easily get 7% off. Don't try to play the negotiating game tell the sales guy you want 7% discount on an in stock car plus any program money that the manufacture has without asking all this best price crap and I'm sure they won't turn you down. Now if your looking at a ferrari you will be lucky to get 2% off and that would require you being a repeat buyer. At the same time you can walk into rolls royce and get 50k off no problem. Markup on a royce is 60k. Trust me on these numbers I've bought and sold quite a few cars in the last 12 years that I've been driving.

The only place that really seems to hold their shit together is benz on amg cars. Yes you can get a discount (I got 3k off on the first ml63 delivery) but again got to talk to the right people and not waste their time. Effortless deal on their part = more discount for you.

I know 1 person at almost every manufacture if you want a car for 500 over cost just pm me...

Don't forget april 3% luxury tax comes back!

[beproud]

0.9!? that's pretty sweet eh, I would finance just because of the 0.9%.....
I was financing 70k at 7%! I ended up paying it off in 10 month because it got pretty gay eh.......

[westopher]

What do you do that you managed 70k of disposable income in 10 months and bothered financing a car at 7% in the first place?

[beproud]

What do you do that you managed 70k of disposable income in 10 months and bothered financing a car at 7% in the first place?

I had the money sitting around, but my dumb ass plan was to use the rest in vegas..... my smarter friends talked me out of it=) and got me to pay of the car.

[westopher]

Haha jesus. I need a new job.

[lowside67]

Having sold cars for a long time, I always find it interesting the effects of a financing rate in peoples' minds. People get so excited about a posted rate and don't actually calculate the real rate. The reality is that you paid full asking price to get that 0.9% interest rate when you could have gotten at least a $2,500 discount off the asking price. With this in mind, your actual interest rate is 2.6% (which is still a great rate, don't get me wrong). Sounds like you got the car you wanted though, and there are worse things than paying all the money to get something you really love I think!

Mark

[Gumby]

Enjoy the car - got to drive one (in white too) around the block yesterday and it was a blast! :fullofwin:

The M3 is my dream car, but I don't think I will be able to own one in my lifetime... :okay:

[beproud]

Enjoy the car - got to drive one (in white too) around the block yesterday and it was a blast! :fullofwin:

The M3 is my dream car, but I don't think I will be able to own one in my lifetime... :okay:

that's pretty negative eh. From personal experience if you do what you love and make a decent amount, anything is possible eh. Plus M3 is an achievable dream car, but it won't happen over night eh=p If you said a Mclaren, ya I'm in the same boat, it won't happen lol