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Re: Need Help..Is this a good deal? (archive)

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Posted by Thomas H. Ptacek on May 11, 1999 at 01:12:17:

In Reply to: Need Help..Is this a good deal? posted by James H on May 11, 1999 at 00:14:38:

Are they giving you the car at MSRP? When I bought
my first M3 conv, they had a $5k premium on it at
every dealership I went to in addition to the
sticker price, and I had to haggle just to get rid
of that...

In any case.

I live in SF Bay area and just bought a 98 M3
conv dealer demo (to replace a stolen 98 conv).
I paid roughly $45 for it at 6k miles,
and that was the best deal I could find.
According to dealers:

- Car was in limited production
- Car is in high demand
- There won't be a 2000 M3 conv
- Bend over

There was a single 99 M3 conv (white, automatic)
with a sticker of $50k on it at the dealership I
ended up buying from. According to them automatic
is much easier to find than manual. They laughed
when I asked them what invoice was on it.

According to CarPoint, dealer invoice on a new
99 convertable is roughly $40k. The dealer I
bought used 98 from purchased a USED one at that
price. I don't know that you can expect to work
up from invoice on these cars (I tried multiple
times and got nowhere).

MSRP on a 99 M3 conv is $45,900, not $48,890,
according to CarPoint. Sticker != MSRP. You
could try asking for MSRP instead of the sticker.

: I went to get a M3 convt and no dealers could get me one until August. I really rather have it before the summer. Anyway one dealer had two coming in within the next 3-5 weeks. Both are Tit. silver on black
: 5 speed
: Harmon Kardon (w/ 6 disc changer)
: Heated and power seats
: M cont II wheels
: ///M mats and key rings.
: $0 down, 10k miles a yr.
: MSRP 48,890
: $731 a month for 30 months with NYS taxes in payments
: 1) I have never leased before, so is there any thing I should haggle them for or negotiate any prices.
: 2) Can I do better, this car is in limited quantity and it is the summer time
: 3) Should I expect less than MSRP
: Thaks for any input
: Jim

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